Denver Sales Statistics September 2005
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: |
Sep 2005 $308,427 |
| (Detached Dwelling) |
Aug 2005 $313,308 |
| |
Sep 2004 $291,430 |
| |
|
| Condo Average Price |
Sep 2005 $193,887 |
| (Attached Dwelling) |
Aug 2005 $198,614 |
| |
Sep 2004 $180,100 |
| |
|
| Combined Average Price |
Sep 2005 $282,114 |
| |
Aug 2005 $288,121 |
| |
Sep 2004 $266,372 |
|
Percent of Sales Price Change: (from Sep 2004 to Sep 2005)
| Single Family |
+5.83% |
| Condo |
+7.66% |
| Average |
+5.91% |
| Total Combined Number of Homes for Sale |
Sep 2005 27,200 |
| |
Aug 2005 26,650 |
| |
Sep 2004 26,976 |
| |
|
Percent of Change in Available Inventory:
|
+0.83% |
| (July 2004 vs. July 2005) |
|
| Number of Combined Homes Sold this Month |
Sep 2005 5,573 |
| vs. the previous month |
Aug 2005 5,901 |
| vs. the same month last year: |
Sep 2004 4,465 |
| |
|
| Average days on Market – |
Sep 2005 84.75 |
| (combined sales) |
Aug 2005 84.00 |
| |
Sep 2004A 78,85 |
| |
|
| Absorption Rate: |
Sep 2005 21.15 weeks |
| (number of weeks necessary to sell current |
Aug 2005 22.68 weeks |
| combined inventory at current rate of sales) |
Sep 2004 26.18 weeks |
| |
|
| Median Sold Price: |
Sep 2005 $250,000 |
| Single Family |
Aug 2005 $255,000 |
| |
Sep 2004 $240,000 |
| Condo |
Sep 2005 $165,000 |
| |
Aug 2005 $162,499 |
| |
Sep 2004 $156,031 |
|
