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Saturday, March 15, 2025

What happened to the median home price in Foxfield during the second half of 2018?

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The median sale price of a home sold in the second half of 2018 in Foxfield fell by $54,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From July through December of 2018, there were three homes sold, with a median sale price of $646,000 - a 7.7% decrease over the $700,000 median sale price for the same period of the previous year. There were three homes sold in Foxfield in the second half of 2017, as well.

The median sales tax in Foxfield for 2018 was $3,956. In 2017, the median sales tax was $3,941. This marks an increase of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.6%.

The following table compares Foxfield to other Arapahoe County cities with similar median sale prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Cherry Hills Village5558-5.2%$1,835,000$1,716,2506.9%
Bow Mar440%$1,372,537.50$1,858,750-26.2%
Columbine Valley1120-45%$910,000$870,0004.6%
Greenwood Village1261250.8%$902,000$840,0007.4%
Foxfield330%$646,000$700,000-7.7%
Watkins4333.3%$620,000$575,0007.8%
Cherry Creek1019012.2%$545,000$542,0000.6%
Holly Hills2632-18.8%$524,250$441,20018.8%
Inverness913-30.8%$492,000$507,000-3%
Bennett990%$471,000$450,0004.7%
Strasburg1416-12.5%$446,750$412,8258.2%

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