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Centennial State News

Thursday, October 17, 2024

What happened to the median home price in Centennial during the first quarter of 2020?

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The median sale price of a home sold in the first quarter of 2020 in Centennial rose by $35,000 while total sales increased by 4.8%, according to BlockShopper.com.

From January through March of 2020, there were 393 homes sold, with a median sale price of $455,000 - a 8.3% increase over the $420,000 median sale price for the same period of the previous year. There were 375 homes sold in Centennial in the first 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 first quarter of 2020.

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

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Strasburg83166.7%$535,200$409,90030.6%
Holly Hills1217-29.4%$525,250$512,5002.5%
Watkins12-50%$485,000$617,500-21.5%
Littleton15311137.8%$460,000$393,10017%
Inverness47-42.9%$458,750$515,000-10.9%
Centennial3933754.8%$455,000$420,0008.3%
Denver220%$437,500$278,00057.4%
Englewood1311291.6%$425,000$370,00014.9%
Spring Creek Meadows147100%$421,000$350,00020.3%
Sheridan181250%$359,500$310,00016%
Dove Valley2532-21.9%$359,000$327,5009.6%

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