July 2006

Metro Denver Prices:

Metro Denver Prices:
Single Family Average Price: (Detached Dwelling) &nbsp July 2006 $328,721
&nbsp &nbsp June 2006 $335,111
&nbsp &nbsp July 2005 $318,527
Condo Average Price: (Attached Dwelling) &nbsp July 2006 $194,705
&nbsp &nbsp June 2006 $184,566
&nbsp &nbsp July 2005 $184,288
Combined Average Price: &nbsp July 2006 $299,680
&nbsp &nbsp June 2006 $303,573
&nbsp &nbsp July 2005 $291,498
Percent of Sales Price Change:
from July 2005 to July 2006
&nbsp Single Family: +3.20%
&nbsp &nbsp Condo: +5.65%
&nbsp &nbsp Combined +2.81%
Total Combined Number of Homes for Sale: &nbsp July 2006 31,989
&nbsp &nbsp June 2006 31,900
&nbsp &nbsp July 2005 26,411
Percent of Change in Available Inventory: (July 2005 vs. July 2006) &nbsp &nbsp +21.12%
Number of Combined Homes Sold this month &nbsp July 2006 4,850
vs. previous month &nbsp June 2006 5,628
vs. same month last year &nbsp July 2005 6,203
Average days on Market: (Combined Sales) July 2006 94.98
&nbsp &nbsp June 2006 95.66
&nbsp &nbsp July 2005 81.84
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)

&nbsp July 2006 28.58 weeks
&nbsp &nbsp June 2006 24.56 weeks
&nbsp &nbsp July 2005 18.45 weeks
Median Sold Price:Single Family July 2006 $259,500
&nbsp &nbsp June 2006 $261,750
&nbsp &nbsp July 2005 $252,250
Condo &nbsp July 2006 $163,000
&nbsp &nbsp June 2006 $159,900
&nbsp &nbsp July 2005 $164,000