Question 1

What is the median sold price in South Centennial?

Accepted Answer

The median sold price in South Centennial is $305,000 based on 23 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 South Centennial?

Accepted Answer

The average sold price in South Centennial is $326,143. Note that the average ($326,143) is higher than the median ($305,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in South Centennial?

Accepted Answer

Home prices in South Centennial range from $173,000 to $550,000 based on recent sales data. This $377,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

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

Accepted Answer

On average, homes in South Centennial are selling at 97.7% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in South Centennial?

Accepted Answer

Homes in South Centennial are selling in an average of 105 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in South Centennial?

Accepted Answer

The average price per square foot in South Centennial is $250. 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 $500,000.

Question 7

How much do detached homes cost in South Centennial?

Accepted Answer

Detached homes in South Centennial are selling for an average of $326,143, with 23 sales over the past 2 years.

Question 8

Are home prices rising or falling in South Centennial?

Accepted Answer

Home prices in South Centennial have decreased by 41.4% over the past 2 years. The average sold price moved from $295,000 to $173,000. This downward trend may present buying opportunities for purchasers.

Question 9

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

Accepted Answer

Based on current data, South Centennial is a buyer's market. Homes are selling in 105 days on average and at 97.7% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 10

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

Accepted Answer

In South Centennial, 9% of homes sold above asking price, while 87% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 11

What size homes are selling in South Centennial?

Accepted Answer

Homes selling in South Centennial range from 981 to 2,662 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 South Centennial?

Accepted Answer

South Centennial shows relatively consistent pricing with a standard deviation of $79,324 around the average price of $326,143. 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 South Centennial?

Accepted Answer

Simply search our South 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 South 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 South Centennial?

Accepted Answer

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

South Centennial Homes Sold in the Last 30 Days

South Centennial Sold Data Overview

Recently Sold in South Centennial

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Understanding the South Centennial Market

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2-Year Market Trends: All Property Types

Negotiation & Cost Insights

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