Vail Valley Feb 2015 Real Estate Statistics

Vail Valley / Eagle County

Market Report

February 2015

February 2015 Monthly Snapshot

One-Year Change in One-Year Change in

Closed Sales All Properties

Active ListingsAll Properties

23456789

10111213141516

Monthly Indicators

- 3.3% - 6.4% - 13.3%One-Year Change in

There has been talk of abundant cold and snow this winter (unless you happen to live in California!). When weather patterns turn bad, like wicked bad, real estate industry pundits tend to go gloom, assuming that Americans hungry for homeownership are bothered by a little frozen precipitation. The nation will unfreeze, inventory is expected to rise and home sales are widely expected to increase. These are good times, indeed, and many of us now have an enchanting shared experience that we can walk uphill to school both ways.

New Listings were up 20.0 percent for single family/duplex homes but decreased 14.8 percent for townhouse-condo properties. Pending Sales decreased 2.6 percent for single family/duplex homes and 4.3 percent for townhouse-condo properties.

The Median Sales Price was up 28.3 percent to $1,121,250 for single family/duplex homes but decreased 23.7 percent to $808,750 for townhouse-condo properties. Months Supply of Inventory increased 2.0 percent for single family/duplex units but decreased 21.7 percent for townhouse-condo units.

In national financial news, rumors that Fannie Mae and Freddie Mac could one day be a thing of the past have people wondering about the future of the 30-year fixed-rate mortgage. But let's not sound the alarm just yet. A drastic change to lending's gold standard is certainly not on the immediate horizon. Meanwhile, Federal Reserve Chair Janet Yellen seems to have no immediate interest in raising interest rates for the first time since 2006. The economy remains stable, which should keep housing rolling through the short-named months.

Median Sales PriceAll Properties

Residential real estate activity in Vail Board of REALTORS® MLS, comprised of single-family properties, townhomes and condominiums.. Percent changes are calculated using rounded figures.

Single Family/Duplex Activity Overview

Closed Sales and Inventory by Price Range

Current as of March 6, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Townhouse-Condo Activity Overview

Days on Market Until SaleHousing Affordability IndexInventory of Active ListingsMonths Supply of InventoryAll Properties Activity Overview

New ListingsPending SalesClosed SalesMedian Sales PriceAverage Sales PricePercent of List Price Received

Glossary of Terms

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Single Family/Duplex Activity Overview

Key Metrics Historical Sparkbars 2-2014 2-2015 Percent Change YTD 2014 YTD 2015 Percent Change

`

Key metrics for Single Family properties by report month and for year-to-date (YTD) starting from the first of the year.

New Listings 35 42 + 20.0% 114 + 23.9%

Pending Sales 38 37 - 2.6% 76 80 + 5.3%

92

- 9.1%

Median Sales Price $873,750 $1,121,250 + 28.3% $750,000 $948,125 + 26.4%

Closed Sales 30 27 - 10.0% 55 50

+ 48.5%

Pct. of List Price Received 94.2% 95.8% + 1.7% 95.0% 94.4% - 0.6%

Avg. Sales Price $1,098,540 $1,558,564 + 41.9% $1,147,144 $1,703,410

+ 12.5%

Affordability Index 38 32 - 15.8% 45 38 - 15.6%

Days on Market 239 261 + 9.2% 200 225

Current as of March 6, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing. | 2

--

Months Supply 9.8 10.0 + 2.0% -- -- --

Active Listings 442 426 - 3.6% -- --

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

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Townhouse-Condo Activity Overview


--


Months Supply 10.6 8.3 - 21.7% -- --

+ 5.1%

Active Listings 481 439 - 8.7% -- -- --

Affordability Index 32 44 + 37.5% 39 41

+ 1.3%

Days on Market 192 210 + 9.4% 197 186 - 5.6%

Pct. of List Price Received 93.9% 95.3% + 1.5% 94.1% 95.3%

$1,219,209 - 8.1%

Median Sales Price $1,060,000 $808,750 - 23.7% $857,500 $862,500

Avg. Sales Price $1,246,674 $1,159,522 - 7.0% $1,325,980

70 + 16.7%

+ 0.6%

Closed Sales 31 32 + 3.2% 60

118 + 10.3%

Pending Sales 46 44 - 4.3% 94 86 - 8.5%

107

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

New Listings 54 46 - 14.8%

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

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New Listings

New ListingsSingle

Family/DuplexYear-Over-Year

ChangeTownhouse-

CondoYear-Over-Year

Change

Mar-2014 67 +19.6% 72 +16.1%

Apr-2014 77 +18.5% 72 +56.5%

May-2014 99 +13.8% 87 +20.8%

Jun-2014 141 -2.8% 110 -5.2%

Jul-2014 89 -28.8% 89 -5.3%

Aug-2014 79 +11.3% 52 -33.3%

Sep-2014 52 -5.5% 55 +17.0%

Oct-2014 61 -1.6% 64 +25.5%

Nov-2014 48 +20.0% 57 +18.8%

Dec-2014 40 +25.0% 103 +56.1%

Jan-2015 72 +26.3% 72 +35.8%

Feb-2015 42 +20.0% 46 -14.8%

12-Month Avg 72 +4.5% 73 +11.7%

Historical New Listings by Month


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

68

55

35

54

4246

Single Family/Duplex Townhouse-Condo

February

25

50

75

100

125

150

175

200

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


119109

92

107114 118


Year to Date

2013 2014 2015

- 14.8%- 1.8%+ 20.0%- 48.5% - 1.8%+ 23.9%- 22.7% + 10.3%

2013 2014 2015 2013 2014 2015 2013 2014 2015

+ 33.3% - 3.3% - 31.9%- 32.9%

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Pending Sales

Pending SalesSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Mar-2014 49 -19.7% 48 +2.1%

Apr-2014 42 -14.3% 70 +79.5%

May-2014 36 +24.1% 34 -33.3%

Jun-2014 43 -8.5% 39 +11.4%

Jul-2014 59 +22.9% 70 +7.7%

Aug-2014 54 -20.6% 84 +33.3%

Sep-2014 51 0.0% 69 +4.5%

Oct-2014 49 +32.4% 52 +15.6%

Nov-2014 34 -5.6% 36 +24.1%

Dec-2014 21 -4.5% 46 +53.3%

Jan-2015 43 +13.2% 42 -12.5%

Feb-2015 37 -2.6% 44 -4.3%

12-Month Avg 43 -1.1% 53 +12.4%

Historical Pending Sales by Month

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


41

3538

46

37

44


February

20

30

40

50

60

70

80

90

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


817676

94

8086


Year to Date

2013 2014 2015

- 4.3%+ 31.4%- 2.6%- 7.3% + 23.7%+ 5.3%- 6.2% - 8.5%

2013 2014 2015 2013 2014 2015 2013 2014 2015

+ 24.2% + 9.5% - 18.3%- 20.5%

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Closed Sales

Closed SalesSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Mar-2014 28 -20.0% 51 +45.7%

Apr-2014 47 -7.8% 50 +22.0%

May-2014 45 -21.1% 57 +11.8%

Jun-2014 46 +12.2% 43 +10.3%

Jul-2014 44 -6.4% 49 +19.5%

Aug-2014 51 -13.6% 60 -7.7%

Sep-2014 54 0.0% 78 +30.0%

Oct-2014 55 -3.5% 78 +9.9%

Nov-2014 42 +5.0% 45 +7.1%

Dec-2014 49 +11.4% 55 +41.0%

Jan-2015 23 -8.0% 38 +31.0%

Feb-2015 27 -10.0% 32 +3.2%

12-Month Avg 43 -5.4% 53 +16.9%

Historical Closed Sales by Month

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


36

3230 31

27

32


February

10

20

30

40

50

60

70

80

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


5963

5560

50

70


Year to Date

2013 2014 2015

+ 3.2%- 3.1%- 10.0%- 16.7% - 4.8%- 9.1%- 6.8% + 16.7%

2013 2014 2015 2013 2014 2015 2013 2014 2015

+ 24.1% + 5.4% - 7.4%- 11.1%

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Median Sales Price

Median Sales PriceSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Mar-2014 $761,000 +5.0% $585,000 +14.3%

Apr-2014 $744,000 +31.7% $757,500 +14.8%

May-2014 $585,000 +3.7% $500,000 +51.5%

Jun-2014 $535,500 +19.5% $362,500 +17.9%

Jul-2014 $557,500 +4.2% $427,000 +1.1%

Aug-2014 $455,000 0.0% $447,000 -0.7%

Sep-2014 $772,000 -1.0% $375,000 -9.3%

Oct-2014 $713,890 +0.5% $452,500 +0.6%

Nov-2014 $722,500 -4.4% $415,000 -4.6%

Dec-2014 $775,000 +27.6% $635,000 +49.3%

Jan-2015 $926,250 +70.0% $975,250 +17.5%

Feb-2015 $1,121,250 +28.3% $808,750 -23.7%

12-Month Avg* $679,000 +11.5% $496,000 +11.1%

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 March 2014 through February 2015. This is not the average of the individual figures above.


$736,500

$384,000

$873,750

$1,060,000$1,121,250

$808,750


February

$250,000

$500,000

$750,000

$1,000,000

$1,250,000

$1,500,000

$1,750,000

$2,000,000

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


$625,000

$390,000

$750,000

$857,500

$948,125

$862,500


Year to Date

2013 2014 2015

- 23.7%+ 176.0%+ 28.3%+ 18.6% + 119.9%+ 26.4%+ 20.0% + 0.6%

2013 2014 2015 2013 2014 2015 2013 2014 2015

+ 36.4% + 9.9% - 4.9%- 0.9%

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Average Sales Price

Avg. Sales PriceSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Mar-2014 $1,482,573 +70.7% $849,114 -8.4%

Apr-2014 $2,160,310 +151.9% $1,516,715 +58.5%

May-2014 $1,239,178 +8.4% $1,115,528 +78.2%

Jun-2014 $1,048,943 +32.0% $727,651 +38.9%

Jul-2014 $848,849 -2.5% $906,673 +56.1%

Aug-2014 $745,265 +26.8% $540,089 -40.7%

Sep-2014 $1,640,748 +17.5% $755,788 -12.8%

Oct-2014 $1,173,243 -12.8% $944,467 +30.8%

Nov-2014 $1,057,551 -27.5% $785,523 -22.8%

Dec-2014 $2,071,922 +62.7% $1,087,566 +23.7%

Jan-2015 $1,873,446 +55.4% $1,269,471 -10.0%

Feb-2015 $1,558,564 +41.9% $1,159,522 -7.0%

12-Month Avg* $1,382,895 +29.4% $949,648 +10.7%

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 March 2014 through February 2015. This is not the average of the individual figures above.


$1,513,347

$935,489

$1,098,540

$1,246,674

$1,558,564

$1,159,522


February

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

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


$1,177,475

$796,095

$1,147,144

$1,325,980

$1,703,410

$1,219,209


Year to Date

2013 2014 2015

- 7.0%+ 33.3%+ 41.9%- 27.4% + 66.6%+ 48.5%- 2.6% - 8.1%

2013 2014 2015 2013 2014 2015 2013 2014 2015

+ 40.3% + 1.4% - 32.0%- 4.8%

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Percent of List Price Received

Pct. of List Price Received

SingleFamily/Duplex

Year-Over-YearChange

Townhouse-Condo

Year-Over-YearChange

Mar-2014 96.2% -0.3% 94.9% -0.1%

Apr-2014 95.0% +0.8% 93.4% -1.0%

May-2014 96.4% -0.6% 95.5% +0.2%

Jun-2014 95.9% +0.3% 95.8% +0.6%

Jul-2014 95.4% +0.3% 96.3% +1.6%

Aug-2014 96.2% -0.8% 96.4% +2.6%

Sep-2014 94.0% -1.2% 96.2% +2.0%

Oct-2014 95.7% +0.2% 95.6% +1.6%

Nov-2014 95.7% +0.2% 94.9% -0.4%

Dec-2014 94.5% -0.4% 95.1% -0.8%

Jan-2015 92.9% -3.1% 95.3% +1.2%

Feb-2015 95.8% +1.7% 95.3% +1.5%

12-Month Avg* 95.3% -0.3% 95.5% +0.9%

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 March 2014 through February 2015. This is not the average of the individual figures above.


93.5% 95.4%94.2% 93.9%95.8% 95.3%


February

70.0%

75.0%

80.0%

85.0%

90.0%

95.0%

100.0%

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


94.7% 95.5%95.0% 94.1%94.4% 95.3%


Year to Date

2013 2014 2015

+ 1.5%- 1.6%+ 1.7%+ 0.7% - 1.5%- 0.6%+ 0.3% + 1.3%

2013 2014 2015 2013 2014 2015 2013 2014 2015

- 0.8% + 0.2% + 2.4%+ 1.7%

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Days on Market Until Sale

Days on MarketSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Mar-2014 180 +119.5% 341 +11.8%

Apr-2014 206 -7.2% 248 +6.0%

May-2014 200 +20.5% 162 -4.7%

Jun-2014 116 +9.4% 173 -16.8%

Jul-2014 110 -19.1% 141 -32.5%

Aug-2014 110 -2.7% 129 -45.1%

Sep-2014 190 -26.1% 174 -5.9%

Oct-2014 152 +8.6% 163 -19.7%

Nov-2014 125 -30.9% 156 -26.8%

Dec-2014 198 +44.5% 207 -25.3%

Jan-2015 182 +19.7% 166 -18.2%

Feb-2015 261 +9.2% 210 +9.4%

12-Month Avg* 161 +2.2% 217 -13.9%

Historical Days on Market Until Sale by Month

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

* Days on Market for all properties from March 2014 through February 2015. This is not the average of the individual figures above.


195

156

239

192

261

210


February

0

100

200

300

400

500

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


192

154

200 197

225

186


Year to Date

2013 2014 2015

+ 9.4%+ 23.1%+ 9.2%+ 22.6% + 27.9%+ 12.5%+ 4.2% - 5.6%2013 2014 2015 2013 2014 2015 2013 2014 2015

- 27.2% - 17.6% - 21.4%- 11.4%

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Housing Affordability Index

Affordability IndexSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Mar-2014 44 -10.2% 57 -18.6%

Apr-2014 45 -29.7% 44 -20.0%

May-2014 59 -4.8% 69 -34.9%

Jun-2014 64 -13.5% 95 -12.0%

Jul-2014 61 -1.6% 80 +1.3%

Aug-2014 75 +4.2% 77 +5.5%

Sep-2014 44 +2.3% 91 +12.3%

Oct-2014 48 +2.1% 76 +2.7%

Nov-2014 48 +2.1% 84 +3.7%

Dec-2014 45 -19.6% 55 -30.4%

Jan-2015 38 -37.7% 36 -10.0%

Feb-2015 32 -15.8% 44 +37.5%

12-Month Avg* 50 -43.1% 56 -39.8%

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.

* Affordability Index for all properties from March 2014 through February 2015. This is not the average of the individual figures above.


49

93

383232

44


February

0

20

40

60

80

100

120

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


2013 2014 2015

+ 37.5%- 65.6%- 15.8%- 22.4%2013 2014 2015

- 24.6% + 2.2%

57

92

453938

41


Year to Date

+ 5.1%- 57.6%- 15.6%- 21.1%- 8.1% + 7.0%2013 2014 2015 2013 2014 2015

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Inventory of Active Listings

Active ListingsSingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Mar-2014 447 -3.0% 492 -14.6%

Apr-2014 451 -0.7% 458 -13.9%

May-2014 493 +4.7% 484 -8.5%

Jun-2014 555 +1.8% 530 -9.4%

Jul-2014 567 -5.3% 535 -10.8%

Aug-2014 573 -0.3% 478 -19.0%

Sep-2014 521 -3.3% 424 -21.5%

Oct-2014 481 -9.4% 408 -19.0%

Nov-2014 458 -8.8% 403 -18.9%

Dec-2014 427 -8.6% 431 -12.4%

Jan-2015 439 -4.6% 448 -7.8%

Feb-2015 426 -3.6% 439 -8.7%

12-Month Avg 487 -3.4% 461 -13.8%

Historical Inventory of Active Listings by Month

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


486

579

442481

426 439


February

400

500

600

700

800

900

1,000

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


2013 2014 2015- 8.7%- 16.9%- 3.6%- 9.1%

2013 2014 2015

- 22.6% - 25.9%

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Months Supply of Inventory

Months SupplySingle


ChangeTownhouse-

CondoYear-Over-Year

Change

Mar-2014 10.1 +7.4% 10.5 -13.2%

Apr-2014 10.2 +13.3% 9.7 -14.9%

May-2014 11.4 +20.0% 10.1 -8.2%

Jun-2014 12.8 +16.4% 11.0 -10.6%

Jul-2014 13.1 +10.1% 10.9 -13.5%

Aug-2014 13.5 +18.4% 9.9 -20.2%

Sep-2014 12.2 +9.9% 8.5 -26.1%

Oct-2014 11.3 +1.8% 8.1 -25.0%

Nov-2014 10.8 -0.9% 7.9 -26.2%

Dec-2014 9.9 -3.9% 8.3 -23.1%

Jan-2015 10.2 +1.0% 8.5 -20.6%

Feb-2015 10.0 +2.0% 8.3 -21.7%

12-Month Avg 11.3 +8.0% 9.3 -18.5%

Historical Months Supply of Inventory by Month

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.

* Months Supply for all properties from March 2014 through February 2015. This is not the average of the individual figures above.


10.0

11.9

9.810.6

10.0

8.3


February

0.0

10.0

20.0

30.0

40.0

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


2013 2014 2015- 21.7%- 10.9%+ 2.0%- 2.0%

2013 2014 2015

- 44.4% - 40.2%

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All Properties Activity Overview


--


Months Supply 10.2 9.0 - 11.8% -- --

- 4.6%

Active Listings 924 865 - 6.4% -- -- --

Affordability Index 36 44 + 22.7% 41 40

+ 0.5%

Days on Market 215 233 + 8.4% 198 202 + 2.0%

Pct. of List Price Received 94.1% 95.5% + 1.5% 94.5% 95.0%

$1,420,959 + 14.6%

Median Sales Price $940,000 $815,000 - 13.3% $807,500 $900,625

Avg. Sales Price $1,173,821 $1,342,134 + 14.3% $1,240,450

120 + 4.3%

+ 11.5%

Closed Sales 61 59 - 3.3% 115

232 + 16.6%

Pending Sales 84 81 - 3.6% 170 166 - 2.4%

199

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

New Listings 89 88 - 1.1%

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

2-2012 2-2013 2-2014 2-2015

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Closed Sales

By Price Range 2-2014 2-2015 Change 2-2014 2-2015 Change 1-2015 2-2015 Change 1-2015 2-2015 Change YTD 2013 YTD 2014 Change YTD 2013 YTD 2014 Change$299,999 and Below 100 63 - 37.0% 141 144 + 2.1% 3 5 + 66.7% 4 4 0.0% 12 8 - 33.3% 6 8 + 33.3%$300,000 to $599,999 166 167 + 0.6% 186 223 + 19.9% 3 5 + 66.7% 9 7 - 22.2% 12 8 - 33.3% 17 16 - 5.9%$600,000 to $999,999 115 114 - 0.9% 94 101 + 7.4% 7 3 - 57.1% 6 9 + 50.0% 11 10 - 9.1% 10 15 + 50.0%$1,000,000 to $1,499,999 60 42 - 30.0% 47 60 + 27.7% 2 2 0.0% 5 3 - 40.0% 11 4 - 63.6% 7 8 + 14.3%$1,500,00 to $1,999,999 35 35 0.0% 27 32 + 18.5% 2 5 + 150.0% 4 6 + 50.0% 2 7 + 250.0% 7 10 + 42.9%$2,000,000 to $2,499,999 15 19 + 26.7% 12 26 + 116.7% 0 2 -- 7 1 - 85.7% 1 2 + 100.0% 4 8 + 100.0%$2,500,000 to $4,999,999 35 47 + 34.3% 25 37 + 48.0% 3 4 + 33.3% 3 1 - 66.7% 5 7 + 40.0% 8 4 - 50.0%$5,000,000 to $9,999,999 12 19 + 58.3% 12 13 + 8.3% 3 1 - 66.7% 0 1 -- 0 4 -- 1 1 0.0%$10,000,000 and Above 2 5 + 150.0% 0 0 -- 0 0 -- 0 0 -- 1 0 - 100.0% 0 0 --All Price Ranges 540 511 - 5.4% 544 636 + 16.9% 23 27 + 17.4% 38 32 - 15.8% 55 50 - 9.1% 60 70 + 16.7%


By Price Range 2-2014 2-2015 Change 2-2014 2-2015 Change 1-2015 2-2015 Change 1-2015 2-2015 Change$299,999 and Below 23 16 - 30.4% 30 21 - 30.0% 22 16 - 27.3% 19 21 + 10.5%$300,000 to $599,999 44 39 - 11.4% 102 86 - 15.7% 51 39 - 23.5% 90 86 - 4.4%$600,000 to $999,999 75 66 - 12.0% 91 91 0.0% 64 66 + 3.1% 98 91 - 7.1%$1,000,000 to $1,499,999 47 54 + 14.9% 64 66 + 3.1% 52 54 + 3.8% 67 66 - 1.5%$1,500,00 to $1,999,999 55 52 - 5.5% 42 48 + 14.3% 54 52 - 3.7% 48 48 0.0%$2,000,000 to $2,499,999 33 28 - 15.2% 29 25 - 13.8% 24 28 + 16.7% 24 25 + 4.2%$2,500,000 to $4,999,999 92 95 + 3.3% 76 52 - 31.6% 96 95 - 1.0% 52 52 0.0%$5,000,000 to $9,999,999 50 51 + 2.0% 40 40 0.0% 49 51 + 4.1% 42 40 - 4.8%$10,000,000 and Above 23 25 + 8.7% 7 10 + 42.9% 27 25 - 7.4% 8 10 + 25.0%All Price Ranges 442 426 - 3.6% 481 439 - 8.7% 439 426 - 3.0% 448 439 - 2.0%


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

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.

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

242352

209107 62 27 60 24 2

207

390215

102 67 45 84 32 5

< $300K $300K to $599K $600K to $999K $1.0M to $1.4M $1.5M to $1.9M $2.0M to $2.5M $2.5M to $4.9M $5.0M to $9.9M $10.0M+

By Price Range – All Properties – Rolling 12 Months 2-2014 2-2015

- 14.5%

540 5441,085

511 6361,147

Singe Family Townhouse-Condo All Properties

By Property Type 2-2014 2-2015

+ 10.8% + 2.9% - 4.7% + 8.1% + 66.7% + 40.0% + 33.3% + 150.0% - 5.4% + 16.9% + 5.7%

53

147 166111 97

62

168

903037

125157

120 10053

14791

35

< $300K $300K to $599K $600K to $999K $1.0M to $1.4M $1.5M to $1.9M $2.0M to $2.5M $2.5M to $4.9M $5.0M to $9.9M $10.0M+

By Price Range – All Properties 2-2014 2-2015

- 30.2%

442 481

924

426 439

865

Singe Family Townhouse-Condo All Properties

By Property Type 2-2014 2-2015

- 15.0% - 5.4% + 8.1% + 3.1% - 14.5% - 12.5% + 1.1% + 16.7% - 3.6% - 8.7% - 6.4%

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Glossary of Terms

New Listings

Pending Sales

Closed Sales

Median Sales Price

Average Sales Price

Percent of List Price Received

Days on Market Until Sale

Housing Affordability Index


Months Supply of Inventory


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 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 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.

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Vail Valley Feb 2015 Real Estate Statistics

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Transcript of Vail Valley Feb 2015 Real Estate Statistics