Denver real estate sale statistics

Denver Real Estate - Denver Realtor - Denver Homes For Sale

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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.
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Denver Sales Statistics

The Berkshire Group, Realtors constantly track the Denver real estate market, keeping track of Denver average home sale prices, the average condo prices, including the percent of sales price changes, number of homes for sale in the market, percent in change in available inventory, average days on market and the absorption rate. Tracking the past is a way to predict trends in the real estate market. For additional information about specific neighborhoods and their growth trends, please call.

March 2006

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)	Mar 2006	$313,339
	Feb 2006	$305,017
	Mar 2005	$292,046
Condo Average Price: (Attached Dwelling)	Mar 2006	$182,727
	Feb 2006	$175,422
	Mar 2005	$184,409
Combined Average Price:	Mar 2006	$284,489
	Feb 2006	$276,746
	Mar 2005	$269,254
Percent of Sales Price Change: from Mar 2005 to Mar 2006	Single Family:	+7.29%
	Condo:	-0.91%
	Combined	+5.66%
Total Combined Number of Homes for Sale:	Mar 2006	27,309
	Feb 2006	25,484
	Mar 2005	23,023
Percent of Change in Available Inventory: (Mar 2005 vs. Mar 2006)		+18.62%
Number of Combined Homes Sold this month	Mar 2006	4,405
vs. previous month	Feb 2006	3,273
vs. same month last year	Mar 2005	3,778
Average days on Market: (Combined Sales)	Mar 2006	104.96
	Feb 2006	109.58
	Mar 2005	99.87
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)	Mar 2006	26.86 weeks
	Feb 2006	33.74 weeks
	Mar 2005	26.41 weeks
Median Sold Price:Single Family	Mar 2006	$247,500
	Feb 2006	$238,500
	Mar 2005	$236,500
Condo	Mar 2006	$159,900
	Feb 2006	$149,440
	Mar 2005	$158,500