First American Market Report

Centennial, CO

Single-Family Homes

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Centennial, CO

Fri Feb 21 2020
This week the median list price for Centennial, CO is $605,000 with the market action index hovering around 69. This is an increase over last month's market action index of 62. Inventory has held steady at or around 71. 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

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

Fri Feb 21 2020
This week the median list price for Centennial, CO is $605,000 with the market action index hovering around 69. This is an increase over last month's market action index of 62. Inventory has held steady at or around 71. 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

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 $605,000
Per Square Foot $211
Days on Market 56
Price Decreased 28%
Price Increased 3%
Relisted 1%
Inventory 71
Median Rent $2,500
Most Expensive $3,850,000
Least Expensive $384,900
Market Action 69
Strong Seller's Market

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
$1,175,000 5,454 0.5 - 1 acre 5 4 20 1 1 134
$747,450 3,452 0.25 - 0.5 acre 4 3 28 6 2 19
$535,000 2,881 8,000 - 10,000 sqft 4 2 39 10 4 42
$473,000 2,026 6,500 - 8,000 sqft 4 2 37 9 5 34