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Denver Sales Statistics

November 2007


Metro Denver Prices:
Metro Denver Prices:
Single Family Average Price: (Detached Dwelling)   Nov 2007 $297,812
    Oct 2007 $289,754
   Nov 2006 $310,562
Condo Average Price: (Attached Dwelling)   Nov 2007 $165,533
    Oct 2007 $176,222
    Nov 2006 $195,747
Combined Average Price:   Nov 2007 $268,826
    Oct 2007 $265,236
    Nov 2006 $285,441
Percent of Sales Price Change: from November 2006 to November 2007   Single Family: -4.11%
    Condo: -15.44%
    Combined -5.82%
Total Combined Number of Homes for Sale:   Nov 2007 27,127
    Oct 2007 28,928
    Nov 2006 27,530
Percent of Change in Available Inventory: (November 2006 vs. November 2007)    -1.46
Number of Combined Homes Sold this month   Nov 2007 3,482
vs. previous month   Oct 2007 3,848
vs. same month last year   Nov 2006 3,565
Average days on Market: (Combined Sales) Nov 2007 100.66
   Oct 2007 96.51
   Nov 2006 109.78
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)   Nov 2007 33.76 weeks
   Oct 2007 32.58 weeks
   Nov 2006 33.46 weeks
Median Sold Price:Single Family Nov 2007 $229,500
   Oct 2007 $234,200
   Nov 2006 $240,000
Condo   Nov 2007 $139,000
   Oct 2007 $140,000
   Nov 2006 $155,750

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