Inventory of Homes For Sale at an All Time Low in Centennial CO
The number of ACTIVE single family homes for sale in Centennial Colorado is at an all time low of only 65 homes. These homes range in price from $265,000 up to $1,499,000. These numbers do not reflect condos or townhomes in Centennial CO.
As you can see from this historical chart, listings are extremely scarce.
Interest rates are still incredibly low with government loans in the 3’s and conventional loans in the 4’s. FHA has reduced the monthly mortgage insurance making their loan more affordable. Rents continue to rise at a very rapid pace. Buyers are in their cars looking for homes in Centennial CO, but the selection is dismally low.
Many sellers wait until spring to list their homes in Centennial but the competition is much higher then. As you can see, there is very little competition NOW.
If you have been thinking about selling your Centennial CO home, let’s talk. This may be the perfect time to take advantage of favorable buyer market conditions and little or no competition from other sellers. Wouldn’t you like to know how it feels to have multiple offers in your hand?
The time to list in Centennial Colorado is NOW!
Comments (2)Subscribe to CommentsComment