Metro Denver Key Stats – July 2010

Metro Denver Key Stats through July 2010 –

  • The average days on market for Single Family Homes in Denver is 83 Days.  This is a 18.6% decrease from the same period in 2009.
  • The average days on market for Condos/Townhomes in Denver is 88 Days.  This is a 17.8% decrease from the same period in 2009.
  • The number of active Single Family listings at the end of July 2010 was 17,983.  This is a 13.6% increase from the same period in 2009.
  • The number of active Condo/Townhome listings at the end of July 2010 was 5,467.  This is a 8.0% increase from the same period in 2009.

As a quick recap, July 2010 combined (Single Family and Condo/Town Homes) MLS Residential Statistics had the following changes compared to July of 2009.

  • Decrease in the Number of Closed Sales to 2,632 (down 24.5%)
  • Average Days on Market reduced 14.3% to 84 days
  • Number of Active Listings increased 13.6% to 17,983
  • Absorption Rate increased to 6.6 months (up 45.3%)
  • Average Sold Price remains strong (up 7.4% from $276,654 to $297,218) compared to July, 2009.

If you would like these statistics for a particular neighborhood, area or city; please contact me.


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