First Integrity Title Market Report

Centennial, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Centennial, CO

Tue Mar 09 2021
This week the median list price for Centennial, CO is $600,000 with the market action index hovering around 93. This is an increase over last month's market action index of 92. Inventory has held steady at or around 29. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Centennial, CO

Tue Mar 09 2021
This week the median list price for Centennial, CO is $600,000 with the market action index hovering around 93. This is an increase over last month's market action index of 92. Inventory has held steady at or around 29. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Centennial market.
Median List Price $600,000
Per Square Foot $210
Days on Market 0
Price Decreased 7%
Price Increased 3%
Relisted 7%
Inventory 29
Median Rent $2,545
Most Expensive $1,750,000
Least Expensive $425,000
Market Action 93
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,225,000 5,891 0.25 - 0.5 acre 4 5 24 4 2 7
$745,000 3,834 0.25 - 0.5 acre 4 3 42 5 4 0
$565,000 2,691 0.25 - 0.5 acre 4 3 49 6 5 0
$461,250 2,398 6,500 - 8,000 sqft 3 3 24 6 4 0