january2018 colorado springs metro - · pdf filejanuary2018 *the top 20 largest cities and top...
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www.zillow.com/research/
MARCH2018 Colorado Springs Metro
National Home Values
Current: $213,146Monthly Change: 0.5%Quarterly Change: 1.8%Annual Change: 8%Negative Equity*: 10.4%
Colorado Springs Home Values
Current: $277,377Monthly Change: 0.9%Quarterly Change: 3.2%Annual Change: 11%Negative Equity*: 8.1%
Home Values Forecast
(next 12 months)
National: 4.2%Colorado Springs Metro: 4.3%
Major Cities - Home Values
Colorado SpringsCurrent: $273,225Monthly Change: 0.9%Annual Change: 11.2%
Security-WidefieldCurrent: $235,807Monthly Change: 0.9%Annual Change: 13.9%
FountainCurrent: $241,831Monthly Change: 0.9%Annual Change: 11.3%
Cimarron HillsCurrent: $239,520Monthly Change: 0.8%Annual Change: 15%
Black ForestCurrent: $530,288Monthly Change: 0.9%Annual Change: 9%
Esri, HERE, Garmin, © OpenStreetMap contributors, and the GIS user community
City ZHVI Year-over-Year5.8% 5.9% - 9.6% 9.7% - 11.3% 11.4% - 13.9% 14.0% - 17.1%
Home Values (ZHVI)Increasing Values: 95.2%Decreasing Values: 2.8%Fall From Peak: 0%Peak ZHVI Date: 2018-03Peak ZHVI: $277,377
RentZillow Rent Index: $1,516
Monthly Change: 0.5%Annual Change: 6.2%
Rent List Price: $1,500Rent List/Sq. Ft.: $1.1
SalesMedian Sale Price: $272,200
Monthly Change: –%Annual Change: –%
Sale Price/Sq. Ft.: $–Sale-to-list Price Ratio: –Sold for a Loss/Gain: –%/–%
ListingsMedian List Price: $335,000
Monthly Change: –%Annual Change: –%
List Price/Sq. Ft.: $182Listings with Price Cut: 10.1%Amount of Price Cut: 2%
ForeclosuresHomes Foreclosed: –/10, 000
Monthly Change: –Annual Change: –
Foreclosure Resales: –%Monthly Change: –ppAnnual Change: –pp
How do we track home values? Totrack home values, we use the ZillowHome Value Index (ZHVI). The ZHVI isthe mid-point of estimated home valuesfor the area. Half the estimated homevalues are above this number and halfare below.
* Negative equity data is from 2017Q1.
MARCH2018
*The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods and ZIP codes may be
available online at www.zillow.com/research/data by emailing [email protected]
Zillow Research:Zillow R© is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the placethey call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics andanalytics bureau led by Zillow’s Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housingdata and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price ExpectationsSurvey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow HomeValue Index over the next five years. Zillow also sponsors the bi-annual Zillow Housing Confidence Index (ZHCI) which measures consumer confidence inlocal housing markets, both currently and over time. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z), andheadquartered in Seattle.
www.zillow.com/research/
Largest Cities Covered by Zillow
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Black Forest 530,288 0.9 3.1 9 530,288 2018-03 0.0 2,434 0.1 0 2.4 551,201.3 3.9 2012 Q2 6.4Calhan 266,217 1.7 4.5 13.6 266,217 2018-03 0.0 1,444 0.6 2 7.2 280,174.6 5.2 2012 Q4 7Cimarron Hills 239,520 0.8 3.8 15 239,520 2018-03 0.0 1,392 0.1 0.6 4.7 250,724.8 4.7 2011 Q3 7.4Colorado Springs 273,225 0.9 3.3 11.2 273,225 2018-03 0.0 1,501 0.5 1.4 6.4 284,976.5 4.3 2011 Q1 8.1Cripple Creek 174,173 0.3 2.6 9 174,173 2018-03 0.0 1,169 1.5 0 -4.6 181,181 4 2011 Q3 11Divide 278,902 0.4 2 10.8 278,902 2018-03 0.0 1,592 0.8 3 9.8 290,805 4.3 2011 Q3 6.6Elbert 396,730 1.2 4 12.4 396,730 2018-03 0.0 1,954 0.4 1.7 7.3 412,863.3 4.1 2012 Q2 3.9Florissant 247,037 0.3 2.4 9.6 247,037 2018-03 0.0 1,501 0.1 2.2 9.1 258,128.3 4.5 2011 Q3 5.9Fountain 241,831 0.9 3.3 11.3 241,831 2018-03 0.0 1,399 0.1 0.4 4.4 251,970.8 4.2 2011 Q1 11Gleneagle 402,333 0.7 2.8 9 402,333 2018-03 0.0 2,070 1.2 3.2 6.3 417,024.1 3.7 2011 Q4Manitou Springs 359,961 1.1 3.2 10.6 359,961 2018-03 0.0 1,653 0.5 1.3 7.2 374,924.5 4.2 2011 Q4 6.1Monument 464,886 0.3 1 5.8 464,886 2018-03 0.0 2,389 0.3 1.3 5.7 478,600.6 3 2010 Q2 5.2Palmer Lake 324,361 1.2 5.3 17.1 324,361 2018-03 0.0 1,573 1.2 2 8.4 336,864.2 3.9 2011 Q1 7.2Peyton 328,487 0.5 1.8 8.7 328,487 2018-03 0.0 1,678 -0.2 0.5 4.6 342,147.4 4.2 2011 Q3 8.6Security-Widefield 235,807 0.9 3.3 13.9 235,807 2018-03 0.0 1,388 0.2 0.6 4.1 246,215.5 4.4 2011 Q1 8.3Stratmoor 199,310 1.1 4 15.8 199,310 2018-03 0.0 1,308 0.8 1.8 6 210,010.6 5.4 2011 Q3Woodland Park 320,196 0.4 1.8 9.5 320,196 2018-03 0.0 1,645 1.4 2 3.9 334,894.5 4.6 2011 Q3 6.9
Largest Counties Covered by Zillow
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El Paso 277,021 0.9 3.2 11 277,021 2018-03 0.0 1,513 0.4 1.1 6.2 288,817.8 4.3 2011 Q1 8.2Teller 279,692 0.3 1.6 9.6 279,692 2018-03 0.0 1,577 1 2.1 7.4 292,631.7 4.6 2011 Q3 7.0