June Housing Report: New projections indicate that rates will remain the same until September 2015.

May 2015 Activity Snapshot

One-Year Change in One-Year Change inSingle FamilySold Listings

Single FamilyDays On Market

23456789

10111213141516

Click on desired metric to jump to that page.

Monthly Indicators

- 28.0% - 1.3% + 13.6%One-Year Change in

New Listings were down 1.4 percent for single family homes and 16.3 percent for townhouse-condo properties. Pending sales clocked in at 339 for single family homes and 67 for townhouse-condo properties.

The Median Sales Price was up 13.6 percent to $325,000 for single family homes and 32.3 percent to $231,500 for townhouse-condo properties. Days on Market decreased 1.3 percent for single family homes but increased 25.0 percent for condo properties.

One interesting effect of a weaker-than-expected economy is that the Federal Reserve does not seem ready to raise short-term interest rates during summer, as some had suggested might happen. New projections indicate that rates will remain the same until September at the earliest. The dominant storylines in housing are decidedly not negative these days. Instead, you're more likely to see top sales and luxury living highlighted than the woes of foreclosures and short sales.

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

Current as of June 6, 2015. All data from IRES, LLC. Powered by 10K Research and Marketing.

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

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 5-2014 5-2015 Percent Change YTD-2014 YTD-2015 Percent Change

-- --

Current as of June 6, 2015. All data from IRES, LLC. Powered by 10K Research and Marketing. | 2

-- --

Months Supply 2.5 1.9 - 24.0% --

Active Listings 657 490 - 25.4% --

Affordability Index 120 114 - 5.0% 128 116 - 9.4%

Pct. of List Price Received 99.4% 101.2% + 1.8% 99.0% 100.1% + 1.1%

Avg. Sales Price $336,884 $357,743 + 6.2% $312,284 $350,248

Days on Market 76 75 - 1.3% 85 81 - 4.7%

-- --

Sold Listings 361 260 - 28.0% 1,193 1,122 - 6.0%

Median Sales Price $286,000 $325,000 + 13.6% $269,000 $318,906 + 18.6%

+ 12.2%

- 9.3%

Pending Sales 319 339 + 6.3% 1,481 1,346 - 9.1%

New Listings 425 419 - 1.4% 1,775 1,610

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

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

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


-- --


-- --

Months Supply 1.2 0.9 - 25.0% --




Avg. Sales Price $190,350 $234,256 + 23.1% $189,126 $232,015

Days on Market 60 75 + 25.0% 66 72 + 9.1%

-- --

Sold Listings 75 79 + 5.3% 298 348 + 16.8%


+ 22.7%

+ 0.8%

Pending Sales 81 67 - 17.3% 370 402 + 8.6%

New Listings 86 72 - 16.3% 397 400


5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

New Listings

New ListingsSingleFamily

Year-Over-YearChange

Townhouse-Condo


Jun-2014 447 -7.6% 101 +13.5%

Jul-2014 369 -10.9% 116 +19.6%

Aug-2014 323 -11.3% 106 +19.1%

Sep-2014 275 -8.3% 64 +4.9%

Oct-2014 268 +5.5% 69 +50.0%

Nov-2014 167 -16.1% 44 -2.2%

Dec-2014 127 -11.2% 65 +103.1%

Jan-2015 208 -26.5% 64 0.0%

Feb-2015 281 +2.9% 71 +22.4%

Mar-2015 309 -6.9% 94 -6.9%

Apr-2015 393 -14.9% 99 +12.5%

May-2015 419 -1.4% 72 -16.3%

12-Month Avg 299 -8.8% 80 +12.7%

Historical New Listings by Month


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

514

87

425

86

419

72

Single Family Townhouse-Condo

May

0

100

200

300

400

500

600

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


1,825

397

1,775

397

1,610

400


Year to Date

2013 2014 2015

- 16.3%- 1.1%- 1.4%- 17.3% 0.0%- 9.3%- 2.7% + 0.8%

2013 2014 2015 2013 2014 2015 2013 2014 2015

+ 21.5% + 11.7% - 1.5%+ 1.2%

Pending Sales

Pending SalesSingleFamily


Townhouse-Condo


Jun-2014 352 +0.9% 91 +18.2%

Jul-2014 309 +4.4% 112 +57.7%

Aug-2014 255 +4.1% 90 +13.9%

Sep-2014 267 +23.0% 63 +18.9%

Oct-2014 233 +2.2% 63 -3.1%

Nov-2014 205 +2.5% 40 -16.7%

Dec-2014 164 +9.3% 48 +84.6%

Jan-2015 183 -19.4% 70 +18.6%

Feb-2015 254 +3.3% 75 +27.1%

Mar-2015 271 -18.4% 97 +1.0%

Apr-2015 299 -16.2% 93 +24.0%

May-2015 339 +6.3% 67 -17.3%

12-Month Avg 261 -1.1% 76 +15.2%

Historical Pending Sales by Month

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


356

87

319

81

339

67


May

0

100

200

300

400

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


1,494

385

1,481

370

1,346

402


Year to Date

2013 2014 2015

- 17.3%- 6.9%+ 6.3%- 10.4% - 3.9%- 9.1%- 0.9% + 8.6%

2013 2014 2015 2013 2014 2015 2013 2014 2015

+ 15.6% + 16.9% + 18.8%+ 1.2%

Sold Listings

Sold ListingsSingleFamily


Townhouse-Condo


Jun-2014 346 +5.2% 88 -1.1%

Jul-2014 337 -14.0% 87 -6.5%

Aug-2014 315 -8.4% 98 +24.1%

Sep-2014 270 +10.2% 90 +11.1%

Oct-2014 303 +16.5% 74 +60.9%

Nov-2014 209 +2.5% 42 -22.2%

Dec-2014 210 -11.0% 56 -8.2%

Jan-2015 179 +22.6% 38 +18.8%

Feb-2015 168 -1.2% 64 +25.5%

Mar-2015 242 +3.9% 82 +34.4%

Apr-2015 273 -3.5% 85 +7.6%

May-2015 260 -28.0% 79 +5.3%

12-Month Avg 259 -2.8% 74 +10.2%

Historical Sold Listings by Month

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


327

102

361

75

260

79


May

0

100

200

300

400

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


1,231

293

1,193

298

1,122

348


Year to Date

2013 2014 2015

+ 5.3%- 26.5%- 28.0%+ 10.4% + 1.7%- 6.0%- 3.1% + 16.8%

2013 2014 2015 2013 2014 2015 2013 2014 2015

+ 10.1% + 23.6% + 24.2%+ 32.5%

Median Sales Price

Median Sales PriceSingleFamily


Townhouse-Condo


Jun-2014 $276,250 +0.8% $179,500 +0.8%

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

Aug-2014 $286,500 +6.9% $175,000 +4.2%

Sep-2014 $287,353 +10.5% $209,010 +7.2%

Oct-2014 $286,943 +12.5% $207,750 +30.7%

Nov-2014 $290,000 +11.8% $209,250 +24.9%

Dec-2014 $314,550 +22.4% $220,000 +18.1%

Jan-2015 $289,733 +16.3% $220,000 +19.2%

Feb-2015 $308,500 +23.0% $253,108 +40.9%

Mar-2015 $326,565 +27.6% $223,552 +39.7%

Apr-2015 $319,000 +13.9% $225,000 +25.0%

May-2015 $325,000 +13.6% $231,500 +32.3%

12-Month Avg* $299,500 +13.0% $207,000 +18.3%

Historical Median Sales Price by Month

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

* Median Sales Price for all properties from June 2014 through May 2015. This is not the average of the individual figures above.


$265,000

$157,500

$286,000

$175,000

$325,000

$231,500


May

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

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


$255,000

$159,500

$269,000

$178,200

$318,906

$230,000


Year to Date

2013 2014 2015

+ 32.3%+ 11.1%+ 13.6%+ 7.9% + 11.7%+ 18.6%+ 5.5% + 29.1%

2013 2014 2015 2013 2014 2015 2013 2014 2015

+ 11.8% + 6.3% + 3.0%- 1.6%

Average Sales Price

Avg. Sales PriceSingleFamily


Townhouse-Condo


Jun-2014 $314,397 +1.3% $188,195 -4.3%

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

Aug-2014 $328,959 +8.9% $188,734 +9.5%

Sep-2014 $329,402 +7.9% $214,168 +5.1%

Oct-2014 $325,249 +7.5% $235,057 +42.3%

Nov-2014 $324,515 +6.0% $207,503 +11.7%

Dec-2014 $344,997 +12.9% $260,513 +29.5%

Jan-2015 $332,530 +12.4% $215,068 +4.7%

Feb-2015 $339,461 +18.6% $242,771 +29.5%

Mar-2015 $354,774 +19.5% $227,514 +29.1%

Apr-2015 $357,353 +12.5% $233,751 +21.4%

May-2015 $357,743 +6.2% $234,256 +23.1%

12-Month Avg* $335,653 +8.6% $217,989 +16.7%

Historical Average Sales Price by Month

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

* Avg. Sales Price for all properties from June 2014 through May 2015. This is not the average of the individual figures above.


$290,118

$174,671

$336,884

$190,350

$357,743

$234,256


May

$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


2013 2014 2015

+ 23.1%+ 9.0%+ 6.2%+ 16.1%2013 2014 2015

+ 7.7% + 5.4%

$287,871

$171,657

$312,284

$189,126

$350,248

$232,015


Year to Date

+ 22.7%+ 10.2%2013 2014 2015 2013 2014 2015

+ 12.2%+ 8.5%+ 5.8% + 6.1%

Percent of List Price Received

Pct. of List Price Received

SingleFamily


Townhouse-Condo


Jun-2014 99.5% +0.2% 99.4% +0.3%

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 99.1% +0.8% 98.8% +1.2%

Dec-2014 98.0% -0.5% 100.2% +1.2%

Jan-2015 98.5% +0.5% 99.7% +1.7%

Feb-2015 99.5% +0.6% 100.6% +2.0%

Mar-2015 99.8% +1.2% 101.9% +3.0%

Apr-2015 100.6% +1.1% 101.1% +1.1%

May-2015 101.2% +1.8% 102.3% +2.4%

12-Month Avg* 98.9% +0.6% 99.1% +1.1%

Historical Percent of List Price Received by Month

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.

* Pct. of List Price Received for all properties from June 2014 through May 2015. This is not the average of the individual figures above.


99.2% 99.2%99.4% 99.9%101.2% 102.3%


May

94%

96%

98%

100%

102%

104%

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


98.8% 98.9%99.0% 99.3%100.1% 101.3%


Year to Date

2013 2014 2015

+ 2.4%+ 0.7%+ 1.8%+ 0.2% + 0.4%+ 1.1%+ 0.2% + 2.0%2013 2014 2015 2013 2014 2015 2013 2014 2015

+ 0.7% + 0.6% + 1.7%+ 1.2%

Days on Market Until Sale

Days on MarketSingleFamily


Townhouse-Condo


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 76 +11.8% 95 +3.3%

Oct-2014 87 +10.1% 81 +47.3%

Nov-2014 87 +2.4% 89 +25.4%

Dec-2014 85 -14.1% 103 -1.0%

Jan-2015 94 -8.7% 73 -24.7%

Feb-2015 91 -4.2% 74 +23.3%

Mar-2015 78 -13.3% 72 +9.1%

Apr-2015 74 -2.6% 67 +6.3%

May-2015 75 -1.3% 75 +25.0%

12-Month Avg 80 -0.9% 71 +1.2%

Historical Days on Market Until Sale by Month* Days on Market for all properties from June 2014 through May 2015. This is not the average of the individual figures above.


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

717776

60

75 75


May

25

50

75

100

125

150

175

200

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


8881

85

66

81

72


Year to Date

2013 2014 2015

+ 25.0%- 22.1%- 1.3%+ 7.0% - 18.5%- 4.7%- 3.4% + 9.1%

2013 2014 2015 2013 2014 2015 2013 2014 2015

- 22.8% - 23.5% - 19.8%- 1.3%

Housing Affordability Index

Affordability IndexSingleFamily


Townhouse-Condo


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 118 -7.8% 163 -4.7%

Oct-2014 121 -7.6% 167 -20.5%

Nov-2014 120 -11.8% 166 -21.3%

Dec-2014 111 -15.3% 159 -12.2%

Jan-2015 127 -3.8% 168 -6.1%

Feb-2015 120 -9.8% 146 -21.5%

Mar-2015 112 -14.5% 163 -22.4%

Apr-2015 116 -2.5% 164 -11.4%

May-2015 114 -5.0% 160 -18.4%

12-Month Avg 118 -10.5% 127 -17.3%

Historical Housing Affordability Index by Month

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.


132

222

120

196

114

160


May

100

125

150

175

200

225

250

275

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


2013 2014 2015

- 18.4%- 11.7%- 5.0%- 9.1%2013 2014 2015

- 12.6% - 0.9%

137

220

128

193

116

161


Year to Date

- 16.6%- 12.3%- 9.4%- 6.6%- 8.1% - 4.8%2013 2014 2015 2013 2014 2015

Inventory of Active Listings

Active ListingsSingleFamily


Townhouse-Condo


Jun-2014 706 -8.2% 89 -12.7%

Jul-2014 703 -14.2% 86 -30.1%

Aug-2014 711 -16.5% 92 -28.1%

Sep-2014 662 -20.7% 88 -28.5%

Oct-2014 622 -20.5% 84 -7.7%

Nov-2014 525 -24.5% 88 +10.0%

Dec-2014 427 -28.2% 97 +26.0%

Jan-2015 423 -28.3% 82 +7.9%

Feb-2015 418 -28.7% 68 -1.4%

Mar-2015 426 -21.0% 64 -5.9%

Apr-2015 450 -24.1% 61 -22.8%

May-2015 490 -25.4% 65 -20.7%

12-Month Avg* 547 -21.0% 80 -12.2%

Historical Inventory of Active Listings by Month

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

* Active Listings for all properties from June 2014 through May 2015. This is not the average of the individual figures above.


701

95

657

82

490

65


May

0

200

400

600

800

1,000

1,200

1,400

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


2013 2014 2015- 20.7%- 13.7%- 25.4%- 6.3%

2013 2014 2015- 22.3% - 45.7%

Months Supply of Inventory

Months SupplySingleFamily


Townhouse-Condo


Jun-2014 2.6 -13.3% 1.3 -18.8%

Jul-2014 2.7 -15.6% 1.3 -31.6%

Aug-2014 2.7 -15.6% 1.4 -30.0%

Sep-2014 2.5 -21.9% 1.3 -31.6%

Oct-2014 2.3 -20.7% 1.2 -14.3%

Nov-2014 2.0 -23.1% 1.3 +8.3%

Dec-2014 1.6 -27.3% 1.4 +16.7%

Jan-2015 1.6 -27.3% 1.2 +9.1%

Feb-2015 1.6 -27.3% 1.0 0.0%

Mar-2015 1.6 -20.0% 0.9 -10.0%

Apr-2015 1.7 -22.7% 0.8 -27.3%

May-2015 1.9 -24.0% 0.9 -25.0%

12-Month Avg* 2.1 -21.5% 1.2 -17.5%

Historical Months Supply of Inventory by Month* Months Supply for all properties from June 2014 through May 2015. This is not the average of the individual figures above.


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.

2.8

1.5

2.5

1.2

1.9

0.9


May

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


2013 2014 2015- 25.0%- 20.0%- 24.0%- 10.7%

2013 2014 2015- 36.4% - 57.1%

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


-- --


-- --

Months Supply 2.2 1.7 - 24.7% --




Avg. Sales Price $311,678 $328,966 + 12.0% $287,669 $322,258

Days on Market 74 75 - 2.5% 81 79 - 2.5%

-- --

Sold Listings 436 339 - 22.2% 1,491 1,470 - 1.4%


+ 12.0%

- 7.5%

Pending Sales 400 406 + 1.5% 370 402 + 8.6%

New Listings 511 491 - 3.9% 2,172 2,010


5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

5-2012 5-2013 5-2014 5-2015

Sold Listings

By Price Range 5-2014 5-2015 Change 5-2014 5-2015 Change 4-2015 5-2015 Change 4-2015 5-2015 Change 5-2014 5-2015 Change 5-2014 5-2015 Change$99,999 and Below 30 26 - 13.3% 32 15 - 53.1% 0 2 -- 1 0 - 100.0% 12 10 - 16.7% 8 3 - 62.5%$100,000 to $199,999 383 205 - 46.5% 494 405 - 18.0% 11 15 + 36.4% 38 22 - 42.1% 118 61 - 48.3% 180 129 - 28.3%$200,000 to $299,999 1,568 1,331 - 15.1% 226 349 + 54.4% 99 84 - 15.2% 21 39 + 85.7% 603 404 - 33.0% 92 139 + 51.1%$300,000 to $399,999 675 890 + 31.9% 34 101 + 197.1% 94 81 - 13.8% 24 18 - 25.0% 258 364 + 41.1% 15 75 + 400.0%$400,000 to $499,999 268 343 + 28.0% 14 5 - 64.3% 32 43 + 34.4% 0 0 -- 89 144 + 61.8% 2 1 - 50.0%$500,000 to $699,999 203 221 + 8.9% 1 6 + 500.0% 26 29 + 11.5% 1 0 - 100.0% 83 106 + 27.7% 1 1 0.0%$700,000 to $999,999 62 79 + 27.4% 0 1 -- 11 5 - 54.5% 0 0 -- 24 29 + 20.8% 0 0 --$1,000,000 to $1,999,999 13 17 + 30.8% 0 0 -- 0 1 -- 0 0 -- 5 4 - 20.0% 0 0 --$2,000,000 and Above 1 0 - 100.0% 0 1 -- 0 0 -- 0 0 -- 1 0 - 100.0% 0 0 --All Price Ranges 3,203 3,112 - 2.8% 801 883 + 10.2% 273 260 - 4.8% 85 79 - 7.1% 1,193 1,122 - 6.0% 298 348 + 16.8%

Inventory of Active Listings

By Price Range 5-2014 5-2015 Change 5-2014 5-2015 Change 4-2015 5-2015 Change 4-2015 5-2015 Change$99,999 and Below 17 4 - 76.5% 1 2 + 100.0% 5 4 - 20.0% 1 2 + 100.0%$100,000 to $199,999 77 36 - 53.2% 25 7 - 72.0% 31 36 + 16.1% 11 7 - 36.4%$200,000 to $299,999 125 68 - 45.6% 41 26 - 36.6% 59 68 + 15.3% 15 26 + 73.3%$300,000 to $399,999 145 106 - 26.9% 6 18 + 200.0% 108 106 - 1.9% 21 18 - 14.3%$400,000 to $499,999 114 107 - 6.1% 4 7 + 75.0% 101 107 + 5.9% 8 7 - 12.5%$500,000 to $699,999 99 95 - 4.0% 2 1 - 50.0% 85 95 + 11.8% 1 1 0.0%$700,000 to $999,999 57 50 - 12.3% 0 2 -- 40 50 + 25.0% 2 2 0.0%$1,000,000 to $1,999,999 22 21 - 4.5% 1 2 + 100.0% 20 21 + 5.0% 2 2 0.0%$2,000,000 and Above 1 3 + 200.0% 2 0 - 100.0% 1 3 + 200.0% 0 0 --All Price Ranges 657 490 - 25.4% 82 65 - 20.7% 450 490 + 8.9% 61 65 + 6.6%

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

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

3,203

801

4,0043,112

883

3,995

Singe Family Townhouse-Condo All Properties

By Property Type 5-2014 5-2015

657

82

739490

65

555

Singe Family Townhouse-Condo All Properties

By Property Type

62

877

1,794

709282 204 62 13 141

610

1,680991

348 227 80 17 1

< $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 5-2014 5-2015

0.0%

1777

125 145114 99

5722 14

3668

106 107 9550

21 3

< $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

- 33.9% - 30.4% - 6.4% + 39.8% + 30.8%+ 23.4% + 11.3% + 29.0% - 2.8% + 10.2% - 0.2%

+ 200.0%- 76.5% - 53.2% - 45.6% - 26.9% - 4.5%- 4.0% - 12.3% - 25.4% - 20.7% - 24.9%- 6.1%

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 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.

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.

June Housing Report: New projections indicate that rates will remain the same until September 2015.

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Transcript of June Housing Report: New projections indicate that rates will remain the same until September 2015.