Denver Sales Statistics January 2005

Single Family Average Price: Jan. 2005 – $291,001
(Detached Dwelling) Dec. 2004 – $288,818
  Jan. 2004 – $283,134
   
Condo Average Price Jan. 2005 – $184,215
  Dec. 2004 – $184,189
  Jan. 2004 – $189,826
   
Combined Average Price Jan. 2005 – $266,794
  Dec. 2004 – $265,717
  Jan. 2004 – $262,346

Percent of Sales Price Change: (from Jan. 2003 to Jan. 2004)

Single Family +2.78%
Condo -2.96%
Average +1.70%

Total Combined Number of Homes for Sale Jan. 2005 – 20,917
  Dec. 2004 – 20,891
  Jan. 2004 – 21,848
   
Percent of Change in Available Inventory:
(Jan. 2004 vs Jan. 2005)		 -4.25%
   
Number of Combined Homes Sold this Month Jan. 2005 – 2,713
vs. the previous month Dec. 2004 – 4,416
vs. the same month last year: Jan. 2004 – 3,290
   
Average days on Market – Jan. 2005 vs Jan. 2004 Jan. 2005 – 98.53
(combined sales) Dec. 2004 – 89.75
  Jan. 2004 – 96.90
   
Absorption Rate: Jan. 2005 – 33.41 weeks
(number of weeks necessary to sell current Dec. 2004 – 20.50 weeks
combined inventory at current rate of sales) Jan. 2004 – 28.77 weeks

Prepared by
Larry D. McGee, CRS, CRB
The Berkshire Group

From data provided by Metro List, Inc., does not include private or builder sales.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

CommentLuv badge

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word

  • 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.

  • Explore Metro Denver