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 Berkshire 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 Denver Group Realtors
3801 E. Florida Avenue, Suite 502
Denver, Colorado 80210
This site brought to you by Kristal Kraft, a licensed Colorado Real Estate Broker