Denver Sales Statistics July 2005

Metro Denver Prices:

Single Family Average Price: July 2005 $318,527
(Detached Dwelling) June 2005  $310,798
  July 2004  $297,088
 
Condo Average Price July 2005 $184,288
(Attached Dwelling)  June2005 $193,588
  July 2004 $178,044
   
Combined Average Price July 2005 $291,498
  June 2005 $284,874
  June 2004 $271,919

Percent of Sales Price Change: (from July 2004 to July 2005)

Single Family +7.22%
Condo +3.51%
Average +7.20%
Total Combined Number of Homes for Sale July 2005 26,411
  June 2005 25,817
  July 2004 28,026
   
Percent of Change in Available Inventory:
  -5.76%
(July 2004 vs. July 2005)    
Number of Combined Homes Sold this Month July 2005 6,203
vs. the previous month June 2005 5,091
vs. the same month last year: July 2004 6,229
   
Average days on Market - July 2005 81.84
(combined sales) June 2005 83.19
  July 2004A 75.55
   
Absorption Rate: July 2005 18.45 weeks
(number of weeks necessary to sell current June 2005 21.97 weeks
combined inventory at current rate of sales) July 2004 19.50 weeks
Median Sold Price: July 2005 $252,250
Single Family June 2005 $251,500
July 2004 $244,800
Condo   July 2005 $164,000
June 2005 $163,307
July 2004 $157,367

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 June 2005
Denver Metro Home Sale Statistics for May 2005
Denver Metro Home Sale Statistics for April 2005
Denver Metro Home Sale Statistics for March 2005
Denver Metro Home Sale Statistics for February 2005
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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