E gle C Eag Cou unty M Marrkett Daata September 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 Highland H olorado ds Lodgge Office in Beaaver Crreek, Co o ǁǁǁ͘ ĞĂǀĞƌ ƌĞĞŬKŶůŝŶĞ͘ĐŽŵ
MARKET ANALYSIS Eagle County, Colorado September 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
$1,977,922,900
101%
$2,326,187,200
118%
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 $100,847,572
33% 27% 26% 42% 45% 51% 25% 43% 60%
$1,668,259,000
72%
$632,921,972
38%
$2,234,919,100
75%
2009
% of Previous Year
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 99 123
44% 42% 30% 46% 74% 45% 48% 90% 74%
2,307
79%
2,168
94%
1,209
56%
653
54%
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
September, 2009 Eagle County, Colorado
Area
Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Bighorn, East Vail
$6,657,000
6.60%
7
Booth Creek, The Falls
$1,375,000
1.36%
1
$0
0.00%
Vail Village
$2,874,000
2.85%
Lionshead
$5,450,000 $0
Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$1,075,000
Average Transaction Price
Median Transaction Price
5.69%
$951,000
$715,000
0.81%
$1,375,000
n/a
0
0.00%
$0
$0
4
3.25%
$718,500
$682,500
5.40%
1
0.81%
$5,450,000
n/a
0.00%
0
0.00%
$0
$0
1.07%
1
0.81%
$1,075,000
n/a
$2,651,000
2.63%
3
2.44%
$883,667
$716,000
Cascade Village, Glen Lyon
$7,150,000
7.09%
3
2.44%
$2,383,333
$2,450,000
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$3,300,678
3.27%
5
4.07%
$660,136
$317,000
11th Filing, Vail Golf Course
Spraddle Creek
Highland Meadows
$1,265,000
1.25%
1
0.81%
$1,265,000
n/a
Intermountain, Matterhorn, Vail Village West
$2,770,000
2.75%
3
2.44%
$923,333
$645,000
Minturn, Redcliff
$2,210,000
2.19%
3
2.44%
$736,667
$845,000
Eagle Vail
$2,720,500
2.70%
7
5.69%
$388,643
$380,000
Avon
$6,393,600
6.34%
6
4.88%
$1,065,600
$400,000
Mountain Star
$2,880,000
2.86%
1
0.81%
$2,880,000
n/a
Wildridge
$1,135,000
1.13%
2
1.63%
$567,500
n/a
Beaver Creek
$1,585,500
1.57%
2
1.63%
$792,750
n/a
Bachelor Gulch
$3,300,000
3.27%
2
1.63%
$1,650,000
n/a
Arrowhead
$11,689,000
11.59%
7
5.69%
$1,669,857
$1,300,000
Berry Creek, Singletree
$4,907,000
4.87%
6
4.88%
$817,833
$752,500
Edwards
$2,584,400
2.56%
8
6.50%
$323,050
$345,000
Homestead, South 40
$2,949,000
2.92%
5
4.07%
$589,800
$555,000
$690,000
0.68%
1
0.81%
$690,000
n/a
Lake Creek, Squaw Creek
$0
0.00%
0
0.00%
$0
$0
$8,397,500
8.33%
6
4.88%
$1,399,583
$1,162,500
$0
0.00%
0
0.00%
$0
$0
Bellyache, Red Sky
$2,000,000
1.98%
2
1.63%
$1,000,000
n/a
Eagle
$4,565,300
4.53%
17
13.82%
$268,547
$153,000
Gypsum
$3,347,994
3.32%
9
7.32%
$371,999
$325,000
Basalt, El Jebel and Misc. In-County
$4,825,100
4.78%
9
7.32%
$536,122
$477,500
Cordillera Valley Club Cordillera Wolcott
Quit Claim Deeds
TOTAL
$100,000
0.10%
1
0.81%
$100,000
n/a
$100,847,572
100.00%
123
100.00%
$819,899
$515,000
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 September, 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 45 32 12 6 3 3 0 0 1 0 1 103
Total Dollar Volume $15,561,772 $22,649,500 $15,797,000 $10,890,000 $6,595,000 $8,700,000 $0 $0 $4,400,000 $0 $5,450,000 $90,043,272
Average Sales Price $345,817 $707,797 $1,316,417 $1,815,000 $2,198,333 $2,900,000 $0 $0 $4,400,000 $0 $5,450,000 $874,207
20
$10,804,300
$540,215
Total Number of Transactions
$500,001 to $1,000,000 31%
Number of Transactions 51 52 9
Total Dollar Volume $55,529,594 $34,513,678 $4,437,000
Average Sales Price $1,088,816 $663,725 $493,000
Total
112
$94,480,272
$843,574
Total Dollar Volume
$1,000,001 to $1,500,000 12%
Under $500,000 44%
Sale Single Family Multi Family Vacant Residential Land
$1,500,001 to $2,000,000 6%
Over 2 Million 7%
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
$1,000,001 to $1,500,000 18% $1,500,001 to $2,000,000 12%
Over 2 Million 28%
$500,001 to $1,000,000 25%
Under $500,000 17% * 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 -September 2008 - 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 189 141 48 32 20 16 10 2 4 0 14 476
Total Dollar Volume $64,616,672 $103,701,100 $60,594,300 $58,263,100 $45,775,700 $45,110,500 $33,044,000 $7,600,000 $17,200,000 $0 $109,425,000 $545,330,372
Average Sales Price $341,887 $735,469 $1,262,381 $1,820,722 $2,288,785 $2,819,406 $3,304,400 $3,800,000 $4,300,000 $0 $7,816,071 $1,145,652
177
$87,591,600
$494,868
Total Number of Transactions
$500,001 to $1,000,000 30%
Number of Transactions 238 238 42
Total Dollar Volume $307,399,394 $237,930,978 $18,171,600
Average Sales Price $1,291,594 $999,710 $432,657
Total
518
$563,501,972
$1,087,842
Total Dollar Volume
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
$1,000,001 to $1,500,000 11%
$1,000,001 to $1,500,000 10%
Under $500,000 40%
Sale Single Family Multi Family Vacant Residential Land
$1,500,001 to $2,000,000 11%
$1,500,001 to $2,000,000 7%
Over 2 Million 13%
$500,001 to $1,000,000 19%
Over 2 Million 47% 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
Commercial Transactions September, 2009 Eagle County, Colorado
Sale Commercial Improved Commercial Vacant Development Vacant
Number of Transactions 4 6 0
Total Dollar Volume $5,721,500 $545,800 $0
Average Sales Price $1,430,375 $90,967 $0
YTD Number of Transactions 39 59 0
YTD Total Dollar Volume $46,269,300 $7,155,600 $0
YTD Average Sales Price $1,186,392 $121,281 $0
Total
10
$6,267,300
$626,730
98
$53,424,900
$545,152
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 - September 2008 - 2009 Eagle County, County, Colorado Colorado Eagle
Area
Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
Bighorn, East Vail
$18,977,000
3.00%
25
3.83%
$759,080
$490,000
Booth Creek, The Falls
$2,287,500
0.36%
2
0.31%
$1,143,750
n/a
$962,500
0.15%
1
0.15%
$962,500
n/a
Vail Village
$66,957,600
10.58%
52
7.96%
$1,287,646
$675,000
Lionshead
$31,329,500
4.95%
11
1.68%
$2,848,136
$1,618,750
$0
0.00%
0
0.00%
$0
$0
11th Filing, Vail Golf Course
Spraddle Creek Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$1,075,000
0.17%
1
0.15%
$1,075,000
n/a
$13,187,700
2.08%
25
3.83%
$527,508
$350,000
Cascade Village, Glen Lyon
$17,730,000
2.80%
9
1.38%
$1,970,000
$1,825,000
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$9,811,678
1.55%
16
2.45%
$613,230
$353,500
Highland Meadows
$2,365,000
0.37%
2
0.31%
$1,182,500
n/a
Intermountain, Matterhorn, Vail Village West
$11,630,800
1.84%
14
2.14%
$830,771
$594,000
Minturn, Redcliff
$6,036,500
0.95%
9
1.38%
$670,722
$650,000
Eagle Vail
$9,875,100
1.56%
21
3.22%
$470,243
$480,000
Avon
$19,261,700
3.04%
32
4.90%
$601,928
$330,000
Mountain Star
$18,380,000
2.90%
2
0.31%
$9,190,000
n/a
Wildridge
$11,403,600
1.80%
14
2.14%
$814,543
$857,900
Beaver Creek
$65,767,400
10.39%
32
4.90%
$2,055,231
$1,950,000
Bachelor Gulch
$38,400,000
6.07%
10
1.53%
$3,840,000
$2,825,000
Arrowhead
$66,685,500
10.54%
35
5.36%
$1,905,300
$1,300,000
Berry Creek, Singletree
$21,227,100
3.35%
22
3.37%
$964,868
$818,500
Edwards
$16,186,000
2.56%
39
5.97%
$415,026
$345,000
Homestead, South 40
$8,259,500
1.30%
13
1.99%
$635,346
$530,000
Lake Creek, Squaw Creek
$5,652,000
0.89%
3
0.46%
$1,884,000
$962,000
Cordillera Valley Club
$10,114,000
1.60%
7
1.07%
$1,444,857
$358,000
Cordillera
$55,926,000
8.84%
27
4.13%
$2,071,333
$1,150,000
Wolcott
$1,375,000
0.22%
2
0.31%
$687,500
n/a
Bellyache, Red Sky
$7,500,000
1.18%
9
1.38%
$833,333
$525,000
Eagle
$34,016,300
5.37%
94
14.40%
$361,876
$302,500
Gypsum
$19,342,794
3.06%
61
9.34%
$317,095
$315,000
Basalt, El Jebel and Misc. In-County
$41,000,200
6.48%
60
9.19%
$683,337
$520,000
Quit Claim Deed
$199,000
0.03%
3
0.46%
$66,333
n/a
TOTAL
$632,921,972
100.00%
653
100.00%
$969,253
$500,000
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
September, 2009 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Bighorn, East Vail
$6,657,000
7.39%
7
6.80%
$951,000
$715,000
$494
Booth Creek, The Falls
$1,375,000
1.53%
1
0.97%
$1,375,000
n/a
$657
$0
0.00%
0
0.00%
$0
$0
$0
Vail Village
$2,050,000
2.28%
2
1.94%
$1,025,000
n/a
$1,116
Lionshead
$5,450,000
6.05%
1
0.97%
$5,450,000
n/a
$1,617
$0
0.00%
0
0.00%
$0
$0
$0
Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$1,075,000
1.19%
1
0.97%
$1,075,000
n/a
$375
$2,651,000
2.94%
3
2.91%
$883,667
$716,000
$474
Cascade Village, Glen Lyon
$5,300,000
5.89%
2
1.94%
$2,650,000
n/a
$820
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$3,300,678
3.67%
5
4.85%
$660,136
$317,000
$326
Highland Meadows
$1,265,000
1.40%
1
0.97%
$1,265,000
n/a
$319
Intermountain, Matterhorn, Vail Village West
$2,445,000
2.72%
2
1.94%
$1,222,500
n/a
$388
Minturn, Redcliff
$2,210,000
2.45%
3
2.91%
$736,667
$845,000
$349
Eagle Vail
$2,720,500
3.02%
7
6.80%
$388,643
$380,000
$309
Avon
$1,856,600
2.06%
5
4.85%
$371,320
$245,000
$295
Mountain Star
$2,880,000
3.20%
1
0.97%
$2,880,000
n/a
$491
Wildridge
$1,135,000
1.26%
2
1.94%
$567,500
n/a
$291
Beaver Creek
$1,585,500
1.76%
2
1.94%
$792,750
n/a
$706
Bachelor Gulch
$3,300,000
3.66%
2
1.94%
$1,650,000
n/a
$798
Arrowhead
$11,689,000
12.98%
7
6.80%
$1,669,857
$1,300,000
$529
Berry Creek, Singletree
$4,907,000
5.45%
6
5.83%
$817,833
$752,500
$289
Edwards, Scottsville
$2,584,400
2.87%
8
7.77%
$323,050
$345,000
$280
Homestead, South 40
$2,949,000
3.28%
5
4.85%
$589,800
$555,000
$259
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
$8,152,500
9.05%
5
4.85%
$1,630,500
$1,300,000
$339
$0
0.00%
0
0.00%
$0
$0
$0
Bellyache, Red Sky, Wolcott South of I-70
$1,600,000
1.78%
1
0.97%
$1,600,000
n/a
$261
Eagle
$2,971,000
3.30%
7
6.80%
$424,429
$330,000
$151
Gypsum
$3,108,994
3.45%
8
7.77%
$388,624
$352,247
$172
Area
11th Filing, Vail Golf Course
Spraddle Creek
Cordillera Wolcott: North of I-70
Median Avg. Price/sq. Transaction Price ft
Basalt, El Jebel and Misc. In-County
$4,825,100
5.36%
9
8.74%
$536,122
$477,500
$284
TOTAL
$90,043,272
100.00%
103
100.00%
$874,207
$555,000
$377
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