Denver Sales Statistics ~ April 2008

Denver Real Estate Statistics – April 2008

Single Family Average Price: Apr. 2008 – $267,259
(Detached Dwelling) Mar. 2008 – $274,693
  Apr. 2007 – $322,510
   
Condo Average Price Apr. 2008 – $175,245
  Mar. 2008 – $173,4931
  Apr. 2007 – $82,549
   
Combined Average Price Apr. 2008 – $247,483
  Mar. 2007 – $254,011
  Apr. 2007 – $293,016

Percent of Sales Price Change: (from Apr. 2007 to Mar. 2008)

Single Family -17.13%
Condo -4.00%
Average -15.51%
Total Combined Number of Homes for Sale Apr. 2008 – 26,171
  Mar. 2008 – 25,516
  Apr. 2007 – 27,858
   
Percent of Change in Available Inventory:
(Dec. 2002 vs Dec. 2003)		 -6.06%
Total Home Under Contract – Single am   
Number of Combined Homes Sold this Month Apr. 2008 – 1,219
vs. the previous month Mar. 2008 – 1,124
vs. the same month last year: Apr. 2007 – 3,515
   
Average days on Market – Jan. 2004 vs Dec. 2003 Apr.. 2008 – 106.42
(combined sales) Mar. 2008 – 110.84
  Apr. 2007 – 109.90
   
Absorption Rate: Apr. 2008 – 26.59 weeks
(number of weeks necessary to sell current Mar. 2008 – 29.81 weeks
combined inventory at current rate of sales) Apr. 2007 – 27.44 weeks
Median Sold Price: Single Family Apr. 2008 – $222,550
Mar. 2008 – $224,900
Apr. 2007 – $248,000
Median Sold Price: Condo Apr. 2008 – $134,500
Mar. 2008 – $132,000
Apr. 2007 – $ 148,900

 

  • We Know the Territory…

    Denver Real Estate Company Berkshire Group Logo Are you looking to buy or sell a home? Let us at The Berkshire Group assist you. We will take care of all the important and necessary details while you can attend to moving. Our business is helping you make the right decisions, guide you through negotiations, inspections and close on time. When it comes to Denver real estate, we know the territory. For experienced help with your real estate needs call now...303-589-2022.

    We serve Denver and the Suburban Neighborhoods of: Englewood, Greenwoood Vilage, Highlands Ranch, Littleton, Lone Tree, Parker, Castle Rock, Centennial, Broomfield and More!
    Denver Real Estate Help Enjoy the Denver Photo Blog

  • Begin Your Home Search Here

    Search the entire Metro Denver MLS-IDX, receive updates as homes come on the market. Save and track your favorites. Get started now.

  • Denver Real Estate Photo of the Week

    Denver Real Estate Photo of the Week
  • Skype Me™!
    Get Skype and call me for free.