Question 1

What is the median sold price in Old Centennial?

Accepted Answer

The median sold price in Old Centennial is $275,000 based on 12 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Old Centennial?

Accepted Answer

The average sold price in Old Centennial is $283,700. Note that the average ($283,700) is higher than the median ($275,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Old Centennial?

Accepted Answer

Home prices in Old Centennial range from $163,000 to $400,000 based on recent sales data. This $237,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Old Centennial selling above or below asking price?

Accepted Answer

On average, homes in Old Centennial are selling at 98.2% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Old Centennial?

Accepted Answer

Homes in Old Centennial are selling in an average of 12 days. This indicates a hot seller's market where homes sell very quickly. Well-priced homes often receive offers within the first week of listing.

Question 6

What is the price per square foot in Old Centennial?

Accepted Answer

The average price per square foot in Old Centennial is $271. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $542,000.

Question 7

How much do detached homes cost in Old Centennial?

Accepted Answer

Detached homes in Old Centennial are selling for an average of $283,700, with 12 sales over the past 2 years.

Question 8

Are home prices rising or falling in Old Centennial?

Accepted Answer

Home prices in Old Centennial have decreased by 7.0% over the past 2 years. The average sold price moved from $293,000 to $272,450. This downward trend may present buying opportunities for purchasers.

Question 9

Is Old Centennial a buyer's or seller's market?

Accepted Answer

Based on current data, Old Centennial is a slight seller's market. Homes are selling in 12 days on average and at 98.2% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 10

What percentage of homes sell above asking price in Old Centennial?

Accepted Answer

In Old Centennial, 17% of homes sold above asking price, while 67% sold below asking. A moderate number of homes attract multiple offers.

Question 11

What size homes are selling in Old Centennial?

Accepted Answer

Homes selling in Old Centennial range from 832 to 1,305 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 12

How much do home prices vary in Old Centennial?

Accepted Answer

Old Centennial shows relatively consistent pricing with a standard deviation of $56,089 around the average price of $283,700. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 13

How do I find out how much a house sold for in Old Centennial?

Accepted Answer

Simply search our Old Centennial sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 14

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Old Centennial will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 15

Do you show all MLS® sold listings for Old Centennial?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Old Centennial. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Old Centennial Sold Prices & Sale History

Old Centennial Sold Data Overview

Recently Sold in Old Centennial

Old Centennial Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

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