Denver Sales Statistics March 2005

Metro Denver Prices:

Single Family Average Price:	Mar. 2005 - $292,046
(Detached Dwelling)	Feb. 2005 - $291,036
	Mar. 2004 - $275,500
Condo Average Price	Mar. 2005 - $184,409
	Feb. 2005 - $186,418
	Mar. 2004 - $177,833
Combined Average Price	Mar. 2005 - $269,254
	Feb. 2005 - $267,771
	Mar. 2004 - $253,297

Percent of Sales Price Change: (from Mar. 2004 to Mar. 2005) Single Family +6.01% Condo +3.70% Average +6.30% Total Combined Number of Homes for Sale Mar. 2005 - 23,023   Feb. 2005 - 21,730   Mar. 2004 - 24,909     Percent of Change in Available Inventory: (Mar. 2004 vs Mar. 2005) -7.57%     Number of Combined Homes Sold this Month Mar. 2005 - 3,778 vs. the previous month Feb. 2005 - 2,779 vs. the same month last year: Mar. 2004 - 3,695     Average days on Market - Mar. 2005 vs Mar. 2004 Mar. 2005 - 99.87 (combined sales) Feb. 2005 - 106.00   Mar. 2004 - 94.32     Absorption Rate: Mar. 2005 - 26.41 weeks (number of weeks necessary to sell current Feb. 2005 - 33.88 weeks combined inventory at current rate of sales) Mar. 2004 - 29.21 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 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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