Vail Valley Q1 2015 Micro Market Report

Page 1

LIV REPORT MICROMARKET

VAIL VALLEY | Quarter 1 2015

C O LO R A D O M I C R O R E P O R TS . C O M


VAIL VALLEY NEIGHBORHOODS

Beaver Creek & Vail

7

10

16 8 5

9

15 1

12 2

3

4

11

14

13

6

1. Arrowhead

9. Edwards - Lake Creek Valley

2. Avon

10. Edwards - Singletree

3. Bachelor Gulch

11. Lionshead

4. Beaver Creek

12. Mountain Star

5. Cordillera & Cordillera Valley Club

13. Vail Golf Course, Spraddle Creek & Cascade

6. Eagle Vail

14. Vail Village

7. Eagle & Gypsum

15. Wildridge

8. Edwards - Homestead

16. Wolcott, Bellyache, Red Sky

MICROMARKET REPORT | VAIL VALLEY QUARTER 1 2015 | COLORADOMICROREPORTS.COM

Based on Information from Vail Board of Realtors速. This representation is based in whole or in part on data supplied by Vail Board of Realtors速. Vail Board of Realtors速 does not guarantee nor is in any way responsible for its accuracy. Data maintained by Vail Board of Realtors速 may not reflect all real estate activity in the market.


VAIL VALLEY MARKET

BEAVER CREEK All Properties January through March

2014

2015

% Change

$1,600,600

$2,394,708

49.6%

$710

$731

3.0%

381

258

-32.3%

Highest Price

$8,350,000

$8,000,000

-4.2%

Lowest Price

$630,000

$715,000

13.5%

25

24

-4.0%

93.55%

91.74%

-1.9%

2014

2015

% Change

$3,046,091

$2,037,025

-33.1%

$864

$864

0.0%

254

186

-26.8%

Highest Price

$7,295,000

$10,250,000

40.5%

Lowest Price

$1,000,000

$299,900

-70.0%

11

12

9.1%

95.43%

96.63%

1.3%

2014

2015

% Change

$1,357,333

$1,568,625

15.6%

$475

$538

13.3%

336

320

-4.8%

Highest Price

$3,700,000

$4,185,000

13.1%

Lowest Price

$500,000

$420,000

-16.0%

15

10

-33.3%

93.60%

95.17%

1.7%

Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

BACHELOR GULCH All Properties January through March Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

ARROWHEAD All Properties January through March Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

MICROMARKET REPORT | VAIL VALLEY QUARTER 1 2015 | COLORADOMICROREPORTS.COM

Based on Information from Vail Board of Realtors速. This representation is based in whole or in part on data supplied by Vail Board of Realtors速. Vail Board of Realtors速 does not guarantee nor is in any way responsible for its accuracy. Data maintained by Vail Board of Realtors速 may not reflect all real estate activity in the market.


VAIL VALLEY MARKET

VAIL VILLAGE All Properties January through March

2014

2015

% Change

$4,900,000

$2,754,332

-43.8%

$1,709

$1,475

-13.7%

595

237

-60.2%

Highest Price

$11,200,000

$9,400,000

-16.1%

Lowest Price

$1,850,000

$755,000

-59.2%

7

17

142.9%

88.37%

94.93%

7.4%

2014

2015

% Change

$1,726,727

$1,948,955

12.9%

$1,038

$1,158

11.6%

381

279

-26.8%

Highest Price

$3,825,000

$7,000,000

83.0%

Lowest Price

$305,000

$395,000

29.5%

11

11

0.0%

89.53%

94.20%

5.2%

Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

LIONSHEAD All Properties January through March Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

VAIL ALL PROPERTIES Excluding Vail Village and Lionshead January through March

2014

2015

% Change

$920,117

$1,307,707

42.1%

$447

$498

11.4%

178

219

23.0%

Highest Price

$3,225,000

$3,450,000

7.0%

Lowest Price

$237,000

$345,000

45.6%

Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

32

29

-9.4%

94.87%

91.21%

-3.9%

MICROMARKET REPORT | VAIL VALLEY QUARTER 1 2015 | COLORADOMICROREPORTS.COM

Based on Information from Vail Board of Realtors速. This representation is based in whole or in part on data supplied by Vail Board of Realtors速. Vail Board of Realtors速 does not guarantee nor is in any way responsible for its accuracy. Data maintained by Vail Board of Realtors速 may not reflect all real estate activity in the market.


VAIL VALLEY MARKET | MARKETS BY AREA

ARROWHEAD Condos/Townhomes/Duplexes January through March

2014

2015

% Change

$1,019,583

$948,214

-7.0%

$442

$517

17.0%

229

281

22.7%

Highest Price

$1,400,000

$2,350,000

67.9%

Lowest Price

$500,000

$420,000

-16.0%

12

5

-58.3%

94.02%

95.97%

2.1%

2014

2015

% Change

$2,708,333

$3,016,250

11.4%

$610

$586

-3.9%

764

410

-46.3%

Highest Price

$3,700,000

$4,185,000

13.1%

Lowest Price

$1,725,000

$1,863,750

8.0%

3

3

0.0%

93.15%

92.71%

-0.5%

2014

2015

% Change

$2,621,200

$1,290,391

-50.8%

$844

$853

1.1%

278

105

-62.2%

Highest Price

$4,400,000

$2,100,000

-52.3%

Lowest Price

$1,000,000

$299,900

-70.0%

10

11

10.0%

95.43%

97.03%

1.7%

Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

ARROWHEAD Single Family January through March Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

BACHELOR GULCH Condos/Townhomes/Duplexes January through March Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

MICROMARKET REPORT | VAIL VALLEY QUARTER 1 2015 | COLORADOMICROREPORTS.COM

Based on Information from Vail Board of Realtors速. This representation is based in whole or in part on data supplied by Vail Board of Realtors速. Vail Board of Realtors速 does not guarantee nor is in any way responsible for its accuracy. Data maintained by Vail Board of Realtors速 may not reflect all real estate activity in the market.


VAIL VALLEY MARKET | MARKETS BY AREA

BACHELOR GULCH Single Family January through March

2014

2015

% Change

$7,295,000

$10,250,000

40.5%

$1,065

$990

-7.0%

7

1074

15242.9%

Highest Price

$7,295,000

$10,250,000

40.5%

Lowest Price

$7,295,000

$10,250,000

40.5%

1

1

0.0%

100.00%

89.13%

-10.9%

2014

2015

% Change

$1,319,375

$1,885,684

42.9%

$700

$726

3.7%

357

252

-29.4%

Highest Price

$3,150,000

$6,700,000

112.7%

Lowest Price

$630,000

$715,000

13.5%

24

19

-20.8%

93.60%

95.44%

2.0%

2014

2015

% Change

$8,350,000

$4,329,000

-48.2%

$967

$751

-22.3%

946

281

-70.3%

Highest Price

$8,350,000

$8,000,000

-4.2%

Lowest Price

$8,350,000

$2,275,000

-72.8%

1

5

400.0%

94.35%

86.12%

-8.7%

Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

BEAVER CREEK Condos/Townhomes/Duplexes January through March Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

BEAVER CREEK Single Family January through March Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

MICROMARKET REPORT | VAIL VALLEY QUARTER 1 2015 | COLORADOMICROREPORTS.COM

Based on Information from Vail Board of Realtors速. This representation is based in whole or in part on data supplied by Vail Board of Realtors速. Vail Board of Realtors速 does not guarantee nor is in any way responsible for its accuracy. Data maintained by Vail Board of Realtors速 may not reflect all real estate activity in the market.


VAIL VALLEY MARKET | MARKETS BY AREA

CORDILLERA & CORDILLERA VALLEY CLUB All Properties January through March

2014

2015

% Change

$1,628,571

$1,645,988

1.1%

$291

$327

12.4%

366

434

18.6%

Highest Price

$3,850,000

$2,300,000

-40.3%

Lowest Price

$940,000

$1,075,000

14.4%

7

8

14.3%

91.69%

92.92%

1.3%

2014

2015

% Change

$333,622

$459,025

37.6%

$170

$185

8.8%

81

114

40.7%

Highest Price

$785,000

$2,050,000

161.1%

Lowest Price

$123,000

$190,000

54.5%

46

35

-23.9%

97.58%

97.27%

-0.3%

2014

2015

% Change

$595,767

$463,573

-22.2%

$354

$331

-6.5%

204

115

-43.6%

Highest Price

$1,420,000

$1,121,250

-21.0%

Lowest Price

$161,900

$165,000

1.9%

27

24

-11.1%

94.48%

96.15%

1.8%

Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

EAGLE & GYPSUM All Properties January through March Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

EAGLE-VAIL, AVON & WILDRIDGE All Properties January through March Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

MICROMARKET REPORT | VAIL VALLEY QUARTER 1 2015 | COLORADOMICROREPORTS.COM

Based on Information from Vail Board of Realtors速. This representation is based in whole or in part on data supplied by Vail Board of Realtors速. Vail Board of Realtors速 does not guarantee nor is in any way responsible for its accuracy. Data maintained by Vail Board of Realtors速 may not reflect all real estate activity in the market.


VAIL VALLEY MARKET | MARKETS BY AREA

EDWARDS - HOMESTEAD All Properties January through March

2014

2015

% Change

$403,500

$502,806

24.6%

$244

$269

10.2%

90

128

42.2%

Highest Price

$745,000

$1,309,866

75.8%

Lowest Price

$299,000

$279,000

-6.7%

10

11

10.0%

96.25%

95.18%

-1.1%

Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

EDWARDS - LAKE CREEK VALLEY All Properties January through March

2014

2015

% Change

$807,500

$2,400,000

197.2%

$940

$285

-69.7%

271

462

70.5%

Highest Price

$807,500

$2,400,000

197.2%

Lowest Price

$807,500

$2,400,000

197.2%

1

1

0.0%

74.08%

96.00%

29.6%

2014

2015

% Change

$876,250

$698,625

-20.3%

$282

$310

9.9%

216

132

-38.9%

Highest Price

$1,160,000

$926,250

-20.2%

Lowest Price

$600,000

$377,500

-37.1%

4

6

50.0%

97.81%

96.89%

-0.9%

Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

EDWARDS - SINGLETREE All Properties January through March Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

MICROMARKET REPORT | VAIL VALLEY QUARTER 1 2015 | COLORADOMICROREPORTS.COM

Based on Information from Vail Board of Realtors速. This representation is based in whole or in part on data supplied by Vail Board of Realtors速. Vail Board of Realtors速 does not guarantee nor is in any way responsible for its accuracy. Data maintained by Vail Board of Realtors速 may not reflect all real estate activity in the market.


VAIL VALLEY MARKET | MARKETS BY AREA

MOUNTAIN STAR All Properties January through March

2014

2015

% Change

Average Price

$0

$0

-

Average Price per Square Foot

$0

$0

-

0

0

-

$0

$0

-

Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

$0

$0

-

No Sales

No Sales

-

0.00%

0.00%

-

VAIL GOLF COURSE, SPRADDLE CREEK & CASCADE All Properties January through March

2014

2015

% Change

$1,093,500

$1,684,375

54.0%

$523

$764

46.1%

208

446

114.4%

Highest Price

$1,162,000

$2,900,000

149.6%

Lowest Price

$1,025,000

$610,000

-40.5%

2

4

100.0%

95.57%

92.27%

-3.5%

Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

ALL OTHER VAIL AREAS East Vail, Booth Creek, Potato Ranch, Sandstone Lionsridge, Valley Ridge at Vail, Highland Meadows, West Vail North, West Vail South January through March

2014

2015

% Change

$746,724

$1,298,500

73.9%

$413

$445

7.7%

173

204

17.9%

Highest Price

$2,733,249

$3,450,000

26.2%

Lowest Price

$237,000

$345,000

45.6%

Average Price Average Price per Square Foot Average Days on Market

Properties Sold % Sold Price to List Price

19

20

5.3%

94.40%

91.37%

-3.2%

MICROMARKET REPORT | VAIL VALLEY QUARTER 1 2015 | COLORADOMICROREPORTS.COM

Based on Information from Vail Board of Realtors速. This representation is based in whole or in part on data supplied by Vail Board of Realtors速. Vail Board of Realtors速 does not guarantee nor is in any way responsible for its accuracy. Data maintained by Vail Board of Realtors速 may not reflect all real estate activity in the market.


COLORADO LUXURY REAL ESTATE EXPERTS BOULDER

CASTLE PINES

1050 Walnut Street Boulder, CO 80302 303.443.6161

858 W. Happy Canyon Road, Suite 100 Castle Rock, CO 80108 303.660.8800

CHERRY CREEK

400 S. Colorado Blvd., Suite 400 Denver, CO 80246 303.893.3200

DENVER TECH CENTER

DOWNTOWN DENVER

BEAVER CREEK VILLAGE

VAIL VALLEY

8000 E. Belleview Avenue, Suite 200 Greenwood Village, CO 80111 303.893.3200

255 Clayton Street, Unit 100 North Denver, CO 80206 303.893.3200

EVERGREEN

1512 Larimer Street, #46R Denver, CO 80202 303.893.3200

26 Avondale Lane, #119 Beaver Creek, CO 81620 970.845.0400

CHERRY CREEK-CLAYTON

31955 Castle Court, #1 South Evergreen, CO 80439 303.674.3200

BRECKENRIDGE

34253 Highway 6, #2A Edwards, CO 81632 970.748.5150

101 South Main Street Breckenridge, CO 80424 970.453.0550

34

LIV Sotheby’s International Realty Locations 36

BOULDER

|

CASTLE PINES VILLAGE

DOWNTOWN DENVER

|

EVERGREEN

BRECKENRIDGE

|

|

|

CHERRY CREEK

GREENWOOD VILLAGE

Boulder

25

VAIL VALLEY

DENVER Downtown Denver

70

Cherry Creek Evergreen

Edwards

Greenwood Village

70

Beaver Creek 24

85

Breckenridge

285

25

Castle Pines Village

MICROMARKET REPORT | VAIL VALLEY QUARTER 1 2015 | COLORADOMICROREPORTS.COM

Based on Information from Vail Board of Realtors®. This representation is based in whole or in part on data supplied by Vail Board of Realtors®. Vail Board of Realtors® does not guarantee nor is in any way responsible for its accuracy. Data maintained by Vail Board of Realtors® may not reflect all real estate activity in the market.

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