may 2016 fcbr housing report

April 2016 Activity Snapshot

One-Year Change in One-Year Change in

Single FamilySold Listings

Single FamilyDays On Market

23456789

10111213141516

Click on desired metric to jump to that page.Current as of May 6, 2016. All data from IRES, LLC. Report © 2016 ShowingTime.

Townhouse-Condo Activity Overview

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

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

Glossary of Terms

Monthly Indicators

- 13.0% + 2.6% + 10.1%One-Year Change in

New Listings were down 13.4 percent for single family homes and 6.9 percent for townhouse-condo properties. Pending Sales landed at 313 for single family homes and 73 for townhouse-condo properties.

The Median Sales Price was up 10.1 percent to $352,200 for single family homes and 19.3 percent to $268,375 for townhouse-condo properties. Days on Market increased 2.6 percent for single family homes and 52.8 percent for condo properties.

There have been no striking changes to curtail what should be a decent run of home sales over the next several months. Mortgage rates have remained stubbornly and wonderfully low, the unemployment rate has remained at or near 5.0 percent for eight straight months and wages have increased for a great many people. New construction has been slow, and that may be a damper on sales, but the general outlook remains strong.

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

Sold Listings and Inventory by Price Range

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 4-2015 4-2016 Percent Change YTD-2015 YTD-2016 Percent Change

- 6.9%

Pending Sales 305 313 + 2.6% 1,016 1,016 0.0%

New Listings 404 350 - 13.4% 1,215 1,131

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

Sold Listings 276 240 - 13.0% 868 801 - 7.7%

Median Sales Price $319,750 $352,200 + 10.1% $315,810 $350,000 + 10.8%

+ 11.0%

Pct. of List Price Received 100.6% 100.5% - 0.1% 99.8% 99.8% 0.0%

Avg. Sales Price $358,923 $388,873 + 8.3% $348,455 $386,768

Days on Market 76 78 + 2.6% 84 85 + 1.2%

Affordability Index 115 104 - 9.6% 117 105 - 10.3%

-- --

Current as of May 6, 2016. All data from IRES, LLC. Report © 2016 ShowingTime. | 2

-- --

Months Supply 1.8 1.6 - 11.1% --

Active Listings 475 405 - 14.7% --

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

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


- 22.6%

Pending Sales 92 73 - 20.7% 333 246 - 26.1%

New Listings 102 95 - 6.9% 332 257


Sold Listings 85 66 - 22.4% 270 217 - 19.6%


+ 12.1%

Pct. of List Price Received 101.1% 103.3% + 2.2% 101.0% 101.6% + 0.6%

Avg. Sales Price $233,751 $278,039 + 18.9% $231,277 $259,182

Days on Market 72 110 + 52.8% 73 97 + 32.9%


-- --


-- --

Months Supply 1.0 1.1 + 10.0% --

Active Listings 70 70 0.0% --

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

New Listings

New ListingsSingleFamily

Year-Over-YearChange

Townhouse-Condo


May-2015 438 +3.1% 73 -15.1%

Jun-2015 422 -5.6% 88 -12.9%

Jul-2015 412 +11.7% 85 -26.7%

Aug-2015 370 +14.6% 62 -41.5%

Sep-2015 331 +20.4% 75 +17.2%

Oct-2015 306 +14.2% 69 0.0%

Nov-2015 186 +11.4% 57 +29.5%

Dec-2015 126 -0.8% 42 -35.4%

Jan-2016 215 +1.9% 40 -38.5%

Feb-2016 252 -11.9% 51 -28.2%

Mar-2016 314 0.0% 71 -24.5%

Apr-2016 350 -13.4% 95 -6.9%

12-Month Avg 310 +2.9% 67 -17.8%

Historical New Listings by Month


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

462

88

404

102

350

95

Single Family Townhouse-Condo

April

0

100

200

300

400

500

600

1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016


1,350

311

1,215

332

1,131

257


Year to Date

2014 2015 2016

- 6.9%+ 15.9%- 13.4%- 12.6% + 6.8%- 6.9%- 10.0% - 22.6%

2014 2015 2016 2014 2015 2016 2014 2015 2016

+ 20.9% + 3.0% + 0.3%- 23.5%

Pending Sales

Pending SalesSingleFamily


Townhouse-Condo


May-2015 324 +1.6% 67 -17.3%

Jun-2015 322 -8.5% 80 -12.1%

Jul-2015 308 -0.3% 68 -39.3%

Aug-2015 299 +17.3% 67 -25.6%

Sep-2015 227 -15.0% 59 -6.3%

Oct-2015 242 +4.3% 58 -6.5%

Nov-2015 198 -2.9% 49 +22.5%

Dec-2015 133 -17.9% 45 -6.3%

Jan-2016 218 +17.8% 52 -25.7%

Feb-2016 206 -19.2% 54 -28.0%

Mar-2016 279 +3.0% 67 -30.2%

Apr-2016 313 +2.6% 73 -20.7%

12-Month Avg 256 -1.5% 62 -19.7%

Historical Pending Sales by Month


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

357

75

305

92

313

73


April

0

100

200

300

400

1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016


1,162

289

1,016

333

1,016

246


Year to Date

2014 2015 2016

- 20.7%+ 22.7%+ 2.6%- 14.6% + 15.2%0.0%- 12.6% - 26.1%

2014 2015 2016 2014 2015 2016 2014 2015 2016

+ 14.1% + 2.1% - 3.0%- 33.0%

Sold Listings

Sold ListingsSingleFamily


Townhouse-Condo


May-2015 268 -25.8% 84 +12.0%

Jun-2015 339 -2.0% 89 +1.1%

Jul-2015 319 -5.3% 87 0.0%

Aug-2015 315 0.0% 72 -26.5%

Sep-2015 293 +8.5% 74 -17.8%

Oct-2015 228 -24.8% 57 -23.0%

Nov-2015 185 -11.5% 44 +4.8%

Dec-2015 270 +28.0% 46 -17.9%

Jan-2016 149 -17.2% 38 0.0%

Feb-2016 179 +6.5% 33 -48.4%

Mar-2016 233 -4.5% 80 -3.6%

Apr-2016 240 -13.0% 66 -22.4%

12-Month Avg 252 -6.3% 64 -12.5%

Historical Sold Listings by Month


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

283

79

276

85

240

66


April

0

100

200

300

400

1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016


832

223

868

270

801

217


Year to Date

2014 2015 2016

- 22.4%+ 7.6%- 13.0%- 2.5% + 21.1%- 7.7%+ 4.3% - 19.6%

2014 2015 2016 2014 2015 2016 2014 2015 2016

- 0.4% - 8.0% + 16.8%+ 19.7%

Median Sales Price

Median Sales PriceSingleFamily


Townhouse-Condo


May-2015 $324,950 +13.6% $231,295 +32.2%

Jun-2015 $340,000 +23.1% $212,000 +18.1%

Jul-2015 $332,000 +14.5% $209,900 +16.0%

Aug-2015 $320,000 +11.7% $215,050 +22.9%

Sep-2015 $315,000 +9.6% $228,250 +9.2%

Oct-2015 $315,000 +9.8% $200,000 -3.7%

Nov-2015 $319,000 +10.0% $233,000 +11.4%

Dec-2015 $341,750 +8.6% $207,750 -5.6%

Jan-2016 $329,900 +13.0% $231,000 +5.0%

Feb-2016 $350,000 +13.5% $236,620 -6.5%

Mar-2016 $358,861 +9.9% $269,076 +21.1%

Apr-2016 $352,200 +10.1% $268,375 +19.3%

12-Month Avg* $330,000 +11.9% $225,000 +13.6%

Historical Median Sales Price by Month* Median Sales Price for all properties from May 2015 through April 2016. 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.

$280,000

$180,000

$319,750

$225,000

$352,200

$268,375


April

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016


$261,682

$179,000

$315,810

$225,000

$350,000

$256,000


Year to Date

2014 2015 2016

+ 19.3%+ 25.0%+ 10.1%+ 14.2% + 25.7%+ 10.8%+ 20.7% + 13.8%

2014 2015 2016 2014 2015 2016 2014 2015 2016

+ 7.1% + 2.7% + 10.5%+ 12.7%

Average Sales Price

Avg. Sales PriceSingleFamily


Townhouse-Condo


May-2015 $355,868 +5.6% $232,443 +22.1%

Jun-2015 $383,850 +22.1% $227,558 +20.9%

Jul-2015 $379,984 +15.0% $206,571 +7.5%

Aug-2015 $362,322 +10.1% $211,409 +12.0%

Sep-2015 $347,256 +5.4% $233,155 +8.9%

Oct-2015 $343,792 +5.7% $227,721 -3.1%

Nov-2015 $351,353 +8.3% $243,965 +17.6%

Dec-2015 $374,458 +8.5% $224,070 -14.0%

Jan-2016 $361,665 +8.7% $237,295 +10.3%

Feb-2016 $402,766 +18.6% $235,481 -3.0%

Mar-2016 $388,370 +9.6% $263,798 +16.1%

Apr-2016 $388,873 +8.3% $278,039 +18.9%

12-Month Avg* $370,067 +10.7% $234,401 +9.4%

Historical Average Sales Price by Month* Avg. Sales Price for all properties from May 2015 through April 2016. 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.

$317,729

$192,505

$358,923

$233,751

$388,873

$278,039


April

$100,000

$200,000

$300,000

$400,000

$500,000

1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016


2014 2015 2016

+ 18.9%+ 21.4%+ 8.3%+ 13.0%2014 2015 2016

+ 9.9% + 17.6%

$301,610

$188,714

$348,455

$231,277

$386,768

$259,182


Year to Date

+ 12.1%+ 22.6%2014 2015 2016 2014 2015 2016

+ 11.0%+ 15.5%+ 5.1% + 11.0%

Percent of List Price Received

Pct. of List Price Received

SingleFamily


Townhouse-Condo


May-2015 101.2% +1.8% 102.4% +2.5%

Jun-2015 101.2% +1.7% 102.9% +3.5%

Jul-2015 100.4% +0.8% 102.9% +3.4%

Aug-2015 100.1% +1.0% 100.7% +1.5%

Sep-2015 99.8% +0.9% 101.6% +1.9%

Oct-2015 98.8% -0.5% 100.1% +0.6%

Nov-2015 99.3% +0.2% 100.1% +1.3%

Dec-2015 99.0% +1.0% 99.9% -0.3%

Jan-2016 99.1% +0.6% 99.6% -0.1%

Feb-2016 99.1% -0.4% 99.7% -0.9%

Mar-2016 100.1% +0.2% 102.0% +0.1%

Apr-2016 100.5% -0.1% 103.3% +2.2%

12-Month Avg* 99.3% +0.6% 100.0% +1.6%

Historical Percent of List Price Received by Month* Pct. of List Price Received for all properties from May 2015 through April 2016. 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.

99.5% 100.0%100.6% 101.1%100.5% 103.3%


April

94%

96%

98%

100%

102%

104%

1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016


98.8% 99.1%99.8% 101.0%99.8% 101.6%


Year to Date

2014 2015 2016

+ 2.2%+ 1.1%- 0.1%+ 1.1% + 1.9%0.0%+ 1.0% + 0.6%2014 2015 2016 2014 2015 2016 2014 2015 2016

+ 0.5% + 0.2% + 0.4%+ 1.1%

Days on Market Until Sale

Days on MarketSingleFamily


Townhouse-Condo


May-2015 74 -3.9% 75 +25.0%

Jun-2015 69 -13.8% 66 +17.9%

Jul-2015 64 -1.5% 53 +12.8%

Aug-2015 71 -12.3% 58 +23.4%

Sep-2015 66 -13.2% 78 -17.9%

Oct-2015 78 -12.4% 79 -2.5%

Nov-2015 83 -5.7% 59 -33.7%

Dec-2015 95 +9.2% 52 -49.5%

Jan-2016 93 -3.1% 75 +2.7%

Feb-2016 88 -5.4% 50 -33.3%

Mar-2016 84 +6.3% 115 +59.7%

Apr-2016 78 +2.6% 110 +52.8%

12-Month Avg 77 -5.1% 74 +5.7%

Historical Days on Market Until Sale by Month

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

* Days on Market for all properties from May 2015 through April 2016. This is not the average of the individual figures above.


76

63

7672

78

110


April

25

50

75

100

125

150

175

200

1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016


89

68

84

73

85

97


Year to Date

2014 2015 2016

+ 52.8%+ 14.3%+ 2.6%0.0% + 7.4%+ 1.2%- 5.6% + 32.9%

2014 2015 2016 2014 2015 2016 2014 2015 2016

- 8.4% - 5.3% - 19.0%- 7.4%

Housing Affordability Index

Affordability IndexSingleFamily


Townhouse-Condo


May-2015 114 -5.0% 160 -18.4%

Jun-2015 107 -13.7% 171 -10.5%

Jul-2015 108 -8.5% 170 -10.1%

Aug-2015 112 -6.7% 167 -14.8%

Sep-2015 116 -1.7% 159 -2.5%

Oct-2015 115 -5.0% 182 +9.0%

Nov-2015 113 -5.8% 155 -6.6%

Dec-2015 106 -4.5% 174 +9.4%

Jan-2016 108 -14.3% 154 -8.3%

Feb-2016 105 -12.5% 155 +6.2%

Mar-2016 102 -8.9% 136 -17.1%

Apr-2016 104 -9.6% 136 -17.1%

12-Month Avg 109 -12.4% 119 -21.1%

Historical Housing Affordability Index by Month


This index measures housing affordability for the region. For example, 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.

119

185

115

164

104

136


April

100

125

150

175

200

225

250

275

1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016


2014 2015 2016

- 17.1%- 11.4%- 9.6%- 3.4%2014 2015 2016

- 14.4% - 18.5%

128

186

117

164

105

143


Year to Date

- 12.8%- 11.8%- 10.3%- 8.6%- 9.9% - 17.0%2014 2015 2016 2014 2015 2016

Inventory of Active Listings

Active ListingsSingleFamily


Townhouse-Condo


May-2015 552 -16.4% 76 -8.4%

Jun-2015 599 -15.5% 74 -17.8%

Jul-2015 627 -11.2% 84 -3.4%

Aug-2015 630 -11.8% 74 -20.4%

Sep-2015 669 +0.6% 88 -1.1%

Oct-2015 621 -0.8% 90 +4.7%

Nov-2015 546 +3.0% 92 +2.2%

Dec-2015 456 +5.1% 84 -15.2%

Jan-2016 380 -11.8% 62 -27.1%

Feb-2016 402 -6.5% 55 -23.6%

Mar-2016 410 -7.9% 55 -20.3%

Apr-2016 405 -14.7% 70 0.0%

12-Month Avg* 525 -7.7% 75 -10.8%

Historical Inventory of Active Listings by Month* Active Listings for all properties from May 2015 through April 2016. This is not the average of the individual figures above.


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

596

80

475

70

405

70


April

0

200

400

600

800

1,000

1,200

1,400

1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016


2014 2015 20160.0%- 12.5%- 14.7%- 20.3%

2014 2015 2016- 0.8% - 23.1%

Months Supply of Inventory

Months SupplySingleFamily


Townhouse-Condo


May-2015 2.1 -16.0% 1.0 -16.7%

Jun-2015 2.3 -11.5% 1.0 -28.6%

Jul-2015 2.4 -11.1% 1.1 -15.4%

Aug-2015 2.4 -11.1% 1.0 -28.6%

Sep-2015 2.6 +4.0% 1.2 -7.7%

Oct-2015 2.4 +4.3% 1.3 +8.3%

Nov-2015 2.2 +10.0% 1.3 0.0%

Dec-2015 1.8 +12.5% 1.2 -14.3%

Jan-2016 1.5 -6.3% 0.9 -25.0%

Feb-2016 1.6 0.0% 0.8 -20.0%

Mar-2016 1.6 -5.9% 0.8 -11.1%

Apr-2016 1.6 -11.1% 1.1 +10.0%

12-Month Avg* 2.0 -4.4% 1.1 -11.6%

Historical Months Supply of Inventory by Month

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.

* Months Supply for all properties from May 2015 through April 2016. This is not the average of the individual figures above.


2.3

1.2

1.8

1.0

1.6

1.1


April

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016


2014 2015 2016+ 10.0%- 16.7%- 11.1%- 21.7%

2014 2015 2016- 4.2% - 29.4%

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


- 10.3%

Pending Sales 397 386 - 2.8% 333 246 - 26.1%

New Listings 506 445 - 12.1% 1,547 1,388


Sold Listings 361 306 - 15.2% 1,138 1,018 - 10.5%


+ 12.1%

Pct. of List Price Received 100.8% 101.1% + 0.1% 100.1% 100.2% + 0.1%

Avg. Sales Price $329,451 $364,967 + 12.1% $320,653 $359,545

Days on Market 75 85 + 7.4% 81 87 + 7.4%


-- --


-- --

Months Supply 1.6 1.5 - 5.7% --

Active Listings 545 475 - 12.8% --

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

4-2013 4-2014 4-2015 4-2016

Sold Listings

By Price Range 4-2015 4-2016 Change 4-2015 4-2016 Change 3-2016 4-2016 Change 3-2016 4-2016 Change 4-2015 4-2016 Change 4-2015 4-2016 Change$99,999 and Below 26 16 - 38.5% 18 5 - 72.2% 0 1 -- 0 0 -- 8 1 - 87.5% 3 2 - 33.3%$100,000 to $199,999 211 110 - 47.9% 428 255 - 40.4% 8 3 - 62.5% 17 12 - 29.4% 46 20 - 56.5% 107 50 - 53.3%$200,000 to $299,999 1,419 915 - 35.5% 331 376 + 13.6% 53 49 - 7.5% 37 32 - 13.5% 321 193 - 39.9% 101 106 + 5.0%$300,000 to $399,999 900 1,075 + 19.4% 90 117 + 30.0% 89 102 + 14.6% 23 18 - 21.7% 286 314 + 9.8% 57 50 - 12.3%$400,000 to $499,999 334 497 + 48.8% 5 11 + 120.0% 42 41 - 2.4% 2 2 0.0% 101 142 + 40.6% 1 5 + 400.0%$500,000 to $699,999 226 298 + 31.9% 6 4 - 33.3% 36 38 + 5.6% 1 1 0.0% 79 106 + 34.2% 1 3 + 200.0%$700,000 to $999,999 86 84 - 2.3% 1 2 + 100.0% 4 6 + 50.0% 0 1 -- 24 20 - 16.7% 0 1 --$1,000,000 to $1,999,999 18 21 + 16.7% 0 0 -- 1 0 - 100.0% 0 0 -- 3 5 + 66.7% 0 0 --$2,000,000 and Above 0 2 -- 1 0 - 100.0% 0 0 -- 0 0 -- 0 0 -- 0 0 --All Price Ranges 3,220 3,018 - 6.3% 880 770 - 12.5% 233 240 + 3.0% 80 66 - 17.5% 868 801 - 7.7% 270 217 - 19.6%

Inventory of Active Listings

By Price Range 4-2015 4-2016 Change 4-2015 4-2016 Change 3-2016 4-2016 Change 3-2016 4-2016 Change$99,999 and Below 5 4 - 20.0% 1 0 - 100.0% 5 4 - 20.0% 0 0 --$100,000 to $199,999 36 25 - 30.6% 12 8 - 33.3% 26 25 - 3.8% 1 8 + 700.0%$200,000 to $299,999 59 39 - 33.9% 17 25 + 47.1% 52 39 - 25.0% 17 25 + 47.1%$300,000 to $399,999 121 82 - 32.2% 27 20 - 25.9% 79 82 + 3.8% 17 20 + 17.6%$400,000 to $499,999 105 90 - 14.3% 8 2 - 75.0% 92 90 - 2.2% 4 2 - 50.0%$500,000 to $699,999 90 86 - 4.4% 0 2 -- 92 86 - 6.5% 3 2 - 33.3%$700,000 to $999,999 40 55 + 37.5% 3 11 + 266.7% 48 55 + 14.6% 11 11 0.0%$1,000,000 to $1,999,999 18 20 + 11.1% 2 2 0.0% 13 20 + 53.8% 2 2 0.0%$2,000,000 and Above 1 4 + 300.0% 0 0 -- 3 4 + 33.3% 0 0 --All Price Ranges 475 405 - 14.7% 70 70 0.0% 410 405 - 1.2% 55 70 + 27.3%

Actual sales that have closed in a given quarter.

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


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 Townhouse-Condo Single Family Townhouse-Condo Single Family Townhouse-Condo

3,220

880

4,1003,018

770

3,788

Singe Family Townhouse-Condo All Properties

By Property Type 4-2015 4-2016

475

70

54540570

475

Singe Family Townhouse-Condo All Properties

By Property Type 4-2015 4-2016

44639

1,750

990339 232 87 18 121

365

1,291 1,192508 302 86 21 2

< $100K $100K to $199K $200K to $299K $300K to $399K $400K to $499K $500K to $699K $700K to $799K $1.0M to $1.9M $2.0M+

By Price Range – All Properties – Rolling 12 Months 4-2015 4-2016

+ 100.0%

648 76

148113 90

43 20 1433

64102 92 88 66

22 4

< $100K $100K to $199K $200K to $299K $300K to $399K $400K to $499K $500K to $699K $700K to $799K $1.0M to $1.9M $2.0M+

By Price Range – All Properties 4-2015 4-2016

- 52.3% - 42.9% - 26.2% + 20.4% + 16.7%+ 49.9% + 30.2% - 1.1% - 6.3% - 12.5% - 7.6%

+ 300.0%- 20.0% - 31.3% - 15.8% - 31.1% + 10.0%- 2.2% + 53.5% - 14.7% 0.0% - 12.8%- 18.6%

Glossary of Terms

New Listings

Pending Sales

Under Contract Activity

Sold Listings

Median Sales Price

Average Sales Price

Percent of List Price Received

Days on Market Until Sale

Housing Affordability Index

Active Listings

Months Supply of Inventory

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.


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.

may 2016 fcbr housing report

Documents