The Denver Metro Real Estate Sales Statistics:

July 2005

Metro Denver Prices:

Single Family Average Price: (Detached Dwelling) July 2005 $318,527
June 2005 $310,798
July 2004 $297,088
Condo Average Price: (Attached Dwelling) July 2005 $184,288
June2005 $193,588
July 2004 $178,044
Combined Average Price: July 2005 $291,498
June 2005 $284,874
June 2004 $271,919
Percent of Sales Price Change: from July 2004 to July 2005 Single Family: +7.22%
Condo: +3.51%
Combined +7.20%
Total Combined Number of Homes for Sale: July 2005 26,411
June 2005 25,817
July 2004 28,026
Percent of Change in Available Inventory: (July 2004 vs. July 2005) -5.76%
Number of Combined Homes Sold this month July 2005 6,203
vs. previous month June 2005 5,091
vs. same month last year July 2004 6,229
Average days on Market: (Combined Sales) July 2005 81.84
June 2005 83.19
July 2004A 75.55
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales) July 2005 18.45 weeks
June 2005 21.97 weeks
July 2004 19.50 weeks
Median Sold Price:Single Family July 2005 $252,250
June 2005 $251,500
July 2004 $244,800
Condo July 2005 $164,000
June 2005 $163,307
July 2004 $157,367