What happened to the median home price in Watkins (Arapahoe County) during April 2018?

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The median sale price of a home sold in April 2018 in Watkins in Arapahoe County rose by $125,800 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In April 2018, there were two homes sold, with a median sale price of $590,000 – a 27.1% increase over the $464,200 median sale price for the same period of the previous year. There were two homes sold in Watkins in April 2017, as well.

The median sales tax in Watkins for 2018 was $2,502. In 2017, the median sales tax was $2,462. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.4%.

The following table compares Watkins to other Arapahoe County cities with similar median sale prices in April 2018:

City Apr. 2018 Home Sales Apr. 2017 Home Sales % change (Total Home Sales) Apr. 2018 Median Sales Price Apr. 2017 Median Sales Price % change (Median Sales Price)
Cherry Hills Village 10 4 150% $1,862,500 $1,250,000 49%
Columbine Valley 6 2 200% $1,135,000 $1,125,000 0.9%
Greenwood Village 31 12 158.3% $1,112,500 $1,125,000 -1.1%
Sheridan 2 2 0% $1,028,500 $440,000 133.8%
Cherry Creek 13 10 30% $645,000 $575,000 12.2%
Watkins 2 2 0% $590,000 $464,200 27.1%
Inverness 3 0 $502,000 $0
Holly Hills 7 5 40% $475,000 $435,000 9.2%
Columbine 7 1 600% $460,000 $280,000 64.3%
Centennial 181 137 32.1% $450,000 $418,000 7.7%
Littleton 45 34 32.4% $425,000 $391,437.50 8.6%

* This story only considers sales data for the part of Watkins that is in Arapahoe County.



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