The Berkshire Group Realtors monitor the Denver real estate sales on a monthly basis. Knowing what has happened in the past is a good indicator of what might happen in the future. The following chart indicates average home sale prices for condos and single family residences, average days on market, percent of sales price change from last year to this year, absorption rate and number of units for sale.
For individual neighborhood information, contact me. These statistics include the Denver Metro area.
July 2007
Metro Denver Prices:
| Single Family Average Price: (Detached Dwelling) |   | July 2007 | $316,024 |
|   |   | Jun 2007 | $334,833 |   |   | July 2006 | $328,721 | Condo Average Price: (Attached Dwelling) |   | July 2007 | $192,885 |   |   | Jun 2007 | $186,328 |   |   | July 2006 | $194,705 | Combined Average Price: |   | July 2007 | $289,294 |   |   | Jun 2007 | $304,055 |   |   | July 2006 | $299,680 | Percent of Sales Price Change: from July 2006 to July 2007 |
  | Single Family: | -3.86% |   |   | Condo: | -0.93% |   |   | Combined | -3.47% | Total Combined Number of Homes for Sale: |   | July 2007 | 30,272 |   |   | Jun 2007 | 30,256 |   |   | July 2006 | 31,989 | Percent of Change in Available Inventory: (July 2006 vs. July 2007) |   |   | -5.37% | Number of Combined Homes Sold this month |   | July 2007 | 4,980 | vs. previous month |   | Jun 2007 | 5,129 | vs. same month last year |   | Jul 2006 | 4,850 | Average days on Market: (Combined Sales) | July 2007 | 94.78 |   |   | Jun 2007 | 96.90 |   |   | Jul 2006 | 94.98 | Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales) |   | July 2007 | 26.34 weeks |   |   | Jun 2007 | 25.56 weeks |   |   | July 2006 | 28.58 weeks | Median Sold Price:Single Family | July 2007 | $255,000 |   |   | Jun 2007 | $263,000 |   |   | Jul 2006 | $259,500 | Condo |   | July 2007 | $158,000 |   |   | Jun 2007 | $157,950 |   |   | Jul 2006 | $163,000 |
Related posts:
This entry was posted in Denver Real Estate Trends. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.
Denver Real Estate Photo of the Week
Welcome to Denver Dwellings where I blog about Denver real estate trends, where to live, eat, play and how to buy
or sell a house in Colorado. This part of the world is where I call home, it is a place I love and I hope that
joy shows through!
Subscribe to Denver Dwellings Here!
-
-
Kristal Kraft, ABR, CIPS, CRS, PMN
Licensed real estate broker selling Colorado
The Berkshire Group REALTORS®
3801 E. Florida Ave, Suite 400
Denver, Colorado 80210
303-589-2022 direct
303-953-5362 fax
Kristal.Kraft@gmail.com
Licensed real estate broker selling Colorado
The Berkshire Group REALTORS®
3801 E. Florida Ave, Suite 400
Denver, Colorado 80210
303-589-2022 direct
303-953-5362 fax
Kristal.Kraft@gmail.com
The Fair Housing Act prohibits discrimination
in housing based on color, race, religion,
national origin, sex, familial status, or disability.
in housing based on color, race, religion,
national origin, sex, familial status, or disability.
Powered by WordPress. Built on the Simple Realty Theme. ADMIN LOGIN