August 2010

Page 1

E gle C Eag Cou unty M Marrkett Daata August 2010 ‐ 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 2010 Month to Month Comparison by Total Dollar Volume 2007

% of Previous Year

$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

YTD - TOTAL Annual Totals

Month January February March April May June July August September October November December

2008

% of Previous Year

2009

% of Previous Year

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 $70,751,600 $95,286,400 $59,677,500 $91,791,200 $100,847,572 $96,167,100 $82,428,395 $86,926,716

33% 27% 26% 42% 45% 51% 25% 43% 60% 57% 47% 39%

$86,864,200 $100,161,634 $131,701,100 $130,653,350 $124,810,690 $141,821,150 $88,131,800 $101,212,200

215% 176% 222% 225% 176% 149% 148% 110% 0% 0% 0% 0%

$2,065,672,000

120%

$1,498,810,300

73%

$532,074,400

35%

$905,356,124

170%

$2,960,497,200

107%

$2,234,919,100

75%

$898,444,183

40%

2010

% of Previous Year

2010

% of Previous Year

Month to Month Comparison by Number of Transactions 2007

% of Previous Year

175 273 210 221 266 286 204 285 248 181 190 149

YTD - TOTAL Annual Totals

Month January February March April May June July August September October November December

2008

% of Previous Year

2009

% of Previous Year

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 99 123 106 84 95

44% 42% 30% 46% 74% 45% 48% 90% 74% 61% 70% 93%

79 95 102 116 105 121 92 101

172% 173% 232% 215% 133% 155% 123% 102% 0% 0% 0% 0%

1,920

94%

1,043

54%

530

51%

811

153%

2,688

86%

1,606

60%

938

58%

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

Copyright © 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

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, 2010 Eagle County, Colorado

Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail

$1,890,000

1.87%

3

2.97%

$630,000

$635,000

Booth Creek, The Falls

$2,100,000

2.07%

1

0.99%

$2,100,000

n/a

$0

0.00%

0

0.00%

$0

$0

Vail Village

$27,023,800

26.70%

7

6.93%

$3,860,543

$4,083,800

Lionshead

$13,907,200

13.74%

6

5.94%

$2,317,867

$1,555,000

$0

0.00%

0

0.00%

$0

$0

Potato Patch Lionsridge, Sandstone, The Ridge, The Valley

$1,281,200

1.27%

2

1.98%

$640,600

n/a

$2,777,500

2.74%

3

2.97%

$925,833

$855,000

Cascade Village, Glen Lyon

$1,200,000

1.19%

1

0.99%

$1,200,000

n/a

$900,000

0.89%

1

0.99%

$900,000

n/a

$0

0.00%

0

0.00%

$0

$0

$534,000

0.53%

1

0.99%

$534,000

n/a

Minturn, Redcliff

$1,061,000

1.05%

3

2.97%

$353,667

$400,000

Eagle Vail

$1,199,000

1.18%

2

1.98%

$599,500

n/a

$860,000

0.85%

3

2.97%

$286,667

$298,000

$0

0.00%

0

0.00%

$0

$0

Wildridge

$1,955,000

1.93%

3

2.97%

$651,667

$700,000

Beaver Creek

$7,081,000

7.00%

5

4.95%

$1,416,200

$1,500,000

Bachelor Gulch

$8,525,000

8.42%

3

2.97%

$2,841,667

$2,500,000

Arrowhead

$3,716,000

3.67%

4

3.96%

$929,000

$940,500

Berry Creek, Singletree

$2,140,000

2.11%

3

2.97%

$713,333

$750,000

Edwards

$1,927,600

1.90%

8

7.92%

$240,950

$237,500

Homestead, South 40

$1,185,000

1.17%

2

1.98%

$592,500

n/a

$0

0.00%

0

0.00%

$0

$0

Cordillera Valley Club

$1,575,000

1.56%

2

1.98%

$787,500

n/a

Cordillera

$9,029,900

8.92%

5

4.95%

$1,805,980

$2,150,000

Wolcott

$0

0.00%

0

0.00%

$0

$0

Bellyache, Red Sky

$0

0.00%

0

0.00%

$0

$0

Eagle

$5,405,800

5.34%

18

17.82%

$300,322

$300,950

Gypsum

$2,852,400

2.82%

11

10.89%

$259,309

$290,000

Basalt, El Jebel and Misc. In-County

$1,075,800

1.06%

3

2.97%

$358,600

$75,000

$10,000

0.01%

1

0.99%

$10,000

n/a

$101,212,200

100.00%

101

100.00%

$1,002,101

$511,000

Area

11th Filing, Vail Golf Course

Spraddle Creek

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

Avon Mountain Star

Lake Creek, Squaw Creek

Quit Claim Deeds

TOTAL

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, 2010

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 27 24 9 3 4 2 1 1 2 0 3 76

Total Dollar Volume $8,214,400 $17,820,200 $11,520,000 $5,220,000 $8,825,000 $5,755,000 $3,122,200 $4,000,000 $8,233,800 $0 $22,015,000 $94,725,600

Average Sales Price $304,237 $742,508 $1,280,000 $1,740,000 $2,206,250 $2,877,500 $3,122,200 $4,000,000 $4,116,900 $0 $7,338,333 $1,246,389

25

$6,486,600

$259,464

Total Number of Transactions

Total Dollar Volume $30,520,700 $64,204,900 $4,062,900

Average Sales Price $872,020 $1,565,973 $338,575

Total

88

$98,788,500

$1,122,597

Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com

$1,500,001 to $2,000,000 6% $1,500,001 to $2,000,000 4%

Under $500,000 36%

Number of Transactions 35 41 12

Total Dollar Volume

$1,000,001 to $1,500,000 11% $500,001 to $1,000,000 32%

Sale Single Family Multi Family Vacant Residential Land

$1,000,001 to $1,500,000 12%

Over 2 Million 17% $500,001 to $1,000,000 19%

Over 2 Million 55%

Under $500,000 8%

* 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; August - 2010

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 259 188 69 39 29 18 10 6 6 3 33 660

Total Dollar Volume $81,606,074 $134,208,700 $86,632,900 $67,427,200 $64,091,300 $50,321,000 $32,223,400 $23,154,000 $25,408,800 $14,180,000 $230,523,000 $809,776,374

Average Sales Price $315,081 $713,876 $1,255,549 $1,728,903 $2,210,045 $2,795,611 $3,222,340 $3,859,000 $4,234,800 $4,726,667 $6,985,545 $1,226,934

151

$95,579,750

$632,978

Total Number of Transactions

Under $500,000 40%

Number of Transactions 263 397 57

Total Dollar Volume $332,623,450 $477,152,924 $20,346,000

Average Sales Price $1,264,728 $1,201,897 $356,947

Total

717

$830,122,374

$1,157,772

Total Dollar Volume

$1,000,001 to $1,500,000 10% $500,001 to $1,000,000 28%

Sale Single Family Multi Family Vacant Residential Land

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

Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com

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

Over 2 Million 54%

$1,000,001 to $1,500,000 11%

Over 2 Million 16% $500,001 to $1,000,000 17%

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


Commercial Transactions August, 2010 Eagle County, Colorado

Sale Commercial Improved Commercial Vacant Development Vacant

Number of Transactions 3 4 0

Total Dollar Volume $1,142,000 $494,900 $0

Average Sales Price $380,667 $123,725 $0

YTD Number of Transactions 19 26 5

YTD Total Dollar Volume $15,826,900 $2,989,950 $38,205,300

YTD Average Sales Price $832,995 $114,998 $7,641,060

Total

7

$1,636,900

$233,843

50

$57,022,150

$1,140,443

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 .

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information ZZZ %HDYHU&UHHN2QOLQH FRP


Market Analysis by Area

Includes: Commercial, Residential and Vacant Land

Year to Date; Through August - 2010 Eagle County, Colorado

Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail

$27,767,400

3.07%

36

4.44%

$771,317

$530,000

Booth Creek, The Falls

$2,595,000

0.29%

2

0.25%

$1,297,500

n/a

11th Filing, Vail Golf Course

$18,915,000

2.09%

6

0.74%

$3,152,500

$3,342,500

Vail Village

$183,395,300

20.26%

53

6.54%

$3,460,289

$2,500,000

Lionshead

$82,051,200

9.06%

32

3.95%

$2,564,100

$2,173,750

Spraddle Creek

$9,000,000

0.99%

1

0.12%

$9,000,000

n/a

Potato Patch Lionsridge, Sandstone, The Ridge, The Valley

$6,570,800

0.73%

6

0.74%

$1,095,133

$1,063,100

$16,118,890

1.78%

22

2.71%

$732,677

$423,750

Cascade Village, Glen Lyon

$28,475,000

3.15%

11

1.36%

$2,588,636

$2,670,000

Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge

$8,296,450

0.92%

12

1.48%

$691,371

$530,000

Highland Meadows

$5,374,500

0.59%

3

0.37%

$1,791,500

$1,800,000

Intermountain, Matterhorn, Vail Village West

$9,132,000

1.01%

12

1.48%

$761,000

$612,500

Minturn, Redcliff

$4,710,500

0.52%

12

1.48%

$392,542

$371,250

Eagle Vail

$14,837,600

1.64%

29

3.58%

$511,641

$520,000

Avon

$59,388,934

6.56%

113

13.93%

$525,566

$340,000

Mountain Star

$4,075,000

0.45%

2

0.25%

$2,037,500

n/a

Wildridge

$6,261,200

0.69%

13

1.60%

$481,631

$455,000

Beaver Creek

$114,490,000

12.65%

53

6.54%

$2,160,189

$1,500,000

Bachelor Gulch

$20,223,200

2.23%

10

1.23%

$2,022,320

$1,875,550

Arrowhead

$38,093,000

4.21%

28

3.45%

$1,360,464

$1,112,500

Berry Creek, Singletree

$15,187,300

1.68%

19

2.34%

$799,332

$720,000

Edwards

$18,513,950

2.04%

47

5.80%

$393,914

$286,000

Homestead, South 40

$8,061,000

0.89%

13

1.60%

$620,077

$425,000

Lake Creek, Squaw Creek

$12,746,200

1.41%

6

0.74%

$2,124,367

$1,929,350

Cordillera Valley Club

$9,450,400

1.04%

6

0.74%

$1,575,067

$1,550,000

Cordillera

$41,843,700

4.62%

33

4.07%

$1,267,991

$1,000,000

$0

0.00%

0

0.00%

$0

$0

Bellyache, Red Sky

$10,691,900

1.18%

10

1.23%

$1,069,190

$362,500

Eagle

$46,589,400

5.15%

101

12.45%

$461,281

$329,900

Gypsum

$32,297,700

3.57%

62

7.64%

$520,931

$303,500

Basalt, El Jebel and Misc. In-County

$46,768,600

5.17%

49

6.04%

$954,461

$525,000

Quit Claim Deeds

$3,435,000

0.38%

9

1.11%

$381,667

n/a

$905,356,124

100.00%

811

100.00%

$1,116,345

$545,000

Area

Wolcott

TOTAL

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, 2010 Eagle County, Colorado Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Avg. Price/sq. ft

Bighorn, East Vail

$1,890,000

2.00%

3

3.95%

$630,000

$635,000

$431

Booth Creek, The Falls

$2,100,000

2.22%

1

1.32%

$2,100,000

n/a

$784

$0

0.00%

0

0.00%

$0

$0

$0

Vail Village

$26,948,800

28.45%

6

7.89%

$4,491,467

$4,116,900

$647

Lionshead

$13,907,200

14.68%

6

7.89%

$2,317,867

$1,555,000

$549

$0

0.00%

0

0.00%

$0

$0

$0

Area

11th Filing, Vail Golf Course

Spraddle Creek Potato Patch Lionsridge, Sandstone, The Ridge, The Valley

$931,200

0.98%

1

1.32%

$931,200

n/a

$379

$2,777,500

2.93%

3

3.95%

$925,833

$855,000

$429

Cascade Village, Glen Lyon

$1,200,000

1.27%

1

1.32%

$1,200,000

n/a

$636

$900,000

0.95%

1

1.32%

$900,000

n/a

$339

$0

0.00%

0

0.00%

$0

$0

$0

$534,000

0.56%

1

1.32%

$534,000

n/a

n/a

Minturn, Redcliff

$1,050,000

1.11%

2

2.63%

$525,000

n/a

$435

Eagle Vail

$1,199,000

1.27%

2

2.63%

$599,500

n/a

$318

$610,000

0.64%

2

2.63%

$305,000

n/a

$541

$0

0.00%

0

0.00%

$0

$0

$0

Wildridge

$1,500,000

1.58%

2

2.63%

$750,000

n/a

$206

Beaver Creek

$7,081,000

7.48%

5

6.58%

$1,416,200

$1,500,000

$818

Bachelor Gulch

$6,500,000

6.86%

2

2.63%

$3,250,000

n/a

$884

Arrowhead

$3,716,000

3.92%

4

5.26%

$929,000

$940,500

$403

Berry Creek, Singletree

$2,140,000

2.26%

3

3.95%

$713,333

$750,000

$275

Edwards, Scottsville

$1,212,600

1.28%

5

6.58%

$242,520

$230,000

$250

Homestead, South 40

$1,185,000

1.25%

2

2.63%

$592,500

n/a

$231

$0

0.00%

0

0.00%

$0

$0

$0

Cordillera Valley Club

$1,260,000

1.33%

1

1.32%

$1,260,000

n/a

$357

Cordillera

$8,855,000

9.35%

4

5.26%

$2,213,750

$2,455,000

$419

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

$4,335,900

4.58%

11

14.47%

$394,173

$367,200

$159

Gypsum

$1,942,400

2.05%

7

9.21%

$277,486

$290,000

$144

$950,000

1.00%

1

1.32%

$950,000

n/a

$316

$94,725,600

100.00%

76

100.00%

$1,246,389

$690,500

$396

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

Avon Mountain Star

Lake Creek, Squaw Creek

Basalt, El Jebel and Misc. In-County

TOTAL 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 © 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


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