E gle C Eag Cou unty M Marrkett Daata September 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 September 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
215% 176% 222% 225% 176% 149% 148% 110% 234% 0% 0% 0%
YTD - TOTAL
$2,326,187,200
118%
$1,668,259,000
72%
$632,921,972
38%
$1,141,051,427
180%
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
172% 173% 232% 215% 133% 155% 123% 102% 93% 0% 0% 0%
2,168
94%
1,209
56%
653
54%
926
142%
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
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, 2010 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Bighorn, East Vail
$2,456,000
1.04%
5
4.35%
$491,200
$307,000
Booth Creek, The Falls
$4,400,000
1.87%
3
2.61%
$1,466,667
$1,650,000
$0
0.00%
0
0.00%
$0
$0
$1,335,000
0.57%
2
1.74%
$667,500
N/A
Area
11th Filing, Vail Golf Course Vail Village
Average Transaction Price
Median Transaction Price
$123,237,700
52.29%
6
5.22%
$20,539,617
$2,990,800
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
$1,388,103
0.59%
6
5.22%
$231,351
$204,602
Cascade Village, Glen Lyon
$2,200,000
0.93%
1
0.87%
$2,200,000
N/A
$0
0.00%
0
0.00%
$0
$0
$1,550,000
0.66%
1
0.87%
$1,550,000
N/A
Lionshead
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge Highland Meadows Intermountain, Matterhorn, Vail Village West
$0
0.00%
0
0.00%
$0
$0
Minturn, Redcliff
$0
0.00%
0
0.00%
$0
$0
$1,382,500
0.59%
2
1.74%
$691,250
N/A
Eagle Vail Avon
$3,728,400
1.58%
10
8.70%
$372,840
$332,250
Mountain Star
$6,250,000
2.65%
2
1.74%
$3,125,000
N/A
Wildridge
$1,050,000
0.45%
1
0.87%
$1,050,000
N/A
Beaver Creek
$15,484,000
6.57%
6
5.22%
$2,580,667
$772,000
Bachelor Gulch
$7,497,500
3.18%
4
3.48%
$1,874,375
$1,865,000
Arrowhead
$7,472,500
3.17%
4
3.48%
$1,868,125
$1,505,000
Berry Creek, Singletree
$3,509,000
1.49%
5
4.35%
$701,800
$650,000
Edwards
$3,047,100
1.29%
8
6.96%
$380,888
$304,500
Homestead, South 40
$1,960,000
0.83%
4
3.48%
$490,000
$567,500
Lake Creek, Squaw Creek
$2,900,000
1.23%
2
1.74%
$1,450,000
N/A
$0
0.00%
0
0.00%
$0
$0
Cordillera
$9,948,500
4.22%
6
5.22%
$1,658,083
$1,500,000
Wolcott
$1,200,000
0.51%
1
0.87%
$1,200,000
N/A
$167,400
0.07%
1
0.87%
$167,400
N/A
Eagle
$4,238,700
1.80%
13
11.30%
$326,054
$278,800
Gypsum
$20,068,400
8.51%
10
8.70%
$2,006,840
$241,000
Basalt, El Jebel and Misc. In-County
$6,812,000
2.89%
10
8.70%
$681,200
$682,500
Cordillera Valley Club
Bellyache, Red Sky
Quit Claim Deeds
TOTAL
$2,412,500
1.02%
2
1.74%
$1,206,250
N/A
$235,695,303
100.00%
115
100.00%
$2,049,524
$599,000
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.
Average price has been adjusted to reflect the $110,890,000 bulk transfer of 45 Ritz Carlton Units as 1 Transaction 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 September, 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 41 26 10 8 6 1 2 1 0 1 2 98
Total Dollar Volume $10,933,903 $17,980,000 $12,572,500 $13,125,000 $13,521,000 $2,881,600 $6,500,000 $3,706,100 $0 $4,750,000 $13,375,000 $99,345,103
Average Sales Price $266,681 $691,538 $1,257,250 $1,640,625 $2,253,500 $2,881,600 $3,250,000 $3,706,100 $0 $4,750,000 $6,687,500 $1,013,726
17
$136,350,200
$8,020,600
Total Number of Transactions
Under $500,000 42%
Number of Transactions 50 48 4
Total Dollar Volume $62,872,900 $36,472,203 $2,882,400
Average Sales Price $1,257,458 $759,838 $720,600
Total
102
$102,227,503
$1,002,230
Total Dollar Volume
$1,000,001 to $1,500,000 10% $500,001 to $1,000,000 27%
Sale Single Family Multi Family Vacant Residential Land
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
$1,500,001 to $2,000,000 13% $1,500,001 to $2,000,000 8%
Over 2 Million 13%
Bob Rulon 970-328-1462 brulon@ltgc.com
$1,000,001 to $1,500,000 13%
$500,001 to $1,000,000 18%
Over 2 Million 45%
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 .
All Residential Transactions Year to Date; September - 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 300 214 79 47 35 19 12 7 6 4 35 758
Total Dollar Volume $92,539,977 $152,188,700 $99,205,400 $80,552,200 $77,612,300 $53,202,600 $38,723,400 $26,860,100 $25,408,800 $18,930,000 $243,898,000 $909,121,477
Average Sales Price $308,467 $711,162 $1,255,765 $1,713,877 $2,217,494 $2,800,137 $3,226,950 $3,837,157 $4,234,800 $4,732,500 $6,968,514 $1,199,369
168
$231,929,950
$1,380,535
Total Number of Transactions
Under $500,000 40%
Number of Transactions 313 445 61
Total Dollar Volume $395,496,350 $513,625,127 $23,228,400
Average Sales Price $1,263,567 $1,154,214 $380,793
Total
819
$932,349,877
$1,138,400
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
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
$1,500,001 to $2,000,000 8% $1,500,001 to $2,000,000 6%
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 September, 2010 Eagle County, Colorado
Sale Commercial Improved Commercial Vacant Development Vacant
Number of Transactions 3 6 1
Total Dollar Volume $836,400 $1,328,900 $18,000,000
Average Sales Price $278,800 $221,483 $18,000,000
YTD Number of Transactions 22 32 6
YTD Total Dollar Volume $16,663,300 $4,318,850 $56,205,300
YTD Average Sales Price $757,423 $134,964 $9,367,550
Total
10
$20,165,300
$2,016,530
60
$77,187,450
$1,286,458
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 September - 2010 Eagle County, Colorado
Area
Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
Bighorn, East Vail
$30,223,400
2.65%
41
4.43%
$737,156
$460,000
Booth Creek, The Falls
$6,995,000
0.61%
5
0.54%
$1,399,000
$1,650,000
11th Filing, Vail Golf Course
$18,915,000
1.66%
6
0.65%
$3,152,500
$3,342,500
Vail Village
$184,730,300
16.19%
55
5.94%
$3,358,733
$2,300,000
Lionshead
$205,288,900
17.99%
38
4.10%
$5,402,339
$2,273,400
Spraddle Creek
$9,000,000
0.79%
1
0.11%
$9,000,000
n/a
Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$6,570,800
0.58%
6
0.65%
$1,095,133
$1,063,100
$17,506,993
1.53%
28
3.02%
$625,250
$387,500
Cascade Village, Glen Lyon
$30,675,000
2.69%
12
1.30%
$2,556,250
$2,435,000
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$8,296,450
0.73%
12
1.30%
$691,371
$530,000
Highland Meadows
$6,924,500
0.61%
4
0.43%
$1,731,125
$1,750,000
Intermountain, Matterhorn, Vail Village West
$9,132,000
0.80%
12
1.30%
$761,000
$612,500
Minturn, Redcliff
$4,710,500
0.41%
12
1.30%
$392,542
$371,250
Eagle Vail
$16,220,100
1.42%
31
3.35%
$523,229
$520,000
Avon
$63,117,334
5.53%
123
13.28%
$513,149
$340,000
Mountain Star
$10,325,000
0.90%
4
0.43%
$2,581,250
$2,325,000
Wildridge
$7,311,200
0.64%
14
1.51%
$522,229
$487,500
Beaver Creek
$129,974,000
11.39%
59
6.37%
$2,202,949
$1,500,000
Bachelor Gulch
$27,720,700
2.43%
14
1.51%
$1,980,050
$1,875,550
Arrowhead
$45,565,500
3.99%
32
3.46%
$1,423,922
$1,150,000
Berry Creek, Singletree
$18,696,300
1.64%
24
2.59%
$779,013
$710,000
Edwards
$21,561,050
1.89%
55
5.94%
$392,019
$287,000
Homestead, South 40
$10,021,000
0.88%
17
1.84%
$589,471
$428,500
Lake Creek, Squaw Creek
$15,646,200
1.37%
8
0.86%
$1,955,775
$1,779,350
Cordillera Valley Club
$9,450,400
0.83%
6
0.65%
$1,575,067
$1,550,000
Cordillera
$51,792,200
4.54%
39
4.21%
$1,328,005
$1,260,000
Wolcott
$1,200,000
0.11%
1
0.11%
$1,200,000
n/a
Bellyache, Red Sky
$10,859,300
0.95%
11
1.19%
$987,209
$325,000
Eagle
$50,828,100
4.45%
114
12.31%
$445,861
$324,950
Gypsum
$52,366,100
4.59%
72
7.78%
$727,307
$303,500
Basalt, El Jebel and Misc. In-County
$53,580,600
4.70%
59
6.37%
$908,146
$527,000
Quit Claim Deeds
TOTAL
$5,847,500
0.51%
11
1.19%
$531,591
n/a
$1,141,051,427
100.00%
926
100.00%
$1,232,237
$550,000
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
September, 2010 Eagle County, Colorado Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Bighorn, East Vail
$2,456,000
2.47%
5
5.10%
$491,200
$307,000
$440
Booth Creek, The Falls
$4,400,000
4.43%
3
3.06%
$1,466,667
$1,650,000
$485
$0
0.00%
0
0.00%
$0
$0
$0
Vail Village
$1,250,000
1.26%
1
1.02%
$1,250,000
N/A
$868
Lionshead
$12,347,700
12.43%
5
5.10%
$2,469,540
$2,881,600
$1,175
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
$1,388,103
1.40%
6
6.12%
$231,351
$204,602
$223
Cascade Village, Glen Lyon
$2,200,000
2.21%
1
1.02%
$2,200,000
N/A
$843
Area
11th Filing, Vail Golf Course
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge Highland Meadows Intermountain, Matterhorn, Vail Village West
Median Avg. Price/sq. Transaction Price ft
$0
0.00%
0
0.00%
$0
$0
$0
$1,550,000
1.56%
1
1.02%
$1,550,000
N/A
$255
$0
0.00%
0
0.00%
$0
$0
$0
$0
0.00%
0
0.00%
$0
$0
$0
Eagle Vail
$1,382,500
1.39%
2
2.04%
$691,250
N/A
$255
Avon
$2,957,000
2.98%
8
8.16%
$369,625
$333,250
$319
Mountain Star
$4,750,000
4.78%
1
1.02%
$4,750,000
N/A
$545
Wildridge
$1,050,000
1.06%
1
1.02%
$1,050,000
N/A
$256
Beaver Creek
$15,419,000
15.52%
5
5.10%
$3,083,800
$835,000
$629
Bachelor Gulch
$7,497,500
7.55%
4
4.08%
$1,874,375
$1,865,000
$769
Arrowhead
$7,472,500
7.52%
4
4.08%
$1,868,125
$1,505,000
$446
Berry Creek, Singletree
$3,509,000
3.53%
5
5.10%
$701,800
$650,000
$296
Edwards, Scottsville
$3,047,100
3.07%
8
8.16%
$380,888
$304,500
$221
Homestead, South 40
$1,960,000
1.97%
4
4.08%
$490,000
$567,500
$280
Lake Creek, Squaw Creek
$1,800,000
1.81%
1
1.02%
$1,800,000
N/A
$381
$0
0.00%
0
0.00%
$0
$0
$0
Cordillera
$9,948,500
10.01%
6
6.12%
$1,658,083
$1,500,000
$343
Wolcott: North of I-70
$1,200,000
1.21%
1
1.02%
$1,200,000
N/A
$246
$0
0.00%
0
0.00%
$0
$0
$0
Eagle
$3,999,800
4.03%
9
9.18%
$444,422
$340,000
$166
Gypsum
$2,068,400
2.08%
9
9.18%
$229,822
$167,000
$122
Basalt, El Jebel and Misc. In-County
$5,692,000
5.73%
8
8.16%
$711,500
$682,500
$274
TOTAL
$99,345,103
100.00%
98
100.00%
$1,013,726
$612,500
$374
Minturn, Redcliff
Cordillera Valley Club
Bellyache, Red Sky, Wolcott South of I-70
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