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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
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.
June 2005
Metro Denver Prices:
| Single Family Average Price: |
Jun. 2005 - $310,798 |
| (Detached Dwelling) |
May 2005 - $305,730 |
| |
Jun. 2004 - $293,588 |
| |
|
| Condo Average Price |
June 2005 - $193,588 |
| |
May 2005 - $195,567 |
| |
June 2004 - $176,574 |
| |
|
| Combined Average Price |
June 2005 - $284,874 |
| |
May 2005 - $281,062 |
| |
June 2004 - $268,654 |
|
Percent of Sales Price Change:
(from June 2004 to June 2005)
| Single Family |
+5.79% |
| Condo |
-9.64% |
| Average |
+6.04% |
| Total Combined Number of Homes for Sale |
June 2005 - 25,817 |
| |
May 2005 - 24,945 |
| |
June 2004 - 28,043 |
| |
|
Percent of Change in Available Inventory:
(June 2004 vs June 2005) |
-7.94% |
| |
|
| Number of Combined Homes Sold this Month |
June 2005 - 5,091 |
| vs. the previous month |
May 2005 - 4,631 |
| vs. the same month last year: |
June 2004 - 5,164 |
| |
|
| Average days on Market - June 2005 vs June 2004 |
June 2005 - 83.19 |
| (combined sales) |
May 2005 - 87.27 |
| |
June 2004 - 74.86 |
| |
|
| Absorption Rate: |
June 2005 - 21.97 weeks |
| (number of weeks necessary to sell current |
May 2005 - 23.34 weeks |
| combined inventory at current rate of sales) |
June 2004 - 23.53 weeks |
| Median Sold Price: |
|
Single Family |
| June 2005 - $251,500 |
| May 2005 - $244,00 |
| June 2004 - $243,00 |
| |
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Prepared by
Larry D. McGee, CRS, CRB
The Berkshire Group
From data provided by Metro List, Inc., does not include private or builder sales.
Past Real Estate Reports for Metro Denver
Denver Real Estate Sales Statistics May 2005
Denver Real Estate Sales Statistics April 2005
Denver Real Estate Sales Statistics March 2005
Denver Real Estate Sales Statistics February 2005
Denver Real Estate Sales Statistics January 2005
Denver Real Estate Sales Statistics December 2004
Denver Real Estate Sales Statistics November 2004
Denver Real Estate & Economic News
 Real Estate & Economic News - January 2005
Real Estate & Economic News - February 2005
Real Estate & Economic News - March 2005
Real Estate & Economic News - April 2005
Real Estate & Economic News - May 2005
Real Estate & Economic News - June 2005
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