Denver Home Sale Statistics ~ May 2008

Single Family Average Price: May 2008 – $276,374
(Detached Dwelling) Apr. 2008 – $267,259
May 2007 – $318,904
Condo Average Price May 2008 – $183,896
Apr. 2008 – $175,245
May 2007 – $183,896
Combined Average Price May 2008 – $255,944
Apr. 2008 – $247,583
May 2007 – $288,905

Percent of Sales Price Change: (from )

Single Family -13.34%-
Condo - 4.43%
Average -11.41%

Total Combined Number of Homes for Sale May 2008 – 26,333
Apr. 2008 – 26,171
May 2007 – 29,110
Percent of Change in Available Inventory:
 -9.54%
Total Homes Under Contract: Single Family Single Family
May 2008 – 5,116
Apr. 2008 – 5,068
May 2007 – 5,045
Con Condo
Number of Combined Homes Sold this Month May 2008 – 4,664
vs. the previous month Apr. 2008 – 4,265
vs. the same month last year: May 2007 – 5,081
Average days on Market -
(combined sales)
Absorption Rate:
(number of weeks necessary to sell current
combined inventory at current rate of sales)

  • 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.