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West Arapahoe News

Thursday, November 7, 2024

Arapahoe County experienced drop in median home valuation prices in February 2024 compared to February 2023

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In February, the median sale price of a home in Arapahoe County fell by $450 from the same period in the previous year, while total sales decreased by 61%, according to BlockShopper.com.

Data shows that there were 174 homes sold in February, with a median sale price of $472,500 - a 0.1% decrease from the $472,950 median sale price for the same period of the previous year. There were 446 homes sold in Arapahoe County in February 2023.

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 February's median home sale price.

The following histogram displays changes in median sales prices in Arapahoe County from February 2023 to February 2024.

February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024$472,950$472,950$470,000$470,000$476,000$476,000$510,800$510,800$499,000$499,000$510,000$510,000$515,000$515,000$475,000$475,000$481,000$481,000$472,500$472,500$450,000$450,000$498,000$498,000$472,500$472,500

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