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Denver Real Estate Sale Statistics
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February 2005
Metro Denver Prices:
| Single Family Average Price: |
Feb. 2005 - $291,036 |
| (Detached Dwelling) |
Jan. 2005 - $291,001 |
| |
Feb. 2004 - $277,784 |
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| Condo Average Price |
Feb. 2005 - $186,418 |
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Jan. 2005 - $184,215 |
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Feb. 2004 - $173,191 |
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| Combined Average Price |
Feb. 2005 - $267,771 |
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Jan. 2005 - $266,794 |
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Feb. 2004 - $253,335 |
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Percent of Sales Price Change:
(from Feb. 2004 to Feb. 2005)
| Single Family |
+4.77% |
| Condo |
+7.64% |
| Average |
+5.70% |
| Total Combined Number of Homes for Sale |
Feb. 2005 - 22,730 |
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Jan. 2005 - 20,917 |
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Feb. 2004 - 23,212 |
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Percent of Change in Available Inventory:
(Feb. 2004 vs Feb. 2005) |
-6.38% |
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|
| Number of Combined Homes Sold this Month |
Feb. 2005 - 2,779 |
| vs. the previous month |
Jan. 2005 - 2,713 |
| vs. the same month last year: |
Feb. 2004 - 2,678 |
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| Average days on Market - Feb. 2005 vs Feb. 2004 |
Feb. 2005 - 106.00 |
| (combined sales) |
Jan. 2005 - 98.53 |
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Feb. 2004 - 96.04 |
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| Absorption Rate: |
Feb. 2005 - 33.88 weeks |
| (number of weeks necessary to sell current |
Jan. 2005 - 33.41 weeks |
| combined inventory at current rate of sales) |
Feb. 2004 - 37.56 weeks |
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Prepared by
Larry D. McGee, CRS, CRB
The Berkshire Group
From data provided by Metro List, Inc., does not include private or builder sales.
Past Real Estate Reports for Metro Denver
Denver Real Estate Sales Statistics January 2005
Denver Real Estate Sales Statistics December 2004
Denver Real Estate Sales Statistics November 2004
Denver Real Estate & Economic News
 Real Estate & Economic News - January 2005
Real Estate & Economic News - February 2005
Real Estate & Economic News - March 2005
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