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Centennial Is Building Its Future — And Smart Sellers Need to Understand What That Means for Their Home's Value Right Now
There's a lot happening right under the surface in Centennial, and if you're thinking about selling your home here, this is worth paying attention to.
The City of Centennial has officially approved the Midtown Centennial Sub-Area Vision Plan — a long-range blueprint for transforming roughly 800 acres of aging office parks along the I-25 corridor into a vibrant, mixed-use district with housing, retail, parks, and transit access anchored by the Dry Creek light rail station. This isn't a distant idea. Rezoning applications are already moving through approval. The Planning and Zoning Commission recently backed rezoning a 9-acre former office site near East Dry Creek Road to Employment Center Mixed Use — the first application under the new Midtown guidance. Separately, Centennial city officials approved a 368-unit multifamily residential development on the former Centura Health office campus near Topgolf. And in 2025, the city approved 114 single-family attached townhomes at 8170 South University Boulevard.
On the market side, Redfin data shows Centennial home prices up 9.0% year-over-year, with a median sale price of $666K as of early 2026. Homes are selling in roughly 43 days on average — though well-priced, move-in-ready homes are going pending in as few as 7 days.
Here's what I want sellers to understand from a grounded, practical standpoint: Centennial is in a transition. The city is actively reshaping its identity — from a suburban office corridor to a connected, livable, mixed-use community. That's a positive long-term story. But in the near term, sellers in certain price points and zip codes are operating in a market where strategic pricing and home presentation matter more than ever. The Colorado Association of REALTORS® noted that the Greenwood Village/Centennial 80111 ZIP saw meaningful price softening in late 2025, and the broader Aurora/Centennial corridor was averaging 50 days on market with sellers offering concessions. That means the homes that stand out — well-maintained, well-staged, and well-priced from Day One — are separating from the pack.
This is exactly the kind of market where seller representation isn't just a formality. It's the difference between leaving money on the table and walking away with what your home is actually worth.
I spent years in healthcare and commercial real estate before returning to residential. I've sat with families navigating major transitions — and I know that when you decide to sell, you need someone who reads the full picture, not just the headline number.
If you're thinking about selling in Centennial, Greenwood Village, or the Denver Tech Center area, let's have a real conversation about what your specific home is worth in this specific market — and how to position it for the best outcome.
📍 Sources: City of Centennial — Midtown Sub-Area Vision Plan (Dec. 2025) — https://www.centennialco.gov/files/sharedassets/public/v/1/documents/city-projects-and-initiatives/midtown-centennial-sub-area-vision-plan-ada.pdf
📍 Sources: Citizen Portal — Planning Commission Rezoning (Midtown EC Mixed Use) — https://citizenportal.ai/articles/6393131/Centennial/Arapahoe-County/Colorado/Planning-Commission-backs-rezoning-of-former-Arrow-building-to-Employment-Center-Mixed-Use-75
📍 Sources: City of Centennial — Resolution 2025-R-22 (114 Townhomes, S. University Blvd) — https://www.centennialco.gov/files/sharedassets/public/v/1/documents/city-clerk/public-hearings/resolution-no.-2025-r-22.pdf
📍 Sources: BLDUP — 368-Unit Multifamily Approval, Former Centura Site — https://www.bldup.com/posts/centennial-approves-368-unit-multifamily-project-at-site-of-former-centura-offices
📍 Sources: Redfin — Centennial Housing Market Data — https://www.redfin.com/city/3327/CO/Centennial/housing-market
📍 Sources: Colorado Association of REALTORS® — Market Trends Report — https://coloradorealtors.com/2025/11/12/colorado-housing-market-finds-its-footing-as-2025-winds-down/
📍 Sources: CBS Colorado — Midtown Centennial I-25 Corridor Reimagining — https://www.cbsnews.com/colorado/news/colorado-city-800-acres-land-i-25-corridor/
If you've owned your home in Centennial for 10+ years, are you watching the Midtown buildout and wondering whether now — before the next wave of new construction hits — is actually your best window to sell?
— Kevin Lundy | The HomeBridge Group at eXp Realty