April 2006

Metro Denver Prices:

Metro Denver Prices:
Single Family Average Price: (Detached Dwelling) &nbsp Apr 2006 $318,949
&nbsp &nbsp Mar 2006 $313,339
&nbsp &nbsp Apr 2005 $307,308
Condo Average Price: (Attached Dwelling) &nbsp Apr 2006 $188,146
&nbsp &nbsp Mar 2006 $182,727
&nbsp &nbsp Apr 2005 $181,873
Combined Average Price: &nbsp Apr 2006 $288,621
&nbsp &nbsp Mar 2006 $284,489
&nbsp &nbsp Apr 2005 $279,450
Percent of Sales Price Change:
from Apr 2005 to Apr 2006
&nbsp Single Family: +3.79%
&nbsp &nbsp Condo: +3.45%
&nbsp &nbsp Combined +3.28%
Total Combined Number of Homes for Sale: &nbsp Apr 2006 29,045
&nbsp &nbsp Mar 2006 27,309
&nbsp &nbsp Apr 2005 24,164
Percent of Change in Available Inventory: (Apr 2005 vs. Apr 2006) &nbsp &nbsp +20.20%
Number of Combined Homes Sold this month &nbsp Apr 2006 4,300
vs. previous month &nbsp Mar 2006 4,405
vs. same month last year &nbsp Apr 2005 5,151
Average days on Market: (Combined Sales) Apr 2006 102.78
&nbsp &nbsp Mar 2006 104.96
&nbsp &nbsp Apr 2005 92.66
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)

&nbsp Apr 2006 29.27 weeks
&nbsp &nbsp Mar 2006 26.86 weeks
&nbsp &nbsp Apr 2005 20.33 weeks
Median Sold Price:Single Family Apr 2006 $250,000
&nbsp &nbsp Mar 2006 $247,500
&nbsp &nbsp Apr 2005 $245,000
Condo &nbsp Apr 2006 $157,400
&nbsp &nbsp Mar 2006 $159,900
&nbsp &nbsp Apr 2005 $153,850