december 2014 fcbr housing report

November 2014 Activity Snapshot

One-Year Change in One-Year Change in

Single FamilySold Listings

Single FamilyDays On Market

2

Monthly Indicators

- 0.5% + 1.2% + 11.8%One-Year Change inWith 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 down 18.6 percent for single family homes and 4.4 percent

Single FamillyMedian Sales Price

Residential real estate activity in Area 9, comprised of single-family properties, townhomes and condominiums. Percent changes are calculated using rounded figures.

Single Family Activity Overview 23456789

101112131415

Click on desired metric to jump to that page.

for townhouse-condo properties. Pending sales clocked in at 207 for single family homes and 45 for townhouse-condo properties.

The Median Sales Price was up 11.8 percent to $289,999 for single family homes and 21.2 percent to $202,950 for townhouse-condo properties. Months Supply of Inventory stood at 1.8 for single family units and 1.1 months 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.

Single Family Activity Overview

All Properties Activity Overview

Current as of December 6, 2014.All data from IRES, LLC. Powered by 10K Research and Marketing.

Townhouse-Condo Activity Overview

Days on Market Until SaleHousing Affordability IndexAll Properties Activity OverviewSold Listings and Inventory by Price RangeGlossary of Terms

New ListingsPending SalesSold ListingsMedian Sales PriceAverage Sales PricePercent of List Price Received

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

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

-- --

Sold Listings 204 203 - 0.5% 3,005 2,959 - 1.5%

Median Sales Price $259,450 $289,999 + 11.8% $261,500 $279,500 + 6.9%

- 6.1%

Pending Sales 199 207 + 4.0% 3,028 3,105 + 2.5%

New Listings 199 162 - 18.6% 3,840 3,606

Under Contract Not enough historical data for chart -- -- -- --

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

-- --

Current as ofDecember 6, 2014.All data from IRES, LLC. Powered by 10K Research and Marketing. | Click for Cover Page | 2

-- --

Months Supply Not enough historical data for chart -- 1.8 -- --

Active Listings Not enough historical data for chart -- 488 -- --

Affordability Index 136 120 - 11.8% 135 124 - 8.1%

Pct. of List Price Received 98.3% 99.0% + 0.7% 98.9% 99.2% + 0.3%

Avg. Sales Price $306,012 $323,705 + 5.8% $299,486 $319,719

Days on Market 85 86 + 1.2% 80 81 + 1.3%

+ 6.8%

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

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


-- --

Sold Listings 54 40 - 25.9% 735 773 + 5.2%


+ 7.9%

Pending Sales 48 45 - 6.3% 778 829 + 6.6%

New Listings 45 43 - 4.4% 824 889


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

-- --


-- --





Avg. Sales Price $185,801 $205,878 + 10.8% $178,608 $196,747

Days on Market 71 92 + 29.6% 73 67 - 8.2%

+ 10.2%

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

New Listings

New ListingsSingleFamily

Year-Over-YearChange

Townhouse-Condo


Dec-2013 143 +3.6% 32 +23.1%

Jan-2014 283 +5.6% 64 +28.0%

Feb-2014 272 -7.8% 59 -10.6%

Mar-2014 332 -9.3% 101 +27.8%

Apr-2014 462 +20.9% 86 -25.2%

May-2014 424 -17.5% 86 -1.1%

Jun-2014 447 -7.6% 101 +13.5%

Jul-2014 366 -11.6% 114 +17.5%

Aug-2014 321 -11.8% 106 +19.1%

Sep-2014 273 -9.0% 63 +3.3%

Oct-2014 264 +3.9% 66 +43.5%

Nov-2014 162 -18.6% 43 -4.4%

12-Month Avg 312 -5.8% 77 +8.4%

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

194

48

199

45

162

43

November

3,458

809

3,840

824

3,606

889

Year to Date

2012 2013 2014

- 4 4%- 6 3%18 6%+ 2 6% + 1 9%6 1%+ 11 0% + 7 9%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 38 6% + 8 8% + 14 1%+ 23 1%12 Month Avg 312 5.8% 77 +8.4%

Historical New Listings by Month


Single Family Townhouse-Condo

0

100

200

300

400

500

600

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



2012 2013 2014

- 4.4%- 6.3%- 18.6%+ 2.6% + 1.9%- 6.1%+ 11.0% + 7.9%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 38.6% + 8.8% + 14.1%+ 23.1%

Pending Sales

Pending SalesSingleFamily


Townhouse-Condo


Dec-2013 150 -9.6% 27 -18.2%

Jan-2014 228 -4.2% 59 +11.3%

Feb-2014 245 -4.3% 60 +5.3%

Mar-2014 332 +0.3% 96 +26.3%

Apr-2014 357 +14.1% 73 -34.8%

May-2014 319 -10.6% 81 -6.9%

Jun-2014 351 +0.6% 91 +18.2%

Jul-2014 307 +3.7% 110 +54.9%

Aug-2014 254 +3.7% 91 +15.2%

Sep-2014 270 +24.4% 63 +18.9%

Oct-2014 235 +3.5% 60 -7.7%

Nov-2014 207 +4.0% 45 -6.3%

12-Month Avg 271 +1.9% 71 +5.5%

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

182

44

199

48

207

45

November

2,728

681

3,028

778

3,105

829

Year to Date

2012 2013 2014

- 6 3%+ 9 1%+ 4 0%+ 9 3% + 14 2%+ 2 5%+ 11 0% + 6 6%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 15 9% + 23 3% + 21 2%+ 29 4%12 Month Avg 271 +1.9% 71 +5.5%

Historical Pending Sales by Month



0

100

200

300

400

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



2012 2013 2014

- 6.3%+ 9.1%+ 4.0%+ 9.3% + 14.2%+ 2.5%+ 11.0% + 6.6%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 15.9% + 23.3% + 21.2%+ 29.4%

Sold Listings

Sold ListingsSingleFamily


Townhouse-Condo


Dec-2013 236 +34.1% 61 +24.5%

Jan-2014 146 -13.6% 32 -5.9%

Feb-2014 170 -7.1% 51 +27.5%

Mar-2014 233 -13.1% 61 +19.6%

Apr-2014 283 -0.4% 79 +19.7%

May-2014 360 +10.1% 76 -25.5%

Jun-2014 346 +5.2% 87 -2.2%

Jul-2014 337 -14.0% 87 -6.5%

Aug-2014 314 -8.7% 98 +24.1%

Sep-2014 268 +9.4% 89 +9.9%

Oct-2014 299 +15.0% 73 +58.7%

Nov-2014 203 -0.5% 40 -25.9%

12-Month Avg 266 +0.4% 70 +6.4%

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

213

50

204

54

203

40

November

2,623

654

3,005

735

2,959

773

Year to Date

2012 2013 2014

- 25 9%+ 8 0%0 5%4 2% + 12 4%1 5%+ 14 6% + 5 2%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 27 5% + 23 0% + 18 7%+ 51 5%12 Month Avg 266 +0.4% 70 +6.4%

Historical Sold Listings by Month



0

100

200

300

400

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



2012 2013 2014

- 25.9%+ 8.0%- 0.5%- 4.2% + 12.4%- 1.5%+ 14.6% + 5.2%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 27.5% + 23.0% + 18.7%+ 51.5%

Median Sales Price

Median Sales PriceSingleFamily


Townhouse-Condo


Dec-2013 $256,945 +4.9% $186,250 +9.6%

Jan-2014 $249,050 -0.6% $184,500 +1.7%

Feb-2014 $250,725 +3.2% $179,601 +22.4%

Mar-2014 $256,000 +0.4% $160,000 -1.5%

Apr-2014 $280,000 +7.1% $180,000 +12.7%

May-2014 $286,000 +7.9% $175,000 +11.1%

Jun-2014 $276,250 +0.8% $179,000 +0.6%

Jul-2014 $290,000 +6.6% $181,000 +13.9%

Aug-2014 $286,575 +7.0% $175,000 +4.2%

Sep-2014 $287,103 +10.4% $208,000 +6.7%

Oct-2014 $284,350 +11.5% $207,500 +30.5%

Nov-2014 $289,999 +11.8% $202,950 +21.2%

12-Month Avg* $277,700 +6.8% $185,000 +10.2%

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

$252,000

$166,500

$259,450

$167,500

$289,999

$202,950

November

$246,000

$153,500

$261,500

$167,900

$279,500

$185,000

Year to Date

2012 2013 2014

+ 21 2%+ 0 6%+ 11 8%+ 3 0% + 9 4%+ 6 9%+ 6 3% + 10 2%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 2 9% + 3 5% 0 6%- 1 9%12 Month Avg $277,700 +6.8% $185,000 +10.2%

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.



$125,000

$150,000

$175,000

$200,000

$225,000

$250,000

$275,000

$300,000

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



2012 2013 2014

+ 21.2%+ 0.6%+ 11.8%+ 3.0% + 9.4%+ 6.9%+ 6.3% + 10.2%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 2.9% + 3.5% - 0.6%- 1.9%

Average Sales Price

Avg. Sales PriceSingleFamily


Townhouse-Condo


Dec-2013 $305,645 +3.8% $201,100 +6.6%

Jan-2014 $295,825 +2.7% $205,325 +9.8%

Feb-2014 $286,294 -1.1% $187,404 +16.0%

Mar-2014 $296,832 +5.0% $176,185 +1.5%

Apr-2014 $317,729 +9.9% $192,505 +17.6%

May-2014 $337,091 +16.2% $191,299 +9.5%

Jun-2014 $314,397 +1.3% $187,686 -4.5%

Jul-2014 $330,556 +4.7% $192,105 +13.6%

Aug-2014 $329,134 +9.0% $188,734 +9.5%

Sep-2014 $327,116 +7.1% $211,249 +3.7%

Oct-2014 $323,927 +7.1% $231,361 +40.1%

Nov-2014 $323,705 +5.8% $205,878 +10.8%

12-Month Avg* $318,679 +6.5% $197,065 +10.0%

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

$277,323

$170,797

$306,012

$185,801

$323,705

$205,878

November

2012 2013 2014

+ 10 8%+ 8 8%+ 5 8%+ 10 3%2012 2013 2014

0 0% + 0 6%

$280,492

$163,111

$299,486

$178,608

$319,719

$196,747

Year to Date

+ 10 2%+ 9 5%2012 2013 2014 2012 2013 2014

+ 6 8%+ 6 8%+ 2 5% + 4 8%12 Month Avg $318,679 +6.5% $197,065 +10.0%

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.



$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

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


2012 2013 2014

+ 10.8%+ 8.8%+ 5.8%+ 10.3%2012 2013 2014

- 0.0% + 0.6%


+ 10.2%+ 9.5%2012 2013 2014 2012 2013 2014

+ 6.8%+ 6.8%+ 2.5% + 4.8%

Percent of List Price Received

Pct. of List Price Received

SingleFamily


Townhouse-Condo


Dec-2013 98.5% +1.1% 99.0% +1.1%

Jan-2014 98.0% +0.1% 98.0% -0.4%

Feb-2014 98.9% +0.8% 98.6% +0.2%

Mar-2014 98.6% -0.3% 98.9% 0.0%

Apr-2014 99.5% +0.5% 100.0% +1.1%

May-2014 99.4% +0.2% 99.9% +0.7%

Jun-2014 99.5% +0.2% 99.5% +0.4%

Jul-2014 99.6% +0.5% 99.5% +0.1%

Aug-2014 99.1% +0.2% 99.2% +0.1%

Sep-2014 98.9% -0.1% 99.7% +0.1%

Oct-2014 99.3% +0.6% 99.5% +1.1%

Nov-2014 99.0% +0.7% 99.2% +1.6%

12-Month Avg* 98.8% +0.3% 98.9% +0.5%

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.

98.1% 98.1%98.3% 97.6%99.0% 99.2%

November

98.4% 97.8%98.9% 99.0%99.2% 99.4%

Year to Date

2012 2013 2014

+ 1 6%- 0 5%+ 0 7%+ 0 2% + 1 2%+ 0 3%+ 0 5% + 0 4%2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 1 1% + 0 9% + 0 4%+ 0 8%12 Month Avg 98.8% +0.3% 98.9% +0.5%

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.



94%

95%

96%

97%

98%

99%

100%

101%

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



2012 2013 2014

+ 1.6%- 0.5%+ 0.7%+ 0.2% + 1.2%+ 0.3%+ 0.5% + 0.4%2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 1.1% + 0.9% + 0.4%+ 0.8%

Days on Market Until Sale

Days on MarketSingleFamily


Townhouse-Condo


Dec-2013 99 -6.6% 104 +31.6%

Jan-2014 103 -1.0% 97 +16.9%

Feb-2014 95 -18.1% 60 -51.2%

Mar-2014 90 +7.1% 66 -9.6%

Apr-2014 76 -8.4% 63 -7.4%

May-2014 76 +7.0% 60 -22.1%

Jun-2014 80 +5.3% 56 -11.1%

Jul-2014 64 -8.6% 47 -24.2%

Aug-2014 81 +3.8% 47 -26.6%

Sep-2014 75 +10.3% 95 +3.3%

Oct-2014 87 +10.1% 81 +47.3%

Nov-2014 86 +1.2% 92 +29.6%

12-Month Avg 82 +0.3% 69 -6.1%

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

106

60

85

71

8692

November

103

90

8073

81

67

Year to Date

2012 2013 2014

+ 29 6%+ 18 3%+ 1 2%19 8% 18 9%+ 1 3%22 3% 8 2%

2012 2013 2014 2012 2013 2014 2012 2013 2014

8 6% 8 8% 26 2%- 50 0%12 Month Avg 82 +0.3% 69 6.1%

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.



25

50

75

100

125

150

175

200

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



2012 2013 2014

+ 29.6%+ 18.3%+ 1.2%- 19.8% - 18.9%+ 1.3%- 22.3% - 8.2%

2012 2013 2014 2012 2013 2014 2012 2013 2014

- 8.6% - 8.8% - 26.2%- 50.0%

Housing Affordability Index

Affordability IndexSingleFamily


Townhouse-Condo


Dec-2013 131 -13.8% 181 -17.4%

Jan-2014 132 -9.6% 179 -10.9%

Feb-2014 133 -9.5% 186 -23.8%

Mar-2014 131 -6.4% 210 -4.1%

Apr-2014 119 -14.4% 185 -18.5%

May-2014 120 -9.1% 196 -11.7%

Jun-2014 124 +2.5% 191 +2.7%

Jul-2014 118 -3.3% 189 -10.0%

Aug-2014 120 -2.4% 196 0.0%

Sep-2014 119 -7.0% 164 -4.1%

Oct-2014 122 -6.9% 167 -20.5%

Nov-2014 120 -11.8% 171 -19.0%

12-Month Avg 124 -10.9% 135 -18.5%

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.

146

222

136

211

120

171

November

2012 2013 2014

19 0%5 0%11 8%6 8%2012 2013 2014

+ 4 3% + 9 9%

150

240

135

210

124

187

Year to Date

11 0%- 12 5%8 1%10 0%+ 4 2% + 8 1%2012 2013 2014 2012 2013 2014 12 Month Avg 124 10.9% 135 18.5%

Historical Housing Affordability Index by Month



100

125

150

175

200

225

250

275

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


2012 2013 2014

- 19.0%- 5.0%- 11.8%- 6.8%2012 2013 2014

+ 4.3% + 9.9%


- 11.0%- 12.5%- 8.1%- 10.0%+ 4.2% + 8.1%2012 2013 2014 2012 2013 2014

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


-- --

Sold Listings 258 243 - 5.8% 3,740 3,732 - 0.2%


- 3.6%

Pending Sales 247 252 + 2.0% 778 829 + 6.6%

New Listings 244 205 - 16.0% 4,664 4,495


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

-- --


-- --





Avg. Sales Price $280,852 $304,309 + 6.7% $275,724 $294,241

Days on Market 82 87 - 1.3% 79 78 - 1.3%

+ 6.7%

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

Sold Listings

By Price Range 11-2013 11-2014 Change 11-2013 11-2014 Change 10-2014 11-2014 Change 10-2014 11-2014 Change 11-2013 11-2014 Change 11-2013 11-2014 Change$99,999 and Below 32 29 - 9.4% 40 21 - 47.5% 3 3 0.0% 2 0 - 100.0% 30 28 - 6.7% 37 19 - 48.6%$100,000 to $199,999 458 290 - 36.7% 515 467 - 9.3% 25 21 - 16.0% 32 20 - 37.5% 428 254 - 40.7% 487 434 - 10.9%$200,000 to $299,999 1,552 1,549 - 0.2% 190 293 + 54.2% 144 87 - 39.6% 30 18 - 40.0% 1,459 1,439 - 1.4% 175 274 + 56.6%$300,000 to $399,999 657 753 + 14.6% 21 42 + 100.0% 76 44 - 42.1% 6 2 - 66.7% 631 705 + 11.7% 20 36 + 80.0%$400,000 to $499,999 245 287 + 17.1% 14 6 - 57.1% 29 31 + 6.9% 0 0 -- 231 264 + 14.3% 13 5 - 61.5%$500,000 to $699,999 173 201 + 16.2% 4 4 0.0% 11 15 + 36.4% 2 0 - 100.0% 167 187 + 12.0% 3 4 + 33.3%$700,000 to $999,999 53 68 + 28.3% 0 1 -- 8 1 - 87.5% 1 0 - 100.0% 50 65 + 30.0% 0 1 --$1,000,000 to $1,999,999 10 17 + 70.0% 0 0 -- 3 1 - 66.7% 0 0 -- 9 16 + 77.8% 0 0 --$2,000,000 and Above 1 1 0.0% 0 0 -- 0 0 -- 0 0 -- 0 1 -- 0 0 --All Price Ranges 3,181 3,195 + 0.4% 784 834 + 6.4% 299 203 - 32.1% 73 40 - 45.2% 3,005 2,959 - 1.5% 735 773 + 5.2%

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

3,181

784

3,9653,195

834

4,029

Singe Family Townhouse-Condo All Properties

By Property Type 11-2013 11-2014

72

973

1,742

678259 177 53 10 150

757

1,842

795293 205 69 17 1

< $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 11-2013

0.0%- 30.6% - 22.2% + 5.7% + 17.3% + 70.0%+ 13.1% + 15.8% + 30.2% + 0.4% + 6.4% + 1.6%

Inventory of Active Listings

By Price Range 11-2013 11-2014 Change 11-2013 11-2014 Change 10-2014 11-2014 Change 10-2014 11-2014 Change$99,999 and Below -- -- -- -- -- -- -- -- -- -- -- --$100,000 to $199,999 -- -- -- -- -- -- -- -- -- -- -- --$200,000 to $299,999 -- -- -- -- -- -- -- -- -- -- -- --$300,000 to $399,999 -- -- -- -- -- -- -- -- -- -- -- --$400,000 to $499,999 -- -- -- -- -- -- -- -- -- -- -- --$500,000 to $699,999 -- -- -- -- -- -- -- -- -- -- -- --$700,000 to $999,999 -- -- -- -- -- -- -- -- -- -- -- --$1,000,000 to $1,999,999 -- -- -- -- -- -- -- -- -- -- -- --$2,000,000 and Above -- -- -- -- -- -- -- -- -- -- -- --All Price Ranges -- -- -- -- -- -- -- -- -- -- -- --

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.

Rolling 12 Months Compared to Prior Month Year to DateSingle Family Condo Single Family Condo Single Family Condo

Not enough historical data for chart. At some point in the near future, this section should be full.

Singe Family Townhouse-Condo All Properties

By Property Type

< $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 11-2013 11-2014

---- -- -- -- ---- -- -- -- ----

Glossary of Terms

New Listings

Pending Sales

Under Contract Activity

Sold Listings

Median Sales Price A measure of home values in a market area where 50% of activity was higher and 50% was lower than this price point.

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 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 count of all listings Under Contract during the reported period. Listings that go Under Contract are counted each day. There is no maximum number of times a listing can be counted as Under Contract. For example, if a listing goes into Under Contract, out of Under Contract, then back into Under Contract all in one reported period, this listing would be counted twice.

A measure of home sales that were closed to completion during the report period.

Average Sales Price

Percent of List Price Received

Days on Market Until Sale

Housing Affordability Index

Active Listings

Months Supply of Inventory


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 sum of all home sales prices divided by total number of sales.

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.

december 2014 fcbr housing report

Documents

single family homes

single family units

percent change ytd

townhousecondo properties

activity snapshot

percent changes

historical data

townhousecondo units