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Saturday, November 23, 2024

What happened to the median home price in Centennial during July 2019?

Realestate1

The median sale price of a home sold in July 2019 in Centennial rose by $20,000 while total sales increased by 16.4%, according to BlockShopper.com.

In July 2019, there were 248 homes sold, with a median sale price of $465,000 - a 4.5% increase over the $445,000 median sale price for the same period of the previous year. There were 213 homes sold in Centennial in July 2018.

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 July 2019.

The following table compares Centennial to other Arapahoe County cities with similar median sale prices in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Greenwood Village30293.4%$882,500$922,500-4.3%
Foxfield31200%$810,000$800,0001.3%
Watkins10-$578,850$0-
Cherry Creek262218.2%$559,500$528,5005.9%
Bennett220%$480,500$291,00065.1%
Centennial24821316.4%$465,000$445,0004.5%
Strasburg220%$453,000$465,000-2.6%
Littleton71667.6%$449,888$417,5007.8%
Spring Creek Meadows63100%$447,200$403,237.6610.9%
Inverness4333.3%$432,750$462,000-6.3%
Holly Hills126100%$417,875$467,550-10.6%

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