E gle C Eag Cou unty M Marrkett Daata August 2009 ‐ 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 August 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
$1,718,301,700
103%
$2,065,672,000
120%
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 $59,677,500 $91,791,200
33% 27% 26% 42% 45% 51% 25% 43%
$1,498,810,300
73%
$532,074,400
35%
$2,234,919,100
75%
2009
% of Previous Year
Note: August Re-Recording at #200917161 changed the Gross Volume for July by ($450,000) The correct Gross Volume is shown Above.
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 75 99
44% 42% 30% 46% 74% 45% 48% 90%
2,029
81%
1,920
95%
1,043
54%
530
51%
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
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
Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
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
Market Analysis by Area Includes: Commercial, Residential and Vacant Land
August, 2009 Eagle County, Colorado
Area
Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
$1,177,000
1.28%
3
3.03%
$392,333
$400,500
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
$9,263,000
10.09%
4
4.04%
$2,315,750
$1,831,500
Lionshead
Bighorn, East Vail
$1,462,000
1.59%
3
3.03%
$487,333
$415,000
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
$5,278,000
5.75%
13
13.13%
$406,000
$67,000
$0
0.00%
0
0.00%
$0
$0
$475,000
0.52%
1
1.01%
$475,000
n/a
$0
0.00%
0
0.00%
$0
$0
$610,000
0.66%
1
1.01%
$610,000
n/a
$0
0.00%
0
0.00%
$0
$0
$1,648,300
1.80%
3
3.03%
$549,433
$535,000
Cascade Village, Glen Lyon Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge Highland Meadows Intermountain, Matterhorn, Vail Village West Minturn, Redcliff Eagle Vail
$370,000
0.40%
2
2.02%
$185,000
n/a
$0
0.00%
0
0.00%
$0
$0
$360,000
0.39%
1
1.01%
$360,000
n/a
Beaver Creek
$11,305,000
12.32%
5
5.05%
$2,261,000
$2,000,000
Bachelor Gulch
$13,050,000
14.22%
3
3.03%
$4,350,000
$2,900,000
Arrowhead
$12,419,000
13.53%
6
6.06%
$2,069,833
$1,934,500
Berry Creek, Singletree
$4,884,500
5.32%
4
4.04%
$1,221,125
$952,500
Edwards
$1,472,800
1.60%
4
4.04%
$368,200
$307,750
Homestead, South 40
$1,812,500
1.97%
3
3.03%
$604,167
$762,500
$0
0.00%
0
0.00%
$0
$0
Avon Mountain Star Wildridge
Lake Creek, Squaw Creek Cordillera Valley Club
$1,000,000
1.09%
1
1.01%
$1,000,000
n/a
Cordillera
$10,050,000
10.95%
7
7.07%
$1,435,714
$1,395,000
Wolcott
$1,000,000
1.09%
1
1.01%
$1,000,000
n/a
$650,000
0.71%
1
1.01%
$650,000
n/a
Eagle
$5,297,300
5.77%
15
15.15%
$353,153
$300,000
Gypsum
$2,341,600
2.55%
7
7.07%
$334,514
$295,000
Basalt, El Jebel and Misc. In-County
$5,766,200
6.28%
9
9.09%
$640,689
$545,000
Bellyache, Red Sky
Quit Claim Deed
TOTAL
$99,000
0.11%
2
2.02%
$49,500
n/a
$91,791,200
100.00%
99
100.00%
$945,280
$464,000
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
Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
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
All Residential Transactions August, 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 25 22 4 5 3 5 2 0 1 0 2 69
Total Dollar Volume $8,163,300 $16,909,500 $5,258,000 $9,504,000 $7,000,000 $13,890,500 $7,000,000 $0 $4,450,000 $0 $13,450,000 $85,625,300
Average Sales Price $326,532 $768,614 $1,314,500 $1,900,800 $2,333,333 $2,778,100 $3,500,000 $0 $4,450,000 $0 $6,725,000 $1,240,946
30
$6,165,900
$205,530
Total Number of Transactions $1,000,001 to $1,500,000 6% $500,001 to $1,000,000 32%
$1,500,001 to $2,000,000 7%
Over 2 Million 19% Under $500,000 36%
Sale Single Family Multi Family Vacant Residential Land
Number of Transactions 37 32 6
Total Dollar Volume $53,680,000 $31,945,300 $1,554,800
Average Sales Price $1,450,811 $998,291 $259,133
Total
75
$87,180,100
$1,162,401
Total Dollar Volume
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
$1,500,001 to $2,000,000 11% $1,000,001 to $1,500,000 6%
$500,001 to $1,000,000 20%
Over 2 Million 53%
Under $500,000 10%
* includes all non-improved residential transactions 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. Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
Bob Rulon 970-328-1462 brulon@ltgc.com
All Residential Transactions Year to Date; Year Through End - 2008 August - 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 144 109 36 26 17 13 10 2 3 0 13 373
Total Dollar Volume $49,054,900 $81,051,600 $44,797,300 $47,373,100 $39,180,700 $36,410,500 $33,044,000 $7,600,000 $12,800,000 $0 $103,975,000 $455,287,100
Average Sales Price $340,659 $743,593 $1,244,369 $1,822,042 $2,304,747 $2,800,808 $3,304,400 $3,800,000 $4,266,667 $0 $7,998,077 $1,220,609
157
$77,237,300
$491,957
Total Number of Transactions $1,000,001 to $1,500,000 10% $500,001 to $1,000,000 29%
Sale Single Family Multi Family Vacant Residential Land
Number of Transactions 187 186 33
Total Dollar Volume $251,869,800 $203,417,300 $13,734,600
Average Sales Price $1,346,897 $1,093,641 $416,200
Total
406
$469,021,700
$1,155,226
Total Dollar Volume
$1,500,001 to $2,000,000 7%
Over 2 Million 16% Under $500,000 38%
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
$1,500,001 to $2,000,000 10% $1,000,001 to $1,500,000 10%
$500,001 to $1,000,000 18%
Over 2 Million 51%
Under $500,000 11%
* includes all non-improved residential transactions 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. Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
Bob Rulon 970-328-1462 brulon@ltgc.com
Commercial Transactions August, 2009 Eagle County, Colorado
Sale Commercial Improved Commercial Vacant Development Vacant
Number of Transactions 5 15 0
Total Dollar Volume $1,511,800 $1,599,800 $0
Average Sales Price $302,360 $106,653 $0
YTD Number of Transactions 35 53 0
YTD Total Dollar Volume $40,547,800 $6,609,800 $0
YTD Average Sales Price $1,158,509 $124,713 $0
Total
20
$3,111,600
$155,580
88
$47,157,600
$535,882
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com
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. Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
Market Analysis by Area Includes: Includes:Commercial, Commercial, Residential Residential and and Vacant VacantLand Land Year to Date; Year Through End - 2008 August - 2009 Eagle County, County, Colorado Colorado Eagle
Area Bighorn, East Vail
Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
$12,320,000
2.32%
18
3.40%
$684,444
$477,500
Booth Creek, The Falls
$912,500
0.17%
1
0.19%
$912,500
n/a
11th Filing, Vail Golf Course
$962,500
0.18%
1
0.19%
$962,500
n/a
Vail Village
$64,083,600
12.04%
48
9.06%
$1,335,075
$754,000
Lionshead
$25,879,500
4.86%
10
1.89%
$2,587,950
$1,050,000
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
$10,536,700
1.98%
22
4.15%
$478,941
$316,250
Cascade Village, Glen Lyon
$10,580,000
1.99%
6
1.13%
$1,763,333
$1,795,000
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$6,511,000
1.22%
11
2.08%
$591,909
$390,000
Highland Meadows
$1,100,000
0.21%
1
0.19%
$1,100,000
n/a
Intermountain, Matterhorn, Vail Village West
$8,860,800
1.67%
11
2.08%
$805,527
$578,000
Minturn, Redcliff
$3,826,500
0.72%
6
1.13%
$637,750
$559,500
Eagle Vail
$7,154,600
1.34%
14
2.64%
$511,043
$498,150
Avon
$12,868,100
2.42%
26
4.91%
$494,927
$318,200
Mountain Star
$15,500,000
2.91%
1
0.19%
$15,500,000
n/a
Wildridge
$10,268,600
1.93%
12
2.26%
$855,717
$865,400
Beaver Creek
$64,181,900
12.06%
30
5.66%
$2,139,397
$2,000,000
Bachelor Gulch
$35,100,000
6.60%
8
1.51%
$4,387,500
$3,575,000
Arrowhead
$54,996,500
10.34%
28
5.28%
$1,964,161
$1,450,000
Berry Creek, Singletree
$16,320,100
3.07%
16
3.02%
$1,020,006
$831,000
Edwards
$13,601,600
2.56%
31
5.85%
$438,761
$353,000
Homestead, South 40
$5,310,500
1.00%
8
1.51%
$663,813
$450,000
Lake Creek, Squaw Creek
$4,962,000
0.93%
2
0.38%
$2,481,000
n/a
Cordillera Valley Club
$10,114,000
1.90%
7
1.32%
$1,444,857
$358,000
Cordillera
$47,528,500
8.93%
21
3.96%
$2,263,262
$1,175,000
Wolcott
$1,375,000
0.26%
2
0.38%
$687,500
n/a
Bellyache, Red Sky
$5,500,000
1.03%
7
1.32%
$785,714
$525,000
Eagle
$29,451,000
5.54%
77
14.53%
$382,481
$344,500
Gypsum
$15,994,800
3.01%
52
9.81%
$307,592
$320,000
Basalt, El Jebel and Misc. In-County
$36,175,100
6.80%
51
9.62%
$709,316
$530,000
Quit Claim Deed
$99,000
0.02%
2
0.38%
$49,500
n/a
TOTAL
$532,074,400
99.98%
530
99.62%
$1,003,914
$525,000
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
Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
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
Residential Improved Transactions Excludes: Vacant Land and Commercial
August, 2009 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
$776,500
0.91%
2
2.90%
$388,250
n/a
$492
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
$9,113,000
10.64%
3
4.35%
$3,037,667
$2,400,000
$1,227
Lionshead
Area Bighorn, East Vail
Median Avg. Price/sq. Transaction Price ft
$1,462,000
1.71%
3
4.35%
$487,333
$415,000
$805
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
$4,330,000
5.06%
3
4.35%
$1,443,333
$1,400,000
$383
$0
0.00%
0
0.00%
$0
$0
$0
$475,000
0.55%
1
1.45%
$475,000
n/a
$220
$0
0.00%
0
0.00%
$0
$0
$0
$610,000
0.71%
1
1.45%
$610,000
n/a
$370
$0
0.00%
0
0.00%
$0
$0
$0
$1,648,300
1.93%
3
4.35%
$549,433
$535,000
$282
$281,000
0.33%
1
1.45%
$281,000
n/a
$312
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
$0
0.00%
0
0.00%
$0
$0
$0
$360,000
0.42%
1
1.45%
$360,000
n/a
$444
Beaver Creek
$11,305,000
13.20%
5
7.25%
$2,261,000
$2,000,000
$802
Bachelor Gulch
$13,050,000
15.24%
3
4.35%
$4,350,000
$2,900,000
$962
Arrowhead
$12,419,000
14.50%
6
8.70%
$2,069,833
$1,934,500
$480
Berry Creek, Singletree
$4,884,500
5.70%
4
5.80%
$1,221,125
$952,500
$326
Edwards, Scottsville
$1,472,800
1.72%
4
5.80%
$368,200
$307,750
$245
Homestead, South 40
$1,562,500
1.82%
2
2.90%
$781,250
n/a
$243
$0
0.00%
0
0.00%
$0
$0
$0
Cordillera Valley Club
$1,000,000
1.17%
1
1.45%
$1,000,000
n/a
$278
Cordillera
$8,775,000
10.25%
4
5.80%
$2,193,750
$2,192,500
$448
Wolcott: North of I-70
$1,000,000
1.17%
1
1.45%
$1,000,000
n/a
$229
$0
0.00%
0
0.00%
$0
$0
$0
$4,587,500
5.36%
10
14.49%
$458,750
$405,000
$186
$764,000
0.89%
3
4.35%
$254,667
$295,000
$139
Mountain Star Wildridge
Lake Creek, Squaw Creek
Bellyache, Red Sky, Wolcott South of I-70 Eagle Gypsum Basalt, El Jebel and Misc. In-County
TOTAL
$5,749,200
6.71%
8
11.59%
$718,650
$597,500
$345
$85,625,300
100.00%
69
100.00%
$1,240,946
$725,000
$439
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
Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information ZZZ %HDYHU&UHHN2QOLQH FRP