Market Reports & Sales Trends – Centennial, Littleton, Greenwood Village Homes Sales & Real Estate

This part of the south metro area is always a popular area. Just into the south Denver metro area and still close to the DTC and easy access to downtown these neighborhoods are coming alive. Sales times are a bit over 3 months, not too bad. Inventory levels are at just over 5 months, nice and balanced. Gas prices, the economy in general, there are so many reasons why closer in to the city centers are becoming more popular. But for this area, just great lots, nice homes and convenience to so many parks and shopping make this area ideal for Denver home buyers. Keep prices competitive and make sure your home shines. The market is starting to pick up as you can see with Under Contracts and if you continue to listen to your Denver Realtor you too will be at the closing table!

This report includes all areas of the Denver MLS known as SSC – South Suburban Central: parts of Littleton, parts of Centennial, western parts of Greenwood Village and parts of Englewood – May 2008 South Suburban Central – Residential Real Estate -

Single Family Homes Total Active 607
Average Asking Price Price $575,165
New Listings 333 
Listings Back on Market 57 
Sold 114 
Average Price 
Actually Sold $347,004 
% of List Price 97% 
Days on Market 93 
Under Contract 173 
Expired Listings 23 

South Suburban Central – Condos & Town Homes

Total Active 203 
Average Asking Price $196,778 
New Listings 87 
Listings Back on Market 21 
Sold 42 
Average Price actually sold $174,681 
% of List Price 96% 
Days on Market 100 
Under Contract 60 
Expired Listings 13 

*Statistics from MLS deemed accurate but not guaranteed. 
*These numbers may not include homes that are sold by owner (FSBO) and New Construction Read Also: Do You Need A Buyer’s Agent in Colorado? Selling Your Vacant Denver Home

Centennial Real Estate – Aurora Real Estate – Homes Sales Statistics – April 2008

Metro Denver Real Estate sales in this area have held pretty steady in April. Inventory in single family homes is a bit down, yes closed sales are up and pending home sales are as well, just a bit. Overall, this is good. As for condos and townhomes for sale – its much of the same. For sale inventory is a bit down but closed sales are up and pendings are up a bit as well.

Here are the AUS Aurora South numbers for April 2008 – Aurora South and parts of Centennial Aurora South – Residential Real Estate -

Single Family Homes

Total Active 1393 
Average Asking Price $241,945 
New Listings 661 
Listings Back on Market 211 
Sold 302 
Average Price Actually Sold $185,815 
% of List Price 99% 
Days on Market 98 
Under Contract 486 
Expired Listings 89

Aurora South Condos & Town Homes

Total Active 694 
Average Asking Price $134,853 
New Listings 293 
Listings Back on Market 94 
Sold 180 
Average Price actually sold $98,601 
% of List Price 96% 
Days on Market 118 
Under Contract 214 
Expired Listings 53

*Statistics from MLS deemed accurate but not guaranteed. *These numbers may not include homes that are sold by owner (FSBO) and New Construction

Centennial Real Estate – Aurora Real Estate – Homes Sales Statistics – March 2008

Spring has sprung in the Denver real estate market and there are buyers out there but it is taking a little bit longer in the Centennial and Aurora real estate markets that are marked by the Denver MLS at "Aurora South – AUS" Average days on market for this part of Centennial (the east side of Centennial) and Aurora is 105 days- while not as great as other parts of the Denver metro area – still not completely terrible. Bottom line, homes are selling and there are buyers.

Price it properly, listen to the advice of your Denver REALTOR® and you could get it sold faster than your selling competition.

Here are the AUS Aurora South numbers for March 2008 – Aurora South and parts of Centennial Aurora South –

Residential Real Estate – Single Family Homes

Total Active 1437 
Average Asking Price $236,462 
New Listings 660 
Listings Back on Market 215 
Sold 275 
Average Price Actually Sold $187,424 
% of List Price 98% 
Days on Market 105 
Under Contract 478 
Expired Listings 81

Aurora South Condos & Town Homes

Total Active 706 
Average Asking Price $135,596 
New Listings 261 
Listings Back on Market 79 
Sold 124 
Average Price actually sold $92,237 
% of List Price 95% 
Days on Market 134 
Under Contract 210 
Expired Listings 63

*Statistics from MLS deemed accurate but not guaranteed. *These numbers may not include homes that are sold by owner (FSBO) and New Construction

Centennial, Littleton, Greenwood Village Homes Sales – March 2008

Homes sales across the Denver metro area have been a bit slow, but they could be worse. There are areas of the Denver real estate market that are doing better than others all over the place – and this area is no exception. While lowered interest rates may have helped some that were tinkering with a moving decision, I don’t think as a whole it had that much influence on homes sales overall in this part of Denver. One thing that does strike me across the board is that the homes in the lower price ranges do continue to move a bit faster than the rest and I think we will see this trend continue.

The name of the game continues to be price and condition. But I don’t want to be a complete broken record. So I will add these thoughts – once you list – accept every single showing you possibly can. I am always amazed when a seller continually refuses showings. Of course there are times you must, but overall it should be the exception – not the rule. You will see below that the average Days on Market for this area is 96 – just over 3 months. Which really is not that bad at all. The spring buyers are out there – get your home on the market and let’s sell it!

This report includes all areas of the Denver MLS known as SSC – South Suburban Central: parts of Littleton, parts of Centennial, western parts of Greenwood Village and parts of Englewood – March 2008

South Suburban Central – Residential Real Estate – Single Family Homes

Total Active 562 
Average Asking Price $572,322 
New Listings 290 
Listings Back on Market 65 
Sold 103 
Average Price Actually Sold $306,523 
% of List Price 97% 
Days on Market 96 
Under Contract 152 
Expired Listings 30 

South Suburban Central – Condos & Town Homes

Total Active 238 
Average Asking Price $207,435 
New Listings 102 
Listings Back on Market 21 
Sold 28 
Average Price actually sold $161,866 
% of List Price 99% 
Days on Market 117 
Under Contract 53 
Expired Listings 13

*Statistics from MLS deemed accurate but not guaranteed. *These numbers may not include homes that are sold by owner (FSBO) and New Construction