Denver Sales Statistics December 2004

Metro Denver Prices:

Single Family Average Price:	Dec. 2004 - $288,818
(Detached Dwelling)	Nov. 2004 - $289,934
	Dec. 2003 - $273,700
Condo Average Price	Dec. 2004 - $184,189
	Nov. 2004 - $182,445
	Dec. 2003 - $182,034
Combined Average Price	Dec. 2004 - $265,717
	Nov. 2004 - $265,890
	Dec. 2003 - $251,890

Percent of Sales Price Change: (from Dec. 2003 to Dec. 2004) Single Family +5.52% Condo +1.18% Average +5.49% Total Combined Number of Homes for Sale Dec. 2004 - 20,891   Nov. 2004 - 24,533   Dec. 2003 - 21,623     Percent of Change in Available Inventory: (Dec. 2004 vs Dec. 2003) -3.39%     Number of Combined Homes Sold this Month Dec. 2004 - 4,416 vs. the previous month Nov. 2004 - 4,199 vs. the same month last year: Dec. 2003 - 3,585     Average days on Market - Dec 2004 vs Dec 2003 Dec. 2004 - 89.75 (combined sales) Nov. 2004 - 85.06   Dec. 2003 - 87.71     Absorption Rate: Dec 2004 - 20.50 weeks (number of weeks necessary to sell current Nov. 2004 - 25.32 weeks combined inventory at current rate of sales) Dec. 2003 - 25/14 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 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 

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