Denver real estate sale statistics

Denver Real Estate - Denver Realtor - Denver Homes For Sale

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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.

May 2006

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)	May 2006	$315,257
	Apr 2006	$318,949
	May 2005	$305,730
Condo Average Price: (Attached Dwelling)	May 2006	$189,986
	Apr 2006	$188,146
	May 2005	$195,567
Combined Average Price:	May 2006	$287,327
	Apr 2006	$288,621
	May 2005	$281,062
Percent of Sales Price Change: from May 2005 to May 2006	Single Family:	+3.12%
	Condo:	-2.85%
	Combined	+2.23%
Total Combined Number of Homes for Sale:	May 2006	30,457
	Apr 2006	29,045
	May 2005	24,945
Percent of Change in Available Inventory: (May 2005 vs. May 2006)		+22.10%
Number of Combined Homes Sold this month	May 2006	5,010
vs. previous month	Apr 2006	4,300
vs. same month last year	May 2005	4,631
Average days on Market: (Combined Sales)	May 2006	96.58
	Apr 2006	102.78
	May 2005	82.27
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)	May 2006	26.34 weeks
	Apr 2006	29.27 weeks
	May 2005	23.34 weeks
Median Sold Price:Single Family	May 2006	$250,943
	Apr 2006	$250,000
	May 2005	$244,000
Condo	May 2006	$160,000
	Apr 2006	$157,400
	May 2005	$159,500