Centennial CO Home Prices Recovery In 2013

Dated: 01/27/2014

Views: 793

Centennial, CO homeowners living in the 80015 zip code are experiencing a 24% increase in value on an average home price of $250,000 since the financial crisis of 2008. Price per square foot has increased by 16% and over all home sales are up 21% too. 

Home sales and prices are approaching normal levels, but inventory is still well below normal market numbers. Current active listing inventory in 80015 is 63% lower than January 2009.
Houses in Centennial, and south East Aurora, CO are in demand by the buying public.  Mortgage i
nterest rates are hovering around 4.5%. Buyers are still able to purchase more home for their money. With award winning Cherry Creek Schools, Southlands Shopping Mall and close proximity to RTD Light Rail makes 80015 a desirable area. 
Centennial homeowners who have sat on the sidelines can benefit from this recovery. If you bought your home in 2010 or 2011 most likely are in a great position to sell for a profit.  
As with any market, things could change. But for now, it's looking real good!
 
  
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Sheryll White

As a Full Time real estate agent for the past 23 years, Sheryll has helped hundreds of home owners in Colorado buy and sell their homes. Sheryll's easy going, no pressure style and her in depth knowl....

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