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Denver Sales Statistics

June 2007


Metro Denver Prices:
Metro Denver Prices:
Single Family Average Price: (Detached Dwelling)   June 2007 $334,833
    May 2007 $318,904
   June 2006 $335,111
Condo Average Price: (Attached Dwelling)   June 2007 $186,328
    May 2007 $183,896
    June 2006 $184,566
Combined Average Price:   June 2007 $304,055
    May 2007 $288,905
    June 2006 $303,573
Percent of Sales Price Change: from June 2006 to June 2007   Single Family: -0.08%
    Condo: 0.95%
    Combined 0.16%
Total Combined Number of Homes for Sale:   June 2007 30,256
    May 2007 29,110
    June 2006 31,900
Percent of Change in Available Inventory: (June 2006 vs. June 2007)    -5.15%
Number of Combined Homes Sold this month   June 2007 5,129
vs. previous month   May 2007 5,081
vs. same month last year   June 2006 5,628
Average days on Market: (Combined Sales) June 2007 96.90
   May 2007 102.44
   June 2006 95.66
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)   June 2007 25.56 weeks
   May 2007 24.83 weeks
   June 2006 24.56 weeks
Median Sold Price:Single Family June 2007 $263,000
   May 2007 $251,155
   June 2006 $261,750
Condo   June 2007 $157,950
   May 2007 $155,000
   June 2006 $159,900

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