Centennial Real Estate - January 2008 - Market Activity Report

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Real Estate Agent with Realty Oasis - Metro Brokers

Centennial, CO - Centennial REAL ESTATE & HOMES SALES NUMBERS FROM January 2008

REAL ESTATE MARKET ACTIVITY REPORT

Centennial, CO is another area seeing an increase in activity in the local real estate market for the New Year.  Proper home pricing is key.  You need to have your home in great shape (get that to-do list taken care of!) and priced right to compete against other Centennial homes in the area.  And competing you are.   Inventory levels for Centennial real estate are just under a 4 month supply - and although that number is good, it is typical for January numbers to be a bit lower as people do not usually list their homes in late December unless they absolutely have to.  Now that we are through January real estate trends tell me we will see an increase in inventory in the weeks to come. 

There is a lot of inventory out there but there are buyers and if you truly want to sell your home, you need to listen to your  Denver REALTOR® and price it right.  They can market it up and down and back and get plenty of traffic in there for you, but if the price isn't right, todays educated home buyers are going to chose another Centennial property that is priced right!        

 

Here are numbers for January 2008 regarding the real estate activity in Centennial, Colorado.

On February 1, 2008, there were 480 homes that were Active Listings - Homes for Sale in Centennial

Of those, 149 were new Centennial real estate listings in January. 

In January 2008, there were 123 homes that were Under Contract

51 homes in Centennial closed in January.

 

*Statistics from MLS deemed accurate but not guaranteed.

*These numbers may not include FSBO and New Construction.

 
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Steve Scheer,RE/MAX Masters, Inc.
Denver Real Estate - Lone Tree Real Estate

 

You can read more about local activities and local real estate on Real Estate in Denver and the Suburbs.

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Steve Scheer, REALTOR®
Denver Realty Partners

385 Inverness Parkway #140
Englewood CO 80112
720-849-6101

If you would like more information on the Denver area or more information on Highlands Ranch homes for sale or any other of the south Denver suburbs, contact Steve at 720-849-6101or read his Denver Real Estate Blog.

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