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West Arapahoe News

Thursday, December 26, 2024

How did home prices perform in Greenwood Village during the first half of 2022?

Re 11

The median sale price of a home sold in the first half of 2022 in Greenwood Village rose by $215,000 while total sales decreased by 49.7 percent, according to BlockShopper.com.

From January through June, there were 74 homes sold, with a median sale price of $1,365,000 - an 18.7 percent increase over the $1,150,000 median sale price for the same period of the previous year. There were 147 homes sold in Greenwood Village in the first half of 2021.

The median sales tax in Greenwood Village for the most recent year with available data, 2018, was $5,061, approximately 0.4 percent of the median home sale price for the first half of 2022.

The following table compares Greenwood Village to other Arapahoe County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Cherry Hills Village3260-46.7$3,375,000$2,822,00019.6
Bow Mar13-66.7$2,195,500$2,000,0009.8
Columbine Valley713-46.2$1,928,000$1,700,00013.4
Greenwood Village74147-49.7$1,365,000$1,150,00018.7
Watkins440$913,000$689,00032.5
Cherry Creek72110-34.5$815,425$649,00025.6
Bennett440$785,000$625,00025.6
Holly Hills2834-17.6$732,500$636,20015.1
Strasburg58-37.5$715,000$590,00021.2
Centennial679992-31.6$650,000$555,00017.1
Spring Creek Meadows181250$619,000$495,31925

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