Denver Sales Statistics January 2005

Single Family Average Price: Jan. 2005 - $291,001
(Detached Dwelling) Dec. 2004 - $288,818
  Jan. 2004 - $283,134
   
Condo Average Price Jan. 2005 - $184,215
  Dec. 2004 - $184,189
  Jan. 2004 - $189,826
   
Combined Average Price Jan. 2005 - $266,794
  Dec. 2004 - $265,717
  Jan. 2004 - $262,346

Percent of Sales Price Change: (from Jan. 2003 to Jan. 2004)

Single Family +2.78%
Condo -2.96%
Average +1.70%
Total Combined Number of Homes for Sale Jan. 2005 - 20,917
  Dec. 2004 - 20,891
  Jan. 2004 - 21,848
   
Percent of Change in Available Inventory:
(Jan. 2004 vs Jan. 2005)		 -4.25%
   
Number of Combined Homes Sold this Month Jan. 2005 - 2,713
vs. the previous month Dec. 2004 - 4,416
vs. the same month last year: Jan. 2004 - 3,290
   
Average days on Market - Jan. 2005 vs Jan. 2004 Jan. 2005 - 98.53
(combined sales) Dec. 2004 - 89.75
  Jan. 2004 - 96.90
   
Absorption Rate: Jan. 2005 - 33.41 weeks
(number of weeks necessary to sell current Dec. 2004 - 20.50 weeks
combined inventory at current rate of sales) Jan. 2004 - 28.77 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 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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