July 2005 - 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.

July 2005

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)	July 2005	$318,527
	June 2005	$310,798
	July 2004	$297,088
Condo Average Price: (Attached Dwelling)	July 2005	$184,288
	June2005	$193,588
	July 2004	$178,044
Combined Average Price:	July 2005	$291,498
	June 2005	$284,874
	June 2004	$271,919
Percent of Sales Price Change: from July 2004 to July 2005	Single Family:	+7.22%
	Condo:	+3.51%
	Combined	+7.20%
Total Combined Number of Homes for Sale:	July 2005	26,411
	June 2005	25,817
	July 2004	28,026
Percent of Change in Available Inventory: (July 2004 vs. July 2005)		-5.76%
Number of Combined Homes Sold this month	July 2005	6,203
vs. previous month	June 2005	5,091
vs. same month last year	July 2004	6,229
Average days on Market: (Combined Sales)	July 2005	81.84
	June 2005	83.19
	July 2004A	75.55
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)	July 2005	18.45 weeks
	June 2005	21.97 weeks
	July 2004	19.50 weeks
Median Sold Price:Single Family	July 2005	$252,250
	June 2005	$251,500
	July 2004	$244,800
Condo	July 2005	$164,000
	June 2005	$163,307
	July 2004	$157,367

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