MONTHLY STAT PACK

Data through April 30, 2013

MONTHLY

RESIDENTIAL REVIEW

Welcome to the ERA Shields Stat Pack. The intention for providing this infor-

mation to you is to educate you on the current local real estate market so you can

better make decisions for you and your family. Real estate markets vary from

city to city as well as neighborhood to neighborhood. When the national media

reports on how the real estate market is doing, it is reporting on national num-

bers and it is likely very different from how your neighborhood is performing.

You will find factual data within The Stat Pack from which you may draw your

own conclusions. On the last page you will find a brief summary.

QUICK FACTS ABOUT THE LAST 3 MONTHS

⇒ The number of Active Listings is very low but has level out

⇒ The number of Sales for over the past 3 months is up 25% from 2012

⇒ Single Family Building Permits are up 377 units (61% increase)

⇒ The Average Inventory Level is down more than 30 days

⇒ The Average Sales Price and Median Sales Price both jumped 7% & 12%

⇒ 65% of sales in this quarter were under $250K compared to 71% in 2012

⇒ Foreclosure starts are down 400 units (35%) in 2013

The data found within the ERA Shields Real Estate Stat Pack is based on

information from the Pikes Peak REALTOR® Services Corporation

(RSC) or its PPMLS. This content is deemed reliable; however RSC,

PPMLS and ERA Shields Real Estate do not guarantee its accuracy. Data

maintained by RSC does not reflect all real estate activity in the market.

Additional sources include the Colorado Springs EDC, El Paso County

Assessor, El Paso County Trustee, Colorado Springs HBA, PPAR, The

Gazette, The CSBJ and NAR.

This graph compares the

number of homes on the

market to the number of

sales over the past 3

months for El Paso County

and determines how many

months it would take to sell

through the current listing

inventory. Most economists

consider 6.0 months to be a

balanced market.

MONTHLY PRICING TOOLS

Determine how your neighborhood is performing

Last Month Area Comparisons for Single Family & Patio Homes

This chart is ideal for helping you determine how your neighborhood is doing. If you are considering

selling your home, this information is just one tool you can reference to assist you with pricing

your home strategically. Call me if you need assistance utilizing this graph.

*Inventory = The number of months it would take to sell through the current active listings at the current

sales rate if no other homes came on the market. **DOM = Days on Market for the homes which actually sold.

For April 1, 2013 - April 30, 2013

Area Listings Solds DOM Inventory Avg List $ Avg Sales $

Black Forest 115 22 93 5.2 $594,577 $360,344

Briargate 202 56 79 3.6 $370,574 $306,267

Calhan 19 3 27 6.3 $212,153 $235,633

Central 170 63 71 2.7 $246,055 $176,883

Drennan 18 1 10 18.0 $150,336 $125,000

East 137 52 67 2.6 $237,910 $173,850

Ellicott 28 3 236 9.3 $178,743 $225,967

Falcon 36 8 174 4.5 $270,785 $216,500

Falcon North 196 50 73 3.9

$299,099 $259,197

Fountain Valley 356 150 63 2.4 $224,281 $186,930

Manitou 29 7 58 4.1 $389,186 $314,286

Marksheffel 73 16 57 4.6 $280,531 $206,456

Midway 9 5 34 1.8 $368,978 $171,380

Northeast 165 87 44 1.9 $290,422 $229,178

Northgate 98 28 95 3.5 $474,857 $425,831

Northwest 110 31 66 3.5 $469,975 $316,607

Old Colorado City

46 20 63 2.3 $245,976 $219,475

Peyton 30 6 179 5.0 $440,957 $305,733

Powers 239 89 51 2.7 $241,185 $203,733

Rock Creek 9 2 13 4.5 $607,878 $237,750

Southeast 127 47 63 2.7 $150,512 $134,261

Southwest 247 41 92 6.0 $679,680 $350,462

Tri Lakes 219 38 64 5.8 $495,809 $387,132

Ute Pass 43 2 259 21.5 $410,724 $139,000

West 62 17 43 3.6 $495,909 $205,730

Divide 57 8 96 7.1 $450,331 $217,063

Woodland Park 88 14 104 6.3 $464,502 $287,790

MONTHLY PRICING TOOLS

Determine how your price range is performing

3-Month Price Range Comparisons for Single Family & Patio Homes

This chart is ideal for helping you determine how your neighborhood is doing. If you are considering

selling your home, this information is just one tool you can reference to assist you with pricing your

home strategically. If you have questions on how to properly use this data, call me.

List Price Ac�ve Lis�ngs Solds Days on Market Inventory

Supply Demand Days to Sell Months

Under $75,000 99 98 104 3.0

$75,000 to $99,999 195 101 121 5.8

$100,000 to $124,999 237 129 91 5.5

$125,000 to $149,999 387 216 104 5.4

$150,000 to $174,999 467 268 96 5.2

$175,000 to $199,999 509 316 92 4.8

$200,000 to $224,999 431 219 104 5.9

$225,000 to $249,999 504 253 108 6.0

$250,000 to $274,999 410 173 103 7.1

$275,000 to $299,999 353 137 109 7.7

$300,000 to $324,999 206 88 106 7.0

$325,000 to $349,999 282 103 131 8.2

$350,000 to $374,999 190 79 121 7.2

$375,000 to $399,999 232 70 123 9.9

$400,000 to $424,999 103 39 168 7.9

$425,000 to $449,999 130 47 152 8.3

$450,000 to $474,999 81 24 133 10.1

$475,000 to $499,999 124 23 181 16.2

$500,000 to $549,999 110 22 126 15.0

$550,000 to $599,999 111 21 157 15.9

$600,000 to $649,999 69 11 234 18.8

$650,000 to $699,999 64 14 136 13.7

$700,000 to $749,999 37 4 336 27.8

$750,000 to $799,999 43 5 83 25.8

$800,000 to $849,999 17 1 121 51.0

$850,000 to $899,999 24 2 184 36.0

$900,000 to $949,999 9 2 62 13.5

$950,000 to $999,999 17 1 65 51.0

$1 mil to $1.50 mil 79 7 565 33.9

$1.5 mil to $2.0 mil 34 1 13 102.0

$2.0 mil & above 11 0 n/a n/a

3-MONTHS OF DATA

COMPARING DATA OVER THE PAST 10 YEARS

Active Listings at the end of the month when compared to the same

month the previous 10 years.

This graph shows the total number of Solds for the past 3 months. Comparing

3-months of data over the past 10 years helps determine what trends are occurring.

Active Listings

3-Months of Solds

3-MONTHS OF DATA

COMPARING DATA OVER THE PAST 10 YEARS

The Average & Median Sales Prices for the same month over the past 10 years.

The price range your home is within, dictates your odds of selling.

Generally the lower your price, the more potential buyers.

Monthly Summary

The year thus far continues to be good to homeowners. Prices continue their steady climb from the depths of 2009; average sales price is up 12% and median price is up 19% since 2009. Inventory levels have finally leveled off after dropping more than 45% since 2008. The combination of extremely low mortgage rates and low inventory has allowed the market to rebound nicely in the past several months. The good news for buyers is that values continue to be good when you consider the low mortgage rates and the fact that prices are down about 7% from the height of the market in 2007. The greatest challenge for buyers in todays market is finding a good home since there are so few homes on the market.