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.

September 2006

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)	Sep 2006	$308,903
	Aug 2006	$320,092
	Sep 2005	$308,427
Condo Average Price: (Attached Dwelling)	Sep 2006	$191,006
	Aug 2006	$196,659
	Sep 2005	$193,887
Combined Average Price:	Sep 2006	$283,131
	Aug 2006	$292,973
	Sep 2005	$282,114
Percent of Sales Price Change: from September 2005 to September 2006	Single Family:	+0.15%
	Condo:	-1.49%
	Combined	+0.36%
Total Combined Number of Homes for Sale:	Sep 2006	31,450
	Aug 2006	31,664
	Sep 2005	27,200
Percent of Change in Available Inventory: (Sept 2005 vs. Sept 2006)		+15.63%
Number of Combined Homes Sold this month	Sep 2006	4,108
vs. previous month	Aug 2006	5,025
vs. same month last year	Sep 2005	5,573
Average days on Market: (Combined Sales)	Sep 2006	101.78
	Aug 2006	98.37
	Sep 2005	84.75
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)	Sep 2006	33.18 weeks
	Aug 2006	27.31 weeks
	Sep 2005	21.15 weeks
Median Sold Price:Single Family	Sep 2006	$243,500
	Aug 2006	$252,900
	Sep 2005	$250,000
Condo	Sep 2006	$156,250
	Aug 2006	$160,000
	Sep 2005	$165,000