Real Estate & Relocation ^ Colorado

March Statistics 2005

Denver Market Update

Homes for sale, average sale price for Denver homes and condos, average days on the market, absorption rate and total number of combined sales.

Denver Sales Statistics

March 2005

Metro Denver Prices:

Single Family Average Price:	Mar. 2005 - $292,046
(Detached Dwelling)	Feb. 2005 - $291,036
	Mar. 2004 - $275,500
Condo Average Price	Mar. 2005 - $184,409
	Feb. 2005 - $186,418
	Mar. 2004 - $177,833
Combined Average Price	Mar. 2005 - $269,254
	Feb. 2005 - $267,771
	Mar. 2004 - $253,297

Percent of Sales Price Change: (from Mar. 2004 to Mar. 2005) Single Family +6.01% Condo +3.70% Average +6.30% Total Combined Number of Homes for Sale Mar. 2005 - 23,023 Feb. 2005 - 21,730 Mar. 2004 - 24,909 Percent of Change in Available Inventory: (Mar. 2004 vs Mar. 2005) -7.57% Number of Combined Homes Sold this Month Mar. 2005 - 3,778 vs. the previous month Feb. 2005 - 2,779 vs. the same month last year: Mar. 2004 - 3,695 Average days on Market - Mar. 2005 vs Mar. 2004 Mar. 2005 - 99.87 (combined sales) Feb. 2005 - 106.00 Mar. 2004 - 94.32 Absorption Rate: Mar. 2005 - 26.41 weeks (number of weeks necessary to sell current Feb. 2005 - 33.88 weeks combined inventory at current rate of sales) Mar. 2004 - 29.21 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 February 2005 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

Doors Open Denver

82 Buildings downtown and at the University of Denver will open their doors (for free) to the public.  The date to remember is April 16-17.

Some of the more notable places to visit are:

• Brown Paleace Hotel, 321 17th St.
• Byers-Evans House Museum, 1310 Bannock St.
• Chucovich-Gerash House, 1439 Court Place
• Coors Field, 2001 Blake St.
• Denver Art Museum, 100 W. 14th Ave. Parkway
• Denver Center Theatre Company Tramway Building, 1101 13th St.
• Gates Corp., 1551 Wewatta St.
• Invesco Field at Mile High
• Quigg Newton Auditorium, 950 13th St.
• Robert and Judi Newman Center for the Performing Arts, 2344 E. Iliff Ave.

For a complete list of Denver buildings that will be open visit www.denvergov.org/doorsopendenver

Denver real estate and relocation