fcbr's 2014 november housing report

October 2014 Activity Snapshot

One-Year Change in One-Year Change in

Single FamilySold Listings

Single FamilyDays On Market

2

Monthly Indicators

+ 12.3% + 10.1% + 11.3%One-Year Change in

Even while the pace of home price acceleration normalizes, housing has shown recent signs of ongoing strength. Both housing starts and future building permits are on the rise nationally. Inventory levels are increasing in most metro areas, driven higher by rising prices and more confident sellers. Homes are still selling quickly and for close to or even above list price.

New Listings were up 3.1 percent for single family homes and 41.3 percent for townhouse-condo properties. Pending sales clocked in at 244 for single family

Single FamillyMedian Sales Price

Residential real estate activity in Area 9, comprised of single-family properties, townhomes and condominiums. Percent changes are calculated using rounded figures.

Single Family Activity Overview 23456789

101112131415

Click on desired metric to jump to that page.

homes and 59 for townhouse-condo properties.

The Median Sales Price was up 11.3 percent to $283,800 for single family homes and 30.7 percent to $207,750 for townhouse-condo properties. Months Supply of Inventory stood at 2.2 for single family units and 1.1 months for townhouse-condo units.

Interest rates remain attractive, even as Federal Reserve banter is finally hinting that quantitative easing is reaching its fateful conclusion. Colorado's robust and diverse economy can stand proudly on its own two feet. In fact, a recent study recently ranked the state's economy as the top performer in the nation. The Denver-Aurora metro area has the second-lowest unemployment rate of any major metro area, just a hair behind Minneapolis-St. Paul.

Single Family Activity Overview

All Properties Activity Overview

Current as of November 6, 2014. All data from IRES, LLC. Powered by 10K Research and Marketing.

Townhouse-Condo Activity Overview

Days on Market Until SaleHousing Affordability IndexAll Properties Activity OverviewSold Listings and Inventory by Price RangeGlossary of Terms

New ListingsPending SalesSold ListingsMedian Sales PriceAverage Sales PricePercent of List Price Received

Single Family Activity OverviewKey metrics for Single Family by report month and for year-to-date (YTD) starting from the first of the year.

Key Metrics Historical Sparkbars 10-2013 10-2014 Percent Change YTD-2013 YTD-2014 Percent Change

-- --

Sold Listings 260 292 + 12.3% 2,801 2,746 - 2.0%

Median Sales Price $255,000 $283,800 + 11.3% $261,950 $277,500 + 5.9%

- 5.5%

Pending Sales 227 244 + 7.5% 2,829 2,906 + 2.7%

New Listings 254 262 + 3.1% 3,641 3,441

Under Contract Not enough historical data for chart -- -- -- --

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

-- --

Current as of November 6, 2014. All data from IRES, LLC. Powered by 10K Research and Marketing. | Click for Cover Page | 2

-- --

Months Supply Not enough historical data for chart -- 2.2 -- --

Active Listings Not enough historical data for chart -- 579 -- --

Affordability Index 131 122 - 6.9% 128 125 - 2.3%

Pct. of List Price Received 98.7% 99.4% + 0.7% 98.9% 99.2% + 0.3%

Avg. Sales Price $302,442 $325,299 + 7.6% $299,010 $319,504

Days on Market 79 87 + 10.1% 80 80 0.0%

+ 6.9%

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

Townhouse-Condo Activity OverviewKey metrics for Townhouse-Condo by report month and for year-to-date (YTD) starting from the first of the year.


-- --

Sold Listings 46 72 + 56.5% 681 731 + 7.3%


+ 8.3%

Pending Sales 65 59 - 9.2% 730 782 + 7.1%

New Listings 46 65 + 41.3% 779 844


10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

-- --


-- --





Avg. Sales Price $165,129 $232,603 + 40.9% $178,038 $196,345

Days on Market 55 81 + 47.3% 74 65 - 12.2%

+ 10.3%

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

New Listings

New ListingsSingleFamily

Year-Over-YearChange

Townhouse-Condo


Nov-2013 199 +2.6% 45 -6.3%

Dec-2013 143 +3.6% 32 +23.1%

Jan-2014 283 +5.6% 64 +28.0%

Feb-2014 272 -7.8% 59 -10.6%

Mar-2014 333 -9.0% 100 +26.6%

Apr-2014 462 +20.9% 86 -25.2%

May-2014 424 -17.5% 86 -1.1%

Jun-2014 446 -7.9% 101 +13.5%

Jul-2014 366 -11.6% 114 +17.5%

Aug-2014 321 -11.8% 106 +19.1%

Sep-2014 272 -9.3% 63 +3.3%

Oct-2014 262 +3.1% 65 +41.3%

12-Month Avg 315 -4.8% 77 +8.0%

A count of the properties that have been newly listed on the market in a given month.

263

67

254

46

262

65

October

3,264

761

3,641

779

3,441

844

Year to Date

2012 2013 2014

+ 41 3%- 31 3%+ 3 1%3 4% + 2 4%5 5%+ 11 6% + 8 3%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 24 1% + 7 4% + 13 6%+ 109 4%12 Month Avg 315 4.8% 77 +8.0%

Historical New Listings by Month


Single Family Townhouse-Condo

0

100

200

300

400

500

600

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014



2012 2013 2014

+ 41.3%- 31.3%+ 3.1%- 3.4% + 2.4%- 5.5%+ 11.6% + 8.3%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 24.1% + 7.4% + 13.6%+ 109.4%

Pending Sales

Pending SalesSingleFamily


Townhouse-Condo


Nov-2013 199 +9.3% 48 +9.1%

Dec-2013 150 -9.6% 27 -18.2%

Jan-2014 227 -4.6% 59 +11.3%

Feb-2014 245 -4.3% 60 +5.3%

Mar-2014 333 +0.6% 95 +25.0%

Apr-2014 356 +13.7% 73 -34.8%

May-2014 320 -10.4% 81 -6.9%

Jun-2014 350 +0.3% 91 +18.2%

Jul-2014 308 +4.1% 110 +54.9%

Aug-2014 255 +4.1% 91 +15.2%

Sep-2014 268 +23.5% 63 +18.9%

Oct-2014 244 +7.5% 59 -9.2%

12-Month Avg 271 +2.5% 71 +6.2%

A count of the properties on which offers have been accepted in a given month.

220

52

227

65

244

59

October

2,546

637

2,829

730

2,906

782

Year to Date

2012 2013 2014

- 9 2%+ 25 0%+ 7 5%+ 3 2% + 14 6%+ 2 7%+ 11 1% + 7 1%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 33 3% + 23 9% + 20 6%+ 33 3%12 Month Avg 271 +2.5% 71 +6.2%

Historical Pending Sales by Month



0

100

200

300

400

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014



2012 2013 2014

- 9.2%+ 25.0%+ 7.5%+ 3.2% + 14.6%+ 2.7%+ 11.1% + 7.1%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 33.3% + 23.9% + 20.6%+ 33.3%

Sold Listings

Sold ListingsSingleFamily


Townhouse-Condo


Nov-2013 204 -4.2% 54 +8.0%

Dec-2013 236 +34.1% 61 +24.5%

Jan-2014 146 -13.6% 32 -5.9%

Feb-2014 170 -7.1% 51 +27.5%

Mar-2014 233 -13.1% 61 +19.6%

Apr-2014 284 0.0% 78 +18.2%

May-2014 360 +10.1% 76 -25.5%

Jun-2014 346 +5.2% 87 -2.2%

Jul-2014 337 -14.0% 87 -6.5%

Aug-2014 311 -9.6% 98 +24.1%

Sep-2014 267 +9.0% 89 +9.9%

Oct-2014 292 +12.3% 72 +56.5%

12-Month Avg 266 -0.1% 71 +8.5%

A count of the actual sales that closed in a given month.

226

49

260

46

292

72

October

2,410

604

2,801

681

2,746

731

Year to Date

2012 2013 2014

+ 56 5%- 6 1%+ 12 3%+ 15 0% + 12 7%2 0%+ 16 2% + 7 3%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 32 9% + 22 6% + 16 6%+ 19 5%12 Month Avg 266 0.1% 71 +8.5%

Historical Sold Listings by Month



0

100

200

300

400

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014



2012 2013 2014

+ 56.5%- 6.1%+ 12.3%+ 15.0% + 12.7%- 2.0%+ 16.2% + 7.3%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 32.9% + 22.6% + 16.6%+ 19.5%

Median Sales Price

Median Sales PriceSingleFamily


Townhouse-Condo


Nov-2013 $259,450 +3.0% $167,500 +0.6%

Dec-2013 $256,945 +4.9% $186,250 +9.6%

Jan-2014 $249,050 -0.6% $184,500 +1.7%

Feb-2014 $250,725 +3.2% $179,601 +22.4%

Mar-2014 $256,000 +0.4% $160,000 -1.5%

Apr-2014 $279,000 +6.7% $180,500 +13.0%

May-2014 $286,000 +7.9% $175,000 +11.1%

Jun-2014 $276,250 +0.8% $179,000 +0.6%

Jul-2014 $290,000 +6.6% $181,000 +13.9%

Aug-2014 $285,000 +6.4% $175,000 +4.2%

Sep-2014 $287,000 +10.4% $208,000 +6.7%

Oct-2014 $283,800 +11.3% $207,750 +30.7%

12-Month Avg* $275,000 +5.8% $181,691 +8.2%

Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.

$245,000

$165,200

$255,000

$159,000

$283,800

$207,750

October

$245,074

$152,250

$261,950

$167,900

$277,500

$182,000

Year to Date

2012 2013 2014

+ 30 7%- 3 8%+ 11 3%+ 4 1% + 10 3%+ 5 9%+ 6 9% + 8 4%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 3 6% + 3 4% 0 1%+ 25 2%12 Month Avg $275,000 +5.8% $181,691 +8.2%

Historical Median Sales Price by Month* Median Sales Price for all properties from November 2013 through October 2014. This is not the average of the individual figures above.



$125,000

$150,000

$175,000

$200,000

$225,000

$250,000

$275,000

$300,000

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014



2012 2013 2014

+ 30.7%- 3.8%+ 11.3%+ 4.1% + 10.3%+ 5.9%+ 6.9% + 8.4%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 3.6% + 3.4% - 0.1%+ 25.2%

Average Sales Price

Avg. Sales PriceSingleFamily


Townhouse-Condo


Nov-2013 $306,012 +10.3% $185,801 +8.8%

Dec-2013 $305,645 +3.8% $201,100 +6.6%

Jan-2014 $295,825 +2.7% $205,325 +9.8%

Feb-2014 $286,294 -1.1% $187,404 +16.0%

Mar-2014 $296,832 +5.0% $176,185 +1.5%

Apr-2014 $317,243 +9.8% $192,667 +17.7%

May-2014 $337,091 +16.2% $191,299 +9.5%

Jun-2014 $314,397 +1.3% $187,686 -4.5%

Jul-2014 $330,556 +4.7% $192,105 +13.6%

Aug-2014 $329,210 +9.0% $188,734 +9.5%

Sep-2014 $327,124 +7.1% $211,249 +3.7%

Oct-2014 $325,299 +7.6% $232,603 +40.9%

12-Month Avg* $317,613 +6.8% $196,015 +10.0%

Average sales price for all closed sales, not accounting for seller concessions, in a given month.

$281,747

$189,530

$302,442

$165,129

$325,299

$232,603

October

2012 2013 2014

+ 40 9%- 12 9%+ 7 6%+ 7 3%2012 2013 2014

+ 1 8% + 36 5%

$280,772

$162,474

$299,010

$178,038

$319,504

$196,345

Year to Date

+ 10 3%+ 9 6%2012 2013 2014 2012 2013 2014

+ 6 9%+ 6 5%+ 2 7% + 5 0%12 Month Avg $317,613 +6.8% $196,015 +10.0%

Historical Average Sales Price by Month* Avg. Sales Price for all properties from November 2013 through October 2014. This is not the average of the individual figures above.



$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014


2012 2013 2014

+ 40.9%- 12.9%+ 7.6%+ 7.3%2012 2013 2014

+ 1.8% + 36.5%


+ 10.3%+ 9.6%2012 2013 2014 2012 2013 2014

+ 6.9%+ 6.5%+ 2.7% + 5.0%

Percent of List Price Received

Pct. of List Price Received

SingleFamily


Townhouse-Condo


Nov-2013 98.3% +0.2% 97.6% -0.5%

Dec-2013 98.5% +1.1% 99.0% +1.1%

Jan-2014 98.0% +0.1% 98.0% -0.4%

Feb-2014 98.9% +0.8% 98.6% +0.2%

Mar-2014 98.6% -0.3% 98.9% 0.0%

Apr-2014 99.5% +0.5% 100.0% +1.1%

May-2014 99.4% +0.2% 99.9% +0.7%

Jun-2014 99.5% +0.2% 99.5% +0.4%

Jul-2014 99.6% +0.5% 99.5% +0.1%

Aug-2014 99.1% +0.2% 99.2% +0.1%

Sep-2014 98.9% -0.1% 99.7% +0.1%

Oct-2014 99.4% +0.7% 99.5% +1.1%

12-Month Avg* 98.8% +0.3% 98.9% +0.3%

Percentage found when dividing a property’s sales price by its most recent list price, then taking the average for all properties sold in a given month, not accounting for seller concessions.

98.3% 98.0%98.7% 98.4%99.4% 99.5%

October

98.4% 97.8%98.9% 99.1%99.2% 99.4%

Year to Date

2012 2013 2014

+ 1 1%+ 0 4%+ 0 7%+ 0 4% + 1 3%+ 0 3%+ 0 5% + 0 3%2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 0 4% + 0 8% + 0 4%+ 1 4%12 Month Avg 98.8% +0.3% 98.9% +0.3%

Historical Percent of List Price Received by Month* Pct. of List Price Received for all properties from November 2013 through October 2014. This is not the average of the individual figures above.



94%

95%

96%

97%

98%

99%

100%

101%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014



2012 2013 2014

+ 1.1%+ 0.4%+ 0.7%+ 0.4% + 1.3%+ 0.3%+ 0.5% + 0.3%2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 0.4% + 0.8% + 0.4%+ 1.4%

Days on Market Until Sale

Days on MarketSingleFamily


Townhouse-Condo


Nov-2013 85 -19.8% 71 +18.3%

Dec-2013 99 -6.6% 104 +31.6%

Jan-2014 103 -1.0% 97 +16.9%

Feb-2014 95 -18.1% 60 -51.2%

Mar-2014 90 +7.1% 66 -9.6%

Apr-2014 76 -8.4% 64 -5.9%

May-2014 76 +7.0% 60 -22.1%

Jun-2014 80 +5.3% 56 -11.1%

Jul-2014 64 -8.6% 47 -24.2%

Aug-2014 81 +3.8% 47 -26.6%

Sep-2014 75 +10.3% 95 +3.3%

Oct-2014 87 +10.1% 81 +47.3%

12-Month Avg 82 -1.4% 68 -6.5%

Average number of days between when a property is listed and when an offer is accepted in a given month.

105112

79

55

8781

October

102

93

8074

80

65

Year to Date

2012 2013 2014

+ 47 3%- 50 9%+ 10 1%24 8% 20 4%0 0%21 6% 12 2%

2012 2013 2014 2012 2013 2014 2012 2013 2014

10 3% 9 7% 23 8%+ 10 9%12 Month Avg 82 1.4% 68 6.5%

Historical Days on Market Until Sale by Month* Days on Market for all properties from November 2013 through October 2014. This is not the average of the individual figures above.



25

50

75

100

125

150

175

200

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014



2012 2013 2014

+ 47.3%- 50.9%+ 10.1%- 24.8% - 20.4%0.0%- 21.6% - 12.2%

2012 2013 2014 2012 2013 2014 2012 2013 2014

- 10.3% - 9.7% - 23.8%+ 10.9%

Housing Affordability Index

Affordability IndexSingleFamily


Townhouse-Condo


Nov-2013 136 -6.8% 211 -5.0%

Dec-2013 131 -13.8% 181 -17.4%

Jan-2014 132 -9.6% 179 -10.9%

Feb-2014 133 -9.5% 186 -23.8%

Mar-2014 131 -6.4% 210 -4.1%

Apr-2014 120 -13.7% 185 -18.5%

May-2014 120 -9.1% 196 -11.7%

Jun-2014 124 +2.5% 191 +2.7%

Jul-2014 118 -3.3% 189 -10.0%

Aug-2014 120 -2.4% 196 0.0%

Sep-2014 119 -7.0% 164 -4.1%

Oct-2014 122 -6.9% 167 -20.5%

12-Month Avg 126 -10.0% 136 -20.7%

This index measures housing affordability for the region. An index of 120 means the median household income is 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.

150

222

131

210

122

167

October

2012 2013 2014

20 5%5 4%6 9%12 7%2012 2013 2014

+ 4 2% 13 6%

150

241

128

199

125

190

Year to Date

4 5%- 17 4%2 3%14 7%+ 4 9% + 8 1%2012 2013 2014 2012 2013 2014 12 Month Avg 126 10.0% 136 20.7%

Historical Housing Affordability Index by Month



100

125

150

175

200

225

250

275

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014


2012 2013 2014

- 20.5%- 5.4%- 6.9%- 12.7%2012 2013 2014

+ 4.2% - 13.6%


- 4.5%- 17.4%- 2.3%- 14.7%+ 4.9% + 8.1%2012 2013 2014 2012 2013 2014

All Properties Activity OverviewKey metrics by report month and for year-to-date (YTD) starting from the first of the year.


-- --

Sold Listings 306 364 + 19.0% 3,482 3,477 - 0.1%


- 3.1%

Pending Sales 292 303 + 3.8% 730 782 + 7.1%

New Listings 300 327 + 9.0% 4,420 4,285


10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

-- --


-- --





Avg. Sales Price $281,800 $306,913 + 6.6% $275,344 $293,604

Days on Market 75 86 - 2.5% 79 77 - 2.5%

+ 6.6%

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

10-2011 10-2012 10-2013 10-2014

Sold Listings

By Price Range 10-2013 10-2014 Change 10-2013 10-2014 Change 8-2014 10-2014 Change 8-2014 10-2014 Change 10-2013 10-2014 Change 10-2013 10-2014 Change$99,999 and Below 35 26 - 25.7% 41 24 - 41.5% 3 3 0.0% 2 2 0.0% 30 25 - 16.7% 34 19 - 44.1%$100,000 to $199,999 470 298 - 36.6% 511 480 - 6.1% 25 23 - 8.0% 59 31 - 47.5% 398 232 - 41.7% 452 412 - 8.8%$200,000 to $299,999 1,556 1,560 + 0.3% 191 288 + 50.8% 145 142 - 2.1% 35 30 - 14.3% 1,359 1,350 - 0.7% 162 256 + 58.0%$300,000 to $399,999 654 740 + 13.1% 21 41 + 95.2% 76 73 - 3.9% 1 6 + 500.0% 593 654 + 10.3% 19 34 + 78.9%$400,000 to $499,999 245 272 + 11.0% 12 8 - 33.3% 32 29 - 9.4% 1 0 - 100.0% 215 233 + 8.4% 11 5 - 54.5%$500,000 to $699,999 169 202 + 19.5% 4 4 0.0% 18 11 - 38.9% 0 2 -- 151 172 + 13.9% 3 4 + 33.3%$700,000 to $999,999 51 70 + 37.3% 0 1 -- 8 8 0.0% 0 1 -- 47 64 + 36.2% 0 1 --$1,000,000 to $1,999,999 9 17 + 88.9% 0 0 -- 4 3 - 25.0% 0 0 -- 8 15 + 87.5% 0 0 --$2,000,000 and Above 1 1 0.0% 0 0 -- 0 0 -- 0 0 -- 0 1 -- 0 0 --All Price Ranges 3,190 3,186 - 0.1% 780 846 + 8.5% 311 292 - 6.1% 98 72 - 26.5% 2,801 2,746 - 2.0% 681 731 + 7.3%

Actual sales that have closed in a given quarter.

Rolling 12 Months Compared to Prior Month Year to DateSingle Family Condo Single Family Condo Single Family Condo

3,190

780

3,9703,186

846

4,032

Singe Family Townhouse-Condo All Properties

By Property Type 10-2013 10-2014

76

981

1,747

675257 173 51 9 150

778

1,848

781280 206 71 17 1

< $100K $100K to $199K $200K to $299K $300K to $399K $400K to $499K $500K to $599K $700K to $799K $1.0M to $1.9M $2.0M+

By Price Range – All Properties – Rolling 12 Months 10-2014 10-2013

0.0%- 34.2% - 20.7% + 5.8% + 15.7% + 88.9%+ 8.9% + 19.1% + 39.2% - 0.1% + 8.5% + 1.6%

Inventory of Active Listings

By Price Range 10-2013 10-2014 Change 10-2013 10-2014 Change 8-2014 10-2014 Change 8-2014 10-2014 Change$99,999 and Below -- -- -- -- -- -- -- -- -- -- -- --$100,000 to $199,999 -- -- -- -- -- -- -- -- -- -- -- --$200,000 to $299,999 -- -- -- -- -- -- -- -- -- -- -- --$300,000 to $399,999 -- -- -- -- -- -- -- -- -- -- -- --$400,000 to $499,999 -- -- -- -- -- -- -- -- -- -- -- --$500,000 to $699,999 -- -- -- -- -- -- -- -- -- -- -- --$700,000 to $999,999 -- -- -- -- -- -- -- -- -- -- -- --$1,000,000 to $1,999,999 -- -- -- -- -- -- -- -- -- -- -- --$2,000,000 and Above -- -- -- -- -- -- -- -- -- -- -- --All Price Ranges -- -- -- -- -- -- -- -- -- -- -- --

There are no year-to-date figures for inventory because it is simply a

snapshot frozen in time at the end of each month. It does not add up over a

period of months.


A measure of the number of homes available for sale at a given time.

Rolling 12 Months Compared to Prior Month Year to DateSingle Family Condo Single Family Condo Single Family Condo

Not enough historical data for chart. At some point in the near future, this section should be full.

Singe Family Townhouse-Condo All Properties

By Property Type

< $100K $100K to $199K $200K to $299K $300K to $399K $400K to $499K $500K to $599K $700K to $799K $1.0M to $1.9M $2.0M+

By Price Range – All Properties 10-2013 10-2014

---- -- -- -- ---- -- -- -- ----

Glossary of Terms

New Listings

Pending Sales

Under Contract Activity

Sold Listings

Median Sales Price A measure of home values in a market area where 50% of activity was higher and 50% was lower than this price point.

A research tool provided by the Colorado Association of REALTORS®

A measure of how much new supply is coming onto the market from sellers (e.g., Q3 New Listings are those listings with a system list date from July 1 through September 30).

A count of all the listings that went into Pending status during the reported period. Pending listings are counted at the end of the reported period. Each listing can only be counted one time. If a listing goes into Pending, out of Pending, then back into Pending all in one reported period, this listing would only be counted once. This is the most real-time measure possible for home buyer activity, as it measures signed contracts on sales rather than the actual closed sale. As such, it is called a "leading indicator" of buyer demand.

A count of all listings Under Contract during the reported period. Listings that go Under Contract are counted each day. There is no maximum number of times a listing can be counted as Under Contract. For example, if a listing goes into Under Contract, out of Under Contract, then back into Under Contract all in one reported period, this listing would be counted twice.

A measure of home sales that were closed to completion during the report period.

Average Sales Price

Percent of List Price Received

Days on Market Until Sale

Housing Affordability Index

Active Listings

Months Supply of Inventory


A sum of all home sales prices divided by total number of sales.

A mathematical calculation of the percent difference from last list price and sold price for those listings sold in the reported period.

A sum of all home sales prices divided by total number of sales.

A measure of how affordable a region’s housing is to its consumers. A higher number means greater affordability. The index is based on interest rates, median sales price and average income by county.

A measure of the number of homes available for sale at a given time. The availability of homes for sale has a big effect on supply-demand dynamics and home prices.

A measure of how balanced the market is between buyers and sellers. It is expressed as the number of months it would hypothetically take to sell through all the available homes for sale, given current levels of home sales. A balanced market ranges from 4 to 7 months of supply. A buyer's market has a higher number, reflecting fewer buyers relative to homes for sale. A seller's market has a lower number, reflecting more buyers relative to homes for sale.

fcbr's 2014 november housing report

Documents

single family homes

single family units

townhousecondo properties

percent change ytd

activity snapshot

historical data

townhousecondo units

percent changes