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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About the Author

Kristal Kraft
Kristal has been helping buyers and sellers in Colorado since 1984. She enjoys sharing her knowledge of the Metro Denver Real Estate market via blogging and in person while driving around the beautiful Rocky Mountain town of Denver! For fun, Kristal enjoys shooting things with a Canon. Visit Denver Photo Blog

Related posts:

  1. Denver Real Estate Sales Statistics – July 2007
  2. Denver Home Sale Statistics January 2007
  3. Metro Denver Home Sale Statistics – June 2007
  4. Denver Metro area home sale statistics – April 2006
  5. Denver real estate sales statistics ~ August 2007

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