March Statistics 2005
Denver Market Update
Homes for sale, average sale price for Denver homes and condos, average days on the market, absorption rate and total number of combined sales.
Denver Sales Statistics
March 2005
Metro Denver Prices:
| Single Family Average Price: |
Mar. 2005 – $292,046 |
| (Detached Dwelling) |
Feb. 2005 – $291,036 |
|
Mar. 2004 – $275,500 |
|
|
| Condo Average Price |
Mar. 2005 – $184,409 |
|
Feb. 2005 – $186,418 |
|
Mar. 2004 – $177,833 |
|
|
| Combined Average Price |
Mar. 2005 – $269,254 |
|
Feb. 2005 – $267,771 |
|
Mar. 2004 – $253,297 |
|
Percent of Sales Price Change: (from Mar. 2004 to Mar. 2005)
| Single Family |
+6.01% |
| Condo |
+3.70% |
| Average |
+6.30% |
| Total Combined Number of Homes for Sale |
Mar. 2005 – 23,023 |
|
Feb. 2005 – 21,730 |
|
Mar. 2004 – 24,909 |
|
|
Percent of Change in Available Inventory:
(Mar. 2004 vs Mar. 2005) |
-7.57% |
|
|
| Number of Combined Homes Sold this Month |
Mar. 2005 – 3,778 |
| vs. the previous month |
Feb. 2005 – 2,779 |
| vs. the same month last year: |
Mar. 2004 – 3,695 |
|
|
| Average days on Market – Mar. 2005 vs Mar. 2004 |
Mar. 2005 – 99.87 |
| (combined sales) |
Feb. 2005 – 106.00 |
|
Mar. 2004 – 94.32 |
|
|
| Absorption Rate: |
Mar. 2005 – 26.41 weeks |
| (number of weeks necessary to sell current |
Feb. 2005 – 33.88 weeks |
| combined inventory at current rate of sales) |
Mar. 2004 – 29.21 weeks |
|
|
Prepared byLarry D. McGee, CRS, CRBThe Berkshire Group
From data provided by Metro List, Inc., does not include private or builder sales.
Denver Metro Home Sale Statistics for February 2005
Denver Metro Home Sale Statistics for January 2005
Denver Metro Home Sale Statistics for December 2004
Denver Metro Home Sale Statistics for November 2004
Denver Metro Home Sale Statistics for May 2004
Denver Metro Home Sale Statistics for April 2004
Denver Metro Home Sale Statistics for March 2004
Denver Metro Home Sale Statistics for January 2004
Denver Metro Home Sale Statistics for December 2003
Denver Metro Home Sale Statistics for November 2003
|
Related posts:
- Denver Real Estate Statistics for November 2005
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