Colorado Mountains are setting records for snowfall!
The month of November delivered a huge bonus of snowfall in the Colorado Rockies. The ski areas are enjoying large snow bases of 3 feet and beyond. Steamboat Springs has over 74 inches!
Guess it’s time to skip work and head out to the slopes!
See ya…
Good News for IT Professionals
The Denver Business Journal reported this week that small tech companies are hiring at a rate not seen since the tech boom of the late 1990’s.
Greg Barman a senior technical recruiter for The Innovar Group stated, "Recruiters are seeing a general uptick. It’s not quite across-the-board recovery, but it’s fairly broad."
OK folks in need of a Colorado Job, get your apps in. It’s time to relocate to Denver Colorado.
Denver Real Estate Statistics for November 2005
November 2005
Metro Denver Prices:
| Single Family Average Price: (Detached Dwelling) | Nov 2005 | $309,030 | |
| Oct 2005 | $314,586 | ||
| Nov 2004 | $289,934 | ||
| Condo Average Price: (Attached Dwelling) | Nov 2005 | $187,194 | |
| Oct 2005 | $186,981 | ||
| Nov 2004 | $182,445 | ||
| Combined Average Price: | Nov 2005 | $281,716 | |
| Oct 2005 | $285,313 | ||
| Nov 2004 | $265,795 | ||
| Percent of Sales Price Change: from Nov 2004 to Nov 2005 | Single Family: | +6.59% | |
| Condo: | +2.60% | ||
| Combined | +5.99% | ||
| Total Combined Number of Homes for Sale: | Nov 2005 | 26,020 | |
| Oct 2005 | 26,828 | ||
| Nov 2004 | 24,533 | ||
| Percent of Change in Available Inventory: (Nov 2004 vs. Nov 2005) | +6.06% | ||
| Number of Combined Homes Sold this month | Nov 2005 | 3,903 | |
| vs. previous month | Oct 2005 | 4,006 | |
| vs. same month last year | Nov 2004 | 4,119 | |
| Average days on Market: (Combined Sales) | Nov 2005 | 91.28 | |
| Oct 2005 | 89.65 | ||
| Nov 2004A | 85.06 | ||
| Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales) | Nov 2005 | 28.89 weeks | |
| Oct 2005 | 29.02 weeks | ||
| Nov 2004 | 25.32 weeks | ||
| Median Sold Price:Single Family | Nov 2005 | $248,250 | |
| Oct 2005 | $250,000 | ||
| Nov 2004 | $236,500 | ||
| Condo | Nov 2005 | $165,000 | |
| Oct 2005 | $157,904 | ||
| Nov 2004 | $156,000 |
Statistics brought to you by The Berkshire Group Realtors
3801 E. Florida Avenue, Suite 502
Denver, Colorado 80210
Douglas County Number 2!
The Denver metro suburban county of Douglas was named for having the second highest median household income in the U.S. At $92,732 it is close behind Los Alamos County, New Mexico and ahead of Loudoun Co unty, Va.
Denver Best City for Singles
Wow…Denver out performs again, according to Forbes.com the Denver-Boulder area is America’s best city for singles. This is the second year in a row that Denver has been at the top of the list. We have a booming job market, relatively low cost of living and a large university population. Of course being at the base of America’s playground helps too!
The rest of the list reads:
2) Boston
3) San Francisco
4) Raleigh-Durham
5) Wash ington-Baltimore
6) Atlanta
7) Los Angeles
New York
9) Ch icago
10) Seattle
October 2005 Real Estate Statistics
October 2005
Metro Denver Prices:
| Single Family Average Price: (Detached Dwelling) | Oct 2005 | $314,586 | |
| Sep 2005 | $308,427 | ||
| Oct 2004 | $289,022 | ||
| Condo Average Price: (Attached Dwelling) | Oct 2005 | $186,981 | |
| Sep 2005 | $193,887 | ||
| Oct 2004 | $182,022 | ||
| Combined Average Price: | Oct 2005 | $285,313 | |
| Sep 2005 | $282,114 | ||
| Oct 2004 | $265,834 | ||
| Percent of Sales Price Change: from Oct 2004 to Oct 2005 | Single Family: | +8.85% | |
| Condo: | +2.72% | ||
| Combined | +7.33% | ||
| Total Combined Number of Homes for Sale: | Oct 2005 | 26,828 | |
| Sep 2005 | 27,200 | ||
| Oct 2004 | 26,030 | ||
| Percent of Change in Available Inventory: (Oct 2004 vs. Oct 2005) | +3.07% | ||
| Number of Combined Homes Sold this month | Oct 2005 | 4,006 | |
| vs. previous month | Sep 2005 | 5,573 | |
| vs. same month last year | Oct 2004 | 5,131 | |
| Average days on Market: (Combined Sales) | Oct 2005 | 89.65 | |
| Sep 2005 | 84.75 | ||
| Oct 2004A | 91.97 | ||
| Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales) | Oct 2005 | 29.02 weeks | |
| Sep 2005 | 21.15 weeks | ||
| Oct 2004 | 21.98 weeks | ||
| Median Sold Price:Single Family | Oct 2005 | $250,000 | |
| Sep 2005 | $250,000 | ||
| Oct 2004 | $235,900 | ||
| Condo | Oct 2005 | $157,904 | |
| Sep 2005 | $165,000 | ||
| Oct 2004 | $159,000 |
Not just for kids…
Babar’s World Tour visits the Denver Art Museum, November 19 Children’s author Laurent de Brunhoff will sign his newest book, Babar’s World Tour, on Saturday, November 19th at the Denver Art Museum. Like the latest Babar book, the day’s celebration will take visitors around the globe, introducing them to an international array of cities, landmarks, art, culture, and languages. Kids will receive a "passport" to take on their museum tour, receiving a stamp for participating in the various activities throughout the galleries. Throughout the day, families and kids can enjoy special art-making projects; decorating Babar-style crowns for their journeys, and even designing their own art museum! Visitors are invited to relax in the fourth-floor reading corner, and to hear storytelling on the third and sixth floors. A book signing will take place from 1 to 3 p.m. (books will be available for sale in the Museum Shop). These free family activities will take place between 11 a.m. and 4 p.m. Museum admission and activities are free; no reservations required.
Mormon Tabernacle choir
National Sports Center for the Disabled Presents the Mormon Tabernacle Choir and Orchestra, November 19 On November 19th, the Mormon Tabernacle Choir and Orchestra at Temple Square will be partnering with the National Sports Center for the Disabled (NSCD) for a Denver holiday concert-the first concert by the Choir in Denver in over 20 years. This is a once in a lifetime opportunity to experience one of the world’s greatest choirs at the Pepsi Center and benefit one of Colorado’s greatest charities!
Downtown Denver Dine & Shop…Win!
Shop, Dine, and Enjoy Downtown and You Just Might Win Big!
Downtown Denver is reinventing the way we approach holiday shopping by rewarding the shopper! In addition to the sparkling lights, endless entertainment, and fabulous selection of boutiques, stores and restaurants, you might be the winner of one of more than 50 fabulous prizes valued at nearly $10,000!
Here’s how it works…
Register online at
or sign up at the Denver Pavilions, Larimer Square or Tabor Center WIN Locations. You will then be emailed a “lucky” number. Every Thursday between November 17th and December 22nd lucky numbers will be posted at the Denver Pavilions, Larimer Square and Tabor Center WIN Locations.
If your number matches one of the posted numbers, you can collect one of the many magnificent prizes ranging from lodging and dining to specialty gifts and entertainment. Prizes must be claimed within a week of numbers being posted.
Participants will be eligible to win prizes such as a night in the Brown Palace Presidential Suite, a Palace Arms dinner for two and a $50 spa gift (valued at $1,650), gift certificates to places such as Sunglass Hut, Virgin Megastore, Corridor 44, Mariel, Jon Ric Day Spa, Barnes & Noble, Hotel Teatro, and much, MUCH more!
Downtown Denver Dine & Shop…Win!
Shop, Dine, and Enjoy Downtown and You Just Might Win Big!
Downtown Denver is reinventing the way we approach holiday shopping by rewarding the shopper! In addition to the sparkling lights, endless entertainment, and fabulous selection of boutiques, stores and restaurants, you might be the winner of one of more than 50 fabulous prizes valued at nearly $10,000!
Here’s how it works…
Register online at
or sign up at the Denver Pavilions, Larimer Square or Tabor Center WIN Locations. You will then be emailed a “lucky” number. Every Thursday between November 17th and December 22nd lucky numbers will be posted at the Denver Pavilions, Larimer Square and Tabor Center WIN Locations.
If your number matches one of the posted numbers, you can collect one of the many magnificent prizes ranging from lodging and dining to specialty gifts and entertainment. Prizes must be claimed within a week of numbers being posted.
Participants will be eligible to win prizes such as a night in the Brown Palace Presidential Suite, a Palace Arms dinner for two and a $50 spa gift (valued at $1,650), gift certificates to places such as Sunglass Hut, Virgin Megastore, Corridor 44, Mariel, Jon Ric Day Spa, Barnes & Noble, Hotel Teatro, and much, MUCH more!
This site brought to you by Kristal Kraft, a licensed Colorado Real Estate Broker