July 2016 Residential Market Report

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Jul 3, 2016 - July 2016 Residential Market Report. Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert & Jefferson
July 2016 Residential Market Report Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert & Jefferson Counties

Detached - Single Family Units Sold Avg DOM Avg Sold Price Active Listings

2015 3,978 18.3 $412,524 6,167

2016 3,567 19.4 $456,429 5,824

Prior Month -8.3% 3.1% -1.0% 4.5%

% Change YoY -10.3% 6.0% 10.6% -5.6%

YTD -2.3%

Sold Units vs Active Listings 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Jan

Feb

Mar

Apr

May

Jun

2014 Sold 2014 Active

Jul

Aug

2015 Sold 2015 Active

Sep

Oct

Nov

Dec

2016 Sold 2016 Active

Average Sold Price

$456,429

$470,000 $420,000 $370,000 $320,000 $270,000 $220,000 Jan 2014

Jan 2015

Jan 2016

Days on Market 70.0 60.0 50.0 40.0 30.0

19.4

20.0 10.0 0.0 Jan 2014

Jan 2015

Jan 2016

This representation is based in whole or in part on content supplied by REcolorado®. REcolorado® does not guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado® may not reflect all real estate activity in the market.

July 2016 Residential Market Report Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert & Jefferson Counties

Attached Condo/Townhome Units Sold Avg DOM Avg Sold Price Active Listings

2015 1,686 13.6 $253,420 1,666

2016 1,407 14.1 $284,675 1,577

% Change YoY -16.5% 3.4% 12.3% -5.3%

Prior Month 1.7% -1.5% -2.1% 10.5%

YTD -5.9%

Sold Units vs Active Listings 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 Jan

$300,000

Feb

Mar

Apr May 2014 Sold 2014 Active

Jun Jul 2015 Sold 2015 Active

Aug

Sep Oct 2016 Sold 2016 Active

Average Sold Price

Nov

Dec

$284,675

$275,000 $250,000 $225,000 $200,000 $175,000 $150,000 Jan 2014

Jan 2015

Jan 2016

Days on Market 60.0 50.0 40.0 30.0

14.1

20.0 10.0 0.0 Jan 2014

Jan 2015

Jan 2016

This representation is based in whole or in part on content supplied by REcolorado®. REcolorado® does not guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado® may not reflect all real estate activity in the market.

July 2016 Residential Market Report Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert & Jefferson Counties

Over $1,000,000 Units Sold Avg DOM Avg Sold Price Active Listings

2015 113 79.9 $1,555,602 848

2016 125 79.3 $1,489,655 956

Prior Month -13.8% 12.7% 0.8% -1.9%

% Change YoY 10.6% -0.7% -4.2% 12.7%

YTD 15.8%

Sold Units vs Active Listings 160

1,200

140

1,000

120 800

100 80

600

60

400

40 200

20 0

0 Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

2014 Sold

2015 Sold

2016 Sold

2014 Active

2015 Active

2016 Active

Nov

Dec

Average Sold Price

$1,700,000 $1,600,000

$1,489,655 $1,500,000 $1,400,000 $1,300,000 $1,200,000 Jan 2015

Jan 2016

Days on Market 200.0 150.0

79.3

100.0 50.0 0.0 Jan 2014

Jan 2015

Jan 2016

This representation is based in whole or in part on content supplied by REcolorado®. REcolorado®does not guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado® may not reflect all real estate activity in the market.