monthly indicators€¦ · current as of april 10, 2015. all data from the aspen/glenwood springs...

16
April 2015 Activity Snapshot Percent changes calculated using year-over-year comparisons. One-Year Change in One-Year Change in Sold Listings All Properties Median Sales Price All Propterties 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Townhouse-Condo Market Overview Percent of List Price Received Days on Market Until Sale Housing Affordability Index Inventory of Active Listings Total Market Overview New Listings Pending Sales Sold Listings Median Sales Price Average Sales Price Sold Listings and Inventory by Price Range Glossary 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 Listings All 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

Upload: others

Post on 23-Sep-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Monthly Indicators€¦ · 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%

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

Page 2: Monthly Indicators€¦ · 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%

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

Page 3: Monthly Indicators€¦ · 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%

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

Page 4: Monthly Indicators€¦ · 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%

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

Page 5: Monthly Indicators€¦ · 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%

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

Page 6: Monthly Indicators€¦ · 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%

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

Page 7: Monthly Indicators€¦ · 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%

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

Page 8: Monthly Indicators€¦ · 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%

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

Page 9: Monthly Indicators€¦ · 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%

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

Page 10: Monthly Indicators€¦ · 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%

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

Page 11: Monthly Indicators€¦ · 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%

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

Page 12: Monthly Indicators€¦ · 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%

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

Page 13: Monthly Indicators€¦ · 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%

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

Page 14: Monthly Indicators€¦ · 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%

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

Page 15: Monthly Indicators€¦ · 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%

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%

Page 16: Monthly Indicators€¦ · 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%

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.