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Centennial State News

Monday, November 25, 2024

What happened to the median home price in Centennial during May 2020?

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The median sale price of a home sold in May 2020 in Centennial fell by $28,000 while total sales decreased by 43.4%, according to BlockShopper.com.

In May 2020, there were 107 homes sold, with a median sale price of $442,000 - a 6% decrease over the $470,000 median sale price for the same period of the previous year. There were 189 homes sold in Centennial in May 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 May 2020.

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

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Greenwood Village1035-71.4%$826,650$820,0000.8%
Foxfield110%$725,000$1,200,000-39.6%
Cherry Creek1023-56.5%$561,750$622,500-9.8%
Holly Hills24-50%$477,000$492,000-3%
Inverness23-33.3%$445,450$519,000-14.2%
Centennial107189-43.4%$442,000$470,000-6%
Littleton4888-45.5%$437,500$433,3251%
Spring Creek Meadows13-66.7%$433,500$365,00018.8%
Englewood3377-57.1%$410,000$379,5008%
Dove Valley614-57.1%$350,000$355,500-1.5%
Aurora356635-43.9%$343,500$338,0001.6%

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