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Town comparisons › Centennial vs Cherry Hills Village

Centennial vs Cherry Hills Village

Centennial and Cherry Hills Village are both in Arapahoe County. There are 231 homes for sale in Centennial and 21 in Cherry Hills Village as this page loaded. Cherry Hills Village is the more expensive of the two: a median asking price of $5,499,000 against $589,000 in Centennial, about 834% higher. Homes are moving faster in Centennial — a median of 52 days on market against 54 in Cherry Hills Village. Centennial is a seller's market right now and Cherry Hills Village is a balanced market.

Side by side

MeasureCentennialCherry Hills Village
Homes for sale23121
New in last 30 days717
Median asking price$589,000$5,499,000
Median price per sq ft$280$697
Median size (sq ft)2,1169,505
Median bedrooms46
Median days on market5254
Months of supply2.03.2
Sold, last 12 months1,41680
Median sold price$650,000$3,800,000
Median days to sell5377
Sold vs asking price99.0%97.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Centennial is a seller's marketUnder three months of supply means the homes for sale would run out in under three months at the current pace of sales. Sellers tend to hold their price and good homes go quickly.
Cherry Hills Village is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Centennial

231
Homes for sale
$589,000
Median asking price
$280
Median per sq ft
52
Median days on market

Cherry Hills Village

21
Homes for sale
$5,499,000
Median asking price
$697
Median per sq ft
54
Median days on market

Look at either town on its own

Questions people ask

Is Centennial or Cherry Hills Village more expensive?

Cherry Hills Village is more expensive. The median asking price is $5,499,000 in Cherry Hills Village against $589,000 in Centennial. By price per square foot, Centennial runs $280 and Cherry Hills Village $697.

Which moves faster, Centennial or Cherry Hills Village?

Homes for sale in Centennial have been on the market a median of 52 days, against 54 days in Cherry Hills Village. Of the homes that actually closed in the last twelve months, Centennial took a median of 53 days and Cherry Hills Village 77.

Is Centennial or Cherry Hills Village the better market for a buyer?

Centennial is a seller's market and Cherry Hills Village is a balanced market, measured on months of supply — 2.0 months in Centennial and 3.2 in Cherry Hills Village. More months of supply means more choice and more room to negotiate, so on that measure Cherry Hills Village is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Centennial and Cherry Hills Village?

There are 231 homes for sale in Centennial and 21 in Cherry Hills Village as this page loaded, 71 and 7 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.