Centennial, Colorado Real Estate and Relocation Information

Centennial is one of the Denver metro area’s newest and largest suburbs with a population of over 100,000. 17 miles southeast of downtown Denver, Centennial originally was considered a part of Aurora, though not formally, up until 2001. Centennial was created because neighboring Greenwood Village tried to annex the unincorporated section of Arapahoe County. But the citizens objected, and Centennial is the result. Centennial citizens believe in direct participation in government and privatization of government services.

It has received a Safest Cities Award, being the 25th safest city in the country according to Morgan Quitno Press which hands out the awards annually. Centennial is policed in an arrangement with the Arapahoe County Sheriff’s Department.

Centennial is home to one of the largest airports in the metro area, second only to Denver International Airport. With a fleet of corporate jets, Centennial Airport is the third largest non-commercial airport in the country.

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Centennial, Colorado Real Estate Prices

Centennial homes in the area range from $200,000 to as much as $1,200,000.

• Most Centennial homes with 3 bedrooms, 2 baths, a finished basement and a 2 car garage sell in the $200,000-350,000 range. Homes with 4 bedrooms and 3 baths sell in the $300,000 to $650,000 range.
• Centennial condos and townhomes with 2 bedrooms, 2 baths and a garage sell from about $180,000 to as much as $550,000 for a cluster home.

July 2008 Market Statistics

In metro Denver closed sales in July were 5,123 compared with 4,980 in July 2007, a 2.9% gain. The average selling price for the period was $262,224 compared to an average in July 2007 of $289,294, a percentage drop of 9.4. The median sale price for single-family homes was $229,200 compared with $255,000 in July 2007, for a drop of 10.1%. 969 condos and townhomes sold in July 2008, compared with 1,081 for the same period in 2007, a drop of 10.4%. Median prices for condos in July 2008 were $149,000 compared with $158,000 in July 2008, a drop of 5.7%. For single family houses, condos and townhomes the average number of days a house was on the market in July 2008 was 98, and in July 2007 was 95. The list to sale ratio was 97% in 2008 versus 98% in 2007. 25,673 houses are currently on the market and interest rates are still low. It’s a great time to buy in the Denver real estate market, but if you’re a seller you may want to wait till conditions improve.

Check out the current Market Conditions Report for further analysis.

Centennial, Colorado Recreation

Along with Greenwood Village and Aurora, Centennial is close to Cherry Creek State Park, a recreational facility that includes an 880-acre reservoir for swimming, boating, fishing and camping, and many nature trails.

Centennial Shopping and Dining

• Southglenn Mall lies within the town’s extended borders. Currently being redeveloped into Streets at Southglenn, a mixed use New Urban design, residential, shopping, dining megacenter designed to open in the fall of 2008, the shopping center currently hosts Dillard’s, Sears and Macy’s.
• Park Meadows Mall in nearby Littleton offers many fine stores and restaurants.
• Greenwood Village is another place to find the area’s best restaurants.

Centennial, Colorado Zip Codes

• 80015
• 80016
• 80111
• 80112
• 80121
• 80122

Centennial, Colorado Hospitals and Medical Centers

• Parker Adventist Hospital, Parker
• Skyridge Medical Center, Lone Tree
• Medical Center of Aurora

Centennial, Colorado Weather

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