Post on 10-Jul-2020
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April 2020 Activity SnapshotPercent changes calculated using year-over-year comparisons.
One-Year Change in One-Year Change in
Sold ListingsAll Properties
Median Sales PriceAll Properties
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1011121314151617
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime.
Townhouse/Condo Market Overview
Percent of List Price ReceivedDays on Market Until SaleCumulative Days on Market Until SaleHousing Affordability Index
Months Supply of Inventory
New ListingsPending SalesSold ListingsMedian Sales PriceAverage Sales Price
Sold Listings and Inventory by Price RangeTotal Market Overview
Glossary of Terms
Monthly Indicators
- 15.8% + 4.9% - 3.1%One-Year Change in
New Listings were down 57.1 percent for single family homes and 55.8 percent for townhouse-condo properties. Pending Sales decreased 42.0 percent for single family homes and 69.2 percent for townhouse-condo properties.
The Median Sales Price was down 0.4 percent to $475,000 for single family homes but increased 3.7 percent to $335,000 for townhouse-condo properties. Days on Market increased 37.8 percent for single family homes but decreased 8.9 percent for townhouse-condo properties.
While the effect of COVID-19 continues to vary widely across the country, it is expected that social distancing, higher unemployment, and lower overall economic activity is likely to continue to constrain real estate activity in the near term. At the same time, the industry is adapting to the current environment by conducting business using technologies such as virtual showings and e-signing to help buyers and sellers with their housing needs in the face of these challenges.
Active ListingsAll Properties
Residential real estate activity in La Plata and San Juan counties composed of single-family properties, townhomes and condominiums. Percent changes are calculated using rounded figures.
Single Family Market Overview
Inventory of Active Listings
Single Family Market Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics Historical Sparkbars 4-2019 4-2020 Percent Change YTD 2019 YTD 2020 Percent Change
- 10.1%338
219 + 20.3%
$475,000 + 8.0%
+ 10.0%
Pending Sales 88 51 - 42.0% - 0.4%241 240
New Listings 163 70 - 57.1% 376
Sold Listings 54 59 + 9.3% 182
Median Sales Price $477,000 $475,000 - 0.4% $440,000
97.3% + 0.1%
$536,107
160 + 12.7%
194 + 20.5%
0.0%
Pct. of List Price Received 96.9% 97.4% + 0.5% 97.2%
Avg. Sales Price $527,091 $512,604 - 2.7% $487,526
Days on Market 135 186 + 37.8% 142
Cumulative Days on Market 172 230 + 33.7% 161
-- --
72Affordability Index 67 75 + 11.9% 72
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 2
Active Listings 409 371 - 9.3% --
-- --Months Supply 6.1 5.2 - 14.8% --
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
Townhouse/Condo Market Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics Historical Sparkbars 4-2019 4-2020 Percent Change YTD 2019 YTD 2020 Percent Change
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 3
Months Supply 4.7 6.1 + 29.8% -- -- --
Active Listings 140 162 + 15.7% --
Affordability Index 96 110 + 14.6% 110
185 + 19.4%
- 1.8%
-- --
108
Cumulative Days on Market 195 201 + 3.1% 155
Days on Market 168 153 - 8.9% 141
Avg. Sales Price $364,322 $350,649 - 3.8% $318,214
Pct. of List Price Received 98.0% 97.3% - 0.7% 97.5%
$335,000 + 12.0%
+ 12.2%
97.1% - 0.4%
$357,057
148 + 5.0%
Sold Listings 41 21 - 48.8% 109 77 - 29.4%
Median Sales Price $322,900 $335,000 + 3.7% $299,000
- 20.7%
Pending Sales 26 8 - 69.2% 115 71 - 38.3%
New Listings 43 19 - 55.8% 150 119
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
New Listings
New ListingsSingleFamily
Percent Change from Previous
YearTownhouse/
Condo
Percent Change from Previous
Year
May-2019 207 +10.7% 71 +36.5%
Jun-2019 163 +5.8% 59 +37.2%
Jul-2019 165 +17.0% 60 +39.5%
Aug-2019 122 -8.3% 38 -7.3%
Sep-2019 138 +48.4% 26 -7.1%
Oct-2019 98 +11.4% 30 0.0%
Nov-2019 64 +6.7% 23 -23.3%
Dec-2019 37 -9.8% 38 +46.2%
Jan-2020 74 +19.4% 38 +15.2%
Feb-2020 78 +23.8% 27 -25.0%
Mar-2020 116 +31.8% 35 -7.9%
Apr-2020 70 -57.1% 19 -55.8%
Historical New Listings by Month
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 4
155
36
163
43
70
19
Single Family Townhouse/Condo
April
0
50
100
150
200
250
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Single Family Townhouse/Condo
428
155
376
150
338
119
Single Family Townhouse/Condo
Year to Date
- 55.8%+ 19.4%- 57.1%+ 5.2% - 3.2%- 10.1%- 12.1% - 20.7%+ 4.7% + 0.5% + 0.6%- 7.7%
Apr-20Apr-19Apr-20Apr-19 Apr-19Apr-20Apr-19 Apr-20Apr-18 Apr-18 Apr-18Apr-18
Pending Sales
Pending SalesSingleFamily
Percent Change from Previous
YearTownhouse/
Condo
Percent Change from Previous
Year
May-2019 78 -22.0% 39 +39.3%
Jun-2019 78 +4.0% 43 +53.6%
Jul-2019 93 +17.7% 30 -40.0%
Aug-2019 100 +47.1% 40 +48.1%
Sep-2019 74 +1.4% 19 -32.1%
Oct-2019 60 +7.1% 29 -14.7%
Nov-2019 62 0.0% 12 -25.0%
Dec-2019 51 +21.4% 16 -20.0%
Jan-2020 61 +29.8% 25 -10.7%
Feb-2020 53 +1.9% 18 -33.3%
Mar-2020 75 +38.9% 20 -41.2%
Apr-2020 51 -42.0% 8 -69.2%
Historical Pending Sales by Month
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 5
90
32
88
26
51
8
Single Family Townhouse/Condo
April
0
20
40
60
80
100
120
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Single Family Townhouse/Condo
264
115
241
115
240
71
Single Family Townhouse/Condo
Year to Date
- 69.2%- 18.8%- 42.0%- 2.2% 0.0%- 0.4%- 8.7% - 38.3%+ 4.7% + 0.4% + 18.6%+ 10.3%Apr-20Apr-19Apr-20Apr-19 Apr-19Apr-20Apr-19 Apr-20Apr-18 Apr-18 Apr-18Apr-18
Sold Listings
Sold ListingsSingleFamily
Percent Change from Previous
YearTownhouse/
Condo
Percent Change from Previous
Year
May-2019 80 -8.0% 28 -22.2%
Jun-2019 75 -13.8% 29 +16.0%
Jul-2019 83 0.0% 54 +45.9%
Aug-2019 93 +4.5% 30 -28.6%
Sep-2019 96 +37.1% 41 +57.7%
Oct-2019 84 +12.0% 14 -54.8%
Nov-2019 60 -10.4% 25 -26.5%
Dec-2019 71 +20.3% 20 +5.3%
Jan-2020 41 -2.4% 17 -22.7%
Feb-2020 50 +31.6% 17 -15.0%
Mar-2020 69 +43.8% 22 -15.4%
Apr-2020 59 +9.3% 21 -48.8%
Historical Sold Listings by Month
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 6
58
30
54
41
59
21
Single Family Townhouse/Condo
April
0
20
40
60
80
100
120
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Single Family Townhouse/Condo
198
94
182
109
219
77
Single Family Townhouse/Condo
Year to Date
Apr-18 Apr-19 Apr-20 Apr-18 Apr-19 Apr-20 Apr-18 Apr-19 Apr-20 Apr-18 Apr-19 Apr-20
- 48.8%+ 36.7%+ 9.3%- 6.9% + 16.0%+ 20.3%- 8.1% - 29.4%- 6.5% - 7.9% + 5.6%- 9.1%
Median Sales Price
Median Sales Price
SingleFamily
Percent Change from Previous
YearTownhouse/
Condo
Percent Change from Previous
Year
May-2019 $455,000 +11.0% $314,950 -3.1%
Jun-2019 $393,000 -7.5% $329,000 -1.8%
Jul-2019 $432,720 +1.8% $289,500 -0.9%
Aug-2019 $450,000 +5.9% $239,500 -26.0%
Sep-2019 $434,750 +7.7% $265,000 -18.7%
Oct-2019 $413,500 -11.1% $440,000 +81.8%
Nov-2019 $420,000 -7.7% $255,000 -27.0%
Dec-2019 $415,000 -3.5% $298,500 +57.1%
Jan-2020 $475,000 +7.5% $370,000 +32.1%
Feb-2020 $528,500 +40.9% $179,500 -39.5%
Mar-2020 $462,000 +1.0% $338,688 +21.4%
Apr-2020 $475,000 -0.4% $335,000 +3.7%
Historical Median Sales Price by Month
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 7
$450,000
$232,250
$477,000
$322,900
$475,000
$335,000
Single Family Townhouse/Condo
April
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Single Family Townhouse/Condo
$429,950
$260,000
$440,000
$299,000
$475,000
$335,000
Single Family Townhouse/Condo
Year to Date
+ 3.7%+ 39.0%- 0.4%+ 6.0% + 15.0%+ 8.0%+ 2.3% + 12.0%+ 9.4% + 11.7% - 8.8%+ 1.0%Apr-20Apr-19Apr-20Apr-19 Apr-19Apr-20Apr-19 Apr-20Apr-18 Apr-18 Apr-18Apr-18
Average Sales Price
Avg. Sales PriceSingleFamily
Percent Change from Previous
YearTownhouse/
Condo
Percent Change from Previous
Year
May-2019 $521,714 +12.1% $350,350 +4.4%
Jun-2019 $445,298 -6.9% $350,155 +3.9%
Jul-2019 $544,951 +20.0% $304,211 -2.3%
Aug-2019 $490,645 +5.5% $317,743 -1.7%
Sep-2019 $514,892 -2.6% $333,290 -3.3%
Oct-2019 $463,610 -9.3% $465,321 +66.5%
Nov-2019 $498,859 -13.7% $329,887 -11.6%
Dec-2019 $507,824 +0.2% $312,543 +34.1%
Jan-2020 $526,373 +10.0% $388,929 +45.9%
Feb-2020 $614,639 +59.0% $332,500 +14.6%
Mar-2020 $505,080 -4.5% $357,520 +15.0%
Apr-2020 $512,604 -2.7% $350,649 -3.8%
Historical Average Sales Price by Month* Avg. Sales Price for all properties from May 2019 through April 2020. This is not the average of the individual figures above.
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 8
$547,066
$277,403
$527,091
$364,322
$512,604
$350,649
Single Family Townhouse/Condo
April
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Single Family Townhouse/Condo
$512,639
$275,252
$487,526
$318,214
$536,107
$357,057
Single Family Townhouse/Condo
Year to Date
- 3.8%+ 31.3%- 2.7%- 3.7% + 15.6%+ 10.0%- 4.9% + 12.2%+ 15.6% + 15.9% - 12.9%- 6.6%Apr-20Apr-19Apr-20Apr-19 Apr-19Apr-20Apr-19 Apr-20Apr-18 Apr-18 Apr-18Apr-18
Percent of List Price Received
Pct. of List Price Received
SingleFamily
Percent Change from Previous
YearTownhouse/
Condo
Percent Change from Previous
Year
May-2019 98.2% +0.8% 98.1% +0.3%
Jun-2019 97.7% -0.4% 97.8% +0.1%
Jul-2019 97.4% -0.4% 98.0% 0.0%
Aug-2019 97.8% +1.2% 97.5% 0.0%
Sep-2019 97.1% +0.8% 97.1% +0.7%
Oct-2019 97.7% +0.6% 95.9% -1.2%
Nov-2019 97.0% +0.7% 96.4% -1.6%
Dec-2019 96.1% -0.6% 97.6% +1.3%
Jan-2020 97.4% -0.1% 97.1% +0.1%
Feb-2020 96.7% -0.9% 96.8% -0.5%
Mar-2020 97.7% +0.6% 97.2% -0.1%
Apr-2020 97.4% +0.5% 97.3% -0.7%
Historical Percent of List Price Received by Month* Pct. of List Price Received for all properties from May 2019 through April 2020. This is not the average of the individual figures above.
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 9
96.4% 98.1%96.9% 98.0%97.4% 97.3%
Single Family Townhouse/Condo
April
88.0%
90.0%
92.0%
94.0%
96.0%
98.0%
100.0%
102.0%
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Single Family Townhouse/Condo
97.1% 97.3%97.2% 97.5%97.3% 97.1%
Single Family Townhouse/Condo
Year to Date
- 0.7%- 0.1%+ 0.5%+ 0.5% + 0.2%+ 0.1%+ 0.1% - 0.4%- 0.8% - 0.7% - 0.6%- 0.3%Apr-20Apr-19Apr-20Apr-19 Apr-19Apr-20Apr-19 Apr-20Apr-18 Apr-18 Apr-18Apr-18
Days on Market Until Sale
Days on MarketSingleFamily
Percent Change from Previous
YearTownhouse/
Condo
Percent Change from Previous
Year
May-2019 132 +10.0% 105 -30.0%
Jun-2019 105 +5.0% 126 -8.0%
Jul-2019 115 0.0% 107 -2.7%
Aug-2019 120 -4.0% 85 -19.0%
Sep-2019 136 +5.4% 123 +2.5%
Oct-2019 113 -13.1% 182 +46.8%
Nov-2019 140 -12.5% 137 +0.7%
Dec-2019 155 +3.3% 125 +34.4%
Jan-2020 145 +7.4% 154 +13.2%
Feb-2020 145 +0.7% 167 +28.5%
Mar-2020 157 +0.6% 122 +9.9%
Apr-2020 186 +37.8% 153 -8.9%
Historical Days on Market Until Sale by Month* Days on Market for all properties from May 2019 through April 2020. This is not the average of the individual figures above.
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 10
140152
135
168
186
153
Single Family Townhouse/Condo
April
142129
142 141
160148
Single Family Townhouse/Condo
Year to Date
0
100
200
300
400
500
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Single Family Townhouse/Condo
- 8.9%+ 10.5%+ 37.8%- 3.6% + 9.3%+ 12.7%+ 0.2% + 5.0%+ 10.2% - 0.7% + 14.2%+ 63.4%Apr-20Apr-19Apr-20Apr-19 Apr-19Apr-20Apr-19 Apr-20Apr-18 Apr-18 Apr-18Apr-18
Cumulative Days on Market Until Sale
Cumulative Days on Market Until Sale
SingleFamily
Percent Change from Previous
YearTownhouse/
Condo
Percent Change from Previous
Year
May-2019 138 -7.4% 125 -20.9%
Jun-2019 131 +18.0% 130 -9.1%
Jul-2019 124 -3.9% 124 +5.1%
Aug-2019 131 -12.7% 97 -9.3%
Sep-2019 141 -6.6% 162 +23.7%
Oct-2019 140 +0.7% 192 +54.8%
Nov-2019 170 -19.8% 185 +28.5%
Dec-2019 175 +2.3% 125 +34.4%
Jan-2020 163 +4.5% 195 +33.6%
Feb-2020 182 +21.3% 208 +60.0%
Mar-2020 191 +16.5% 144 +21.0%
Apr-2020 230 +33.7% 201 +3.1%
Historical Cumulative Days on Market Until Sale by Month
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 11
152
173172
195
230
201
Single Family Townhouse/Condo
April
0
100
200
300
400
500
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Single Family Townhouse/Condo
171
147161 155
194185
Single Family Townhouse/Condo
Year to Date
+ 3.1%+ 12.7%+ 33.7%+ 12.6% + 5.4%+ 20.5%- 5.4% + 19.4%+ 1.0% - 1.7% + 17.6%+ 74.7%Apr-20Apr-19Apr-20Apr-19 Apr-19Apr-20Apr-19 Apr-20Apr-18 Apr-18 Apr-18Apr-18
Housing Affordability Index
Housing Affordability Index
SingleFamily
Percent Change from Previous
YearTownhouse/
Condo
Percent Change from Previous
Year
May-2019 67 -8.2% 100 -1.0%
Jun-2019 79 +11.3% 100 -1.0%
Jul-2019 66 -12.0% 118 +8.3%
Aug-2019 76 +4.1% 118 +13.5%
Sep-2019 72 +16.1% 111 +16.8%
Oct-2019 81 +35.0% 81 -26.4%
Nov-2019 73 +32.7% 111 +32.1%
Dec-2019 72 +7.5% 117 -19.9%
Jan-2020 71 0.0% 96 -25.0%
Feb-2020 62 -31.1% 114 -4.2%
Mar-2020 73 +10.6% 102 -8.9%
Apr-2020 75 +11.9% 110 +14.6%
Historical Housing Affordability Index by Month
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 12
62
122
67
96
75
110
Single Family Townhouse/Condo
April
50
75
100
125
150
175
200
225
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Single Family Townhouse/Condo
66
123
72
110
72
108
Single Family Townhouse/Condo
Year to Date
+ 14.6%- 21.3%+ 11.9%+ 8.0% - 10.6%0.0%+ 9.4% - 1.8%- 18.1% - 18.3% + 8.8%+ 1.7%Apr-20Apr-19Apr-20Apr-19 Apr-19Apr-20Apr-19 Apr-20Apr-18 Apr-18 Apr-18Apr-18
Inventory of Active Listings
Inventory of Active Listings
SingleFamily
Percent Change from Previous
YearTownhouse/
Condo
Percent Change from Previous
Year
May-2019 519 +4.0% 167 -2.3%
Jun-2019 580 +7.0% 177 0.0%
Jul-2019 612 +9.3% 194 +17.6%
Aug-2019 606 +4.3% 181 +4.0%
Sep-2019 635 +14.2% 178 +9.9%
Oct-2019 620 +19.5% 166 +16.9%
Nov-2019 563 +23.5% 162 +16.5%
Dec-2019 507 +23.7% 174 +27.0%
Jan-2020 415 +15.9% 167 +29.5%
Feb-2020 404 +14.8% 167 +25.6%
Mar-2020 396 +8.8% 160 +24.0%
Apr-2020 371 -9.3% 162 +15.7%
Historical Inventory of Active Listings by Month* Active Listings for all properties from May 2019 through April 2020. This is not the average of the individual figures above.
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 13
434
153
409
140
371
162
Single Family Townhouse/Condo
April
0
200
400
600
800
1000
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Single Family Townhouse/Condo
+ 15.7%- 8.5%- 9.3%- 5.8%+ 2.8% + 10.1%Apr-20Apr-19Apr-20Apr-19Apr-18 Apr-18
Months Supply of Inventory
Months Supply of Inventory
SingleFamily
Percent Change from Previous
YearTownhouse/
Condo
Percent Change from Previous
Year
May-2019 7.9 +9.7% 5.7 -1.7%
Jun-2019 8.9 +14.1% 6.0 -1.6%
Jul-2019 9.4 +17.5% 6.3 +10.5%
Aug-2019 9.3 +12.0% 6.0 -1.6%
Sep-2019 9.4 +17.5% 5.7 0.0%
Oct-2019 9.1 +21.3% 5.6 +12.0%
Nov-2019 8.3 +27.7% 5.6 +19.1%
Dec-2019 7.4 +23.3% 6.0 +25.0%
Jan-2020 6.1 +15.1% 5.8 +28.9%
Feb-2020 5.8 +11.5% 5.9 +25.5%
Mar-2020 5.6 +3.7% 5.7 +29.5%
Apr-2020 5.2 -14.8% 6.1 +29.8%
Historical Months Supply of Inventory by Month
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 14
6.2
5.2
6.1
4.75.2
6.1
Single Family Townhouse/Condo
April
0
10
20
30
40
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020
Single Family Townhouse/Condo
+ 29.8%- 9.6%- 14.8%- 1.6%+ 6.9% + 2.0%Apr-20Apr-19Apr-20Apr-19Apr-18 Apr-18
Total Market Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics Historical Sparkbars 4-2019 4-2020 Percent Change YTD 2019 YTD 2020 Percent Change
296 + 1.7%Sold Listings 95 80 - 15.8% 291
- 13.3%
Pending Sales 114 59 - 48.2% 356 311 - 12.6%
New Listings 206 89 - 56.8% 527 457
Median Sales Price $405,000 $425,000 + 4.9% $374,500 $435,500 + 16.3%
Avg. Sales Price $456,843 $470,091 + 2.9% $423,888 $489,530 + 15.5%
0.0%
157 + 10.6%
97.3%
192 + 20.8%
Days on Market 149 177 + 18.8% 142
Pct. of List Price Received 97.4% 97.4% 0.0% 97.3%
Cumulative Days on Market 182 223 + 22.5% 159
Affordability Index 77 82 + 6.5% 83 78 - 6.0%
--
-- --
--Active Listings 550 533 - 3.1% --
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 15
Months Supply 5.7 5.4 - 5.3% --
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
12-2018 4-2019 8-2019 12-2019 4-2020
Sold Listings
By Price Range 4-2019 4-2020 Change 4-2019 4-2020 Change 3-2020 4-2020 Change 3-2020 4-2020 Change 4-2019 4-2020 Change 4-2019 4-2020 Change$99,999 and Below 5 3 - 40.0% 24 20 - 16.7% 0 0 -- 0 1 -- 1 0 - 100.0% 7 2 - 71.4%$100,000 to $199,999 30 31 + 3.3% 66 62 - 6.1% 2 4 + 100.0% 4 6 + 50.0% 8 8 0.0% 17 21 + 23.5%$200,000 to $299,999 140 134 - 4.3% 85 77 - 9.4% 10 9 - 10.0% 4 2 - 50.0% 33 32 - 3.0% 31 11 - 64.5%$300,000 to $399,999 165 196 + 18.8% 101 73 - 27.7% 10 11 + 10.0% 8 5 - 37.5% 35 39 + 11.4% 33 21 - 36.4%$400,000 to $499,999 166 172 + 3.6% 37 33 - 10.8% 21 10 - 52.4% 4 3 - 25.0% 36 45 + 25.0% 7 10 + 42.9%$500,000 to $699,999 171 190 + 11.1% 32 33 + 3.1% 16 17 + 6.3% 0 2 -- 38 53 + 39.5% 10 5 - 50.0%$700,000 to $999,999 85 84 - 1.2% 12 16 + 33.3% 6 5 - 16.7% 2 2 0.0% 21 28 + 33.3% 4 6 + 50.0%$1,000,000 to $1,999,999 32 45 + 40.6% 2 4 + 100.0% 4 2 - 50.0% 0 0 -- 9 13 + 44.4% 0 1 --$2,000,000 and Above 5 6 + 20.0% 0 0 -- 0 1 -- 0 0 -- 1 1 0.0% 0 0 --All Price Ranges 799 861 + 7.8% 359 318 - 11.4% 69 59 - 14.5% 22 21 - 4.5% 182 219 + 20.3% 109 77 - 29.4%
Inventory of Active Listings
By Price Range 4-2019 4-2020 Change 4-2019 4-2020 Change 3-2020 4-2020 Change 3-2020 4-2020 Change$99,999 and Below 2 1 - 50.0% 4 4 0.0% 2 1 - 50.0% 1 4 + 300.0%$100,000 to $199,999 9 12 + 33.3% 12 16 + 33.3% 12 12 0.0% 15 16 + 6.7%$200,000 to $299,999 36 23 - 36.1% 21 26 + 23.8% 27 23 - 14.8% 25 26 + 4.0%$300,000 to $399,999 55 56 + 1.8% 26 34 + 30.8% 52 56 + 7.7% 35 34 - 2.9%$400,000 to $499,999 64 45 - 29.7% 20 25 + 25.0% 54 45 - 16.7% 24 25 + 4.2%$500,000 to $699,999 90 93 + 3.3% 26 28 + 7.7% 97 93 - 4.1% 31 28 - 9.7%$700,000 to $999,999 68 57 - 16.2% 17 25 + 47.1% 55 57 + 3.6% 25 25 0.0%$1,000,000 to $1,999,999 55 48 - 12.7% 13 4 - 69.2% 56 48 - 14.3% 4 4 0.0%$2,000,000 and Above 30 36 + 20.0% 1 0 - 100.0% 41 36 - 12.2% 0 0 --All Price Ranges 409 371 - 9.3% 140 162 + 15.7% 396 371 - 6.3% 160 162 + 1.3%
Actual sales that have closed in a given month.
Rolling 12 Months 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.
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 16
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
799359
1,158861
318
1,179
Singe Family Townhouse-Condo All Properties
By Property Type 4-2019 4-2020
409140
550371
162
533
Singe Family Townhouse-Condo All Properties
By Property Type 4-2019 4-2020
2996
225 266203 203
9734 523
93211
269205 223
100 49 6
< $100K $100K to $199K $200K to $299K $300K to $399K $400K to $499K $500K to $699K $700K to $999K $1.0M to $2.0M $2.0M+
By Price Range – All Properties – Rolling 12 Months 4-2019 4-2020
+ 20.0%
6 2257 81 84
11685 68
315 28 4990 70
12182
52 36
< $100K $100K to $199K $200K to $299K $300K to $399K $400K to $499K $500K to $699K $700K to $999K $1.0M to $2.0M $2.0M+
By Price Range – All Properties 4-2019 4-2020
- 20.7% - 3.1% - 6.2% + 1.1% + 44.1%+ 1.0% + 9.9% + 3.1% + 7.8% - 11.4% + 1.8%
+ 16.1%- 16.7% + 27.3% - 14.0% + 11.1% - 23.5%- 16.7% + 4.3% - 3.5% - 9.3% + 15.7% - 3.1%
Glossary of Terms
New Listings
Pending Sales
Sold Listings
Median Sales Price
Average Sales Price
Percent of List Price Received
Days on Market Until Sale
Housing Affordability Index
Inventory of Active Listings
Months Supply of Inventory
Current as of May 5, 2020. Data © 2020 Colorado Real Estate Network. Report © 2020 ShowingTime. | 17
A research tool provided by the Colorado Association of REALTORS®
A measure of how much new supply is coming onto the market from sellers.
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 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 median 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.