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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August 2007
Metro Denver Prices:
Metro Denver Prices:
Single Family Average Price: (Detached Dwelling) |
|
Aug 2007 |
$329,783 |
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Jul 2007 |
$316,024 |
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Aug 2006 |
$320,092 |
Condo Average Price: (Attached Dwelling) |
|
Aug 2007 |
$182,741 |
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Jul 2007 |
$192,885 |
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Aug 2006 |
$196,659 |
Combined Average Price: |
|
Aug 2007 |
$298,466 |
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Jul 2007 |
$289,294 |
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Aug 2006 |
$292,973 |
Percent of Sales Price Change:
from August 2006 to August 2007 |
|
Single Family: |
3.03% |
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Condo: |
-7.08% |
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Combined |
1.87% |
Total Combined Number of Homes for Sale: |
|
Aug 2007 |
30,827 |
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Jul 2007 |
30,272 |
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Aug 2006 |
31,664 |
Percent of Change in Available Inventory: (August 2006 vs. August 2007) |
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-2.64% |
Number of Combined Homes Sold this month |
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Aug 2007 |
5,010 |
vs. previous month |
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Jul 2007 |
4,980 |
vs. same month last year |
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Aug 2006 |
5,025 |
Average days on Market: (Combined Sales) |
| Aug 2007 |
94.13 |
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Jul 2007 |
94.78 |
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Aug 2006 |
98.37 |
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)
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|
Aug 2007 |
26.66 weeks |
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Jul 2007 |
26.34 weeks |
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Aug 2006 |
27.31 weeks |
Median Sold Price:Single Family |
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Aug 2007 |
$257,500 |
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Jul 2007 |
$255,000 |
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Aug 2006 |
$252,900 |
Condo |
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Aug 2007 |
$152,500 |
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Jul 2007 |
$158,000 |
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Aug 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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