november 2014 sales stats

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Vail Valley / Eagle County

Market Report

November 2014 - YTD

November 2014 Monthly Snapshot

One-Year Change in One-Year Change in

Closed Sales All Properties

Active ListingsAll Properties

23456789

10111213141516

Current as of December 6, 2014.All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Townhouse-Condo Activity Overview

Days on Market Until SaleHousing Affordability IndexInventory of Active ListingsMonths Supply of InventoryAll Properties Activity Overview

New ListingsPending SalesClosed SalesMedian Sales PriceAverage Sales PricePercent of List Price Received

Glossary of Terms

Monthly Indicators

+ 6.1% - 18.5% - 4.4%One-Year Change in

With 2015 near, some are pontificating about a potential change in interest rates. With virtually no inflation, rates will likely remain low for most of 2015 but could flirt with 5.0 percent toward the end of next year. Construction permits and housing starts have upward momentum, which is news in some areas but familiar in others. Prices should continue their ascent but at a tempered pace compared to recent years, which helps preserve affordability for first-time buyers.

New Listings were up 15.0 percent for single family/duplex homes and 20.8 percent for townhouse-condo properties. Pending Sales increased 2.8 percent for single family/duplex homes and 27.6 percent for townhouse-condo properties.

The Median Sales Price was down 4.4 percent to $722,500 for single family/duplex homes and 4.6 percent to $415,000 for townhouse-condo properties. Months Supply of Inventory decreased 7.3 percent for single family/duplex units and 29.0 percent for townhouse-condo units.

Unemployment levels throughout Colorado have plummeted, and the state economy is rated among the tops in the nation. Bolstered by natural resources, mining, healthcare, manufacturing and tourism, the local economy is creating the high quality jobs necessary to fuel new household formations that in turn support housing demand. More Colorado families and individuals are in a much better financial position to acquire and maintain real property.

Median Sales PriceAll Properties

Residential real estate activity in Vail Board of REALTORS® MLS, comprised of single-family properties, townhomes and condominiums.. Percent changes are calculated using rounded figures.

Single Family/Duplex Activity Overview

Closed Sales and Inventory by Price Range

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Single Family/Duplex Activity Overview

Key Metrics Historical Sparkbars 11-2013 11-2014 Percent Change YTD 2013 YTD 2014 Percent Change

`

Current as ofDecember 6, 2014.All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 2

--

Months Supply 10.9 10.1 - 7.3% -- -- --

Active Listings 502 428 - 14.7% -- --

- 2.5%

Affordability Index 47 48 + 2.1% 59 53 - 10.2%

Days on Market 181 125 - 30.9% 163 159

+ 18.4%

Pct. of List Price Received 95.5% 95.7% + 0.2% 95.6% 95.5% - 0.1%

Avg. Sales Price $1,459,341 $1,057,551 - 27.5% $1,054,842 $1,248,517

- 6.6%

Median Sales Price $756,000 $722,500 - 4.4% $600,000 $650,000 + 8.3%

Closed Sales 40 42 + 5.0% 500 467

803 - 2.7%

Pending Sales 36 37 + 2.8% 507 497 - 2.0%

825

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

New Listings 40 46 + 15.0%

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

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Townhouse-Condo Activity Overview


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

New Listings 48 58 + 20.8% 765 + 5.8%

Pending Sales 29 37 + 27.6% 516 599 + 16.1%

723

Closed Sales 42 45 + 7.1% 508 571 + 12.4%

+ 11.9%

$942,862 + 18.8%

Median Sales Price $435,000 $415,000 - 4.6% $420,000 $470,000

Avg. Sales Price $1,017,538 $785,523 - 22.8% $793,585

+ 0.7%

Days on Market 213 156 - 26.8% 207 186 - 10.1%

Pct. of List Price Received 95.3% 94.9% - 0.4% 94.7% 95.4%

- 11.9%

Active Listings 496 384 - 22.6% -- -- --

Affordability Index 81 84 + 3.7% 84 74

--


Months Supply 10.7 7.6 - 29.0% -- --

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

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New Listings

New ListingsSingle

Family/DuplexYear-Over-Year

ChangeTownhouse-

CondoYear-Over-Year

Change

Dec-2013 32 -39.6% 66 0.0%

Jan-2014 57 +11.8% 53 -1.9%

Feb-2014 35 -48.5% 54 -1.8%

Mar-2014 67 +19.6% 72 +16.1%

Apr-2014 77 +18.5% 72 +56.5%

May-2014 99 +13.8% 87 +20.8%

Jun-2014 141 -2.8% 110 -5.2%

Jul-2014 89 -28.8% 89 -5.3%

Aug-2014 79 +11.3% 52 -33.3%

Sep-2014 52 -5.5% 54 +14.9%

Oct-2014 61 -1.6% 64 +25.5%

Nov-2014 46 +15.0% 58 +20.8%

12-Month Avg 70 -4.9% 69 +5.3%

Historical New Listings by Month


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

52

62

40

4846

58

Single Family/Duplex Townhouse-Condo

November

25

50

75

100

125

150

175

200

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


800 776825

723

803765


Year to Date

2012 2013 2014

+ 20.8%- 22.6%+ 15.0%- 23.1% - 6.8%- 2.7%+ 3.1% + 5.8%

2012 2013 2014 2012 2013 2014 2012 2013 2014

- 24.6% - 2.0% - 1.1%- 24.4%

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Pending Sales

Pending SalesSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Dec-2013 22 -24.1% 30 -16.7%

Jan-2014 38 -5.0% 48 +17.1%

Feb-2014 38 -7.3% 46 +31.4%

Mar-2014 49 -19.7% 48 +2.1%

Apr-2014 42 -14.3% 70 +79.5%

May-2014 36 +24.1% 34 -33.3%

Jun-2014 43 -8.5% 39 +11.4%

Jul-2014 59 +22.9% 70 +7.7%

Aug-2014 54 -20.6% 85 +34.9%

Sep-2014 51 0.0% 70 +6.1%

Oct-2014 50 +35.1% 52 +15.6%

Nov-2014 37 +2.8% 37 +27.6%

12-Month Avg 43 -3.2% 52 +13.9%

Historical Pending Sales by Month


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

3734

36

29

37 37


November

0

20

40

60

80

100

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


564 551507 516497

599


Year to Date

2012 2013 2014

+ 27.6%- 14.7%+ 2.8%- 2.7% - 6.4%- 2.0%- 10.1% + 16.1%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 48.0% + 43.9% + 21.9%- 20.9%

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Closed Sales

Closed SalesSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Dec-2013 44 -20.0% 39 -20.4%

Jan-2014 25 +8.7% 29 -6.5%

Feb-2014 30 -16.7% 31 -3.1%

Mar-2014 28 -20.0% 51 +45.7%

Apr-2014 47 -7.8% 50 +22.0%

May-2014 45 -21.1% 57 +11.8%

Jun-2014 46 +12.2% 43 +10.3%

Jul-2014 44 -6.4% 49 +19.5%

Aug-2014 51 -13.6% 60 -7.7%

Sep-2014 54 0.0% 78 +30.0%

Oct-2014 55 -3.5% 78 +9.9%

Nov-2014 42 +5.0% 45 +7.1%

12-Month Avg 43 -7.9% 51 +9.5%

Historical Closed Sales by Month


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

60

46

40 424245


November

0

20

40

60

80

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


527 538500 508

467

571


Year to Date

2012 2013 2014

+ 7.1%- 8.7%+ 5.0%- 33.3% - 5.6%- 6.6%- 5.1% + 12.4%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 36.4% + 39.4% + 23.4%+ 7.0%

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Median Sales Price

Median Sales PriceSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Dec-2013 $607,500 -5.1% $425,300 -6.5%

Jan-2014 $545,000 +75.8% $830,000 +110.1%

Feb-2014 $873,750 +18.6% $1,060,000 +176.0%

Mar-2014 $761,000 +5.0% $585,000 +14.3%

Apr-2014 $744,000 +31.7% $757,500 +14.8%

May-2014 $585,000 +3.7% $500,000 +51.5%

Jun-2014 $535,500 +19.5% $362,500 +17.9%

Jul-2014 $557,500 +4.2% $427,000 +1.1%

Aug-2014 $455,000 0.0% $447,000 -0.7%

Sep-2014 $772,000 -1.0% $375,000 -9.3%

Oct-2014 $713,890 +0.5% $452,500 +0.6%

Nov-2014 $722,500 -4.4% $415,000 -4.6%

12-Month Avg* $635,000 +3.3% $469,500 +11.8%

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


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

$550,000

$352,500

$756,000

$435,000

$722,500

$415,000


November

$250,000

$500,000

$750,000

$1,000,000

$1,250,000

$1,500,000

$1,750,000

$2,000,000

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


$535,000

$364,000

$600,000

$420,000

$650,000

$470,000


Year to Date

2012 2013 2014

- 4.6%+ 23.4%- 4.4%+ 37.5% + 15.4%+ 8.3%+ 12.1% + 11.9%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 18.7% + 1.1% - 13.6%- 36.5%

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Average Sales Price

Avg. Sales PriceSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Dec-2013 $1,273,268 +15.3% $878,973 -10.1%

Jan-2014 $1,205,468 +85.0% $1,410,755 +116.3%

Feb-2014 $1,098,540 -27.4% $1,246,674 +33.3%

Mar-2014 $1,482,573 +70.7% $849,114 -8.4%

Apr-2014 $2,160,310 +151.9% $1,516,715 +58.5%

May-2014 $1,239,178 +8.4% $1,115,528 +78.2%

Jun-2014 $1,048,943 +32.0% $727,651 +38.9%

Jul-2014 $848,849 -2.5% $906,673 +56.1%

Aug-2014 $745,265 +26.8% $540,089 -40.7%

Sep-2014 $1,640,748 +17.5% $755,788 -12.8%

Oct-2014 $1,173,243 -12.8% $944,467 +30.8%

Nov-2014 $1,057,551 -27.5% $785,523 -22.8%

12-Month Avg* $1,250,649 +18.0% $938,777 +15.9%

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


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

$1,239,424

$663,035

$1,459,341

$1,017,538$1,057,551

$785,523


November

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

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


$1,152,164

$767,553

$1,054,842

$793,585

$1,248,517

$942,862


Year to Date

2012 2013 2014

- 22.8%+ 53.5%- 27.5%+ 17.7% + 3.4%+ 18.4%- 8.4% + 18.8%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 38.6% + 4.5% - 15.6%- 30.5%

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Percent of List Price Received

Pct. of List Price Received

SingleFamily/Duplex

Year-Over-YearChange

Townhouse-Condo

Year-Over-YearChange

Dec-2013 94.9% +1.8% 95.9% -0.2%

Jan-2014 95.9% -0.6% 94.2% -1.5%

Feb-2014 94.2% +0.7% 93.9% -1.6%

Mar-2014 96.2% -0.3% 94.9% -0.1%

Apr-2014 95.0% +0.8% 93.4% -1.0%

May-2014 96.4% -0.6% 95.5% +0.2%

Jun-2014 95.9% +0.3% 95.8% +0.6%

Jul-2014 95.4% +0.3% 96.3% +1.6%

Aug-2014 96.2% -0.8% 96.4% +2.6%

Sep-2014 94.0% -1.2% 96.2% +2.0%

Oct-2014 95.7% +0.2% 95.6% +1.6%

Nov-2014 95.7% +0.2% 94.9% -0.4%

12-Month Avg* 95.4% +0.1% 95.4% +0.6%

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


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.

93.5% 94.4%95.5% 95.3%95.7% 94.9%


November

70.0%

75.0%

80.0%

85.0%

90.0%

95.0%

100.0%

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


93.7% 93.9%95.6% 94.7%95.5% 95.4%


Year to Date

2012 2013 2014

- 0.4%+ 1.0%+ 0.2%+ 2.1% + 0.9%- 0.1%+ 2.0% + 0.7%

2012 2013 2014 2012 2013 2014 2012 2013 2014

- 0.6% + 1.1% + 1.3%+ 2.3%

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Days on Market Until Sale

Days on MarketSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Dec-2013 137 -32.5% 277 +18.9%

Jan-2014 152 -18.7% 203 +32.7%

Feb-2014 239 +22.6% 192 +23.1%

Mar-2014 180 +119.5% 341 +11.8%

Apr-2014 206 -7.2% 248 +6.0%

May-2014 200 +20.5% 162 -4.7%

Jun-2014 116 +9.4% 173 -16.8%

Jul-2014 110 -19.1% 141 -32.5%

Aug-2014 110 -2.7% 129 -45.1%

Sep-2014 190 -26.1% 174 -5.9%

Oct-2014 152 +8.6% 163 -19.7%

Nov-2014 125 -30.9% 156 -26.8%

12-Month Avg* 167 -5.8% 209 -8.3%

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


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

159

206

181

213

125

156


November

0

100

200

300

400

500

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


177

213

163

207

159

186


Year to Date

2012 2013 2014

- 26.8%+ 3.4%- 30.9%+ 13.8% - 2.8%- 2.5%- 7.9% - 10.1%2012 2013 2014 2012 2013 2014 2012 2013 2014

- 34.6% - 23.4% - 7.0%- 11.6%

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Housing Affordability Index

Affordability IndexSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Dec-2013 56 -3.4% 79 -3.7%

Jan-2014 61 -48.3% 40 -57.0%

Feb-2014 38 -22.4% 32 -65.6%

Mar-2014 44 -10.2% 57 -18.6%

Apr-2014 45 -29.7% 44 -20.0%

May-2014 59 -4.8% 69 -34.9%

Jun-2014 64 -13.5% 95 -12.0%

Jul-2014 61 -1.6% 80 +1.3%

Aug-2014 75 +4.2% 77 +5.5%

Sep-2014 44 +2.3% 91 +12.3%

Oct-2014 48 +2.1% 76 +2.7%

Nov-2014 48 +2.1% 84 +3.7%

12-Month Avg* 54 -22.7% 62 +1.4%

Historical Housing Affordability Index by Month* Affordability Index for all properties from December 2013 through November 2014. This is not the average of the individual figures above.


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.

67

105

47

81

48

84


November

0

20

40

60

80

100

120

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


2012 2013 2014

+ 3.7%- 22.9%+ 2.1%- 29.9%2012 2013 2014

- 9.5% + 69.4%

69

101

59

84

53

74


Year to Date

- 11.9%- 16.8%- 10.2%- 14.5%+ 6.2% + 24.7%2012 2013 2014 2012 2013 2014

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Inventory of Active Listings

Active ListingsSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Dec-2013 467 -7.0% 491 -18.3%

Jan-2014 460 -3.8% 485 -15.9%

Feb-2014 442 -9.1% 479 -17.3%

Mar-2014 446 -3.3% 490 -14.9%

Apr-2014 450 -0.9% 456 -14.3%

May-2014 490 +4.0% 481 -9.1%

Jun-2014 552 +1.3% 527 -9.9%

Jul-2014 564 -5.8% 531 -11.5%

Aug-2014 567 -1.4% 472 -20.0%

Sep-2014 511 -5.2% 414 -23.2%

Oct-2014 463 -12.8% 394 -21.7%

Nov-2014 428 -14.7% 384 -22.6%

12-Month Avg 487 -4.9% 467 -16.4%

Historical Inventory of Active Listings by Month


The number of properties available for sale in active status at the end of a given month.

534

626

502 496428

384


November

200

400

600

800

1,000

1,200

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


2012 2013 2014- 22.6%- 20.8%- 14.7%- 6.0%

2012 2013 2014

- 19.1% - 18.0%

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Months Supply of Inventory

Months SupplySingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Dec-2013 10.3 -1.0% 10.8 -12.2%

Jan-2014 10.1 +2.0% 10.7 -9.3%

Feb-2014 9.8 -2.0% 10.6 -10.9%

Mar-2014 10.0 +6.4% 10.5 -13.2%

Apr-2014 10.2 +13.3% 9.6 -15.8%

May-2014 11.4 +20.0% 10.0 -9.1%

Jun-2014 12.7 +15.5% 10.9 -11.4%

Jul-2014 13.0 +9.2% 10.9 -13.5%

Aug-2014 13.3 +16.7% 9.7 -21.8%

Sep-2014 12.0 +8.1% 8.3 -27.8%

Oct-2014 10.9 -1.8% 7.8 -27.8%

Nov-2014 10.1 -7.3% 7.6 -29.0%

12-Month Avg 11.2 +6.6% 9.8 -16.7%

Historical Months Supply of Inventory by Month* Months Supply for all properties from December 2013 through November 2014. This is not the average of the individual figures above.


The inventory of homes for sale at the end of a given month, divided by the average monthly closed sales from the last 12 months.

11.512.8

10.9 10.710.1

7.6


November

0.0

10.0

20.0

30.0

40.0

50.0

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


2012 2013 2014- 29.0%- 16.4%- 7.3%- 5.2%

2012 2013 2014

- 40.7% - 34.0%

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All Properties Activity Overview


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

New Listings 88 104 + 18.2% 1,569 + 1.2%

Pending Sales 65 74 + 13.8% 1,024 1,096 + 7.0%

1,550

Closed Sales 82 87 + 6.1% 1,009 1,038 + 2.9%

+ 5.4%

$1,080,377 + 17.1%

Median Sales Price $580,250 $555,000 - 4.4% $520,000 $547,950

Avg. Sales Price $1,233,052 $916,847 - 25.6% $922,332

+ 0.2%

Days on Market 197 141 - 28.4% 185 174 - 5.9%

Pct. of List Price Received 95.4% 95.3% - 0.1% 95.2% 95.4%

- 6.8%

Active Listings 999 814 - 18.5% -- -- --

Affordability Index 61 62 + 2.7% 68 63

--


Months Supply 10.8 8.7 - 19.4% -- --

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

11-2011 11-2012 11-2013 11-2014

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Closed Sales

By Price Range 11-2013 11-2014 Change 11-2013 11-2014 Change 10-2014 11-2014 Change 10-2014 11-2014 Change YTD 2013 YTD 2014 Change YTD 2013 YTD 2014 Change$299,999 and Below 111 75 - 32.4% 164 139 - 15.2% 8 3 - 62.5% 21 10 - 52.4% 99 67 - 32.3% 147 131 - 10.9%$300,000 to $599,999 162 168 + 3.7% 183 224 + 22.4% 15 13 - 13.3% 29 19 - 34.5% 149 154 + 3.4% 171 209 + 22.2%$600,000 to $999,999 121 112 - 7.4% 96 94 - 2.1% 16 15 - 6.3% 9 6 - 33.3% 108 104 - 3.7% 87 86 - 1.1%$1,000,000 to $1,499,999 54 48 - 11.1% 43 54 + 25.6% 4 1 - 75.0% 5 5 0.0% 51 43 - 15.7% 40 52 + 30.0%$1,500,00 to $1,999,999 38 29 - 23.7% 24 30 + 25.0% 4 3 - 25.0% 5 0 - 100.0% 36 28 - 22.2% 24 27 + 12.5%$2,000,000 to $2,499,999 19 19 0.0% 11 17 + 54.5% 2 3 + 50.0% 2 1 - 50.0% 15 16 + 6.7% 10 17 + 70.0%$2,500,000 to $4,999,999 36 42 + 16.7% 26 38 + 46.2% 4 4 0.0% 5 4 - 20.0% 28 39 + 39.3% 20 37 + 85.0%$5,000,000 to $9,999,999 12 14 + 16.7% 10 14 + 40.0% 2 0 - 100.0% 2 0 - 100.0% 12 12 0.0% 9 12 + 33.3%$10,000,000 and Above 2 4 + 100.0% 0 0 -- 0 0 -- 0 0 -- 2 4 + 100.0% 0 0 --All Price Ranges 555 511 - 7.9% 557 610 + 9.5% 55 42 - 23.6% 78 45 - 42.3% 500 467 - 6.6% 508 571 + 12.4%


By Price Range 11-2013 11-2014 Change 11-2013 11-2014 Change 10-2014 11-2014 Change 10-2014 11-2014 Change$299,999 and Below 24 20 - 16.7% 41 10 - 75.6% 20 20 0.0% 15 10 - 33.3%$300,000 to $599,999 56 47 - 16.1% 99 79 - 20.2% 50 47 - 6.0% 86 79 - 8.1%$600,000 to $999,999 100 68 - 32.0% 102 77 - 24.5% 87 68 - 21.8% 84 77 - 8.3%$1,000,000 to $1,499,999 59 43 - 27.1% 64 53 - 17.2% 49 43 - 12.2% 52 53 + 1.9%$1,500,00 to $1,999,999 54 51 - 5.6% 39 43 + 10.3% 53 51 - 3.8% 38 43 + 13.2%$2,000,000 to $2,499,999 35 31 - 11.4% 24 28 + 16.7% 36 31 - 13.9% 29 28 - 3.4%$2,500,000 to $4,999,999 94 95 + 1.1% 81 49 - 39.5% 94 95 + 1.1% 50 49 - 2.0%$5,000,000 to $9,999,999 56 51 - 8.9% 38 36 - 5.3% 53 51 - 3.8% 33 36 + 9.1%$10,000,000 and Above 24 22 - 8.3% 8 9 + 12.5% 21 22 + 4.8% 7 9 + 28.6%All Price Ranges 502 428 - 14.7% 496 384 - 22.6% 463 428 - 7.6% 394 384 - 2.5%

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


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

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.

276 345217

97 62 30 62 22 2

214

392

206102 59 36 80 28 4

< $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 11-2013 11-2014

- 22.5%

555 5571,113

511 6101,121

Singe Family Townhouse-Condo All Properties

By Property Type 11-2013 11-2014

+ 13.6% - 5.1% + 5.2% - 4.8% + 20.0% + 29.0% + 27.3% + 100.0% - 7.9% + 9.5% + 0.7%

65156 202

123 93 59175

943231

127 145 96 94 59144

87 31

< $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 11-2013 11-2014

- 52.3%

502 496999

428 384814

Singe Family Townhouse-Condo All Properties

By Property Type 11-2013 11-2014

- 18.6% - 28.2% - 22.0% + 1.1% 0.0% - 17.7% - 7.4% - 3.1% - 14.7% - 22.6% - 18.5%

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Glossary of Terms

New Listings

Pending Sales

Closed Sales

Median Sales Price

Average Sales Price

Percent of List Price Received

Days on Market Until Sale

Housing Affordability Index


Months Supply of Inventory


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 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.

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november 2014 sales stats

Documents

percent change ytd

percent changes

inclosed sales

townhousecondo properties

single familyduplex

single familyduplex

townhousecondo units

year change inwith