February 2008 - Denver real estate sale statistics

Denver Real Estate - Denver Realtor - Denver Homes For Sale

The Berkshire Group, Realtors have a strong commitment to helping you have a smooth transaction whether you are buying or selling Colorado real estate.
[Click Here for More]

Meet the Realtor's at The Berkshire Group, we are all local professionals who specialize in selling Denver real estate.
[Click Here for More]

We at The Berkshire Group keep track of Denver neighborhood statistics. We put them on the map so you can understand the Denver real estate market too.
[Click Here for More]

Denver Real Estate Sale Statistics

February 2008

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)	Feb 2008	$278,871
	Jan 2008	$281,203
	Feb 2007	$292,143
Condo Average Price: (Attached Dwelling)	Feb 2008	$171,817
	Jan 2007	$165,510
	Feb 2007	$169,498
Combined Average Price:	Feb 2008	$255,362
	Jan 2008	$256,569
	Feb 2007	$265,272
Percent of Sales Price Change: from February 2007 to February 2008	Single Family:	-4.54%
	Condo:	+1.37%
	Combined	-3.74%
Total Combined Number of Homes for Sale:	Feb 2008	25,037
	Jan 2008	24,489
	Feb 2007	24,838
Percent of Change in Available Inventory: (February 2007 vs. February 2008)		0.80%
Number of Combined Homes Sold this month	Feb 2008	3,001
vs. previous month	Jan 2008	2,987
vs. same month last year	Feb 2008	3,090
Average days on Market: (Combined Sales)	Feb 2008	113.64
	Jan 2008	113.64
	Feb 2007	125.22
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)	Feb 2008	36.15 weeks
	Jan 2008	35.53 weeks
	Feb 2007	34.83 weeks
Median Sold Price:Single Family	Feb 2008	$221,486
	Jan 2008	$216,950
	Feb 2007	$235,000
Condo	Feb 2008	$133,750
	Jan 2008	$134,000
	Feb 2007	$144,950