august 2014 denver metro market report
DESCRIPTION
ÂTRANSCRIPT
ARVADA
Search Homes For Sale in Arvada Here
Arvada Map by Zip Codes
8 54279
493.0 20
4.0
11
67
4.0 64
45
3
9
0.25 - 0.50acre
46
$ 400,000
17
0
64
4.0
6,501 -8,000 sqft
34.0
2023 6,501 -8,000 sqft
63
$ 281,000
4.0
131
8,001 -10,000 sqft$ 522,393
4.0$ 750,000
9
24
3072
The market appears to be hovering around this plateau. Look fora persistent change in the Market Action Index before we seeprices deviate from these levels.
The market has been cooling over time and prices plateaued for awhile. Despite the consistent decrease in MAI, we're in the Seller'szone. Watch for changes in MAI. If the MAI resumes it's climb, priceswill likely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
Even though the days-on-market is trending higher, so is theMarket Action Index at these inventory levels, providing a neutraloutlook for the market.
ARVADA, COHomestead Title &Escrow's ExecutiveSummary
63
2660
2.0
Monday August 25, 2014
The median list price in ARVADA, CO this week is $469,900.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
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Single Family Homes
Median Lot Size
50.2
Percent Relisted (reset DOM)
2753
3.0
6 %
Median Number of Bathrooms
73
Median List Price
Average Days on Market (DOM)$ 160
Percent Flip (price increased)
8,001 - 10,000 sqftMedian House Size (sq ft)
$ 469,900
53 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
5 %Percent of Properties with Price Decrease
Strong Seller's
±+
±+
==
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
AURORAAurora Map by Zip Codes
Search Homes For Sale in Aurora Here
8 73878
373.0 12
3.0
21
73
4.0 117
26
16
27
0.25 - 0.50acre
36
$ 315,000
48
6
118
4.0
6,501 -8,000 sqft
113.0
1817 6,501 -8,000 sqft
117
$ 222,450
4.0
97
8,001 -10,000 sqft$ 469,000
4.0$ 584,525
7
50
2973
The market appears to be hovering around this plateau. Look fora persistent change in the Market Action Index before we seeprices deviate from these levels.
The market has been cooling over time and prices plateaued for awhile. Despite the consistent decrease in MAI, we're in the Seller'szone. Watch for changes in MAI. If the MAI resumes it's climb, priceswill likely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
The Market Action index has been trending down lately, whiledays-on-market is climbing, providing mostly bearish signs for themarket.
AURORA, COHomestead Title &Escrow's ExecutiveSummary
117
2269
2.0
Monday August 25, 2014
The median list price in AURORA, CO this week is $369,000.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
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Single Family Homes
Median Lot Size
61.2
Percent Relisted (reset DOM)
2640
3.0
9 %
Median Number of Bathrooms
58
Median List Price
Average Days on Market (DOM)$ 142
Percent Flip (price increased)
6,501 - 8,000 sqftMedian House Size (sq ft)
$ 369,000
48 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
4 %Percent of Properties with Price Decrease
Strong Seller's
±+
±+
==
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
BOULDERBoulder Map by Zip Codes
Search Homes For Sale in Boulder Here
25 24361
842.0 34
3.0
0
146
3.0 34
68
2
1
0.25 - 0.50acre
42
$ 684,000
3
1
35
2.5
1.0 - 2.5acres
12.5
1824 1.0 - 2.5acres
34
$ 484,500
4.0
203
1.0 - 2.5acres$ 949,250
4.0$ 1,697,000
43
4
3331
In the last few weeks we've seen prices in this zip code bouncingaround this plateau. Look for a persistent down-shift in theMarket Action Index before we see prices deviate from theselevels.
While prices have recently plateaued, this is a buyer's market andthe supply of homes listed has started growing relative to demand.This indicates that prices could easily resume a downward trend inconjunction with the MAI. Prices are unlikely to move significantlyhigher until there is a persistent upward shift in the MAI.
Inventory and days-on-market are climbing, while the MarketAction Index has been flat recently. The trends point to aweakening market.
BOULDER, CO 80302Homestead Title &Escrow's ExecutiveSummary
34
2730
1.5
Monday August 25, 2014
The median list price in BOULDER, CO 80302 this week is $749,000.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
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Single Family Homes
Median Lot Size
26.7
Percent Relisted (reset DOM)
2893
2.0
1 %
Median Number of Bathrooms
125
Median List Price
Average Days on Market (DOM)$ 289
Percent Flip (price increased)
1.0 - 2.5 acresMedian House Size (sq ft)
$ 749,000
38 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
9 %Percent of Properties with Price Decrease
Buyer's Advantage
±+
±+
==
≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
BROOMFIELDBroomfield Map by Zip Codes
Search Homes For Sale in Broomfield Here
8 24242
583.0 14
3.0
5
85
4.0 52
23
7
11
0.50 - 1.0acre
30
$ 421,500
19
5
53
4.0
6,501 -8,000 sqft
33.0
1720 4,501 -6,500 sqft
52
$ 265,000
4.0
189
8,001 -10,000 sqft$ 535,000
4.0$ 924,452
8
14
3130
Again this week we see a downward notch for prices. Pricescontinue to pull back from the market's highs. The Market ActionIndex is a good leading indicator for the durability of this trend.
The market has been cooling off a bit in recent weeks, as morehomes are available and demand is less. We're already seeing pricesmove lower as a result. Expect this trend to continue especially ifthe index falls to the Buyer's zone. Watch for a persistent up-turn inMarket Action to signal prices rising again.
With inventory trending up but days-on-market and the MarketAction Index essentially flat recently, conditions do not seem tohave strong up or down pull.
BROOMFIELD, COHomestead Title &Escrow's ExecutiveSummary
52
2594
3.0
Monday August 25, 2014
The median list price in BROOMFIELD, CO this week is $473,500.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
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Single Family Homes
Median Lot Size
46.2
Percent Relisted (reset DOM)
2715
3.0
4 %
Median Number of Bathrooms
88
Median List Price
Average Days on Market (DOM)$ 168
Percent Flip (price increased)
8,001 - 10,000 sqftMedian House Size (sq ft)
$ 473,500
47 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
3 %Percent of Properties with Price Decrease
Strong Seller's
≠≠
±+
±+
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
CASTLE PINESCastle Pines Map by Zip Codes
Search Homes For Sale in Castle Pines Here
9 07268
1025.0 12
4.0
1
84
5.0 13
75
0
0
0.50 - 1.0acre
13
$ 680,000
0
0
13
6.5
0.25 - 0.50acre
05.5
3688 8,001 -10,000 sqft
12
$ 554,000
5.0
108
0.25 - 0.50acre$ 1,112,000
5.0$ 1,674,500
10
1
5508
While this week the median price in this zip code didn'tfluctuate much, we are relatively close to the market's high-water mark. Watch for persistent downward shift in the MarketAction Index into the Buyer's zone as a leading indicator of theprice strength subsiding.
The market has not shown strong directional trends in terms ofsupply and demand. However, inventory is sufficiently low to keepus in the Seller's Market zone and prices have been moving upward asevidence.
The Market Action index has been trending down lately, whiledays-on-market is climbing, providing mostly bearish signs for themarket.
CASTLE PINES NORTH,Homestead Title &Escrow's ExecutiveSummary
12
4725
4.0
Monday August 25, 2014
The median list price in CASTLE PINES NORTH, CO 80108 this weekis $767,500.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
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Single Family Homes
Median Lot Size
41.4
Percent Relisted (reset DOM)
4850
5.0
2 %
Median Number of Bathrooms
92
Median List Price
Average Days on Market (DOM)$ 182
Percent Flip (price increased)
0.25 - 0.50 acreMedian House Size (sq ft)
$ 767,500
64 %
5.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
10 %Percent of Properties with Price Decrease
Seller's Advantage
==
==
==
±+
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
CASTLE ROCKCastle Rock Map by Zip Codes
Search Homes For Sale in Castle Rock Here
8 55034
823.0 0
3.0
2
100
4.0 33
44
2
3
1.0 - 2.5acres
16
$ 435,000
7
1
33
5.0
8,001 -10,000 sqft
34.0
2119 6,501 -8,000 sqft
32
$ 345,000
4.0
140
0.25 - 0.50acre$ 527,000
5.0$ 799,450
8
12
3390
We continue to see prices in this zip code bounce around thisplateau. Look for a persistent down-shift in the Market ActionIndex before we see prices deviate from these levels.
The market has been cooling over time and prices plateaued for awhile. Despite the consistent decrease in MAI, we're in the Seller'szone. Watch for changes in MAI. If the MAI resumes it's climb, priceswill likely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
Inventory has been lightening lately and the Market Action Indexhas been trending up. These are mildly positive indications for themarket.
CASTLE ROCK, CO 80104Homestead Title &Escrow's ExecutiveSummary
32
2929
3.0
Monday August 25, 2014
The median list price in CASTLE ROCK, CO 80104 this week is$473,354.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
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Single Family Homes
Median Lot Size
39.4
Percent Relisted (reset DOM)
3109
4.0
18 %
Median Number of Bathrooms
91
Median List Price
Average Days on Market (DOM)$ 157
Percent Flip (price increased)
0.25 - 0.50 acreMedian House Size (sq ft)
$ 473,354
38 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
13 %Percent of Properties with Price Decrease
Seller's Advantage
±+
±+
±+
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
CENTENNIALCentennial Map by Zip Codes
Search Homes For Sale in Centennial Here
22 25080
283.0 34
4.0
13
63
4.0 51
39
3
8
1.0 - 2.5acres
36
$ 398,900
15
4
51
5.0
8,001 -10,000 sqft
63.0
2236 8,001 -10,000 sqft
51
$ 312,500
4.0
85
0.25 - 0.50acre$ 500,000
5.0$ 767,000
33
10
3200
The market seems to have paused around this plateau. TheMarket Action Index is a good leading indicator for the durabilityof this trend.
The market has been cooling over time and prices have recentlyflattened. Despite the consistent decrease in Market Action Index(MAI), we're in a Seller's Market (where significant demand leaveslittle inventory available). If the MAI begins to climb, prices willlikely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
The Market Action Index has been trending down lately, whileinventory is climbing. These trends imply a weakening market.
CENTENNIAL, COHomestead Title &Escrow's ExecutiveSummary
50
2872
3.0
Monday August 25, 2014
The median list price in CENTENNIAL, CO this week is $435,000.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
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Single Family Homes
Median Lot Size
53.8
Percent Relisted (reset DOM)
2988
4.0
3 %
Median Number of Bathrooms
54
Median List Price
Average Days on Market (DOM)$ 146
Percent Flip (price increased)
0.25 - 0.50 acreMedian House Size (sq ft)
$ 435,000
49 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
8 %Percent of Properties with Price Decrease
Strong Seller's
±+
≠≠
±+
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
CONIFERConifer Map by Zip Codes
Search Homes For Sale in Conifer Here
13 05131
733.0 22
3.0
1
127
3.0 24
59
0
2
10 - 20 acres
35
$ 415,000
2
1
24
5.0
1.0 - 2.5acres
04.0
1906 1.0 - 2.5acres
23
$ 302,500
4.0
153
5.0 - 10acres$ 649,500
4.0$ 1,175,000
17
2
3651
In the last few weeks we've seen prices in this zip code bouncingaround this plateau. Look for a persistent down-shift in theMarket Action Index before we see prices deviate from theselevels.
While the Market Action Index shows some strengthening in the lastfew weeks, prices have settled in a bit of a plateau. We currently ina Seller's market so prices will likely resume their climb should thistrend persist.
Inventory is tightening and days-on-market is falling. But demandas measured by the Market Action Index is also trending down. Themarket is not giving strong up or down signals from these data.
CONIFER, CO 80433Homestead Title &Escrow's ExecutiveSummary
23
2582
2.0
Monday August 25, 2014
The median list price in CONIFER, CO 80433 this week is $550,000.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
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Single Family Homes
Median Lot Size
32.6
Percent Relisted (reset DOM)
2915
3.0
2 %
Median Number of Bathrooms
102
Median List Price
Average Days on Market (DOM)$ 172
Percent Flip (price increased)
2.5 - 5.0 acresMedian House Size (sq ft)
$ 550,000
55 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
3 %Percent of Properties with Price Decrease
Seller's Advantage
±+
±+
≠
=
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
DENVERDenver County Map by Zip Codes
Search Homes For Sale in Denver Here
15 194282
592.0 60
3.0
65
71
3.0 298
42
41
57
6,501 -8,000 sqft
56
$ 359,912
91
21
298
4.0
4,501 -6,500 sqft
303.0
1494 6,501 -8,000 sqft
298
$ 221,500
4.0
111
4,501 -6,500 sqft$ 549,000
4.0$ 1,050,000
58
86
2508
The market appears to be hovering around this plateau. Look fora persistent change in the Market Action Index before we seeprices deviate from these levels.
The market has been cooling over time and prices plateaued for awhile. Despite the consistent decrease in MAI, we're in the Seller'szone. Watch for changes in MAI. If the MAI resumes it's climb, priceswill likely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
The Market Action Index has been trending down lately, whileinventory is climbing. These trends imply a weakening market.
DENVER, COHomestead Title &Escrow's ExecutiveSummary
297
1962
2.0
Monday August 25, 2014
The median list price in DENVER, CO this week is $448,000.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
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Single Family Homes
Median Lot Size
53.6
Percent Relisted (reset DOM)
2270
3.0
5 %
Median Number of Bathrooms
71
Median List Price
Average Days on Market (DOM)$ 206
Percent Flip (price increased)
6,501 - 8,000 sqftMedian House Size (sq ft)
$ 448,000
44 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
5 %Percent of Properties with Price Decrease
Strong Seller's
±+
≠
±+
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
ENGLEWOODEnglewood Map by Zip Codes
Search Homes For Sale in Englewood Here
22 35478
452.0 63
3.0
5
58
3.0 25
46
3
4
0.50 - 1.0acre
66
$ 300,000
6
1
25
6.0
4,501 -6,500 sqft
23.0
1262 4,501 -6,500 sqft
25
$ 234,900
4.0
63
8,001 -10,000 sqft$ 550,000
5.0$ 1,650,000
35
10
3028
The market seems to have paused around this plateau. TheMarket Action Index is a good leading indicator for the durabilityof this trend.
The market has been cooling over time and prices have recentlyflattened. Despite the consistent decrease in Market Action Index(MAI), we're in a Seller's Market (where significant demand leaveslittle inventory available). If the MAI begins to climb, prices willlikely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
Inventory and days-on-market are both trending higher recently.However, the improving Market Action Index implies someincreased demand will temper the negative trends.
ENGLEWOOD, COHomestead Title &Escrow's ExecutiveSummary
25
1884
2.0
Monday August 25, 2014
The median list price in ENGLEWOOD, CO this week is $353,500.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC
Single Family Homes
Median Lot Size
57.5
Percent Relisted (reset DOM)
2326
3.0
3 %
Median Number of Bathrooms
53
Median List Price
Average Days on Market (DOM)$ 188
Percent Flip (price increased)
6,501 - 8,000 sqftMedian House Size (sq ft)
$ 353,500
47 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
3 %Percent of Properties with Price Decrease
Strong Seller's
±+
≠
==
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
GREENWOOD VILLAGEGreenwood Village Map by Zip Codes
Search Homes For Sale in Greenwood Village Here
18 07198
1035.0 30
5.0
2
117
5.0 17
71
1
1
0.50 - 1.0acre
33
$ 1,182,700
1
1
17
6.5
0.50 - 1.0acre
05.5
3936 0.25 - 0.50acre
16
$ 750,000
5.0
197
0.50 - 1.0acre$ 1,612,000
5.0$ 2,422,500
20
1
6435
The market is hovering around this plateau. Look for a persistentchange in the Market Action Index before we see prices deviatefrom these levels.
The Market Action Index has been trending lower for several weekswhile prices have remained relatively stable. If inventory continuesto grow relative to demand however, it is likely that we will seedownward pressure on pricing.
Inventory and days-on-market are both trending higher recently.However, the improving Market Action Index implies someincreased demand will temper the negative trends.
GREENWOOD VILLAGE,Homestead Title &Escrow's ExecutiveSummary
16
5000
4.0
Monday August 25, 2014
The median list price in GREENWOOD VILLAGE, CO this week is$1,399,000.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC
Single Family Homes
Median Lot Size
28.5
Percent Relisted (reset DOM)
5638
5.0
5 %
Median Number of Bathrooms
121
Median List Price
Average Days on Market (DOM)$ 258
Percent Flip (price increased)
0.50 - 1.0 acreMedian House Size (sq ft)
$ 1,399,000
48 %
5.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
5 %Percent of Properties with Price Decrease
Buyer's Advantage
±+
±+
==
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
HIGHLANDS RANCHHighlands Ranch/ Lone Tree Map by Zip Codes
Search Homes For Sale in Highlands Ranch Here
14 64636
413.0 18
3.5
6
49
4.0 44
34
3
9
0.25 - 0.50acre
18
$ 419,900
13
3
44
5.0
6,501 -8,000 sqft
44.0
2108 4,501 -6,500 sqft
44
$ 339,200
4.0
59
8,001 -10,000 sqft$ 512,450
5.0$ 697,250
18
21
3621
The market is hovering around this plateau. Look for a persistentchange in the Market Action Index before we see prices deviatefrom these levels.
The market has been cooling over time and prices plateaued for awhile. Despite the consistent decrease in MAI, we're in the Seller'szone. Watch for changes in MAI. If the MAI resumes it's climb, priceswill likely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
Inventory has been lightening lately and the Market Action Indexhas been trending up. Though days-on-market is increasing, theseare mildly positive indications for the market.
HIGHLANDS RANCH, COHomestead Title &Escrow's ExecutiveSummary
44
2643
3.5
Monday August 25, 2014
The median list price in HIGHLANDS RANCH, CO this week is$449,950.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC
Single Family Homes
Median Lot Size
62.2
Percent Relisted (reset DOM)
3119
4.0
1 %
Median Number of Bathrooms
46
Median List Price
Average Days on Market (DOM)$ 154
Percent Flip (price increased)
6,501 - 8,000 sqftMedian House Size (sq ft)
$ 449,950
53 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
5 %Percent of Properties with Price Decrease
Strong Seller's
±+
=
==
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
LAKEWOODLakewood Map by Zip Codes
Search Homes For Sale in Lakewood Here
12 54431
523.0 45
3.0
8
56
4.0 51
28
6
10
0.25 - 0.50acre
54
$ 349,900
11
4
51
4.0
8,001 -10,000 sqft
93.0
1778 8,001 -10,000 sqft
50
$ 267,000
4.0
112
0.25 - 0.50acre$ 459,900
4.0$ 799,250
30
15
3105
The market is hovering around this plateau. Look for a persistentchange in the Market Action Index before we see prices deviatefrom these levels.
In the last few weeks the market has achieved a relative stasis pointin terms of sales to inventory. However, inventory is sufficiently lowto keep us in the Seller's Market zone so watch changes in the MAI.If the market heats up, prices are likely to resume an upward climb.
With inventory and days-on-market basically unchanged and theMarket Action Index increasing, the market is not sending strongdirectional signal for the near-term outlook.
LAKEWOOD, COHomestead Title &Escrow's ExecutiveSummary
50
2218
2.0
Monday August 25, 2014
The median list price in LAKEWOOD, CO this week is $395,900.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC
Single Family Homes
Median Lot Size
53.3
Percent Relisted (reset DOM)
2646
3.0
2 %
Median Number of Bathrooms
62
Median List Price
Average Days on Market (DOM)$ 156
Percent Flip (price increased)
0.25 - 0.50 acreMedian House Size (sq ft)
$ 395,900
50 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
4 %Percent of Properties with Price Decrease
Strong Seller's
±+
±+
±+
±+
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
LITTLETONLittleton Map by Zip Codes
Search Homes For Sale in Littleton Here
12 35514
884.0 19
3.0
13
107
4.0 110
50
9
12
0.50 - 1.0acre
33
$ 492,000
26
1
111
5.0
8,001 -10,000 sqft
104.0
2156 6,501 -8,000 sqft
110
$ 328,000
4.0
185
0.25 - 0.50acre$ 699,000
5.0$ 1,250,000
16
32
4014
The market seems to have paused around this plateau. TheMarket Action Index is a good leading indicator for the durabilityof this trend.
The market has been cooling over time and prices have recentlyflattened. Despite the consistent decrease in Market Action Index(MAI), we're in a Seller's Market (where significant demand leaveslittle inventory available). If the MAI begins to climb, prices willlikely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
Even though the days-on-market is trending higher, so is theMarket Action Index at these inventory levels, providing a neutraloutlook for the market.
LITTLETON, COHomestead Title &Escrow's ExecutiveSummary
110
3341
3.0
Monday August 25, 2014
The median list price in LITTLETON, CO this week is $585,000.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC
Single Family Homes
Median Lot Size
44.4
Percent Relisted (reset DOM)
3500
4.0
4 %
Median Number of Bathrooms
107
Median List Price
Average Days on Market (DOM)$ 173
Percent Flip (price increased)
0.25 - 0.50 acreMedian House Size (sq ft)
$ 585,000
46 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
5 %Percent of Properties with Price Decrease
Seller's Advantage
±+
±+
==
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
PARKERParker Map by Zip Codes
Search Homes For Sale in Parker Here
9 35662
724.0 9
4.0
8
102
4.0 81
70
5
8
1.0 - 2.5acres
15
$ 489,900
11
2
81
5.0
8,001 -10,000 sqft
64.0
2579 6,501 -8,000 sqft
81
$ 419,029
4.0
223
0.50 - 1.0acre$ 625,000
4.5$ 1,114,375
9
9
4301
The market seems to have paused around this plateau. TheMarket Action Index is a good leading indicator for the durabilityof this trend.
The market has been cooling over time and prices have recentlyflattened. Despite the consistent decrease in Market Action Index(MAI), we're in a Seller's Market (where significant demand leaveslittle inventory available). If the MAI begins to climb, prices willlikely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
Even though the days-on-market is trending higher, so is theMarket Action Index at these inventory levels, providing a neutraloutlook for the market.
PARKER, COHomestead Title &Escrow's ExecutiveSummary
80
3313
3.0
Monday August 25, 2014
The median list price in PARKER, CO this week is $529,000.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC
Single Family Homes
Median Lot Size
36.4
Percent Relisted (reset DOM)
3756
4.0
8 %
Median Number of Bathrooms
117
Median List Price
Average Days on Market (DOM)$ 161
Percent Flip (price increased)
0.25 - 0.50 acreMedian House Size (sq ft)
$ 529,000
44 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
7 %Percent of Properties with Price Decrease
Seller's Advantage
±+
±+
==
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
THORNTONThornton Map by Zip Codes
Search Homes For Sale in Thornton Here
16 13858
413.0 18
3.0
4
40
3.5 10
9
3
4
0.50 - 1.0acre
18
$ 284,950
5
1
10
4.0
6,501 -8,000 sqft
54.0
1501 4,501 -6,500 sqft
9
$ 237,000
4.0
44
6,501 -8,000 sqft$ 350,000
4.0$ 625,000
17
5
2900
The market is hovering around this plateau. Look for a persistentchange in the Market Action Index before we see prices deviatefrom these levels.
The market has been cooling over time and prices plateaued for awhile. Despite the consistent decrease in MAI, we're in the Seller'szone. Watch for changes in MAI. If the MAI resumes it's climb, priceswill likely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
Demand measured by the Market Action Index is increasing anddays-on-market is holding steady. With more properties comingavailable, conditions are mildly positive.
THORNTON, COHomestead Title &Escrow's ExecutiveSummary
9
2114
2.5
Monday August 25, 2014
The median list price in THORNTON, CO this week is $299,200.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC
Single Family Homes
Median Lot Size
77.2
Percent Relisted (reset DOM)
2458
3.0
3 %
Median Number of Bathrooms
33
Median List Price
Average Days on Market (DOM)$ 144
Percent Flip (price increased)
6,501 - 8,000 sqftMedian House Size (sq ft)
$ 299,200
47 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
11 %Percent of Properties with Price Decrease
Strong Seller's
±+
==
±+
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
WESTMINSTERWestminster Map by Zip Codes
Search Homes For Sale in Westminster Here
14 14468
453.0 35
3.0
1
76
4.0 15
34
0
7
0.25 - 0.50acre
52
$ 329,000
2
0
16
4.0
8,001 -10,000 sqft
23.0
1892 6,501 -8,000 sqft
15
$ 234,950
4.0
105
8,001 -10,000 sqft$ 524,800
5.0$ 799,900
12
5
3050
The market seems to have paused around this plateau. TheMarket Action Index is a good leading indicator for the durabilityof this trend.
The market has been cooling over time and prices plateaued for awhile. Despite the consistent decrease in MAI, we're in the Seller'szone. Watch for changes in MAI. If the MAI resumes it's climb, priceswill likely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.
Inventory has been lightening lately and the Market Action Indexhas been trending up. These are mildly positive indications for themarket.
WESTMINSTER, COHomestead Title &Escrow's ExecutiveSummary
15
2441
2.0
Monday August 25, 2014
The median list price in WESTMINSTER, CO this week is $399,900.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Homestead Title & Escrow | 303-815-1300
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC
Single Family Homes
Median Lot Size
56.8
Percent Relisted (reset DOM)
2725
3.0
0 %
Median Number of Bathrooms
64
Median List Price
Average Days on Market (DOM)$ 148
Percent Flip (price increased)
8,001 - 10,000 sqftMedian House Size (sq ft)
$ 399,900
43 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
2 %Percent of Properties with Price Decrease
Strong Seller's
±+
≠≠
±+
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average
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