First American Market Report

Centennial, CO

Condos/Townhomes

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Centennial, CO

Fri Jul 10 2020
This week the median list price for Centennial, CO is $389,900 with the market action index hovering around 67. This is an increase over last month's market action index of 65. Inventory has held steady at or around 17. 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 settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Centennial, CO

Fri Jul 10 2020
This week the median list price for Centennial, CO is $389,900 with the market action index hovering around 67. This is an increase over last month's market action index of 65. Inventory has held steady at or around 17. 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 settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Centennial market.
Median List Price $389,900
Per Square Foot $248
Days on Market 31
Price Decreased 47%
Price Increased 0%
Relisted 18%
Inventory 17
Median Rent $1,605
Most Expensive $619,000
Least Expensive $170,000
Market Action 67
Strong Seller's Market

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
$440,950 1,872 0 - 4,500 sqft 2 2 19 2 0 38
$412,000 1,520 0 - 4,500 sqft 3 2 20 0 2 42
$359,950 1,535 0 - 4,500 sqft 2 2 37 2 4 24
$200,000 806 0 - 4,500 sqft 1 1 45 1 2 21