First Integrity Title Market Report

Centennial, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Centennial, CO

Tue Jun 18 2019
This week the median list price for Centennial, CO is $558,000 with the market action index hovering around 58. This is an increase over last month's market action index of 56. Inventory has held steady at or around 180. Click here to stay informed with the Centennial market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Centennial, CO

Tue Jun 18 2019
This week the median list price for Centennial, CO is $558,000 with the market action index hovering around 58. This is an increase over last month's market action index of 56. Inventory has held steady at or around 180. Click here to stay informed with the Centennial market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Centennial market.
Median List Price $558,000
Per Square Foot $182
Days on Market 46
Price Decreased 49%
Price Increased 3%
Relisted 4%
Inventory 180
Median House Rent $2,400
Most Expensive $2,050,000
Least Expensive $339,900
Market Action Index
Strong Seller's Market
58

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$875,000 4,948 0.25 - 0.5 acre 5 3 26 6 8 72
$615,888 3,523 8,000 - 10,000 sqft 4 3 39 10 4 36
$524,500 2,996 8,000 - 10,000 sqft 4 3 39 9 8 47
$435,000 2,376 8,000 - 10,000 sqft 3 2 37 16 16 29