May 2007
Metro Denver Prices:
| Single Family Average Price: (Detached Dwelling) |   | May 2007 | $318,904 |
|   |   | Apr 2007 | $322,510 |   |   | May 2006 | $315,257 | Condo Average Price: (Attached Dwelling) |   | May 2007 | $183,896 |   |   | Apr 2007 | $182,549 |   |   | May 2006 | $189,986 | Combined Average Price: |   | May 2007 | $288,905 |   |   | Apr 2007 | $293,016 |   |   | May 2006 | $287,327 | Percent of Sales Price Change: from May 2006 to May 2007 |
  | Single Family: | 1.16% |   |   | Condo: | -3.21% |   |   | Combined | 0.55% | Total Combined Number of Homes for Sale: |   | May 2007 | 29,110 |   |   | Apr 2007 | 27,858 |   |   | May 2006 | 30,457 | Percent of Change in Available Inventory: (May 2006 vs. May 2007) |   |   | -4.42% | Number of Combined Homes Sold this month |   | May 2007 | 5,081 | vs. previous month |   | Apr 2007 | 4,399 | vs. same month last year |   | May 2006 | 5,010 | Average days on Market: (Combined Sales) | May 2007 | 102.44 |   |   | Apr 2007 | 109.90 |   |   | May 2006 | 96.58 | Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales) |   | May 2007 | 24.83 weeks |   |   | Apr 2007 | 27.44 weeks |   |   | May 2006 | 26.34 weeks | Median Sold Price:Single Family | May 2007 | $251,155 |   |   | Apr 2007 | $248,000 |   |   | May 2006 | $250,943 | Condo |   | May 2007 | $155,000 |   |   | Apr 2007 | $148,900 |   |   | May 2006 | $160,000 |
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:
- Denver Real Estate Sales Statistics – July 2007
- Denver real estate sales statistics ~ August 2007
- Denver Home Sale Statistics January 2007
- Metro Denver Home Sale Statistics – June 2007
- Denver metro market statistics for February 2007
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Kristal Kraft
The Berkshire Group, REALTORS®
3801 E. Florida Avenue, Suite 400
Denver, Colorado 80210
720-279-4599 direct
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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
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One Comment
Hi Kristal, I think the consumers like reading this kind of stuff… and it helps them have a realistic understanding of what’s happening in the market
Happy summer. It’s warming up here in Wenatchee, WA!