January Real Estate Home Sale Statistics

Posted by Kristal Kraft, Denver Realtor on March 6th, 2005

February 2005

Metro Denver Prices:

Single Family Average Price: Feb. 2005 - $291,036
(Detached Dwelling) Jan. 2005 - $291,001
Feb. 2004 - $277,784
Condo Average Price Feb. 2005 - $186,418
Jan. 2005 - $184,215
Feb. 2004 - $173,191
Combined Average Price Feb. 2005 - $267,771
Jan. 2005 - $266,794
Feb. 2004 - $253,335

Percent of Sales Price Change: (from Feb. 2004 to Feb. 2005)

Single Family +4.77%
Condo +7.64%
Average +5.70%
Total Combined Number of Homes for Sale Feb. 2005 - 22,730
Jan. 2005 - 20,917
Feb. 2004 - 23,212
Percent of Change in Available Inventory:
(Feb. 2004 vs Feb. 2005)		 -6.38%
Number of Combined Homes Sold this Month Feb. 2005 - 2,779
vs. the previous month Jan. 2005 - 2,713
vs. the same month last year: Feb. 2004 - 2,678
Average days on Market - Feb. 2005 vs Feb. 2004 Feb. 2005 - 106.00
(combined sales) Jan. 2005 - 98.53
Feb. 2004 - 96.04
Absorption Rate: Feb. 2005 - 33.88 weeks
(number of weeks necessary to sell current Jan. 2005 - 33.41 weeks
combined inventory at current rate of sales) Feb. 2004 - 37.56 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 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


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