October 2006
Metro Denver Prices:
| Single Family Average Price: (Detached Dwelling) | Oct 2006 | $306,307 | |
| Sep 2006 | $308,903 | ||
| Oct 2005 | $314,586 | ||
| Condo Average Price: (Attached Dwelling) | Oct 2006 | $189,202 | |
| Sep 2006 | $191,006 | ||
| Oct 2005 | $186,981 | ||
| Combined Average Price: | Oct 2006 | $280,551 | |
| Sep 2006 | $283,131 | ||
| Oct 2005 | $285,313 | ||
| Percent of Sales Price Change: from October 2005 to October 2006 | Single Family: | -2.63% | |
| Condo: | +1.19% | ||
| Combined | -1.67% | ||
| Total Combined Number of Homes for Sale: | Oct 2006 | 29,722 | |
| Sep 2006 | 31,450 | ||
| Oct 2005 | 26,828 | ||
| Percent of Change in Available Inventory: (Oct 2005 vs. Oct 2006) | +10.79% | ||
| Number of Combined Homes Sold this month | Oct 2006 | 4,133 | |
| vs. previous month | Sep 2006 | 4,108 | |
| vs. same month last year | Oct 2005 | 4,006 | |
| Average days on Market: (Combined Sales) | Oct 2006 | 102.60 | |
| Sep 2006 | 101.78 | ||
| Oct 2005 | 89.65 | ||
| Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales) | Oct 2006 | 31.16 weeks | |
| Sep 2006 | 33.18 weeks | ||
| Oct 2005 | 29.02 weeks | ||
| Median Sold Price:Single Family | Oct 2006 | $247,600 | |
| Sep 2006 | $243,500 | ||
| Oct 2005 | $250,000 | ||
| Condo | Oct 2006 | $152,000 | |
| Sep 2006 | $156,250 | ||
| Oct 2005 | $157,904 |
Related posts:
Welcome to Denver Dwellings where I blog about Denver real estate trends, where to live, eat, play and how to buy
or sell a house in Colorado. This part of the world is where I call home, it is a place I love and I hope that
joy shows through!
