Denver real estate market facts

• The number of homes available for sale in the Metro Denver area has declined steadily every month of 2007 as compared with the same months in 2006. (4.42% less in May)
• The average sales price for resale homes (including condos) increased in April and May of this year as compared to 2006The May sold price average for detached homes was $318,904T
• The median price in May of 2007 was $250 dollars higher than 2006 at $251,155.
• The number of homes sold in April and May of 2007 was greater than the same months last year.In May 5081 vs. 5010 in May 2006
• The 30 yr interest rate average in May was 6.26%, .34% less than May 2006, over 2% less than the same month in the year 2000.

About the Author

Kristal Kraft
Kristal has been helping buyers and sellers in Colorado since 1984. She enjoys sharing her knowledge of the Metro Denver Real Estate market via blogging and in person while driving around the beautiful Rocky Mountain town of Denver! For fun, Kristal enjoys shooting things with a Canon. Visit Denver Photo Blog

Related posts:

1. March 2006 – Denver real estate Statistics
2. Real Estate Statistics for Denver Metro 2006~ Novembe
3. Denver Real Estate Statistics ~ December 2006
4. Denver real estate sales statistics ~ August 2007
5. Denver Real Estate Sales Statistics – July 2007