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East Arapahoe News

Sunday, September 22, 2024

What happened to the median home price in Centennial during February 2021?

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The median sale price of a home sold in February 2021 in Centennial rose by $90,000 while total sales increased by 0.9%, according to BlockShopper.com.

In February 2021, there were 109 homes sold, with a median sale price of $540,000 - a 20% increase over the $450,000 median sale price for the same period of the previous year. There were 108 homes sold in Centennial in February 2020.

The median sales tax in Centennial for the most recent year with available data, 2018, was $2,664, approximately 0.5% of the median home sale price for February 2021.

The following table compares Centennial to other Arapahoe County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Foxfield12-50%$740,000$925,000-20%
Watkins110%$730,000$485,00050.5%
Columbine24-50%$717,500$334,250114.7%
Cherry Creek716-56.3%$618,000$542,50013.9%
Holly Hills104150%$580,500$635,000-8.6%
Centennial1091080.9%$540,000$450,00020%
Inverness23-33.3%$532,500$385,00038.3%
Strasburg110%$530,000$528,0000.4%
Spring Creek Meadows24-50%$517,000$465,00011.2%
Littleton3739-5.1%$500,000$480,0004.2%
Englewood3840-5%$447,200$425,1255.2%

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