Real Estate & Relocation ^ Colorado

Denver Metro area home sale statistics - April 2006

April 2006

Metro Denver Prices: Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)		Apr 2006	$318,949
		Mar 2006	$313,339
		Apr 2005	$307,308
Condo Average Price: (Attached Dwelling)		Apr 2006	$188,146
		Mar 2006	$182,727
		Apr 2005	$181,873
Combined Average Price:		Apr 2006	$288,621
		Mar 2006	$284,489
		Apr 2005	$279,450
Percent of Sales Price Change: from Apr 2005 to Apr 2006		Single Family:	+3.79%
		Condo:	+3.45%
		Combined	+3.28%
Total Combined Number of Homes for Sale:		Apr 2006	29,045
		Mar 2006	27,309
		Apr 2005	24,164
Percent of Change in Available Inventory: (Apr 2005 vs. Apr 2006)			+20.20%
Number of Combined Homes Sold this month		Apr 2006	4,300
vs. previous month		Mar 2006	4,405
vs. same month last year		Apr 2005	5,151
Average days on Market: (Combined Sales)		Apr 2006	102.78
		Mar 2006	104.96
		Apr 2005	92.66
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)		Apr 2006	29.27 weeks
		Mar 2006	26.86 weeks
		Apr 2005	20.33 weeks
Median Sold Price:Single Family		Apr 2006	$250,000
		Mar 2006	$247,500
		Apr 2005	$245,000
Condo		Apr 2006	$157,400
		Mar 2006	$159,900
		Apr 2005	$153,850

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