Denver Sales Statistics ~ April 2008
Denver Real Estate Statistics - April 2008
| Single Family Average Price: |
Apr. 2008 - $267,259 |
| (Detached Dwelling) |
Mar. 2008 - $274,693 |
| |
Apr. 2007 - $322,510 |
| |
|
| Condo Average Price |
Apr. 2008 - $175,245 |
| |
Mar. 2008 - $173,4931 |
| |
Apr. 2007 - $82,549 |
| |
|
| Combined Average Price |
Apr. 2008 - $247,483 |
| |
Mar. 2007 - $254,011 |
| |
Apr. 2007 - $293,016 |
|
Percent of Sales Price Change: (from Apr. 2007 to Mar. 2008)
| Single Family |
-17.13% |
| Condo |
-4.00% |
| Average |
-15.51% |
| Total Combined Number of Homes for Sale |
Apr. 2008 - 26,171 |
| |
Mar. 2008 - 25,516 |
| |
Apr. 2007 - 27,858 |
| |
|
Percent of Change in Available Inventory:
(Dec. 2002 vs Dec. 2003) |
-6.06% |
| Total Home Under Contract - Single am |
|
| Number of Combined Homes Sold this Month |
Apr. 2008 - 1,219 |
| vs. the previous month |
Mar. 2008 - 1,124 |
| vs. the same month last year: |
Apr. 2007 - 3,515 |
| |
|
| Average days on Market - Jan. 2004 vs Dec. 2003 |
Apr.. 2008 - 106.42 |
| (combined sales) |
Mar. 2008 - 110.84 |
| |
Apr. 2007 - 109.90 |
| |
|
| Absorption Rate: |
Apr. 2008 - 26.59 weeks |
| (number of weeks necessary to sell current |
Mar. 2008 - 29.81 weeks |
| combined inventory at current rate of sales) |
Apr. 2007 - 27.44 weeks |
| |
|
| Median Sold Price: Single Family |
Apr. 2008 - $222,550 |
| |
Mar. 2008 - $224,900 |
| |
Apr. 2007 - $248,000 |
| Median Sold Price: Condo |
Apr. 2008 - $134,500 |
| |
Mar. 2008 - $132,000 |
| |
Apr. 2007 - $ 148,900 |
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