APRIL2019 Pueblo Metro · Pueblo Home Values Current: $168,900 Monthly Change: -0.2% Quarterly...

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www.zillow.com/research/ APRIL2019 Pueblo Metro National Home Values Current: $226,800 Monthly Change: -0.1% Quarterly Change: 0.4% Annual Change: 6.1% Negative Equity*: 8.2% Pueblo Home Values Current: $168,900 Monthly Change: -0.2% Quarterly Change: 0.7% Annual Change: 12.2% Negative Equity*: 6.5% Home Values Forecast (next 12 months) National: 2.8% Pueblo Metro: 6.1% Major Cities - Home Values Pueblo Current: $168,900 Monthly Change: -0.1% Annual Change: 12.6% Colorado City Current: $205,400 Monthly Change: 0% Annual Change: 11.3% Rye Current: $205,300 Monthly Change: -0.8% Annual Change: 17.6% Gosport Current: $137,700 Monthly Change: -0.5% Annual Change: 11.4% Unionville Current: $237,500 Monthly Change: -0.9% Annual Change: 6.6% Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community City ZHVI Year-over-Year 12.6% 12.7% - 17.6% Home Values (ZHVI) Increasing Values: 87.6% Decreasing Values: 9.4% Fall From Peak: -0.2% Peak ZHVI Date: 2019-03 Peak ZHVI: $169,200 Rent Zillow Rent Index: $1,134 Monthly Change: 0.2% Annual Change: 1.4% Rent List Price: $1,000 Rent List/Sq. Ft.: $1 Sales Median Sale Price: $– Monthly Change: –% Annual Change: –% Sale Price/Sq. Ft.: $– Sale-to-list Price Ratio: Sold for a Loss/Gain: –%/–% Listings Median List Price: $229,500 Monthly Change: 0.2% Annual Change: 2% List Price/Sq. Ft.: $153 Listings with Price Cut: 12.2% Amount of Price Cut: 3% Foreclosures Homes Foreclosed: –/10, 000 Monthly Change: Annual Change: Foreclosure Resales: –% Monthly Change: –pp Annual Change: –pp How do we track home values? To track home values, we use the Zillow Home Value Index (ZHVI). The ZHVI is the mid-point of estimated home values for the area. Half the estimated home values are above this number and half are below. * Negative equity data is from 2018Q2.

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Page 1: APRIL2019 Pueblo Metro · Pueblo Home Values Current: $168,900 Monthly Change: -0.2% Quarterly Change: 0.7% Annual Change: 12.2% Negative Equity*: 6.5% Home Values Forecast (next

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APRIL2019 Pueblo Metro

National Home Values

Current: $226,800Monthly Change: -0.1%Quarterly Change: 0.4%Annual Change: 6.1%Negative Equity*: 8.2%

Pueblo Home Values

Current: $168,900Monthly Change: -0.2%Quarterly Change: 0.7%Annual Change: 12.2%Negative Equity*: 6.5%

Home Values Forecast

(next 12 months)

National: 2.8%Pueblo Metro: 6.1%

Major Cities - Home Values

PuebloCurrent: $168,900Monthly Change: -0.1%Annual Change: 12.6%

Colorado CityCurrent: $205,400Monthly Change: 0%Annual Change: 11.3%

RyeCurrent: $205,300Monthly Change: -0.8%Annual Change: 17.6%

GosportCurrent: $137,700Monthly Change: -0.5%Annual Change: 11.4%

UnionvilleCurrent: $237,500Monthly Change: -0.9%Annual Change: 6.6%

Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community

City ZHVI Year-over-Year12.6% 12.7% - 17.6%

Home Values (ZHVI)Increasing Values: 87.6%Decreasing Values: 9.4%Fall From Peak: -0.2%Peak ZHVI Date: 2019-03Peak ZHVI: $169,200

RentZillow Rent Index: $1,134Monthly Change: 0.2%Annual Change: 1.4%

Rent List Price: $1,000Rent List/Sq. Ft.: $1

SalesMedian Sale Price: $–Monthly Change: –%Annual Change: –%

Sale Price/Sq. Ft.: $–Sale-to-list Price Ratio: –Sold for a Loss/Gain: –%/–%

ListingsMedian List Price: $229,500Monthly Change: 0.2%Annual Change: 2%

List Price/Sq. Ft.: $153Listings with Price Cut: 12.2%Amount of Price Cut: 3%

ForeclosuresHomes Foreclosed: –/10, 000Monthly Change: –Annual Change: –

Foreclosure Resales: –%Monthly Change: –ppAnnual Change: –pp

How do we track home values? Totrack home values, we use the ZillowHome Value Index (ZHVI). The ZHVI isthe mid-point of estimated home valuesfor the area. Half the estimated homevalues are above this number and halfare below.

* Negative equity data is from 2018Q2.

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APRIL2019

*The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods and ZIP codes may be

available online at www.zillow.com/research/data by emailing [email protected]

Zillow Research:Zillow R© is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the placethey call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics andanalytics bureau led by Zillow’s Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housingdata and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price ExpectationsSurvey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow HomeValue Index over the next five years. Zillow also sponsors the bi-annual Zillow Housing Confidence Index (ZHCI) which measures consumer confidence inlocal housing markets, both currently and over time. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z), andheadquartered in Seattle.

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Largest Cities Covered by Zillow

Hom

eValues-ZHVI($)

ZHVIMoM

(%)

ZHVIQoQ

(%)

ZHVIYoY

(%)

ZHVIPeak($)

PeakMon

th

Change

from

Peak(%

)

Rents-ZRI($)

ZRIMoM

(%)

ZRIQoQ

(%)

ZRIYoY

(%)

ForecastYoY

(%)

NegativeEquity(%

)

Avondale 1,045 0.1 2.1 1 0Beulah 1,272 0.6 1.8 -4.5 4.2Colorado City 205,400 0 0 11.3 205,500 2019-01 0 1,290 0 0.5 -2.9 4.7Pueblo 168,900 -0.1 1 12.6 169,100 2019-03 -0.1 1,137 0.2 0.5 1.7 6.5 6.5Rye 205,300 -0.8 1.7 17.6 207,100 2019-02 -0.9 1,206 0.2 0.2 -6.5 8.4 0

Largest Counties Covered by Zillow

Hom

eValues-ZHVI($)

ZHVIMoM

(%)

ZHVIQoQ

(%)

ZHVIYoY

(%)

ZHVIPeak($)

PeakMon

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Peak(%

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Rents-ZRI($)

ZRIMoM

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NegativeEquity(%

)

Pueblo County 168,900 -0.2 0.7 12.2 169,200 2019-03 -0.2 1,134 0.2 0.5 1.4 6.1