First Integrity Title Market Report

Centennial, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Centennial, CO

Wed Aug 04 2021
This week the median list price for Centennial, CO is $655,000 with the market action index hovering around 93. This is less than last month's market action index of 97. Inventory has increased to 93. Click here to stay informed with the Centennial market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Centennial, CO

Wed Aug 04 2021
This week the median list price for Centennial, CO is $655,000 with the market action index hovering around 93. This is less than last month's market action index of 97. Inventory has increased to 93. Click here to stay informed with the Centennial market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Centennial market.
Median List Price $655,000
Median Price of New Listings $565,000
Per Square Foot $235
Average Days on Market 13
Median Days on Market 7
Price Decreased 24%
Price Increased 5%
Relisted 3%
Inventory 93
Median Rent $2,650
Market Action 93
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$925,900 3,604 0.25 - 0.5 acre 5 4 41 4 3 7
$700,000 3,212 0.25 - 0.5 acre 4 3 41 8 6 14
$599,000 2,464 8,000 - 10,000 sqft 4 3 45 8 8 7
$499,950 2,160 6,500 - 8,000 sqft 4 3 36 17 12 0