E gle C Eag Cou unty M Marrkett Daata Nov N vem mber 20 008 8 ‐ 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 November 2008 Month to Month Comparison by Total Dollar Volume Month January February March April May June July August September October November December
YTD - TOTAL
2005
% of Previous Year
2006
% of Previous Year
2007
% of Previous Year
$132,772,300 $172,605,800 $201,990,500 $226,125,302 $211,985,000 $275,455,100 $217,831,600 $233,778,200 $284,867,000 $258,610,100 $361,816,100 $222,412,500
111% 125% 126% 164% 117% 174% 115% 115% 118% 130% 167% 79%
$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
72% 82% 86% 59% 53% 57% 128% 67% 65% 78% 80% 0%
$2,577,837,002
132%
$2,504,951,100
97%
$2,757,758,500
110%
$2,009,768,600
73%
2008
% of Previous Year
2008
% of Previous Year
Month to Month Comparison by Number of Transactions Month January February March April May June July August September October November December
YTD - TOTAL
2005
% of Previous Year
2006
% of Previous Year
2007
% of Previous Year
193 209 311 375 381 370 325 338 412 368 410 331
123% 123% 143% 170% 133% 118% 99% 104% 119% 111% 134% 113%
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
59% 48% 69% 53% 40% 60% 77% 39% 67% 97% 63% 0%
3,692
122%
2,840
77%
2,539
89%
1,504
59%
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
November 2008 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
$500,000
0.29%
1
0.83%
$500,000
n/a
$0
0.00%
0
0.00%
$0
$0
Vail Village
$83,848,200
48.15%
14
11.67%
$5,989,157
$3,950,000
Lionshead
Area Bighorn, East Vail Booth Creek, The Falls 11th Filing, Vail Golf Course
$7,693,000
4.42%
2
1.67%
$3,846,500
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
$2,712,500
1.56%
1
0.83%
$2,712,500
n/a
$0
0.00%
0
0.00%
$0
$0
$355,000
0.20%
1
0.83%
$355,000
n/a
Cascade Village, Glen Lyon Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$0
0.00%
0
0.00%
$0
$0
Intermountain, Matterhorn, Vail Village West
$4,150,000
2.38%
3
2.50%
$1,383,333
$1,125,000
Minturn, Redcliff
$1,820,000
1.05%
1
0.83%
$1,820,000
n/a
Eagle Vail
$3,899,000
2.24%
8
6.67%
$487,375
$389,000
Avon
$27,877,700
16.01%
34
28.33%
$819,932
$527,300
Highland Meadows
$0
0.00%
0
0.00%
$0
$0
Wildridge
$2,650,000
1.52%
1
0.83%
$2,650,000
n/a
Beaver Creek
$7,668,000
4.40%
3
2.50%
$2,556,000
$1,850,000
$0
0.00%
0
0.00%
$0
$0
$2,075,500
1.19%
1
0.83%
$2,075,500
n/a
Mountain Star
Bachelor Gulch Arrowhead
$975,000
0.56%
1
0.83%
$975,000
n/a
Edwards
$4,371,800
2.51%
4
3.33%
$1,092,950
$538,700
Homestead, South 40
$1,415,400
0.81%
3
2.50%
$471,800
$515,000
Lake Creek, Squaw Creek
$0
0.00%
0
0.00%
$0
$0
Cordillera Valley Club
$0
0.00%
0
0.00%
$0
$0
Berry Creek, Singletree
$1,500,000
0.86%
1
0.83%
$1,500,000
n/a
Wolcott
$0
0.00%
0
0.00%
$0
$0
Bellyache, Red Sky
$0
0.00%
0
0.00%
$0
$0
Eagle
$7,824,400
4.49%
18
15.00%
$434,689
$482,500
Gypsum
$5,540,900
3.18%
17
14.17%
$325,935
$312,500
Cordillera
Basalt, El Jebel and Misc. In-County
TOTAL
$7,268,000
4.17%
6
5.00%
$1,211,333
$812,500
$174,144,400
100.00%
120
100.00%
$1,451,203
$527,300
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 November 2008
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 37 23 14 2 3 4 2 6 1 0 7 99
Total Dollar Volume $14,660,700 $14,860,700 $18,074,900 $3,425,000 $6,516,300 $10,962,500 $6,750,000 $23,118,700 $4,243,000 $0 $64,117,000 $166,728,800
Average Sales Price $396,235 $646,117 $1,291,064 $1,712,500 $2,172,100 $2,740,625 $3,375,000 $3,853,117 $4,243,000 $0 $9,159,571 $1,684,129
21
$7,415,600
$353,124
Total Number of Transactions $1,000,001 to $1,500,000 14%
Over 2 Million 23%
Total Dollar Volume $46,791,100 $119,937,700 $0
Average Sales Price $1,299,753 $1,903,773 $0
Total
99
$166,728,800
$1,684,129
Over 2 Million 69%
$1,500,001 to $2,000,000 2%
$1,000,001 to $1,500,000 11%
Under $500,000 38%
Number of Transactions 36 63 0
Total Dollar Volume
$1,500,001 to $2,000,000 2%
$500,001 to $1,000,000 23%
Sale Single Family Multi Family Vacant Residential Land
$500,001 to $1,000,000 9%
Under $500,000 9%
* 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
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com
All Residential Transactions Through November 2008
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 398 377 117 83 65 42 15 27 16 12 59 1211
Total Dollar Volume $148,845,700 $263,078,700 $143,832,500 $142,652,600 $149,433,000 $116,155,100 $50,319,500 $101,899,700 $69,188,500 $57,753,000 $468,845,900 $1,712,004,200
Average Sales Price $373,984 $697,821 $1,229,338 $1,718,706 $2,298,969 $2,765,598 $3,354,633 $3,774,063 $4,324,281 $4,812,750 $7,946,541 $1,413,711
293
$297,764,400
$1,016,261
Total Number of Transactions $1,000,001 to $1,500,000 10%
Sale Single Family Multi Family Vacant Residential Land
Number of Transactions 463 748 76
Total Dollar Volume $728,039,800 $983,964,400 $43,054,000
Average Sales Price $1,572,440 $1,315,460 $566,500
Total
1287
$1,755,058,200
$1,363,682
Total Dollar Volume
$1,500,001 to $2,000,000 7%
$500,001 to $1,000,000 31%
Over 2 Million 19%
Under $500,000 33%
Over 2 Million 59% $1,500,001 to $2,000,000 8%
$1,000,001 to $1,500,000 8%
$500,001 to $1,000,000 15%
Under $500,000 9%
* 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
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com
Commercial Transactions November 2008 Eagle County, Colorado
Sale Commercial Improved Commercial Vacant Development Vacant
Number of Transactions 11 5 0
Total Dollar Volume $4,779,800 $1,820,900 $0
Average Sales Price $434,527 $364,180 $0
YTD Number of Transactions 83 39 5
YTD Total Dollar Volume $97,732,100 $20,978,200 $49,287,800
YTD Average Sales Price $1,177,495 $537,903 $9,857,560
Total
16
$6,600,700
$412,544
127
$167,998,100
$1,322,820
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 Through November 2008 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
$50,655,400
2.52%
59
3.92%
$858,566
$538,750
Booth Creek, The Falls
$1,772,000
0.09%
3
0.20%
$590,667
$636,000
11th Filing, Vail Golf Course
$25,354,000
1.26%
11
0.73%
$2,304,909
$2,312,500
Vail Village
$275,110,300
13.69%
64
4.26%
$4,298,598
$3,518,200
Lionshead
$334,633,800
16.65%
102
6.78%
$3,280,724
$2,595,000
$0
0.00%
0
0.00%
$0
$0
Area Bighorn, East Vail
Spraddle Creek Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$3,125,000
0.16%
2
0.13%
$1,562,500
n/a
$16,216,700
0.81%
25
1.66%
$648,668
$474,000
Cascade Village, Glen Lyon
$11,594,000
0.58%
5
0.33%
$2,318,800
$1,549,000
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$7,219,000
0.36%
11
0.73%
$656,273
$528,500
Highland Meadows
$12,199,100
0.61%
7
0.47%
$1,742,729
$1,425,000
Intermountain, Matterhorn, Vail Village West
$27,419,600
1.36%
26
1.73%
$1,054,600
$700,000
Minturn, Redcliff
$12,407,000
0.62%
20
1.33%
$620,350
$515,000
Eagle Vail
$66,047,900
3.29%
59
3.92%
$1,119,456
$540,500
Avon
$106,024,400
5.28%
157
10.44%
$675,315
$441,800
Mountain Star
$12,075,000
0.60%
7
0.47%
$1,725,000
$1,350,000
Wildridge
$24,010,500
1.19%
28
1.86%
$857,518
$550,000
Beaver Creek
$189,825,700
9.45%
83
5.52%
$2,287,057
$1,647,500
Bachelor Gulch
$108,910,900
5.42%
31
2.06%
$3,513,255
$2,662,500
Arrowhead
$100,081,100
4.98%
48
3.19%
$2,085,023
$1,275,000
Berry Creek, Singletree
$44,003,000
2.19%
39
2.59%
$1,128,282
$935,000
Edwards
$61,173,300
3.04%
83
5.52%
$737,028
$399,100
Homestead, South 40
$21,089,300
1.05%
33
2.19%
$639,070
$525,000
Lake Creek, Squaw Creek
$38,173,700
1.90%
16
1.06%
$2,385,856
$3,577,000
Cordillera Valley Club
$10,304,600
0.51%
8
0.53%
$1,288,075
$895,000
Cordillera
$69,106,400
3.44%
44
2.93%
$1,570,600
$1,235,000
$785,000
0.04%
2
0.13%
$392,500
n/a
Bellyache, Red Sky
$10,985,300
0.55%
6
0.40%
$1,830,883
$1,875,000
Eagle
$117,247,000
5.83%
207
13.76%
$566,411
$447,000
Gypsum
$107,103,800
5.33%
142
9.44%
$754,252
$380,000
$145,115,800
7.22%
176
11.70%
$824,522
$627,800
$2,009,768,600
100.00%
1504
100.00%
$1,336,282
$609,000
Wolcott
Basalt, El Jebel and Misc. In-County
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
November 2008 Eagle County, Colorado
Area
Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
$0
0.00%
0
0.00%
$0
$0
$500,000
0.30%
1
1.01%
$500,000
n/a
Bighorn, East Vail Booth Creek, The Falls
$0
0.00%
0
0.00%
$0
$0
$83,535,700
50.10%
13
13.13%
$6,425,823
$3,975,000
$7,693,000
4.61%
2
2.02%
$3,846,500
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
$2,712,500
1.63%
1
1.01%
$2,712,500
n/a
11th Filing, Vail Golf Course Vail Village Lionshead
Cascade Village, Glen Lyon
$0
0.00%
0
0.00%
$0
$0
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
$4,150,000
2.49%
3
3.03%
$1,383,333
$1,125,000
Intermountain, Matterhorn, Vail Village West
$0
0.00%
0
0.00%
$0
$0
$2,349,000
1.41%
5
5.05%
$469,800
$465,000
$27,632,700
16.57%
33
33.33%
$837,355
$527,300
$0
0.00%
0
0.00%
$0
$0
Wildridge
$2,650,000
1.59%
1
1.01%
$2,650,000
n/a
Beaver Creek
$7,668,000
4.60%
3
3.03%
$2,556,000
$1,850,000
$0
0.00%
0
0.00%
$0
$0
$2,075,500
1.24%
1
1.01%
$2,075,500
n/a
$975,000
0.58%
1
1.01%
$975,000
n/a
Edwards, Scottsville
$3,337,000
2.00%
2
2.02%
$1,668,500
n/a
Homestead, South 40
$1,415,400
0.85%
3
3.03%
$471,800
$515,000
Lake Creek, Squaw Creek
$0
0.00%
0
0.00%
$0
$0
Cordillera Valley Club
$0
0.00%
0
0.00%
$0
$0
$1,500,000
0.90%
1
1.01%
$1,500,000
n/a
Wolcott: North of I-70
$0
0.00%
0
0.00%
$0
$0
Bellyache, Red Sky, Wolcott South of I70
$0
0.00%
0
0.00%
$0
$0
Eagle
$6,261,000
3.76%
11
11.11%
$569,182
$574,500
Gypsum
$5,029,000
3.02%
13
13.13%
$386,846
$376,500
Basalt, El Jebel and Misc. In-County
$7,245,000
4.35%
5
5.05%
$1,449,000
$912,200
100%
99
100%
$1,684,129
$594,500
Minturn, Redcliff Eagle Vail Avon Mountain Star
Bachelor Gulch Arrowhead Berry Creek, Singletree
Cordillera
TOTAL
$166,728,800
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