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Denver Real Estate from Judith Clausen
   Judith Clausen
   Broker/Owner

   303.587.3509 Direct

   Email Judith

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.

Centennial Real Estate Prices for January 2008
(data from August 1, 2007 to January 31, 2008)

567 detached single family homes were sold with a median list price of $275,000. On average homes took 90 days to sell and sold for a median price of $268,000. Median price is a better measure of sold price than average, which is skewed by a few high-priced homes at the top end and low-priced homes at the bottom. Lowest sold price for detached single family homes was $96,000; highest sold price was $1,208,500. For condos and townhomes (attached family homes) the lowest sold price was $39,000 while the highest was $5,478,889. The median sold price was $188,250, and the average was $185,552.

The ratio of sold to list price was 97.50% for detached homes. The ratio of sold to original price was 93.12%, which means that sellers are still listing homes at too high a price The net sold (after seller concessions such as down payment or closing cost assistance, and the like) to original list price was 92.44%. To simplify, if a seller originally listed their home at $250,000, they realized $231,100 from the sale.

By the time the seller finally reached a marketable price after having listing it too high, the sold to list ratio improved to 97.50%, and the net sold to list price was 96.78%.

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

Centennial, Colorado Weather


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