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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Withdrawn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Withdrawn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
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.
