MIKE LIND

Category: 2025 Real Estate Market Update

  • Houses That Sold in Centennial: January 2025

    Centennial Market Check-In – Straight to the Point

    January saw 8 homes sold in Centennial. Sellers didn’t need to adjust—homes were listed at $1,128,925 on average and ended up selling for more: $1,200,875.

    It took just 13 days to get a deal done.

    With 13 homes currently on the market, that puts inventory at 1.6 months—a clear seller’s market. The absorption rate is 62%, meaning homes are moving fast.

    What does this mean? Sellers are in control. Well-priced homes aren’t sitting around. If you’re buying, be ready to act.

  • Houses That Sold in West Rouge: January 2025

    West Rouge Market Update – No Fluff, Just Facts

    Three homes sold in West Rouge last month. They were originally listed at an average of $1,066,333 but adjusted down to $1,049,333. The final selling price? $1,050,000—slightly above the revised asking price.

    It took 13 days on average to sell.

    Right now, 9 homes are for sale. That gives us 3 months of inventory—right on the edge between a balanced and seller’s market. The absorption rate is 33%, meaning homes are moving but not flying off the shelf.

    Bottom line: Buyers have some options, but good homes still sell. If you’re pricing right, you’re selling. If you’re overpricing, you’re adjusting. Simple.