Monthly Indicators February 2016
New Listings were up 58.1 percent for single family/duplex homes and 55.3 percent for townhouse-condo properties. Pending Sales increased 71.4 percent for single family/duplex homes and 63.4 percent for townhouse-condo properties. The Median Sales Price was down 54.5 percent to $510,250 for single family/duplex homes and 35.0 percent to $521,250 for townhouse-condo properties. Days on Market decreased 43.3 percent for single family/duplex homes and 31.1 percent for condo properties. National housing starts were up by 10.8 percent at the end of 2015 when compared to 2014, and the unemployment rate is holding low and steady at or near 4.9 percent. Meanwhile, mortgage rates continue to astound below 4.0 percent and we have witnessed an unprecedented 70 consecutive months of private-sector job growth. As consumers navigate their options, competition for the best available properties should be profound, especially if the market remains hobbled by a lack of supply.
Monthly Snapshot - 5.0%
- 6.9%
- 36.3%
One-Year Change in Closed Sales All Properties
One-Year Change in Active Listings All Properties
One-Year Change in Median Sales Price All Properties
Residential real estate activity in Vail Board of REALTORS® MLS, comprised of single-family properties, townhomes and condominiums. Percent changes are calculated using rounded figures.
Single Family/Duplex Activity Overview Townhouse-Condo Activity Overview New Listings Pending Sales Closed Sales 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 All Properties Activity Overview Closed Sales and Inventory by Price Range Glossary of Terms
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.