Denver Real Estate Statistics ~ December 2006

December 2006

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)	&nbsp	Dec 2006	$321,524
&nbsp	&nbsp	Nov 2006	$310,562
&nbsp	&nbsp	Dec 2005	$303,834
Condo Average Price: (Attached Dwelling)	&nbsp	Dec 2006	$180,084
&nbsp	&nbsp	Nov 2006	$195,747
&nbsp	&nbsp	Dec 2005	$190,023
Combined Average Price:	&nbsp	Dec 2006	$291,495
&nbsp	&nbsp	Nov 2006	$285,441
&nbsp	&nbsp	Dec 2005	$278,544
Percent of Sales Price Change: from December 2005 to December 2006	&nbsp	Single Family:	+5.82%
&nbsp	&nbsp	Condo:	-5.23%
&nbsp	&nbsp	Combined	+4.65%
Total Combined Number of Homes for Sale:	&nbsp	Dec 2006	24,534
&nbsp	&nbsp	Nov 2006	27,530
&nbsp	&nbsp	Dec 2005	23,572
Percent of Change in Available Inventory: (Dec 2005 vs. Dec 2006)	&nbsp	&nbsp	+4.08%
Number of Combined Homes Sold this month	&nbsp	Dec 2006	3,104
vs. previous month	&nbsp	Nov 2006	3,565
vs. same month last year	&nbsp	Dec 2005	4,086
Average days on Market: (Combined Sales)		Dec 2006	113.34
&nbsp	&nbsp	Nov 2006	109.78
&nbsp	&nbsp	Dec 2005	97.67
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)	&nbsp	Dec 2006	34.25 weeks
&nbsp	&nbsp	Nov 2006	33.46 weeks
&nbsp	&nbsp	Dec 2005	25.00 weeks
Median Sold Price:Single Family		Dec 2006	$247,500
&nbsp	&nbsp	Nov 2006	$240,000
&nbsp	&nbsp	Dec 2005	$245,000
Condo	&nbsp	Dec 2006	$150,000
&nbsp	&nbsp	Nov 2006	$155,750
&nbsp	&nbsp	Dec 2005	$160,000

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