Real Estate Statistics for Denver Metro 2006~ Novembe
Posted by
Kristal Kraft, Denver Realtor on
December 19th, 2006
November 2006
Metro Denver Prices:
| Single Family Average Price: (Detached Dwelling) | Nov 2006 | $310,562 | |
| Oct 2006 | $306,307 | ||
| Nov 2005 | $309,030 | ||
| Condo Average Price: (Attached Dwelling) | Nov 2006 | $195,747 | |
| Oct 2006 | $189,202 | ||
| Nov 2005 | $187,194 | ||
| Combined Average Price: | Nov 2006 | $285,441 | |
| Oct 2006 | $280,551 | ||
| Nov 2005 | $281,716 | ||
| Percent of Sales Price Change: from November 2005 to November 2006 | Single Family: | +0.50% | |
| Condo: | +4.57% | ||
| Combined | +1.32% | ||
| Total Combined Number of Homes for Sale: | Nov 2006 | 27,530 | |
| Oct 2006 | 29,722 | ||
| Nov 2005 | 26,020 | ||
| Percent of Change in Available Inventory: (Nov 2005 vs. Nov 2006) | +5.80% | ||
| Number of Combined Homes Sold this month | Nov 2006 | 3,565 | |
| vs. previous month | Oct 2006 | 4,133 | |
| vs. same month last year | Nov 2005 | 3,903 | |
| Average days on Market: (Combined Sales) | Nov 2006 | 109.78 | |
| Oct 2006 | 102.60 | ||
| Nov 2005 | 91.28 | ||
| Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales) | Nov 2006 | 33.46 weeks | |
| Oct 2006 | 31.16 weeks | ||
| Nov 2005 | 28.89 weeks | ||
| Median Sold Price:Single Family | Nov 2006 | $240,000 | |
| Oct 2006 | $247,600 | ||
| Nov 2005 | $248,250 | ||
| Condo | Nov 2006 | $155,750 | |
| Oct 2006 | $152,000 | ||
| Nov 2005 | $165,500 |
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