In May, the median sale price of a home in Arapahoe County rose by $42,200 from the same period in the previous year, while total sales decreased by 31.9%, according to BlockShopper.com.
Data shows that there were 228 homes sold in May, with a median sale price of $553,000 - an 8.3% increase over the $510,800 median sale price for the same period of the previous year. There were 335 homes sold in Arapahoe County in May 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 May's median home sale price.
The following histogram displays changes in median sales prices in Arapahoe County from May 2023 to May 2024.