2015 year end residential vail valley market trend report

Page 1


Dear Friends, In 2016 we celebrate our 45th anniversary here in the Vail Valley. Much has changed in those 45 years and so have we. We recently expanded our office locations to 8 which now includes Vail Village and we work with more than 100 dedicated brokers and staff here in the valley to serve our clients while leveraging the tools and resources of Berkshire Hathaway HomeServices. This affiliation, our ever-expanding network of companies across the country and our outstanding team helped us achieve a record market share in 2015. The year-end residential statistics you see in this report are derived from the Vail MLS. They represent the vast majority of residential sales, leaving out for sale by owners and other private deals (that account for roughly 1% of the transactions) that are not reflected in our MLS. While we have summarized all of the communities, there are stories behind each sale. Motivations shift prices as do other factors. Use this as your guide and then feel free to allow us to help you complete the picture of any market area you are interested in. Speaking of numbers, we are proud to say that we participate in the sale of more than 44% of all the residential properties in the Vail Valley, from Vail Village to Lionshead, Beaver Creek Resort, the valley floor and Eagle and Gypsum. Our 8 offices (7 real estate and one property management) are strategically located in all the major communities of the valley. Our vacation rental office is considered to be one of the finest in the area. For 45 years we have been working with loyal buyers and sellers and look forward to sharing our passion, knowledge, expertise and what the value our affiliation with Berkshire Hathaway HomeServices can do to help you achieve your real estate goals. If you have questions, need more information or would like to visit about the market (or just about living here in the valley), feel free to visit us any time!

Have a safe and happy 2016,

Michael Slevin, President Berkshire Hathaway HomeServices

BHHSColoradoProperties.com


2015 Residential Market Snapshot – Supply versus Demand Residential Active Listings and Properties Under Contract

2000 1800 1600 1400 1200 1000 800 600 400 200

3-Apr-06 3-Jul-06 3-Oct-06 3-Jan-07 3-Apr-07 3-Jul-07 3-Oct-07 3-Jan-08 3-Apr-08 3-Jul-08 3-Oct-08 3-Jan-09 3-Apr-09 3-Jul-09 3-Oct-09 3-Jan-10 3-Apr-10 3-Jul-10 3-Oct-10 3-Jan-11 3-Apr-11 3-Jul-11 3-Oct-11 3-Jan-12 3-Apr-12 3-Jul-12 3-Oct-12 3-Jan-13 3-Apr-13 3-Jul-13 3-Oct-13 3-Jan-14 3-Apr-14 3-Jul-14 3-Oct-14 3-Jan-15 3-Apr-15 3-Jul-15 3-Oct-15 3-Jan-16

0

Active Listings

Under Contracts

April 3, 2006 – January 7, 2016

All data in this report is derived from the Vail MLS – residential transactions only.

BHHSColoradoProperties.com


2015 Residential Market Review Price Segments and Geographic Regions All Residential Sales

0 - $300,000 $300,001 - $700,000 $700,001 - $1,000,000 $1,000,001 - $2,000,000 $2,000,001 - $5,000,000 $5,000,000+

Units Sold

2013 273 425 140 163 79 27

Dollar Volume

2014 217 463 147 169 125 32

2015 194 559 171 187 119 36

% Change from 2014 -10.60% 20.73% 16.33% 10.65% -4.80% 12.50%

2013 $60,156,128 $197,754,868 $115,780,975 $233,218,364 $241,609,835 $182,720,000

2014 $49,539,482 $212,574,421 $121,469,990 $238,839,193 $379,406,600 $291,241,500

2015 $47,660,133 $264,228,972 $144,767,625 $268,851,155 $356,301,284 $290,185,000

% Change from 2014 -3.79% 24.30% 19.18% 12.57% -6.09% -0.36%

Area Activity Vail Village, Lionshead, Cascade Units Dollar Volume

2013

2014

2015

% Change from 2014

95 $234,820,032

107 $385,078,300

111 $342,231,208

3.74% -11.13%

Beaver Creek, Bachelor Gulch, Arrowhead Units Dollar Volume

149 $294,766,314

175 $335,205,982

181 $365,456,691

3.43% 9.02%

Mid-Valley* Units Dollar Volume

408 $272,534,529

422 $303,007,689

431 $318,480,254

2.13% 5.11%

Eagle/Gypsum Units Dollar Volume

264 $98,469,595

245 $96,396,927

297 $136,479,190

21.22% 41.58%

Total Market Units Dollar Volume

1,107 $1,031,240,170

*Mid Valley = Minturn - Wolcott - not including Beaver Creek Resort or Mountain Star

1,153 1,266 $1,293,071,186 $1,371,994,169

9.80% 6.10%

BHHSColoradoProperties.com


2015 Year-End Vail Valley Residential Market Report (All Types) Residential Sales Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Days on Market

2009

$648,524,817

539

$1,203,200

$690,000

201

2010

$1,126,987,186

856

$1,316,574

$693,750

257

2011

$896,479,164

895

$1,001,653

$495,000

229

2012

$1,145,386,518

1,183

$968,205

$425,000

195

2013

$1,030,030,170

1,104

$932,998

$525,000

187

2014

$1,293,071,186

1,153

$1,121,484

$560,000

175

2015

$1,371,994,169

1,266

$1,083,724

$585,000

151

% Change from 2014

+6.10%

+9.80%

-3.37%

+4.46%

-13.71%

BHHSColoradoProperties.com


2015 Year-End | East Vail and Booth Falls Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$28,144,500

19

$1,481,289

$1,320,000

$503

191

2011

$22,369,999

17

$1,315,882

$1,100,000

$436

331

2012

$29,472,910

18

$1,637,384

$1,490,205

$470

313

2013

$31,028,500

19

$1,633,079

$1,700,000

$497

129

2014

$44,188,790

22

$2,008,581

$1,609,000

$507

301

2015

$42,664,300

25

$1,706,572

$1,345,000

$518

150

% Change from 2014

-3.45%

+13.64%

-15.04%

-16.41%

+2.17%

-50.17%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$14,676,500

32

$458,641

$402,500

$402

262

2011

$15,733,052

37

$425,218

$395,000

$380

152

2012

$21,766,100

54

$403,076

$395,000

$363

209

2013

$26,286,730

61

$430,930

$378,000

$405

114

2014

$24,913,700

56

$444,888

$405,000

$410

110

2015

$28,104,591

60

$468,410

$429,500

$453

67

% Change from 2014

+12.81%

+7.14%

+5.29%

+6.05%

+10.49%

-39.09%

BHHSColoradoProperties.com


2015 Year-End | Vail Golf Course Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$15,725,000

3

$5,241,667

$5,250,000

$1,173

548

2011

$12,450,000

2

$6,225,000

$6,225,000

$1,230

280

2012

$18,925,000

5

$3,785,000

$3,425,000

$879

647

2013

0

0

N/A

N/A

N/A

N/A

2014

$7,175,000

2

$3,587,500

$3,587,500

$732

619

2015

$2,900,000

1

$2,900,000

$2,900,000

$743

1,667

% Change from 2014

-59.58%

-50.00%

-19.16%

-19.16%

+1.50%

+169.31%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$2,560,000

2

$1,280,000

$1,280,000

$559

450

2011

$1,899,000

2

$949,500

$949,500

$477

142

2012

$7,712,500

7

$1,101,786

$1,400,000

$527

349

2013

$9,440,000

9

$1,048,889

$1,165,000

$526

177

2014

$9,727,750

8

$1,215,969

$1,286,375

$544

249

2015

$8,912,500

7

$1,273,214

$1,405,000

$606

62

% Change from 2014

-8.38%

-12.50%

+4.71%

+9.22%

+11.40%

-75.10%

BHHSColoradoProperties.com


2015 Year-End | Vail Village Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$9,500,000

1

$9,500,000

$9,500,000

$1,815

607

2011

$35,150,000

4

$8,787,500

$8,437,500

$2,064

306

2012

$67,780,000

9

$7,531,111

$7,600,000

$1,460

527

2013

$29,000,000

4

$7,250,000

$5,650,000

$1,491

293

2014

$112,753,000

11

$10,250,273

$7,925,000

$1,899

364

2015

$87,695,000

9

$9,743,889

$9,400,000

$1,805

328

% Change from 2014

-22.22%

-18.18%

-4.94%

+18.61%

-4.95%

-9.89%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$202,493,236

56

$3,615,951

$2,610,000

$1,608

181

2011

$99,985,000

35

$2,856,714

$1,890,000

$1,416

423

2012

$100,249,850

48

$2,088,539

$1,437,500

$1,284

333

2013

$106,770,000

39

$2,737,692

$1,775,000

$1,469

401

2014

$132,756,800

42

$3,160,876

$2,141,875

$1,525

480

2015

$153,674,208

48

$3,201,546

$2,012,500

$1,588

173

% Change from 2014

+15.76%

+14.29%

+1.29%

-6.04%

+4.13%

-63.96%

BHHSColoradoProperties.com


2015 Year-End | Lionshead Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$7,387,000

2

$3,693,500

$3,693,500

$1,079

449

2011

$7,500,000

1

$7,500,000

$7,500,000

$1,279

176

2012

$11,560,000

2

$5,780,000

$5,780,000

$1,885

34

2013

$19,350,000

3

$6,450,000

$6,200,000

$1,772

419

2014

$18,000,000

2

$9,000,000

$9,000,000

$1,464

20

2015

$6,250,000

1

$6,250,000

$6,250,000

$2,287

1

% Change from 2014

-65.28%

-50.00%

-30.56%

-30.56%

+56.22%

-95.00%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$136,878,576

52

$2,632,280

$2,205,000

$1,253

265

2011

$87,164,130

32

$2,723,879

$2,622,500

$1,252

236

2012

$82,066,000

34

$2,413,706

$2,467,500

$1,215

467

2013

$57,417,532

39

$1,472,244

$755,000

$996

403

2014

$104,989,500

44

$2,386,125

$1,825,000

$1,224

265

2015

$79,624,500

44

$1,809,648

$1,345,000

$1,172

441

% Change from 2014

-24.16%

0.00%

-24.16%

-26.30%

-4.25%

+66.42%

BHHSColoradoProperties.com


2015 Year-End | Cascade Village Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$18,750,000

5

$3,750,000

$4,050,000

$669

249

2011

$2,550,000

1

$2,550,000

$2,550,000

$879

99

2012

$18,906,500

6

$3,151,083

$3,351,250

$753

309

2013

$15,507,500

5

$3,101,500

$2,950,000

$763

480

2014

$8,550,000

2

$4,275,000

$4,275,000

$902

349

2015

$8,450,000

4

$2,112,500

$1,525,000

$651

31

% Change from 2014

-1.17%

+100.00%

-50.58%

-64.33%

-27.83%

-91.12%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$5,845,000

4

$1,461,250

$1,550,000

$832

457

2011

$7,190,000

5

$1,438,000

$1,740,000

$768

405

2012

$6,016,750

3

$2,005,583

$1,750,000

$912

132

2013

$6,775,000

5

$1,355,000

$1,050,000

$804

318

2014

$8,029,000

6

$1,338,167

$1,225,000

$886

415

2015

$6,537,500

5

$1,307,500

$1,300,000

$863

181

% Change from 2014

-18.58%

-16.67%

-2.29%

+6.12%

-2.60%

-56.39%

BHHSColoradoProperties.com


2015 Year-End | Central Vail (Sandstone, Potato Patch, The Valley) Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$24,226,000

8

$3,028,250

$1,928,750

$557

276

2011

$15,915,000

9

$1,768,333

$1,250,000

$457

167

2012

$16,611,608

12

$1,384,301

$962,500

$416

182

2013

$11,063,803

5

$2,212,761

$1,850,000

$483

227

2014

$18,460,000

10

$1,846,000

$1,630000

$525

153

2015

$34,005,250

11

$3,091,386

$2,650,000

$666

182

% Change from 2014

+84.21%

+10.00%

+67.46%

+62.58%

+26.86%

+18.95%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$10,361,000

18

$575,611

$445,000

$408

226

2011

$13,887,333

27

$514,346

$403,333

$366

317

2012

$18,701,750

38

$492,151

$420,000

$383

231

2013

$13,632,172

28

$486,863

$395,000

$364

110

2014

$17,016,000

33

$515,636

$435,000

$429

167

2015

$20,971,424

38

$551,880

$472,000

$459

112

% Change from 2014

+23.25%

+15.15%

+7.03%

+8.51%

+6.99%

-32.93%

BHHSColoradoProperties.com


2015 Year-End | Highland Meadows Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$9,450,000

6

$1,575,000

$1,625,000

$340

380

2011

$9,165,000

6

$1,527,500

$1,525,000

$386

458

2012

$4,900,000

3

$1,633,333

$1,450,000

$371

262

2013

$6,255,000

4

$1,563,750

$1,440,000

$414

481

2014

$1,995,000

1

$1,995,000

$1,995,000

$459

205

2015

$14,625,000

9

$1,625,000

$1,725,000

$420

246

% Change from 2014

+633.08%

+800.00%

-18.55%

-13.53%

-8.50%

+20.00%

BHHSColoradoProperties.com


2015 Year-End | West Vail North Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$8,475,000

7

$1,210,714

$1,050,000

$368

254

2011

$5,779,386

5

$1,155,877

$941,000

$344

380

2012

$1,620,000

2

$810,000

$810,000

$326

234

2013

$5,390,000

4

$1,347,500

$1,337,500

$562

68

2014

$5,761,500

5

$1,152,300

$960,000

$425

41

2015

$1,380,000

1

$1,380,000

$1,380,000

$448

51

% Change from 2014

-76.05%

-80.00%

+19.76%

+43.75%

+5.41%

+24.39%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$2,475,000

7

$353,571

$360,000

$319

144

2011

$2,830,000

9

$314,444

$300,000

$282

203

2012

$4,440,500

14

$317,179

$279,000

$315

118

2013

$2,292,000

7

$327,429

$299,000

$340

66

2014

$5,678,000

14

$405,571

$402,500

$350

111

2015

$3,802,500

8

$475,313

$409,500

$422

78

% Change from 2014

-33.03%

-42.86%

+17.20%

+1.74%

+20.57%

-29.73%

BHHSColoradoProperties.com


2015 Year-End | West Vail South Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$6,345,000

6

$1,057,500

$1,050,000

$329

368

2011

$5,632,000

5

$1,126,400

$944,500

$286

230

2012

$8,082,500

9

$898,056

$875,000

$380

197

2013

$9,270,000

7

$1,324,286

$1,170,000

$463

193

2014

$14,771,500

13

$1,136,269

$1,040,000

$420

112

2015

$11,697,000

10

$1,169,700

$1,087,500

$427

166

% Change from 2014

-20.81%

-23.08%

+2.94%

+4.57%

+1.67%

+48.21%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$7,599,500

14

$542,821

$529,500

$315

348

2011

$3,762,500

9

$418,056

$399,000

$307

260

2012

$7,450,000

18

$413,889

$410,000

$278

206

2013

$8,553,500

17

$503,147

$525,000

$392

165

2014

$5,005,900

7

$715,129

$579,500

$390

173

2015

$7,412,000

13

$570,154

$538,500

$402

73

% Change from 2014

+48.07%

+85.71%

-20.27%

-7.08%

+3.08%

-57.80%

BHHSColoradoProperties.com


2015 Year-End | Minturn Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$4,452,000

8

$556,500

$512,500

$310

155

2011

$3,117,000

8

$389,625

$390,000

$237

98

2012

$2,160,000

5

$432,000

$325,000

$358

181

2013

$6,910,500

13

$531,577

$415,000

$314

123

2014

$4,405,000

7

$629,286

$475,000

$315

273

2015

$8,683,000

12

$723,583

$612,500

$389

122

% Change from 2014

+97.12%

+71.43%

+14.98%

+28.95%

+23.49%

-55.31%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$557,500

2

$278,750

$278,750

$267

227

2011

$991,500

3

$330,500

$392,000

$260

114

2012

$1,054,000

3

$351,333

$340,000

$201

157

2013

$830,300

2

$415,150

$415,150

$237

59

2014

$1,177,000

3

$392,333

$462,000

$293

60

2015

$1,975,100

4

$493,775

$535,000

$443

64

% Change from 2014

+67.81%

+33.33%

+25.86%

+15.80%

+51.19%

+6.67%

BHHSColoradoProperties.com


2015 Year-End | Eagle Vail Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$14,833,000

22

$674,227

$565,750

$256

180

2011

$17,460,000

22

$793,636

$525,000

$221

161

2012

$18,036,670

36

$501,019

$435,000

$218

127

2013

$15,720,000

28

$561,429

$550,000

$243

103

2014

$19,199,700

29

$662,059

$600,000

$274

115

2015

$18,776,000

26

$722,154

$650,000

$279

93

% Change from 2014

-2.21%

-10.34%

+9.08%

+8.33%

+1.82%

-19.13%

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

Condominium and Townhome Year

Sales Volume

Number of Sales

2010

$7,317,074

21

$348,432

$307,000

$251

156

2011

$7,216,770

25

$288,671

$299,000

$214

151

2012

$9,555,800

37

$258,265

$255,000

$188

129

2013

$11,710,776

36

$325,299

$303,750

$227

122

2014

$11,119,000

28

$397,107

$365,500

$242

64

2015

$21,471,715

52

$412,918

$380,583

$300

61

% Change from 2014

+120.08%

+85.71%

+3.98%

+4.13%

+23.97%

-4.69%

BHHSColoradoProperties.com


2015 Year-End | Avon Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$1,675,000

3

$558,333

$550,000

$263

185

2011

$1,345,000

2

$627,500

$627,500

$194

22

2012

$1,387,500

2

$693,750

$693,750

$248

11

2013

$1,414,000

2

$707,000

$707,000

$262

165

2014

0

0

N/A

N/A

N/A

N/A

2015

$2,955,000

5

$591,000

$560,500

$267

160

% Change from 2014

-

-

-

-

-

-

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

Condominium and Townhome Year

Sales Volume

Number of Sales

2010

$55,096,141

120

$459,135

$318,375

$478

410

2011

$45,328,568

103

$440,083

$399,000

$338

111

2012

$27,188,400

91

$298,774

$233,000

$277

162

2013

$34,064,003

92

$370,261

$277,000

$336

208

2014

$46,873,898

113

$414,813

$310,000

$348

127

2015

$41,093,978

94

$437,170

$336,500

$399

100

% Change from 2014

-12.33%

-16.81%

+5.39%

+8.55%

+14.66%

-21.26%

BHHSColoradoProperties.com


2015 Year-End | Wildridge Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$7,323,250

10

$732,325

$687,500

$219

180

2011

$6,036,700

9

$670,744

$515,000

$210

157

2012

$18,525,500

28

$661,625

$630,000

$206

216

2013

$14,541,500

20

$727,075

$635,000

$247

127

2014

$22,525,400

28

$804,479

$705,000

$243

98

2015

$19,713,250

22

$896,057

$796,500

$284

147

% Change from 2014

-12.48%

-21.43%

+11.38%

+12.98%

+16.87%

50.00%

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

Condominium and Townhome Year

Sales Volume

Number of Sales

2010

$1,380,000

3

$460,000

$520,000

$238

273

2011

$2,613,000

6

$435,500

$438,000

$205

408

2012

$3,626,750

11

$329,705

$310,000

$199

203

2013

$6,485,250

15

$432,350

$390,000

$217

66

2014

$5,570,000

14

$397,857

$377,500

$223

101

2015

$4,535,420

9

$503,936

$462,000

$270

50

% Change from 2014

-18.57%

-35.71%

+26.66%

+22.38%

+21.08%

-50.50%

BHHSColoradoProperties.com


2015 Year-End | Mountain Star Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$12,100,000

3

$4,033,333

$4,200,000

$574

546

2011

$9,870,000

3

$3,290,000

$3,500,000

$570

508

2012

$16,050,000

4

$4,012,500

$3,825,000

$499

357

2013

0

0

N/A

N/A

N/A

N/A

2014

$8,700,000

3

$2,900,000

$2,500,000

$554

521

2015

$18,245,000

3

$6,081,667

$5,995,000

$742

407

% Change from 2014

+109.71%

0.00%

+109.71%

+139.80%

+33.94%

-21.88%

BHHSColoradoProperties.com


2015 Year-End | Beaver Creek Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$81,017,000

13

$6,232,077

$5,567,000

$867

316

2011

$28,481,000

8

$3,560,125

$2,850,000

$635

482

2012

$73,658,500

19

$3,876,763

$3,550,000

$614

248

2013

$39,175,000

11

$3,561,364

$3,850,000

$630

257

2014

$41,745,000

11

$3,795,000

$3,200,000

$617

302

2015

$82,590,000

17

$4,858,235

$5,120,000

$753

460

% Change from 2014

+97.84%

+54.55%

+28.02%

+60.00%

+22.04%

+52.32%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$95,016,000

54

$1,759,556

$1,472,500

$786

234

2011

$79,669,000

59

$1,350,322

$1,083,000

$674

323

2012

$108,120,279

63

$1,716,195

$1,028,000

$705

318

2013

$76,038,500

61

$1,246,533

$930,000

$660

326

2014

$102,666,049

76

$1,350,869

$1,122,500

$697

337

2015

$76,645,900

60

$1,277,432

$965,000

$684

248

% Change from 2014

-25.34%

-21.05%

-5.44%

-14.03%

-1.87%

-26.41%

BHHSColoradoProperties.com


2015 Year-End | Bachelor Gulch Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$13,750,000

2

$6,875,000

$6,875,000

$895

313

2011

$66,398,750

10

$6,639,875

$7,050,000

$877

517

2012

$65,285,000

8

$8,160,625

$7,825,000

$912

251

2013

$73,830,000

12

$5,285,000

$5,285,000

$849

530

2014

$48,412,000

7

$6,916,000

$7,295,000

$901

382

2015

$19,697,500

2

$9,848,750

$9,848,750

$974

622

% Change from 2014

-59.31%

-71.43%

+42.41%

+35.01%

+8.10%

+62.83%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$28,415,200

14

$2,029,657

$1,750,000

$782

391

2011

$32,378,000

15

$2,158,533

$2,000,000

$779

407

2012

$32,432,500

18

$1,801,806

$1,475,000

$765

175

2013

$31,246,800

17

$1,838,047

$1,576,800

$746

379

2014

$58,047,500

24

$2,418,646

$2,208,500

$876

262

2015

$56,693,400

35

$1,619,811

$1,399,900

$858

189

% Change from 2014

-2.33%

+45.83%

-33.03%

-36.61%

-2.05%

-27.86%

BHHSColoradoProperties.com


2015 Year-End | Arrowhead Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$36,775,000

19

$1,935,526

$1,625,000

$444

307

2011

$55,607,500

26

$2,138,750

$1,650,000

$428

412

2012

$78,311,406

32

$2,447,231

$1,962,500

$466

336

2013

$56,762,714

29

$1,957,335

$1,780,000

$436

254

2014

$54,229,933

21

$2,582,378

$2,458,333

$478

348

2015

$99,168,816

35

$2,833,395

$2,350,000

$555

200

% Change from 2014

+82.87%

+66.67%

+9.72%

-4.41%

+16.11%

-42.53%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$13,143,500

17

$773,147

$585,000

$482

294

2011

$9,201,500

11

$836,500

$900,000

$459

260

2012

$13,039,500

15

$869,300

$620,000

$479

473

2013

$17,713,300

19

$932,279

$600,000

$483

256

2014

$30,105,500

36

$836,264

$710,000

$489

192

2015

$30,661,075

32

$958,159

$859,000

$569

180

% Change from 2014

+1.85%

-11.11%

+14.58%

+20.99%

+16.36%

-6.25%

BHHSColoradoProperties.com


2015 Year-End | Edwards Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$4,893,000

5

$978,600

$795,000

$253

445

2011

$6,271,000

8

$783,875

$714,500

$261

264

2012

$7,454,500

11

$677,682

$582,500

$235

191

2013

$5,977,500

8

$747,188

$642,500

$266

97

2014

$5,693,900

7

$813,414

$745,000

$263

230

2015

$6,452,000

9

$716,889

$680,000

$264

100

% Change from 2014

+13.31%

+28.57%

-11.87%

-8.72%

+0.38%

-56.52%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$5,761,000

14

$411,500

$300,500

$292

212

2011

$4,287,610

16

$267,976

$243,500

$226

196

2012

$6,896,500

29

$237,810

$230,000

$220

109

2013

$10,831,400

30

$361,047

$294,500

$270

252

2014

$15,870,530

43

$369,082

$317,000

$295

77

2015

$13,470,950

37

$364,080

$345,000

$304

65

% Change from 2014

-15.12%

-13.95%

-1.36%

+8.83%

+3.05%

-15.58%

BHHSColoradoProperties.com


2015 Year-End | Singletree Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$17,811,260

21

$848,155

$730,000

$274

227

2011

$25,744,687

29

$887,748

$755,000

$264

249

2012

$30,480,703

43

$708,854

$648,900

$238

151

2013

$40,802,100

46

$887,002

$772,500

$275

141

2014

$36,758,890

44

$835,429

$770,000

$271

161

2015

$36,512,275

41

$890,543

$819,000

$322

107

% Change from 2014

-0.67%

-6.82%

+6.60%

+6.36%

+18.82%

-33.54%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$2,481,500

5

$496,300

$450,000

$314

356

2011

$2,343,000

4

$585,750

$650,000

$268

338

2012

$3,356,000

8

$419,500

$365,000

$240

328

2013

$2,982,500

6

$497,083

$457,250

$245

136

2014

$1,504,000

3

$501,333

$499,000

$326

72

2015

$2,467,200

5

$493,440

$445,000

$293

51

% Change from 2014

+64.04%

+66.67%

-1.57%

-10.82%

-10.12%

-29.17%

BHHSColoradoProperties.com


2015 Year-End | Homestead Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$8,507,500

10

$850,750

$880,000

$269

238

2011

$4,151,000

7

$593,000

$601,000

$197

210

2012

$9,265,900

15

$617,727

$620,000

$201

116

2013

$19,498,800

24

$812,450

$695,000

$223

125

2014

$11,340,121

17

$667,066

$630,000

$254

152

2015

$21,575,866

22

$980,721

$900,750

$282

147

% Change from 2014

+90.26%

+29.41%

+47.02%

+42.98%

+11.02%

-3.29%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$3,823,000

11

$347,545

$350,000

$240

139

2011

$4,152,250

13

$319,404

$323,500

$188

322

2012

$7,673,321

23

$333,623

$325,000

$202

60

2013

$7,591,400

21

$361,495

$365,000

$230

82

2014

$9,360,100

24

$390,004

$392,500

$229

51

2015

$12,825,900

31

$413,739

$418,500

$266

30

% Change from 2014

+37.03%

+29.17%

+6.09%

+6.62%

+16.16%

-41.18%

BHHSColoradoProperties.com


2015 Year-End | Lake Creek Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$15,608,720

8

$1,951,090

$1,825,000

$434

280

2011

$9,995,000

4

$2,498,750

$2,350,000

$401

324

2012

$12,699,000

6

$2,116,500

$2,287,500

$526

213

2013

$16,764,000

9

$1,862,667

$1,760,000

$419

628

2014

$27,877,500

12

$2,323,125

$1,662,500

$458

349

2015

$14,846,900

7

$2,120,986

$1,335,000

$433

230

% Change from 2014

-46.74%

-41.67%

-8.70%

-19.70%

-5.46%

-34.10%

BHHSColoradoProperties.com


2015 Year-End | Cordillera (Divide, Ranch, and Summit)) All Residential Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$67,305,000

37

$1,819,054

$1,700,000

$327

305

2011

$31,018,000

21

$1,477,048

$1,200,000

$275

425

2012

$31,892,250

20

$1,594,613

$1,513,750

$276

290

2013

$47,499,000

32

$1,484,344

$1,112,500

$292

282

2014

$66,284,650

37

$1,791,477

$1,595,000

$322

279

2015

$61,845,400

34

$1,818,982

$1,625,000

$327

354

% Change from 2014

-6.70%

-8.11%

+1.54%

+1.88%

+1.55%

+26.88%

BHHSColoradoProperties.com


2015 Year-End | Cordillera Valley Club Club Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$15,905,400

7

$2,272,200

$2,075,400

$410

269

2011

$985,000

1

$985,000

$985,000

$260

455

2012

$6,214,500

5

$1,242,900

$1,125,000

$292

347

2013

$19,555,000

12

$1,629,583

$1,475,000

$343

294

2014

$4,525,000

2

$2,262,500

$2,262,500

$472

24

2015

$19,652,500

10

$1,965,250

$2,087,500

$396

230

% Change from 2014

+334.31%

+400.00%

-13.14%

-7.73%

-16.10%

+858.33%

BHHSColoradoProperties.com


2015 Year-End | Wolcott (Bellyache and Red Sky Ranch) Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$24,228,500

11

$2,202,591

$2,200,000

$369

191

2011

$11,468,170

10

$1,146,817

$1,076,335

$256

211

2012

$13,942,000

13

$1,072,462

$775,000

$215

225

2013

$5,101,500

5

$1,020,300

$949,000

$217

400

2014

$8,175,000

3

$2,725,000

$2,525,000

$490

251

2015

$7,479,000

5

$1,495,800

$1,000,000

$308

328

% Change from 2014

-8.51%

+66.67%

-45.11%

-60.40%

-37.14%

+30.68%

BHHSColoradoProperties.com


2015 Year-End | Eagle (not including Eagle Ranch) Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$11,916,800

28

$425,600

$365,000

$178

197

2011

$10,983,625

33

$332,837

$267,500

$133

149

2012

$26,549,605

71

$373,938

$315,000

$157

110

2013

$23,375,635

56

$417,422

$353,625

$177

74

2014

$19,967,950

44

$453,817

$401,100

$196

75

2015

$34,479,700

59

$584,402

$480,000

$231

92

% Change from 2014

+72.68%

+34.09%

+28.77%

+19.67%

+17.86%

+22.67%

Condominium and Townhome Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$5,540,275

20

$277,014

$269,500

$183

118

2011

$5,208,900

31

$168,029

$165,000

$116

195

2012

$5,847,675

35

$167,076

$165,000

$117

61

2013

$4,469,425

19

$235,233

$197,500

$150

67

2014

$8,790,463

30

$293,015

$299,500

$180

111

2015

$11,133,965

36

$309,277

$306,000

$200

64

% Change from 2014

+26.66%

+20.00%

+5.55%

+2.17%

+11.11%

-42.34%

BHHSColoradoProperties.com


2015 Year-End | Eagle Ranch Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$20,823,210

31

$671,716

$605,000

$197

180

2011

$26,302,400

48

$547,967

$474,500

$164

171

2012

$29,156,404

54

$539,933

$550,000

$153

62

2013

$32,637,625

54

$604,400

$557,500

$170

138

2014

$25,363,014

41

$618,610

$579,000

$182

118

2015

$34,919,440

54

$646,656

$626,000

$184

106

% Change from 2014

+37.68%

+31.71%

+4.53%

+8.12%

+1.10%

-10.17%

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

Condominium and Townhome Year

Sales Volume

Number of Sales

2010

$3,407,000

13

$262,077

$265,000

$176

210

2011

$3,911,300

19

$205,858

$205,000

$164

231

2012

$2,686,500

13

$206,654

$205,000

$160

167

2013

$2,923,200

13

$224,862

$235,000

$177

54

2014

$6,326,150

24

$263,590

$240,000

$210

77

2015

$7,066,500

22

$321,205

$307,000

$235

63

% Change from 2014

+11.70%

-8.33%

+21.86%

+27.92%

+11.90%

-18.18%

BHHSColoradoProperties.com


2015 Year-End | Gypsum Single Family and Duplex Year

Sales Volume

Number of Sales

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

2010

$17,395,694

52

$334,533

$324,250

$153

136

2011

$22,165,359

82

$270,309

$254,700

$124

129

2012

$34,412,911

122

$282,073

$254,500

$121

99

2013

$33,208,745

110

$301,898

$275,000

$138

47

2014

$31,742,850

94

$337,690

$328,750

$167

55

2015

$44,729,685

108

$414,164

$390,500

$189

63

% Change from 2014

+40.91%

+14.89%

+22.65%

+18.78%

+13.17%

+14.55%

Average Sale Price

Median Sale Price

Average Sold Price per Foot

Average Days on Market

Condominium and Townhome Year

Sales Volume

Number of Sales

2010

$778,800

5

$155,760

$160,000

$110

90

2011

$1,926,800

18

$107,044

$99,950

$82

93

2012

$2,986,900

29

$102,997

$100,000

$76

48

2013

$1,256,590

10

$125,659

$120,300

$97

25

2014

$4,206,500

12

$350,542

$173,500

$136

48

2015

$3,714,900

16

$232,181

$252,500

$167

40

% Change from 2014

-11.69%

+33.33%

-33.77%

+45.53%

+22.79%

-16.67%

BHHSColoradoProperties.com


BHHSColoradoProperties.com


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