September 2007

Metro Denver Prices:

 

Metro Denver Prices:

   

   

   

 

 
   

   

   
   

   

 

 

 

 

 

 

 

 

 

 

 

 
 

 

   

 

 

   

 

 

 

 

 

 

 

 

 

 
 

 

 

 

 

 

 

   
   

   

   

   

   

   

   

   

   

   

Single Family Average Price: (Detached Dwelling)   Sep 2007 $305,459
    Aug 2007 $329,783
    Sep 2006 $308,903
Condo Average Price: (Attached Dwelling)   Sep 2007 $181,458
    Aug 2007 $182,741
    Sep 2006 $191,006
Combined Average Price:   Sep 2007 $278,615
    Aug 2007 $298,466
    Sep 2006 $283,131
Percent of Sales Price Change:
from September 2006 to September 2007
  Single Family: -1.11%
    Condo: -5.00%
    Combined -1.60%
Total Combined Number of Homes for Sale:   Sep 2007 30,335
    Aug 2007 30,827
    Sep 2006 31,450
Percent of Change in Available Inventory: (September 2006 vs. September 2007)     -3.55%
Number of Combined Homes Sold this month   Sep 2007 3,737
vs. previous month   Aug 2007 5,010
vs. same month last year   Sep 2006 4,108
Average days on Market: (Combined Sales) Sep 2007 101.08
    Aug 2007 94.13
    Sep 2006 101.78
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)

  Sep 2007 35.18 weeks
    Aug 2007 26.66 weeks
    Sep 2006 33.18 weeks
Median Sold Price:Single Family Sep 2007 $245,000
    Aug 2007 $257,500
    Sep 2006 $243,500
Condo   Sep 2007 $148,000
    Aug 2007 $152,500
    Sep 2006 $156,250