Denver Sales Statistics April 2005

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.

Metro Denver Prices:

Single Family Average Price: Apr. 2005 - $307,308
(Detached Dwelling) Mar. 2005 - $292,046
  Apr. 2004 - $284,853
   
Condo Average Price Apr. 2005 - $181,873
  Mar. 2005 - $184,409
  Apr. 2004 - $183,529
   
Combined Average Price Apr. 2005 - $279,450
  Mar. 2005 - $269,254
  Apr. 2004 - $262,086

Percent of Sales Price Change: (from Apr. 2004 to Apr. 2005)

Single Family +7.98%
Condo -0.90%
Average +6.63%
Total Combined Number of Homes for Sale Apr. 2005 - 24,164
  Apr. 2005 - 23,023
  Apr. 2004 - 26,584
   
Percent of Change in Available Inventory:
(Apr. 2004 vs Apr. 2005)		 -9.10%
   
Number of Combined Homes Sold this Month Apr. 2005 - 5,151
vs. the previous month Mar. 2005 - 3,778
vs. the same month last year: Apr. 2004 - 5,118
   
Average days on Market - Apr. 2005 vs Apr. 2004 Apr. 2005 - 92.66
(combined sales) Mar. 2005 - 99.87
  Apr. 2004 - 88.60
   
Absorption Rate: Apr. 2005 - 20.33 weeks
(number of weeks necessary to sell current Mar. 2005 - 26.41 weeks
combined inventory at current rate of sales) Apr. 2004 - 22.51 weeks

Prepared by
Larry D. McGee, CRS, CRB
The Berkshire Group

From data provided by Metro List, Inc., does not include private or builder sales.

Denver Metro Home Sale Statistics for March 2005
Denver Metro Home Sale Statistics for February 2005
Denver Metro Home Sale Statistics for January 2005
Denver Metro Home Sale Statistics for December 2004
Denver Metro Home Sale Statistics for November 2004
Denver Metro Home Sale Statistics for May 2004
Denver Metro Home Sale Statistics for April 2004
Denver Metro Home Sale Statistics for March 2004
Denver Metro Home Sale Statistics for January 2004
Denver Metro Home Sale Statistics for December 2003
Denver Metro Home Sale Statistics for November 2003

  • Search Denver MLS for Real Estate

  • Contact Kristal Kraft, Denver Realtor