July 2014 Housing Reports

June 2014 Activity Snapshot

One-Year Change in One-Year Change in

Single FamilySold Listings

Single FamilyDays On Market

2

Monthly Indicators

+ 3.3% + 3.9% - 0.9%One-Year Change inHousing seemed to have a slow start to the spring selling season, but

appearances deceive. Dig into that spring soil and you begin to unearth differences in individual areas and market segments. Inventory is slowly rising in some areas. Activity is picking up in the upper price tiers. Rents continue to climb in most metros. And interest rates are generally lower than a year ago, to the surprise of some and the delight of others.

New Listings were down 9.7 percent for single family homes but increased 10.1 percent for townhouse-condo properties Pending sales clocked in at 351 for

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.

percent for townhouse-condo properties. Pending sales clocked in at 351 for single family homes and 91 for townhouse-condo properties.

The Median Sales Price was down 0.9 percent to $271,500 for single family homes but increased 0.8 percent to $179,500 for townhouse-condo properties. Months Supply of Inventory stood at 2.6 for single family units and 1.2 months for townhouse-condo units.

Housing is one part of a broader ecosystem that thrives on a strong economy that churns out good jobs. First-quarter employment figures were adequate but not thrilling, but second-quarter numbers figure to be more positive. Access to mortgage capital remains an ongoing concern. As cash and investor deals fade, first-time buyers typically step to the forefront, but tight credit can and has been a real hurdle.

Single Family Activity Overview

All Properties Activity Overview

Current as of July 15, 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 6-2013 6-2014 Percent Change YTD-2013 YTD-2014 Percent Change

-- --

Sold Listings 329 340 + 3.3% 1,560 1,529 - 2.0%

Median Sales Price $274,000 $271,500 - 0.9% $260,000 $269,900 + 3.8%

- 5.1%

Pending Sales 349 351 + 0.6% 1,844 1,814 - 1.6%

New Listings 484 437 - 9.7% 2,309 2,191

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

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

-- --

Current as of July 15, 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 -- 2.6 -- --

Active Listings Not enough historical data for chart -- 686 -- --

Affordability Index 121 126 + 4.1% 127 127 0.0%

Pct. of List Price Received 99.3% 99.6% + 0.3% 98.9% 99.1% + 0.2%

Average Sales Price $310,365 $312,172 + 0.6% $292,615 $312,015

Days on Market 76 79 + 3.9% 85 83 - 2.4%

+ 6.6%

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

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 89 82 - 7.9% 382 379 - 0.8%

Median Sales Price $178,000 $179,500 + 0.8% $165,000 $178,900 + 8.4%

+ 0.4%

Pending Sales 77 91 + 18.2% 462 456 - 1.3%

New Listings 89 98 + 10.1% 486 488


6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

-- --


-- --



Affordability Index 186 191 + 2.7% 201 192 - 4.5%


Average Sales Price $196,625 $188,530 - 4.1% $177,474 $189,015

Days on Market 63 58 - 7.9% 77 65 - 15.6%

+ 6.5%

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

New Listings

New ListingsSingleFamily

Year-Over-YearChange

Townhouse-Condo


Jul-2013 415 +4.5% 96 +33.3%

Aug-2013 364 +5.8% 89 +23.6%

Sep-2013 300 +22.4% 61 +5.2%

Oct-2013 254 -3.4% 46 -31.3%

Nov-2013 199 +2.6% 45 -6.3%

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% 99 +25.3%

Apr-2014 450 +17.8% 84 -27.0%

May-2014 417 -18.9% 84 -3.4%

Jun-2014 437 -9.7% 98 +10.1%

12-Month Avg 322 -0.6% 71 +3.4%

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

381

89

484

89

437

98

June

2,015

492

2,309

486

2,191

488

Year to Date

2012 2013 2014

+ 10 1%0 0%9 7%+ 27 0% 1 2%5 1%+ 14 6% + 0 4%

2012 2013 2014 2012 2013 2014 2012 2013 2014

8 0% + 2 6% + 6 3%+ 8 5%12 Month Avg 322 0.6% 71 +3.4%

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

+ 10.1%0.0%- 9.7%+ 27.0% - 1.2%- 5.1%+ 14.6% + 0.4%

2012 2013 2014 2012 2013 2014 2012 2013 2014

- 8.0% + 2.6% + 6.3%+ 8.5%

Pending Sales

Pending SalesSingleFamily


Townhouse-Condo


Jul-2013 297 +0.7% 71 +6.0%

Aug-2013 245 +7.5% 79 +33.9%

Sep-2013 217 -1.4% 53 +3.9%

Oct-2013 227 +3.2% 65 +25.0%

Nov-2013 200 +9.9% 48 +9.1%

Dec-2013 149 -10.2% 27 -18.2%

Jan-2014 228 -4.2% 59 +11.3%

Feb-2014 245 -4.3% 60 +5.3%

Mar-2014 331 0.0% 96 +26.3%

Apr-2014 347 +10.9% 70 -37.5%

May-2014 312 -12.6% 80 -8.0%

Jun-2014 351 +0.6% 91 +18.2%

12-Month Avg 262 -0.2% 67 +4.0%

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

305

84

349

77

351

91

June

1,583

408

1,844

462

1,814

456

Year to Date

2012 2013 2014

+ 18 2%- 8 3%+ 0 6%+ 14 4% + 13 2%1 6%+ 16 5% 1 3%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 32 6% + 22 3% + 17 9%+ 25 4%12 Month Avg 262 0.2% 67 +4.0%

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

+ 18.2%- 8.3%+ 0.6%+ 14.4% + 13.2%- 1.6%+ 16.5% - 1.3%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 32.6% + 22.3% + 17.9%+ 25.4%

Sold Listings

Sold ListingsSingleFamily


Townhouse-Condo


Jul-2013 392 +23.7% 93 +14.8%

Aug-2013 344 +15.8% 79 -8.1%

Sep-2013 245 -1.6% 81 +39.7%

Oct-2013 260 +15.0% 46 -6.1%

Nov-2013 204 -4.2% 54 +8.0%

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 281 -1.1% 78 +18.2%

May-2014 359 +9.8% 75 -26.5%

Jun-2014 340 +3.3% 82 -7.9%

12-Month Avg 268 +5.7% 66 +5.0%

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

325

94

329

89

340

82

June

1,321

330

1,560

382

1,529

379

Year to Date

2012 2013 2014

- 7 9%- 5 3%+ 3 3%+ 1 2% + 15 8%2 0%+ 18 1% 0 8%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 20 4% + 19 0% + 10 4%+ 38 2%12 Month Avg 268 +5.7% 66 +5.0%

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

- 7.9%- 5.3%+ 3.3%+ 1.2% + 15.8%- 2.0%+ 18.1% - 0.8%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 20.4% + 19.0% + 10.4%+ 38.2%

Median Sales Price

Median Sales PriceSingleFamily


Townhouse-Condo


Jul-2013 $272,000 +9.7% $158,900 +2.8%

Aug-2013 $267,950 +5.1% $168,000 +15.5%

Sep-2013 $260,000 +4.4% $195,000 +32.2%

Oct-2013 $255,000 +4.1% $159,000 -3.8%

Nov-2013 $259,450 +3.0% $167,500 +0.6%

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 $278,000 +6.3% $180,500 +13.0%

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

Jun-2014 $271,500 -0.9% $179,500 +0.8%

12-Month Avg* $266,000 +4.3% $175,000 +10.1%

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

$250,000

$147,000

$274,000

$178,000

$271,500

$179,500

June

$242,100

$153,000

$260,000

$165,000

$269,900

$178,900

Year to Date

2012 2013 2014

+ 0 8%+ 21 1%0 9%+ 9 6% + 7 8%+ 3 8%+ 7 4% + 8 4%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 4 2% + 3 5% 0 6%- 5 9%12 Month Avg $266,000 +4.3% $175,000 +10.1%

Historical Median Sales Price by Month* Median Sales Price for all properties from July 2013 through June 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

+ 0.8%+ 21.1%- 0.9%+ 9.6% + 7.8%+ 3.8%+ 7.4% + 8.4%

2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 4.2% + 3.5% - 0.6%- 5.9%

Average Sales Price

Average Sales Price

SingleFamily


Townhouse-Condo


Jul-2013 $315,587 +12.3% $169,127 +6.9%

Aug-2013 $302,012 +4.1% $172,394 +11.6%

Sep-2013 $305,424 +6.0% $203,761 +28.8%

Oct-2013 $302,442 +7.3% $165,129 -12.9%

Nov-2013 $306,012 +10.3% $185,801 +8.8%

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 $316,384 +9.5% $192,667 +17.7%

May-2014 $337,067 +16.2% $190,317 +9.0%

Jun-2014 $312,172 +0.6% $188,530 -4.1%

12-Month Avg* $309,249 +7.0% $185,858 +7.8%

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

$292,490

$163,833

$310,365

$196,625

$312,172

$188,530

June

2012 2013 2014

- 4 1%+ 20 0%+ 0 6%+ 6 1%2012 2013 2014

+ 4 8% + 0 7%

$277,072

$162,333

$292,615

$177,474

$312,015

$189,015

Year to Date

+ 6 5%+ 9 3%2012 2013 2014 2012 2013 2014

+ 6 6%+ 5 6%+ 2 9% + 3 8%12 Month Avg $309,249 +7.0% $185,858 +7.8%

Historical Average Sales Price by Month* Average Sales Price for all properties from July 2013 through June 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

- 4.1%+ 20.0%+ 0.6%+ 6.1%2012 2013 2014

+ 4.8% + 0.7%


+ 6.5%+ 9.3%2012 2013 2014 2012 2013 2014

+ 6.6%+ 5.6%+ 2.9% + 3.8%

Percent of List Price Received

Pct. of List Price Received

SingleFamily


Townhouse-Condo


Jul-2013 99.1% +0.2% 99.4% +1.3%

Aug-2013 98.9% +0.7% 99.1% +0.8%

Sep-2013 99.0% +0.8% 99.6% +1.3%

Oct-2013 98.7% +0.4% 98.4% +0.4%

Nov-2013 98.3% +0.2% 97.6% -0.5%

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 99.6% +0.3% 99.5% +0.4%

12-Month Avg* 98.6% +0.4% 98.5% +0.6%

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.

98.7% 98.1%99.3% 99.1%99.6% 99.5%

June

98.3% 97.5%98.9% 98.9%99.1% 99.3%

Year to Date

2012 2013 2014

+ 0 4%+ 1 0%+ 0 3%+ 0 6% + 1 4%+ 0 2%+ 0 6% + 0 4%2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 1 0% + 0 7% 0 0%+ 1 0%12 Month Avg 98.6% +0.4% 98.5% +0.6%

Historical Percent of List Price Received by Month* Pct. of List Price Received for all properties from July 2013 through June 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

+ 0.4%+ 1.0%+ 0.3%+ 0.6% + 1.4%+ 0.2%+ 0.6% + 0.4%2012 2013 2014 2012 2013 2014 2012 2013 2014

+ 1.0% + 0.7% 0.0%+ 1.0%

Days on Market Until Sale

Days on MarketSingleFamily


Townhouse-Condo


Jul-2013 70 -15.7% 62 -31.9%

Aug-2013 78 -19.6% 64 -12.3%

Sep-2013 68 -27.7% 92 +3.4%

Oct-2013 79 -24.8% 55 -50.9%

Nov-2013 85 -19.8% 71 +18.3%

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% 64 -5.9%

May-2014 76 +7.0% 61 -20.8%

Jun-2014 79 +3.9% 58 -7.9%

12-Month Avg 81 -11.3% 70 -12.8%

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

93

84

76

63

79

58

June110

96

8577

83

65

Year to Date

2012 2013 2014

- 7 9%- 25 0%+ 3 9%18 3% 19 8%2 4%22 7% 15 6%

2012 2013 2014 2012 2013 2014 2012 2013 2014

14 7% 7 6% 28 9%- 21 5%12 Month Avg 81 11.3% 70 12.8%

Historical Days on Market Until Sale by Month* Days on Market for all properties from July 2013 through June 2014. This is not the average of the individual figures above.



50

75

100

125

150

175

200

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



2012 2013 2014

- 7.9%- 25.0%+ 3.9%- 18.3% - 19.8%- 2.4%- 22.7% - 15.6%

2012 2013 2014 2012 2013 2014 2012 2013 2014

- 14.7% - 7.6% - 28.9%- 21.5%

Housing Affordability Index

Affordability IndexSingleFamily


Townhouse-Condo


Jul-2013 122 -17.0% 210 -11.0%

Aug-2013 123 -13.4% 196 -21.3%

Sep-2013 128 -13.5% 171 -31.6%

Oct-2013 131 -12.7% 210 -5.4%

Nov-2013 136 -6.8% 211 -5.0%

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 120 -13.7% 185 -18.5%

May-2014 120 -9.1% 196 -11.7%

Jun-2014 126 +4.1% 191 +2.7%

12-Month Avg 128 -11.6% 142 -15.0%

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.

144

245

121

186

126

191

June

2012 2013 2014

+ 2 7%24 1%+ 4 1%16 0%2012 2013 2014

+ 5 1% + 16 1%

149

235

127

201

127

192

Year to Date

4 5%- 14 5%0 0%14 8%+ 5 7% + 9 8%2012 2013 2014 2012 2013 2014 12 Month Avg 128 11.6% 142 15.0%

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

+ 2.7%- 24.1%+ 4.1%- 16.0%2012 2013 2014

+ 5.1% + 16.1%


- 4.5%- 14.5%0.0%- 14.8%+ 5.7% + 9.8%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 418 422 + 1.0% 1,942 1,908 - 1.8%

Median Sales Price $249,950 $256,401 + 2.6% $239,925 $252,175 + 5.1%

- 4.2%

Pending Sales 426 442 + 3.8% 462 456 - 1.3%

New Listings 573 535 - 6.6% 2,795 2,679


6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

-- --


-- --



Affordability Index 132 134 - 1.5% 138 136 - 1.5%


Average Sales Price $286,147 $288,147 + 6.5% $269,966 $287,583

Days on Market 73 75 - 4.8% 84 80 - 4.8%

+ 6.5%

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

6-2011 6-2012 6-2013 6-2014

Sold Listings

By Price Range 6-2013 6-2014 Change 6-2013 6-2014 Change 5-2014 6-2014 Change 5-2014 6-2014 Change 6-2013 6-2014 Change 6-2013 6-2014 Change$99,999 and Below 42 29 - 31.0% 57 31 - 45.6% 2 4 + 100.0% 3 2 - 33.3% 18 16 - 11.1% 18 10 - 44.4%$100,000 to $199,999 537 369 - 31.3% 497 491 - 1.2% 21 31 + 47.6% 45 48 + 6.7% 245 150 - 38.8% 256 227 - 11.3%$200,000 to $299,999 1,457 1,597 + 9.6% 171 227 + 32.7% 170 169 - 0.6% 20 29 + 45.0% 742 770 + 3.8% 88 121 + 37.5%$300,000 to $399,999 586 682 + 16.4% 17 32 + 88.2% 87 81 - 6.9% 7 2 - 71.4% 334 337 + 0.9% 11 17 + 54.5%$400,000 to $499,999 218 253 + 16.1% 8 10 + 25.0% 33 27 - 18.2% 0 0 -- 117 116 - 0.9% 6 2 - 66.7%$500,000 to $699,999 147 202 + 37.4% 4 2 - 50.0% 32 19 - 40.6% 0 1 -- 80 101 + 26.3% 3 2 - 33.3%$700,000 to $999,999 39 63 + 61.5% 0 0 -- 12 8 - 33.3% 0 0 -- 22 32 + 45.5% 0 0 --$1,000,000 to $1,999,999 11 14 + 27.3% 1 0 - 100.0% 2 1 - 50.0% 0 0 -- 2 6 + 200.0% 0 0 --$2,000,000 and Above 1 1 0.0% 0 0 -- 0 0 -- 0 0 -- 0 1 -- 0 0 --All Price Ranges 3,038 3,210 + 5.7% 755 793 + 5.0% 359 340 - 5.3% 75 82 + 9.3% 1,560 1,529 - 2.0% 382 379 - 0.8%

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

3,038

755

3,7933,210

793

4,003

Singe Family Townhouse-Condo All Properties

By Property Type 6-2013 6-2014

99

1,0341,628

603226 151 39 12 160

860

1,824

714263 204 63 14 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 6-2014 6-2013

0.0%- 39.4% - 16.8% + 12.0% + 18.4% + 16.7%+ 16.4% + 35.1% + 61.5% + 5.7% + 5.0% + 5.5%

Inventory of Active Listings

By Price Range 6-2013 6-2014 Change 6-2013 6-2014 Change 6-2013 6-2014 Change 6-2013 6-2014 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 6-2013 6-2014

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

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.

Documents

July 2014 Housing Reports