What happened to the median home price in Dove Valley during August 2021?

Medium realestate5

The median sale price of a home sold in August 2021 in Dove Valley rose by $80,000 while total sales remained unchanged with 11 homes sold, according to BlockShopper.com.

In August 2021, there were 11 homes sold, with a median sale price of $450,000 - a 21.6% increase over the $370,000 median sale price for the same period of the previous year. There were 11 homes sold in Dove Valley in August 2020, as well.

The median sales tax in Dove Valley for the most recent year with available data, 2018, was $2,295, approximately 0.5% of the median home sale price for August 2021.

The following table compares Dove Valley to other Arapahoe County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Holly Hills11757.1%$578,500$515,00012.3%
Spring Creek Meadows220%$565,000$465,00021.5%
Dove Valley11110%$450,000$370,00021.6%

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