Real Estate & Relocation ^ Colorado

Denver real estate newsletter - March 2005

Interested in knowing about Denver real estate happenings?  Download The Berkshire Group, Realtors March Newsletter.

January Real Estate Home Sale Statistics

February 2005

Metro Denver Prices:

Single Family Average Price:	Feb. 2005 - $291,036
(Detached Dwelling)	Jan. 2005 - $291,001
	Feb. 2004 - $277,784
Condo Average Price	Feb. 2005 - $186,418
	Jan. 2005 - $184,215
	Feb. 2004 - $173,191
Combined Average Price	Feb. 2005 - $267,771
	Jan. 2005 - $266,794
	Feb. 2004 - $253,335

Percent of Sales Price Change: (from Feb. 2004 to Feb. 2005) Single Family +4.77% Condo +7.64% Average +5.70% Total Combined Number of Homes for Sale Feb. 2005 - 22,730 Jan. 2005 - 20,917 Feb. 2004 - 23,212 Percent of Change in Available Inventory: (Feb. 2004 vs Feb. 2005) -6.38% Number of Combined Homes Sold this Month Feb. 2005 - 2,779 vs. the previous month Jan. 2005 - 2,713 vs. the same month last year: Feb. 2004 - 2,678 Average days on Market - Feb. 2005 vs Feb. 2004 Feb. 2005 - 106.00 (combined sales) Jan. 2005 - 98.53 Feb. 2004 - 96.04 Absorption Rate: Feb. 2005 - 33.88 weeks (number of weeks necessary to sell current Jan. 2005 - 33.41 weeks combined inventory at current rate of sales) Feb. 2004 - 37.56 weeks Prepared byLarry D. McGee, CRS, CRBThe Berkshire Group From data provided by Metro List, Inc., does not include private or builder sales. Denver Metro Home Sale Statistics for January 2005 Denver Metro Home Sale Statistics for December 2004 Denver Metro Home Sale Statistics for November 2004 Denver Metro Home Sale Statistics for May 2004 Denver Metro Home Sale Statistics for April 2004 Denver Metro Home Sale Statistics for March 2004 Denver Metro Home Sale Statistics for January 2004 Denver Metro Home Sale Statistics for December 2003 Denver Metro Home Sale Statistics for November 2003