Eagle County Market Data - April 2009

Page 1

E gle C Eag Cou unty M Marrkett Daata A il 20 Apri 009 9 ‐ 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 April 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 $57,947,000

33% 27% 26% 42%

$710,515,200

97%

$927,088,600

130%

$697,424,200

75%

$214,567,700

31%

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 54

44% 42% 30% 46%

YTD - TOTAL

860

79%

879

102%

497

57%

199

40%

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

April 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

$5,475,000

9.45%

7

12.96%

$782,143

$375,000

Lionshead

$0

0.00%

0

0.00%

$0

$0

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

$0

0.00%

0

0.00%

$0

$0

$1,800,000

3.11%

1

1.85%

$1,800,000

n/a

$530,000

0.91%

2

3.70%

$265,000

n/a

$0

0.00%

0

0.00%

$0

$0

$1,038,000

1.79%

2

3.70%

$519,000

n/a

$0

0.00%

0

0.00%

$0

$0

$375,000

0.65%

1

1.85%

$375,000

n/a

$3,546,500

6.12%

6

11.11%

$591,083

$382,500

$0

0.00%

0

0.00%

$0

$0

Wildridge

$1,380,000

2.38%

2

3.70%

$690,000

n/a

7.41%

$2,956,250

$2,925,000

Area

Cascade Village, Glen Lyon Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge Highland Meadows Intermountain, Matterhorn, Vail Village West Minturn, Redcliff Eagle Vail Avon Mountain Star

Beaver Creek

$11,825,000

20.41%

4

Bachelor Gulch

$12,550,000

21.66%

2

3.70%

$6,275,000

n/a

Arrowhead

$1,360,000

2.35%

2

3.70%

$680,000

n/a

Berry Creek, Singletree

$1,000,000

1.73%

1

1.85%

$1,000,000

n/a

Edwards

$1,486,300

2.56%

2

3.70%

$743,150

n/a

$0

0.00%

0

0.00%

$0

$0

$4,000,000

6.90%

1

1.85%

$4,000,000

n/a

$261,000

0.45%

1

1.85%

$261,000

n/a

$3,180,000

5.49%

2

3.70%

$1,590,000

n/a

Wolcott

$0

0.00%

0

0.00%

$0

$0

Bellyache, Red Sky

$0

0.00%

0

0.00%

$0

$0

Homestead, South 40 Lake Creek, Squaw Creek Cordillera Valley Club Cordillera

Eagle

$786,900

1.36%

6

11.11%

$131,150

$77,400

Gypsum

$2,110,800

3.64%

6

11.11%

$351,800

n/a

Basalt, El Jebel and Misc. In-County

$5,242,500

9.05%

6

11.11%

$873,750

$541,250

$57,947,000

100.00%

54

100.00%

$1,073,093

$460,000

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


All Residential Transactions April 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 17 8 0 2 2 2 2 1 0 0 2 36

Total Dollar Volume $5,734,600 $6,130,500 $0 $3,700,000 $4,575,000 $5,670,000 $6,600,000 $4,000,000 $0 $0 $12,550,000 $48,960,100

Average Sales Price $337,329 $766,313 $0 $1,850,000 $2,287,500 $2,835,000 $3,300,000 $4,000,000 $0 $0 $6,275,000 $1,360,003

18

$8,986,900

$499,272

Total Number of Transactions

$500,001 to $1,000,000 22%

$1,000,001 to $1,500,000 0%

Number of Transactions 17 19 3

Total Dollar Volume $29,726,800 $19,233,300 $871,000

Average Sales Price $1,748,635 $1,012,279 $290,333

Total

39

$49,831,100

$1,277,721

Total Dollar Volume

$1,500,001 to $2,000,000 6%

Over 2 Million 25% Under $500,000 47%

Sale Single Family Multi Family Vacant Residential Land

Over 2 Million 67%

$1,500,001 to $2,000,000 8%

$1,000,001 to $1,500,000 0% $500,001 to $1,000,000 13%

Under $500,000 12%

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

* includes all non-improved residential transactions

Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com


All Residential Transactions Year to Date; YearThrough End - 2008 April - 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 39 41 10 9 4 4 7 1 2 0 8 125

Total Dollar Volume $13,658,200 $31,443,300 $12,728,000 $16,488,700 $9,175,000 $10,970,000 $22,544,000 $4,000,000 $8,350,000 $0 $50,325,000 $179,682,200

Average Sales Price $350,210 $766,910 $1,272,800 $1,832,078 $2,293,750 $2,742,500 $3,220,571 $4,000,000 $4,175,000 $0 $6,290,625 $1,437,458

74

$34,885,500

$471,426

Total Number of Transactions

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

Number of Transactions 61 64 11

Total Dollar Volume $90,397,700 $89,284,500 $7,094,000

Average Sales Price $1,481,930 $1,395,070 $644,909

Total

136

$186,776,200

$1,373,354

Total Dollar Volume

$1,000,001 to $1,500,001 to $1,500,000 $2,000,000 8% 7%

Over 2 Million 21%

Under $500,000 31%

Sale Single Family Multi Family Vacant Residential Land

Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Over 2 Million 59%

$1,500,001 to $2,000,000 9%

$105,364,000 0.586390861

$1,000,001 to $1,500,000 7% $500,001 to $1,000,000 17%

Bob Rulon 970-328-1462 brulon@ltgc.com

Under $500,000 8%

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information


Commercial Transactions April 2009 Eagle County, Colorado

Sale Commercial Improved Commercial Vacant Development Vacant

Number of Transactions 8 5 0

Total Dollar Volume $7,105,000 $535,900 $0

Average Sales Price $888,125 $107,180 $0

YTD Number of Transactions 16 24 0

YTD Total Dollar Volume $12,504,000 $4,072,900 $0

YTD Average Sales Price $781,500 $169,704 $0

Total

13

$7,640,900

$587,762

40

$16,576,900

$414,423

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 April - 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

3.70%

9

4.52%

$881,667

$500,000

$0

0.00%

0

0.00%

$0

$0

$962,500

0.45%

1

0.50%

$962,500

n/a

Vail Village

$27,346,800

12.75%

32

16.08%

$854,588

$362,500

Lionshead

$15,100,000

7.04%

2

1.01%

$7,550,000

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

$3,105,000

1.45%

4

2.01%

$776,250

$837,500

Cascade Village, Glen Lyon

$5,000,000

2.33%

3

1.51%

$1,666,667

$1,800,000

$530,000

0.25%

2

1.01%

$265,000

n/a

$0

0.00%

0

0.00%

$0

$0

$2,838,000

1.32%

4

2.01%

$709,500

$539,000

$255,000

0.12%

1

0.50%

$255,000

n/a

Area Bighorn, East Vail Booth Creek, The Falls 11th Filing, Vail Golf Course

Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge Highland Meadows Intermountain, Matterhorn, Vail Village West Minturn, Redcliff Eagle Vail

$2,266,300

1.06%

5

2.51%

$453,260

$385,000

Avon

$9,113,000

4.25%

15

7.54%

$607,533

$427,500

$0

0.00%

0

0.00%

$0

$0

Wildridge

$2,998,500

1.40%

4

2.01%

$749,625

$806,750

Beaver Creek

$37,852,200

17.64%

16

8.04%

$2,365,763

$2,100,000

Bachelor Gulch

$19,550,000

9.11%

4

2.01%

$4,887,500

$5,025,000

Arrowhead

$15,288,500

7.13%

9

4.52%

$1,698,722

$1,080,000

Berry Creek, Singletree

$6,603,200

3.08%

7

3.52%

$943,314

$870,000

Edwards

$6,099,000

2.84%

11

5.53%

$554,455

$450,000

$0

0.00%

0

0.00%

$0

$0

Lake Creek, Squaw Creek

$4,000,000

1.86%

1

0.50%

$4,000,000

n/a

Cordillera Valley Club

$7,214,000

3.36%

5

2.51%

$1,442,800

$295,000

Cordillera

$9,375,000

4.37%

8

4.02%

$1,171,875

$1,037,500

$0

0.00%

0

0.00%

$0

$0

Bellyache, Red Sky

$1,200,000

0.56%

1

0.50%

$1,200,000

n/a

Eagle

$9,950,300

4.64%

25

12.56%

$398,012

$224,800

Mountain Star

Homestead, South 40

Wolcott

Gypsum

$4,298,400

2.00%

16

8.04%

$268,650

$287,500

Basalt, El Jebel and Misc. In-County

$15,687,000

7.31%

14

7.04%

$1,120,500

$562,500

$214,567,700

100.00%

199

100.00%

$1,078,230

$554,500

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

April, 2009 Eagle County, Colorado Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

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

$2,700,000

5.51%

2

5.56%

$1,350,000

n/a

$1,389

Lionshead

$0

0.00%

0

0.00%

$0

$0

$0

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

Area

Cascade Village, Glen Lyon Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge Highland Meadows Intermountain, Matterhorn, Vail Village West Minturn, Redcliff Eagle Vail Avon Mountain Star

Median Avg. Price/sq. Transaction Price ft

$0

0.00%

0

0.00%

$0

$0

$0

$1,800,000

3.68%

1

2.78%

$1,800,000

n/a

$1,108

$530,000

1.08%

2

5.56%

$265,000

n/a

$400

$0

0.00%

0

0.00%

$0

$0

$0

$1,038,000

2.12%

2

5.56%

$519,000

n/a

$367

$0

0.00%

0

0.00%

$0

$0

$0

$375,000

0.77%

1

2.78%

$375,000

n/a

$242

$1,381,500

2.82%

4

11.11%

$345,375

$319,500

$322

$0

0.00%

0

0.00%

$0

$0

$0

Wildridge

$1,380,000

2.82%

2

5.56%

$690,000

n/a

$289

Beaver Creek

$11,825,000

24.15%

4

11.11%

$2,956,250

$2,925,000

$871

Bachelor Gulch

$12,550,000

25.63%

2

5.56%

$6,275,000

n/a

$948

Arrowhead

$1,360,000

2.78%

2

5.56%

$680,000

n/a

$521

Berry Creek, Singletree

$1,000,000

2.04%

1

2.78%

$1,000,000

n/a

$311

$211,300

0.43%

1

2.78%

$211,300

n/a

$215

$0

0.00%

0

0.00%

$0

$0

$0

$4,000,000

8.17%

1

2.78%

$4,000,000

n/a

$454

$0

0.00%

0

0.00%

$0

$0

$0

$2,920,000

5.96%

1

2.78%

$2,920,000

n/a

$399

$0

0.00%

0

0.00%

$0

$0

$0

Edwards, Scottsville Homestead, South 40 Lake Creek, Squaw Creek Cordillera Valley Club Cordillera Wolcott: North of I-70 Bellyache, Red Sky, Wolcott South of I70

$0

0.00%

0

0.00%

$0

$0

$0

$606,000

1.24%

2

5.56%

$303,000

n/a

$246

Gypsum

$2,100,800

4.29%

5

13.89%

$420,160

$333,600

$180

Basalt, El Jebel and Misc. In-County

$3,182,500

6.50%

3

8.33%

$1,060,833

$607,500

$335

$48,960,100

100.00%

36

100.00%

$1,360,003

$578,000

$502

Eagle

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


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.