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Centennial Homes For Sale

Centennial Real Estate Market

The Centennial housing market remains highly competitive. On average, homes in Centennial receive two offers and sell within approximately 30 days. Last month, the median sale price of a home in Centennial was $628,000, reflecting a 3.8% decrease compared to the previous year. Meanwhile, the median sale price per square foot rose by 1.2%, reaching $251.

$627,500

Median Sale Price

$251

Median Sale Price per Sq. Ft.

127

Total Homes Sold

30

Median Days on Market

Centennial, CO Real Estate FAQs

For detailed, up-to-date information on buying a house in Centennial, including legal considerations and market trends, you can talk to us.

Centennial offers several family-friendly neighborhoods, each with its unique appeal. Cherry Knolls is a popular choice, known for its spacious homes, tree-lined streets, and proximity to excellent schools. Willow Creek is another family favorite, featuring a strong sense of community, walking trails, and easy access to parks. Southglenn also stands out, with its vibrant mix of shopping, dining, and recreational facilities, as well as highly-rated schools nearby. When considering a neighborhood, assess proximity to amenities like schools, parks, and healthcare to ensure it aligns with your family’s needs.

The home-buying process in Centennial typically starts with securing mortgage pre-approval to establish your budget. Once pre-approved, work with a local real estate agent to identify properties that fit your needs. Given the competitive nature of Centennial's market, it’s essential to act quickly when you find a home you love. Offers often include contingencies, such as inspections or financing approval, although some buyers waive these to make their bids more attractive. After the seller accepts your offer, you’ll go through inspections, appraisals, and closing. Closing typically takes 30-45 days, so planning and flexibility are key.

Centennial is a haven for outdoor enthusiasts. Homes in the area are often close to parks, trails, and open spaces. Cherry Creek State Park is a local gem, offering miles of hiking and biking trails, a reservoir for water sports, and picnic areas. Centennial Center Park, a family-friendly destination, features interactive play areas and hosts community events throughout the year. The High Line Canal Trail is perfect for walkers, runners, and cyclists, connecting residents to nature and nearby communities. Many neighborhoods have direct access to these recreational areas, making outdoor activities a seamless part of daily life.

Improving curb appeal, making necessary repairs, updating kitchens and bathrooms, and ensuring your home is well-maintained can significantly increase its value. Staging your home to highlight its best features can also make a big difference in how quickly it sells and the price it fetches.

Preparing your home for sale in Centennial involves a mix of cleaning, repairs, and strategic staging. Start by decluttering and deep cleaning to make your space look well-maintained. Address minor repairs like chipped paint or leaky faucets, as these can deter buyers. Staging your home with neutral decor and maximizing natural light can help it appeal to a broader audience. Consider enhancing curb appeal with landscaping or fresh exterior paint. Finally, consult a real estate agent familiar with Centennial’s market to price your home competitively and market it effectively.

While Centennial’s real estate market is generally active year-round, spring and early summer are typically the best times to sell. Warmer weather and longer daylight hours encourage more buyers to tour homes, and families often aim to move during the summer break to minimize disruptions to school schedules. That said, Centennial's competitive market can yield strong results even in the fall or winter, especially if inventory is low. Consult with a local real estate agent to assess your specific circumstances and market conditions.

When selling a home in Centennial, you’ll typically encounter several closing costs. These often include real estate agent commissions, which are usually 5-6% of the sale price and are split between the buyer’s and seller’s agents. Additional costs include title insurance, prorated property taxes, and transfer fees. You may also need to budget for repairs requested by the buyer or pay a portion of the closing costs as part of negotiations. Working with an experienced agent can help you understand and plan for these expenses, ensuring a smooth transaction.

Ready to Explore Centennial, CO?

Whether you're dipping your toes into the market for the first time, searching for your dream home, or considering selling your property, Lisa is here to illuminate the path forward. With expert insights into the competitive Centennial market and a passion for making your real estate dreams come true, Lisa is your go-to resource for all your property needs.

More Properties Around Centennial, CO

Sold Luxury Homes in Cherry Hills

Here are some sold homes and properties in Cherry Hills, CO.

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Listed by LIVE WATER PROPERTIES

$19,950,000

5 bd 5 ba 3,656 Sq.Ft. Sold
5798 Sweetwater Road, Gypsum, CO 81637
MLS®: 7437039
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Listed by KENTWOOD REAL ESTATE DTC, LLC

$15,000,000

8 bd 14 ba 23,193 Sq.Ft. Sold
20 Cherry Hills Drive, Cherry Hills Village, CO 80113
MLS®: 5837781
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Listed by C3 Real Estate Solutions, LLC

$16,000,000

3 bd 4 ba 8,734 Sq.Ft. Sold
9800 W US Highway 34, Loveland, CO 80537
MLS®: IR973703
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Listed by Broken Horn Land Co.

$13,200,000

31350 County Road 91, Kiowa, CO 80117
MLS®: 4893415
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Listed by Compass - Denver

$15,750,000

5 bd 7 ba 10,535 Sq.Ft. Sold
5 Cherry Hills Park Drive, Cherry Hills Village, CO 80113
MLS®: 6118745
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Listed by ADVANTAGE MANAGEMENT & R E

$10,500,000

13,122 Sq.Ft. Sold
6350 Federal Boulevard, Denver, CO 80221
MLS®: 2338136
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Listed by Engel & Volkers Denver

$14,850,000

7 bd 8 ba 8,220 Sq.Ft. Sold
104 Penn Lode Drive, Breckenridge, CO 80424
MLS®: 6430833
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Listed by The Group Inc - Harmony

$15,100,000

23,512 Sq.Ft. Sold
3501 Fall River Road, Estes Park, CO 80517
MLS®: 2241875
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Listed by The Agency - Boulder

$14,500,000

5 bd 6 ba 7,246 Sq.Ft. Sold
1505 Sunset Boulevard, Boulder, CO 80304
MLS®: IR1020665
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Listed by Compass - Denver

$14,705,000

9 bd 10 ba 16,829 Sq.Ft. Sold
1334 S Grapevine Road, Golden, CO 80401
MLS®: 2850513
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Listed by Nest Seekers Colorado LLC

$12,000,000

7 bd 8 ba 6,221 Sq.Ft. Sold
72 Snowy Ridge Road, Breckenridge, CO 80424
MLS®: 7518721
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Listed by LIV Sotheby's International Realty

$13,100,000

4 bd 5 ba 3,413 Sq.Ft. Sold
675 Lionshead Place Unit: 282, Vail, CO 81657
MLS®: 6778638
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Centennial, CO Guide

Dive into our neighborhood guide to uncover the hidden gems, local favorites, and essential insights about Centennial's vibrant communities. From serene parks and recreation to bustling shopping districts and top-rated schools, our guide covers everything you need to know to navigate and appreciate the rich tapestry of life in Centennial.

The Real Estate Digest

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