E gle C Eag Cou unty M Marrkett Daata June e 20 009 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 June 2009 Month to Month Comparison by Total Dollar Volume 2006
% of Previous Year
2007
% of Previous Year
2008
% 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
YTD - TOTAL
$1,245,777,700
102%
$1,561,643,400
125%
Year End Total
$2,754,171,600
98%
$2,960,497,200
107%
Month January February March April May June July August September October November December
2009
% of Previous Year
72% 82% 86% 59% 53% 57% 128% 67% 65% 78% 80% 111%
$40,487,500 $56,760,800 $59,372,400 $57,947,000 $70,751,600 $95,286,400
33% 27% 26% 42% 45% 51%
$1,044,089,400
67%
$380,605,700
36%
$2,234,919,100
75%
2009
% of Previous Year
Month to Month Comparison by Number of Transactions 2007
% of Previous Year
2008
% of Previous Year
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 79 78
44% 42% 30% 46% 74% 45%
1,476
80%
1,431
97%
776
54%
356
46%
3,115
77%
2,688
86%
1,606
60%
2006
% of Previous Year
182 186 259 233 290 326 261 292 278 269 264 275
YTD - TOTAL Year End Total
Month January February March April May June July August September October November December
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
June 2009 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
$0
0.00%
0
0.00%
$0
$0
$912,500
0.96%
1
1.28%
$912,500
n/a
$0
0.00%
0
0.00%
$0
$0
Vail Village
$1,853,800
1.95%
4
5.13%
$463,450
$457,450
Lionshead
Area Bighorn, East Vail Booth Creek, The Falls 11th Filing, Vail Golf Course
$5,037,500
5.29%
2
2.56%
$2,518,750
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
$1,178,700
1.24%
3
3.85%
$392,900
$287,500
$0
0.00%
0
0.00%
$0
$0
$432,400
0.45%
2
2.56%
$216,200
$400,000
$0
0.00%
0
0.00%
$0
$0
$693,800
0.73%
2
2.56%
$346,900
n/a
Minturn, Redcliff
$1,569,000
1.65%
2
2.56%
$784,500
n/a
Eagle Vail
$2,530,000
2.66%
4
5.13%
$632,500
$622,500
$698,200
0.73%
2
2.56%
$349,100
n/a
Mountain Star
$15,500,000
16.27%
1
1.28%
$15,500,000
n/a
Wildridge
$2,092,800
2.20%
3
3.85%
$697,600
$565,000
Beaver Creek
$5,425,000
5.69%
2
2.56%
$2,712,500
n/a
Bachelor Gulch
$2,500,000
2.62%
1
1.28%
$2,500,000
n/a
Arrowhead
$16,550,000
17.37%
5
6.41%
$3,310,000
$1,950,000
Berry Creek, Singletree
$1,585,400
1.66%
1
1.28%
$1,585,400
n/a
Edwards
$1,290,000
1.35%
3
3.85%
$430,000
$410,000
Homestead, South 40
$1,238,000
1.30%
3
3.85%
$412,667
$370,000
$0
0.00%
0
0.00%
$0
$0
Cordillera Valley Club
$1,900,000
1.99%
1
1.28%
$1,900,000
n/a
Cordillera
$21,200,000
22.25%
1
1.28%
$21,200,000
n/a
$0
0.00%
0
0.00%
$0
$0
$235,000
0.25%
1
1.28%
$235,000
n/a
Eagle
$4,067,600
4.27%
15
19.23%
$271,173
$270,000
Gypsum
$3,771,600
3.96%
14
17.95%
$269,400
$285,600
Cascade Village, Glen Lyon Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge Highland Meadows Intermountain, Matterhorn, Vail Village West
Avon
Lake Creek, Squaw Creek
Wolcott Bellyache, Red Sky
Basalt, El Jebel and Misc. In-County
$3,025,100
3.17%
5
6.41%
$605,020
$499,000
TOTAL
$95,286,400
100.00%
78
100.00%
$1,211,621
$400,000
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 June 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 30 11 5 5 2 2 0 1 0 0 2 58
Total Dollar Volume $10,551,100 $7,380,500 $5,778,800 $8,860,400 $4,687,500 $5,850,000 $0 $3,600,000 $0 $0 $24,250,000 $70,958,300
Average Sales Price $351,703 $670,955 $1,155,760 $1,772,080 $2,343,750 $2,925,000 $0 $3,600,000 $0 $0 $12,125,000 $1,223,419
20
$24,328,100
$1,216,405
Total Number of Transactions
$500,001 to $1,000,000 19%
Number of Transactions 31 27 8
Total Dollar Volume $53,750,600 $17,207,700 $1,262,500
Average Sales Price $1,733,890 $637,322 $157,813
Total
66
$72,220,800
$1,094,255
Total Dollar Volume
$1,000,001 to $1,500,000 9%
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
$1,500,001 to $2,000,000 13% $1,500,001 to $2,000,000 9%
Under $500,000 51%
Sale Single Family Multi Family Vacant Residential Land
Over 2 Million 12%
Over 2 Million 54%
$1,000,001 to $1,500,000 8% $500,001 to $1,000,000 10%
Under $500,000 15%
* 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 June - 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 95 69 23 17 10 7 7 2 2 0 11 243
Total Dollar Volume $33,073,200 $51,103,300 $28,193,300 $30,929,100 $23,330,700 $19,720,000 $22,544,000 $7,600,000 $8,350,000 $0 $90,525,000 $315,368,600
Average Sales Price $348,139 $740,628 $1,225,796 $1,819,359 $2,333,070 $2,817,143 $3,220,571 $3,800,000 $4,175,000 $0 $8,229,545 $1,297,813
113
$65,237,100
$577,319
Total Number of Transactions
$500,001 to $1,000,000 28%
Under $500,000 39%
$1,000,001 to $1,500,000 10%
$1,500,001 to $2,000,000 7%
Over 2 Million 16%
Sale Single Family Multi Family Vacant Residential Land
Number of Transactions 118 125 22
Total Dollar Volume $165,173,100 $150,195,500 $10,081,000
Average Sales Price $1,399,772 $1,201,564 $458,227
Total
265
$325,449,600
$1,228,112
Total Dollar Volume
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
$1,500,001 to $2,000,000 10%
Over 2 Million 55%
$1,000,001 to $1,500,000 9% $500,001 to $1,000,000 16%
Under $500,000 10%
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 June 2009 Eagle County, Colorado
Sale Commercial Improved Commercial Vacant Development Vacant
Number of Transactions 4 6 0
Total Dollar Volume $22,057,100 $638,700 $0
Average Sales Price $5,514,275 $106,450 $0
YTD Number of Transactions 28 37 0
YTD Total Dollar Volume $38,428,200 $4,935,000 $0
YTD Average Sales Price $1,372,436 $133,378 $0
Total
10
$22,695,800
$2,269,580
65
$43,363,200
$667,126
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 June - 2009 Eagle County, County, Colorado Colorado Eagle Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
$8,753,500
2.30%
12
3.37%
$729,458
$490,000
Booth Creek, The Falls
$912,500
0.24%
1
0.28%
$912,500
n/a
11th Filing, Vail Golf Course
$962,500
0.25%
1
0.28%
$962,500
n/a
Vail Village
$51,130,600
13.43%
40
11.24%
$1,278,265
$450,000
Lionshead
$21,187,500
5.57%
5
1.40%
$4,237,500
$2,518,750
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
$4,683,700
1.23%
8
2.25%
$585,463
$550,000
Cascade Village, Glen Lyon
$5,985,000
1.57%
4
1.12%
$1,496,250
$1,500,000
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$4,062,300
1.07%
7
1.97%
$580,329
$280,000
Highland Meadows
$1,100,000
0.29%
1
0.28%
$1,100,000
n/a
Intermountain, Matterhorn, Vail Village West
$8,250,800
2.17%
10
2.81%
$825,080
$500,000
Minturn, Redcliff
$2,924,000
0.77%
4
1.12%
$731,000
$784,500
Eagle Vail
$5,276,300
1.39%
10
2.81%
$527,630
$498,150
Avon
$11,634,100
3.06%
22
6.18%
$528,823
$330,000
Mountain Star
$15,500,000
4.07%
1
0.28%
$15,500,000
n/a
Wildridge
$6,477,800
1.70%
8
2.25%
$809,725
$806,750
Beaver Creek
$52,876,900
13.89%
25
7.02%
$2,115,076
$2,000,000
Bachelor Gulch
$22,050,000
5.79%
5
1.40%
$4,410,000
$4,250,000
Arrowhead
$35,288,500
9.27%
17
4.78%
$2,075,794
$1,600,000
Berry Creek, Singletree
$9,765,600
2.57%
10
2.81%
$976,560
$831,000
Edwards
$9,234,300
2.43%
21
5.90%
$439,729
$362,100
Homestead, South 40
$1,238,000
0.33%
3
0.84%
$412,667
$370,000
Lake Creek, Squaw Creek
$4,962,000
1.30%
2
0.56%
$2,481,000
n/a
Cordillera Valley Club
$9,114,000
2.39%
6
1.69%
$1,519,000
$326,500
Cordillera
$33,378,500
8.77%
11
3.09%
$3,034,409
$1,150,000
$0
0.00%
0
0.00%
$0
$0
Bellyache, Red Sky
$1,435,000
0.38%
2
0.56%
$717,500
n/a
Eagle
$18,018,800
4.73%
50
14.04%
$360,376
$299,000
Gypsum
$10,932,900
2.87%
38
10.67%
$287,708
$300,000
Basalt, El Jebel and Misc. In-County
$23,470,600
6.17%
32
8.99%
$733,456
$520,000
$380,605,700
100.00%
356
100.00%
$1,069,117
$495,000
Area Bighorn, East Vail
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
June, 2009 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
$0
0.00%
0
0.00%
$0
$0
$0
$912,500
1.29%
1
1.72%
$912,500
n/a
$735
$0
0.00%
0
0.00%
$0
$0
$0
Vail Village
$1,484,000
2.09%
2
3.45%
$742,000
n/a
$1,256
Lionshead
$5,037,500
7.10%
2
3.45%
$2,518,750
n/a
$1,321
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
$1,178,700
1.66%
3
5.17%
$392,900
$287,500
$327
$0
0.00%
0
0.00%
$0
$0
$0
$432,400
0.61%
2
3.45%
$216,200
n/a
$330
$0
0.00%
0
0.00%
$0
$0
$0
$693,800
0.98%
2
3.45%
$346,900
n/a
$254
Minturn, Redcliff
$1,569,000
2.21%
2
3.45%
$784,500
n/a
$409
Eagle Vail
$2,530,000
3.57%
4
6.90%
$632,500
$622,500
$290
$698,200
0.98%
2
3.45%
$349,100
n/a
$567
Mountain Star
$15,500,000
21.84%
1
1.72%
$15,500,000
n/a
$1,404
Wildridge
$2,092,800
2.95%
3
5.17%
$697,600
$565,000
$366
Beaver Creek
$5,425,000
7.65%
2
3.45%
$2,712,500
n/a
$877
Bachelor Gulch
$2,500,000
3.52%
1
1.72%
$2,500,000
n/a
$986
Arrowhead
$16,550,000
23.32%
5
8.62%
$3,310,000
$1,950,000
$552
Berry Creek, Singletree
$1,585,400
2.23%
1
1.72%
$1,585,400
n/a
$286
Edwards, Scottsville
$770,000
1.09%
2
3.45%
$385,000
n/a
$258
Homestead, South 40
$1,238,000
1.74%
3
5.17%
$412,667
$370,000
$321
$0
0.00%
0
0.00%
$0
$0
$0
$1,900,000
2.68%
1
1.72%
$1,900,000
n/a
$327
Cordillera
$0
0.00%
0
0.00%
$0
$0
$0
Wolcott: North of I-70
$0
0.00%
0
0.00%
$0
$0
$0
Bellyache, Red Sky, Wolcott South of I-70
$0
0.00%
0
0.00%
$0
$0
$0
Eagle
$3,188,900
4.49%
7
12.07%
$455,557
$361,900
$226
Gypsum
$2,647,000
3.73%
7
12.07%
$378,143
$360,000
$293
Basalt, El Jebel and Misc. In-County
$3,025,100
4.26%
5
8.62%
$605,020
$499,000
$278
$70,958,300
100.00%
58
100.00%
$1,223,419
$499,000
$453
Area Bighorn, East Vail Booth Creek, The Falls 11th Filing, Vail Golf Course
Cascade Village, Glen Lyon Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge Highland Meadows Intermountain, Matterhorn, Vail Village West
Avon
Lake Creek, Squaw Creek Cordillera Valley Club
TOTAL
Median Avg. Price/sq. Transaction Price ft
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
10 Year Historical Resale Data: Eagle County Year YTD. 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 10 Year Total:
Average Price $1,157,733 $1,245,942 $1,065,555 $963,171 $787,871 $701,832 $565,292 $595,204 $565,441 $628,854 $493,894 $753,686
# Transactions 203 833 1,628 1,938 2,408 2,141 1,732 1,553 1,349 1,292 1,499 16,576
Res Volume $235,019,700 $1,037,869,900 $1,734,723,900 $1,866,625,500 $1,897,193,000 $1,502,621,600 $979,086,000 $924,352,001 $762,779,400 $812,479,300 $740,347,199 $12,493,097,500
Gross County Volume $380,605,700 $2,234,919,100 $2,960,497,200 $2,754,171,600 $2,800,249,502 $2,225,840,200 $1,471,498,700 $1,499,739,801 $1,402,691,100 $1,704,885,500 $1,531,723,279 $20,966,821,682
% Gross County Volume 61.75% 46.44% 58.60% 67.77% 67.75% 67.51% 66.54% 61.63% 54.38% 47.66% 48.33% 59.59%
$3,500,000,000 $3,000,000,000 $2,500,000,000 58.60%
$2,000,000,000
$500,000,000
67.75% 67.51%
$1,500,000,000 $1,000,000,000
67.77%
66.54%
46.44%
61.63%
54.38%
47.66%
48.33%
61.75%
$0 YTD. 2009
2008
2007
2006
Residential Volume
2005
2004
2003
% Gross County Volume
2002
2001
Gross County Volume
Note: Resales do not include any New Product Sales, these are strictly sales of units that have been sold before. No Developer Sales are included. PARAMETERS:' Res Volume & 'Average Price'' = All Residential Improved Properties including Single Family, Duplex, Triplex, Condominium, Townhome - all Areas Eagle County Gross County Volume' = All Transactions of any type recorded from January 1st through December 31st in each Year - all Areas Eagle County 2009 data through June
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information
2000
1999