Metro Denver Prices:
| Single Family Average Price: (Detached Dwelling) |
|
Jul 2008 |
$283,860 |
|
|
Jun 2008 |
$286,887 |
|
|
Jul 2007 |
$316,024 |
| Condo Average Price: (Attached Dwelling) |
|
Jul 2008 |
$169,474 |
|
|
Jun 2008 |
$190,367 |
|
|
Jul 2007 |
$192,885 |
| Combined Average Price: |
|
Jul 2008 |
$262,225 |
|
|
Jul 2008 |
$267,005 |
|
|
Jul 2007 |
$289,294 |
| Percent of Sales Price Change: from May 2007 to May 2008 |
|
Single Family: |
-10.18% |
|
|
Condo: |
-12.14% |
|
|
Combined |
-9.36% |
| Total Combined Number of Homes for Sale: |
|
Jul 2008 |
25,673 |
|
|
Jul 2008 |
26,104 |
|
|
Jul 2007 |
30,272 |
| Percent of Change in Available Inventory: (May 2007 vs. May 2008) |
|
|
-15.19% |
| Number of Combined Homes Sold this month |
|
Jul 2008 |
5,123 |
| vs. previous month |
|
Jun 2008 |
4,845 |
| vs. same month last year |
|
Jul 2007 |
4,980 |
| Average days on Market: (Combined Sales) |
|
Jul 2008 |
97.57 |
|
|
Jun 2008 |
96.88 |
|
|
Jul 2007 |
94.78 |
| Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales) |
|
Jul 2008 |
21.72 weeks |
|
|
Jun 2008 |
23.35 weeks |
|
|
Jul 2007 |
26.34 weeks |
| Median Sold Price:Single Family |
|
Jul 2008 |
$229,200 |
|
|
Jun 2008 |
$230,000 |
|
|
Jul 2007 |
$255,000 |
| Condo |
|
Jul 2008 |
$149,000 |
|
|
Jun 2008 |
$148,345 |
|
|
Jul 2007 |
$158,000 |
This site brought to you by Kristal Kraft, a licensed Colorado Real Estate Broker
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