FMLS Residential · school

Centennial

Closed sales series. Latest median $585,000 (-7.1% YoY). Balanced on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 164 active · 4 under contract · 29 pending. Total residential listings by status: 197.

Data confidence: High. 560 closings in the last 12 months. Enough closings to read a trend.

Latest median$585,000-7.1% YoY
Months of supply4.3Balanced · 3.5 on 47/mo trailing-12
$/SF$229+9.3% YoY
DOM18+94.4% YoY
Sale/list98.7%52.6% below

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price+48.1%$585,000 vs $395,000 FMLS-wide
$/SF+22.7%$229 vs $187 FMLS-wide
DOM-47%18 days vs 33 FMLS-wide
Sale/list-0.2 pts98.7% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

58
Softening

3-month volume-weighted median $647,500 (+2.4% vs same 3 months last year) on 146 closings. Latest month is $585,000. Confidence: Moderate (146 closings in 3 months).

3-month $/SF is down 2.4% versus the same 3 months last year.

Months of supply32
4.3 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price32
+2.4% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed79
1.61 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)86
0.17 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced59
37% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend90
+86.8% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Balanced

4.3 months of supply on last month’s pace (164 active ÷ 38 closings). 3.5 months on the trailing-12 pace (average 47 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 52.6% of last month’s closings were below list. Days on market are up 94% from a year ago.

Homes for sale near Centennial, GA →

How homes actually closed

Above list10.5%More than 1% over list
At list36.8%Within 1% of list
Below list52.6%More than 1% under list
Price reduced36.8%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.1729 pending ÷ 168 (active + under contract)
New / closed1.6161 listed in 30 days vs 38 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Centennial

High confidence. 560 closings in the last 12 months.

  • Buyers search this school zone. It is the competitive set for your home, more than the city median.
  • Recent closings center around $616,082. About $227 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 4.3 months of supply on last month’s pace. Expect about 19 days if you price correctly. Longer than that usually means the price is high.
  • 52.6% of recent closings were below list. If you are thinking about selling in the next 90 days, look at what is active now, not just what closed. Homes for sale near Centennial, GA →

What this means if you are listing in Centennial

  • Price to the closed median and $/SF here ($585,000, $229), not the FMLS-wide number. This market is above the FMLS footprint by 48.1% on median.
  • With 4.3 months of supply, expect about 18 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 52.6% of recent closings were below list and 36.8% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale near Centennial, GA →

What this means if you are making an offer

  • Well-priced homes still close close to list; your better leverage is on homes that have sat.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 36.8% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 48%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k2613.2%
$300–500k3216.2%
$500–750k7337.1%
$750k–1M4221.3%
$1M+2412.2%

Property types

TypeListedMedian ask
Single Family Residence128$727,000
Townhouse50$499,000
Condominium19$245,000

164 active, 4 under contract, 29 pending. 61 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 202638$585,000$2291898.7%52.6%36.8%
Aug 202659$640,000$2292398.7%56.9%37.3%
Jul 202649$705,000$2112499.0%49.0%36.7%
Jun 202653$650,000$2341399.8%42.3%39.6%
May 202662$612,500$2291099.1%48.4%24.2%
Apr 202654$632,500$23011100.0%39.6%22.2%
Mar 202662$555,250$22710100.0%37.1%25.8%
Feb 202641$580,000$2261998.3%56.1%19.5%
Jan 202625$550,000$2284299.0%52.0%36.0%
Dec 202553$540,000$2313398.1%60.4%37.7%
Nov 202526$648,750$2152198.4%53.8%34.6%
Oct 202538$696,000$2262298.7%57.9%34.2%
Sep 202542$630,000$209998.4%57.1%21.4%
Aug 202554$605,950$2381598.9%50.0%31.5%
Jul 202567$655,000$23216100.0%43.3%29.9%
Jun 202564$605,000$22410100.0%33.3%15.6%
May 202550$602,500$23710100.0%39.6%22.0%
Apr 202544$633,500$2377100.0%38.6%18.2%
Mar 202559$600,000$2299100.0%33.9%18.6%
Feb 202538$596,000$2312798.8%52.6%21.1%
Jan 202530$598,500$2253498.6%63.3%40.0%
Dec 202453$579,000$2222598.3%54.7%30.2%
Nov 202435$520,000$2293398.3%57.1%40.0%
Oct 202449$582,500$23516100.0%40.8%30.6%

Below = closed under 99% of list. Reduced = original list higher than final list.

Homes for sale near Centennial, GA → · ← FMLS report