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Market Update for Chenango and Chapparal - Centennial, CO

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

 

Chapparal and Chenango are two communities that feature homes on acreage where you can have some room to roam!   You will find one to three-acre parcels with homes built from 1978 to 2008 and you will find ranches, two stories, and a few tri-level homes ranging from 2,040 square feet to 10,440 total finished square feet.   Most homes have finished basements, and many have done extensive remodeling.  You will find quite a few outbuildings to include additional car storage with as many as 9 spaces for vehicles or toys.

School-aged children will attend highly acclaimed Cherry Creek Schools.   Finding acreage this close in is rare, as this location is within minutes to Aurora and Parker, many retail shops and dining nearby, Cherry Creek Reservoir, and has easy access to Parker Road, E-470, and I-225.   Parker Adventist Hospital is within 10-15 minutes.  

 

In Chenango, you will find many homes with wells and septic, but Chapparal has public water and septic systems.   This community has rolling hills, and some homes have stellar mountain views and beautiful landscaping.

 

How does the current market look?

Chenango & Chapparal SOLD property for August 2023 - 

Homes sold - 2 homes sold priced at $1,150,000 & $1,363,500

Days in MLS - 14 average days 

List Price to Sold Price - Sellers saw 96.31% to list price

These homes were built in 1961 & 1994 

Although these sold properties were not on the market long, the list prices were reduced.   Currently there are 3 active listings  and no pending listings.

 

Homes for sale in Chenango & Chapparal

 

Here are the stats for all of 2022 - 

Homes sold - 15 homes ranging from $1,000,000 to $2,750,000

Days in MLS - 21 average days 

List Price to Sold Price - 100%

 

 

If you have been looking for a home on acreage, give me a call!  

720-231-6373

 

Posted by

Joan Cox
Broker/Owner, REALTOR®
House to Home, Inc.

Serving the Denver Metro area including all suburbs


Helping Buyers and Sellers achieve their real estate dreams, one house at a time!

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Comments(6)

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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Good morning, Joan... historically, a 3-4% discount to original list price was considered "normal" here in Charlotte. So I don't find these numbers "disturbing."

Sep 09, 2023 06:56 AM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Sep 09, 2023 11:32 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, that is happening here too in the luxury sector.

Sep 09, 2023 11:38 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks Roy.

Sep 09, 2023 11:38 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for the market update on Chenango and Chapparal-Centennial - There are so many wonderful communities around Denver 

Sep 11, 2023 05:52 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Yes there are Lise!

Sep 11, 2023 07:10 AM