Commercial real estate brokers in Denver increasingly arefollowing the residential sales market to gauge the overalleconomy, hence the outlook for the office, industrial and retailmarkets.

The median price of a condo was $143,552 in November, just aslight shift upward from $143,250 a year ago. So far this year,11,058 condos have sold in comparison to 33,295 single-familyhomes.

"We have been predicting a greater market share fortownhome/condominiums, because prices of single family homes haveoutstripped some buying families," McGuire tells GlobeSt.com. "Eventhough the number of total sales are about the same throughNovember, attached housing accounts for 556 more units than lastyear and we have already set a dollar-volume record of just $1.8billion. Not bad for a 'collapsing market.'" The total dollarvolume of all housing sales through November equals $10.3 billion,compared to the all-time record of $10.8 billion in all oflast year.