April 2007 ~ Denver home sales

April 2007

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)	&nbsp	Apr 2007	$322,510
&nbsp	&nbsp	Mar 2007	$302,084
&nbsp	&nbsp	Apr 2006	$318,949
Condo Average Price: (Attached Dwelling)	&nbsp	Apr 2007	$182,451
&nbsp	&nbsp	Mar 2007	$183,451
&nbsp	&nbsp	Apr 2006	$188,146
Combined Average Price:	&nbsp	Apr 2007	$293,016
&nbsp	&nbsp	Mar 2007	$275,465
&nbsp	&nbsp	Apr 2006	$288,621
Percent of Sales Price Change: from April 2006 to April 2007	&nbsp	Single Family:	1.12%
&nbsp	&nbsp	Condo:	-2.97%
&nbsp	&nbsp	Combined	1.52%
Total Combined Number of Homes for Sale:	&nbsp	Apr 2007	27,858
&nbsp	&nbsp	Mar 2007	26,430
&nbsp	&nbsp	Apr 2006	29,045
Percent of Change in Available Inventory: (Apr 2006 vs. Apr 2007)	&nbsp	&nbsp	-4.09%
Number of Combined Homes Sold this month	&nbsp	Apr 2007	4,399
vs. previous month	&nbsp	Mar 2007	4,274
vs. same month last year	&nbsp	Apr 2006	4,300
Average days on Market: (Combined Sales)		Apr 2007	109.90
&nbsp	&nbsp	Mar 2007	119.24
&nbsp	&nbsp	Apr 2006	102.78
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)	&nbsp	Apr 2007	27.44 weeks
&nbsp	&nbsp	Mar 2007	26.80 weeks
&nbsp	&nbsp	Apr 2006	29.27 weeks
Median Sold Price:Single Family		Apr 2007	$248,000
&nbsp	&nbsp	Mar 2007	$240,000
&nbsp	&nbsp	Apr 2006	$250,000
Condo	&nbsp	Apr 2007	$148,900
&nbsp	&nbsp	Mar 2007	$153,000
&nbsp	&nbsp	Apr 2006	$157,400

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