Local Market Update for March 2017
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Keystone
A Research Tool Provided by the Colorado Association of REALTORS®
Single Family |
March |
Year to Date |
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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. |
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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 —
$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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