COVID-19 Weekly Report · REcolorado®, Inc. may not reflect all real estate activity in the...

March 18 – March 24

COVID-19 Weekly Report

Please note

The contents of this report reflect attached and detached single family (ASF+ DSF) in the 7 Metro Denver Counties: Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert and Jefferson.

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

Showing data is courtesy of ShowingTime.

Peak week for the purpose of this presentation is considered to by 3/4/2020-3/10/2020.

WOW is week over week.

A given market in balance changes by price range. Please see notes on applicable slides.

All Prices

Market Response Tracking All Prices

ASF + DSF

Predictive MSI

WOW: +29.8%

From Peak: +67.1%

Avg Daily Active

WOW: +10.0%

From Peak:+18.6%

New Listings

WOW: -1.1%

From Peak:-1.5%

Back on Market

WOW: +29.7%

From Peak:+88.2%

Expired

WOW: +5.8%

From Peak: -1.4%

Withdrawn

WOW: +86.6%

From Peak: +183.3%

Pending

WOW: -15.3%

From Peak: -27.8%

Closed

WOW: +3.3%

From Peak: +10.5%

* A market in balance between buyer and seller is defined as 6.0 months of inventory

Active vs Balanced Market All Prices

ASF + DSF

Avg Daily Active

WOW: +10.0%

From Peak: +18.6%

Active Required for Balance

WOW: -15.3%

From Peak: -27.8%

% of Balance

WOW: +4.5%

From Peak: +7.6%

* A market in balance between buyer and seller is defined as 6.0 months of inventory

Showing Data All Prices

ASF + DSF

Total Showings

WOW: -41.3%

From Peak: -50.4%

Shows per Listing

WOW: -46.7%

From Peak: -58.5%

Shows to Contracts All Prices

ASF + DSF

Total Showings

WOW: -41.3%

From Peak: -50.4%

Pending

WOW: -15.3%

From Peak: -27.8%

Showings to Contracts

WOW: -30.7%

From Peak: -31.5%

Days Until Balanced Market All Prices

ASF + DSF

Days until Equilibrium

WOW: -23.5%

From Peak: -40.8%

* A market in balance between buyer and seller is defined as 6.0 months of inventory

Up to $500,000

Market Response Tracking Up to $500,000

ASF + DSF

Predictive MSI

WOW: +65.3%

From Peak:+161.4%

Avg Daily Active

WOW: +39.4%

From Peak:+78.5%

New Listings

WOW:+0.6%

From Peak:+4.8%

Back on Market

WOW:+28.5%

From Peak: +65.7%

Expired

WOW: -2.3%%

From Peak: -1.4%

Withdrawn

WOW: +62.5%

From Peak: +95.0%

Pending

WOW: -15.7%

From Peak: -25.3%

Closed

WOW: -9.6%

From Peak: -2.8%

* A market in balance between buyer and seller is defined as 6.0 months of inventory

Active vs Balanced Market Up to $500,000

ASF + DSF

Avg Daily Active

WOW: +39.4%

From Peak: +78.5%

Active Required for Balance

WOW: -15.7%

From Peak: -25.2%

% of Balance

WOW: +3.4%

From Peak: +4.9%

* A market in balance between buyer and seller is defined as 6.0 months of inventory

Showing Data Up to $500,000

ASF + DSF

Total Showings

WOW: -40.0%

From Peak: -46.6%

Shows per Listing

WOW: -57.0%

From Peak: -69.2%

Shows to Contracts Up to $500,000

ASF + DSF

Total Showings

WOW: -40.0%

From Peak: -46.6%

Pending

WOW: -15.7%

From Peak: -25.3%

Showings to Contracts

WOW: -28.9%

From Peak: -28.5%

Days Until Balanced Market Up to $500,000

ASF + DSF

Days until Equilibrium

WOW: -26.2%

From Peak: -42.2%

* A market in balance between buyer and seller is defined as 6.0 months of inventory

$500,000 - $1,000,000

Market Response Tracking $500,000 - $1,000,000

ASF + DSF

Predictive MSI

WOW: +41.9%

From Peak: +79.6%

Avg Daily Active

WOW: +11.4%

From Peak: +21.1

New Listings

WOW:-0.4%

From Peak:-7.2%

Back on Market

WOW: +29.5%

From Peak: +108.5%

Expired

WOW: +8.6%

From Peak: +14.5%

Withdrawn

WOW: +79.0%

From Peak: +245.2%

Pending

WOW: -21.5%

From Peak: -35.5%

Closed

WOW: -7.5%

From Peak: -0.3%

* A market in balance between buyer and seller is defined as 6.0 months of inventory

Active vs Balanced Market $500,000 - $1,000,000

ASF + DSF

Avg Daily Active

WOW: +11.4%

From Peak: +21.1%

Active Required for Balance

WOW: -21.5%

From Peak: -35.5%

% of Balance

WOW: +6.2%

From Peak: +9.8%

* A market in balance between buyer and seller is defined as 6.0 months of inventory

Showing Data $500,000 - $1,000,000

ASF + DSF

Total Showings

WOW: -42.8%

From Peak: -56.2%

Shows per Listing

WOW: -48.7%

From Peak: -63.7%

Shows to Contracts $500,000 - $1,000,000

ASF + DSF

Total Showings

WOW: -42.8%

From Peak: -56.2%

Pending

WOW: -21.5%

From Peak: -35.5%

Showings to Contracts

WOW: -27.2%

From Peak: -32.1%

Days Until Balanced Market $500,000 - $1,000,000

ASF + DSF

Days until Equilibrium

WOW: -31.1%

From Peak: -46.6%

* A market in balance between buyer and seller is defined as 6.0 months of inventory

$1,000,000-$1,500,000

Market Response Tracking $1,000,000 - $1,500,000

ASF + DSF

Predictive MSI

WOW:+67.6

From Peak: +210.1%

Avg Daily Active

WOW: +5.5%

From Peak: +17.0

New Listings

WOW:-32.3%

From Peak:-30.2%

Back on Market

WOW: +83.3%

From Peak: +120.0%

Expired

WOW: +25.0%

From Peak: -50.0%

Withdrawn

WOW: +85.&%

From Peak: +420.0%

Pending

WOW: -37.0%

From Peak: -63.0%

Closed

WOW: -4.2%

From Peak: -4.2 %

* A market in balance between buyer and seller is defined as 9.0 months of inventory

Active vs Balanced Market $1,000,000 - $1,500,000

ASF + DSF

Avg Daily Active

WOW: +5.5%

From Peak: +17.0%

Active Required for Balance

WOW: -37.0%

From Peak: -63.0%

% of Balance

WOW: +20.8%

From Peak: +35.4%

* A market in balance between buyer and seller is defined as 9.0 months of inventory

Showing Data $1,000,000 - $1,500,000

ASF + DSF

Total Showings

WOW: -74.4%

From Peak: -80.6%

Shows per Listing

WOW: -76.0%

From Peak: -83.3%

Shows to Contracts $1,000,000 - $1,500,000

ASF + DSF

Total Showings

WOW: -74.4%

From Peak: -83.3%

Pending

WOW: -37.0%

From Peak: -63.0%

Showings to Contracts

WOW: -59.8%

From Peak: -47.3%

Days Until Balanced Market $1,000,000-$1,500,000

ASF + DSF

Days until Equilibrium

WOW: -48.7%

From Peak: -76.4%

* A market in balance between buyer and seller is defined as 9.0 months of inventory

$1,500,000-$2,000,000

Market Response Tracking $1,500,000 - $2,000,000

ASF + DSF

Predictive MSI

WOW: +22.7%

From Peak: +159.7%

Avg Daily Active

WOW: +5.2%

From Peak:+10.9

New Listings

WOW: +25.0%

From Peak:-20.0 %

Back on Market

WOW:+166.7%

From Peak: +87.5%

Expired

WOW: +50.0%

From Peak: +100.0%

Withdrawn

WOW: +400.0%

From Peak: +42.9%

Pending

WOW: -14.3%

From Peak: -57.1%

Closed

WOW: -33.3%

From Peak: -73.3%

* A market in balance between buyer and seller is defined as 12.0 months of inventory

Active vs Balanced Market $1,500,000 - $2,000,000

ASF + DSF

Avg Daily Active

WOW: +5.2%

From Peak: +10.9%

Active Required for Balance

WOW: -14.3%

From Peak: -57.2%

% of Balance

WOW: +7.2%

From Peak: +23.9%

* A market in balance between buyer and seller is defined as 12.0 months of inventory

Showing Data $1,500,000 - $2,000,000

ASF + DSF

Total Showings

WOW: -44.9%

From Peak: -67.8%

Shows per Listing

WOW: -47.6%

From Peak: -70.3%

Shows to Contracts $1,500,000 - $2,000,000

ASF + DSF

Total Showings

WOW: -44.9%

From Peak: -67.8%

Pending

WOW: -14.3%

From Peak: -57.1%

Showings to Contracts

WOW: -35.7%

From Peak: -25.0%

Days Until Balanced Market $1,500,000-$2,000,000

ASF + DSF

Days until Equilibrium

WOW: -48.0%

From Peak: -71.3%

* A market in balance between buyer and seller is defined as 12.0 months of inventory

Personal Mission Statement

I am committed to helping our clients and their buyers

and sellers complete smooth transactions, from initial

contract all the way to First American’s closing tables.

Sourcing Page

Megan Aller

First American Title Insurance Company

720-229-6641

Maller@FirstAm.com

Title insurance license: 360158

Real estate license: FA100080623, Porchlight Real Estate Group

REALTOR NRDS: 219534435

Included in this presentation include data from the following sources:

This representation is based in whole or in part on content supplied by REcolorado®, Inc. REcolorado®, Inc. does not

guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado®, Inc. may not reflect all

real estate activity in the market. Dates shown on graphs for timeframes included. Showing data from ShowingTime.