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Tuesday, May 14, 2024

What happened to the median home price in Sheridan during February 2022?

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The median sale price of a home sold in February 2022 in Sheridan fell by $24,650 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In February 2022, there were two homes sold, with a median sale price of $378,750 - a 6.1% decrease over the $403,400 median sale price for the same period of the previous year. There were two homes sold in Sheridan in February 2021, as well.

The median sales tax in Sheridan for the most recent year with available data, 2018, was $1,847, approximately 0.5% of the median home sale price for February 2022.

The following table compares Sheridan to other Arapahoe County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Greenwood Village316-81.3%$1,175,000$867,82835.4%
Cherry Creek57-28.6%$975,000$618,00057.8%
Holly Hills110-90%$890,000$580,50053.3%
Columbine220%$757,500$717,5005.6%
Centennial28109-74.3%$673,750$540,00024.8%
Littleton137-97.3%$629,550$500,00025.9%
Spring Creek Meadows12-50%$485,000$517,000-6.2%
Aurora150417-64%$473,750$360,00031.6%
Englewood438-89.5%$470,000$447,2005.1%
Sheridan220%$378,750$403,400-6.1%
Dove Valley18-87.5%$376,000$273,45037.5%

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