Denver Home Sale Statistics ~ August 2006

August 2006

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)	&nbsp	Aug 2006	$320,092
&nbsp	&nbsp	July 2006	$328,721
&nbsp	&nbsp	Aug 2005	$313,308
Condo Average Price: (Attached Dwelling)	&nbsp	Aug 2006	$196,659
&nbsp	&nbsp	July 2006	$194,705
&nbsp	&nbsp	Aug 2005	$198,614
Combined Average Price:	&nbsp	Aug 2006	$292,973
&nbsp	&nbsp	July 2006	$299,680
&nbsp	&nbsp	Aug 2005	$288,121
Percent of Sales Price Change: from August 2005 to August 2006	&nbsp	Single Family:	+2.17%
&nbsp	&nbsp	Condo:	-0.98%
&nbsp	&nbsp	Combined	+1.68%
Total Combined Number of Homes for Sale:	&nbsp	Aug 2006	31,664
&nbsp	&nbsp	July 2006	31,989
&nbsp	&nbsp	Aug 2005	26,650
Percent of Change in Available Inventory: (August 2005 vs. August 2006)	&nbsp	&nbsp	+18.81%
Number of Combined Homes Sold this month	&nbsp	Aug 2006	5,025
vs. previous month	&nbsp	July 2006	4,850
vs. same month last year	&nbsp	Aug 2005	5,091
Average days on Market: (Combined Sales)		Aug 2006	98.37
&nbsp	&nbsp	July 2006	94.98
&nbsp	&nbsp	Aug 2005	84.00
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)	&nbsp	Aug 2006	27.31 weeks
&nbsp	&nbsp	July 2006	28.58 weeks
&nbsp	&nbsp	Aug 2005	22.68 weeks
Median Sold Price:Single Family		Aug 2006	$252,900
&nbsp	&nbsp	July 2006	$259,500
&nbsp	&nbsp	Aug 2005	$255,000
Condo	&nbsp	Aug 2006	$160,000
&nbsp	&nbsp	July 2006	$163,000
&nbsp	&nbsp	Aug 2005	$162,499

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