October 2010

Page 1

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

% of Previous Year

2008

% of Previous Year

2009

% 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

215% 176% 222% 225% 176% 149% 148% 110% 234% 139% 0% 0%

YTD - TOTAL

$2,541,283,300

115%

$1,835,624,200

72%

$729,089,072

40%

$1,274,976,327

175%

Annual Totals

$2,960,497,200

107%

$2,234,919,100

75%

$898,444,183

40%

2010

% of Previous Year

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

2010

% of Previous Year

Month to Month Comparison by Number of Transactions 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 92 101 115 115

172% 173% 232% 215% 133% 155% 123% 102% 93% 108% 0% 0%

2,349

91%

1,384

59%

759

55%

1,041

137%

2,688

86%

1,606

60%

938

58%

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

October, 2010 Eagle County, Colorado Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

$1,412,000

1.05%

3

2.61%

$470,667

$400,000

$0

0.00%

0

0.00%

$0

$0

$510,000

0.38%

1

0.87%

$510,000

n/a

Vail Village

$11,096,700

8.29%

5

4.35%

$2,219,340

$1,275,000

Lionshead

Area Bighorn, East Vail Booth Creek, The Falls 11th Filing, Vail Golf Course

$36,196,300

27.03%

13

11.30%

$2,784,331

$2,634,300

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

$1,785,000

1.33%

3

2.61%

$595,000

$450,000

$0

0.00%

0

0.00%

$0

$0

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

$4,690,000

3.50%

4

3.48%

$1,172,500

$1,125,000

Highland Meadows

Cascade Village, Glen Lyon

$2,525,000

1.89%

2

1.74%

$1,262,500

n/a

Intermountain, Matterhorn, Vail Village West

$415,000

0.31%

1

0.87%

$415,000

n/a

Minturn, Redcliff

$835,000

0.62%

1

0.87%

$835,000

n/a

Eagle Vail

$3,857,000

2.88%

5

4.35%

$771,400

$653,000

Avon

$3,036,500

2.27%

10

8.70%

$303,650

$279,250

$0

0.00%

0

0.00%

$0

$0

Wildridge

$1,338,000

1.00%

3

2.61%

$446,000

$525,000

Beaver Creek

$22,272,000

16.63%

10

8.70%

$2,227,200

$1,587,500

Mountain Star

Bachelor Gulch

$5,250,000

3.92%

1

0.87%

$5,250,000

n/a

Arrowhead

$6,240,000

4.66%

6

5.22%

$1,040,000

$887,500

$990,000

0.74%

1

0.87%

$990,000

n/a

Berry Creek, Singletree

$7,629,000

5.70%

3

2.61%

$2,543,000

$1,000,000

Homestead, South 40

$600,000

0.45%

2

1.74%

$300,000

n/a

Lake Creek, Squaw Creek

$532,500

0.40%

1

0.87%

$532,500

n/a

Cordillera Valley Club

$2,150,000

1.61%

1

0.87%

$2,150,000

n/a

Cordillera

$5,613,000

4.19%

3

2.61%

$1,871,000

$1,718,000

$0

0.00%

0

0.00%

$0

$0

Bellyache, Red Sky

$1,795,000

1.34%

1

0.87%

$1,795,000

n/a

Eagle

$4,779,400

3.57%

15

13.04%

$318,627

$285,000

Gypsum

$2,712,500

2.03%

9

7.83%

$301,389

$316,000

Basalt, El Jebel and Misc. In-County

$4,465,000

3.33%

10

8.70%

$446,500

$425,000

$1,200,000

0.90%

1

0.87%

$1,200,000

n/a

$133,924,900

100%

115

100.00%

$1,164,564

$527,500

Edwards

Wolcott

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 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 October, 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 44 22 9 7 6 3 1 3 1 2 3 101

Total Dollar Volume $14,329,400 $16,788,000 $11,100,000 $12,512,500 $13,130,400 $8,209,300 $3,293,900 $11,480,400 $4,016,300 $9,636,500 $17,930,000 $122,426,700

Average Sales Price $325,668 $763,091 $1,233,333 $1,787,500 $2,188,400 $2,736,433 $3,293,900 $3,826,800 $0 $4,818,250 $5,976,667 $1,212,146

14

$11,498,200

$821,300

Total Number of Transactions

$500,001 to $1,000,000 22%

$1,000,001 to $1,500,000 9%

Under $500,000 44%

Sale Single Family Multi Family Vacant Residential Land

Number of Transactions 46 55 4

Total Dollar Volume $43,042,500 $79,384,200 $2,331,000

Average Sales Price $935,707 $1,443,349 $582,750

Total

105

$124,757,700

$1,188,169

Total Dollar Volume $1,500,001 to $2,000,000 10%

$1,500,001 to $2,000,000 7%

Over 2 Million 18%

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

Over 2 Million 55%

$1,000,001 to $1,500,000 9% $500,001 to $1,000,000 14%

Under $500,000 12%

* 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; October - 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 344 236 88 54 41 22 13 10 7 6 38 859

Total Dollar Volume $106,869,377 $168,976,700 $110,305,400 $93,064,700 $90,742,700 $61,411,900 $42,017,300 $38,340,500 $29,425,100 $28,566,500 $261,828,000 $1,031,548,177

Average Sales Price $310,667 $716,003 $1,253,470 $1,723,420 $2,213,237 $2,791,450 $3,232,100 $3,834,050 $4,203,586 $4,761,083 $6,890,211 $1,200,871

182

$243,428,150

$1,337,517

Total Number of Transactions $1,000,001 to $1,500,000 10% $500,001 to $1,000,000 28%

Under $500,000 40%

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

Sale Single Family Multi Family Vacant Residential Land

Number of Transactions 359 500 65

Total Dollar Volume $438,538,850 $593,009,327 $25,559,400

Average Sales Price $1,221,557 $1,186,019 $393,222

Total

924

$1,057,107,577

$1,144,056

Total Dollar Volume

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

$1,500,001 to $2,000,000 9%

Over 2 Million 54%

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

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


Commercial Transactions October, 2010 Eagle County, Colorado

Sale Commercial Improved Commercial Vacant Development Vacant

Number of Transactions 3 1 0

Total Dollar Volume $6,856,000 $69,500 $0

Average Sales Price $2,285,333 $69,500 $0

YTD Number of Transactions 25 33 6

YTD Total Dollar Volume $23,519,300 $4,388,350 $56,205,300

YTD Average Sales Price $940,772 $132,980 $9,367,550

Total

4

$6,925,500

$1,731,375

64

$84,112,950

$1,314,265

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 October - 2010 Eagle County, Colorado Total Dollar Volume

% of Volume

Number of Transactions

Bighorn, East Vail

$31,635,400

2.48%

44

4.23%

$718,986

$445,000

Booth Creek, The Falls

$6,995,000

0.55%

5

0.48%

$1,399,000

$1,100,000

11th Filing, Vail Golf Course

$19,425,000

1.52%

7

0.67%

$2,775,000

$1,510,000

Vail Village

$195,827,000

15.36%

60

5.76%

$3,263,783

$2,231,000

Lionshead

Area

% of Transactions

Average Transaction Price

Median Transaction Price

$241,485,200

18.94%

51

4.90%

$4,735,004

$2,300,000

Spraddle Creek

$9,000,000

0.71%

1

0.10%

$9,000,000

n/a

Potato Patch Lionsridge, Sandstone, The Ridge, The Valley

$6,570,800

0.52%

6

0.58%

$1,095,133

$1,063,100

$19,291,993

1.51%

31

2.98%

$622,322

$390,000

Cascade Village, Glen Lyon

$30,675,000

2.41%

12

1.15%

$2,556,250

$2,435,000

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

$12,986,450

1.02%

16

1.54%

$811,653

$670,000

Highland Meadows

$9,449,500

0.74%

6

0.58%

$1,574,917

$1,625,000

Intermountain, Matterhorn, Vail Village West

$9,547,000

0.75%

13

1.25%

$734,385

$612,500

Minturn, Redcliff

$5,545,500

0.43%

13

1.25%

$426,577

$392,500

Eagle Vail

$20,077,100

1.57%

36

3.46%

$557,697

$522,500

Avon

$66,153,834

5.19%

133

12.78%

$497,397

$335,000

Mountain Star

$10,325,000

0.81%

4

0.38%

$2,581,250

$2,325,000

Wildridge

$8,649,200

0.68%

17

1.63%

$508,776

$520,000

Beaver Creek

$152,246,000

11.94%

69

6.63%

$2,206,464

$1,500,000

Bachelor Gulch

$32,970,700

2.59%

15

1.44%

$2,198,047

$2,025,000

Arrowhead

$51,805,500

4.06%

38

3.65%

$1,363,303

$1,112,500

Berry Creek, Singletree

$19,686,300

1.54%

25

2.40%

$787,452

$720,000

Edwards

$29,190,050

2.29%

58

5.57%

$503,277

$287,950

Homestead, South 40

$10,621,000

0.83%

19

1.83%

$559,000

$425,000

Lake Creek, Squaw Creek

$16,178,700

1.27%

9

0.86%

$1,797,633

$1,758,700

Cordillera Valley Club

$11,600,400

0.91%

7

0.67%

$1,657,200

$1,575,000

Cordillera

$57,405,200

4.50%

42

4.03%

$1,366,790

$1,350,000

Wolcott

$1,200,000

0.09%

1

0.10%

$1,200,000

n/a

Bellyache, Red Sky

$12,654,300

0.99%

12

1.15%

$1,054,525

$362,500

Eagle

$55,607,500

4.36%

129

12.39%

$431,066

$310,000

Gypsum

$55,078,600

4.32%

81

7.78%

$679,983

$310,000

Basalt, El Jebel and Misc. In-County

$58,045,600

4.55%

69

6.63%

$841,241

$525,000

Quit Claim Deeds

TOTAL

$7,047,500

0.55%

12

1.15%

$587,292

n/a

$1,274,976,327

100.00%

1041

100.00%

$1,224,761

$545,000

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


Residential Improved Transactions Excludes: Vacant Land and Commercial

October, 2010 Eagle County, Colorado

Area Bighorn, East Vail

Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

$1,412,000

1.15%

3

2.97%

$470,667

Median Avg. Price/sq. Transaction Price ft $400,000

$385

$0

0.00%

0

0.00%

$0

$0

$0

$510,000

0.42%

1

0.99%

$510,000

n/a

$210

Vail Village

$10,955,000

8.95%

4

3.96%

$2,738,750

$1,962,500

$1,411

Lionshead

$36,196,300

29.57%

13

12.87%

$2,784,331

$2,634,300

$1,286

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

$1,785,000

1.46%

3

2.97%

$595,000

$450,000

$397

Booth Creek, The Falls 11th Filing, Vail Golf Course

$0

0.00%

0

0.00%

$0

$0

$0

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

$4,690,000

3.83%

4

3.96%

$1,172,500

$1,125,000

$398

Highland Meadows

$2,525,000

2.06%

2

1.98%

$1,262,500

n/a

$624

$415,000

0.34%

1

0.99%

$415,000

n/a

$212

Cascade Village, Glen Lyon

Intermountain, Matterhorn, Vail Village West

$835,000

0.68%

1

0.99%

$835,000

n/a

$980

Eagle Vail

$3,857,000

3.15%

5

4.95%

$771,400

$653,000

$250

Avon

$2,567,500

2.10%

8

7.92%

$320,938

$324,250

$243

Minturn, Redcliff

$0

0.00%

0

0.00%

$0

$0

$0

Wildridge

$1,338,000

1.09%

3

2.97%

$446,000

$525,000

$172

Beaver Creek

$20,327,500

16.60%

8

7.92%

$2,540,938

$1,850,000

$872

Bachelor Gulch

$5,250,000

4.29%

1

0.99%

$5,250,000

n/a

$980

Arrowhead

$6,240,000

5.10%

6

5.94%

$1,040,000

$887,500

$455

$990,000

0.81%

1

0.99%

$990,000

n/a

$249

Edwards, Scottsville

$1,242,000

1.01%

2

1.98%

$621,000

n/a

$284

Homestead, South 40

$375,000

0.31%

1

0.99%

$375,000

n/a

$300

Lake Creek, Squaw Creek

$532,500

0.43%

1

0.99%

$532,500

n/a

$327

Cordillera Valley Club

$2,150,000

1.76%

1

0.99%

$2,150,000

n/a

$457

Cordillera

$5,613,000

4.58%

3

2.97%

$1,871,000

$1,718,000

$313

Mountain Star

Berry Creek, Singletree

$0

0.00%

0

0.00%

$0

$0

$0

Bellyache, Red Sky, Wolcott South of I-70

$1,795,000

1.47%

1

0.99%

$1,795,000

n/a

$359

Eagle

$4,548,400

3.72%

13

12.87%

$349,877

$297,500

$192

Gypsum

$2,712,500

2.22%

9

8.91%

$301,389

$316,000

$138

Basalt, El Jebel and Misc. In-County

$3,565,000

2.91%

6

5.94%

$594,167

$525,000

$268

$122,426,700

100.00%

101

100.00%

$1,212,146

$610,000

$503

Wolcott: North of I-70

TOTAL 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


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