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East Arapahoe News

Sunday, September 22, 2024

Centennial median home prices rose by 17.1% in the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Centennial rose by $95,000 while total sales decreased by 31.6 percent, according to BlockShopper.com.

From January through June, there were 679 homes sold, with a median sale price of $650,000 - a 17.1 percent increase over the $555,000 median sale price for the same period of the previous year. There were 992 homes sold in Centennial in the first half of 2021.

The median sales tax in Centennial for the most recent year with available data, 2018, was $2,664, approximately 0.4 percent of the median home sale price for the first half of 2022.

The following table compares Centennial to other Arapahoe County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Watkins440$913,000$689,00032.5
Cherry Creek72110-34.5$815,425$649,00025.6
Bennett440$785,000$625,00025.6
Holly Hills2834-17.6$732,500$636,20015.1
Strasburg58-37.5$715,000$590,00021.2
Centennial679992-31.6$650,000$555,00017.1
Spring Creek Meadows181250$619,000$495,31925
Littleton218330-33.9$590,000$503,00017.3
Columbine1416-12.5$567,500$815,000-30.4
Inverness1021-52.4$567,000$518,3009.4
Englewood225356-36.8$565,000$485,00016.5

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