Monthly Indicators % % %

(1)

February 2021

Activity Snapshot

Percent changes calculated using year-over-year compairisons.

One-Year Change in One-Year Change in

Sold Listings All Properties

Median Sales Price All Propterties

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16 Townhouse-Condo Market Overview

Percent of List Price Received

Days on Market Until Sale

Housing Affordability Index

Inventory of Active Listings

Total Market Overview

New Listings

Pending Sales

Sold Listings

Median Sales Price

Average Sales Price

Closed Sales and Inventory by Price Range

Glossary of Terms

Monthly Indicators

+ 41.4%

+ 63.6%

- 63.7%

One-Year Change in

New Listings were up 157.9 percent for single family homes but decreased 15.4

percent for townhouse-condo properties. Pending Sales increased 125.0

percent for single family homes and 155.6 percent for townhouse-condo

properties.

The Median Sales Price was up 67.0 percent to $885,000 for single family

homes and 42.0 percent to $504,000 for townhouse-condo properties. Days on

Market decreased 27.1 percent for single family homes and 21.4 percent for

townhouse-condo properties.

For homeowners currently struggling due to COVID-19, government agencies

are continuing efforts to help those in need. The Federal Housing Finance

Agency announced they will allow homeowners with loans backed by Fannie

Mae and Freddie Mac to receive an additional three months of forbearance,

extending total payment relief to up to 18 months. Qualified homeowners must

already be in a forbearance plan as of the end of February.

Active Listings All Properties

Residential real estate activity in the Gunnison-Crested Butte Association of REALTORS® service area composed of single-family properties, townhomes and condominiums. Percent changes are calculated using rounded figures.

Single Family Market Overview

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Single Family Market Overview

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

Key Metrics

Historical Sparkbars

2-2020

2-2021

Percent Change

YTD 2020 YTD 2021

Percent Change

+ 72.5%

69

40 + 60.0%

$767,500

+ 44.8%

+ 69.4%

Pending Sales

16

36 + 125.0%

45

59 + 31.1%

New Listings

19

49 + 157.9%

40 Sold Listings

11

16 + 45.5%

25 Median Sales Price

$529,985

$885,000

+ 67.0%

$529,985

96.7%

+ 2.0%

$1,037,565

142 - 26.8%

Pct. of List Price Received

95.4%

97.4%

+ 2.1%

94.8%

Average Sales Price

$613,590 $1,160,200 + 89.1%

$612,527

Days on Market

210

153 - 27.1%

194 Housing Affordability Index

72

43 - 40.3%

72 --49

- 31.9%

----

--Active Listings

248

87 - 64.9%

--Months Supply

11.5

2.6 - 77.4%

1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021

(3)

Townhouse-Condo Market Overview

Key Metrics

Historical Sparkbars

2-2020

2-2021

Percent Change

YTD 2020 YTD 2021

Percent Change

0.0%

Pending Sales

9

23 + 155.6%

24

66 + 175.0%

New Listings

26

22 - 15.4%

42

42 Sold Listings

18

25 + 38.9%

29

43 + 48.3%

Median Sales Price

$355,000

$504,000

+ 42.0%

$338,000

$417,500

+ 23.5%

+ 18.6%

97.1%

- 0.8%

$510,716

180 + 25.0%

Pct. of List Price Received

97.7%

97.2%

- 0.5%

97.9%

Average Sales Price

$472,662

$566,352

+ 19.8%

$430,568

Days on Market

168

132 - 21.4%

144 Housing Affordability Index

107

75 - 29.9%

112 --91

- 18.8%

----

--Active Listings

123

47 - 61.8%

--Months Supply

7.7

2.2 - 71.4%

1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021

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New Listings

New Listings Single Family Percent Change from Previous Year Townhouse-Condo Percent Change from Previous Year Mar-2020 25 -10.7% 23 -11.5% Apr-2020 21 -38.2% 14 -22.2% May-2020 62 -23.5% 21 -16.0% Jun-2020 70 -24.7% 45 +60.7% Jul-2020 55 -16.7% 40 +48.1% Aug-2020 56 +43.6% 31 +34.8% Sep-2020 32 +23.1% 34 +70.0% Oct-2020 42 +75.0% 10 -54.5% Nov-2020 21 +40.0% 28 +64.7% Dec-2020 16 -20.0% 20 +42.9% Jan-2021 20 -4.8% 20 +25.0% Feb-2021 49 +157.9% 22 -15.4%

Historical New Listings by Month

14

20

19

26

49

22

Single Family Townhouse-Condo

February

0 20 40 60 80 100 120 140 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021

Single Family Townhouse-Condo

39

36

40

42

69

42 Year to Date

- 15.4% + 30.0% + 157.9% + 35.7% + 2.6% + 72.5% + 16.7% 0.0% - 56.3% - 39.4% - 29.1% - 28.0% Feb-21 Feb-20 Feb-21

Feb-20 Feb-20 Feb-21 Feb-20 Feb-21

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Pending Sales

Pending Sales Single Family Percent Change from Previous Year Townhouse-Condo Percent Change from Previous Year Mar-2020 12 -33.3% 4 -81.8% Apr-2020 5 -76.2% 6 -78.6% May-2020 31 +34.8% 7 -41.7% Jun-2020 44 +100.0% 26 +116.7% Jul-2020 60 +39.5% 32 +45.5% Aug-2020 72 +132.3% 52 +300.0% Sep-2020 46 +76.9% 34 +112.5% Oct-2020 47 +147.4% 23 +9.5% Nov-2020 30 +114.3% 26 +271.4% Dec-2020 16 +23.1% 16 0.0% Jan-2021 23 -20.7% 43 +186.7% Feb-2021 36 +125.0% 23 +155.6%

Historical Pending Sales by Month

13

14

16

9

36

23 February

0 20 40 60 80 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021

28

19

45

24

59

66 Year to Date

+ 155.6% - 35.7% + 125.0% + 23.1% + 60.7% + 31.1% + 26.3% + 175.0% - 35.0% - 17.6% - 24.3% - 36.7% Feb-21 Feb-20 Feb-21

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Sold Listings

Sold Listings Single Family Percent Change from Previous Year Townhouse-Condo Percent Change from Previous Year Mar-2020 27 +35.0% 12 +9.1% Apr-2020 16 +77.8% 5 -68.8% May-2020 7 -66.7% 2 -92.9% Jun-2020 25 +4.2% 10 -54.5% Jul-2020 38 +72.7% 17 +6.3% Aug-2020 43 +30.3% 27 +80.0% Sep-2020 65 +103.1% 42 +250.0% Oct-2020 49 +58.1% 45 +200.0% Nov-2020 45 +150.0% 24 +41.2% Dec-2020 47 +95.8% 29 +163.6% Jan-2021 24 +71.4% 18 +63.6% Feb-2021 16 +45.5% 25 +38.9%

Historical Sold Listings by Month

15

8

11

18

16

25 February

0 10 20 30 40 50 60 70 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021

32

11

25

29

40

43 Year to Date

+ 38.9% + 125.0% + 45.5% - 26.7% - 21.9% + 60.0% + 163.6% + 48.3% + 25.0% - 50.0% + 60.0% - 54.2% Feb-21 Feb-20 Feb-21

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Median Sales Price

Median Sales Price Single Family Percent Change from Previous Year Townhouse-Condo Percent Change from Previous Year Mar-2020 $440,000 -7.9% $373,500 +28.8% Apr-2020 $523,128 -16.3% $325,000 +0.3% May-2020 $405,000 -42.1% $612,500 +42.6% Jun-2020 $625,000 +35.9% $319,000 +2.4% Jul-2020 $448,250 +4.9% $300,000 -2.4% Aug-2020 $720,000 +86.0% $362,500 -10.5% Sep-2020 $620,000 +13.9% $445,750 +6.0% Oct-2020 $707,500 +68.5% $475,000 -3.1% Nov-2020 $878,000 +75.6% $447,500 -18.5% Dec-2020 $781,600 +46.1% $359,900 -10.0% Jan-2021 $709,950 +37.2% $365,000 +12.3% Feb-2021 $885,000 +67.0% $504,000 +42.0%

Historical Median Sales Price by Month

* Median Sales Price for all properties from March 2020 through February 2021. This is not the average of the individual figures above.

$430,000 $320,500 $529,985 $355,000 $885,000 $504,000

February

$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021

$428,500 $341,000 $529,985 $338,000 $767,500 $417,500

Year to Date

+ 42.0% + 10.8% + 67.0% + 23.3% + 23.7% + 44.8% - 0.9% + 23.5% - 31.2% + 25.3% - 15.2% + 23.8% Feb-21 Feb-20 Feb-21

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Average Sales Price

Avg. Sales Price

Single Family Percent Change from Previous Year Townhouse-Condo Percent Change from Previous Year Mar-2020 $885,087 +40.9% $440,167 +24.8% Apr-2020 $607,000 -18.3% $537,500 +15.8% May-2020 $653,286 -11.7% $612,500 +49.2% Jun-2020 $878,980 +2.2% $314,408 -22.5% Jul-2020 $564,908 +1.1% $343,279 +8.9% Aug-2020 $886,956 +20.0% $452,437 -4.5% Sep-2020 $883,536 +29.4% $503,873 +12.4% Oct-2020 $973,024 +21.8% $657,491 +50.2% Nov-2020 $1,221,323 +39.5% $510,708 -5.9% Dec-2020 $1,118,735 +0.8% $418,996 -4.9% Jan-2021 $955,808 +56.3% $433,444 +19.8% Feb-2021 $1,160,200 +89.1% $566,352 +19.8%

Historical Average Sales Price by Month

* Avg. Sales Price for all properties from March 2020 through February 2021. This is not the average of the individual figures above.

$610,200 $312,625 $613,590 $472,662 $1,160,200 $566,352

February

$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021

$598,325 $406,727 $612,527 $430,568 $1,037,565 $510,716

Year to Date

+ 19.8% + 51.2% + 89.1% + 0.6% + 2.4% + 69.4% + 5.9% + 18.6% - 28.0% + 11.9% - 15.8% + 33.7% Feb-21 Feb-20 Feb-21

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Percent of List Price Received

Pct. of List Price Received Single Family Percent Change from Previous Year Townhouse-Condo Percent Change from Previous Year Mar-2020 93.4% -2.2% 97.3% +0.9% Apr-2020 96.0% +0.5% 94.9% -3.9% May-2020 96.6% -0.1% 100.0% +1.9% Jun-2020 94.4% -0.5% 96.4% -1.8% Jul-2020 94.5% -0.2% 98.0% +1.6% Aug-2020 95.8% +1.1% 97.2% +0.7% Sep-2020 97.3% +0.5% 97.6% +0.6% Oct-2020 96.0% +1.4% 98.0% +0.9% Nov-2020 96.4% +0.6% 99.1% +1.7% Dec-2020 95.1% -0.3% 97.1% +1.9% Jan-2021 96.3% +2.1% 97.0% -1.2% Feb-2021 97.4% +2.1% 97.2% -0.5%

Historical Percent of List Price Received by Month

* Pct. of List Price Received for all properties from March 2020 through February 2021. This is not the average of the individual figures above.

97.1%

92.8%

95.4% 97.4% 97.7% 97.2%

February

94.6% 94.8% 96.7% 94.6% 97.9% 97.1%

Year to Date

80.0% 85.0% 90.0% 95.0% 100.0% 105.0% 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021

- 0.5% + 5.3% + 2.1% - 1.8% + 0.2% + 2.0% + 3.5% - 0.8% + 4.4% - 5.2% + 3.4% - 2.8% Feb-21 Feb-20 Feb-21

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Days on Market Until Sale

Days on Market Until Sale Single Family Percent Change from Previous Year Townhouse-Condo Percent Change from Previous Year Mar-2020 170 -4.0% 121 -8.3% Apr-2020 164 -18.8% 162 -15.6% May-2020 121 -27.1% 91 -36.4% Jun-2020 151 -10.1% 166 +10.7% Jul-2020 214 +26.6% 92 -2.1% Aug-2020 171 +34.6% 94 -34.7% Sep-2020 180 +53.8% 169 +13.4% Oct-2020 176 +15.8% 154 +43.9% Nov-2020 184 -1.1% 180 +27.7% Dec-2020 190 +32.9% 204 +67.2% Jan-2021 135 -25.0% 246 +134.3% Feb-2021 153 -27.1% 132 -21.4%

Historical Days on Market Until Sale by Month

137

195

210

168

153

132 February

0 100 200 300 400 500 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021

168

173

194

144

142

180 Year to Date

- 21.4% - 13.8% - 27.1% + 52.8% + 15.6% - 26.8% - 16.8% + 25.0% - 37.7% + 33.6% - 22.8% + 0.6% Feb-21 Feb-20 Feb-21

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Housing Affordability Index

Housing Affordability Index Single Family Percent Change from Previous Year Townhouse-Condo Percent Change from Previous Year Mar-2020 83 +13.7% 98 -18.3% Apr-2020 73 +30.4% 118 +9.3% May-2020 94 +88.0% 62 -24.4% Jun-2020 62 -18.4% 122 +8.0% Jul-2020 88 +4.8% 131 +12.0% Aug-2020 55 -43.3% 110 +18.3% Sep-2020 64 -5.9% 89 +1.1% Oct-2020 57 -36.0% 84 +9.1% Nov-2020 46 -37.0% 90 +34.3% Dec-2020 52 -23.5% 112 +21.7% Jan-2021 56 -22.2% 109 -5.2% Feb-2021 43 -40.3% 75 -29.9%

Historical Housing Affordability Index by Month

81

108

72

107

43

75 February

0 100 200 300 400 500 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021

81

102

72

112

49

91 Year to Date

- 29.9% - 0.9% - 40.3% - 11.1% - 11.4% - 31.9% + 9.8% - 18.8% + 46.0% - 20.0% + 18.5% - 18.4% Feb-21 Feb-20 Feb-21

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Inventory of Active Listings

Inventory of Active Listings Single Family Percent Change from Previous Year Townhouse-Condo Percent Change from Previous Year Mar-2020 242 +4.8% 135 +27.4% Apr-2020 234 +0.9% 141 +51.6% May-2020 240 -5.9% 146 +53.7% Jun-2020 251 -19.8% 161 +51.9% Jul-2020 232 -28.8% 158 +43.6% Aug-2020 203 -36.6% 128 +11.3% Sep-2020 174 -43.9% 115 +5.5% Oct-2020 153 -49.8% 95 -11.2% Nov-2020 129 -55.7% 82 -29.3% Dec-2020 120 -57.7% 81 -28.9% Jan-2021 102 -60.3% 54 -50.5% Feb-2021 87 -64.9% 47 -61.8%

Historical Inventory of Active Listings by Month

* Active Listings for all properties from March 2020 through February 2021. This is not the average of the individual figures above.

234

105

248

123

87

47 February

0 100 200 300 400 500 600 700 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021

- 61.8% + 17.1% - 64.9% + 6.0% + 1.3% + 8.2% Feb-21 Feb-20 Feb-21 Feb-20 Feb-19 Feb-19

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Months Supply of Inventory

Months Supply of Inventory Single Family Percent Change from Previous Year Townhouse-Condo Percent Change from Previous Year Mar-2020 10.9 +13.5% 8.4 +44.8% Apr-2020 10.3 +4.0% 9.3 +82.4% May-2020 11.1 -0.9% 11.2 +124.0% Jun-2020 11.6 -15.9% 13.4 +139.3% Jul-2020 10.1 -30.8% 13.1 +111.3% Aug-2020 8.5 -40.6% 9.8 +36.1% Sep-2020 6.5 -52.6% 7.4 +2.8% Oct-2020 5.4 -60.3% 5.3 -29.3% Nov-2020 4.3 -68.1% 4.4 -45.7% Dec-2020 3.7 -71.1% 4.0 -49.4% Jan-2021 3.1 -73.5% 2.6 -63.9% Feb-2021 2.6 -77.4% 2.2 -71.4%

Historical Months Supply of Inventory by Month

9.6

5.7

11.5

7.7

2.6 _2.2

February

0 10 20 30 40 50 60 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021

- 71.4% + 35.1% - 77.4% + 19.8% + 1.1% + 21.3% Feb-21 Feb-20 Feb-21 Feb-20 Feb-19 Feb-19

(14)

Total Market Overview

Key Metrics

Historical Sparkbars

2-2020

2-2021

Percent Change

YTD 2020 YTD 2021

Percent Change

+ 31.8%

Pending Sales

26

59 + 126.9%

70

125 + 78.6%

New Listings

46

71 + 54.3%

85

112 Sold Listings

29

41 + 41.4%

54

83 + 53.7%

Median Sales Price

$387,500

$634,000

+ 63.6%

$378,750

$592,500

+ 56.4%

+ 48.5%

96.9%

+ 0.5%

$764,619

162 - 2.4%

Pct. of List Price Received

96.8%

97.3%

+ 0.5%

96.4%

Average Sales Price

$526,118

$798,098

+ 51.7%

$514,808

Days on Market

184

140 - 23.9%

166 Housing Affordability Index

98

60 - 38.8%

100 --64

- 36.0%

----

--Active Listings

386

140 - 63.7%

--Months Supply

10.2

2.5 - 75.5%

1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021 1-2020 5-2020 9-2020 1-2021

(15)

Closed Sales

By Price Range 2-2020 2-2021 Change 2-2020 2-2021 Change 1-2021 2-2021 Change 1-2021 2-2021 Change 2-2020 2-2021 Change 2-2020 2-2021 Change

$299,999 and Below 50 62 + 24.0% 64 63 - 1.6% 1 2 + 100.0% 4 6 + 50.0% 4 3 - 25.0% 10 10 0.0% $300,000 to $599,999 103 130 + 26.2% 98 134 + 36.7% 9 3 - 66.7% 9 9 0.0% 11 12 + 9.1% 14 18 + 28.6% $600,000 to $999,999 54 83 + 53.7% 24 38 + 58.3% 6 4 - 33.3% 5 7 + 40.0% 6 10 + 66.7% 4 12 + 200.0% $1,000,000 to $1,499,999 23 53 + 130.4% 4 14 + 250.0% 5 4 - 20.0% 0 2 -- 4 9 + 125.0% 0 2 --$1,500,00 to $1,999,999 8 37 + 362.5% 1 6 + 500.0% 1 0 - 100.0% 0 1 -- 0 1 -- 1 1 0.0% $2,000,000 to $2,499,999 9 12 + 33.3% 1 0 - 100.0% 1 - 100.0% 0 0 -- 0 2 -- 0 0 --$2,500,000 to $4,999,999 12 22 + 83.3% 0 1 -- 1 2 + 100.0% 0 0 -- 0 3 -- 0 0 --$5,000,000 to $9,999,999 0 3 -- 0 0 -- 0 0 -- 0 0 -- 0 0 -- 0 0 --$10,000,000 and Above 0 0 -- 0 0 -- 0 0 -- 0 0 -- 0 0 -- 0 0

--All Price Ranges 259 402 + 55.2% 192 256 + 33.3% 24 16 - 33.3% 18 25 + 38.9% 25 40 + 60.0% 29 43 + 48.3%

Inventory of Active Listings

By Price Range 2-2020 2-2021 Change 2-2020 2-2021 Change 1-2021 2-2021 Change 1-2021 2-2021 Change

$299,999 and Below 29 6 - 79.3% 51 20 - 60.8% 5 6 + 20.0% 25 20 - 20.0% $300,000 to $599,999 49 14 - 71.4% 47 12 - 74.5% 15 14 - 6.7% 12 12 0.0% $600,000 to $999,999 54 17 - 68.5% 15 9 - 40.0% 25 17 - 32.0% 11 9 - 18.2% $1,000,000 to $1,499,999 35 15 - 57.1% 7 3 - 57.1% 19 15 - 21.1% 3 3 0.0% $1,500,00 to $1,999,999 27 7 - 74.1% 3 2 - 33.3% 8 7 - 12.5% 2 2 0.0% $2,000,000 to $2,499,999 16 3 - 81.3% 0 0 -- 4 3 - 25.0% 0 0 --$2,500,000 to $4,999,999 31 24 - 22.6% 0 1 -- 25 24 - 4.0% 1 1 0.0% $5,000,000 to $9,999,999 6 1 - 83.3% 0 0 -- 1 1 0.0% 0 0

Actual sales that have closed in a given month.

Rolling 12 Months Compared to Prior Month Year to Date

Single 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.

A measure of the number of homes available for sale at a given time.

Year over Year Compared to Prior Month Year to Date

Condo

Single Family Condo Single Family Condo Single Family

118 201 ₇₈ 27 9 10 12 0 0 127 264 121 ₆₇ 43 ₁₂ 23 3 0 < $300K $300K to $599K $600K to $999K $1.0M to $1.5M $1.5M to $2.0M $2.0M to $2.5M $2.5M to $5.0M $5.0M to $10.0M $10.0M+

By Price Range – All Properties – Rolling 12 Months

2-2020 2-2021

+ 7.6%

259 402 ₁₉₂ 256 455

660

Singe Family Townhouse-Condo All Properties

By Property Type

2-2020 2-2021 + 31.3% + 55.1% + 148.1% + 377.8% + 20.0% + 91.7% -- -- + 55.2% + 33.3% + 45.1% 92 99 69 42 ₃₀ 16 31 6 1 30 28 26 18 9 3 25 1 0 < $300K $300K to $599K $600K to $999K $1.0M to $1.5M $1.5M to $2.0M $2.0M to $2.5M $2.5M to $5.0M $5.0M to $10.0M $10.0M+

By Price Range – All Properties

2-2020 2-2021

- 67.4%

248

123

386

87 ₄₇ 140

Singe Family Townhouse-Condo All Properties

By Property Type

2-2020 2-2021

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Glossary of Terms

New Listings

Pending Sales

Sold Listings

Median Sales Price

Average Sales Price

Percent of List Price Received

Days on Market Until Sale

Housing Affordability Index

Inventory of Active Listings

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 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 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 median 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.