Denver Metro Real Estate Market Statistics October 2008

Denver Metro MLS Total Stats for Homes and Condos SOLD.

This market report is for the entire Denver Metro MLS Metrolist. All area included. For the month of October 2008 compared to the month of October 2007 with year to date homes sold data as well. If you need more detailed information for your city or even your neighborhood please give us a call and we will be happy to provide that information. You may want to look at our other posts to see if the report for your area is already available.

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SOLD - Residential Single Family Homes sold. Entire Denver Metro MLS. ALL Areas!

	October 2007	October 2008	% Change
# Closed Sales Month	3,017	3,386	12.2%
# Closed Sales Year to Date	33,672	33,048	-1.9%
Average Days on Market	95	93	-2.1%
# Active Listings	21,947	17,842	-18.7%
# Of New Listings	8,600	7,212	-16.1%
Absorption Rate in Months	7.6	5.5	-28.4%
Average SOLD Price	$289,754	$250,172	-13.7%

SOLD- Condos Entire Denver Metro MLS. All Areas!

	October 2007	October 2008	% Change
# Closed Sales Month	831	896	7.8%
# Closed Sales Year to Date	9,416	8,635	-8.3%
Average Days on Market	102	102	0.0%
# Active Listings	6,981	5,278	-24.4%
# Of New Listings	2,457	1,934	-21.3%
Absorption Rate in Months	8.8	6.1	-31.1%
Average SOLD Price	$176,222	$164,686	-6.5%