Denver Sales Statistics June 2005

Metro Denver Prices:

Single Family Average Price:	Jun. 2005 - $310,798
(Detached Dwelling)	May 2005 - $305,730
	Jun. 2004 - $293,588

Condo Average Price	June 2005 - $193,588
	May 2005 - $195,567
	June 2004 - $176,574

Combined Average Price	June 2005 - $284,874
	May 2005 - $281,062
	June 2004 - $268,654

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

Single Family	+5.79%
Condo	-9.64%
Average	+6.04%

Total Combined Number of Homes for Sale	June 2005 - 25,817
	May 2005 - 24,945
	June 2004 - 28,043

Percent of Change in Available Inventory: (June 2004 vs June 2005)	-7.94%

Number of Combined Homes Sold this Month	June 2005 - 5,091
vs. the previous month	May 2005 - 4,631
vs. the same month last year:	June 2004 - 5,164

Average days on Market - June 2005 vs June 2004	June 2005 - 83.19
(combined sales)	May 2005 - 87.27
	June 2004 - 74.86

Absorption Rate:	June 2005 - 21.97 weeks
(number of weeks necessary to sell current	May 2005 - 23.34 weeks
combined inventory at current rate of sales)	June 2004 - 23.53 weeks
Median Sold Price:
Single Family
	June 2005 - $251,500
	May 2005 - $244,00
	June 2004 - $243,00

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 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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Denver Sales Statistics June 2005

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