Denver Real Estate Statistics for November 2005
Posted by
Kristal Kraft, Denver Realtor on
December 1st, 2005
November 2005
Metro Denver Prices:
| Single Family Average Price: (Detached Dwelling) | Nov 2005 | $309,030 | |
| Oct 2005 | $314,586 | ||
| Nov 2004 | $289,934 | ||
| Condo Average Price: (Attached Dwelling) | Nov 2005 | $187,194 | |
| Oct 2005 | $186,981 | ||
| Nov 2004 | $182,445 | ||
| Combined Average Price: | Nov 2005 | $281,716 | |
| Oct 2005 | $285,313 | ||
| Nov 2004 | $265,795 | ||
| Percent of Sales Price Change: from Nov 2004 to Nov 2005 | Single Family: | +6.59% | |
| Condo: | +2.60% | ||
| Combined | +5.99% | ||
| Total Combined Number of Homes for Sale: | Nov 2005 | 26,020 | |
| Oct 2005 | 26,828 | ||
| Nov 2004 | 24,533 | ||
| Percent of Change in Available Inventory: (Nov 2004 vs. Nov 2005) | +6.06% | ||
| Number of Combined Homes Sold this month | Nov 2005 | 3,903 | |
| vs. previous month | Oct 2005 | 4,006 | |
| vs. same month last year | Nov 2004 | 4,119 | |
| Average days on Market: (Combined Sales) | Nov 2005 | 91.28 | |
| Oct 2005 | 89.65 | ||
| Nov 2004A | 85.06 | ||
| Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales) | Nov 2005 | 28.89 weeks | |
| Oct 2005 | 29.02 weeks | ||
| Nov 2004 | 25.32 weeks | ||
| Median Sold Price:Single Family | Nov 2005 | $248,250 | |
| Oct 2005 | $250,000 | ||
| Nov 2004 | $236,500 | ||
| Condo | Nov 2005 | $165,000 | |
| Oct 2005 | $157,904 | ||
| Nov 2004 | $156,000 |
Statistics brought to you by The Berkshire Group Realtors
3801 E. Florida Avenue, Suite 502
Denver, Colorado 80210
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