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Denver City Wire

Wednesday, October 16, 2024

Holly Hills home prices rose in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Holly Hills rose by $83,000 while total sales increased by 5.3%, according to BlockShopper.com.

From April through June of 2018, there were 20 homes sold, with a median sale price of $505,000 - a 19.7% increase over the $422,000 median sale price for the same period of the previous year. There were 19 homes sold in Holly Hills in the second quarter of 2017.

The median sales tax in Holly Hills for 2018 was $2,460. In 2017, the median sales tax was $2,432. This marks an increase of 1.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.5%.

The following table compares Holly Hills to other Arapahoe County cities with similar median sale prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Greenwood Village9441129.3%$1,106,250$1,201,100-7.9%
Foxfield52150%$679,500$869,999.50-21.9%
Cherry Creek674067.5%$637,800$617,5003.3%
Watkins42100%$585,500$464,20026.1%
Columbine144250%$556,250$438,35026.9%
Holly Hills20195.3%$505,000$422,00019.7%
Inverness90-$505,000$0-
Centennial5835790.7%$435,000$425,0002.4%
Strasburg4333.3%$434,500$330,00031.7%
Bennett34-25%$430,000$229,95087%
Littleton19412654%$412,722$403,5002.3%

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