Denver Home Sale Statistics January 2007

January 2007

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)	&nbsp	Jan 2007	$297,368
&nbsp	&nbsp	Dec 2006	$321,524
&nbsp	&nbsp	Jan 2006	$306,982
Condo Average Price: (Attached Dwelling)	&nbsp	Jan 2007	$170,440
&nbsp	&nbsp	Dec 2006	$180,084
&nbsp	&nbsp	Jan 2006	$192,271
Combined Average Price:	&nbsp	Jan 2007	$266,066
&nbsp	&nbsp	Dec 2006	$291,495
&nbsp	&nbsp	Jan 2006	$280,554
Percent of Sales Price Change: from January 2006 to Janaury 2007	&nbsp	Single Family:	-3.13%
&nbsp	&nbsp	Condo:	-11.35%
&nbsp	&nbsp	Combined	-5.16%
Total Combined Number of Homes for Sale:	&nbsp	Jan 2007	24,350
&nbsp	&nbsp	Dec 2006	24,534
&nbsp	&nbsp	Jan 2006	24,387
Percent of Change in Available Inventory: (Jan 2006 vs. Jan 2007)	&nbsp	&nbsp	-0.15%
Number of Combined Homes Sold this month	&nbsp	Jan 2007	3,540
vs. previous month	&nbsp	Dec 2006	3,104
vs. same month last year	&nbsp	Jan 2006	2,843
Average days on Market: (Combined Sales)		Jan 2007	120.45
&nbsp	&nbsp	Dec 2006	113.34
&nbsp	&nbsp	Jan 2006	109.14
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)	&nbsp	Jan 2007	29.81 weeks
&nbsp	&nbsp	Dec 2006	34.25 weeks
&nbsp	&nbsp	Jan 2006	37.17 weeks
Median Sold Price:Single Family		Jan 2007	$236,000
&nbsp	&nbsp	Dec 2006	$247,500
&nbsp	&nbsp	Jan 2006	$245,000
Condo	&nbsp	Jan 2007	$154,900
&nbsp	&nbsp	Dec 2006	$150,000
&nbsp	&nbsp	Jan 2006	$155,000

Begin Your Home Search Here