Market Update: Centennial, Colorado
Jeffrey Beattie | Alliance Mortgage Group, Inc.
Call Us at 720-598-0506
The local real estate in Centennial, Colorado has been consistently increasing in cost over the past three years. As your local Centennial mortgage lender, I am always up to date on the recent trends of the area to provide you accurate numbers and assist you on when the best time to buy is
According to Realtor.com, the median listing price in Centennial, Colorado during March 2015 was $350,000, and this price increased 8.5% the following year. By March 2017, the median listing price was $415,000 and the current median price is now listed at $435,000. Comparing the 2015 and 2018 prices, there has been an overall rise in price of 24%. This consistent increase in the residential market could suggest that the population of Centennial is growing and therefore homes are in higher demand.
The price per square foot has followed similar exponential trend as the median listing price. In March 2015, the price per square foot was $136 and jumped to $150 the next year. The square footage price from March 2017 was $161 and the current price is now $175. This 28% increase in square footage price over the last three years suggests that the real estate in Centennial is becoming more valuable too.
When looking for a Centennial mortgage, it is important to be familiar with the residential market and know how much the average home prices are going for and how long homes are typically listed on the market. In March 2015, the median days on the market was 40, and rose to a peak of 58 days by 2016. This time dropped down to 56 days the following year and by March 2018, the median days on the market is listed for 39 days.
If you are looking to buy a home in Centennial, Colorado, now would be a great time to buy before the housing prices continue to rise. To get started on the home purchasing process, contact me, your local mortgage broker in Centennial, at 720-598-0506.
Yes! We would definitely use this team again any time. The entire team was extremely helpful in every aspect an step. Jeff and his team was always available to answer any questions. Checking and double checking our documents and crunching numbers within record times during the actual looking stages of a home to find the right one. This team didn't stop till we signed our closing documents. Loved them!
We couldn't have done it without Jeff, Anne, and Brenda. They stayed on top of everything throughout the whole process. We'd definitely recommend them!
Absolutely loved working with Jeff and Anne. They are so knowledgeable and personable. They are available on evenings and weekends to answer all questions. My realtor was horrible and they pretty much assumed the role of realtor and mortgage broker. I have referred them to friends and will continue to do so. Amazing experience!
Jeff Beattie and the entire Alliance Mortgage Group team were professional and responsive throughout the refi process. Special circumstances required increased attention to detail which they managed competently and built my confidence in their team. They will get my exclusive referral for anyone looking for a business with a professional and personal approach when needing to refinance.
The team at AMG were so helpful and knowledgeable about everything we needed to make sure this refinance went smooth! Jeff and his team were there every step of the way to ensuring all my questions were answered and I was completely comfortable with the process. I wouldn't use anyone else to handle or mortgage needs.
We were purchasing a second home in the mountains and had a couple complications with the seller which turned a routine process into a difficult one. Jeff was there every step of the way with us. He and his team were so helpful and knowledgeable about everything we needed to make sure the deal went through! They also were very easy for our real estate agent to work with as well. They provided the documentation needed quickly and were extremely thorough to make sure we hit our deadlines. Without AMG Lending and their hard work our deal would not have happened. We thank Jeff and his team for going above and beyond. We wouldn't use anyone else to handle or mortgage needs and refer everyone we know looking to buy a home or refinancing.
Jeff and his team were completely amazing! I came in needing funds, and Jeff was able to assist with my difficult situation with apparent ease. I absolutely cannot recommend him and his team enough. They were extremely friendly, kind, and efficient. Thank you!!
My husband and I used Jeff Beattie for our refinance. We have refinanced previously and I have never seen such professional and comprehensive service. He explained the process completely from the start and kept us advised as to each step in a timely manner. Whenever we had questions, he promptly responded and made sure we understood all of the details involved and explained in fully comprehensive and comprehensible manner. The refinance was completed in a reasonable time frame and he was most courteous and knowledgeable. I would not hesitate to recommend Jeff.
What an amazing group of folks. So knowledgeable, professional, awesome customer service, prompt follow up, getting the best in all services, friendly...they were top notch all the way around
Every point of buying our home went so smoothly, without a hitch! Thank you so much for helping us buy our dream home! We would recommend Jeff to anyone!