First Integrity Title Market Report

Centennial, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Centennial, CO

Tue Oct 15 2019
This week the median list price for Centennial, CO is $549,900 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has held steady at or around 200. 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

Tue Oct 15 2019
This week the median list price for Centennial, CO is $549,900 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has held steady at or around 200. 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 $549,900
Per Square Foot $175
Days on Market 77
Price Decreased 61%
Price Increased 3%
Relisted 14%
Inventory 200
Median House Rent $2,400
Most Expensive $3,850,000
Least Expensive $349,000
Market Action Index
Strong Seller's Market
51

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
$915,000 5,551 0.5 - 1 acre 5 4 30 4 1 126
$590,500 3,750 8,000 - 10,000 sqft 4 3 36 8 9 79
$515,000 2,775 8,000 - 10,000 sqft 4 2 41 6 1 55
$422,750 2,376 8,000 - 10,000 sqft 4 2 39 12 13 47