The Berkshire Group, Realtors have a strong commitment to helping you have a smooth transaction whether you are buying or selling Colorado real estate.
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Meet the Realtor's at The Berkshire Group, we are all local professionals who specialize in selling Denver real estate.
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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
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May 2007
Metro Denver Prices:
Metro Denver Prices:
Single Family Average Price: (Detached Dwelling) |
|
May 2007 |
$318,904 |
| |
Apr 2007 |
$322,510 |
| |
May 2006 |
$315,257 |
Condo Average Price: (Attached Dwelling) |
|
May 2007 |
$183,896 |
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Apr 2007 |
$182,549 |
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May 2006 |
$189,986 |
Combined Average Price: |
|
May 2007 |
$288,905 |
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Apr 2007 |
$293,016 |
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May 2006 |
$287,327 |
Percent of Sales Price Change:
from May 2006 to May 2007 |
|
Single Family: |
1.16% |
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|
Condo: |
-3.21% |
|
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Combined |
0.55% |
Total Combined Number of Homes for Sale: |
|
May 2007 |
29,110 |
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Apr 2007 |
27,858 |
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May 2006 |
30,457 |
Percent of Change in Available Inventory: (May 2006 vs. May 2007) |
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-4.42% |
Number of Combined Homes Sold this month |
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May 2007 |
5,081 |
vs. previous month |
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Apr 2007 |
4,399 |
vs. same month last year |
|
May 2006 |
5,010 |
Average days on Market: (Combined Sales) |
| May 2007 |
102.44 |
| |
Apr 2007 |
109.90 |
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May 2006 |
96.58 |
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)
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|
May 2007 |
24.83 weeks |
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Apr 2007 |
27.44 weeks |
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May 2006 |
26.34 weeks |
Median Sold Price:Single Family |
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May 2007 |
$251,155 |
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Apr 2007 |
$248,000 |
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May 2006 |
$250,943 |
Condo |
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May 2007 |
$155,000 |
| |
Apr 2007 |
$148,900 |
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May 2006 |
$160,000 |
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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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