How did home prices perform in Cherry Creek during April?

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The median sale price of a home sold in April in Cherry Creek rose by $104,175 while total sales decreased by 12.5 percent, according to BlockShopper.com.

In April, there were 14 homes sold, with a median sale price of $812,425 - a 14.7 percent increase over the $708,250 median sale price for the same period of the previous year. There were 16 homes sold in Cherry Creek in April 2021.

The median sales tax in Cherry Creek for the most recent year with available data, 2018, was $3,687, approximately 0.5 percent of the median home sale price for April.

The following table compares Cherry Creek to other Arapahoe County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Cherry Hills Village512-58.3$4,049,000$2,600,00055.7
Greenwood Village1023-56.5$2,216,250$1,399,00058.4
Bow Mar110$2,195,500$2,060,0006.6
Columbine Valley220$1,401,500$1,837,500-23.7
Watkins10-$876,000$0-
Cherry Creek1416-12.5$812,425$708,25014.7
Spring Creek Meadows110$735,000$550,00033.6
Holly Hills56-16.7$690,000$637,5008.2
Columbine21100$672,500$756,000-11
Centennial75178-57.9$670,000$560,00019.6
Sheridan38-62.5$580,000$463,65025.1

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