The Denver Real Estate Market
Below are the Year to Date statistics thru December 31, 2009. These statistics represent the Denver market as a whole.
|
Single Family Homes | ||||||||
|
|
|
2007 |
|
2008 |
% Change from 2007 |
|
2009 |
% Change from 2008 |
|
Average Sales Price |
|
$310,418 |
|
$270,261 |
-12.9% |
|
$264,803 |
-2.0% |
|
Units Sold |
|
38,845 |
|
37,988 |
-2.2% |
|
33,114 |
-12.8% |
|
Units Under Contract at End of Period |
|
48,794 |
|
50,514 |
3.5% |
|
44,546 |
-11.8% |
|
Average Days to Sell |
|
102 |
|
100 |
-2.0% |
|
97 |
-3.0% |
|
Active Listings at End of Period |
|
18,709 |
|
14,995 |
-19.9% |
|
12,263 |
-18.2% |
|
Expired Listings |
|
17,813 |
|
15,374 |
-13.7% |
|
10,498 |
-31.7% |
|
Condo/Townhomes | ||||||||
|
2007 |
|
2008 |
% Change from 2007 |
|
2009 |
% Change from 2008 | ||
|
Average Sales Price |
$180,321 |
$171,350 |
-5.0% |
$159,628 |
-6.8% | |||
|
Units Sold |
10,944 |
9,849 |
-10.0% |
8,956 |
-9.1% | |||
|
Units Under Contract at End of Period |
12,869 |
12,130 |
-5.7% |
11,628 |
-4.1% | |||
|
Average Days to Sell |
114 |
108 |
-5.3 % |
101 |
-6.5% | |||
|
Active Listings at End of Period |
5,894 |
4,605 |
-21.9% |
4,193 |
-8.9% | |||
|
Expired Listings |
6,274 |
4,604 |
-26.6% |
3,378 |
-26.6% | |||
If you would like these statistics for a particular neighborhood, area or city; please contact me.
Metro Denver Key Statistics - December 2009:
-
The average days on market for Single Family Homes in Denver is 97 Days
-
The average days on market for Condos/Townhomes in Denver is 101 Days This is a 6.5% decrease from the same period in 2008
-
The number of active Single Family listings at the end of December 2009 was 12,263. This is a 18.2% decrease from the same period in 2008.
-
The number of active Condo/Townhome listings at the end of December 2009 was 4,193. This is a 8.9 decrease from the same period in 2008.