E gle C Eag Cou unty M Marrkett Daata M ch 2 Marc 200 09 ‐ 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 March 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 $59,372,400
33% 27% 26%
$527,003,900
104%
$693,162,500
132%
$559,723,700
81%
$156,620,700
28%
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
44% 42% 30%
YTD - TOTAL
627
88%
658
105%
380
58%
145
38%
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
March, 2009 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
Bighorn, East Vail
$0
0.00%
0
0.00%
$0
$0
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
$8,320,000
14.01%
6
13.64%
$1,386,667
$660,000
Lionshead
Area
$9,150,000
15.41%
1
2.27%
$9,150,000
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
$925,000
1.56%
1
2.27%
$925,000
n/a
$2,000,000
3.37%
1
2.27%
$2,000,000
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
$1,800,000
3.03%
2
4.55%
$900,000
n/a
$0
0.00%
0
0.00%
$0
n/a
$1,506,300
2.54%
3
6.82%
$502,100
$511,300
$200,000
0.34%
2
4.55%
$100,000
n/a
Mountain Star
$0
0.00%
0
0.00%
$0
$0
Wildridge
$0
0.00%
0
0.00%
$0
$0
Beaver Creek
$11,953,200
20.13%
5
11.36%
$2,390,640
$1,900,000
Bachelor Gulch
$2,750,000
4.63%
1
2.27%
$2,750,000
n/a
Arrowhead
$2,000,000
3.37%
1
2.27%
$2,000,000
n/a
Berry Creek, Singletree
$3,101,200
5.22%
3
6.82%
$1,033,733
$870,000
Edwards
$2,727,100
4.59%
4
9.09%
$681,775
$785,000
Homestead, South 40
$0
0.00%
0
0.00%
$0
$0
Lake Creek, Squaw Creek
$0
0.00%
0
0.00%
$0
$0
Cordillera Valley Club
$6,100,000
10.27%
1
2.27%
$6,100,000
n/a
Cordillera
$1,600,000
2.69%
1
2.27%
$1,600,000
n/a
$0
0.00%
0
0.00%
$0
$0
Bellyache, Red Sky
$1,200,000
2.02%
1
2.27%
$0
n/a
Eagle
$2,132,600
3.59%
7
15.91%
$304,657
$224,800
$310,000
0.52%
1
2.27%
$310,000
n/a
Cascade Village, Glen Lyon
Intermountain, Matterhorn, Vail Village West Minturn, Redcliff Eagle Vail Avon
Wolcott
Gypsum Basalt, El Jebel and Misc. In-County
TOTAL
$1,597,000
2.69%
3
6.82%
$532,333
$550,000
$59,372,400
100.00%
44
100.00%
$1,349,373
$630,000
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 March, 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 11 2 6 1 1 2 0 0 0 3 34
Total Dollar Volume $2,911,900 $8,058,300 $2,500,000 $10,788,700 $2,100,000 $2,750,000 $6,400,000 $0 $0 $0 $21,350,000 $56,858,900
Average Sales Price $363,988 $732,573 $1,250,000 $1,798,117 $2,100,000 $2,750,000 $3,200,000 $0 $0 $0 $7,116,667 $1,672,321
11
$2,513,500
$228,500
Total Number of Transactions $1,500,001 to $2,000,000 18%
$1,000,001 to $1,500,000 6%
$500,001 to $1,000,000 32%
Under $500,000 24%
Number of Transactions 16 18 1
Total Dollar Volume $26,749,600 $30,109,300 $150,000
Average Sales Price $1,671,850 $1,672,739 $150,000
Total
35
$57,008,900
$1,628,826
Total Dollar Volume
$1,500,001 to $2,000,000 19%
Over 2 Million 20%
Sale Single Family Multi Family Vacant Residential Land
$1,000,001 to $1,500,000 4% $500,001 to $1,000,000 14%
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Over 2 Million 58%
Under $500,000 5%
* 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; YearThrough End - 2008 March - 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 22 33 10 7 2 2 5 0 2 0 6 89
Total Dollar Volume $7,923,600 $25,312,800 $12,728,000 $12,788,700 $4,600,000 $5,300,000 $15,944,000 $0 $8,350,000 $0 $37,775,000 $130,722,100
Average Sales Price $360,164 $767,055 $1,272,800 $1,826,957 $2,300,000 $2,650,000 $3,188,800 $0 $4,175,000 $0 $6,295,833 $1,468,788
57
$25,898,600
$454,361
Total Number of Transactions
$1,500,001 to $2,000,000 10%
Over 2 Million 19%
$500,001 to $1,000,000 37%
Under $500,000 25%
Number of Transactions 44 45 8
Total Dollar Volume $60,670,900 $70,051,200 $6,223,000
Average Sales Price $1,378,884 $1,556,693 $777,875
Total
97
$136,945,100
$1,411,805
Total Dollar Volume
$1,500,001 to $2,000,000 8%
$1,000,001 to $1,500,000 11%
Sale Single Family Multi Family Vacant Residential Land
$1,000,001 to $1,500,000 10% $500,001 to $1,000,000 19%
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Over 2 Million 55%
Under $500,000 6%
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 March, 2009 Eagle County, Colorado
Sale Commercial Improved Commercial Vacant Development Vacant
Number of Transactions 2 3 0
Total Dollar Volume $675,000 $307,800 $0
Average Sales Price $337,500 $102,600 $0
YTD Number of Transactions 8 19 0
YTD Total Dollar Volume $5,399,000 $3,537,000 $0
YTD Average Sales Price $674,875 $186,158 $0
Total
5
$982,800
$196,560
27
$8,936,000
$330,963
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; YearThrough End - 2008 March - 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
5.07%
9
6.21%
$881,667
$500,000
$0
0.00%
0
0.00%
$0
n/a
$962,500
0.61%
1
0.69%
$962,500
n/a
Vail Village
$21,871,800
13.96%
25
17.24%
$874,872
$420,000
Lionshead
$15,100,000
9.64%
2
1.38%
$7,550,000
n/a
Spraddle Creek
$0
0.00%
0
0.00%
$0
n/a
Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$0
0.00%
0
0.00%
$0
n/a
$3,105,000
1.98%
4
2.76%
$776,250
$837,500
Cascade Village, Glen Lyon
$3,200,000
2.04%
2
1.38%
$1,600,000
n/a
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$0
0.00%
0
0.00%
$0
n/a
Highland Meadows
$0
0.00%
0
0.00%
$0
n/a
$1,800,000
1.15%
2
1.38%
$0
n/a
$255,000
0.16%
1
0.69%
$255,000
n/a
Eagle Vail
$1,891,300
1.21%
4
2.76%
$472,825
$448,150
Avon
$5,566,500
3.55%
9
6.21%
$618,500
$427,500
$0
0.00%
0
0.00%
$0
n/a
Wildridge
$1,618,500
1.03%
2
1.38%
$809,250
n/a
Beaver Creek
$26,027,200
16.62%
12
8.28%
$2,168,933
$1,900,000
Bachelor Gulch
$7,000,000
4.47%
2
1.38%
$3,500,000
n/a
Arrowhead
$13,928,500
8.89%
7
4.83%
$1,989,786
$2,000,000
Berry Creek, Singletree
$5,603,200
3.58%
6
4.14%
$933,867
$831,000
Edwards
Area Bighorn, East Vail Booth Creek, The Falls 11th Filing, Vail Golf Course
Intermountain, Matterhorn, Vail Village West Minturn, Redcliff
Mountain Star
$4,612,700
2.95%
9
6.21%
$512,522
$450,000
Homestead, South 40
$0
0.00%
0
0.00%
$0
n/a
Lake Creek, Squaw Creek
$0
0.00%
0
0.00%
$0
n/a
Cordillera Valley Club
$6,953,000
4.44%
4
2.76%
$1,738,250
$326,500
Cordillera
$6,195,000
3.96%
6
4.14%
$1,032,500
$1,037,500
$0
0.00%
0
0.00%
$0
n/a
Bellyache, Red Sky
$1,200,000
0.77%
1
0.69%
$0
n/a
Eagle
$9,163,400
5.85%
19
13.10%
$482,284
$440,000
Gypsum
$2,187,600
1.40%
10
6.90%
$218,760
$291,500
Basalt, El Jebel and Misc. In-County
$10,444,500
6.67%
8
5.52%
$1,305,563
$564,750
$156,620,700
100.00%
145
100.00%
$1,080,143
$587,500
Wolcott
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
March, 2009 Eagle County, Colorado Total Dollar Volume
% of Volume
Bighorn, East Vail
$0
0.00%
0
0.00%
$0
$0
$0
Booth Creek, The Falls
$0
0.00%
0
0.00%
$0
$0
$0
11th Filing, Vail Golf Course
$0
0.00%
0
0.00%
$0
$0
$0
Vail Village
$7,300,000
12.84%
3
8.82%
$2,433,333
$3,200,000
$1,749
Lionshead
$9,150,000
16.09%
1
2.94%
$9,150,000
n/a
$1,726
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
$925,000
1.63%
1
2.94%
$925,000
n/a
$437
Area
Number of % of Average Transactions Transactions Transaction Price
Median Avg. Price/sq. Transaction Price ft
$2,000,000
3.52%
1
2.94%
$2,000,000
n/a
$724
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
$1,800,000
3.17%
2
5.88%
$900,000
n/a
$397
$0
0.00%
0
0.00%
$0
$0
$0
$1,251,300
2.20%
2
5.88%
$625,650
n/a
$313
$100,000
0.18%
1
2.94%
$100,000
n/a
$159
Mountain Star
$0
0.00%
0
0.00%
$0
$0
$0
Wildridge
$0
0.00%
0
0.00%
$0
n/a
$0
Beaver Creek
$11,652,500
20.49%
4
11.76%
$2,913,125
$2,000,000
$842
Bachelor Gulch
$2,750,000
4.84%
1
2.94%
$2,750,000
n/a
$723
Arrowhead
$2,000,000
3.52%
1
2.94%
$2,000,000
n/a
$692
Berry Creek, Singletree
$3,101,200
5.45%
3
8.82%
$1,033,733
$870,000
$350
Edwards, Scottsville
$2,727,100
4.80%
4
11.76%
$681,775
$785,000
$364
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
$6,100,000
10.73%
1
2.94%
$6,100,000
n/a
$649
Cordillera
$1,600,000
2.81%
1
2.94%
$1,600,000
n/a
$291
$0
0.00%
0
0.00%
$0
$0
$0
Bellyache, Red Sky, Wolcott South of I-70
$1,200,000
2.11%
1
2.94%
$1,200,000
n/a
$298
Eagle
$1,294,800
2.28%
3
8.82%
$431,600
$440,000
$227
$310,000
0.55%
1
2.94%
$310,000
n/a
$213
Cascade Village, Glen Lyon
Intermountain, Matterhorn, Vail Village West Minturn, Redcliff Eagle Vail Avon
Wolcott: North of I-70
Gypsum Basalt, El Jebel and Misc. In-County
TOTAL
$1,597,000
2.81%
3
8.82%
$532,333
$550,000
$277
$56,858,900
100.00%
34
100.00%
$1,672,321
$870,000
$598
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