DENVER–The average price of a condo sold and closed in the Denver area in November rose to $182,445, up slightly from October, shows a report by Coldwell Banker Residential. And the average price of a condo sold is up 4% from November 2003.

Year-to-date, the average price of a condo is $180,701, compared with $174,658 in the first 11 months of the year. The median, or middle price, of a condo, fell to $156,000 from $159,000 in October. The median price tends to be less skewed by a few, expensive sales, so is considered a better indicator of the market than the average price.

The median price in November is up slightly from the year before inNovember, when it stood at $155,000. Year-to-date, the median price of a condo is $157,000, compared with $154,000 for first 11 months of 2003.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.