Local Market Update for March 2017

 

SEARCH KEYSTONE COLORADO HOMES AND CONDOS HERE

Keystone

A Research Tool Provided by the Colorado Association of REALTORS®

  

Single Family

March

Year to Date

Key Metrics

2016

2017

Percent Change from Previous Year

Thru 03-2016

Thru 03-2017

Percent Change from Previous Year

New Listings

2

1

- 50.0%

5

9

+ 80.0%

Sold Listings

1

2

+ 100.0%

4

5

+ 25.0%

Median Sales Price*

$1,925,000

$1,706,250

- 11.4%

$1,270,000

$1,187,500

- 6.5%

Average Sales Price*

$1,925,000

$1,706,250

- 11.4%

$1,320,000

$1,491,500

+ 13.0%

Percent of List Price Received*

96.5%

96.3%

- 0.2%

95.1%

95.8%

+ 0.7%

Days on Market Until Sale

28

646

+ 2207.1%

174

418

+ 140.2%

Inventory of Homes for Sale

24

16

- 33.3%

--

--

--

Months Supply of Inventory

13.1

6.8

- 48.1%

--

--

--

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

Townhouse-Condo

March

Year to Date

Key Metrics

2016

2017

Percent Change from Previous Year

Thru 03-2016

Thru 03-2017

Percent Change from Previous Year

New Listings

28

46

+ 64.3%

60

121

+ 101.7%

Sold Listings

14

27

+ 92.9%

40

54

+ 35.0%

Median Sales Price*

$312,500

$346,000

+ 10.7%

$381,000

$350,500

- 8.0%

Average Sales Price*

$334,371

$398,793

+ 19.3%

$373,343

$414,572

+ 11.0%

Percent of List Price Received*

97.6%

97.3%

- 0.3%

97.4%

97.4%

0.0%

Days on Market Until Sale

64

44

- 31.3%

99

53

- 46.5%

Inventory of Homes for Sale

85

85

0.0%

--

--

--

Months Supply of Inventory

3.6

3.6

0.0%

--

--

--

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

 

Median Sales Price – Single Family Median Sales Price – Townhouse-Condo

Rolling 12-Month Calculation Rolling 12-Month Calculation

Entire MLS — Entire MLS —

Keystone — Keystone —

image

image

$1,200,000 $450,000

 

$1,000,000 $400,000

 

$800,000 $350,000

 

$600,000 $300,000

 

$400,000 $250,000

 

$200,000 $200,000

1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

 

Current as of April 5, 2017. All data from the Summit MLS Inc. Report © 2017 ShowingTime.

Posted by Bret and Meredith Amon on
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