Denver Sales Statistics January 2006
The Berkshire Group Realtors watch the Denver market by keeping track of the inventory for sale, sold prices, percent of sales price change, change in available inventory, average days on the market and the absorption rate.
Metro Denver Prices:
| Single Family Average Price: |
Jan 2006 $306,982 |
| (Detached Dwelling) |
Dec 2005 $303,834 |
| |
Jan 2005 $291,001 |
| |
|
| Condo Average Price |
Jan 2006 $192,271 |
| |
Dec 2005 $190,023 |
| |
Jan 2005 $184,215 |
| |
|
| Combined Average Price |
Jan 2006 $280,554 |
| |
Dec 2005 $278,544 |
| |
Jan 2005 $266,794 |
|
Percent of Sales Price Change: (from Jan 2005 to Jan 2006 )
| Single Family |
+5.49% |
| Condo |
+4.37% |
| Average |
+5.16% |
| Total Combined Number of Homes for Sale |
|
| |
Jan 2006 24,387 |
| |
Dec 2005 23,572 |
| |
Jan 2005 20,917 |
Percent of Change in Available Inventory:
|
|
| (Jan 2005 vs. Jan 2006) |
+16.59% |
| Number of Combined Homes Sold this Month |
Jan 2006 2,843 |
| vs. the previous month |
Dec 2005 4,086 |
| vs. the same month last year: |
Jan 2005 2,713 |
| |
|
| Average days on Market – |
|
| (combined sales) |
Jan 2006 109.14 |
| |
Dec 2005 97.67 |
| |
Jan 2005 98.53 |
| Absorption Rate: |
|
| (number of weeks necessary to sell current |
Jan 2006 37.17 weeks |
| combined inventory at current rate of sales) |
Dec 2005 25.00 weeks |
| |
Jan 2005 33.41 weeks |
| |
|
| Median Sold Price: |
|
| Single Family |
Jan 2006 $245,000 |
| |
Dec 2005 $245,000 |
| |
Jan 2005 $230,000 |
| Condo |
Jan 2006 $155,000 |
| |
Dec 2005 $160,000 |
| |
Jan 2005 $157,000 |
|
