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East Arapahoe News

Sunday, September 22, 2024

Centennial home prices rose in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Centennial rose by $21,450 while total sales increased by 3.2%, according to BlockShopper.com.

From July through September of 2020, there were 610 homes sold, with a median sale price of $473,450 - a 4.7% increase over the $452,000 median sale price for the same period of the previous year. There were 591 homes sold in Centennial in the third quarter of 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 the third quarter of 2020.

The following table compares Centennial to other Arapahoe County cities with similar median sale prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Bennett770%$565,000$486,00016.3%
Inverness67-14.3%$522,000$418,00024.9%
Strasburg8714.3%$520,000$485,0007.2%
Holly Hills1517-11.8%$515,000$455,00013.2%
Littleton24419823.2%$476,450$431,25010.5%
Centennial6105913.2%$473,450$452,0004.7%
Columbine171330.8%$455,000$348,00030.7%
Englewood177189-6.3%$450,000$410,0009.8%
Spring Creek Meadows617-64.7%$400,000$434,000-7.8%
Aurora2,0661,9157.9%$359,000$334,5007.3%
Byers9812.5%$350,000$212,50064.7%

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