Your Local Market Report

Centennial, CO

Condos/Townhomes

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Centennial, CO

Fri Feb 26 2021
This week the median list price for Centennial, CO is $410,000 with the market action index hovering around 75. This is less than last month's market action index of 81. Inventory has held steady at or around 7. 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

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Centennial, CO

Fri Feb 26 2021
This week the median list price for Centennial, CO is $410,000 with the market action index hovering around 75. This is less than last month's market action index of 81. Inventory has held steady at or around 7. 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

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Centennial market.
Median List Price $410,000
Per Square Foot $205
Days on Market 0
Price Decreased 43%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent $1,549
Most Expensive $699,000
Least Expensive $239,500
Market Action 75
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$699,000 3,405 0 - 4,500 sqft 3 4 36 0 0 56
$479,450 2,638 0 - 4,500 sqft 3 4 31 1 0 7
$342,500 1,564 0 - 4,500 sqft 2 2 41 2 1 0
$248,700 963 0 - 4,500 sqft 1 1 47 1 0 14