monthly indicators€¦ · townhouse/condo market overview key metrics by report month and for...

November 2015 Activity SnapshotPercent changes calculated using year-over-year comparisons.

One-Year Change in One-Year Change in

Sold ListingsAll Properties

Median Sales PriceAll Properties

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1011121314151617Glossary of Terms

Monthly Indicators

- 4.2% - 12.7% - 6.0%One-Year Change in

New Listings were up 50.0 percent for single family homes and 6.5 percent for townhouse-condo properties. Pending Sales decreased 4.4 percent for single family homes and 4.8 percent for townhouse-condo properties.

The Median Sales Price was down 6.5 percent to $336,500 for single family homes and 15.1 percent to $233,000 for townhouse-condo properties. Days on Market decreased 23.6 percent for single family homes but increased 21.2 percent for condo properties.

Unemployment rates across the nation changed little last month, which bodes well for an increase in buying activity. The national jobless rate was 5.0 percent in October, which was 0.7 percent lower than the year prior. Although housing and employment data are quite positive at this juncture, it is still certainly possible for listings and sales to be down in year-over-year comparisons. Bad weather and the mix of housing available to buyers tend to have a greater effect on trends at the end of the year than during the midsummer months.

Active ListingsAll Properties

Residential real estate activity in La Plata and San Juan Counties, comprised of single-family properties, townhomes and condominiums. Percent changes are calculated using rounded figures.

Single Family Market Overview

Inventory of Active Listings

Current as of December 3, 2015. Copyright 2015 Colorado Real Estate Network. All data from the Colorado Real Estate Network. Powered by ShowingTime 10K.

Townhouse/Condo Market Overview

Percent of List Price ReceivedDays on Market Until SaleCumulative Days on Market Until SaleHousing Affordability Index

Months Supply of Inventory

New ListingsPending SalesSold ListingsMedian Sales PriceAverage Sales Price

Sold Listings and Inventory by Price RangeTotal Market Overview

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 11-2014 11-2015 Percent Change YTD 2014 YTD 2015 Percent Change

Current as of December 3, 2015. Copyright 2015 Colorado Real Estate Network. All data from the Colorado Real Estate Network. Powered by ShowingTime 10K. | 2

Active Listings 502 499 - 0.6% --

-- --Months Supply 7.7 7.4 - 3.9% --

-- --

87Affordability Index 84 95 + 13.1% 82

Cumulative Days on Market 174 151 - 13.2% 157

Days on Market 161 123 - 23.6% 136

Avg. Sales Price $410,725 $378,270 - 7.9% $424,633

Pct. of List Price Received 96.3% 97.1% + 0.8% 96.4% 97.3% + 0.9%

$414,913

127 - 6.6%

154 - 1.9%

+ 6.1%

Median Sales Price $359,900 $336,500 - 6.5% $354,000

Sold Listings 53 44 - 17.0% 729

New Listings 36 54 + 50.0% 1,295

Pending Sales 45 43 - 4.4% + 1.3%749 759

+ 3.9%1,346

749 + 2.7%

$370,000 + 4.5%

- 2.3%

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

Townhouse/Condo Market Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.


- 7.4%

Pending Sales 21 20 - 4.8% 257 287 + 11.7%

New Listings 31 33 + 6.5% 448 415

Sold Listings 19 25 + 31.6% 240 278 + 15.8%

Median Sales Price $274,500 $233,000 - 15.1% $254,325 $262,500 + 3.2%

+ 2.8%

96.8% + 0.3%

$290,667

149 + 3.5%

Pct. of List Price Received 96.2% 95.4% - 0.8% 96.5%

Avg. Sales Price $320,457 $238,612 - 25.5% $282,752

Days on Market 146 177 + 21.2% 144

Cumulative Days on Market 165 251 + 52.1% 164 166 + 1.2%

+ 0.8%

-- --

124Affordability Index 108 151 + 39.8% 123


Months Supply 9.0 6.4 - 28.9% -- -- --


7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

New Listings

New ListingsSingleFamily

Percent Change from Previous

YearTownhouse/

Condo


Year

Dec-2014 53 -3.6% 25 -7.4%

Jan-2015 84 -5.6% 28 -22.2%

Feb-2015 111 +54.2% 24 -35.1%

Mar-2015 129 +4.9% 36 -26.5%

Apr-2015 161 -13.0% 38 -26.9%

May-2015 194 -3.5% 50 +6.4%

Jun-2015 174 +8.7% 50 +4.2%

Jul-2015 138 +3.8% 46 +4.5%

Aug-2015 124 +0.8% 41 -22.6%

Sep-2015 82 -4.7% 42 +75.0%

Oct-2015 95 +9.2% 27 0.0%

Nov-2015 54 +50.0% 33 +6.5%

Historical New Listings by Month


54

10

3631

54

33

Single Family Townhouse/Condo

November

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 5-2015 9-2015


1,295

377

1,295

448

1,346

415


Year to Date

+ 6.5%+ 210.0%+ 50.0%- 33.3% + 18.8%+ 3.9%0.0% - 7.4%+ 14.9% + 9.6% + 12.9%- 41.2%

Nov-15Nov-14Nov-15Nov-14 Nov-14Nov-15Nov-14 Nov-15Nov-13 Nov-13 Nov-13Nov-13

Pending Sales

Pending SalesSingleFamily


YearTownhouse/

Condo


Year

Dec-2014 36 -5.3% 15 +87.5%

Jan-2015 63 +10.5% 21 +75.0%

Feb-2015 51 +13.3% 13 -7.1%

Mar-2015 79 +8.2% 23 -8.0%

Apr-2015 74 -10.8% 35 +75.0%

May-2015 89 +21.9% 32 +33.3%

Jun-2015 86 +13.2% 32 0.0%

Jul-2015 105 +20.7% 29 0.0%

Aug-2015 61 -10.3% 30 -3.2%

Sep-2015 57 -24.0% 23 -20.7%

Oct-2015 51 -23.9% 29 +45.0%

Nov-2015 43 -4.4% 20 -4.8%

Historical Pending Sales by Month


46

15

45

21

43

20


November

0

20

40

60

80

100

120

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 5-2015 9-2015


715

268

749

257

759

287


Year to Date

- 4.8%+ 40.0%- 4.4%- 2.2% - 4.1%+ 1.3%+ 4.8% + 11.7%- 8.0% + 17.6% + 24.7%- 21.1%Nov-15Nov-14Nov-15Nov-14 Nov-14Nov-15Nov-14 Nov-15Nov-13 Nov-13 Nov-13Nov-13

Sold Listings

Sold ListingsSingleFamily


YearTownhouse/

Condo


Year

Dec-2014 61 +7.0% 21 -19.2%

Jan-2015 38 -5.0% 18 +80.0%

Feb-2015 40 0.0% 16 +77.8%

Mar-2015 58 +1.8% 18 +12.5%

Apr-2015 67 +24.1% 23 +27.8%

May-2015 72 -20.0% 26 +4.0%

Jun-2015 104 +40.5% 39 +116.7%

Jul-2015 95 +33.8% 30 -14.3%

Aug-2015 95 +4.4% 29 +11.5%

Sep-2015 73 -1.4% 37 +60.9%

Oct-2015 63 -25.9% 17 -58.5%

Nov-2015 44 -17.0% 25 +31.6%

Historical Sold Listings by Month


43

13

53

19

44

25


November

0

20

40

60

80

100

120

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 5-2015 9-2015


707

256

729

240

749

278


Year to Date

Nov-13 Nov-14 Nov-15 Nov-13 Nov-14 Nov-15 Nov-13 Nov-14 Nov-15 Nov-13 Nov-14 Nov-15

+ 31.6%+ 46.2%- 17.0%+ 23.3% - 6.3%+ 2.7%+ 3.1% + 15.8%- 17.3% + 21.5% + 19.1%- 38.1%

Median Sales Price

Median Sales Price

SingleFamily


YearTownhouse/

Condo


Year

Dec-2014 $399,000 +14.0% $303,000 +13.6%

Jan-2015 $381,000 +28.7% $269,700 +41.4%

Feb-2015 $351,000 +10.6% $307,000 +17.6%

Mar-2015 $350,000 0.0% $320,000 +66.2%

Apr-2015 $350,000 +9.4% $210,000 -29.6%

May-2015 $374,500 -7.0% $275,675 +10.7%

Jun-2015 $415,000 +17.2% $230,000 +3.4%

Jul-2015 $364,000 +7.1% $266,250 +6.9%

Aug-2015 $345,000 -9.0% $240,000 +2.1%

Sep-2015 $356,000 -1.2% $318,000 -3.3%

Oct-2015 $383,588 +3.0% $310,000 +20.6%

Nov-2015 $336,500 -6.5% $233,000 -15.1%

Historical Median Sales Price by Month


$349,000

$155,000

$359,900

$274,500

$336,500

$233,000


November

$100,000

$200,000

$300,000

$400,000

$500,000

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 5-2015 9-2015


$330,000

$184,950

$354,000

$254,325

$370,000

$262,500


Year to Date

- 15.1%+ 77.1%- 6.5%+ 3.1% + 37.5%+ 4.5%+ 7.3% + 3.2%+ 9.1% + 2.3% - 14.8%- 20.9%Nov-15Nov-14Nov-15Nov-14 Nov-14Nov-15Nov-14 Nov-15Nov-13 Nov-13 Nov-13Nov-13

Average Sales Price

Avg. Sales PriceSingleFamily


YearTownhouse/

Condo


Year

Dec-2014 $425,686 -34.1% $330,021 +6.3%

Jan-2015 $442,163 +31.2% $328,478 +25.2%

Feb-2015 $392,368 +14.1% $354,844 +19.0%

Mar-2015 $397,069 +2.1% $330,751 +47.8%

Apr-2015 $383,927 +15.2% $256,430 -15.7%

May-2015 $428,036 -19.8% $295,005 -0.8%

Jun-2015 $448,671 +2.5% $269,966 +3.4%

Jul-2015 $389,659 +1.0% $288,206 -5.4%

Aug-2015 $395,083 -18.4% $257,424 +6.1%

Sep-2015 $400,332 -7.2% $290,368 -7.1%

Oct-2015 $501,923 +16.4% $373,218 +37.6%

Nov-2015 $378,270 -7.9% $238,612 -25.5%

Historical Average Sales Price by Month* Avg. Sales Price for all properties from December 2014 through November 2015. This is not the average of the individual figures above.


$402,931

$202,285

$410,725

$320,457

$378,270

$238,612


November

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

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 5-2015 9-2015


$381,690

$257,298

$424,633

$282,752

$414,913

$290,667


Year to Date

- 25.5%+ 58.4%- 7.9%+ 1.9% + 9.9%- 2.3%+ 11.3% + 2.8%- 17.2% + 3.2% + 0.1%- 26.1%Nov-15Nov-14Nov-15Nov-14 Nov-14Nov-15Nov-14 Nov-15Nov-13 Nov-13 Nov-13Nov-13

Percent of List Price Received

Pct. of List Price Received

SingleFamily


YearTownhouse/

Condo


Year

Dec-2014 96.3% -0.9% 100.5% +2.7%

Jan-2015 95.1% -1.9% 96.1% -0.7%

Feb-2015 95.9% -1.6% 97.3% +1.7%

Mar-2015 96.9% +1.7% 96.1% +1.1%

Apr-2015 97.6% -0.1% 95.9% -0.7%

May-2015 97.7% +0.9% 98.6% +1.6%

Jun-2015 97.6% +1.9% 97.7% +1.3%

Jul-2015 97.3% +0.2% 97.9% +1.8%

Aug-2015 98.4% +2.8% 97.0% +1.6%

Sep-2015 96.9% +0.8% 96.6% -0.3%

Oct-2015 97.0% +0.6% 95.2% -2.6%

Nov-2015 97.1% +0.8% 95.4% -0.8%

Historical Percent of List Price Received by Month* Pct. of List Price Received for all properties from December 2014 through November 2015. This is not the average of the individual figures above.


96.4%92.3%

96.3% 96.2%97.1% 95.4%


November

88.0%

90.0%

92.0%

94.0%

96.0%

98.0%

100.0%

102.0%

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 5-2015 9-2015


96.5% 95.8%96.4% 96.5%97.3% 96.8%


Year to Date

- 0.8%+ 4.2%+ 0.8%- 0.1% + 0.7%+ 0.9%- 0.1% + 0.3%+ 1.9% + 0.8% + 1.8%- 1.3%Nov-15Nov-14Nov-15Nov-14 Nov-14Nov-15Nov-14 Nov-15Nov-13 Nov-13 Nov-13Nov-13

Days on Market Until Sale

Days on MarketSingleFamily


YearTownhouse/

Condo


Year

Dec-2014 160 -1.2% 140 -42.4%

Jan-2015 179 +44.4% 155 -14.4%

Feb-2015 142 +44.9% 156 +69.6%

Mar-2015 158 -22.2% 163 +19.0%

Apr-2015 151 +12.7% 105 +18.0%

May-2015 133 -10.1% 127 -21.6%

Jun-2015 97 -1.0% 156 +16.4%

Jul-2015 106 -7.0% 122 +2.5%

Aug-2015 99 -33.1% 132 -14.8%

Sep-2015 128 +6.7% 146 -10.4%

Oct-2015 149 +2.8% 246 +46.4%

Nov-2015 123 -23.6% 177 +21.2%

Historical Days on Market Until Sale by Month* Days on Market for all properties from December 2014 through November 2015. This is not the average of the individual figures above.


164

109

161146

123

177


November

148

191

136 144127

149


Year to Date

0

100

200

300

400

500

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 5-2015 9-2015


+ 21.2%+ 33.9%- 23.6%- 1.8% - 24.6%- 6.6%- 7.8% + 3.5%- 20.0% - 12.4% - 13.6%- 40.4%Nov-15Nov-14Nov-15Nov-14 Nov-14Nov-15Nov-14 Nov-15Nov-13 Nov-13 Nov-13Nov-13

Cumulative Days on Market Until Sale

Cumulative Days on Market Until Sale

SingleFamily


YearTownhouse/

Condo


Year

Dec-2014 165 -13.2% 157 -35.4%

Jan-2015 203 +43.0% 155 -30.8%

Feb-2015 185 +29.4% 143 +23.3%

Mar-2015 191 -23.6% 164 +19.7%

Apr-2015 192 +24.7% 133 +35.7%

May-2015 154 -7.2% 127 -35.9%

Jun-2015 114 +0.9% 171 +18.8%

Jul-2015 122 -3.2% 122 +5.2%

Aug-2015 120 -24.5% 156 -14.3%

Sep-2015 157 +12.9% 152 -29.0%

Oct-2015 189 +11.2% 301 +57.6%

Nov-2015 151 -13.2% 251 +52.1%

Historical Cumulative Days on Market Until Sale by Month


164

123

174 165151

251


November

0

100

200

300

400

500

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 5-2015 9-2015


158

192

157 164154

166


Year to Date

+ 52.1%+ 34.1%- 13.2%+ 6.5% - 14.6%- 1.9%- 0.5% + 1.2%- 24.7% - 15.5% - 19.0%- 54.9%Nov-15Nov-14Nov-15Nov-14 Nov-14Nov-15Nov-14 Nov-15Nov-13 Nov-13 Nov-13Nov-13

Housing Affordability Index


SingleFamily


YearTownhouse/

Condo


Year

Dec-2014 82 +57.7% 106 -2.8%

Jan-2015 83 -15.3% 112 -11.1%

Feb-2015 94 -3.1% 104 -7.1%

Mar-2015 92 +7.0% 110 -26.7%

Apr-2015 96 -4.0% 144 +30.9%

May-2015 86 +34.4% 125 +8.7%

Jun-2015 81 +3.8% 134 +2.3%

Jul-2015 92 +3.4% 124 +10.7%

Aug-2015 91 +28.2% 140 -1.4%

Sep-2015 91 +15.2% 125 +14.7%

Oct-2015 72 -10.0% 97 -24.2%

Nov-2015 95 +13.1% 151 +39.8%

Historical Housing Affordability Index by Month


88

174

84

10895

151


November

50

75

100

125

150

175

200

225

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 5-2015 9-2015


92

137

82

123

87

124


Year to Date

+ 39.8%- 37.9%+ 13.1%- 3.6% - 10.2%+ 6.1%- 11.7% + 0.8%+ 15.5% - 7.3% - 4.9%+ 28.9%Nov-15Nov-14Nov-15Nov-14 Nov-14Nov-15Nov-14 Nov-15Nov-13 Nov-13 Nov-13Nov-13



SingleFamily


YearTownhouse/

Condo


Year

Dec-2014 456 -7.5% 195 +20.4%

Jan-2015 400 -5.7% 185 +10.8%

Feb-2015 434 +3.6% 186 +5.1%

Mar-2015 452 -0.2% 194 -2.5%

Apr-2015 504 -6.1% 184 -11.5%

May-2015 585 -6.7% 190 -16.3%

Jun-2015 625 -6.7% 197 -12.4%

Jul-2015 620 -7.2% 200 -11.9%

Aug-2015 621 -7.5% 193 -15.7%

Sep-2015 596 -4.6% 184 -13.2%

Oct-2015 561 0.0% 162 -19.0%

Nov-2015 499 -0.6% 160 -19.6%

Historical Inventory of Active Listings by Month* Active Listings for all properties from December 2014 through November 2015. This is not the average of the individual figures above.


560

157

502

199

499

160


November

0

200

400

600

800

1000

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 5-2015 9-2015


- 19.6%+ 26.8%- 0.6%- 10.4%- 4.3% - 28.3%Nov-15Nov-14Nov-15Nov-14Nov-13 Nov-13



SingleFamily


YearTownhouse/

Condo


Year

Dec-2014 6.9 -10.4% 9.0 +30.4%

Jan-2015 6.1 -9.0% 8.3 +15.3%

Feb-2015 6.6 0.0% 8.1 +1.3%

Mar-2015 6.9 -4.2% 8.4 -6.7%

Apr-2015 7.5 -11.8% 7.8 -15.2%

May-2015 9.0 -8.2% 8.0 -19.2%

Jun-2015 9.2 -13.2% 7.8 -23.5%

Jul-2015 8.9 -16.8% 8.0 -21.6%

Aug-2015 8.9 -16.8% 7.6 -30.3%

Sep-2015 8.5 -14.1% 7.0 -32.0%

Oct-2015 8.2 -5.7% 6.6 -28.3%

Nov-2015 7.4 -3.9% 6.4 -28.9%

Historical Months Supply of Inventory by Month


9.0

6.97.7

9.0

7.46.4


November

5

10

15

20

25

30

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 5-2015 9-2015


- 28.9%+ 30.4%- 3.9%- 14.4%- 19.6% - 40.5%Nov-15Nov-14Nov-15Nov-14Nov-13 Nov-13

Total Market Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.



Months Supply 8.0 7.1 - 11.3% --


95 + 6.7%

--

-- --

--

Affordability Index 90 110 + 22.2% 89

Cumulative Days on Market 172 187 + 8.7% 159

Pct. of List Price Received 96.3% 96.5% + 0.2% 96.4%

Days on Market 157 143 - 8.9% 138

$381,281 - 2.1%

+ 0.7%

133 - 3.6%

97.1%

157 - 1.3%

Median Sales Price $352,500 $307,750 - 12.7% $335,000 $347,000 + 3.6%

Avg. Sales Price $386,904 $327,669 - 15.3% $389,492

+ 1.0%

Pending Sales 66 63 - 4.5% 1,006 1,046 + 4.0%

New Listings 67 87 + 29.9% 1,743 1,761

1,027 + 6.0%Sold Listings 72 69 - 4.2% 969

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

7-2014 11-2014 3-2015 7-2015 11-2015

Sold Listings

By Price Range 11-2014 11-2015 Change 11-2014 11-2015 Change 10-2015 11-2015 Change 10-2015 11-2015 Change 11-2014 11-2015 Change 11-2014 11-2015 Change$99,999 and Below 16 18 + 12.5% 26 31 + 19.2% 6 2 - 66.7% 1 7 + 600.0% 15 16 + 6.7% 24 30 + 25.0%$100,000 to $199,999 76 63 - 17.1% 68 77 + 13.2% 3 2 - 33.3% 5 3 - 40.0% 70 57 - 18.6% 63 72 + 14.3%$200,000 to $299,999 192 191 - 0.5% 76 60 - 21.1% 9 13 + 44.4% 2 6 + 200.0% 177 176 - 0.6% 67 57 - 14.9%$300,000 to $399,999 190 201 + 5.8% 50 65 + 30.0% 16 12 - 25.0% 3 6 + 100.0% 179 193 + 7.8% 44 59 + 34.1%$400,000 to $499,999 131 159 + 21.4% 25 32 + 28.0% 8 6 - 25.0% 3 1 - 66.7% 119 142 + 19.3% 23 29 + 26.1%$500,000 to $699,999 108 107 - 0.9% 13 25 + 92.3% 7 7 0.0% 0 2 -- 100 99 - 1.0% 12 24 + 100.0%$700,000 to $999,999 40 52 + 30.0% 5 6 + 20.0% 9 2 - 77.8% 2 0 - 100.0% 38 49 + 28.9% 5 4 - 20.0%$1,000,000 to $1,999,999 27 16 - 40.7% 3 3 0.0% 3 0 - 100.0% 1 0 - 100.0% 26 14 - 46.2% 2 3 + 50.0%$2,000,000 and Above 6 3 - 50.0% 0 0 -- 2 0 - 100.0% 0 0 -- 5 3 - 40.0% 0 0 --All Price Ranges 786 810 + 3.1% 266 299 + 12.4% 63 44 - 30.2% 17 25 + 47.1% 729 749 + 2.7% 240 278 + 15.8%


By Price Range 11-2014 11-2015 Change 11-2014 11-2015 Change 10-2015 11-2015 Change 10-2015 11-2015 Change$99,999 and Below 4 3 - 25.0% 36 16 - 55.6% 3 3 0.0% 17 16 - 5.9%$100,000 to $199,999 31 28 - 9.7% 42 24 - 42.9% 32 28 - 12.5% 26 24 - 7.7%$200,000 to $299,999 84 53 - 36.9% 32 34 + 6.3% 61 53 - 13.1% 32 34 + 6.3%$300,000 to $399,999 78 65 - 16.7% 29 28 - 3.4% 77 65 - 15.6% 30 28 - 6.7%$400,000 to $499,999 73 74 + 1.4% 31 22 - 29.0% 81 74 - 8.6% 24 22 - 8.3%$500,000 to $699,999 90 114 + 26.7% 17 21 + 23.5% 126 114 - 9.5% 19 21 + 10.5%$700,000 to $999,999 68 78 + 14.7% 8 8 0.0% 90 78 - 13.3% 8 8 0.0%$1,000,000 to $1,999,999 45 52 + 15.6% 4 7 + 75.0% 59 52 - 11.9% 6 7 + 16.7%$2,000,000 and Above 29 32 + 10.3% 0 0 -- 32 32 0.0% 0 0 --All Price Ranges 502 499 - 0.6% 199 160 - 19.6% 561 499 - 11.1% 162 160 - 1.2%

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.

Year over Year Compared to Prior Month Year to DateSingle Family Condo Single Family Condo Single Family Condo

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

786266

1,052810299

1,109

Singe Family Townhouse-Condo All Properties

By Property Type 11-2014 11-2015

502199

701499

160

659

Singe Family Townhouse-Condo All Properties

By Property Type 11-2014 11-2015

42144

268 240156 121

45 30 649140

251 266191

13258 19 3

< $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 11-2014 11-2015

- 50.0%

4073

116 107 104 10776 49 2919

5287 93 96

13586 59 32

< $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 11-2014 11-2015

+ 16.7% - 2.8% - 6.3% + 10.8% - 36.7%+ 22.4% + 9.1% + 28.9% + 3.1% + 12.4% + 5.4%

+ 10.3%- 52.5% - 28.8% - 25.0% - 13.1% + 20.4%- 7.7% + 26.2% + 13.2% - 0.6% - 19.6% - 6.0%

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





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.

monthly indicators€¦ · townhouse/condo market overview key metrics by report month and for...

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