Denver Real Estate Statistics ~ December 2006

December 2006

Metro Denver Prices: Metro Denver Prices:

Single Family Average Price: (Detached Dwelling)		Dec 2006	$321,524
		Nov 2006	$310,562
		Dec 2005	$303,834
Condo Average Price: (Attached Dwelling)		Dec 2006	$180,084
		Nov 2006	$195,747
		Dec 2005	$190,023
Combined Average Price:		Dec 2006	$291,495
		Nov 2006	$285,441
		Dec 2005	$278,544
Percent of Sales Price Change: from December 2005 to December 2006		Single Family:	+5.82%
		Condo:	-5.23%
		Combined	+4.65%
Total Combined Number of Homes for Sale:		Dec 2006	24,534
		Nov 2006	27,530
		Dec 2005	23,572
Percent of Change in Available Inventory: (Dec 2005 vs. Dec 2006)			+4.08%
Number of Combined Homes Sold this month		Dec 2006	3,104
vs. previous month		Nov 2006	3,565
vs. same month last year		Dec 2005	4,086
Average days on Market: (Combined Sales)		Dec 2006	113.34
		Nov 2006	109.78
		Dec 2005	97.67
Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales)		Dec 2006	34.25 weeks
		Nov 2006	33.46 weeks
		Dec 2005	25.00 weeks
Median Sold Price:Single Family		Dec 2006	$247,500
		Nov 2006	$240,000
		Dec 2005	$245,000
Condo		Dec 2006	$150,000
		Nov 2006	$155,750
		Dec 2005	$160,000