Tuesday, July 13, 2010

Denver 2nd Quarter 2010 Residential Real Estate Statistics

• Available inventory was at 17,784* units, up 6% compared with month ago figures
o Inventory was up 13% compared with same month, year ago
*Includes Active and Pending listings for historical trending purposes. See Market Intel reports for Pending count.
• Under contract listings are even with prior month at 3,162 units
o Down 29% compared to Jun 09
• Sales were down 6% from month ago to 3,227 units sold
o Compared with Jun 09, units sold decreased 3%
• YTD sales volume was at 16,506 units, up 7% compared with YTD 2009 sales of 15,432 units
• Average sales price was $299,375
o Up 10% with May 10, $273,285 avg price
o Up 6% versus Jun 09, $283,312 avg price
• Median sales price was $244,000, up 5% compared with prior month, and up 3% from Jun 09
• Average Days on Market (DOM) was at 81 days, a 20% decline from year ago

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