January 2013 NoCo Market Report

Q4-2012 Activity Snapshot

One-Year Change in One-Year Change inSold Listings Days on Market

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Quarterly Indicators

+ 21.9% - 14.9% + 8.5%One-Year Change in

Percent changes calculated using year-over-year comparisons.

Current as of January 12, 2013. All data from IRES, LLC. Powered by 10K Research and Marketing.

Pending SalesSold Listings

Median Sales Price

Residential real estate activity in Larimer County, comprised of single-family properties, townhomes and condominiums combined. Percent changes are calculated using rounded figures.

Activity OverviewNew Listings

Median Sales PriceAverage Sales PricePercent of List Price ReceivedDays on Market Until SaleHousing Affordability IndexGlossary of Terms

The fourth quarter of 2012 was especially active and encouraging. While many potential threats to the economy lingered, the housing market clearly showed strong and continuing signs of recovery. Colorado is pointing the nation in the right direction. Inventory is improving, prices continue to rise and days on market show consistent downward trends.

New Listings increased 9.3 percent to 3,037. Pending Sales were down 10.2 percent to 2,089. Inventory levels were at 4,092 units.

Prices rallied higher. The Median Sales Price increased 8.5 percent to $236,000. Days on Market was down 14.9 percent to 103 days. Months Supply of Inventory was at 3.5 months.

Economists list three primary avenues to housing recovery: better market fundamentals, improved market composition and more jobs. Many areas of Colorado are enjoying better fundamentals and less distressed activity. If job growth continues in 2013, housing should lead the way to economic recovery in our state, and our REALTOR® members will enjoy a robust market with increased opportunities.

Market Overview

Key Metrics Historical Sparkbars Q4-2011 Q4-2012 Percent Change YTD 2011 YTD 2012 Percent Change

Key metrics by reported quarter and for year-to-date (YTD) starting from the first of the year.

New Listings 2,778 3,037 + 9.3% 18,692 + 3.8%

Pending Sales 2,325 2,089 - 10.2% 11,867 13,507 + 13.8%

18,005

+ 19.2%

Median Sales Price $217,500 $236,000 + 8.5% $217,257 $233,000 + 7.2%

Sold Listings 2,658 3,240 + 21.9% 11,742 14,001

+ 5.9%

Pct. of List Price Received 97.3% 98.0% + 0.7% 97.3% 98.0% + 0.7%

Average Sales Price $272,793 $292,569 + 7.2% $275,323 $291,521

162 + 1.3%

Days on Market 121 103 - 14.9% 117 105

Current as of January 12, 2013. All data from IRES, LLC. Powered by 10K Research and Marketing. | Click for Cover Page | 2

--

Months Supply -- 3.5 -- -- -- --

Active Listings -- 4,092 -- -- --Not enough historical data for chart

Not enough historical data for chart

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

- 10.3%

Affordability Index 160 160 0.0% 160

Q3-2009 Q3-2010 Q3-2011 Q3-2012

Q3-2009 Q3-2010 Q3-2011 Q3-2012

Q3-2009 Q3-2010 Q3-2011 Q3-2012

Q3-2009 Q3-2010 Q3-2011 Q3-2012

Q3-2009 Q3-2010 Q3-2011 Q3-2012

Q3-2009 Q3-2010 Q3-2011 Q3-2012

Q3-2009 Q3-2010 Q3-2011 Q3-2012

Q3-2009 Q3-2010 Q3-2011 Q3-2012

New Listings

Q1-2010 6,290 +14.9%

Q2-2010 6,648 +8.3%

Q3-2010 5,186 -5.2%

Q4-2010 3,231 -8.4%

Q1-2011 4,787 -23.9%

Q2-2011 5,958 -10.4%

Q3-2011 4,482 -13.6%

Q4-2011 2,778 -14.0%

Q1-2012 4,613 -3.6%

Q2-2012 6,115 +2.6%

Q3-2012 4,927 +9.9%

Q4-2012 3,037 +9.3%

Historical New Listings by Quarter


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

Percent Changefrom Previous YearNew Listings

3,527 3,231

2,778 3,037

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Fourth Quarter

2,000

3,000

4,000

5,000

6,000

7,000

Q1-2009 Q1-2010 Q1-2011 Q1-2012

20,608 21,355

18,005 18,692

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Year to Date

+ 3.8% - 14.0% + 9.3% - 15.7% - 8.4% + 3.6%

Pending Sales

Q1-2010 3,273 +25.0%

Q2-2010 3,592 -2.2%

Q3-2010 2,692 -19.4%

Q4-2010 2,113 -7.4%

Q1-2011 2,816 -14.0%

Q2-2011 3,695 +2.9%

Q3-2011 3,031 +12.6%

Q4-2011 2,325 +10.0%

Q1-2012 3,323 +18.0%

Q2-2012 4,534 +22.7%

Q3-2012 3,561 +17.5%

Q4-2012 2,089 -10.2%

Historical Pending Sales by Quarter


A count of the properties on which offers have been accepted in a given quarter. Pending Sales are counted for all property types at the end of the quarter for each listing that went into pending during that quarter.

Percent Changefrom Previous YearPending Sales

2,281 2,113

2,325 2,089

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Fourth Quarter

2,000

2,500

3,000

3,500

4,000

4,500

5,000

Q1-2009 Q1-2010 Q1-2011 Q1-2012

11,910 11,670 11,867 13,507

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Year to Date

+ 13.8% + 10.0% - 10.2% + 1.7% - 7.4% - 2.0%

Sold Listings

Q1-2010 2,258 +10.9%

Q2-2010 4,148 +26.4%

Q3-2010 2,798 -23.2%

Q4-2010 2,431 -14.6%

Q1-2011 2,128 -5.8%

Q2-2011 3,545 -14.5%

Q3-2011 3,411 +21.9%

Q4-2011 2,658 +9.3%

Q1-2012 2,384 +12.0%

Q2-2012 4,279 +20.7%

Q3-2012 4,098 +20.1%

Q4-2012 3,240 +21.9%

Historical Sold Listings by Quarter


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

Percent Changefrom Previous YearSold Listings

2,847

2,431 2,658

3,240

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Fourth Quarter

2,000

2,500

3,000

3,500

4,000

4,500

Q1-2009 Q1-2010 Q1-2011 Q1-2012

11,810 11,635 11,742

14,001

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Year to Date

+ 19.2% + 9.3% + 21.9% + 0.9% - 14.6% - 1.5%

Median Sales Price

Q1-2010 $217,000 +8.5%

Q2-2010 $220,000 +2.6%

Q3-2010 $225,000 +4.7%

Q4-2010 $219,639 +3.1%

Q1-2011 $208,000 -4.1%

Q2-2011 $219,576 -0.2%

Q3-2011 $220,000 -2.2%

Q4-2011 $217,500 -1.0%

Q1-2012 $219,675 +5.6%

Q2-2012 $237,480 +8.2%

Q3-2012 $234,950 +6.8%

Q4-2012 $236,000 +8.5%

Historical Median Sales Price by Quarter


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

Percent Changefrom Previous YearMedian Sales Price

$213,000 $219,639 $217,500 $236,000

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Fourth Quarter

$200,000

$210,000

$220,000

$230,000

$240,000

Q1-2009 Q1-2010 Q1-2011 Q1-2012

$211,000 $220,000 $217,257

$233,000

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Year to Date

+ 7.2% - 1.0% + 8.5% - 1.2% + 3.1% + 4.3%

Average Sales Price

Q1-2010 $267,425 +4.8%

Q2-2010 $277,199 +4.0%

Q3-2010 $284,165 +8.3%

Q4-2010 $279,574 +4.6%

Q1-2011 $269,074 +0.6%

Q2-2011 $278,004 +0.3%

Q3-2011 $278,405 -2.0%

Q4-2011 $272,793 -2.4%

Q1-2012 $284,727 +5.8%

Q2-2012 $296,428 +6.6%

Q3-2012 $289,524 +4.0%

Q4-2012 $292,569 +7.2%

Historical Average Sales Price by Quarter


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

Percent Changefrom Previous YearAverage Sales Price

$267,397 $279,574 $272,793 $292,569

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Fourth Quarter

$250,000

$260,000

$270,000

$280,000

$290,000

$300,000

Q1-2009 Q1-2010 Q1-2011 Q1-2012

$263,506 $277,471 $275,323

$291,521

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Year to Date

+ 5.9% - 2.4% + 7.2% - 0.8% + 4.6% + 5.3%

Percent of List Price Received

Q1-2010 97.3% +0.6%

Q2-2010 97.5% +0.1%

Q3-2010 96.8% -0.9%

Q4-2010 96.6% -0.7%

Q1-2011 96.9% -0.4%

Q2-2011 97.5% 0.0%

Q3-2011 97.3% +0.5%

Q4-2011 97.3% +0.7%

Q1-2012 97.5% +0.6%

Q2-2012 98.2% +0.7%

Q3-2012 98.2% +0.9%

Q4-2012 98.0% +0.7%

Historical Percent of List Price Received by Quarter


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 quarter, not accounting for seller concessions.

Percent Changefrom Previous YearPct. of List Price Received

97.3% 96.6% 97.3% 98.0%

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Fourth Quarter

96.5%

96.8%

97.0%

97.3%

97.5%

97.8%

98.0%

98.3%

Q1-2009 Q1-2010 Q1-2011 Q1-2012

97.3% 97.1% 97.3% 98.0%

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Year to Date

+ 0.7% + 0.7% + 0.7% + 0.2% - 0.7% - 0.2%

Days on Market Until Sale

Q1-2010 118 -1.7%

Q2-2010 108 -5.3%

Q3-2010 110 +0.9%

Q4-2010 119 +1.7%

Q1-2011 128 +8.5%

Q2-2011 117 +8.3%

Q3-2011 108 -1.8%

Q4-2011 121 +1.7%

Q1-2012 126 -1.6%

Q2-2012 105 -10.3%

Q3-2012 94 -13.0%

Q4-2012 103 -14.9%

Historical Days on Market Until Sale by Quarter


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

Percent Changefrom Previous YearDays on Market

117 119 121

103

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Fourth Quarter

90

100

110

120

130

Q1-2009 Q1-2010 Q1-2011 Q1-2012

114 113 117 105

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Year to Date

- 10.3% + 1.7% - 14.9% + 3.5% + 1.7% - 0.9%

Housing Affordability Index

Q1-2010 141 -6.6%

Q2-2010 142 +2.9%

Q3-2010 145 +1.4%

Q4-2010 147 +4.3%

Q1-2011 154 +9.2%

Q2-2011 152 +7.0%

Q3-2011 158 +9.0%

Q4-2011 160 +8.8%

Q1-2012 159 +3.2%

Q2-2012 153 +0.7%

Q3-2012 159 +0.6%

Q4-2012 160 0.0%

Historical Housing Affordability Index by Quarter


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.

Percent Changefrom Previous YearAffordability Index

141 147 160 160

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Fourth Quarter

135

140

145

150

155

160

Q1-2009 Q1-2010 Q1-2011 Q1-2012

143 147 160 162

Q4-2009 Q4-2010 Q4-2011 Q4-2012

Year to Date

+ 1.3% + 8.8% 0.0% + 8.8% + 4.3% + 2.8%

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 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 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 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 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 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.

AATTACHEDTTACHED DDWELLINGWELLING MMARKETARKET AANALYSISNALYSIS, T, TRENDSRENDS, , ANDAND KKEYEY PPOINTSOINTS

Due back to FCBR within 24 hours for Inclusion in this months packet

NNAMEAME_______________________ CCOMPANYOMPANY___________________ PPHONEHONE______________

RRESIDENTIALESIDENTIAL DDETACHEDETACHED MMARKETARKET AANALYSISNALYSIS, T, TRENDSRENDS, , ANDAND KKEYEY PPOINTSOINTS

Due back to FCBR within 24 hrs for Inclusion in this months packet

FCBR MFCBR MARKETARKET BBAROMETERAROMETER

BBASEDASED ONON AA SSCALECALE OFOF 11--5. 1 5. 1 BEINGBEING ANAN ABSOLUTEABSOLUTE BUYERSBUYERS MARTETMARTET ANDAND 5 5 BEINGBEING ANAN ABSOLUTEABSOLUTE SELLERSSELLERS MARKETMARKET. W. WHEREHERE AREARE WEWE TODAYTODAY ININ YOURYOUR OPINIONOPINION? (C? (CIRCLEIRCLE OONENE))

11 2 3 4 52 3 4 5

BBUYERUYER MMARKETARKET / S/ SOMEWHATOMEWHAT OFOF BBUYERSUYERS MMARKETARKET / N/ NOTOT SSUREURE / S/ SOMEWHATOMEWHAT OFOF SSELLERSELLERS MMARKETARKET / S/ SELLERSELLERS MMARKETARKET

OOTHERTHER CCOMMENTSOMMENTS ANDAND SSTORYTORY IIDEASDEAS

FT COLLINS RESIDENTIAL Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12Monthly Active Listing Snapshot 984 1100 1006 1093 1142 1097 Previous Year Active 1028 1116 1263 1362 1396 1425 % Difference Previous Yr -4.3% -1.4% -20.3% -19.8% -18.2% -23.0%Monthly # of Sold Listings 107 116 226 239 277 309Monthly Median Sales Price $238,500 $230,500 $245,500 $245,000 $238,800 $251,200 Previous Year Median $246,000 $239,000 $210,000 $230,000 $236,000 $240,250 % Difference Previous Yr -3.0% -3.6% 16.9% 6.5% 1.2% 4.6%Monthly $ Volume $28,931,518 $28,992,213 $65,070,445 $66,362,817 $75,778,005 $92,002,451 Previous Year Monthly $ Volume $26,772,442 $31,024,305 $43,233,830 $47,955,488 $69,992,933 $71,151,601 % Difference Previous Yr 8.1% -6.6% 50.5% 38.4% 8.3% 29.3%YTD # of Listings Sold 107 223 449 688 965 1274 Previous Year # Sold 103 211 382 561 818 1074 % Difference Previous Yr 3.9% 5.7% 17.5% 22.6% 18.0% 18.6%Monthly Average Days on Market (ADOM) 139 124 132 115 94 105YTD ADOM 139 132 133 127 117 114 Previous Year ADOM 139 138 139 124 125 121 % Difference Previous Yr 0.0% -4.3% -4.3% 2.4% -6.4% -5.8%YTD $ Volume $28,931,518 $57,923,731 $122,994,176 $189,356,993 $265,134,998 $357,137,449 Previous Year YTD $ Volume $26,772,442 $57,796,747 $101,030,577 $148,986,065 $218,978,998 $290,130,559 % Difference Previous Yr 8.1% 0.2% 21.7% 27.1% 21.1% 23.1%

FT COLLINS RESIDENTIAL Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 YTDMonthly Active Listing Snapshot 1150 1075 1012 935 799 707 12100 Previous Year Active 1393 1310 1243 1132 995 924 14587 % Difference Previous Yr -17.4% -17.9% -18.6% -17.4% -19.7% -23.5% -17.0%Monthly # of Sold Listings 309 290 245 222 212 161 2713Monthly Median Sales Price $250,000 $258,156 $250,000 $245,000 $254,461 $244,000 $246,000 Previous Year Median $250,000 $236,000 $242,460 $234,845 $244,950 $235,000 $237,184 % Difference Previous Yr 0.0% 9.4% 3.1% 4.3% 3.9% 3.8% 3.7%Monthly $ Volume $87,012,464 $84,644,197 $71,031,040 $63,119,352 $59,845,084 $45,859,857 $768,649,443 Previous Year Monthly $ Volume $71,031,017 $62,459,068 $50,153,585 $46,983,726 $46,223,191 $46,737,295 $613,718,481 % Difference Previous Yr 22.5% 35.5% 41.6% 34.3% 29.5% -1.9% 25.2%YTD # of Listings Sold 1583 1873 2118 2340 2552 2713 2713 Previous Year # Sold 1333 1565 1743 1913 2079 2250 2250 % Difference Previous Yr 18.8% 19.7% 21.5% 22.3% 22.8% 20.6% 20.6%Monthly Average Days on Market (ADOM) 83 100 93 105 111 117 104YTD ADOM 105 104 103 103 104 104 104 Previous Year ADOM 118 115 115 116 116 116 166 % Difference Previous Yr -11.0% -9.6% -10.4% -11.2% -10.3% -10.3% -37.3%YTD $ Volume $444,149,913 $528,794,110 $599,825,150 $662,944,502 $722,789,586 $768,649,443 $768,649,443 Previous Year YTD $ Volume $361,161,616 $423,620,684 $473,774,269 $520,757,995 $566,981,186 $613,718,481 $613,718,481 % Difference Previous Yr 23.0% 24.8% 26.6% 27.3% 27.5% 25.2% 25.2%

FT COLLINS ATD DWELLING Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12Monthly Active Listing Snapshot 181 207 238 278 265 239 Previous Year Active 258 274 305 331 311 303 % Difference Previous Yr -29.8% -24.5% -22.0% -16.0% -14.8% -21.1%Monthly # of Sold Listings 39 22 50 43 73 90Monthly Median Sales Price $160,001 $154,500 $147,500 $137,900 $162,000 $145,750 Previous Year Median $164,000 $158,300 $140,000 $142,500 $156,500 $154,900 % Difference Previous Yr -2.4% -2.4% 5.4% -3.2% 3.5% -5.9%Monthly $ Volume $6,559,379 $3,170,000 $8,354,711 $6,680,246 $12,126,275 $14,507,823 Previous Year Monthly $ Volume $4,256,600 $5,535,878 $5,871,581 $8,504,181 $11,056,407 $10,537,660 % Difference Previous Yr 54.1% -42.7% 42.3% -21.4% 9.7% 37.7%YTD # of Listings Sold 39 61 111 154 227 317 Previous Year # Sold 24 61 102 157 228 293 % Difference Previous Yr 62.5% 0.0% 8.8% -1.9% -0.4% 8.2%Monthly Average Days on Market (ADOM) 144 145 91 86 79 80YTD ADOM 144 145 120 112 101 95 Previous Year ADOM 176 131 144 142 143 134 % Difference Previous Yr -18.2% 10.7% -16.7% -21.1% -29.4% -29.1%YTD $ Volume $6,559,379 $9,729,379 $18,084,090 $24,764,336 $36,890,611 $51,398,434 Previous Year YTD $ Volume $4,256,600 $9,792,478 $15,664,059 $24,168,240 $35,224,647 $45,762,307 % Difference Previous Yr 54.1% -0.6% 15.4% 2.5% 4.7% 12.3%FT COLLINS ATD DWELLING Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 YTDMonthly Active Listing Snapshot 203 176 169 153 145 120 2374 Previous Year Active 282 243 227 209 197 172 3112 % Difference Previous Yr -28.0% -27.6% -25.6% -26.8% -26.4% -30.2% -23.7%Monthly # of Sold Listings 80 83 56 49 48 48 681Monthly Median Sales Price $154,250 $145,000 $147,500 $165,200 $163,950 $167,500 $154,700 Previous Year Median $150,000 $156,500 $142,850 $132,000 $169,750 $154,900 $154,635 % Difference Previous Yr 2.8% -7.3% 3.3% 25.2% -3.4% 8.1% 0.0%Monthly $ Volume $12,561,650 $12,707,981 $8,868,507 $9,286,982 $8,192,462 $9,018,059 $112,034,075 Previous Year Monthly $ Volume $8,372,410 $11,343,173 $7,727,663 $5,694,706 $5,604,145 $6,059,492 $90,563,896 % Difference Previous Yr 50.0% 12.0% 14.8% 63.1% 46.2% 48.8% 23.7%YTD # of Listings Sold 397 480 536 585 633 681 681 Previous Year # Sold 348 420 470 511 544 583 583 % Difference Previous Yr 14.1% 14.3% 14.0% 14.5% 16.4% 16.8% 16.8%Monthly Average Days on Market (ADOM) 90 73 88 112 60 100 91YTD ADOM 95 91 91 92 90 91 91 Previous Year ADOM 134 127 123 122 122 123 123 % Difference Previous Yr -29.1% -28.3% -26.0% -24.6% -26.2% -26.0% -26.0%YTD $ Volume $63,960,084 $76,668,065 $85,536,572 $94,823,554 $103,016,016 $112,034,075 $112,034,075 Previous Year YTD $ Volume $54,134,717 $65,477,890 $73,205,553 $78,900,259 $84,504,404 $90,563,896 $90,563,896 % Difference Previous Yr 18.1% 17.1% 16.8% 20.2% 21.9% 23.7% 23.7%

Regional Snapshot 2012 - Fort Collins Residential Detached

Statistics refer to the Fort Collins area (IRES Area 9), single family, detached properties and excludes mobile homes and timeshares. ADOM refers to Average Days on Market, which is calculated from the list date to the "Pending" or "Under Contract" date. To Be Builts & Under Construction are excluded from active results as of 3/2012.

Regional Snapshot 2012 - Fort Collins Attached Dwelling

Statistics refer to the Fort Collins area (IRES Area 9), Attached Dwelling properties and excludes mobile homes and timeshares. ADOM refers to Average Days on Market, which is calculated from the list date to the "Pending" or "Under Contract" date. To Be Builts & Under Construction are excluded from active results as of 3/2012.

Key Metrics 2011 2012Percent Change

from Previous Year Thru Q4-2011 Thru Q4-2012Percent Change

from Previous Year

New Listings 480 604 + 25.8% 3,362 3,755 + 11.7%

Closed Sales 517 646 + 25.0% 2,499 3,041 + 21.7%

Median Sales Price* $218,000 $234,900 + 7.8% $218,000 $230,000 + 5.5%

Average Sales Price* $257,340 $267,044 + 3.8% $253,772 $260,768 + 2.8%

Percent of List Price Received* 97.7% 98.3% + 0.6% 97.7% 98.3% + 0.6%

Days on Market Until Sale 112 92 - 17.9% 109 93 - 14.7%

Inventory of Homes for Sale 671 669 - 0.3% -- -- --

Months Supply of Inventory 3.2 2.6 - 18.8% -- -- --

* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Quarter 4

Local Market Update for Quarter 4-2012A Research Tool Provided by the Colorado Association of REALTORS®

Fort Collins

Quarter 4 Year to Date

2011 2012

Fort Collins —


Entire MLS —

480

604

New Listings

$210,000

$215,000

$220,000

$225,000

$230,000

$235,000

Q1-2009 Q1-2010 Q1-2011 Q1-2012

Historical Median Sales Price Rolling 12-Month Calculation

+ 25.8%

97.7% 98.3%

Pct. of List Price Received+ 0.6%

3.2

2.6

Months Supply

2011 2012

- 18.8%

517

646

Closed Sales+ 25.0%




from Previous Year

New Listings 308 334 + 8.4% 1,787 2,002 + 12.0%

Closed Sales 278 387 + 39.2% 1,242 1,503 + 21.0%





Inventory of Homes for Sale 465 475 + 2.2% -- -- --

Months Supply of Inventory 4.5 3.8 - 15.6% -- -- --


Quarter 4


Loveland


2011 2012

Loveland —


Entire MLS —

308334

New Listings

$180,000

$190,000

$200,000

$210,000

$220,000

$230,000

Q1-2009 Q1-2010 Q1-2011 Q1-2012


+ 8.4%

98.0% 98.6%


4.53.8

Months Supply

2011 2012

- 15.6%

278

387

Closed Sales+ 39.2%




from Previous Year

New Listings 264 314 + 18.9% 1,593 1,611 + 1.1%

Closed Sales 284 313 + 10.2% 1,209 1,231 + 1.8%





Inventory of Homes for Sale 338 367 + 8.6% -- -- --

Months Supply of Inventory 3.4 3.6 + 5.9% -- -- --


Quarter 4


Greeley


2011 2012

Greeley —


Entire MLS —

264314

New Listings

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

Q1-2009 Q1-2010 Q1-2011 Q1-2012


+ 18.9%

97.5% 98.2%


3.4 3.6

Months Supply

2011 2012

+ 5.9%

284313

Closed Sales+ 10.2%


January 2013 NoCo Market Report

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Transcript of January 2013 NoCo Market Report