monthly indicators€¦ · current as of april 10, 2015. all data from the aspen/glenwood springs...
TRANSCRIPT
April 2015 Activity SnapshotPercent changes calculated using year-over-year comparisons.
One-Year Change in One-Year Change in
Sold ListingsAll Properties
Median Sales PriceAll Propterties
23456789
10111213141516
Townhouse-Condo Market Overview
Percent of List Price ReceivedDays on Market Until SaleHousing Affordability IndexInventory of Active Listings
Total Market Overview
New ListingsPending SalesSold ListingsMedian Sales PriceAverage Sales Price
Sold Listings and Inventory by Price RangeGlossary of Terms
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing.
Monthly Indicators
+ 10.7% + 16.2% - 14.9%One-Year Change in
New Listings were up 22.8 percent for single family homes but decreased 13.6 percent for townhouse-condo properties. Pending Sales increased 29.0 percent for single family homes and 43.8 percent for townhouse-condo properties.
The Median Sales Price was up 25.5 percent to $510,000 for single family homes but decreased 4.2 percent to $562,500 for townhouse-condo properties. Days on Market increased 4.3 percent for single family homes and 30.2 percent for condo properties.
The national homeownership percentage is the lowest since 1993, when Jurassic Park was the highest-grossing movie. Rental prices continue to astonish with accelerated price growth, which may cause some to think twice before locking in a 12-month lease. Lending practices and mortgage rates will also have a decided effect on the number of buyers who will become homeowners this year. With the release of Jurassic World this month, we are reminded of cyclical conversations in both real estate and moviemaking.
Active ListingsAll Properties
Residential real estate activity in Pitkin, Eagle, Garfield, Gunnison, Mesa, Delta and Moffat Counties, comprised of single-family properties, townhomes and condominiums. Percent changes are calculated using rounded figures.
Single Family Market Overview
Months Supply of Inventory
Single Family Market Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics Historical Sparkbars 4-2014 4-2015 Percent Change YTD 2014 YTD 2015 Percent Change
+ 19.7%456
197 + 12.6%
$456,000 + 10.5%
+ 28.6%
Pending Sales 69 89 + 29.0% + 34.4%212 285
New Listings 127 156 + 22.8% 381
Sold Listings 60 70 + 16.7% 175
Median Sales Price $406,250 $510,000 + 25.5% $412,500
95.3% + 0.5%
$1,685,938
122 - 4.7%
Pct. of List Price Received 95.1% 94.9% - 0.2% 94.8%
Avg. Sales Price $1,404,570 $2,017,141 + 43.6% $1,311,105
Days on Market 141 147 + 4.3% 128
Affordability Index 82 72 - 12.2% 81
--
81 0.0%
--
-- --
--Active Listings 667 609 - 8.7% --
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 2
Months Supply 11.0 9.2 - 16.4%
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
Townhouse-Condo Market Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics Historical Sparkbars 4-2014 4-2015 Percent Change YTD 2014 YTD 2015 Percent Change
- 1.0%
Pending Sales 48 69 + 43.8% 181 237 + 30.9%
New Listings 88 76 - 13.6% 295 292
Sold Listings 52 54 + 3.8% 145 168 + 15.9%
Median Sales Price $587,000 $562,500 - 4.2% $460,000 $543,000 + 18.0%
+ 13.8%
95.6% + 0.2%
$1,150,956
174 + 20.0%
Pct. of List Price Received 95.6% 95.8% + 0.2% 95.4%
Avg. Sales Price $1,342,219 $906,008 - 32.5% $1,011,423
Days on Market 126 164 + 30.2% 145
Affordability Index 64 74 + 15.6% 80
--
76 - 5.0%
--
-- --
--Active Listings 529 408 - 22.9% --
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 3
Months Supply 12.7 9.3 - 26.8%
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
New Listings
New ListingsSingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
May-2014 153 +11.7% 54 -16.9%
Jun-2014 198 -0.5% 91 -11.7%
Jul-2014 151 +29.1% 78 +39.3%
Aug-2014 104 +4.0% 59 -21.3%
Sep-2014 80 +21.2% 42 +35.5%
Oct-2014 71 +14.5% 60 +9.1%
Nov-2014 67 +9.8% 43 -57.0%
Dec-2014 71 +26.8% 51 -7.3%
Jan-2015 75 +13.6% 63 -10.0%
Feb-2015 102 +29.1% 77 +30.5%
Mar-2015 123 +12.8% 76 -2.6%
Apr-2015 156 +22.8% 76 -13.6%
12-Month Avg 113 +14.6% 64 -7.8%
Historical New Listings by Month
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 4
124
46
127
88
156
76
Single Family Townhouse-Condo
April
0
50
100
150
200
250
1-2010 5-2010 9-2010 1-2011 5-2011 9-2011 1-2012 5-2012 9-2012 1-2013 5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
Single Family Townhouse-Condo
365
222
381
295
456
292
Single Family Townhouse-Condo
Year to Date
- 13.6%+ 91.3%+ 22.8%+ 2.4% + 32.9%+ 19.7%+ 4.4% - 1.0%- 2.4% - 18.2% - 10.5%+ 2.2%
Apr-15Apr-14Apr-15Apr-14 Apr-14Apr-15Apr-14 Apr-15Apr-13 Apr-13 Apr-13Apr-13
Pending Sales
Pending SalesSingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
May-2014 73 +32.7% 38 -25.5%
Jun-2014 74 +19.4% 33 -2.9%
Jul-2014 85 +4.9% 56 +24.4%
Aug-2014 89 +18.7% 54 +10.2%
Sep-2014 79 +17.9% 50 +92.3%
Oct-2014 73 +15.9% 32 -8.6%
Nov-2014 45 -2.2% 28 -33.3%
Dec-2014 40 +14.3% 43 +72.0%
Jan-2015 49 +63.3% 47 +17.5%
Feb-2015 67 +26.4% 54 +22.7%
Mar-2015 80 +33.3% 67 +36.7%
Apr-2015 89 +29.0% 69 +43.8%
12-Month Avg 70 +21.1% 48 +17.0%
Historical Pending Sales by Month
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 5
71
47
69
48
89
69
Single Family Townhouse-Condo
April
0
20
40
60
80
100
1-2010 5-2010 9-2010 1-2011 5-2011 9-2011 1-2012 5-2012 9-2012 1-2013 5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
Single Family Townhouse-Condo
240
206212
181
285
237
Single Family Townhouse-Condo
Year to Date
+ 43.8%+ 2.1%+ 29.0%- 2.8% - 12.1%+ 34.4%- 11.7% + 30.9%- 6.6% - 15.8% + 15.1%+ 14.6%Apr-15Apr-14Apr-15Apr-14 Apr-14Apr-15Apr-14 Apr-15Apr-13 Apr-13 Apr-13Apr-13
Sold Listings
Sold ListingsSingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
May-2014 75 -5.1% 48 -4.0%
Jun-2014 72 +28.6% 41 -10.9%
Jul-2014 72 +5.9% 42 -8.7%
Aug-2014 70 -12.5% 44 -10.2%
Sep-2014 90 +7.1% 49 -3.9%
Oct-2014 80 +14.3% 49 +25.6%
Nov-2014 69 +4.5% 35 +34.6%
Dec-2014 67 +28.8% 49 0.0%
Jan-2015 39 +50.0% 27 +28.6%
Feb-2015 38 +5.6% 36 +12.5%
Mar-2015 50 -5.7% 51 +27.5%
Apr-2015 70 +16.7% 54 +3.8%
12-Month Avg 66 +8.5% 44 +4.8%
Historical Sold Listings by Month
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 6
60
52
60
52
70
54
Single Family Townhouse-Condo
April
0
20
40
60
80
100
1-2010 5-2010 9-2010 1-2011 5-2011 9-2011 1-2012 5-2012 9-2012 1-2013 5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
Single Family Townhouse-Condo
197182175
145
197
168
Single Family Townhouse-Condo
Year to Date
+ 3.8%0.0%+ 16.7%0.0% - 20.3%+ 12.6%- 11.2% + 15.9%0.0% - 15.1% + 26.4%+ 15.6%Apr-15Apr-14Apr-15Apr-14 Apr-14Apr-15Apr-14 Apr-15Apr-13 Apr-13 Apr-13Apr-13
Median Sales Price
Median Sales Price
SingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
May-2014 $515,000 +35.5% $377,500 -15.0%
Jun-2014 $484,500 +38.6% $369,000 +16.2%
Jul-2014 $378,500 -5.4% $342,000 -14.5%
Aug-2014 $493,750 +32.7% $347,000 +0.6%
Sep-2014 $540,500 +35.3% $572,000 +5.9%
Oct-2014 $475,000 +0.8% $399,000 +3.0%
Nov-2014 $427,000 +0.6% $450,000 -8.6%
Dec-2014 $455,500 +20.5% $438,000 +28.8%
Jan-2015 $420,000 +9.9% $335,000 -1.5%
Feb-2015 $374,500 -23.2% $385,000 -2.6%
Mar-2015 $458,000 +1.8% $650,000 +40.0%
Apr-2015 $510,000 +25.5% $562,500 -4.2%
12-Month Avg 461,021 +12.9% 435,583 +3.4%
Historical Median Sales Price by Month* Median Sales Price for all properties from May 2014 through April 2015. This is not the average of the individual figures above.
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 7
$345,000$327,500
$406,250
$587,000
$510,000
$562,500
Single Family Townhouse-Condo
April
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
1-2010 5-2010 9-2010 1-2011 5-2011 9-2011 1-2012 5-2012 9-2012 1-2013 5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
Single Family Townhouse-Condo
$339,950$319,000
$412,500
$460,000$456,000
$543,000
Single Family Townhouse-Condo
Year to Date
- 4.2%+ 79.2%+ 25.5%+ 17.8% + 44.2%+ 10.5%+ 21.3% + 18.0%+ 32.7% + 16.7% + 69.4%+ 45.6%Apr-15Apr-14Apr-15Apr-14 Apr-14Apr-15Apr-14 Apr-15Apr-13 Apr-13 Apr-13Apr-13
Average Sales Price
Avg. Sales PriceSingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
May-2014 $1,787,988 +89.0% $1,270,299 +40.6%
Jun-2014 $948,325 -25.1% $620,704 -0.2%
Jul-2014 $860,657 +10.4% $700,558 -13.0%
Aug-2014 $1,352,256 +15.5% $798,934 -5.7%
Sep-2014 $2,075,746 +26.6% $980,430 +1.3%
Oct-2014 $1,446,443 +8.0% $837,885 +1.2%
Nov-2014 $1,500,348 +17.6% $1,401,154 +45.7%
Dec-2014 $1,259,463 +42.6% $1,041,224 +28.7%
Jan-2015 $1,775,438 +142.4% $1,590,780 +156.1%
Feb-2015 $1,240,211 -34.6% $1,420,397 +39.5%
Mar-2015 $1,491,195 +36.6% $982,468 +25.8%
Apr-2015 $2,017,141 +43.6% $906,008 -32.5%
12-Month Avg 1,479,601 +23.1% 1,045,903 +19.5%
Historical Average Sales Price by Month* Avg. Sales Price for all properties from May 2014 through April 2015. This is not the average of the individual figures above.
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 8
$1,090,439
$712,694
$1,404,570$1,342,219
$2,017,141
$906,008
Single Family Townhouse-Condo
April
$932,646
$580,325
$1,311,105
$1,011,423
$1,685,938
$1,150,956
Single Family Townhouse-Condo
Year to Date
- 32.5%+ 88.3%+ 43.6%+ 28.8% + 74.3%+ 28.6%+ 40.6% + 13.8%- 8.9% - 2.0% - 7.0%+ 84.1%Apr-15Apr-14Apr-15Apr-14 Apr-14Apr-15Apr-14 Apr-15Apr-13 Apr-13 Apr-13Apr-13
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
1-2010 5-2010 9-2010 1-2011 5-2011 9-2011 1-2012 5-2012 9-2012 1-2013 5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
Single Family Townhouse-Condo
Percent of List Price Received
Pct. of List Price Received
SingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
May-2014 96.5% -1.2% 95.3% +0.1%
Jun-2014 96.1% -0.7% 94.5% -1.0%
Jul-2014 96.7% -0.8% 96.6% +1.2%
Aug-2014 96.6% +1.7% 96.2% +0.8%
Sep-2014 94.8% +0.1% 95.2% +0.5%
Oct-2014 95.5% +0.1% 95.7% -0.6%
Nov-2014 94.8% -1.3% 96.2% +0.4%
Dec-2014 94.9% -2.1% 95.8% +1.6%
Jan-2015 94.1% -0.9% 95.4% +1.3%
Feb-2015 96.0% +2.5% 95.7% -0.2%
Mar-2015 96.3% +1.3% 95.3% +0.1%
Apr-2015 94.9% -0.2% 95.8% +0.2%
12-Month Avg 95.6% -0.1% 95.7% +0.4%
Historical Percent of List Price Received by Month* Pct. of List Price Received for all properties from May 2014 through April 2015. This is not the average of the individual figures above.
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 9
94.4% 96.4%95.1% 95.6%94.9% 95.8%
Single Family Townhouse-Condo
April
95.0% 96.3%94.8% 95.4%95.3% 95.6%
Single Family Townhouse-Condo
Year to Date
+ 0.2%- 0.8%- 0.2%+ 0.8% - 0.9%+ 0.5%- 0.3% + 0.2%- 0.3% + 1.3% + 2.2%+ 1.3%Apr-15Apr-14Apr-15Apr-14 Apr-14Apr-15Apr-14 Apr-15Apr-13 Apr-13 Apr-13Apr-13
86.0%
88.0%
90.0%
92.0%
94.0%
96.0%
98.0%
1-2010 5-2010 9-2010 1-2011 5-2011 9-2011 1-2012 5-2012 9-2012 1-2013 5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
Single Family Townhouse-Condo
Days on Market Until Sale
Days on Market Until Sale
SingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
May-2014 129 -9.8% 139 -4.1%
Jun-2014 122 +32.6% 138 +2.2%
Jul-2014 100 -15.3% 119 -29.2%
Aug-2014 112 -5.1% 121 -11.0%
Sep-2014 126 -1.6% 169 +26.1%
Oct-2014 122 -8.3% 176 +70.9%
Nov-2014 113 -5.8% 151 -17.5%
Dec-2014 160 -5.9% 152 +22.6%
Jan-2015 95 +66.7% 203 +101.0%
Feb-2015 126 -17.6% 160 -8.6%
Mar-2015 106 -19.1% 178 +5.3%
Apr-2015 147 +4.3% 164 +30.2%
12-Month Avg 122 -3.1% 156 +10.1%
Historical Days on Market Until Sale by Month
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 10
139147
141
126
147
164
Single Family Townhouse-Condo
April
0
100
200
300
400
1-2010 5-2010 9-2010 1-2011 5-2011 9-2011 1-2012 5-2012 9-2012 1-2013 5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
Single Family Townhouse-Condo
132120
128
145
122
174
Single Family Townhouse-Condo
Year to Date
+ 30.2%- 14.3%+ 4.3%+ 1.4% + 20.8%- 4.7%- 3.2% + 20.0%- 16.0% - 19.1% - 7.0%+ 22.5%Apr-15Apr-14Apr-15Apr-14 Apr-14Apr-15Apr-14 Apr-15Apr-13 Apr-13 Apr-13Apr-13
Housing Affordability Index
Housing Affordability Index
SingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
May-2014 67 -27.2% 99 +13.8%
Jun-2014 71 -25.3% 101 -9.0%
Jul-2014 90 +8.4% 107 +17.6%
Aug-2014 70 -20.5% 107 +4.9%
Sep-2014 63 -25.0% 67 -2.9%
Oct-2014 73 +2.8% 95 +1.1%
Nov-2014 81 -2.4% 85 +6.3%
Dec-2014 77 -13.5% 88 -17.0%
Jan-2015 88 +2.3% 118 +13.5%
Feb-2015 99 +43.5% 105 +14.1%
Mar-2015 80 +6.7% 64 -20.0%
Apr-2015 72 -12.2% 74 +15.6%
12-Month Avg 77 -6.8% 92 +2.7%
Historical Housing Affordability Index by Month
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 11
105
119
82
6472 74
Single Family Townhouse-Condo
April
107
122
81 808176
Single Family Townhouse-Condo
Year to Date
+ 15.6%- 46.2%- 12.2%- 21.8% - 34.4%0.0%- 24.1% - 5.0%- 22.7% - 12.1% - 34.4%- 25.6%Apr-15Apr-14Apr-15Apr-14 Apr-14Apr-15Apr-14 Apr-15Apr-13 Apr-13 Apr-13Apr-13
0
50
100
150
200
250
1-2010 5-2010 9-2010 1-2011 5-2011 9-2011 1-2012 5-2012 9-2012 1-2013 5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
Single Family Townhouse-Condo
Inventory of Active Listings
Inventory of Active Listings
SingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
May-2014 722 +1.5% 525 +15.4%
Jun-2014 812 +0.2% 554 +11.9%
Jul-2014 842 +1.8% 557 +14.4%
Aug-2014 818 +0.1% 545 +10.3%
Sep-2014 758 -1.3% 513 +10.6%
Oct-2014 674 -4.0% 502 +8.4%
Nov-2014 630 -4.5% 488 -1.0%
Dec-2014 586 -4.6% 469 -5.1%
Jan-2015 568 -7.5% 463 -9.0%
Feb-2015 574 -7.4% 473 -6.9%
Mar-2015 585 -8.5% 450 -14.6%
Apr-2015 609 -8.7% 408 -22.9%
12-Month Avg 682 -3.2% 496 +0.5%
Historical Inventory of Active Listings by Month* Active Listings for all properties from May 2014 through April 2015. This is not the average of the individual figures above.
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 12
674
462
667
529609
408
Single Family Townhouse-Condo
April
400
600
800
1000
1200
1400
1600
1-2010 5-2010 9-2010 1-2011 5-2011 9-2011 1-2012 5-2012 9-2012 1-2013 5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
Single Family Townhouse-Condo
- 22.9%+ 14.5%- 8.7%- 1.0%- 17.7% - 11.2%Apr-15Apr-14Apr-15Apr-14Apr-13 Apr-13
Months Supply of Inventory
Months Supply of Inventory
SingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
May-2014 11.9 +12.3% 12.6 +21.2%
Jun-2014 13.1 +5.6% 13.5 +20.5%
Jul-2014 13.5 +6.3% 13.6 +25.9%
Aug-2014 13.3 +4.7% 13.5 +25.0%
Sep-2014 12.3 +4.2% 12.7 +25.7%
Oct-2014 10.8 -1.8% 12.2 +19.6%
Nov-2014 10.0 -3.8% 11.7 +5.4%
Dec-2014 9.1 -7.1% 11.2 +1.8%
Jan-2015 8.7 -13.9% 10.9 -6.8%
Feb-2015 8.8 -15.4% 11.1 -5.1%
Mar-2015 9.0 -14.3% 10.3 -18.3%
Apr-2015 9.2 -16.4% 9.3 -26.8%
12-Month Avg 10.8 -2.6% 11.9 +6.3%
Historical Months Supply of Inventory by Month
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 13
10.010.811.0
12.7
9.2 9.3
Single Family Townhouse-Condo
April
0
10
20
30
40
50
1-2010 5-2010 9-2010 1-2011 5-2011 9-2011 1-2012 5-2012 9-2012 1-2013 5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
Single Family Townhouse-Condo
- 26.8%+ 17.6%- 16.4%+ 10.0%- 31.0% - 26.0%Apr-15Apr-14Apr-15Apr-14Apr-13 Apr-13
Total Market Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics Historical Sparkbars 4-2014 4-2015 Percent Change YTD 2014 YTD 2015 Percent Change
+ 10.6%
Pending Sales 117 158 + 35.0% 393 522 + 32.8%
New Listings 216 232 + 7.4% 677 749
Sold Listings 112 124 + 10.7% 320 365 + 14.1%
Median Sales Price $447,500 $520,000 + 16.2% $420,000 $460,750 + 9.7%
+ 22.6%
95.4% + 0.4%
$1,440,493
146 + 7.4%
Pct. of List Price Received 95.4% 95.3% - 0.1% 95.0%
Avg. Sales Price $1,375,621 $1,538,360 + 11.8% $1,175,312
Days on Market 134 154 + 14.9% 136
Affordability Index 75 71 - 5.3% 79
--
80 + 1.3%
--
-- --
--Active Listings 1,198 1,019 - 14.9% --
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 14
Months Supply 11.7 9.3 - 20.5%
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
5-2013 9-2013 1-2014 5-2014 9-2014 1-2015
Sold Listings
By Price Range 4-2014 4-2015 Change 4-2014 4-2015 Change 3-2015 4-2015 Change 3-2015 4-2015 Change 4-2014 4-2015 Change 4-2014 4-2015 Change$299,999 and Below 261 219 - 16.1% 182 167 - 8.2% 16 17 + 6.3% 12 15 + 25.0% 58 61 + 5.2% 44 49 + 11.4%$300,000 to $599,999 242 268 + 10.7% 121 162 + 33.9% 18 25 + 38.9% 12 17 + 41.7% 56 69 + 23.2% 39 45 + 15.4%$600,000 to $999,999 73 112 + 53.4% 65 61 - 6.2% 6 8 + 33.3% 11 5 - 54.5% 12 18 + 50.0% 17 20 + 17.6%$1,000,000 to $1,499,999 32 33 + 3.1% 56 41 - 26.8% 1 3 + 200.0% 6 8 + 33.3% 8 6 - 25.0% 19 18 - 5.3%$1,500,00 to $1,999,999 20 29 + 45.0% 18 28 + 55.6% 0 3 -- 4 4 0.0% 8 6 - 25.0% 4 12 + 200.0%$2,000,000 to $2,499,999 13 16 + 23.1% 14 12 - 14.3% 0 1 -- 1 1 0.0% 3 2 - 33.3% 5 4 - 20.0%$2,500,000 to $4,999,999 49 45 - 8.2% 37 42 + 13.5% 3 5 + 66.7% 5 3 - 40.0% 20 14 - 30.0% 15 15 0.0%$5,000,000 to $9,999,999 25 49 + 96.0% 7 8 + 14.3% 5 4 - 20.0% 0 1 -- 6 13 + 116.7% 1 4 + 300.0%$10,000,000 and Above 15 21 + 40.0% 1 4 + 300.0% 1 4 + 300.0% 0 0 -- 4 8 + 100.0% 1 1 0.0%All Price Ranges 730 792 + 8.5% 501 525 + 4.8% 50 70 + 40.0% 51 54 + 5.9% 175 197 + 12.6% 145 168 + 15.9%
Inventory of Active Listings
By Price Range 4-2014 4-2015 Change 4-2014 4-2015 Change 3-2015 4-2015 Change 3-2015 4-2015 Change$299,999 and Below 79 51 - 35.4% 93 77 - 17.2% 60 51 - 15.0% 82 77 - 6.1%$300,000 to $599,999 141 130 - 7.8% 129 113 - 12.4% 112 130 + 16.1% 120 113 - 5.8%$600,000 to $999,999 94 100 + 6.4% 109 82 - 24.8% 90 100 + 11.1% 94 82 - 12.8%$1,000,000 to $1,499,999 57 58 + 1.8% 70 47 - 32.9% 50 58 + 16.0% 52 47 - 9.6%$1,500,00 to $1,999,999 40 36 - 10.0% 26 24 - 7.7% 32 36 + 12.5% 27 24 - 11.1%$2,000,000 to $2,499,999 16 12 - 25.0% 14 12 - 14.3% 9 12 + 33.3% 17 12 - 29.4%$2,500,000 to $4,999,999 83 80 - 3.6% 56 37 - 33.9% 85 80 - 5.9% 39 37 - 5.1%$5,000,000 to $9,999,999 105 90 - 14.3% 20 15 - 25.0% 90 90 0.0% 18 15 - 16.7%$10,000,000 and Above 52 52 0.0% 12 1 - 91.7% 57 52 - 8.8% 1 1 0.0%All Price Ranges 667 609 - 8.7% 529 408 - 22.9% 585 609 + 4.1% 450 408 - 9.3%
Actual sales that have closed in a given month.
Rolling 12 Months Compared to Prior Month Year to DateSingle Family Condo Single Family Condo Single Family Condo
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.
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 15
A measure of the number of homes available for sale at a given time.
Compared to Prior Year Compared to Prior Month Year to DateSingle Family Condo Single Family Condo Single Family Condo
730 501
1,231792 525
1,317
Singe Family Townhouse-Condo All Properties
By Property Type 4-2014 4-2015
667 5291,198
609 4081,019
Singe Family Townhouse-Condo All Properties
By Property Type 4-2014 4-2015
443363
138 88 38 27 86 32 16
386 430
17374 57 28 87 57 25
< $300K $300K to $599K $600K to $999K $1.0M to $1.4M $1.5M to $1.9M $2.0M to $2.5M $2.5M to $4.9M $5.0M to $9.9M $10.0M+
By Price Range – All Properties – Rolling 12 Months 4-2014 4-2015
+ 56.3%
173271
203127
66 30139 125
64129
243182
106 60 24117 105 53
< $300K $300K to $599K $600K to $999K $1.0M to $1.4M $1.5M to $1.9M $2.0M to $2.5M $2.5M to $4.9M $5.0M to $9.9M $10.0M+
By Price Range – All Properties 4-2014 4-2015
- 12.9% + 18.5% + 25.4% - 15.9% + 78.1%+ 50.0% + 3.7% + 1.2% + 8.5% + 4.8% + 7.0%
- 17.2%- 25.4% - 10.3% - 10.3% - 16.5% - 16.0%- 9.1% - 20.0% - 15.8% - 8.7% - 22.9% - 14.9%
Glossary of Terms
New Listings
Pending Sales
Sold Listings
Median Sales Price
Average Sales Price
Percent of List Price Received
Days on Market Until Sale
Housing Affordability Index
Inventory of Active Listings
Months Supply of Inventory
Current as of April 10, 2015. All data from the Aspen/Glenwood Springs MLS Inc. Powered by 10K Research and Marketing. | 16
A research tool provided by the Colorado Association of REALTORS®
A measure of how much new supply is coming onto the market from sellers.
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 measure of home sales that were closed to completion during the report period.
A measure of home values in a market area where 50% of activity was higher and 50% was lower than this price point.
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 measure of how long it takes homes to sell, on average.
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.