From October through December of 2018, there were 437 homes sold, with a median sale price of $410,000. There were 482 homes sold in Centennial in the fourth quarter of 2017, and the median sales price for the period was also $410,000.
The median sales tax in Centennial for 2018 was $2,664. In 2017, the median sales tax was $2,546. This marks an increase of 4.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.6%.
The following table compares Centennial to other Arapahoe County cities with similar median sale prices in the fourth quarter of 2018:
| City | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Cherry Creek | 48 | 38 | 26.3% | $542,500 | $542,000 | 0.1% |
| Holly Hills | 10 | 16 | -37.5% | $534,500 | $434,750 | 22.9% |
| Inverness | 4 | 6 | -33.3% | $533,500 | $631,500 | -15.5% |
| Bennett | 5 | 4 | 25% | $509,000 | $463,500 | 9.8% |
| Strasburg | 11 | 8 | 37.5% | $443,500 | $442,500 | 0.2% |
| Centennial | 437 | 482 | -9.3% | $410,000 | $410,000 | 0% |
| Littleton | 152 | 177 | -14.1% | $403,307.50 | $388,000 | 3.9% |
| Englewood | 150 | 157 | -4.5% | $380,000 | $350,000 | 8.6% |
| Byers | 2 | 5 | -60% | $333,750 | $225,000 | 48.3% |
| Columbine | 7 | 13 | -46.2% | $325,000 | $481,000 | -32.4% |
| Aurora | 1,592 | 1,829 | -13% | $320,000 | $300,000 | 6.7% |
Alerts Sign-up