November 2005

Metro Denver Prices:

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)   Nov 2005 $309,030
    Oct 2005 $314,586
    Nov 2004 $289,934
Condo Average Price: (Attached Dwelling)   Nov 2005 $187,194
    Oct 2005 $186,981
    Nov 2004 $182,445
Combined Average Price:   Nov 2005 $281,716
    Oct 2005 $285,313
    Nov 2004 $265,795
Percent of Sales Price Change: from Nov 2004 to Nov 2005   Single Family: +6.59%
    Condo: +2.60%
    Combined +5.99%
Total Combined Number of Homes for Sale:   Nov 2005 26,020
    Oct 2005 26,828
    Nov 2004 24,533
Percent of Change in Available Inventory: (Nov 2004 vs. Nov 2005)     +6.06%
Number of Combined Homes Sold this month   Nov 2005 3,903
vs. previous month   Oct 2005 4,006
vs. same month last year   Nov 2004 4,119
Average days on Market: (Combined Sales)   Nov 2005 91.28
    Oct 2005 89.65
    Nov 2004A 85.06
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)   Nov 2005 28.89 weeks
    Oct 2005 29.02 weeks
    Nov 2004 25.32 weeks
Median Sold Price:Single Family   Nov 2005 $248,250
    Oct 2005 $250,000
    Nov 2004 $236,500
Condo   Nov 2005 $165,000
    Oct 2005 $157,904
    Nov 2004 $156,000

Statistics brought to you by  The Berkshire Group Realtors

3801 E. Florida Avenue, Suite 502

Denver, Colorado 80210

A Denver Real Estate Company