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Town comparisons › Centennial vs Denver

Centennial vs Denver

Centennial and Denver are both Colorado towns. There are 231 homes for sale in Centennial and 3,912 in Denver as this page loaded. Centennial is the more expensive of the two: a median asking price of $589,000 against $502,450 in Denver, about 17% higher. Homes are moving faster in Centennial — a median of 52 days on market against 58 in Denver. Centennial is a seller's market right now and Denver is a balanced market.

Side by side

MeasureCentennialDenver
Homes for sale2313,912
New in last 30 days711,196
Median asking price$589,000$502,450
Median price per sq ft$280$358
Median size (sq ft)2,1161,425
Median bedrooms43
Median days on market5258
Months of supply2.04.8
Sold, last 12 months1,4169,833
Median sold price$650,000$580,000
Median days to sell5359
Sold vs asking price99.0%99.0%

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.
Denver 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

Denver

3,912
Homes for sale
$502,450
Median asking price
$358
Median per sq ft
58
Median days on market

Look at either town on its own

Questions people ask

Is Centennial or Denver more expensive?

Centennial is more expensive. The median asking price is $589,000 in Centennial against $502,450 in Denver. By price per square foot, Centennial runs $280 and Denver $358.

Which moves faster, Centennial or Denver?

Homes for sale in Centennial have been on the market a median of 52 days, against 58 days in Denver. Of the homes that actually closed in the last twelve months, Centennial took a median of 53 days and Denver 59.

Is Centennial or Denver the better market for a buyer?

Centennial is a seller's market and Denver is a balanced market, measured on months of supply — 2.0 months in Centennial and 4.8 in Denver. More months of supply means more choice and more room to negotiate, so on that measure Denver 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 Denver?

There are 231 homes for sale in Centennial and 3,912 in Denver as this page loaded, 71 and 1,196 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.