Highlander Realty's
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      Prices Report

      Condos &
      Townhomes
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      Denver Condo Prices Still Moving Up

         For the 2nd quarter in 2000, median condominium prices are up approximately 18.3% from prices in the 2nd quarter of 1999.   Both average and median prices reached an all-time high in the 2nd quarter of 2000.  Median prices took a healthy 6.9% jump up between the 1st and 2nd quarter of 2000.

      Median Sales Prices
      Condos & Townhomes
      Adams, Arapahoe, Denver, Douglas,Jefferson Counties
      Including: Aurora, Denver, Castle Rock, Englewood, Golden, Lakewood, Littleton, Morrison, Northglenn, Parker, Thorton, Westminster and Wheat Ridge

       

      1999
      1st Qtr

      1999
      2nd Qtr

      1999
      3rd Qtr

      1999
      4th Qtr

       

      2000
      1st Qtr

      2000
      2nd Qtr

      Adams $98,652 $104,299 $105,475 $111,504 $114,700 $125,316
      Arapahoe $94,630 $99,450 $108,000 $107,000 $115,000 $120,000
      Denver $108,000 $107,750 $111,950 $119,000 $123,000 $127,000
      Douglas $118,950 $128,000 $135,391 $136,946 $135,500 $149,000
      Jefferson $104,500 $109,950 $112,000 $113,900 $120,000 $129,000


      Median Denver Condo Sales Prices Chart

      Mean Average vs. Median Prices

         The mean is the average. The median is the middle value. Half the values are higher than the median, and half are lower.

      The median is a more robust measure of central tendency. Changing a single value won't change the median very much. In contrast, the value of the mean average can be strongly affected by a single value that is very low or very high.
        

      Mean Average Sales Prices
      Condos & Townhomes
      Adams, Arapahoe, Denver, Douglas,Jefferson Counties
      Including: Aurora, Denver, Castle Rock, Englewood, Golden, Lakewood, Littleton, Morrison, Northglenn, Parker, Thorton, Westminster and Wheat Ridge

       

      1999
      1st Qtr

      1999
      2nd Qtr

      1999
      3rd Qtr

      1999
      4th Qtr

       

      2000
      1st Qtr

      2000
      2nd Qtr

      Adams $102,716 $108,387 $108,670 $115,817 $118,534 $124,617
      Arapahoe $103,280 $107,727 $113,278 $111,681 $118,892 $124,917
      Denver $140,424 $146,594 $151,083 $165,866 $162,049 $174,250
      Douglas $132,221 $152,187 $148,497 $160,056 $151,564 $163,636
      Jefferson $109,042 $112,967 $115,954 $119,548 $123,156 $133,325

      (Mean) Average Sales Prices Chart

      Continued on Next Page

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      Russ Harrist - Highlander Realty

      Russ Harrist
      Broker/Owner
      Highlander Realty
      Metro Brokers, Inc
      303-886-4283
      303-794-9191
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