First American Market Report

Centennial, CO

Single-Family Homes

First American Title | 303.305.1350 | www.firstam.com/title/co



Centennial, CO

Sun Jul 12 2020
This week the median list price for Centennial, CO is $650,000 with the market action index hovering around 64. This is an increase over last month's market action index of 63. Inventory has held steady at or around 101. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Centennial, CO

Sun Jul 12 2020
This week the median list price for Centennial, CO is $650,000 with the market action index hovering around 64. This is an increase over last month's market action index of 63. Inventory has held steady at or around 101. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Centennial market.
Median List Price $650,000
Per Square Foot $224
Days on Market 62
Price Decreased 36%
Price Increased 3%
Relisted 5%
Inventory 101
Median Rent $2,448
Most Expensive $3,599,000
Least Expensive $345,000
Market Action 64
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,175,000 5,665 0.5 - 1 acre 5 4 22 1 1 133
$799,900 3,450 0.25 - 0.5 acre 5 3 34 9 5 67
$600,000 3,077 8,000 - 10,000 sqft 4 3 38 10 8 32
$487,475 2,221 8,000 - 10,000 sqft 4 2 42 10 12 15