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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. [Click Here for More] |
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DENVER SALES STATISTICS ~ MONTHLY REPORTS
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April 2008
Metro Denver Prices:
Metro Denver Prices:
Single Family Average Price: (Detached Dwelling) |
  |
Apr 2008 |
$267,259 |
  |   |
Mar 2008 |
$274,693 |
  |   |
Apr 2007 |
$322,510 |
Condo Average Price: (Attached Dwelling) |
  |
Apr 2008 |
$175,245 |
  |   |
Mar 2008 |
$173,493 |
  |   |
Apr 2007 |
$182,549 |
Combined Average Price: |
  |
Apr 2008 |
$247,583 |
  |   |
Mar 2008 |
$254,011 |
  |   |
Apr 2007 |
$293,016 |
Percent of Sales Price Change:
from April 2007 to April 2008 |
  |
Single Family: |
-17.13% |
  |
  |
Condo: |
-4.00% |
  |
  |
Combined |
-15.51% |
Total Combined Number of Homes for Sale: |
  |
Apr 2008 |
26,171 |
  |   |
Mar 2008 |
25,516 |
  |   |
Apr 2007 |
27,858 |
Percent of Change in Available Inventory: (April 2007 vs. April 2008) |
  |   |
-6.06% |
Number of Combined Homes Sold this month |
  |
Apr 2008 |
4,265 |
vs. previous month |
  |
Mar 2008 |
3,709 |
vs. same month last year |
  |
Apr 2007 |
4,399 |
Average days on Market: (Combined Sales) |
| Apr 2008 |
106.42 |
  |   |
Mar 2008 |
110.84 |
  |   |
Apr 2007 |
109.90 |
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)
|
  |
Apr 2008 |
26.59 weeks |
  |   |
Mar 2008 |
29.81 weeks |
  |   |
Apr 2007 |
27.44 weeks |
Median Sold Price:Single Family |
|
Apr 2008 |
$222,550 |
  |   |
Mar 2008 |
$224,900 |
  |   |
Apr 2007 |
$248,000 |
Condo |
  |
Apr 2008 |
$134,500 |
  |   |
Mar 2008 |
$132,000 |
  |   |
Apr 2007 |
$148,900 |
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The Berkshire Group Realtors
3801 E. Florida Ave., Suite 502, Denver, Colorado U.S.A. 80210
303-350-5838 office | 303-350-5839 fax
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