Denver Sales Statistics February 2005

Metro Denver Prices:

Single Family Average Price:	Feb. 2005 - $291,036
(Detached Dwelling)	Jan. 2005 - $291,001
	Feb. 2004 - $277,784
Condo Average Price	Feb. 2005 - $186,418
	Jan. 2005 - $184,215
	Feb. 2004 - $173,191
Combined Average Price	Feb. 2005 - $267,771
	Jan. 2005 - $266,794
	Feb. 2004 - $253,335

Percent of Sales Price Change: (from Feb. 2004 to Feb. 2005) Single Family +4.77% Condo +7.64% Average +5.70% Total Combined Number of Homes for Sale Feb. 2005 - 22,730   Jan. 2005 - 20,917   Feb. 2004 - 23,212     Percent of Change in Available Inventory: (Feb. 2004 vs Feb. 2005) -6.38%     Number of Combined Homes Sold this Month Feb. 2005 - 2,779 vs. the previous month Jan. 2005 - 2,713 vs. the same month last year: Feb. 2004 - 2,678     Average days on Market - Feb. 2005 vs Feb. 2004 Feb. 2005 - 106.00 (combined sales) Jan. 2005 - 98.53   Feb. 2004 - 96.04     Absorption Rate: Feb. 2005 - 33.88 weeks (number of weeks necessary to sell current Jan. 2005 - 33.41 weeks combined inventory at current rate of sales) Feb. 2004 - 37.56 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 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 

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