Is Centennial, CO a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Centennial is a seller's market


Difference Since March 2023

Since last year, Centennial has remained a Seller's Market.

Key Takeaway

Centennial is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Centennial, CO

How much do homes in Centennial, CO cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Centennial have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Centennial was $648,258 in March 2024, up 0.6% from last year, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $250K$287K
2 $409.6K$411.4K
3 $567.5K$551.5K
4 $690K$700K
5+ $808.1K$814.3K

Summary: Centennial housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.8%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Cities

Greenwood Village
Lone Tree
South Aurora

Housing Supply in Centennial, CO

How many homes are available in Centennial, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Centennial real estate market had 547 homes for sale in March 2024, a 19.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 54
2 5968
3 131153
4 159182
5+ 104140

Summary: The Centennial housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 34.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

45 Homes Were Sold
At Asking

90 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Centennial, you could pay more than the asking price. 48.9% of homes here sold above asking price last month.

Summary: A total of 184 homes were sold or pending in Centennial in March 2024, up by 42.6% month-over-month. Of the 184 sold homes, 27% were sold under asking, 24% were sold at asking, and 49% were sold over asking.

Days on Market for Centennial, CO

How long does it take to sell a home in Centennial, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
43 Days24 Days-44.0%

Summary: Homes in Centennial had an average of 24 days on market in Mar 2024, down by 44% compared to last year.

Breakdown of Home Sale Times

139 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Centennial are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 184 homes were sold in Centennial; 76% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Centennial, CO

Nearby Markets to Centennial, CO

What housing markets are near Centennial, CO?