Vail Valley Q3 2015 Micro Market Report

Page 1

LIVREPORT MICROMARKET

VAIL VALLEY | January-September 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

11

16 9 5

10

18 1

14 17

2 3

4

12

16

15

8

6

13

1. Arrowhead

10. Edwards - Lake Creek Valley

2. Avon

11. Edwards - Singletree

3. Bachelor Gulch

12. Lionshead

4. Beaver Creek

13. Minturn

5. Cordillera & Cordillera Valley Club

14. Mountain Star

6. Eagle-Vail

15. Vail Golf Course, Spraddle Creek & Cascade

7. Eagle, Eagle Ranch, Brush Creek & Gypsum

16. Vail Village

8. East Vail

17. West Vail

9. Edwards & Homestead

18. Wildridge/Wildwood

MICROMARKET REPORT | VAIL VALLEY JANUARY-SEPTEMBER 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

All Properties

January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

ARROWHEAD

2014

2015

% Change

$1,500,189

$1,973,526

31.6%

$480

$565

17.7%

268

183

-31.7%

$7,225,000

$4,800,000

-33.6%

42

54

28.6%

89.9%

94.8%

5.5%

2014

2015

% Change

$3,106,212

$3,155,003

1.6%

$532

$599

12.6%

476

206

-56.7%

$7,225,000

$4,800,000

-33.6%

11

23

109.1%

86.4%

94.5%

9.4%

2014

2015

% Change

$930,310

$1,096,946

17.9%

$461

$540

17.1%

195

166

-14.9%

$2,166,600

$2,350,000

8.5%

31

31

0.0%

93.8%

94.5%

0.7%

Single Family

January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

ARROWHEAD Condos/Townhomes/Duplexes January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

MICROMARKET REPORT | VAIL VALLEY JANUARY-SEPTEMBER 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

All Properties

January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

BACHELOR GULCH

2014

2015

% Change

$3,775,091

$2,024,081

-46.4%

$880

$843

-4.2%

304

187

-38.5%

$9,975,000

$10,250,000

2.8%

22

26

18.2%

94.1%

97.2%

3.4%

2014

2015

% Change

$7,862,400

$9,848,750

25.3%

$926

$974

5.2%

417

622

49.2%

$9,975,000

$10,250,000

2.8%

5

2

-60.0%

96.3%

92.1%

-4.4%

2014

2015

% Change

$2,572,941

$1,372,025

-46.7%

$866

$823

-5.0%

270

151

-44.1%

$4,400,000

$2,500,000

-43.2%

17

24

41.2%

93.7%

97.6%

4.1%

Single Family

January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

BACHELOR GULCH Condos/Townhomes/Duplexes January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

MICROMARKET REPORT | VAIL VALLEY JANUARY-SEPTEMBER 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

BEAVER CREEK

All Properties

January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

BEAVER CREEK

2014

2015

% Change

$1,633,425

$2,146,326

31.4%

$679

$684

0.7%

348

311

-10.6%

$8,350,000

$10,100,000

21.0%

66

61

-7.6%

93.0%

92.4%

-0.5%

2014

2015

% Change

$4,763,333

$5,375,833

12.9%

$692

$754

9.0%

392

518

32.1%

$8,350,000

$10,100,000

21.0%

6

12

100.0%

92.8%

87.5%

-5.7%

2014

2015

% Change

$1,320,434

$1,355,427

2.7%

$677

$667

-1.5%

344

261

-24.1%

$3,437,500

$6,700,000

94.9%

60

49

-18.3%

93.1%

95.1%

2.1%

Single Family

January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

BEAVER CREEK Condos/Townhomes/Duplexes January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

MICROMARKET REPORT | VAIL VALLEY JANUARY-SEPTEMBER 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 January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

CORDILLERA

All Properties

2014

2015

% Change

$1,687,365

$1,801,263

6.8%

$321

$340

5.9%

289

300

3.8%

$3,850,000

$3,850,000

0.0%

26

30

15.4%

94.4%

94.6%

0.2%

2014

2015

% Change

$1,632,938

$1,756,683

7.6%

$308

$319

3.6%

311

313

0.6%

$3,850,000

$3,850,000

0.0%

24

24

0.0%

92.2%

92.0%

-0.2%

2014

2015

% Change

$2,262,500

$1,979,583

-12.5%

$472

$424

-10.2%

24

251

945.8%

$2,625,000

$2,300,000

-12.4%

2

6

200.0%

97.9%

96.6%

-1.3%

All Properties

January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

CORDILLERA VALLEY CLUB All Properties January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

MICROMARKET REPORT | VAIL VALLEY JANUARY-SEPTEMBER 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 September Average Price Average Price per Square Foot

2014

2015

% Change

$470,114

$503,855

7.2%

$272

$284

4.4%

83

73

-12.0%

$1,318,621

$1,490,000

13.0%

60

68

13.3%

96.5%

97.1%

0.7%

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

EDWARDS - LAKE CREEK VALLEY January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

All Properties

2014

2015

% Change

$2,332,188

$3,681,000

57.8%

$480

$579

20.6%

329

278

-15.5%

$9,500,000

$6,200,000

-34.7%

8

5

-37.5%

85.5%

98.6%

15.3%

2014

2015

% Change

$800,268

$847,844

5.9%

$284

$324

14.1%

142

97

-31.7%

$1,520,000

$1,700,000

11.8%

28

40

42.9%

94.4%

96.1%

1.9%

EDWARDS - SINGLETREE All Properties January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

MICROMARKET REPORT | VAIL VALLEY JANUARY-SEPTEMBER 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

TOWN OF VAIL All Properties January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

EAST VAIL

2014

2015

% Change

$1,931,040

$1,808,957

-6.3%

$798

$821

2.9%

251

200

-20.3%

$19,000,000

$15,750,000

-17.1%

190

208

9.5%

92.8%

93.7%

0.9%

2014

2015

% Change

$770,927

$714,192

-7.4%

$430

$472

9.8%

158

83

-47.5%

$3,850,000

$3,450,000

-10.4%

41

52

26.8%

95.3%

94.6%

-0.7%

2014

2015

% Change

$852,014

$1,023,833

20.2%

$389

$423

8.7%

105

142

35.2%

$2,425,000

$2,500,000

3.1%

28

30

7.1%

94.7%

96.8%

2.2%

All Properties

January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

WEST VAIL All Properties January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

MICROMARKET REPORT | VAIL VALLEY JANUARY-SEPTEMBER 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

VAIL VILLAGE

All Properties

January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

LIONSHEAD

2014

2015

% Change

$4,908,699

$4,066,133

-17.2%

$1,619

$1,592

-1.7%

502

337

-32.9%

$19,000,000

$15,750,000

-17.1%

38

43

13.2%

91.5%

93.7%

2.4%

2014

2015

% Change

$2,174,367

$2,018,776

-7.2%

$1,151

$1,202

4.4%

288

413

43.4%

$8,500,000

$7,000,000

-17.6%

30

29

-3.3%

92.0%

93.7%

1.8%

All Properties

January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

VAIL GOLF COURSE, SPRADDLE CREEK & CASCADE All Properties January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

2014

2015

% Change

$1,737,982

$1,585,667

-8.8%

$673

$675

0.3%

364

165

-54.7%

$4,400,000

$4,125,000

-6.3%

14

15

7.1%

93.6%

93.6%

-0.1%

MICROMARKET REPORT | VAIL VALLEY JANUARY-SEPTEMBER 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

ALL OTHER VAIL AREAS

Booth Creek, Highland Meadows, Potato Ranch, Sandstone Lionsridge, Valley Ridge at Vail January through September Average Price Average Price per Square Foot

2014

2015

% Change

$933,375

$1,372,594

47.1%

$450

$501

11.3%

143

124

-13.3%

$3,225,000

$6,900,000

114.0%

40

47

17.5%

94.5%

94.3%

-0.2%

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

EAGLE-VAIL, AVON & WILDRIDGE January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

All Properties

2014

2015

% Change

$494,554

$524,750

6.1%

$299

$329

10.0%

116

92

-20.7%

$2,750,000

$1,535,000

-44.2%

150

146

-2.7%

94.4%

96.0%

1.7%

EAGLE, EAGLE RANCH, BRUSH CREEK & GYPSUM All Properties January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

2014

2015

% Change

$377,759

$459,363

21.6%

$179

$202

12.8%

68

69

1.5%

$2,450,000

$2,050,000

-16.3%

165

202

22.4%

97.3%

96.1%

-1.3%

MICROMARKET REPORT | VAIL VALLEY JANUARY-SEPTEMBER 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

MINTURN

All Properties

January through September Average Price Average Price per Square Foot Average Days on Market Highest Price

2014

2015

% Change

$536,714

$639,873

19.2%

$300

$393

31.0%

270

111

-58.9%

$810,000

$1,599,000

97.4%

7

15

114.3%

96.1%

96.0%

-0.1%

2014

2015

% Change

$2,900,000

$6,081,667

109.7%

$554

$742

33.9%

521

407

-21.9%

$4,100,000

$7,450,000

81.7%

3

3

0.0%

88.8%

91.3%

2.8%

2014

2015

% Change

$687,797

$820,833

19.3%

$232

$276

19.0%

102

138

35.3%

$1,485,000

$1,535,000

3.4%

30

23

-23.3%

92.6%

93.8%

1.3%

Properties Sold % Sold Price to List Price

MOUNTAIN STAR

All Properties

January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

WILDRIDGE/WILDWOOD All Properties January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

MICROMARKET REPORT | VAIL VALLEY JANUARY-SEPTEMBER 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

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

DENVER TECH CENTER

EVERGREEN

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

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

BEAVER CREEK

VAIL

EDWARDS

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

292 E. Meadow Drive, Suite 101 Vail, CO 81657 970.476.7944

101 South Main Street Breckenridge, CO 80424 970.453.0550

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

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

DOWNTOWN DENVER

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

BRECKENRIDGE

CHERRY CREEK

CHERRY CREEK

CASTLE PINES

1050 Walnut Street Boulder, CO 80302 303.443.6161

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

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

VAIL VALLEY Beaver Creek

Denver Tech Center

Evergreen

Edwards Vail

24

70 85

Breckenridge

285

25

Castle Pines

MICROMARKET REPORT | VAIL VALLEY JANUARY-SEPTEMBER 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.

24


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