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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.
August 2006
Metro Denver Prices:
Metro Denver Prices:
Single Family Average Price: (Detached Dwelling) |
|
Aug 2006 |
$320,092 |
| |
July 2006 |
$328,721 |
| |
Aug 2005 |
$313,308 |
Condo Average Price: (Attached Dwelling) |
|
Aug 2006 |
$196,659 |
| |
July 2006 |
$194,705 |
| |
Aug 2005 |
$198,614 |
Combined Average Price: |
|
Aug 2006 |
$292,973 |
| |
July 2006 |
$299,680 |
| |
Aug 2005 |
$288,121 |
Percent of Sales Price Change:
from August 2005 to August 2006 |
|
Single Family: |
+2.17% |
|
|
Condo: |
-0.98% |
|
|
Combined |
+1.68% |
Total Combined Number of Homes for Sale: |
|
Aug 2006 |
31,664 |
| |
July 2006 |
31,989 |
| |
Aug 2005 |
26,650 |
Percent of Change in Available Inventory: (August 2005 vs. August 2006) |
| |
+18.81% |
Number of Combined Homes Sold this month |
|
Aug 2006 |
5,025 |
vs. previous month |
|
July 2006 |
4,850 |
vs. same month last year |
|
Aug 2005 |
5,091 |
Average days on Market: (Combined Sales) |
| Aug 2006 |
98.37 |
| |
July 2006 |
94.98 |
| |
Aug 2005 |
84.00 |
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)
|
|
Aug 2006 |
27.31 weeks |
| |
July 2006 |
28.58 weeks |
| |
Aug 2005 |
22.68 weeks |
Median Sold Price:Single Family |
|
Aug 2006 |
$252,900 |
| |
July 2006 |
$259,500 |
| |
Aug 2005 |
$255,000 |
Condo |
|
Aug 2006 |
$160,000 |
| |
July 2006 |
$163,000 |
| |
Aug 2005 |
$162,499 |
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 August 2005
Denver Real Estate Sales Statistics July 2005
Denver Real Estate Sales Statistics June 2005
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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