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East Arapahoe News

Wednesday, November 27, 2024

Pricing for the median home in Centennial increased during August 2020

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The median sale price of a home sold in August 2020 in Centennial rose by $34,500 while total sales increased by 14.6%, according to BlockShopper.com.

In August 2020, there were 196 homes sold, with a median sale price of $478,500 - a 7.8% increase over the $444,000 median sale price for the same period of the previous year. There were 171 homes sold in Centennial in August 2019.

The median sales tax in Centennial for the most recent year with available data, 2018, was $2,664, approximately 0.6% of the median home sale price for August 2020.

The following table compares Centennial to other Arapahoe County cities with similar median sale prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Cherry Creek1630-46.7%$670,450$489,412.5037%
Bennett5366.7%$574,000$589,900-2.7%
Strasburg5425%$535,000$499,9507%
Holly Hills72250%$515,000$479,5007.4%
Inverness110%$499,500$392,00027.4%
Centennial19617114.6%$478,500$444,0007.8%
Littleton63596.8%$470,000$475,000-1.1%
Spring Creek Meadows27-71.4%$465,000$463,5000.3%
Englewood4460-26.7%$456,500$429,9506.2%
Dove Valley11110%$370,000$350,0005.7%
Aurora6065883.1%$351,250$330,0006.4%

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