E gle C Eag Cou unty M Marrkett Daata December 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 Highland H olorado ds Lodgge Office in Beaaver Crreek, Co o ǁǁǁ͘ ĞĂǀĞƌ ƌĞĞŬKŶůŝŶĞ͘ĐŽŵ
MARKET ANALYSIS Eagle County, Colorado December 2010 Month to Month Comparison by Total Dollar Volume 2007
% of Previous Year
2008
% of Previous Year
2009
% of Previous Year
2010
% 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
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 $235,695,303 $133,924,900 $113,577,217 $108,618,689
215% 176% 222% 225% 176% 149% 148% 110% 234% 139% 138% 125%
YTD - TOTAL
$2,960,497,200
107%
$2,234,919,100
75%
$898,444,183
40%
$1,497,172,233
167%
Annual Totals
$2,960,497,200
107%
$2,234,919,100
75%
$898,444,183
40%
$1,497,172,233
167%
Month January February March April May June July August September October November December
Month to Month Comparison by Number of Transactions 2008
% of Previous Year
2009
% of Previous Year
2010
% 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 92 101 115 115 112 97
172% 173% 232% 215% 133% 155% 123% 102% 93% 108% 133% 102%
2,688
89%
1,606
60%
938
58%
1,250
133%
2,688
86%
1,606
60%
938
58%
1,250
133%
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
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 The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 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
Market Analysis by Area Includes: Commercial, Residential and Vacant Land
December, 2010 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Bighorn, East Vail
$4,320,000
3.98%
4
4.12%
$1,080,000
$1,110,000
Booth Creek, The Falls
$2,800,000
2.58%
3
3.09%
$933,333
$1,050,000
$0
0.00%
0
0.00%
$0
$0
Vail Village
$13,008,800
11.98%
6
6.19%
$2,168,133
$2,675,000
Lionshead
Area
11th Filing, Vail Golf Course
Median Transaction Price
$11,234,900
10.34%
5
5.15%
$2,246,980
$1,644,900
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
$9,454,500
8.70%
3
3.09%
$3,151,500
$341,000
$0
0.00%
0
0.00%
$0
$0
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$360,000
0.33%
1
1.03%
$360,000
n/a
Highland Meadows
$777,000
0.72%
1
1.03%
$777,000
n/a
Intermountain, Matterhorn, Vail Village West
$855,000
0.79%
2
2.06%
$427,500
n/a
$0
0.00%
0
0.00%
$0
$0
Eagle Vail
$1,565,000
1.44%
4
4.12%
$391,250
$391,000
Avon
$1,759,100
1.62%
7
7.22%
$251,300
$270,000
Mountain Star
$4,200,000
3.87%
1
1.03%
$4,200,000
n/a
Wildridge
$1,260,800
1.16%
1
1.03%
$1,260,800
n/a
Beaver Creek
$26,412,000
24.32%
10
10.31%
$2,641,200
$2,006,000
Bachelor Gulch
$1,377,500
1.27%
1
1.03%
$1,377,500
n/a
$133,389
0.12%
1
1.03%
$133,389
n/a
$1,017,500
0.94%
2
2.06%
$508,750
n/a
Cascade Village, Glen Lyon
Minturn, Redcliff
Arrowhead Berry Creek, Singletree
$460,000
0.42%
2
2.06%
$230,000
n/a
$1,621,700
1.49%
3
3.09%
$540,567
$350,000
Lake Creek, Squaw Creek
$0
0.00%
0
0.00%
$0
$0
Cordillera Valley Club
$0
0.00%
0
0.00%
$0
$0
Edwards Homestead, South 40
$5,280,000
4.86%
5
5.15%
$1,056,000
$950,000
Wolcott
$0
0.00%
0
0.00%
$0
$0
Bellyache, Red Sky
$0
0.00%
0
0.00%
$0
$0
Eagle
$9,947,500
9.16%
14
14.43%
$710,536
$374,000
Gypsum
$1,891,700
1.74%
13
13.40%
$145,515
$150,000
Basalt, El Jebel and Misc. In-County
$8,882,300
8.18%
8
8.25%
$1,110,288
$376,250
Cordillera
Quit Claim Deeds
TOTAL
$0
0.00%
0
0.00%
$0
n/a
$108,618,689
100.00%
97
100.00%
$1,119,780
$440,000
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 The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 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 December, 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 37 11 10 5 2 4 1 2 1 0 3 76
Total Dollar Volume $10,276,000 $7,949,500 $12,148,300 $8,736,900 $4,375,000 $10,850,000 $3,250,000 $7,300,000 $4,200,000 $0 $22,700,000 $91,785,700
Average Sales Price $277,730 $722,682 $1,214,830 $1,747,380 $2,187,500 $2,712,500 $3,250,000 $3,650,000 $4,200,000 $0 $7,566,667 $1,207,707
21
$16,832,989
$801,571
Total Number of Transactions
$500,001 to $1,000,000 14%
$1,000,001 to $1,500,000 13%
Under $500,000 49%
Sale Single Family Multi Family Vacant Residential Land
Number of Transactions 32 44 7
Total Dollar Volume $44,983,100 $46,802,600 $5,960,000
Average Sales Price $1,405,722 $1,063,695 $851,429
Total
83
$97,745,700
$1,177,659
Total Dollar Volume
$1,500,001 to $2,000,000 7%
Over 2 Million 17%
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
$1,500,001 to $2,000,000 10%
Over 2 Million 57% $1,000,001 to $1,500,000 13% $500,001 to $1,000,000 9%
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
All Residential Transactions Year to Date; December - 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 418 271 105 67 50 28 15 13 9 7 44 1027
Total Dollar Volume $127,981,094 $192,237,200 $130,886,200 $116,051,600 $110,517,300 $77,481,900 $48,467,300 $49,640,500 $37,675,100 $33,186,500 $306,328,000 $1,230,452,694
Average Sales Price $306,175 $709,362 $1,246,535 $1,732,113 $2,210,346 $2,767,211 $3,231,153 $3,818,500 $4,186,122 $4,740,929 $6,962,000 $1,198,104
223
$266,719,539
$1,196,052
Total Number of Transactions $1,000,001 to $1,500,000 10% $500,001 to $1,000,000 26%
Under $500,000 41%
$1,500,001 to $2,000,000 7%
Sale Single Family Multi Family Vacant Residential Land
Number of Transactions 428 599 79
Total Dollar Volume $541,244,850 $689,207,844 $32,356,400
Average Sales Price $1,264,591 $1,150,597 $409,575
Total
1106
$1,262,809,094
$1,141,780
Total Dollar Volume
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
$1,500,001 to $2,000,000 9%
$1,000,001 to $1,500,000 11%
$0.09
Over 2 Million 16% $500,001 to $1,000,000 16%
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
Over 2 Million 54%
Commercial Transactions December, 2010 Eagle County, Colorado
Sale Commercial Improved Commercial Vacant Development Vacant
Number of Transactions 2 1 1
Total Dollar Volume $380,000 $28,000 $5,000,000
Average Sales Price $190,000 $28,000 $5,000,000
YTD Number of Transactions 31 36 7
YTD Total Dollar Volume $25,159,300 $4,551,350 $61,205,300
YTD Average Sales Price $811,590 $126,426 $8,743,614
Total
4
$5,408,000
$1,352,000
74
$90,915,950
$1,228,594
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: Commercial, Residential and Vacant Land
Year to Date; Through December - 2010 Eagle County, Colorado
Area
Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
Bighorn, East Vail
$41,494,500
2.77%
58
4.64%
$715,422
$445,000
Booth Creek, The Falls
$9,795,000
0.65%
8
0.64%
$1,224,375
$1,075,000
11th Filing, Vail Golf Course
$19,425,000
1.30%
7
0.56%
$2,775,000
$1,510,000
Vail Village
$226,683,300
15.14%
73
5.84%
$3,105,251
$2,300,000
Lionshead
$263,818,700
17.62%
63
5.04%
$4,187,598
$2,125,000
Spraddle Creek
$9,000,000
0.60%
1
0.08%
$9,000,000
DNA
Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$6,570,800
0.44%
6
0.48%
$1,095,133
$1,063,100
$34,858,952
2.33%
40
3.20%
$871,474
$400,000
Cascade Village, Glen Lyon
$35,270,000
2.36%
14
1.12%
$2,519,286
$2,435,000
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$14,511,450
0.97%
20
1.60%
$725,573
$530,000
Highland Meadows
$10,226,500
0.68%
7
0.56%
$1,460,929
$1,550,000
Intermountain, Matterhorn, Vail Village West
$12,979,500
0.87%
20
1.60%
$648,975
$554,500
Minturn, Redcliff
$5,545,500
0.37%
13
1.04%
$426,577
$392,500
Eagle Vail
$25,425,400
1.70%
48
3.84%
$529,696
$515,000
Avon
$70,580,381
4.71%
148
11.84%
$476,894
$327,550
Mountain Star
$14,525,000
0.97%
5
0.40%
$2,905,000
$3,150,000
Wildridge
$10,672,500
0.71%
19
1.52%
$561,711
$520,000
Beaver Creek
$183,770,500
12.27%
85
6.80%
$2,162,006
$1,500,000
Bachelor Gulch
$46,173,200
3.08%
19
1.52%
$2,430,168
$1,900,000
Arrowhead
$53,738,889
3.59%
40
3.20%
$1,343,472
$1,112,500
Berry Creek, Singletree
$25,223,800
1.68%
31
2.48%
$813,671
$720,000
Edwards
$31,330,050
2.09%
64
5.12%
$489,532
$286,500
Homestead, South 40
$12,640,700
0.84%
23
1.84%
$549,596
$410,000
Lake Creek, Squaw Creek
$16,178,700
1.08%
9
0.72%
$1,797,633
$1,758,700
Cordillera Valley Club
$16,220,400
1.08%
8
0.64%
$2,027,550
$1,825,200
Cordillera
$72,260,200
4.83%
51
4.08%
$1,416,867
$1,275,000
Wolcott
$6,020,000
0.40%
3
0.24%
$2,006,667
$2,320,000
Bellyache, Red Sky
$20,117,800
1.34%
16
1.28%
$1,257,363
$639,250
Eagle
$66,701,411
4.46%
150
12.00%
$444,676
$292,000
Gypsum
$58,497,800
3.91%
103
8.24%
$567,940
$260,800
Basalt, El Jebel and Misc. In-County
$69,865,800
4.67%
85
6.80%
$821,951
$480,000
Quit Claim Deeds
TOTAL
$7,050,500
0.47%
13
1.04%
$542,346
n/a
$1,497,172,233
100.00%
1250
100.00%
$1,197,738
$531,250
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 The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 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
December, 2010 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Bighorn, East Vail
$3,970,000
4.33%
3
3.95%
$1,323,333
$1,320,000
$473
Booth Creek, The Falls
$1,750,000
1.91%
2
2.63%
$875,000
n/a
$314
$0
0.00%
0
0.00%
$0
$0
$0
Vail Village
$12,300,000
13.40%
4
5.26%
$3,075,000
$3,000,000
$1,524
Lionshead
$11,234,900
12.24%
5
6.58%
$2,246,980
$1,644,900
$1,038
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
$9,454,500
10.30%
3
3.95%
$3,151,500
$341,000
$398
Area
11th Filing, Vail Golf Course
Median Avg. Price/sq. Transaction Price ft
$0
0.00%
0
0.00%
$0
$0
$0
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$360,000
0.39%
1
1.32%
$360,000
n/a
$324
Highland Meadows
$777,000
0.85%
1
1.32%
$777,000
n/a
$174
Intermountain, Matterhorn, Vail Village West
$855,000
0.93%
2
2.63%
$427,500
n/a
$333
Cascade Village, Glen Lyon
$0
0.00%
0
0.00%
$0
$0
$0
Eagle Vail
$1,565,000
1.71%
4
5.26%
$391,250
$391,000
$224
Avon
$1,759,100
1.92%
7
9.21%
$251,300
$270,000
$236
Mountain Star
$4,200,000
4.58%
1
1.32%
$4,200,000
n/a
$626
Wildridge
$1,260,800
1.37%
1
1.32%
$1,260,800
n/a
$273
Beaver Creek
$26,412,000
28.78%
10
13.16%
$2,641,200
$2,006,000
$738
Bachelor Gulch
$1,377,500
1.50%
1
1.32%
$1,377,500
n/a
$778
Minturn, Redcliff
$0
0.00%
0
0.00%
$0
$0
$0
Berry Creek, Singletree
$692,500
0.75%
1
1.32%
$692,500
n/a
$308
Edwards, Scottsville
$270,000
0.29%
1
1.32%
$270,000
n/a
$238
Homestead, South 40
Arrowhead
$1,621,700
1.77%
3
3.95%
$540,567
$350,000
$234
Lake Creek, Squaw Creek
$0
0.00%
0
0.00%
$0
$0
$0
Cordillera Valley Club
$0
0.00%
0
0.00%
$0
$0
$0
$5,280,000
5.75%
5
6.58%
$1,056,000
$950,000
$243
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
$3,806,500
4.15%
9
11.84%
$422,944
$398,000
$170
Cordillera
Eagle Gypsum
$1,524,200
1.66%
9
11.84%
$169,356
$155,000
$112
Basalt, El Jebel and Misc. In-County
$1,315,000
1.43%
3
3.95%
$438,333
$440,000
$231
TOTAL
$91,785,700
100.00%
76
100.00%
$1,207,707
$512,500
$434
VAIL The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 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 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
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com