The median sale price of a home sold in April in Cherry Hills Village rose by $1,449,000 while total sales decreased by 58.3 percent, according to BlockShopper.com.
In April, there were five homes sold, with a median sale price of $4,049,000 - a 55.7 percent increase over the $2,600,000 median sale price for the same period of the previous year. There were 12 homes sold in Cherry Hills Village in April 2021.
The median sales tax in Cherry Hills Village for the most recent year with available data, 2018, was $11,112, approximately 0.3 percent of the median home sale price for April.
The following table compares Cherry Hills Village to other Arapahoe County cities with similar median sale prices in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Cherry Hills Village | 5 | 12 | -58.3 | $4,049,000 | $2,600,000 | 55.7 |
| Greenwood Village | 10 | 23 | -56.5 | $2,216,250 | $1,399,000 | 58.4 |
| Bow Mar | 1 | 1 | 0 | $2,195,500 | $2,060,000 | 6.6 |
| Columbine Valley | 2 | 2 | 0 | $1,401,500 | $1,837,500 | -23.7 |
| Watkins | 1 | 0 | - | $876,000 | $0 | - |
| Cherry Creek | 14 | 16 | -12.5 | $812,425 | $708,250 | 14.7 |
| Spring Creek Meadows | 1 | 1 | 0 | $735,000 | $550,000 | 33.6 |
| Holly Hills | 5 | 6 | -16.7 | $690,000 | $637,500 | 8.2 |
| Columbine | 2 | 1 | 100 | $672,500 | $756,000 | -11 |
| Centennial | 75 | 178 | -57.9 | $670,000 | $560,000 | 19.6 |
| Sheridan | 3 | 8 | -62.5 | $580,000 | $463,650 | 25.1 |
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