0103 market analysis

Page 1

Eagle County Market Data January 2013 Presented by David McHugh e-PRO Kenton Hopkins MRE, CRS, GRI Benjamin Finn Land Title Guarantee Company For addional market informaon please contact us at 970-845-8053 or VBCBrokers.com


Land Title Market Analysis Historical Gross Sales Volume Eagle County 2009 - YTD. 2013 $250,000,000

$200,000,000

$150,000,000

$100,000,000

$50,000,000

$0

January

2009

February

March

2010

April

May

June

2011

July

August

2012

September

October

November

December

YTD. 2013

Compliments of: Trevor Theelke

970-748-4788

ttheelke@ltgc.com


Land Title Market Analysis by Total Transactions Eagle County Dollar Volume 2009

% of Previous Year

2010

% of Previous Year

2011

% of Previous Year

2012

% of Previous Year

January February March April May June July August September October November December

$40,487,500 $56,760,800 $59,372,400 $57,947,000 $70,751,600 $95,286,400 $59,677,500 $91,791,200 $100,847,572 $96,167,100 $82,428,395 $86,926,716

33% 27% 26% 42% 45% 51% 25% 43% 60% 57% 47% 39%

$86,864,200 $100,161,634 $131,701,100 $130,653,350 $124,810,690 $141,821,150 $88,131,800 $101,212,200 $235,695,303 $133,924,900 $113,577,217 $108,618,689

215% 176% 222% 225% 176% 149% 148% 110% 234% 139% 138% 125%

$86,162,658 $82,622,700 $131,955,600 $100,701,000 $119,819,895 $67,869,777 $48,698,653 $82,557,973 $82,858,500 $112,774,000 $124,878,900 $117,149,200

99% 82% 100% 77% 96% 48% 55% 82% 35% 84% 110% 108%

$104,492,288 $92,427,000 $89,967,800 $124,475,200 $154,113,314 $97,258,600 $73,826,150 $116,279,200 $140,283,568 $159,787,215 $135,702,340 $224,877,609

121% 112% 68% 124% 129% 143% 152% 141% 169% 142% 109% 192%

$61,119,460

58% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

YTD - TOTAL

$40,487,500

40%

$86,864,200

215%

$86,162,658

99%

$104,492,288

121%

$61,119,460

58%

167%

$1,158,048,856

167%

$1,513,490,284

131%

$61,119,460

4%

2013

% of Previous Year

Month

Annual Totals $898,444,183 40% $1,497,172,233 Cop y r i g ht Š 2 0 0 9 La nd T i tl e G ua r a nte e Com p a ny . Al l r i g hts r e s e r v e d .

2013

% of Previous Year

N u mb e r o f T r a n sa c t i o n s 2009

% of Previous Year

2010

% of Previous Year

2011

% of Previous Year

2012

% of Previous Year

46 55 44 54 79 78 75 99 123 106 84 95

44% 42% 30% 46% 74% 45% 48% 90% 74% 61% 70% 93%

79 95 102 116 105 121 92 101 115 115 112 97

172% 173% 232% 215% 133% 155% 123% 102% 93% 108% 133% 102%

90 82 129 106 121 92 92 126 132 130 121 136

114% 86% 126% 91% 115% 76% 100% 125% 115% 113% 108% 140%

90 91 102 135 150 124 115 164 175 218 154 208

100% 111% 79% 127% 124% 135% 125% 130% 133% 168% 127% 153%

97

108% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

YTD - TOTAL

46

58%

79

172%

90

114%

90

100%

97

108%

Annual Totals

938

58%

1,250

133%

1,357

133%

1,726

127%

97

6%

Month January February March April May June July August September October November December

The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

VAIL The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 ph: (970) 476-2251 fax: (970) 476-4534

AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892

EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064

Compliments of: Trevor Theelke

970-748-4788

ttheelke@ltgc.com


Land Title Market Analysis by Area Eagle County January 2013 Area

All Transaction Summary Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail

$2,037,500

3.33%

4

4.12%

$509,375

$368,750

Booth Creek, The Falls

$1,780,000

2.91%

1

1.03%

$1,780,000

n/a

11th Filing, Vail Golf Course

$0

0.00%

0

0.00%

$0

$0

Vail Village

$1,025,000

1.68%

2

2.06%

$512,500

n/a

Lionshead

$4,608,000

7.54%

5

5.15%

$921,600

$725,000

Spraddle Creek

$0

0.00%

0

0.00%

$0

$0

Potato Patch

$0

0.00%

0

0.00%

$0

$0

Lionsridge, Sandstone, The Ridge, The Valley

$1,986,500

3.25%

5

5.15%

$397,300

$345,000

Cascade Village, Glen Lyon

$4,370,000

7.15%

2

2.06%

$2,185,000

n/a

Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge

$268,000

0.44%

1

1.03%

$268,000

n/a

Highland Meadows

$0

0.00%

0

0.00%

$0

$0

Intermountain, Matterhorn, Vail Village West

$1,075,000

1.76%

3

3.09%

$358,333

$370,000

Minturn, Redcliff

$1,832,500

3.00%

7

7.22%

$261,786

$250,000

Eagle Vail

$935,000

1.53%

2

2.06%

$467,500

n/a

Avon

$2,335,500

3.82%

9

9.28%

$259,500

$205,000

Mountain Star

$0

0.00%

0

0.00%

$0

$0

Wildridge

$440,000

0.72%

1

1.03%

$440,000

n/a

Beaver Creek

$4,652,347

7.61%

5

5.15%

$930,469

$765,000

Bachelor Gulch

$5,635,000

9.22%

4

4.12%

$1,408,750

$1,427,500

Arrowhead

$3,644,405

5.96%

2

2.06%

$1,822,203

n/a

Berry Creek, Singletree

$2,184,000

3.57%

3

3.09%

$728,000

$739,000

Edwards

$1,229,200

2.01%

6

6.19%

$204,867

$216,000 n/a

Homestead, South 40

$855,000

1.40%

2

2.06%

$427,500

Lake Creek, Squaw Creek

$0

0.00%

0

0.00%

$0

$0

Cordillera Valley Club

$0

0.00%

0

0.00%

$0

$0

Cordillera

$3,750,000

6.14%

3

3.09%

$1,250,000

$1,750,000

Wolcott

$0

0.00%

0

0.00%

$0

$0

Bellyache, Red Sky

$0

0.00%

0

0.00%

$0

$0

Eagle

$5,595,100

9.15%

10

10.31%

$559,510

$302,500

Gypsum

$1,649,770

2.70%

11

11.34%

$149,979

$98,000

Basalt, El Jebel and Misc. In-County

$9,231,638

15.10%

9

9.28%

$1,025,738

$497,200

Quit Claim Deeds

$0

0.00%

0

0.00%

$0

$0

TOTAL

$61,119,460

100.00%

97

100.00%

$630,098

$370,000

21

21.65%

$246,426

$183,000

(BANK SALES) $5,174,950 8.47% Co p yr i g h t Š 2 0 0 9 L a n d T i t l e Gu a r a n t e e Co m p a n y. A l l r i g h t s r e se r ve d .

The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

VAIL The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 ph: (970) 476-2251

AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892

EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064

Compliments of: Trevor Theelke

970-748-4788

ttheelke@ltgc.com


Land Title Market Analysis by Area Eagle County All Transaction Summary

YTD: Jan. 2013 Area

Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail

$2,037,500

3.33%

4

4.12%

$509,375

$368,750

Booth Creek, The Falls

$1,780,000

2.91%

1

1.03%

$1,780,000

n/a

11th Filing, Vail Golf Course

$0

0.00%

0

0.00%

#DIV/0!

$0

Vail Village

$1,025,000

1.68%

2

2.06%

$512,500

n/a $725,000

Lionshead

$4,608,000

7.54%

5

5.15%

$921,600

Spraddle Creek

$0

0.00%

0

0.00%

$0

$0

Potato Patch

$0

0.00%

0

0.00%

$0

$0

Lionsridge, Sandstone, The Ridge, The Valley

$1,986,500

3.25%

5

5.15%

$397,300

$345,000

Cascade Village, Glen Lyon

$4,370,000

7.15%

2

2.06%

$2,185,000

n/a

Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge

$268,000

0.44%

1

1.03%

$268,000

n/a

Highland Meadows

$0

0.00%

0

0.00%

$0

$0

Intermountain, Matterhorn, Vail Village West

$1,075,000

1.76%

3

3.09%

$358,333

$370,000

Minturn, Redcliff

$1,832,500

3.00%

7

7.22%

$261,786

$250,000

Eagle Vail

$935,000

1.53%

2

2.06%

$467,500

n/a

Avon

$2,335,500

3.82%

9

9.28%

$259,500

$205,000

Mountain Star

$0

0.00%

0

0.00%

$0

$0

Wildridge

$440,000

0.72%

1

1.03%

$440,000

n/a

Beaver Creek

$4,652,347

7.61%

5

5.15%

$930,469

$765,000

Bachelor Gulch

$5,635,000

9.22%

4

4.12%

$1,408,750

$1,427,500

Arrowhead

$3,644,405

5.96%

2

2.06%

$1,822,203

n/a

Berry Creek, Singletree

$2,184,000

3.57%

3

3.09%

$728,000

$739,000

Edwards

$1,229,200

2.01%

6

6.19%

$204,867

$216,000

Homestead, South 40

$855,000

1.40%

2

2.06%

$427,500

n/a

Lake Creek, Squaw Creek

$0

0.00%

0

0.00%

$0

$0

Cordillera Valley Club

$0

0.00%

0

0.00%

$0

$0

Cordillera

$3,750,000

6.14%

3

3.09%

$1,250,000

$1,750,000

Wolcott

$0

0.00%

0

0.00%

$0

$0

Bellyache, Red Sky

$0

0.00%

0

0.00%

$0

$0

Eagle

$5,595,100

9.15%

10

10.31%

$559,510

$302,500

Gypsum

$1,649,770

2.70%

11

11.34%

$149,979

$98,000

Basalt, El Jebel and Misc. In-County

$9,231,638

15.10%

9

9.28%

$1,025,738

$497,200

Quit Claim Deeds

$0

0.00%

0

0.00%

$0

$0

TOTAL

$61,119,460

100.00%

97

100.00%

$630,098

$370,000

21

21.65%

$246,426

$183,000

(BANK SALES) $5,174,950 8.47% Co p yr i g h t Š 2 0 0 9 L a n d T i t l e Gu a r a n t e e Co m p a n y. A l l r i g h t s r e se r ve d .

The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

VAIL The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 ph: (970) 476-2251

AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892

EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064

Compliments of: Trevor Theelke

970-748-4788

ttheelke@ltgc.com


Land Title Residential Cost Breakdown Eagle County R es i d enti al T r ans acti ons

Improved Residential

January 2013 Number of Transactions

Total Dollar Volume

Average Sales Price

Sale

Number of Transactions

Total Dollar Volume

Average Sales Price

40 20 4 7 1 1 0 0 0 0 0

$10,245,070 $13,971,500 $5,325,000 $12,636,752 $2,100,000 $2,975,000 $0 $0 $0 $0 $0

$256,127 $698,575 $1,331,250 $1,805,250 $2,100,000 $2,975,000 $0 $0 $0 $0 $0

Single Family Multi Family Vacant Residential Land

34 39 9

$26,481,502 $20,771,820 $2,386,438

$778,868 $532,611 $265,160

Improved Residential Total:

73

$47,253,322

$647,306

Total

82

$49,639,760

$605,363

Residential Vacant Land and Commercial Total*:

24

$13,866,138

$577,756

Sale Under $500,000 $500,001 to $1,000,000 $1,000,001 to $1,500,000 $1,500,001 to $2,000,000 $2,000,001 to $2,500,000 $2,500,001 to $3,000,000 $3,000,001 to $3,500,000 $3,500,001 to $4,000,000 $4,000,001 to $4,500,000 $4,500,001 to 5,000,000 Over $5 Million

* includes all non-improved residential transactions

Total Dollar Volume

Total Number of Transactions $500,001 to $1,000,000 28%

$1,000,001 to $1,500,000 6%

$1,000,001 to $1,500,000 13% $500,001 to $1,000,000 33% $1,500,001 to $2,000,000 30%

$1,500,001 to $2,000,000 10% Under $500,000 56%

0%

0% Under $500,000 24%

Copyright Š 2009 Land Title Guarantee Company. All rights reserved. The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

Compliments of: Trevor Theelke

970-748-4788

ttheelke@ltgc.com


Land Title Residential Cost Breakdown Eagle County R es i d enti al T r ans acti ons

Improved Residential

YTD: Jan. 2013 Number of Transactions

Total Dollar Volume

Average Sales Price

Sale

Number of Transactions

Total Dollar Volume

Average Sales Price

40 20 4 7 1 1 0 0 0 0 0

$10,245,070 $13,971,500 $5,325,000 $12,636,752 $2,100,000 $2,975,000 $0 $0 $0 $0 $0

$256,127 $698,575 $1,331,250 $1,805,250 $2,100,000 $2,975,000 $0 $0 $0 $0 $0

Single Family Multi Family Vacant Residential Land

34 39 9

$26,481,502 $20,771,820 $2,386,438

$778,868 $532,611 $265,160

Improved Residential Total:

73

$47,253,322

$647,306

Total

82

$49,639,760

$605,363

Residential Vacant Land and Commercial Total*:

24

$13,866,138

$577,756

Sale Under $500,000 $500,001 to $1,000,000 $1,000,001 to $1,500,000 $1,500,001 to $2,000,000 $2,000,001 to $2,500,000 $2,500,001 to $3,000,000 $3,000,001 to $3,500,000 $3,500,001 to $4,000,000 $4,000,001 to $4,500,000 $4,500,001 to 5,000,000 Over $5 Million

* includes all non-improved residential transactions

Total Dollar Volume

Total Number of Transactions $500,001 to $1,000,000 28%

$1,000,001 to $1,500,000 6%

$1,000,001 to $1,500,000 13% $500,001 to $1,000,000 33%

$1,500,001 to $2,000,000 30%

$1,500,001 to $2,000,000 10% Under $500,000 56%

0%

0% Under $500,000 24%

Copyright Š 2009 Land Title Guarantee Company. All rights reserved. The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

Compliments of: Trevor Theelke

970-748-4788

ttheelke@ltgc.com


Land Title Commercial Cost Breakdown Eagle County Ja n u a r y 2 0 1 3 & YTD. 2 0 1 3 Sale

Number of Transactions

Commercial Improved Commercial Vacant Development Vacant

8 4 0

Total Dollar Volume $5,154,500 $5,725,000 $0

Total 12 $10,879,500 C o py r i gh t Š 2009 L an d Ti tl e G u ar an tee C o m pan y . Al l r i gh ts r es er v ed.

Average Sales Price

YTD Number of Transactions

YTD Total Dollar Volume

YTD Average Sales Price

$644,313 $1,431,250 $0

8 4 0

$5,154,500 $5,725,000 $0

$644,313 $1,431,250 $0

$906,625

12

$10,879,500

$906,625

The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

Compliments of: Trevor Theelke

970-748-4788

ttheelke@ltgc.com


Land Title Market Analysis by Area Eagle County January 2013

Residential Summary

Area

Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail

4

5.48%

$2,037,500

4.31%

$509,375

$368,750

Booth Creek, The Falls

1

1.37%

$1,780,000

3.77%

$1,780,000

n/a

11th Filing, Vail Golf Course

0

0.00%

$0

0.00%

$0

$0

Vail Village

1

1.37%

$800,000

1.69%

$800,000

n/a

Lionshead

4

5.48%

$4,208,000

8.91%

$1,052,000

$787,500

Spraddle Creek

0

0.00%

$0

0.00%

$0

$0

Potato Patch

0

0.00%

$0

0.00%

$0

$0

Lionsridge, Sandstone, The Ridge, The Valley

4

5.48%

$1,486,500

3.15%

$371,625

$336,500

Cascade Village, Glen Lyon

2

2.74%

$4,370,000

9.25%

$2,185,000

n/a

Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge

1

1.37%

$268,000

0.57%

$268,000

n/a

Highland Meadows

0

0.00%

$0

0.00%

$0

$0

Intermountain, Matterhorn, Vail Village West

3

4.11%

$1,075,000

2.27%

$358,333

$370,000

Minturn, Redcliff

5

6.85%

$970,000

2.05%

$194,000

$176,000

Eagle Vail

2

2.74%

$935,000

1.98%

$467,500

n/a

Avon

8

10.96%

$1,785,500

3.78%

$223,188

$198,000

Mountain Star

0

0.00%

$0

0.00%

$0

$0

Wildridge

1

1.37%

$440,000

0.93%

$440,000

n/a

Beaver Creek

5

6.85%

$4,652,347

9.85%

$930,469

$765,000

Bachelor Gulch

4

5.48%

$5,635,000

11.93%

$1,408,750

$1,427,500

Arrowhead

2

2.74%

$3,644,405

7.71%

$1,822,203

n/a

Berry Creek, Singletree

3

4.11%

$2,184,000

4.62%

$728,000

$739,000

Edwards

1

1.37%

$447,000

0.95%

$447,000

n/a

Homestead, South 40

2

2.74%

$855,000

1.81%

$427,500

n/a

Lake Creek, Squaw Creek

0

0.00%

$0

0.00%

$0

$0

Cordillera Valley Club

0

0.00%

$0

0.00%

$0

$0

Cordillera

2

2.74%

$3,700,000

7.83%

$1,850,000

n/a $0

Wolcott

0

0.00%

$0

0.00%

$0

Bellyache, Red Sky

0

0.00%

$0

0.00%

$0

$0

Eagle

5

6.85%

$1,895,100

4.01%

$379,020

$355,000

Gypsum

8

10.96%

$1,582,770

3.35%

$197,846

$147,660

Basalt, El Jebel and Misc. In-County

5

6.85%

$2,502,200

5.30%

$500,440

$497,200

Quit Claim Deeds

0

0.00%

$0

0.00%

$0

$0

TOTAL

73

100.00%

$47,253,322

100.00%

$647,306

$415,000

$4,822,450

10.21%

$283,674

$210,000

(BANK SALES) 17 23.29% C o py r i gh t Š 2 0 0 9 L a n d Ti tl e G u a r a n te e C o m pa n y . A l l r i gh ts r e s e r v e d.

The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

VAIL The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 ph: (970) 476-2251

AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892

EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064

Compliments of: Trevor Theelke

970-748-4788

ttheelke@ltgc.com


Land Title Market Analysis by Area Eagle County YTD: Jan. 2013 Area

Residential Summary Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail

4

5.48%

$2,037,500

4.31%

$509,375

$368,750

Booth Creek, The Falls

1

1.37%

$1,780,000

3.77%

$1,780,000

n/a

11th Filing, Vail Golf Course

0

0.00%

$0

0.00%

$0

$0

Vail Village

1

1.37%

$800,000

1.69%

$800,000

n/a

Lionshead

4

5.48%

$4,208,000

8.91%

$1,052,000

$787,500

Spraddle Creek

0

0.00%

$0

0.00%

$0

$0

Potato Patch

0

0.00%

$0

0.00%

$0

$0

Lionsridge, Sandstone, The Ridge, The Valley

4

5.48%

$1,486,500

3.15%

$371,625

$336,500

Cascade Village, Glen Lyon

2

2.74%

$4,370,000

9.25%

$2,185,000

n/a

Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge

1

1.37%

$268,000

0.57%

$268,000

n/a

Highland Meadows

0

0.00%

$0

0.00%

$0

$0

Intermountain, Matterhorn, Vail Village West

3

4.11%

$1,075,000

2.27%

$358,333

$370,000

Minturn, Redcliff

5

6.85%

$970,000

2.05%

$194,000

$176,000

Eagle Vail

2

2.74%

$935,000

1.98%

$467,500

n/a

Avon

8

10.96%

$1,785,500

3.78%

$223,188

$198,000

Mountain Star

0

0.00%

$0

0.00%

$0

$0

Wildridge

1

1.37%

$440,000

0.93%

$440,000

n/a

Beaver Creek

5

6.85%

$4,652,347

9.85%

$930,469

$765,000

Bachelor Gulch

4

5.48%

$5,635,000

11.93%

$1,408,750

$1,427,500

Arrowhead

2

2.74%

$3,644,405

7.71%

$1,822,203

n/a

Berry Creek, Singletree

3

4.11%

$2,184,000

4.62%

$728,000

$739,000

Edwards

1

1.37%

$447,000

0.95%

$447,000

n/a

Homestead, South 40

2

2.74%

$855,000

1.81%

$427,500

n/a

Lake Creek, Squaw Creek

0

0.00%

$0

0.00%

$0

$0

Cordillera Valley Club

0

0.00%

$0

0.00%

$0

$0

Cordillera

2

2.74%

$3,700,000

7.83%

$1,850,000

n/a

Wolcott

0

0.00%

$0

0.00%

$0

$0

Bellyache, Red Sky

0

0.00%

$0

0.00%

$0

$0

Eagle

5

6.85%

$1,895,100

4.01%

$379,020

$355,000

Gypsum

8

10.96%

$1,582,770

3.35%

$197,846

$147,660

Basalt, El Jebel and Misc. In-County

5

6.85%

$2,502,200

5.30%

$500,440

$497,200

Quit Claim Deeds

0

0.00%

$0

0.00%

$0

$0

TOTAL

73

100.00%

$47,253,322

100.00%

$647,306

$415,000

$4,822,450

10.21%

$283,674

$210,000

(BANK SALES) 17 23.29% C o py r i gh t Š 2 0 0 9 L a n d Ti tl e G u a r a n te e C o m pa n y . A l l r i gh ts r e s e r v e d.

The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

VAIL The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 ph: (970) 476-2251

AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892

EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064

Compliments of: Trevor Theelke

970-748-4788

ttheelke@ltgc.com


Land Title Market Snapshot by Area Eagle County January: Full Year 2012 versus YTD. 2013 Average Price Residential Land

Average Price Residential Land

2012

2013

Area

Average Price Single Family

Bighorn, East Vail

$1,341,201.00

$1,075,000

-20%

$401,466.00

$320,833

-20%

$0

$0

0%

Booth Creek, The Falls

$1,696,667.00

$1,780,000

5%

$428,667.00

$0

N/A

$1,000,000

$0

N/A

2012

% Change vs. Average Price Multi- Average Price Multi- % Change vs. Average Price Previous Previous Single Family 2013 Year-to-Date Family 2012 Family 2013 Year-to-Date

% Change vs. Previous Year-to-Date

11th Filing, Vail Golf Course

$3,206,250.00

$0

N/A

$1,207,813.00

$0

N/A

$0

$0

0%

Vail Village

$7,356,936.00

$0

N/A

$2,154,518.00

$800,000

-63%

$0

$0

0%

Lionshead

$5,150,000.00

$0

N/A

$2,655,595.00

$1,052,000

-60%

$4,150,000

$0

N/A

Spraddle Creek

$0.00

$0

0%

$0.00

$0

0%

$3,492,000

$0

N/A

Potato Patch

$1,123,000.00

$0

N/A

$1,000,275.00

$0

N/A

$0

$0

0%

Lionsridge, Sandstone, The Ridge, The Valley

$1,372,650.00

$0

N/A

$436,280.00

$371,625

-15%

$816,667

$500,000

-39%

Cascade Village, Glen Lyon

$3,386,643.00

$2,185,000

-35%

$2,005,600.00

$0

N/A

$0

$0

0%

Buffer Creek, Vail Das Schone, Vail Heights, Vail Ridge

$956,667.00

$0

N/A

$366,885.00

$268,000

-27%

$0

$0

0%

Highland Meadows

$1,262,500.00

$0

N/A

$2,300,000.00

$0

N/A

$267,500

$0

N/A

Intermountain, Matterhorn, Vail Village West

$925,417.00

$0

N/A

$389,023.00

$358,333

-8%

$380,000

$0

N/A

Minturn, Redcliff

$296,516.00

$202,750

-32%

$314,200.00

$159,000

-49%

$0

$0

0%

Eagle-Vail

$615,283.00

$650,000

6%

$271,830.00

$285,000

5%

$224,000

$0

N/A N/A

Avon

$1,833,333.00

$0

N/A

$297,331.00

$223,188

-25%

$775,000

$0

Mountain Star

$5,500,000.00

$0

N/A

$0.00

$0

0%

$1,212,500

$0

N/A

Wildridge

$685,212.00

$440,000

-36%

$393,386.00

$0

N/A

$356,300

$0

N/A N/A

Beaver Creek

$3,878,250.00

$1,717,347

-56%

$1,659,184.00

$733,750

-56%

$1,800,000

$0

Bachelor Gulch

$7,595,556.00

$0

N/A

$1,884,900.00

$1,408,750

-25%

$0

$0

0%

Arrowhead

$2,312,027.00

$1,822,203

-21%

$828,969.00

$0

N/A

$0

$0

0%

Berry Creek, Singletree

$703,591.00

$728,000

3%

$396,222.00

$0

N/A

$197,500

$0

N/A

Edwards

$383,111.00

$0

N/A

$235,676.00

$447,000

90%

$0

$0

0%

Homestead, South Forty

$620,793.00

$515,000

-17%

$331,000.00

$340,000

3%

$100,000

$0

N/A

Lake Creek, Squaw Creek

$2,798,520.00

$0

N/A

$630,400.00

$0

N/A

$479,667

$0

N/A

Cordillera Valley Club

$1,219,900.00

$0

N/A

$0.00

$0

0%

$225,000

$0

N/A

Cordillera

$1,496,185.00

$1,850,000

24%

$0.00

$0

0%

$164,091

$50,000

-70% N/A

Wolcott

$548,625.00

$0

N/A

$0.00

$0

0%

$96,200

$0

Bellyache, Red Sky

$1,138,864.00

$0

N/A

$0.00

$0

0%

$333,300

$0

N/A

Eagle

$435,025.00

$430,025

-1%

$193,024.00

$175,000

-9%

$296,909

$40,000

-87% -64%

Gypsum

$264,681.00

$228,742

-14%

$108,630.00

$105,160

-3%

$61,297

$22,333

Basalt, El Jebel & Misc. In-County

$589,022.00

$500,440

-15%

$312,413.00

$0

N/A

$408,086

$576,479

41%

Gross Live Average:

$1,042,750.00

$778,868

-25%

$775,323.00

$532,611

-31%

$388,551

$265,160

-32%

Please note: The above figures are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate. Sales belived to be inaccurate indicators of the market have been eliminated. Full Interest, Fee Simple, Arms-Length transactions only, are shown in the Snapshot Report.

C o p y ri g h t Š 2011, L an d T i t l e G u aran t ee. A l l R i g h t s R es erv ed .

Compliments of: Trevor Theelke

970-748-4788

ttheelke@ltgc.com


Land Title Market Snapshot by Area Eagle County January: Full Year 2012 versus YTD. 2013 Area

Average PPSF Single Family

Bighorn, East Vail

$439.40

$420.58

-4%

$368.49

$413.80

Booth Creek, The Falls

$483.26

$436.92

-10%

$243.60

$0.00

2012

Average PPAC Residential Land

Average PPAC Residential Land

2012

2013

12%

$0

$0

0%

N/A

$2,564,103

$0

N/A 0%

% Change vs. Average PPSF Multi- Average PPSF Multi- % Change vs. Average PPSF Previous Previous Single Family 2013 Year-to-Date Family 2012 Family 2013 Year-to-Date

% Change vs. Previous Year-to-Date

11th Filing, Vail Golf Course

$818.08

$0.00

N/A

$643.83

$0.00

N/A

$0

$0

Vail Village

$1,562.19

$0.00

N/A

$1,313.22

$877.19

-33%

$0

$0

0%

Lionshead

$1,699.30

$0.00

N/A

$1,307.42

$860.07

-34%

$11,592,179

$0

N/A

Spraddle Creek

$0.00

$0.00

0%

$0.00

$0.00

0%

$1,853,503

$0

N/A

Potato Patch

$385.26

$0.00

N/A

$382.13

$0.00

N/A

$0

$0

0%

Lionsridge, Sandstone, The Ridge, The Valley

$413.40

$0.00

N/A

$373.67

$321.06

-14%

$796,581

$5,000,000

528%

Cascade Village, Glen Lyon

$802.00

$924.30

15%

$940.29

$0.00

N/A

$0

$0

0%

Buffer Creek, Vail Das Schone, Vail Heights, Vail Ridge

$423.15

$0.00

N/A

$316.87

$380.14

20%

$0

$0

0%

Highland Meadows

$322.67

$0.00

N/A

$487.91

$0.00

N/A

$164,211

$0

N/A

Intermountain, Matterhorn, Vail Village West

$379.00

$0.00

N/A

$295.82

$246.25

-17%

$670,529

$0

N/A

Minturn, Redcliff

$188.57

$191.62

2%

$200.25

$216.33

8%

$0

$0

0%

Eagle-Vail

$228.59

$238.62

4%

$190.52

$236.71

24%

$556,674

$0

N/A N/A

Avon

$317.20

$0.00

N/A

$245.66

$241.28

-2%

$133,162

$0

Mountain Star

$703.21

$0.00

N/A

$0.00

$0.00

0%

$440,453

$0

N/A

Wildridge

$207.89

$191.39

-8%

$209.54

$0.00

N/A

$397,562

$0

N/A

Beaver Creek

$598.45

$324.21

-46%

$700.73

$596.65

-15%

$1,304,348

$0

N/A

Bachelor Gulch

$902.65

$0.00

N/A

$780.93

$737.05

-6%

$0

$0

0%

Arrowhead

$458.79

$475.41

4%

$476.89

$0.00

N/A

$0

$0

0%

Berry Creek, Singletree

$253.43

$281.96

11%

$236.76

$0.00

N/A

$519,737

$0

N/A

Edwards

$188.59

$0.00

N/A

$271.56

$197.18

-27%

$0

$0

0%

Homestead, South Forty

$213.84

$156.44

-27%

$206.48

$152.67

-26%

$476,190

$0

N/A

Lake Creek, Squaw Creek

$683.08

$0.00

N/A

$228.34

$0.00

N/A

$63,835

$0

N/A

Cordillera Valley Club

$281.48

$0.00

N/A

$0.00

$0.00

0%

$256,849

$0

N/A

Cordillera

$282.55

$229.44

-19%

$0.00

$0.00

0%

$84,236

$14,654

-83%

Wolcott

$130.59

$0.00

N/A

$0.00

$0.00

0%

$2,405

$0

N/A

Bellyache, Red Sky

$238.89

$0.00

N/A

$0.00

$0.00

0%

$98,255

$0

N/A

Eagle

$159.98

$168.39

5%

$139.31

$188.98

36%

$110,843

$158,103

43%

Gypsum

$109.86

$96.05

-13%

$77.85

$82.26

6%

$53,436

$68,012

27%

Basalt, El Jebel & Misc. In-County

$217.20

$231.52

7%

$222.58

$0.00

N/A

$151,819

$7,949

-95%

Gross Live Average:

$273.55

$266.07

-3%

$454.20

$420.09

-8%

$334,775

$600,071

79%

Please note: The above figures are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate. Sales belived to be inaccurate indicators of the market have been eliminated. Full Interest, Fee Simple, Arms-Length transactions only, are shown in the Snapshot Report.

C o p y ri g h t Š 2011, L an d T i t l e G u aran t ee. A l l R i g h t s R es erv ed .

Compliments of: Trevor Theelke

970-748-4788

ttheelke@ltgc.com


Land Title Market Highlights Eagle County Purchaser Abstract: January 2013: Eagle County

Local

All Sales: January 2013

2

Origin of Buyer Front Range

27 49

Out of State: Domestic

19 International

YTD: Jan. 2013 - Eagle County

27

Local

2

% Overall

49

51%

Front Range

19

20% 28%

Out of State: Domestic

27

International

2

2%

T o t al S ales

97

100%

All Sales: YTD: Jan. 2013 # of Trans.

% Overall

Local

Origin of Buyer

49

51%

Out of State: Domestic

Front Range

19

20%

Out of State: Domestic

27

28%

International

International T o t al S ales

2 97

2% 100%

Front Range

49 19

# of Trans.

Local

Market Highlights: Highest Priced Residential Sale: January 2013 Price $2,975,000

Area Vail

PPSF $1,236

Highest PSF Residential Sale: January 2013 Price

Area

PPSF

$1,995,000

Vail

$1,310

Compliments of: Trevor Theelke

970-748-4788

ttheelke@ltgc.com

Bank Sales Detail: January 2013 Price $90,450 $415,000

Legal Gypsum Basalt

PPSF $55 $119

$238,500

Vail

$354

$149,500 $176,000 $210,000 $183,000 $355,000 $155,000 $241,000 $383,000 $386,000 $447,000 $160,000 $250,000 $60,000 $50,000

Avon Minturn Basalt Gypsum Eagle Avon Gypsum Gypsum Eagle Edwards Avon Minturn Red Cliff Edwards

$195 $253 $390 $102 $117 $202 $90 $153 $103 $197 $208 $0 $47 $0


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.