Other home resale data for December:

• Average selling price for resales of existing houses alone dropped 2.5 percent in December, to $274,625, from the prior-year December. There were down 2.43 percent from last November’s $281,466.

• Median sold price for houses inched up 1.81 percent last month, to $225,000, but dipped 3.84 percent from $233,990 in November.

Median is the midpoint between highest and lowest selling price, and is considered a truer measure of price than average by some real estate experts because it’s not skewed by price extremes.

• Average sold price for condos improved 4.02 percent year over year to $166,841 in December. It rose 1.05 percent from November’s $165,113.

• Median sold price for condos rose 6.79 percent in December, to $139,900, year over year, and 11.9 percent from $125,000 last November.

• Average days on the market for houses and condos combined in December rose nearly 30 percent to 115 from 89 in the final month of 2009.

• Median sold price for existing houses in all of 2010 rose 7.31 percent to $235,000 from $219,000 in ’09.

• Median sold prices for condos last year ticked up .74 percent to $136,000 from $135,000 the previous year.

• Average days on the market for houses and condos combined in 2010 decreased 6.12 percent to 92 from 98 in ’09.

Based in Greenwood Village, Metrolist is the Denver area’s Multiple Listing Services, providing home-sale data to real estate professionals
Read more: Denver-area home resales up in December | Denver Business Journal