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West Arapahoe News

Wednesday, December 4, 2024

Arapahoe County home valuation prices fell in February 2023 compared to the same period in 2022

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In February 2023, the median sale price of a home in Arapahoe County fell by $19,000 from the same period in the previous year, while total sales decreased by 52.6%, according to BlockShopper.com.

Data shows that there were 288 homes sold in February 2023, with a median sale price of $474,000 - a 3.9% decrease from the $493,000 median sale price for the same period of the previous year. There were 607 homes sold in Arapahoe County in February 2022.

For context, the median sales tax in Arapahoe County, based on the latest available data from 2018, was $1,993, which stands at 0.4% of February 2023's median home sale price.

The following histogram displays changes in median sales prices in Arapahoe County from February 2022 to February 2023.

February 2022March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023$493,000$493,000$512,000$512,000$510,500$510,500$520,000$520,000$518,623$518,623$515,000$515,000$515,000$515,000$515,000$515,000$490,000$490,000$470,000$470,000$479,900$479,900$500,000$500,000$474,000$474,000

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