February Statistics - Home Sales

February 2006

Metro Denver Prices: Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)		Feb 2006	$305,017
		Jan 2006	$306,982
		Feb 2005	$291,036
Condo Average Price: (Attached Dwelling)		Feb 2006	$175,422
		Jan 2006	$192,271
		Feb 2005	$186,418
Combined Average Price:		Feb 2006	$276,746
		Jan 2006	$280,554
		Feb 2005	$267,771
Percent of Sales Price Change: from Feb 2005 to Feb 2006		Single Family:	+4.80%
		Condo:	-5.90%
		Combined	+3.35%
Total Combined Number of Homes for Sale:		Feb 2006	25,484
		Jan 2006	24,387
		Feb 2005	21,730
Percent of Change in Available Inventory: (Feb 2005 vs. Feb 2006)			+17.28%
Number of Combined Homes Sold this month		Feb 2006	3,273
vs. previous month		Jan 2005	2,843
vs. same month last year		Feb 2005	2,779
Average days on Market: (Combined Sales)		Feb 2006	109.58
		Jan 2006	109.14
		Feb 2005	106.00
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)		Feb 2006	33.74 weeks
		Jan 2006	37.17 weeks
		Feb 2005	33.88 weeks
Median Sold Price:Single Family		Feb 2006	$238,500
		Jan 2006	$245,000
		Feb 2005	$231,200
Condo		Feb 2006	$149,440
		Jan 2006	$155,000
		Feb 2005	$155,000