E gle C Eag Cou unty M Marrkett Daata Dec D em 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 December 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
2008
% 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 $225,150,500
72% 82% 86% 59% 53% 57% 128% 67% 65% 78% 80% 111%
$2,800,249,502
126%
$2,754,171,600
98%
$2,960,497,200
107%
$2,234,919,100
75%
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
2008
% 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%
104 131 145 117 107 172 157 110 166 175 120 102
59% 48% 69% 53% 40% 60% 77% 39% 67% 97% 63% 68%
4,023
122%
3,115
77%
2,688
86%
1,606
60%
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
December 2008 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
Bighorn, East Vail
$1,163,000
0.52%
4
3.92%
$290,750
$284,000
Booth Creek, The Falls
$3,100,000
1.38%
1
0.98%
$3,100,000
n/a
$0
0.00%
0
0.00%
$0
$0
Vail Village
$92,545,500
41.10%
11
10.78%
$8,413,227
$10,850,000
Lionshead
Area
11th Filing, Vail Golf Course
$60,531,400
26.88%
17
16.67%
$3,560,671
$3,300,000
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
$300,000
0.13%
1
0.98%
$300,000
n/a
$2,200,000
0.98%
1
0.98%
$2,200,000
n/a
$0
0.00%
0
0.00%
$0
$0
Highland Meadows
$1,857,300
0.82%
1
0.98%
$1,857,300
n/a
Intermountain, Matterhorn, Vail Village West
$3,231,300
1.44%
4
3.92%
$807,825
$532,000
$556,000
0.25%
2
1.96%
$278,000
n/a
Eagle Vail
$1,354,000
0.60%
2
1.96%
$677,000
n/a
Avon
$17,777,700
7.90%
18
17.65%
$987,650
$560,500
Cascade Village, Glen Lyon Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
Minturn, Redcliff
$0
0.00%
0
0.00%
$0
$0
Wildridge
$3,445,000
1.53%
2
1.96%
$1,722,500
n/a
Beaver Creek
$3,475,000
1.54%
4
3.92%
$868,750
$787,500
$0
0.00%
0
0.00%
$0
$0
$19,764,200
8.78%
4
3.92%
$4,941,050
$4,900,000
Mountain Star
Bachelor Gulch Arrowhead
$0
0.00%
0
0.00%
$0
$0
$512,100
0.23%
2
1.96%
$256,050
n/a
$1,715,000
0.76%
2
1.96%
$857,500
n/a
Lake Creek, Squaw Creek
$0
0.00%
0
0.00%
$0
$0
Cordillera Valley Club
$0
0.00%
0
0.00%
$0
$0
Cordillera
$0
0.00%
0
0.00%
$0
$0
Wolcott
$0
0.00%
0
0.00%
$0
$0
Bellyache, Red Sky
$0
0.00%
0
0.00%
$0
$0
Eagle
$6,373,200
2.83%
11
10.78%
$579,382
$410,600
Gypsum
$3,083,800
1.37%
9
8.82%
$342,644
$299,000
Berry Creek, Singletree Edwards Homestead, South 40
Basalt, El Jebel and Misc. In-County
TOTAL
$2,166,000
0.96%
6
5.88%
$361,000
$280,000
$225,150,500
100.00%
102
100.00%
$2,207,358
$600,000
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 December 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 24 17 7 3 3 7 4 1 1 2 12 81
Total Dollar Volume $8,668,500 $11,361,200 $9,228,600 $5,507,300 $6,513,800 $20,052,000 $12,850,000 $3,550,000 $4,384,400 $9,250,000 $121,437,700 $212,803,500
Average Sales Price $361,188 $668,306 $1,318,371 $1,835,767 $2,171,267 $2,864,571 $3,212,500 $3,550,000 $4,384,400 $4,625,000 $10,119,808 $2,627,204
21
$12,347,000
$587,952
Total Number of Transactions
$1,000,001 to $1,500,000 8%
$1,500,001 to $2,000,000 4%
Total Dollar Volume $39,750,900 $173,052,600 $280,000
Average Sales Price $1,806,859 $2,933,095 $280,000
Total
82
$213,083,500
$2,598,579
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
Over 2 Million 84%
$1,500,001 to $2,000,000 3%
Under $500,000 30%
Number of Transactions 22 59 1
Total Dollar Volume
Over 2 Million 37%
$500,001 to $1,000,000 21%
Sale Single Family Multi Family Vacant Residential Land
$1,000,001 to $1,500,000 4%
Bob Rulon 970-328-1462 brulon@ltgc.com
Under $500,000 4% $500,001 to $1,000,000 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
All Residential Transactions Year End - 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 422 394 124 86 68 49 19 28 17 14 71 1292
Total Dollar Volume $157,514,200 $274,439,900 $153,061,100 $148,159,900 $155,946,800 $136,207,100 $63,169,500 $105,449,700 $73,572,900 $67,003,000 $590,283,600 $1,924,807,700
Average Sales Price $373,256 $696,548 $1,234,364 $1,722,790 $2,293,335 $2,779,737 $3,324,711 $3,766,061 $4,327,818 $4,785,929 $8,313,854 $1,489,789
314
$310,111,400
$987,616
Total Number of Transactions
Sale Single Family Multi Family Vacant Residential Land
Number of Transactions 479 813 77
Total Dollar Volume $697,315,700 $1,227,492,000 $43,334,000
Average Sales Price $1,455,774 $1,509,830 $562,779
Total
1369
$1,968,141,700
$1,437,649
Total Dollar Volume
$1,500,001 to $2,000,000 7%
Over 2 Million 59%
$1,000,001 to $1,500,000 10%
Over 2 Million 19%
$500,001 to $1,000,000 31%
$1,500,001 to $2,000,000 8%
Under $500,000 33%
$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 December 2008 Eagle County, Colorado
Sale Commercial Improved Commercial Vacant Development Vacant
Number of Transactions 6 3 1
Total Dollar Volume $4,133,300 $289,900 $600,000
Average Sales Price $688,883 $96,633 $600,000
YTD Number of Transactions 89 42 6
YTD Total Dollar Volume $101,865,400 $21,268,100 $49,887,800
YTD Average Sales Price $1,144,555 $506,383 $8,314,633
Total
10
$5,023,200
$502,320
137
$173,021,300
$1,262,929
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 Year End - 2008 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
$51,818,400
2.32%
63
3.92%
$822,514
$527,000
Booth Creek, The Falls
$4,872,000
0.22%
4
0.25%
$1,218,000
$636,000
11th Filing, Vail Golf Course
$25,354,000
1.13%
11
0.68%
$2,304,909
$2,312,500
Vail Village
$367,655,800
16.45%
75
4.67%
$4,902,077
$3,800,500
Lionshead
$395,165,200
17.68%
119
7.41%
$3,320,716
$2,795,000
$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
0.14%
2
0.12%
$1,562,500
n/a
$16,516,700
0.74%
26
1.62%
$635,258
$473,000
Cascade Village, Glen Lyon
$13,794,000
0.62%
6
0.37%
$2,299,000
$1,612,000
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$7,219,000
0.32%
11
0.68%
$656,273
$528,500
Highland Meadows
$14,056,400
0.63%
8
0.50%
$1,757,050
$1,641,150
Intermountain, Matterhorn, Vail Village West
$30,650,900
1.37%
30
1.87%
$1,021,697
$670,000
Minturn, Redcliff
$12,963,000
0.58%
22
1.37%
$589,227
$500,000
Eagle Vail
$67,401,900
3.02%
61
3.80%
$1,104,949
$540,500
Avon
$123,802,100
5.54%
175
10.90%
$707,441
$451,850
Mountain Star
$12,075,000
0.54%
7
0.44%
$1,725,000
$1,350,000
Wildridge
$27,455,500
1.23%
30
1.87%
$915,183
$625,000
Beaver Creek
$193,300,700
8.65%
87
5.42%
$2,221,847
$1,612,500
Bachelor Gulch
$108,910,900
4.87%
31
1.93%
$3,513,255
$2,662,500
Arrowhead
$119,845,300
5.36%
52
3.24%
$2,304,717
$1,325,000
Berry Creek, Singletree
$44,003,000
1.97%
39
2.43%
$1,128,282
$935,000
Edwards
$61,685,400
2.76%
85
5.29%
$725,711
$392,000
Homestead, South 40
$22,804,300
1.02%
35
2.18%
$651,551
$527,500
Lake Creek, Squaw Creek
$38,173,700
1.71%
16
1.00%
$2,385,856
$3,577,000
Cordillera Valley Club
$10,304,600
0.46%
8
0.50%
$1,288,075
$895,000
Cordillera
$69,106,400
3.09%
44
2.74%
$1,570,600
$1,235,000
$785,000
0.04%
2
0.12%
$392,500
n/a
Bellyache, Red Sky
$10,985,300
0.49%
6
0.37%
$1,830,883
$1,875,000
Eagle
$123,620,200
5.53%
218
13.57%
$567,065
$447,000
Gypsum
$110,187,600
4.93%
151
9.40%
$729,719
$380,000
$147,281,800
6.59%
182
11.33%
$809,241
$615,000
$2,234,919,100
100.00%
1606
100.00%
$1,391,606
$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
December 2008 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
Bighorn, East Vail
$1,003,000
0.47%
3
3.70%
$334,333
$293,000
Booth Creek, The Falls
$3,100,000
1.46%
1
1.23%
$3,100,000
n/a
$0
0.00%
0
0.00%
$0
$0
Vail Village
$91,195,500
42.85%
8
9.88%
$11,399,438
$11,712,500
Lionshead
$60,531,400
28.44%
17
20.99%
$3,560,671
$3,300,000
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
$300,000
0.14%
1
1.23%
$300,000
n/a
$2,200,000
1.03%
1
1.23%
$2,200,000
n/a
$0
0.00%
0
0.00%
$0
$0
Highland Meadows
$1,857,300
0.87%
1
1.23%
$1,857,300
n/a
Intermountain, Matterhorn, Vail Village West
$2,914,000
1.37%
3
3.70%
$971,333
$564,000
$256,000
0.12%
1
1.23%
$256,000
n/a
Eagle Vail
$1,354,000
0.64%
2
2.47%
$677,000
n/a
Avon
$13,930,200
6.55%
17
20.99%
$819,424
$560,500
$0
0.00%
0
0.00%
$0
$0
Wildridge
$3,445,000
1.62%
2
2.47%
$1,722,500
n/a
Beaver Creek
$3,375,000
1.59%
3
3.70%
$1,125,000
$960,000
Area
11th Filing, Vail Golf Course
Cascade Village, Glen Lyon Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
Minturn, Redcliff
Mountain Star
$0
0.00%
0
0.00%
$0
$0
$19,302,200
9.07%
3
3.70%
$6,434,067
$6,650,000
$0
0.00%
0
0.00%
$0
$0
Edwards, Scottsville
$161,100
0.08%
1
1.23%
$161,100
n/a
Homestead, South 40
$1,715,000
0.81%
2
2.47%
$857,500
n/a
Lake Creek, Squaw Creek
$0
0.00%
0
0.00%
$0
$0
Cordillera Valley Club
$0
0.00%
0
0.00%
$0
$0
Cordillera
$0
0.00%
0
0.00%
$0
$0
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
$3,423,200
1.61%
8
9.88%
$427,900
$436,000
Gypsum
$2,740,600
1.29%
7
8.64%
$391,514
$430,000
$0
0.00%
0
0.00%
$0
$0
$212,803,500
100%
81
100.00%
$2,627,204
$929,500
Bachelor Gulch Arrowhead Berry Creek, Singletree
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