3, 2,68 2,5 2,43 2,18 2, Douglas County Property 1,856 1,5 Foreclosure 1,258 1, Report 21 8 912 1,64 992 1,62 1,51 1,279 652 5 415 212 27 2 21 22 23 24 25 26 27 28 29 21 Page 1 of 12
Table of contents PAGE Douglas County foreclosure quick facts 3 Definitions and notes 4 Monthly foreclosure filings 5 Monthly foreclosure sales 6 Quarterly foreclosure filings and sales 7 Annual foreclosure filings and sales 8 Denver Metro Area foreclosure filings and sales 9 Foreclosure filings property type 1 Geographic summaries by master plan area 11 Zip code summaries 12 foreclosures 3/2/21 Page 2 of 12
Douglas County foreclosure quick facts SUMMARY FACTS Number of foreclosure filings in Douglas County in 21 2,43 Number of foreclosure sales in Douglas County in 21 1,279 Annual growth rate in foreclosure filings -1.3% Annual growth rate foreclosure sales 21.7% Douglas County share of Denver Metro Area foreclosure filings 1.5% Residential share of all foreclosure filings in Douglas County 96.8% Vacant land share of all foreclosure filings in Douglas County 2.4% Commercial, Office, and Industrial share of all foreclosure filings in Douglas County.8% foreclosures 2/18/211 Page 3 of 12
Definitions and notes ACRONYMS APT = Apartments COI = Commercial, Office, and Industrial CONDO = Condominium MFRES = Multifamily residential RES = Residential SFRES = Single family residential TWNHS = Townhouse CMP = Comprehensive Master Plan PUA = Primary Urban Area CPSUA = Castle Pines Separated Urban Area PINSUA = Pinery Separated Urban Area ROXSUA = Roxborough Separated Urban Area MPAs = Municipal Planning Areas INC = Incorporated area UNINC = Unincorporated area NOTES Foreclosure filings are election and demand notices, or the initial foreclosure notice, and do not represent the number of foreclosures that have actually gone to sale. Foreclosure sales are those foreclosed properties that have gone to auction sale. The Denver Metro Area here refers to the 7-county Denver Metro Area, including Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, and Jefferson counties. Castle Pines, Castle Rock, Larkspur, Lone Tree, and Parker are entirely within Douglas County. Aurora and Littleton are only partially within Douglas County. The numbers shown here for Aurora and Littleton represent only the portions of those municipalities that are in Douglas County. The unincorporated subdivisions of Stonegate, Cottonwood, Cottonwood South, and Compark are included in the PUA rather than the PARMPA. "Single family" housing (SFRES) refers to all single family detached housing. Housing that is sometimes referred to as single family attached units are all included in the multifamily housing type. "Multifamily" housing (MFRES) includes all single family attached units, townhouses, condos, duplexes, triplexes, and apartments. The term "townhouses" includes townhouses, duplexes, and triplexes. Detached single occupancy condominiums are included in multifamily residential because of the nature of their collective ownership. Urban refers to those bulk geographic areas designated for urban density in the Douglas County CMP. The Urban designations include the PUA, all SUAs, all MPAs, and all the incorporated areas. foreclosures 2/18/211 Page 4 of 12
Monthly foreclosure filings Election and demand notices are the initial foreclosure filings and do not represent the number of foreclosures that actually have gone to sale. Foreclosure sales are illustrated on a later page. Foreclosure filings reached a new high in August 29 with 284 election and demand notices in one month. The upward trend in foreclosure filings had been accelerating since the latter part of 26. Foreclosure filings in 21, totaling 2,43 filings, were 1% lower than in 29. 35 3 25 2 15 1 29 & 21 ELECTION AND DEMAND NOTICES 19 237 194 277 231 239 199 266 222 259 284 233 219 21 141 191 136 26 162 183 185 171 185 272 MONTHLY FORECLOSURE FILINGS 5 27 28 29 21 JANUARY 98 229 19 141 FEBRUARY 82 22 191 237 MARCH 148 234 194 277 29 21 APRIL 165 191 239 231 MAY 23 21 199 136 JUNE 129 169 266 26 MONTHLY AVERAGES JULY 148 176 222 162 AUGUST 161 111 284 259 SEPTEMBER 123 53 233 183 OCTOBER 161 225 219 185 NOVEMBER 274 122 171 21 DECEMBER 164 258 272 185 ANNUAL 1,856 2,18 2,68 2,43 GROWTH 37.9% 17.5% 22.9% -1.3% 25 2 15 1 5 MONTHLY FORECLOSURE FILINGS (ELECTION AND DEMAND) 3 25 2 15 1 5 JAN3 APR3 JUL3 OCT3 JAN4 APR4 JUL4 OCT4 JAN5 APR5 JUL5 OCT5 JAN6 APR6 JUL6 OCT6 JAN7 APR7 JUL7 OCT7 JAN8 APR8 JUL8 OCT8 JAN9 APR9 JUL9 OCT9 JAN1 APR1 JUL1 OCT1 JAN FEB MAR APR MAY JUN 223 2 182 155 15 76 25 26 27 28 29 21 JUL AUG SEP OCT NOV DEC foreclosures 2/18/211 Page 5 of 12
Monthly foreclosure sales The number of properties in Douglas County going to foreclosure sale maintained a relatively constant pace from 26 to 29. In 21, sales increased 22%, showing a monthly average of 17 sales. That's the highest foreclosure sales volume seen in the County. MONTHLY FORECLOSURE SALES 27 28 29 21 JANUARY 99 22 59 124 FEBRUARY 71 84 117 121 MARCH 58 34 43 127 APRIL 55 41 89 118 MAY 12 71 92 87 JUNE 99 88 85 118 JULY 98 93 12 12 AUGUST 1 93 7 18 SEPTEMBER 83 11 88 128 OCTOBER 93 124 15 9 FORECLOSURE SALES NOVEMBER 87 67 98 82 DECEMBER 47 64 13 74 MONTHLY AVERAGES ANNUAL 992 1,62 1,51 1,279 GROWTH 28.1% 7.1% -1.% 21.7% 14 12 1 8 6 4 2 12 1 8 6 4 2 124 59 JAN 69 121 117 FEB 127 43 MAR 118 89 APR 92 87 MAY 118 85 JUN 12 12 JUL 18 7 AUG 29 21 128 88 SEP 89 83 89 88 15 9 OCT 98 82 NOV 17 25 26 27 28 29 21 13 74 DEC MONTHLY FORECLOSURE SALES 25 2 15 1 5 JAN5 MAR5 MAY5 JUL5 SEP5 NOV5 JAN6 MAR6 MAY6 JUL6 SEP6 NOV6 JAN7 MAR7 MAY7 JUL7 SEP7 NOV7 JAN8 MAR8 MAY8 JUL8 SEP8 NOV8 JAN9 MAR9 MAY9 JUL9 SEP9 NOV9 JAN1 MAR1 MAY1 JUL1 SEP1 NOV1 foreclosures 2/17/211 Page 6 of 12
Quarterly foreclosure filings and sales Looking at foreclosure activity in Douglas County on a quarterly basis emphasizes the acceleration of the foreclosure filings trend in contrast to the relative stability of the foreclosure sales trend. Foreclosure filings peaked in 29 at a quarterly average of 67 filings per quarter, then dropped to 61 per quarter in 21. Foreclosure sales were flat from 26 to 29 on a quarterly average basis, but rose to 32 sales per quarter in 21. QUARTERLY FORECLOSURE FILINGS Q1 Q2 Q3 Q4 AVE 23 111 29 167 165 163 QUARTERLY AVERAGES 24 233 23 179 185 2 25 256 249 223 184 228 26 347 254 292 365 315 27 328 497 432 599 464 28 665 57 34 65 545 29 575 74 739 662 67 21 655 573 64 571 61 8 7 6 5 464 545 67 61 QUARTERLY FORECLOSURE SALES Q1 Q2 Q3 Q4 AVE 23 NA NA NA NA 24 NA NA NA NA 25 NA 217 24 23 28 26 244 33 268 249 266 27 228 256 281 227 248 28 32 2 287 255 266 29 219 266 26 36 263 21 372 323 338 246 32 4 3 2 1 315 163 2 228 32 266 248 266 263 28 23 24 25 26 27 28 29 21 FILINGS SALES QUARTERLY FORECLOSURE FILINGS (ELECTION AND DEMAND) AND SALES 8 7 6 5 497 432 599 665 57 65 575 74 739 662 655 573 64 571 4 3 2 1 111 29 167 165 233 23 179 185 256 249 217 223 24 184 23 347 244 254 33 292 268 365 249 328 228 256 281 227 32 2 34 287 255 219 266 26 36 372 323 338 246 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 4Q26 1Q27 2Q27 3Q27 4Q27 1Q28 2Q28 3Q28 4Q28 1Q29 2Q29 3Q29 4Q29 1Q21 2Q21 3Q21 4Q21 FILINGS SALES foreclosures 2/18/211 Page 7 of 12
Annual foreclosure filings and sales There were 2,43 foreclosure filings and 1,279 foreclosure sales in Douglas County during 21. Foreclosure filings in 21 were down 1% from the level recorded in 29. Foreclosure sales in 21 were up 27% from the level seen in 29. Foreclosure filings in Douglas County were 1,33% higher in 21 than that experienced in the year 2. The volume of foreclosure filings recorded in Douglas County in 21 made up 18% of all the foreclosure filings registered since the year 2. 21 17.6% SHARES OF FILINGS SINCE 2 2 1.6% 21 2.% 22 3.% 23 4.8% 24 5.9% ANNUAL FORECLOSURE FILINGS AND SALES FILINGS GROWTH SALES GROWTH 25 6.7% 2 212 NA 21 27 27.4% NA 22 415 53.7% NA 23 652 57.1% NA 29 19.7% 26 9.2% 24 8 22.7% NA 25 912 14.% NA 26 1,258 37.9% 1,64 27 1,856 47.5% 992-6.8% 28 2,18 17.5% 1,62 7.1% 29 2,68 22.9% 1,51-1.% 21 2,43-1.3% 1,279 21.7% 28 16.% 27 13.6% ANNUAL FORECLOSURE FILINGS (ELECTION AND DEMAND) AND SALES 3, 2,68 2,5 2,18 2,43 2, 1,856 1,5 1,258 1, 5 212 27 415 652 8 912 1,64 992 1,62 1,51 1,279 2 21 22 23 24 25 26 27 28 29 21 FILINGS SALES foreclosures 2/18/211 Page 8 of 12
Denver Metro Area foreclosure filings and sales During 21, a total of 1% of all the foreclosure filings in the 7-county Denver Metro Area were located in Douglas County. The County also posted 1% of the foreclosure sales in the Denver Metro Area in 21. 21 FORECLOSURE FILINGS JEFFERSON 16.5% ADAMS 2.9% 6% 5% 4% 3% 2% 1% ANNUAL CHANGES IN FORECLOSURE FILINGS 22.7% 26.8% 23.8% 14.% 3.% 29.6% 37.9% 35.2% 3.5% 48.3% 39.6% 4.4% 16.9% 22.9% 6.8% 18.% DOUGLAS 1.5% ARAPAHOE 23.5% % -1% -2% 23-24 24-25 25-26 26-27 27-28 -8.5% -1.5% 28-29 DOUGLAS COUNTY DENVER METRO COLORADO 29-21 -8.5% -11.7% -8.% DENVER 21.6% SOURCE: DIVISION OF HOUSING, COLORADO DEPARTMENT OF LOCAL AFFAIRS SOURCE: DIVISION OF HOUSING, COLORADO DEPARTMENT OF LOCAL AFFAIRS FORECLOSURE FILINGS BROOMFIELD 1.3% BOULDER 5.8% 27 28 29 21 ADAMS 6,246 5,558 5,647 4,891 ARAPAHOE 6,259 5,876 6,233 5,5 BOULDER 1,9 1,41 1,437 1,352 BROOMFIELD 246 273 337 296 ANNUAL CHANGES IN FORECLOSURE SALES DENVER 7,99 6,212 6,141 5,53 DOUGLAS 1,865 2,18 2,68 2,452 JEFFERSON 3,588 3,669 4,27 3,849 METRO AREA 27,122 24,89 26,52 23,393 STATE 39,92 39,333 46,394 42,692 FORECLOSURE SALES 27 28 29 21 ADAMS 4,454 3,429 2,739 2,856 ARAPAHOE 4,177 3,376 2,84 3,212 BOULDER 577 469 499 616 BROOMFIELD 154 121 121 148 DENVER 5,79 4,362 3,18 2,88 DOUGLAS 992 1,69 1,51 1,279 JEFFERSON 2,18 1,754 1,643 2,7 METRO AREA 17,613 14,58 12,1 12,998 STATE 25,54 21,36 2,437 23,891 SOURCE: DIVISION OF HOUSING, COLORADO DEPARTMENT OF LOCAL AFFAIRS Douglas County has shown higher annual rates of growth in foreclosure filings than the overall Denver Metro Area and the State for five years in a row. In 26, only 6% of the foreclosure filings in the 7-county Denver Metro Area were in Douglas County. By 29 that number had grown to 1% of all foreclosure filings. Similarly, the Douglas County share of all foreclosure sales in the 7-county Denver Metro Area in 27 stood at 6%. By 21, that share had grown to 1%. 25% 2% 15% 1% 5% % -5% -1% -15% -2% 23-24 24-25 25-26 26-27 SOURCE: DIVISION OF HOUSING, COLORADO DEPARTMENT OF LOCAL AFFAIRS 7.8% 27-28 -17.2% -15.% -1.7% 28-29 -17.7% -4.1% 21.7% DOUGLAS COUNTY DENVER METRO COLORADO 8.3% 16.9% 29-21 foreclosures 2/18/211 Page 9 of 12
Foreclosure filings property type A total of 97% of all the foreclosure filings during 29 in Douglas County were residential properties. Another 2% were various types of vacant land and 1% were commercial, office, or industrial properties. 21 FORECLOSURE FILINGS BY PROPERTY TYPE RES 96.8% 3, 2,5 2, 1,5 1, 5 RESIDENTIAL FORECLOSURE TRENDS 2,573 2,325 2,132 1,846 27 28 29 21 LAND 2.4% COI.8% Residential foreclosure filings declined at a 9.6% rate from 29 to 21, slightly less than the overall 1.3% reduction for all foreclosure filings. 21 RESIDENTIAL FORECLOSURE FILINGS CONDO 9.% TWNHS 4.% COI FORECLOSURE SQUARE FOOTAGE TRENDS 6, 5, 4, 3, 53,355 265,452 SFRES 87.1% 2, 1, 14,275 91,759 27 28 29 21 Single family residences made up 87% of all residential foreclosure filings in Douglas County during 21. Condominiums comprised 9% and townhouses represented 4%. In 21 there were 58 vacant land foreclosure filings. Of those, 5 were single family residential lots, 1 was a commercial lot and the rest were small representations in other categories. Commercial, office, and industrial property foreclosures with an existing building on the property grew from 2 filings in 27 to 21 filings in 29, then dropped to 19 in 21. 9 8 7 6 5 4 3 2 1 VACANT LAND FORECLOSURE TRENDS 83 58 37 8 27 28 29 21 foreclosures 2/18/211 Page 1 of 12
Geographic summaries by master plan area A total of 47% of all foreclosure filings in Douglas County during 21 were located in the incorporated cities and towns whereas the incorporated areas comprise only 4% of the total housing stock of the County. The unincorporated area contained 53% of all foreclosure filings but has 6% of all housing stock in the County. DISTRIBUTION BY JURISDICTION During 21, 91% of all foreclosure filings were located in urban areas and 9% in nonurban areas. DISTRIBUTION BY URBAN AREA NONURBAN 9.% INC 46.8% UNINC 53.2% URBAN 91.% Similarly, the PUA had 32% of the foreclosure filings during 21 but contains 41% of all the housing stock in the County. A total of 24% of all foreclosure filings during 21 were located in Castle Rock and 18% in Parker. Those incorporated towns contain 17% and 15%, respectively, of all the housing stock in the County. FORECLOSURE FILINGS BY MASTER PLAN AREA SHARE OF ALL FORECLOSURE HOUSING FCLSR FILINGS STOCK FILINGS SHARE PUA 41.4% 777 32.3% CHATFIELD URBAN.%.% CPSUA 1.4% 38 1.6% PINSUA 3.8% 116 4.8% ROXSUA 3.% 15 4.4% MPAs.8% 26 1.1% NONURBAN 9.9% 215 8.9% UNINC SUBTOTAL 6.3% 1277 53.1% AURORA.1%.% CASTLE PINES NORTH 3.4% 61 2.5% CASTLE ROCK 16.8% 58 24.1% LARKSPUR.1% 1.% LITTLETON.%.% LONE TREE 4.2% 57 2.4% PARKER 15.1% 426 17.7% INC SUBTOTAL 39.7% 1125 46.8% NA 1.% COUNTY TOTAL 243 foreclosures 2/18/211 Page 11 of 12
Zip code summaries 21 FORECLOSURE FILING DISTRIBUTION BY ZIP CODE 8135 1% 8138 9% 814 16% 816 % 8134 23% 818 7% 8133 % 8131 % 813 7% 8129 6% 8126 11% 8124 4% 8125 5% 819 8% 8112 1% 812 % 8116 1% 8118 2% FORECLOSURE FILINGS BY ZIP CODE 27 28 29 21 814 314 322 418 378 816 818 121 192 221 161 819 115 129 211 188 8112 6 12 17 15 8116 22 24 51 33 8118 37 5 6 47 812 8124 72 89 133 96 8125 17 97 136 121 8126 23 25 247 255 8129 124 96 145 149 813 12 144 165 169 8131 1 1 1 8133 1 8134 45 585 635 559 8135 2 23 3 24 8138 144 27 27 25 NA 5 3 1 TOTAL 1,856 2,18 2,68 2,43 At 23%, the 8134 zip code had the largest share of foreclosure filings in Douglas County during 21. The 814 zip code has the second highest share with 16% of the foreclosure filings. foreclosures 2/18/211 Page 12 of 12