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West Arapahoe News

Thursday, November 7, 2024

Falling home valuation prices in Arapahoe County in June 2023 compared to June 2022

Realestate2

In June 2023, the median sale price of a home in Arapahoe County fell by $18,000 from the same period in the previous year, while total sales decreased by 75.2%, according to BlockShopper.com.

Data shows that there were 191 homes sold in June 2023, with a median sale price of $499,000 - a 3.5% decrease from the $517,000 median sale price for the same period of the previous year. There were 769 homes sold in Arapahoe County in June 2022.

For context, the median sales tax in Arapahoe County, based on the latest available data from 2022, was $2,522, which stands at 0.5% of June 2023's median home sale price.

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

June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023$517,000$517,000$500,000$500,000$491,750$491,750$490,000$490,000$465,000$465,000$462,000$462,000$450,000$450,000$455,250$455,250$472,950$472,950$470,000$470,000$476,000$476,000$510,800$510,800$499,000$499,000

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