Denver Metro area home sale statistics – April 2006 | Denver Real Estate and Relocation

April 2006

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)	&nbsp	Apr 2006	$318,949
&nbsp	&nbsp	Mar 2006	$313,339
&nbsp	&nbsp	Apr 2005	$307,308
Condo Average Price: (Attached Dwelling)	&nbsp	Apr 2006	$188,146
&nbsp	&nbsp	Mar 2006	$182,727
&nbsp	&nbsp	Apr 2005	$181,873
Combined Average Price:	&nbsp	Apr 2006	$288,621
&nbsp	&nbsp	Mar 2006	$284,489
&nbsp	&nbsp	Apr 2005	$279,450
Percent of Sales Price Change: from Apr 2005 to Apr 2006	&nbsp	Single Family:	+3.79%
&nbsp	&nbsp	Condo:	+3.45%
&nbsp	&nbsp	Combined	+3.28%
Total Combined Number of Homes for Sale:	&nbsp	Apr 2006	29,045
&nbsp	&nbsp	Mar 2006	27,309
&nbsp	&nbsp	Apr 2005	24,164
Percent of Change in Available Inventory: (Apr 2005 vs. Apr 2006)	&nbsp	&nbsp	+20.20%
Number of Combined Homes Sold this month	&nbsp	Apr 2006	4,300
vs. previous month	&nbsp	Mar 2006	4,405
vs. same month last year	&nbsp	Apr 2005	5,151
Average days on Market: (Combined Sales)		Apr 2006	102.78
&nbsp	&nbsp	Mar 2006	104.96
&nbsp	&nbsp	Apr 2005	92.66
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)	&nbsp	Apr 2006	29.27 weeks
&nbsp	&nbsp	Mar 2006	26.86 weeks
&nbsp	&nbsp	Apr 2005	20.33 weeks
Median Sold Price:Single Family		Apr 2006	$250,000
&nbsp	&nbsp	Mar 2006	$247,500
&nbsp	&nbsp	Apr 2005	$245,000
Condo	&nbsp	Apr 2006	$157,400
&nbsp	&nbsp	Mar 2006	$159,900
&nbsp	&nbsp	Apr 2005	$153,850

Denver Metro area home sale statistics – April 2006