Area Identifier/Residential Area: This is a three character representation and description for a geographical area.    Should you need to cross reference what area of Denver a residential identifier covers, you may view the image map.

Number of Active Homes: This represents the number of homes that are currently for sale in a given area as of the date of the report.

Average Price of Active Homes:  This represents the average price of homes that are currently for sale in a given area as of the date of the report.

Number of Homes Sold:  This represents the actual number of homes that have been sold and closed with a buyer to the current date of this report.

Average Sold Home Price: This important key information identifies the average price a home was sold for in the residential area specified.  

Average Days on Market: This important key information identifies the average number of days a home was on the market for sale in the residential area specified before it was sold.  The shorter time on market represents a selling market and usually translates to buyers paying close to 100% of asking price.  The longer time on market represents a buyers market and usually give the buyer more leverage in negotiating price or other terms.