First Integrity Title Market Report

Centennial, CO

Single-Family Homes

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Centennial, CO

Sun Feb 09 2025
This week the median list price for Centennial, CO is $678,900 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has increased to 115. 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.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Centennial, CO

Sun Feb 09 2025
This week the median list price for Centennial, CO is $678,900 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has increased to 115. 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.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Centennial market.
Median List Price $678,900
Median Price of New Listings $740,000
Per Square Foot $305
Average Days on Market 147
Median Days on Market 84
Price Decreased 60%
Price Increased 2%
Relisted 12%
Inventory 115
Median Rent
Market Action 43
Slight Seller's Advantage

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
$1,050,000 3,308 0.25 - 0.5 acre 4 3 46 5 3 63
$749,900 2,611 0.25 - 0.5 acre 4 2.5 55 7 3 63
$629,900 2,114 8,000 - 10,000 sqft 4 2.5 50 4 1 119
$540,000 2,028 6,500 - 8,000 sqft 4 2 41 3 3 112