The town of Centennial runs east and west along the southern perimeter of the greater Denver metro area and is intertwined with Englewood and Greenwood Village. Not far away is the well known Denver Technological Center (DTC) heart of the financial district accompanied by the legal and insurance professions to name a few. You’ll find Centennial homes for sale include single family homes, townhomes, and condominiums laced with plenty of shopping nearby at Park Meadows Mall and the Streets at Southglenn. Park Meadows Mall is the largest shopping center at the south end of the Denver metro area and Southglenn was redeveloped featuring new urbanism living and retail. Not far away is the Fiddler’s Green Amphitheatre boasting many musical acts particularly in the summer. Transportation is easy with Light Rail service and RTD taking you anywhere you want to go in Denver and for nearby Centennial homes for sale. When you’re shopping for homes for sale in Centennial CO or in Englewood and Greenwood Village, you’ll want to gather some statistical information which will make you a more informed consumer. To find out the direction of the real estate market for Centennial homes for sale and the surrounding communities follow the stats.
Search Centennial homes for sale
Buying homes for sale in Centennial CO is an ideal location because not only is it conveniently located to DTC it is very accessible to I-25 and within in a reasonable distance to downtown Denver. The map below provides an illustration of the homes for sale in Centennial CO and the neighboring towns of Englewood and Greenwood Village. You’ll want to zoom in on the dots to get a better look at these homes for sale. The median price for these Centennial homes for sale and those in Greenwood Village and Englewood are about $300,000 and above. The median price indicates the mid-point at which most of these homes are priced. The average price though of Centennial homes for sale, Englewood and Greenwood Village included, are often higher than this figure due to the fact this section of town boasts of more higher end homes than other parts of the metro area. Nonetheless, you’ll find starter homes and move-up homes for sale in Centennial CO. The best thing to do is to customize a property search of homes for sale in Centennial CO and surrounding communities using the My Buying Buddy search platform. My Buying Buddy allows you to access in “real time” the most complete and current data of Centennial homes for sale because you’re tapping into the Denver realtor’s MLS (multiple listing service) via a direct feed. The giant search engines can’t do this because they are so large serving the entire country from multiple databases and the data does not always correspond correctly due to the differences in formats. Using My Buying Buddy, you’ll be able to create multiple searches, save properties, track price movements, request information, schedule a showing, and most importantly get notified via email when new listings come on the market meeting your needs.
Pricing trends of Centennial homes for sale
Because many home buyers are drawn to homes for sale in Centennial CO and neighboring Englewood and Greenwood Village, the demand tends to be high and translates into rising home prices. The recent historic sales and price trends graph brings this point home showing the median price rising to $300,000 and above and it’s a sure bet these prices will continue to rise due to the high demand and the low inventory. When shopping for Centennial homes for sale and those in Englewood and Greenwood Village, you’ll want to study the market trends for specific neighborhoods using the Market Snapshot tool.
Sold price vs the asking price of homes for sale in Centennial CO
Often when buyers are shopping for Centennial homes for sale as in other communities, they are not so well informed as to what the charts indicate comparing the original list price to that of the final selling price of properties sold. Look closely and you’ll see buyers are actually paying more for homes for sale in Centennial CO, Englewood, and in Greenwood Village often encountering a bid war with other buyers. This definitely indicates the market favors Sellers. Use the mortgage calculator to find out what you may qualify for and the financing options for Centennial homes for sale.
Centennial homes for sale sell fast
Another key indicator of the pace of homes for sale in Centennial CO is what the number of days on market trend lines show. The median list price is above $300K and homes for sale in Centennial CO and the surrounding cities is about 2 weeks. Certainly the low inventory of Centennial homes for sale, and the high demand are the reasons these properties sell quickly. The employment opportunities in metro Denver are very good and coupled with very low interest rates make home buyers eager to not get left behind. You’ll want to be fully prepared to act quickly when shopping for a home. That can cause some anxiety and to alleviate that you’ll want to download a copy of The Home Buying Process – Keys to Your Success. We pride ourselves on keeping you informed about changing real estate market trends, procedures, laws, etc and we ask you to subscribe to our RSS feed to stay abreast of these changes.
Centennial is a great place to live and work, and offers a diverse lifestyle to suit anyone’s needs. We want to help you with your purchase of Centennial homes for sale and answer your questions. Call us, send us an email, or submit your questions to us via our Housing Help link.