January Market Update

Denver Metro Market Statistics (As of January 9,  2009) Average Sold Price of a Single Family Home/Condo's This Month     $240,945 / $162,308 Last Month      $242,557 / $161,615 This Month Last Year     $287,870 / $177,805 Unsold Homes on the Market This Month     19,600 Last Month    21,761 This Month Last Year     24,603

DENVER NORTHEAST: (North of Colfax, East of Broadway) Active # of Homes/Condos:  973 / 316 Sold # of Homes/Condos:  277 / 17 Average List Price:  $267,883 / $377,485 Average Sold Price:  $151,645 / $165,765 Average Days on Market:  84 / 102 Sold to Original Price Differential:  -7% / -6%

DENVER NORTHWEST: (North of Colfax, West of Broadway) Active # of Homes/Condos:  365 / 177 Sold # of Homes/Condos:  68 / 7 Average List Price:  $352,766 / $400,558 Average Sold Price:  $250,934 / $335,950 Average Days on Market:  84 / 126 Sold to Original Price Differential:  -3% / -17%

DENVER SOUTHEAST: (South of Colfax, East of Broadway) Active # of Homes/Condos:  1,327 / 1,046 Sold # of Homes/Condos:  168 / 119 Average List Price:  $782,565 / $448,383 Average Sold Price:  $363,44 / $171,079 Average Days on Market:  125 / 145 Sold to Original Price Differential:  -11% / -9%

DENVER SOUTHWEST: (South of Colfax, West of Broadway) Active # of Homes/Condos:  549 / 160 Sold # of Homes/Condos:  185 / 30 Average List Price:  $178,631 / $279,212 Average Sold Price:  $108,454 / $130,870 Average Days on Market:  77 / 120 Sold to Original Price Differential:  -8% / 11%

DENVER DOWNTOWN: Active # of Homes/Condos:  9 / 312 Sold # of Homes/Condos:  1 / 28 Average List Price:  $989,056 / $678,197 Average Sold Price:  $399,000 / $574,166 Average Days on Market:  640 / 192 Sold to Original Price Differential:  -20% / -15%

Information taken from residendtial and condominium properties sold and recorded in the Denver MLS during December 31, 2008.  Homes listed in the MLS are not representative of all homes sold.  For this reason, sold information is deemed reliable, but not guaranteed.