metro region single family and townhouse-condo december 2016 - colorado metro december 2016.pdf ·...
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Content © 2016 Colorado Association of REALTORS®
Single Family and Townhouse-CondoDecember 2016
Metro Region
Total Market Overview Report December 2016Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Metro Region
Key Metrics Historical Sparkbars 12-2015 12-2016 Percent Change YTD-2015 YTD-2016 Percent Change
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 1
Months Supply of Inventory 1.7 1.2 - 29.4% -- -- --
Inventory of Active Listings 8,304 5,890 - 29.1%
- 14.5%
-- --
100
--
0.0%
Housing Affordability Index 116 100 - 13.8% 117
0.0% 27 27
99.1% 0.0% 100.2%
Days on Market Until Sale 34 34
60,285
$394,801
$345,000
100.1%
Median Sales Price $311,300 $345,000 + 10.8% $310,000
Average Sales Price $368,334 $392,118 + 6.5% $360,562
Percent of List Price Received 99.1%
Sold Listings 4,935 4,680 - 5.2% 59,860 + 0.7%
+ 11.3%
+ 9.5%
- 0.1%
61,258 + 0.7%
70,001 - 0.7%
Pending / Under Contract 2,980 3,527 + 18.4% 60,829
70,463New Listings 2,525 2,771 + 9.7%11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
Single Family Market Overview December 2016Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Metro Region
Key Metrics Historical Sparkbars 12-2015 12-2016 Percent Change YTD-2015 YTD-2016 Percent Change
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 2
Months Supply of Inventory 1.9 1.3 - 31.6% -- -- --
Inventory of Active Listings 6,695 4,670
+ 8.9% $343,000
- 30.2% --
29
+ 4.8% $400,369
99.9%
--
92
Days on Market Until Sale 36 37 + 2.8% 29
Housing Affordability Index 106 93 - 12.3% 106
Percent of List Price Received 98.9% 98.9% 0.0% 100.0%
Average Sales Price $404,901 $424,482
Median Sales Price $342,000 $372,500
- 4.2% 43,077
Pending / Under Contract 2,184 2,610 + 19.5% 43,811
Sold Listings 3,542 3,393
New Listings 1,853 1,992 + 7.5% 51,646
+ 2.2%
+ 0.3%
44,758
51,814
44,053 + 2.3%
+ 9.3%
$433,732 + 8.3%
$375,000
- 0.1%
- 13.2%
--
0.0%
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
Townhouse-Condo Market Overview December 2016Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Metro Region
Key Metrics Historical Sparkbars 12-2015 12-2016 Percent Change YTD-2015 YTD-2016 Percent Change
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 3
Months Supply of Inventory 1.2 0.9 - 25.0% -- -- --
Inventory of Active Listings 1,609 1,220 - 24.2%
- 15.3%
-- --
144
--
0.0%- 7.1% 21 21
Housing Affordability Index 162 135 - 16.7% 170
99.6% 0.0% 100.6%
Days on Market Until Sale 28 26
16,232
$289,137
$240,000
100.6%
Median Sales Price $223,000 $255,500 + 14.6% $212,500
Average Sales Price $275,379 $306,795 + 11.4% $258,409
Percent of List Price Received 99.6%
Sold Listings 1,393 1,287 - 7.6% 16,783 - 3.3%
+ 12.9%
+ 11.9%
0.0%
16,500 - 3.0%
18,187 - 3.3%
Pending / Under Contract 796 917 + 15.2% 17,018
New Listings 672 779 + 15.9% 18,81711-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
11-2015 3-2016 7-2016 11-2016
New Listings December 2016Metro Region
New ListingsSingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
Jan-2016 2,993 +3.1% 1,128 -0.4%
Feb-2016 3,365 +1.0% 1,246 +6.2%
Mar-2016 4,522 +0.9% 1,596 -7.1%
Apr-2016 5,117 -7.9% 1,738 -11.5%
May-2016 5,434 -1.0% 1,798 -10.8%
Jun-2016 6,191 +11.0% 1,980 -1.5%
Jul-2016 5,522 -7.3% 1,873 -8.0%
Aug-2016 5,227 +3.3% 1,829 +0.9%
Sep-2016 4,752 +3.2% 1,672 +1.3%
Oct-2016 3,794 -10.0% 1,429 -9.6%
Nov-2016 2,905 +11.2% 1,119 +6.2%
Dec-2016 1,992 +7.5% 779 +15.9%
Historical New Listings by Month
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 4
1,836
663
1,853
672
1,992
779
Single Family Townhouse-Condo
December
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
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 1-2016 5-2016 9-2016
Single Family Townhouse-Condo
48,716
16,926
51,646
18,817
51,814
18,187
Single Family Townhouse-Condo
Year to Date
+ 0.9% + 7.5%Dec-16Dec-15Dec-16Dec-15 Dec-15Dec-16Dec-15 Dec-16
+ 1.4% + 15.9% + 6.0% + 0.3% + 11.2% - 3.3%Dec-14 Dec-14 Dec-14Dec-14
+ 25.2%- 8.2%+ 7.5%+ 1.7%
Pending / Under Contract December 2016Metro Region
Pending / Under Contract
SingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
Jan-2016 2,770 +2.0% 1,065 +4.8%
Feb-2016 3,240 +3.9% 1,195 +2.1%
Mar-2016 3,737 -6.2% 1,385 -10.1%
Apr-2016 4,151 -3.4% 1,445 -10.1%
May-2016 4,607 +2.4% 1,616 -6.8%
Jun-2016 4,356 +0.4% 1,614 -7.9%
Jul-2016 4,217 +0.4% 1,614 -2.2%
Aug-2016 4,349 +4.2% 1,631 -0.4%
Sep-2016 3,787 +3.9% 1,412 -3.9%
Oct-2016 3,831 +4.9% 1,404 -4.4%
Nov-2016 3,103 +3.1% 1,202 +2.3%
Dec-2016 2,610 +19.5% 917 +15.2%
Historical Pending / Under Contract by Month
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 5
1,979
770
2,184
796
2,610
917
Single Family Townhouse-Condo
December
0
1,000
2,000
3,000
4,000
5,000
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 1-2016 5-2016 9-2016
Single Family Townhouse-Condo
41,487
15,356
43,811
17,018
44,758
16,500
Single Family Townhouse-Condo
Year to Date
+ 10.4% + 19.5%Dec-16Dec-15Dec-16Dec-15 Dec-15Dec-16Dec-15 Dec-16
+ 3.4% + 15.2% + 5.6% + 2.2% + 10.8% - 3.0%Dec-14 Dec-14 Dec-14Dec-14
+ 33.4%- 5.8%+ 19.2%- 1.2%
Sold Listings December 2016Metro Region
Sold ListingsSingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
Jan-2016 2,361 +18.1% 871 +11.4%
Feb-2016 2,474 +5.6% 994 +7.8%
Mar-2016 3,383 +2.1% 1,250 -3.9%
Apr-2016 3,607 -2.1% 1,343 -3.2%
May-2016 4,129 +1.3% 1,511 +0.1%
Jun-2016 4,549 -4.1% 1,525 -14.1%
Jul-2016 4,196 -8.7% 1,549 -15.9%
Aug-2016 4,413 +6.0% 1,627 -1.5%
Sep-2016 4,089 +2.4% 1,561 -3.3%
Oct-2016 3,824 +1.9% 1,412 -3.6%
Nov-2016 3,635 +26.7% 1,302 +14.2%
Dec-2016 3,393 -4.2% 1,287 -7.6%
Historical Sold Listings by Month
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 6
3,136
1,194
3,542
1,393
3,393
1,287
Single Family Townhouse-Condo
December
0
1,000
2,000
3,000
4,000
5,000
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 1-2016 5-2016 9-2016
Single Family Townhouse-Condo
41,749
15,166
43,077
16,783
44,053
16,232
Single Family Townhouse-Condo
Year to Date
Dec-16Dec-15Dec-16Dec-15 Dec-16Dec-15Dec-14 Dec-14 Dec-14Dec-14
+ 12.9% - 4.2% + 16.7% - 7.6% + 3.2% + 2.3% + 10.7% - 3.3%+ 32.4%- 5.9%+ 45.1%+ 1.6%Dec-15 Dec-16
Median Sales Price December 2016Metro Region
Median Sales Price
SingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
Jan-2016 $343,500 +10.1% $216,000 +15.7%
Feb-2016 $355,000 +9.2% $226,500 +19.2%
Mar-2016 $369,500 +8.7% $234,011 +12.0%
Apr-2016 $375,000 +8.7% $239,900 +17.0%
May-2016 $389,000 +9.6% $245,000 +13.5%
Jun-2016 $390,000 +8.9% $247,500 +13.5%
Jul-2016 $384,900 +10.8% $241,000 +12.1%
Aug-2016 $375,000 +8.7% $243,500 +13.3%
Sep-2016 $375,000 +11.3% $242,000 +14.4%
Oct-2016 $370,304 +7.3% $242,000 +13.6%
Nov-2016 $369,000 +9.2% $248,225 +12.3%
Dec-2016 $372,500 +8.9% $255,500 +14.6%
Historical Median Sales Price by Month
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 7
$315,000
$186,000
$342,000
$223,000
$372,500
$255,500
Single Family Townhouse-Condo
December
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
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 1-2016 5-2016 9-2016
Single Family Townhouse-Condo
$304,951
$181,000
$343,000
$212,500
$375,000
$240,000
Single Family Townhouse-Condo
Year to Date
Dec-16Dec-15Dec-16Dec-15 Dec-16Dec-15Dec-14 Dec-14Dec-14
+ 8.6% + 8.9% + 19.9% + 14.6% + 12.5% + 9.3%+ 10.9%+ 17.0%+ 15.6%Dec-14
+ 17.4% + 12.9%+ 13.1%Dec-15 Dec-16
Average Sales Price December 2016Metro Region
Average Sales Price
SingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
Jan-2016 $403,604 +10.9% $270,869 +16.6%
Feb-2016 $405,616 +6.5% $281,429 +13.9%
Mar-2016 $422,428 +7.4% $285,375 +11.7%
Apr-2016 $432,368 +7.7% $283,169 +11.0%
May-2016 $443,863 +7.1% $297,366 +13.4%
Jun-2016 $458,247 +10.5% $291,793 +12.2%
Jul-2016 $450,498 +10.6% $282,710 +10.1%
Aug-2016 $439,146 +9.0% $289,434 +13.4%
Sep-2016 $430,887 +10.1% $286,985 +13.6%
Oct-2016 $428,874 +7.4% $289,702 +10.8%
Nov-2016 $433,160 +8.9% $296,119 +7.5%
Dec-2016 $424,482 +4.8% $306,795 +11.4%
Historical Average Sales Price by Month
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 8
$375,451
$237,340
$404,901
$275,379
$424,482
$306,795
Single Family Townhouse-Condo
December
$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 1-2016 5-2016 9-2016
Single Family Townhouse-Condo
$360,198
$225,153
$400,369
$258,409
$433,732
$289,137
Single Family Townhouse-Condo
Year to Date
+ 7.8% + 4.8%Dec-16Dec-15Dec-16Dec-15 Dec-16Dec-15
+ 16.0% + 11.4% + 11.2% + 8.3%Dec-14 Dec-14Dec-14
+ 8.3%+ 16.8%+ 12.8%Dec-14
+ 14.8% + 11.9%+ 13.6%Dec-15 Dec-16
Percent of List Price Received December 2016Metro Region
Pct. of List Price Received
SingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
Jan-2016 98.9% -0.1% 99.2% 0.0%
Feb-2016 99.4% -0.2% 100.2% +0.3%
Mar-2016 100.0% -0.2% 101.1% +0.5%
Apr-2016 100.6% -0.2% 101.3% 0.0%
May-2016 100.9% +0.1% 101.6% +0.1%
Jun-2016 100.8% -0.1% 101.5% +0.1%
Jul-2016 100.4% -0.2% 101.2% 0.0%
Aug-2016 99.8% -0.4% 100.7% -0.1%
Sep-2016 99.5% -0.1% 100.2% +0.1%
Oct-2016 99.3% +0.1% 99.8% -0.1%
Nov-2016 99.0% -0.1% 99.7% +0.1%
Dec-2016 98.9% 0.0% 99.6% 0.0%
Historical Percent of List Price Received by Month* Pct. of List Price Received for all properties from January 2016 through December 2016. This is not the average of the individual figures above.
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 9
95.0%
96.0%
97.0%
98.0%
99.0%
100.0%
101.0%
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 1-2016 5-2016 9-2016
Single Family Townhouse-Condo
98.9% 99.1%98.9% 99.6%98.9% 99.6%
Single Family Townhouse-Condo
December
99.2% 99.2%100.0% 100.6%99.9% 100.6%
Single Family Townhouse-Condo
Year to Date
0.0%+ 0.5%+ 1.0%+ 0.5% 0.0%0.0% - 0.1%+ 0.8%+ 0.1%Dec-14 Dec-15 Dec-16 Dec-14 Dec-15 Dec-16 Dec-14 Dec-15 Dec-16 Dec-14
+ 1.4% 0.0%+ 0.5%Dec-15 Dec-16
Days on Market Until Sale December 2016Average
b fMetro Region
Days on Market Until Sale
SingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
Jan-2016 42 0.0% 29 -9.4%
Feb-2016 41 0.0% 27 -18.2%
Mar-2016 34 -2.9% 24 -7.7%
Apr-2016 29 0.0% 19 +18.8%
May-2016 27 +12.5% 17 +13.3%
Jun-2016 22 -4.3% 17 +21.4%
Jul-2016 21 0.0% 16 0.0%
Aug-2016 25 +8.7% 18 0.0%
Sep-2016 27 +3.8% 21 0.0%
Oct-2016 29 0.0% 22 -8.3%
Nov-2016 33 0.0% 24 0.0%
Dec-2016 37 +2.8% 26 -7.1%
Historical Days on Market Until Sale by Month* Days on Market for all properties from January 2016 through December 2016. This is not the average of the individual figures above.
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 10
42
3436
28
37
26
Single Family Townhouse-Condo
December
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 1-2016 5-2016 9-2016
Single Family Townhouse-Condo
37
3029
21
29
21
Single Family Townhouse-Condo
Year to Date
- 14.3% + 2.8%Dec-16Dec-15Dec-16Dec-15 Dec-16Dec-15
- 17.6% - 7.1% - 21.6% 0.0%Dec-14 Dec-14Dec-14
- 19.6%- 37.0%- 22.2%Dec-14
- 30.0% 0.0%- 34.8%Dec-15 Dec-16
Housing Affordability Index December 2016Metro Region
Housing Affordability Index
SingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
Jan-2016 103 -12.7% 165 -16.7%
Feb-2016 103 -9.6% 162 -16.5%
Mar-2016 99 -7.5% 156 -10.3%
Apr-2016 98 -8.4% 153 -15.0%
May-2016 94 -9.6% 150 -12.3%
Jun-2016 95 -5.9% 150 -9.6%
Jul-2016 97 -5.8% 154 -7.2%
Aug-2016 99 -4.8% 153 -8.4%
Sep-2016 99 -8.3% 153 -11.0%
Oct-2016 102 -2.9% 155 -9.4%
Nov-2016 97 -9.3% 144 -11.7%
Dec-2016 93 -12.3% 135 -16.7%
Historical Housing Affordability Index by Month
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 11
111
188
106
162
93
135
Single Family Townhouse-Condo
December
115
193
106
170
92
144
Single Family Townhouse-Condo
Year to Date
50
100
150
200
250
300
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 1-2016 5-2016 9-2016
Single Family Townhouse-Condo
- 4.5% - 12.3%Dec-16Dec-15Dec-16Dec-15
- 13.8% - 16.7%Dec-14 Dec-14
- 7.8% - 13.2%Dec-16Dec-15Dec-14
- 6.5%- 11.3%- 10.5%Dec-14
- 11.9% - 15.3%- 8.5%Dec-15 Dec-16
Inventory of Active Listings December 2016Metro Region
Active ListingsSingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
Jan-2016 5,881 -2.8% 1,419 -4.1%
Feb-2016 5,509 -4.9% 1,354 -2.6%
Mar-2016 5,819 +0.7% 1,471 +0.1%
Apr-2016 6,323 -2.7% 1,675 -1.4%
May-2016 6,700 -4.5% 1,736 -7.5%
Jun-2016 7,988 +2.5% 1,976 -1.8%
Jul-2016 8,655 -3.5% 2,084 -7.6%
Aug-2016 8,772 -4.7% 2,097 -7.5%
Sep-2016 8,887 -5.1% 2,149 -5.5%
Oct-2016 7,820 -13.8% 1,950 -10.8%
Nov-2016 6,569 -16.7% 1,624 -14.3%
Dec-2016 4,670 -30.2% 1,220 -24.2%
Historical Inventory of Active Listings by Month
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 12
6,921
1,640
6,695
1,609
4,670
1,220
Single Family Townhouse-Condo
December
0
5,000
10,000
15,000
20,000
25,000
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 1-2016 5-2016 9-2016
Single Family Townhouse-Condo
Dec-16Dec-15Dec-14- 30.2%- 3.3%- 33.1% - 24.2%- 1.9%- 32.3%
Dec-16Dec-15Dec-14
Months Supply of Inventory December 2016Metro Region
Months SupplySingleFamily
Percent Change from Previous
YearTownhouse-
Condo
Percent Change from Previous
Year
Jan-2016 1.6 -5.9% 1.0 -16.7%
Feb-2016 1.5 -11.8% 1.0 -9.1%
Mar-2016 1.6 -5.9% 1.0 -9.1%
Apr-2016 1.7 -10.5% 1.2 -7.7%
May-2016 1.8 -10.0% 1.2 -14.3%
Jun-2016 2.2 0.0% 1.4 -6.7%
Jul-2016 2.4 -4.0% 1.5 -11.8%
Aug-2016 2.4 -7.7% 1.5 -11.8%
Sep-2016 2.5 -3.8% 1.6 0.0%
Oct-2016 2.2 -12.0% 1.4 -12.5%
Nov-2016 1.8 -18.2% 1.2 -14.3%
Dec-2016 1.3 -31.6% 0.9 -25.0%
Historical Months Supply of Inventory by Month
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 13
2.0
1.3
1.9
1.21.3
0.9
Single Family Townhouse-Condo
December
0.0
2.0
4.0
6.0
8.0
10.0
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 1-2016 5-2016 9-2016
Single Family Townhouse-Condo
Dec-16Dec-15Dec-14- 31.6%- 5.0%- 28.6% - 25.0%- 7.7%- 48.0%
Dec-16Dec-15Dec-14
Glossary of Terms December 2016A research tool provided by the Colorado Association of REALTORS® Metro Region
New ListingsA measure of how much new supply is coming onto the market from sellers.
Pending/Under ContractA count of all the listings that went into Pending / Under Contract during the reported period. Pending / Under Contract listings are counted at the end of the reported period. Each listing can only be counted one time. If a listing goes into Pending / Under Contract, out of Pending / Under Contract, then back into Pending / Under Contract 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.
Sold ListingsA measure of home sales that were closed to completion during the report period.
Median Sales PriceA measure of home values in a market area where 50% of activity was higher and 50% was lower than this price point.
Average Sales PriceA sum of all home sales prices divided by total number of sales.
Percent of List Price ReceivedA mathematical calculation of the percent difference from last list price and sold price for those listings sold in the reported period.
Days on Market Until SaleA measure of how long it takes homes to sell, on average.
Housing Affordability IndexA 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.
Inventory of Active ListingsA 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.
Months Supply of InventoryA 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.
Current as of January 4, 2017. Percent changes calculated using year-over-year comparisons. All data from the multiple listing services in the state of Colorado. Report © 2017 ShowingTime. | 14