March 2006 – Denver real estate Statistics | Denver Real Estate and Relocation

March 2006

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)	&nbsp	Mar 2006	$313,339
&nbsp	&nbsp	Feb 2006	$305,017
&nbsp	&nbsp	Mar 2005	$292,046
Condo Average Price: (Attached Dwelling)	&nbsp	Mar 2006	$182,727
&nbsp	&nbsp	Feb 2006	$175,422
&nbsp	&nbsp	Mar 2005	$184,409
Combined Average Price:	&nbsp	Mar 2006	$284,489
&nbsp	&nbsp	Feb 2006	$276,746
&nbsp	&nbsp	Mar 2005	$269,254
Percent of Sales Price Change: from Mar 2005 to Mar 2006	&nbsp	Single Family:	+7.29%
&nbsp	&nbsp	Condo:	-0.91%
&nbsp	&nbsp	Combined	+5.66%
Total Combined Number of Homes for Sale:	&nbsp	Mar 2006	27,309
&nbsp	&nbsp	Feb 2006	25,484
&nbsp	&nbsp	Mar 2005	23,023
Percent of Change in Available Inventory: (Mar 2005 vs. Mar 2006)	&nbsp	&nbsp	+18.62%
Number of Combined Homes Sold this month	&nbsp	Mar 2006	4,405
vs. previous month	&nbsp	Feb 2006	3,273
vs. same month last year	&nbsp	Mar 2005	3,778
Average days on Market: (Combined Sales)		Mar 2006	104.96
&nbsp	&nbsp	Feb 2006	109.58
&nbsp	&nbsp	Mar 2005	99.87
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)	&nbsp	Mar 2006	26.86 weeks
&nbsp	&nbsp	Feb 2006	33.74 weeks
&nbsp	&nbsp	Mar 2005	26.41 weeks
Median Sold Price:Single Family		Mar 2006	$247,500
&nbsp	&nbsp	Feb 2006	$238,500
&nbsp	&nbsp	Mar 2005	$236,500
Condo	&nbsp	Mar 2006	$159,900
&nbsp	&nbsp	Feb 2006	$149,440
&nbsp	&nbsp	Mar 2005	$158,500

March 2006 – Denver real estate Statistics