From April through June of 2018, there were 14 homes sold, with a median sale price of $556,250 - a 26.9% increase over the $438,350 median sale price for the same period of the previous year. There were four homes sold in Columbine in the second quarter of 2017.
The median sales tax in Columbine for 2018 was $3,150. In 2017, the median sales tax was $2,936. This marks an increase of 7.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.6%.
The following table compares Columbine to other Arapahoe County cities with similar median sale prices in the second quarter of 2018:
City | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Columbine Valley | 12 | 5 | 140% | $1,182,500 | $1,000,000 | 18.3% |
Greenwood Village | 94 | 41 | 129.3% | $1,106,250 | $1,201,100 | -7.9% |
Foxfield | 5 | 2 | 150% | $679,500 | $869,999.50 | -21.9% |
Cherry Creek | 67 | 40 | 67.5% | $637,800 | $617,500 | 3.3% |
Watkins | 4 | 2 | 100% | $585,500 | $464,200 | 26.1% |
Columbine | 14 | 4 | 250% | $556,250 | $438,350 | 26.9% |
Holly Hills | 20 | 19 | 5.3% | $505,000 | $422,000 | 19.7% |
Inverness | 9 | 0 | - | $505,000 | $0 | - |
Centennial | 583 | 579 | 0.7% | $435,000 | $425,000 | 2.4% |
Strasburg | 4 | 3 | 33.3% | $434,500 | $330,000 | 31.7% |
Bennett | 3 | 4 | -25% | $430,000 | $229,950 | 87% |