E gle C Eag Cou unty M Marrkett Daata Feb F bruaaryy 20 009 ‐ PRESSENTED D BY ‐ Kento on Hopkkins MR RE, CRS,, GRI D David M McHugh e‐PRO L Land Tit tle Guarantee P Please c contactt us at (970) 84 45‐8053 3 for additionaal inform mation H Highland ds Lodgge Office in Beaaver Crreek, Co olorado o
MARKET ANALYSIS Eagle County, Colorado February 2009 Month to Month Comparison by Total Dollar Volume Month January February March April May June July August September October November December
YTD - TOTAL
2006
% of Previous Year
2007
% of Previous Year
2008
% of Previous Year
2009
% of Previous Year
$138,340,500 $149,697,700 $238,965,700 $183,511,300 $257,872,000 $277,390,500 $214,424,600 $258,099,400 $259,621,200 $228,350,800 $298,677,400 $249,220,500
104% 87% 118% 81% 122% 101% 98% 110% 91% 88% 83% 112%
$173,416,500 $253,057,700 $266,688,300 $233,926,100 $301,894,600 $332,660,200 $190,341,400 $313,687,200 $260,515,200 $215,096,100 $216,475,200 $202,738,700
125% 169% 112% 127% 117% 120% 89% 122% 100% 94% 72% 81%
$124,253,400 $207,081,600 $228,388,700 $137,700,500 $158,543,900 $188,121,300 $243,432,100 $211,288,800 $169,448,700 $167,365,200 $174,144,400 $225,150,500
72% 82% 86% 59% 53% 57% 128% 67% 65% 78% 80% 111%
$40,487,500 $56,760,800
33% 27%
$288,038,200
94%
$426,474,200
148%
$331,335,000
78%
$97,248,300
29%
2009
% of Previous Year
Month to Month Comparison by Number of Transactions 2006
% of Previous Year
2007
% of Previous Year
2008
% of Previous Year
January February March April May June July August September October November December
182 186 259 233 290 326 261 292 278 269 264 275
94% 89% 83% 62% 76% 88% 80% 86% 67% 73% 64% 83%
175 273 210 221 266 286 204 285 248 181 190 149
96% 147% 81% 95% 92% 88% 78% 98% 89% 67% 72% 54%
104 131 145 117 107 172 157 110 166 175 120 102
59% 48% 69% 53% 40% 60% 77% 39% 67% 97% 63% 68%
46 55
44% 42%
YTD - TOTAL
368
92%
448
122%
235
52%
101
43%
Month
Please note: 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 108 S. Frontage Rd. W Suite 203 P O Box 357 Vail, CO 81658 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 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information
Market Analysis by Area Includes: Commercial, Residential and Vacant Land
February 2009 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
$2,450,000
4.32%
5
9.09%
$490,000
$490,000
Booth Creek, The Falls
$0
0.00%
0
0.00%
$0
$0
11th Filing, Vail Golf Course
$0
0.00%
0
0.00%
$0
$0
Vail Village
$4,014,300
7.07%
8
14.55%
$501,788
$387,500
Lionshead
Area Bighorn, East Vail
$5,950,000
10.48%
1
1.82%
$5,950,000
n/a
Spraddle Creek
$0
0.00%
0
0.00%
$0
$0
Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$0
0.00%
0
0.00%
$0
$0
$1,000,000
1.76%
1
1.82%
$1,000,000
n/a
Cascade Village, Glen Lyon
$1,200,000
2.11%
1
1.82%
$1,200,000
n/a
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$0
0.00%
0
0.00%
$0
$0
Highland Meadows
$0
0.00%
0
0.00%
$0
$0
Intermountain, Matterhorn, Vail Village West
$0
0.00%
0
0.00%
$0
$0
$255,000
0.45%
1
1.82%
$255,000
n/a
$0
0.00%
0
0.00%
$0
$0
$3,228,500
5.69%
3
5.45%
$1,076,167
$1,301,500
Minturn, Redcliff Eagle Vail Avon
$0
0.00%
0
0.00%
$0
$0
Wildridge
$1,618,500
2.85%
2
3.64%
$809,250
n/a
Beaver Creek
$10,454,000
18.42%
4
7.27%
$2,613,500
$2,772,000
Bachelor Gulch
$4,250,000
7.49%
1
1.82%
$4,250,000
n/a
Arrowhead
$10,848,500
19.11%
5
9.09%
$2,169,700
$2,000,000
Mountain Star
$985,000
1.74%
1
1.82%
$985,000
n/a
$1,326,600
2.34%
4
7.27%
$331,650
$350,800
Homestead, South 40
$0
0.00%
0
0.00%
$0
$0
Lake Creek, Squaw Creek
$0
0.00%
0
0.00%
$0
$0
$558,000
0.98%
2
3.64%
$279,000
n/a
Berry Creek, Singletree Edwards
Cordillera Valley Club
$2,845,000
5.01%
3
5.45%
$948,333
$925,000
Wolcott
$0
0.00%
0
0.00%
$0
$0
Bellyache, Red Sky
$0
0.00%
0
0.00%
$0
$0
Eagle
$4,149,800
7.31%
6
10.91%
$691,633
$481,000
Gypsum
$1,127,600
1.99%
6
10.91%
$187,933
$185,250
Cordillera
Basalt, El Jebel and Misc. In-County
TOTAL
$500,000
0.88%
1
1.82%
$500,000
n/a
$56,760,800
100.00%
55
100.00%
$1,088,740
$500,000
Please note: 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 108 S. Frontage Rd. W Suite 203 P O Box 357 Vail, CO 81658 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 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information
All Residential Transactions February 2009
Improved Residential
Eagle County, Colorado
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 Improved Residential Total: Residential Vacant Land and Commercial Total*:
Number of Transactions 8 9 3 1 1 1 1 0 2 0 2 28
Total Dollar Volume $2,921,200 $7,723,500 $3,723,000 $2,000,000 $2,500,000 $2,550,000 $3,044,000 $0 $8,350,000 $0 $11,300,000 $44,111,700
Average Sales Price $365,150 $858,167 $1,241,000 $2,000,000 $2,500,000 $2,550,000 $3,044,000 $0 $4,175,000 $0 $5,650,000 $1,575,418
27
$12,649,100
$468,485
Total Number of Transactions $1,000,001 to $1,500,000 11%
Over 2 Million 25%
Under $500,000 28%
Number of Transactions 13 15 3
Total Dollar Volume $17,229,800 $26,881,900 $1,278,000
Average Sales Price $1,325,369 $1,792,127 $426,000
Total
31
$45,389,700
$1,464,184
Total Dollar Volume
$1,500,001 to $2,000,000 4%
$500,001 to $1,000,000 32%
Sale Single Family Multi Family Vacant Residential Land
$1,500,001 to $2,000,000 5%
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Over 2 Million 63%
$1,000,001 to $1,500,000 8% $500,001 to $1,000,000 17%
Under $500,000 7%
* includes all non-improved residential transactions
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information
Bob Rulon 970-328-1462 brulon@ltgc.com
All Residential Transactions Year to Date; Year Through End - 2008 February - 2009
Improved Residential
Eagle County, Colorado
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 Improved Residential Total: Residential Vacant Land and Commercial Total*:
Number of Transactions 14 22 8 1 1 1 3 0 2 0 3 55
Total Dollar Volume $5,011,700 $17,254,500 $10,228,000 $2,000,000 $2,500,000 $2,550,000 $9,544,000 $0 $8,350,000 $0 $16,425,000 $73,863,200
Average Sales Price $357,979 $784,295 $1,278,500 $2,000,000 $2,500,000 $2,550,000 $3,181,333 $0 $4,175,000 $0 $5,475,000 $1,342,967
46
$23,385,100
$508,372
Total Number of Transactions $1,000,001 to $1,500,000 15%
$500,001 to $1,000,000 40%
Number of Transactions 28 27 7
Total Dollar Volume $33,921,300 $39,941,900 $6,073,000
Average Sales Price $1,211,475 $1,479,330 $867,571
Total
62
$79,936,200
$1,289,294
Total Dollar Volume
$1,500,001 to $2,000,000 2%
Over 2 Million 18%
Under $500,000 25%
Sale Single Family Multi Family Vacant Residential Land
$1,500,001 to $2,000,000 3%
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Over 2 Million 53%
$1,000,001 to $1,500,000 14% $500,001 to $1,000,000 23%
Under $500,000 7%
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information
Bob Rulon 970-328-1462 brulon@ltgc.com
Commercial Transactions February 2009 Eagle County, Colorado
Sale Commercial Improved Commercial Vacant Development Vacant
Number of Transactions 5 7 0
Total Dollar Volume $4,165,000 $1,769,700 $0
Average Sales Price $833,000 $252,814 $0
YTD Number of Transactions 6 16 0
YTD Total Dollar Volume $4,724,000 $3,229,200 $0
YTD Average Sales Price $787,333 $201,825 $0
Total
12
$5,934,700
$494,558
22
$7,953,200
$361,509
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information
Market Analysis by Area Includes: Includes:Commercial, Commercial,Residential Residential and and Vacant VacantLand Land Year to Date; Year Through End - 2008 February - 2009 Eagle County, County, Colorado Colorado Eagle Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
$7,935,000
8.16%
9
8.91%
$881,667
$500,000
$0
0.00%
0
0.00%
$0
$0
$962,500
0.99%
1
0.99%
$962,500
n/a
Vail Village
$13,551,800
13.94%
19
18.81%
$713,253
$325,000
Lionshead
$5,950,000
6.12%
1
0.99%
$5,950,000
n/a
Spraddle Creek
$0
0.00%
0
0.00%
$0
$0
Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$0
0.00%
0
0.00%
$0
$0
$2,180,000
2.24%
3
2.97%
$726,667
$750,000
Cascade Village, Glen Lyon
$1,200,000
1.23%
1
0.99%
$1,200,000
n/a
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$0
0.00%
0
0.00%
$0
$0
Highland Meadows
$0
0.00%
0
0.00%
$0
$0
Intermountain, Matterhorn, Vail Village West
$0
0.00%
0
0.00%
$0
$0
$255,000
0.26%
1
0.99%
$255,000
n/a
Area Bighorn, East Vail Booth Creek, The Falls 11th Filing, Vail Golf Course
Minturn, Redcliff
$385,000
0.40%
1
0.99%
$385,000
n/a
$5,366,500
5.52%
7
6.93%
$766,643
$580,000
$0
0.00%
0
0.00%
$0
$0
Wildridge
$1,618,500
1.66%
2
1.98%
$809,250
n/a
Beaver Creek
$14,074,000
14.47%
7
6.93%
$2,010,571
$2,000,000
Bachelor Gulch
$4,250,000
4.37%
1
0.99%
$4,250,000
n/a
Arrowhead
$11,928,500
12.27%
6
5.94%
$1,988,083
$1,500,000
Berry Creek, Singletree
$2,502,000
2.57%
3
2.97%
$834,000
$792,000
Edwards
Eagle Vail Avon Mountain Star
$1,885,600
1.94%
5
4.95%
$377,120
$384,000
Homestead, South 40
$0
0.00%
0
0.00%
$0
$0
Lake Creek, Squaw Creek
$0
0.00%
0
0.00%
$0
$0
$853,000
0.88%
3
2.97%
$284,333
$295,000
$4,595,000
4.73%
5
4.95%
$919,000
$925,000
Wolcott
$0
0.00%
0
0.00%
$0
$0
Bellyache, Red Sky
$0
0.00%
0
0.00%
$0
$0
Eagle
$7,030,800
7.23%
12
11.88%
$585,900
$537,500
Gypsum
$1,877,600
1.93%
9
8.91%
$208,622
$273,000
Basalt, El Jebel and Misc. In-County
$8,847,500
9.10%
5
4.95%
$1,769,500
$760,000
$97,248,300
100.00%
101
100.00%
$962,854
$562,500
Cordillera Valley Club Cordillera
TOTAL
Please note: 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 108 S. Frontage Rd. W Suite 203 P O Box 357 Vail, CO 81658 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 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information
Residential Improved Transactions Excludes: Vacant Land and Commercial
February 2009 Eagle County, Colorado Total Dollar Volume
% of Volume
$1,300,000
2.95%
2
7.14%
Booth Creek, The Falls
$0
0.00%
0
11th Filing, Vail Golf Course
$0
0.00%
Area Bighorn, East Vail
Number of % of Average Transactions Transactions Transaction Price
Median Transaction Price
Avg. Price/sq. ft
$650,000
n/a
$560
0.00%
$0
$0
$0
0
0.00%
$0
$0
$0
Vail Village
$1,323,000
3.00%
1
3.57%
$1,323,000
n/a
$1,287
Lionshead
$5,950,000
13.49%
1
3.57%
$5,950,000
n/a
$2,267
Spraddle Creek
$0
0.00%
0
0.00%
$0
$0
$0
Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$0
0.00%
0
0.00%
$0
$0
$0
$1,000,000
2.27%
1
3.57%
$1,000,000
n/a
$509
Cascade Village, Glen Lyon
$1,200,000
2.72%
1
3.57%
$1,200,000
n/a
$1,069
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$0
0.00%
0
0.00%
$0
$0
$0
Highland Meadows
$0
0.00%
0
0.00%
$0
$0
$0
Intermountain, Matterhorn, Vail Village West
$0
0.00%
0
0.00%
$0
$0
$0
Minturn, Redcliff
$0
0.00%
0
0.00%
$0
$0
$0
Eagle Vail
$0
0.00%
0
0.00%
$0
$0
$0
$415,000
0.94%
1
3.57%
$415,000
n/a
$988
$0
0.00%
0
0.00%
$0
$0
$0
Wildridge
$1,618,500
3.67%
2
7.14%
$809,250
n/a
$232
Beaver Creek
$9,644,000
21.86%
3
10.71%
$3,214,667
$3,044,000
$979
Bachelor Gulch
$4,250,000
9.63%
1
3.57%
$4,250,000
n/a
$913
Arrowhead
$10,750,000
24.37%
4
14.29%
$2,687,500
$2,275,000
$701
Berry Creek, Singletree
$985,000
2.23%
1
3.57%
$985,000
n/a
$344
Edwards, Scottsville
$450,000
1.02%
1
3.57%
$450,000
n/a
$342
Homestead, South 40
$0
0.00%
0
0.00%
$0
$0
$0
Lake Creek, Squaw Creek
$0
0.00%
0
0.00%
$0
$0
$0
Cordillera Valley Club
$0
0.00%
0
0.00%
$0
$0
$0
$2,125,000
4.82%
2
7.14%
$1,062,500
n/a
$223
Wolcott: North of I-70
$0
0.00%
0
0.00%
$0
$0
$0
Bellyache, Red Sky, Wolcott South of I70
$0
0.00%
0
0.00%
$0
$0
$0
$2,119,900
4.81%
4
14.29%
$529,975
$481,000
$199
$981,300
2.22%
3
10.71%
$327,100
$348,300
$209
Avon Mountain Star
Cordillera
Eagle Gypsum Basalt, El Jebel and Misc. In-County
TOTAL
$0
0.00%
0
0.00%
$0
$0
$0
$44,111,700
100.00%
28
100.00%
$1,575,418
$925,000
$619
Please note: 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 AVON VAIL EAGLE 0090 Benchmark Rd 970-328-1465 108 S. Frontage Rd. W 65 Market Street Suite 205 Suite 203 Suite 4 ttheelke@ltgc.com P O Box 3480 P O Box 357 P O Box 4420 Avon, CO 81620 Vail, CO 81658 Eagle, CO 81631 Bob Rulon ph: (970) 949-5099 ph: (970) 476-2251 ph: (970) 328-5065 970-328-1462 fax: (970) 949-4892 fax: (970) 476-4534 fax: McHugh (970) 328-5064 brulon@ltgc.com Please contact Kenton Hopkins MRE, CRS, GRI or David e-PRO at (970) 845-8053 for Addititional Information