Denver Home Sale Statistics

July 2006

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)	&nbsp	July 2006	$328,721
&nbsp	&nbsp	June 2006	$335,111
&nbsp	&nbsp	July 2005	$318,527
Condo Average Price: (Attached Dwelling)	&nbsp	July 2006	$194,705
&nbsp	&nbsp	June 2006	$184,566
&nbsp	&nbsp	July 2005	$184,288
Combined Average Price:	&nbsp	July 2006	$299,680
&nbsp	&nbsp	June 2006	$303,573
&nbsp	&nbsp	July 2005	$291,498
Percent of Sales Price Change: from July 2005 to July 2006	&nbsp	Single Family:	+3.20%
&nbsp	&nbsp	Condo:	+5.65%
&nbsp	&nbsp	Combined	+2.81%
Total Combined Number of Homes for Sale:	&nbsp	July 2006	31,989
&nbsp	&nbsp	June 2006	31,900
&nbsp	&nbsp	July 2005	26,411
Percent of Change in Available Inventory: (July 2005 vs. July 2006)	&nbsp	&nbsp	+21.12%
Number of Combined Homes Sold this month	&nbsp	July 2006	4,850
vs. previous month	&nbsp	June 2006	5,628
vs. same month last year	&nbsp	July 2005	6,203
Average days on Market: (Combined Sales)		July 2006	94.98
&nbsp	&nbsp	June 2006	95.66
&nbsp	&nbsp	July 2005	81.84
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)	&nbsp	July 2006	28.58 weeks
&nbsp	&nbsp	June 2006	24.56 weeks
&nbsp	&nbsp	July 2005	18.45 weeks
Median Sold Price:Single Family		July 2006	$259,500
&nbsp	&nbsp	June 2006	$261,750
&nbsp	&nbsp	July 2005	$252,250
Condo	&nbsp	July 2006	$163,000
&nbsp	&nbsp	June 2006	$159,900
&nbsp	&nbsp	July 2005	$164,000

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