Statistics

Denver Real Estate Price Change Analysis and Influx Index

This graph demonstrates the average sold price per square foot by month during the years 2007 through 2009.  The normal bell curve shown in 2007 was clearly disrupted in 2008 and 2009. The average price per square foot has leveled off in the latter half of 2009 as the market continues to struggle for stability.

This graph demonstrates the average sold price per square foot by month for the years 2007 through 2009.  The normal bell curve last appearing in 2007 has been replaced by very erratic price swings in 2008 and 2009.  The condo market will take longer to stabilize than the detached home market.

Both of the above graphs show the peak months for sales in the Denver area.  While detached homes peak in May before declining, the condo market stays at a peak level through the summer months.  The price change analysis and seasonal influx index show that the best time to buy a home based on price is January of any given year.