Madelyn and Seth D. Erdman purchase 4560 E Lake Circle S., Centennial, appraised at $589,000

The home at 4560 E Lake Circle S., Centennial, was sold on June 3 by Dorothy A. and S. Richard Dill for $589,000.

Madelyn and Seth D. Erdman were listed as the buyers.

Property taxes on the home totaled $3,738 in 2024, or 0.6% of the sale price.

This property is one of 61 sales in Centennial, Arapahoe County, between May 3 and June 3.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.