Vail Valley Micro Market Report - Year End 2014

Page 1

LIV REPORT MICROMARKET

VAIL VALLEY | 2014

COLORADOMICROREPORTS.COM


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 2014 | 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.


| MARKETS BY AREA VAIL VALLEY MARKET VAIL VALLEY MARKET

BEAVER CREEK

All Properties

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

BACHELOR GULCH

2014

% Change

$1,600,188 $656 315 $7,125,000 $314,000 72 93.58%

$1,659,897 $687 332 $8,350,000 $475,000 87 94.13%

3.7% 4.7% 5.4% 17.2% 51.3% 20.8% 0.6%

2013

2014

% Change

$3,623,338 $789 441 $11,900,000 $880,000 29 92.00%

$3,434,177 $882 289 $9,975,000 $1,000,000 31 94.21%

-5.2% 11.8% -34.5% -16.2% 13.6% 6.9% 2.4%

2013

2014

% Change

$1,551,584 $455 255 $4,260,000 $215,000 48 91.93%

$1,479,569 $485 249 $7,225,000 $350,000 57 90.91%

-4.6% 6.6% -2.4% 69.6% 62.8% 18.8% -1.1%

All Properties

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

ARROWHEAD

2013

All Properties

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

MICROMARKET REPORT | VAIL VALLEY 2014 | 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.


| MARKETS BY AREA VAIL VALLEY MARKET VAIL VALLEY MARKET

VAIL VILLAGE

All Properties

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

LIONSHEAD

2013

2014

% Change

$3,157,442 $1,471 381 $13,550,000 $375,000 43 93.18%

$4,632,260 $1,603 456 $19,000,000 $480,000 53 91.53%

46.7% 9.0% 19.7% 40.2% 28.0% 23.3% -1.8%

2013

2014

% Change

$1,827,798 $1,052 404 $7,650,000 $231,000 42 94.62%

$2,673,685 $1,234 255 $14,250,000 $300,000 46 91.77%

46.3% 17.3% -36.9% 86.3% 29.9% 9.5% -3.0%

All Properties

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

VAIL ALL PROPERTIES

Excluding Vail Village and Lionshead

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

2013

2014

% Change

$846,975 $439 152 $4,600,000 $175,000 173 93.89%

$956,828 $460 173 $7,600,000 $195,000 179 94.51%

13.0% 4.8% 13.8% 65.2% 11.4% 3.5% 0.7%

MICROMARKET REPORT | VAIL VALLEY 2014 | 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

Condo/Townhome/Duplex

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

ARROWHEAD

2013

2014

% Change

$1,143,634 $472 284 $2,950,000 $215,000 32 92.86%

$943,072 $474 194 $2,166,600 $350,000 43 93.42%

-17.5% 0.4% -31.7% -26.6% 62.8% 34.4% 0.6%

2013

2014

% Change

$2,367,482 $421 196 $4,260,000 $1,000,000 16 91.51%

$3,127,381 $520 418 $7,225,000 $1,300,000 14 88.63%

32.1% 23.5% 113.3% 69.6% 30.0% -12.5% -3.1%

2013

2014

% Change

$1,838,047 $746 379 $2,950,000 $880,000 17 91.90%

$2,418,646 $876 262 $4,400,000 $1,000,000 24 93.85%

31.6% 17.4% -30.9% 49.2% 13.6% 41.2% 2.1%

Single Family

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

BACHELOR GULCH

Condo/Townhome/Duplex

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

MICROMARKET REPORT | VAIL VALLEY 2014 | 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 December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

BEAVER CREEK

2014

% Change

$6,152,500 $849 530 $11,900,000 $3,925,000 12 90.85%

$6,916,000 $901 382 $9,975,000 $3,700,000 7 96.77%

12.4% 6.1% -27.9% -16.2% -5.7% -41.7% 6.5%

2013

2014

% Change

$1,231,362 $649 319 $4,800,000 $314,000 65 93.84%

$1,351,659 $685 336 $3,500,000 $475,000 79 93.89%

9.8% 5.5% 5.3% -27.1% 51.3% 21.5% 0.1%

2013

2014

% Change

$5,025,000 $720 275 $7,125,000 $2,300,000 7 94.24%

$4,703,750 $711 300 $8,350,000 $2,775,000 8 94.70%

-6.4% -1.3% 9.1% 17.2% 20.7% 14.3% 0.5%

Condo/Townhome/Duplex

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

BEAVER CREEK

2013

Single Family

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

MICROMARKET REPORT | VAIL VALLEY 2014 | 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 December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

EAGLE & GYPSUM

All Properties

2013

2014

% Change

$1,523,955 $306 285 $3,875,000 $698,000 44 89.99%

$1,815,632 $330 266 $3,850,000 $740,000 39 92.61%

19.1% 7.8% -6.7% -0.6% 6.0% -11.4% 2.9%

2013

2014

% Change

$359,161 $154 85 $1,725,000 $70,875 292 95.38%

$386,858 $176 80 $2,500,000 $59,148 275 97.34%

7.7% 14.3% -5.9% 44.9% -16.5% -5.8% 2.1%

All Properties

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

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

All Properties 2013

2014

% Change

$434,899 $283 157 $1,600,000 $108,000 193 94.97%

$496,642 $302 111 $2,750,000 $106,000 212 94.75%

14.2% 6.7% -29.3% 71.9% -1.9% 9.8% -0.2%

MICROMARKET REPORT | VAIL VALLEY 2014 | 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 December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

2013

2014

% Change

$528,905 $246 157 $2,075,000 $180,000 83 94.82%

$464,447 $267 96 $1,750,000 $162,750 91 96.06%

-12.2% 8.5% -38.9% -15.7% -9.6% 9.6% 1.3%

2013

2014

% Change

$1,862,667 $419 628 $4,350,000 $595,000 9 81.12%

$2,323,125 $458 349 $9,500,000 $545,000 12 87.52%

24.7% 9.3% -44.4% 118.4% -8.4% 33.3% 7.9%

2013

2014

% Change

$842,012 $271 140 $2,465,000 $320,000 52 94.56%

$814,104 $275 155 $1,520,000 $405,000 47 93.22%

-3.3% 1.5% 10.7% -38.3% 26.6% -9.6% -1.4%

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

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

All Properties

All Properties

MICROMARKET REPORT | VAIL VALLEY 2014 | 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 December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

2013

2014

% Change

$0 $0 0 $0 $0 No Sales 0.00%

$2,900,000 $554 521 $4,100,000 $2,100,000 3 88.82%

-

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

2013

2014

% Change

$1,669,605 $662 294 $4,600,000 $525,000 19 94.64%

$1,860,097 $719 357 $5,000,000 $575,000 18 93.38%

11.4% 8.6% 21.4% 8.7% 9.5% -5.3% -1.3%

ALL OTHER VAIL AREAS

East Vail, Booth Creek, Potato Ranch, Sandstone Lionsridge, Valley Ridge at Vail,West Vail North, Highland Meadows,West Vail South January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

2013

2014

% Change

$745,482 $411 134 $4,513,803 $175,000 154 93.88%

$855,841 $431 152 $7,600,000 $195,000 161 94.88%

14.8% 4.9% 13.4% 68.4% 11.4% 4.5% 1.1%

MICROMARKET REPORT | VAIL VALLEY 2014 | 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.


LIV SOTHEBY’S INTERNATIONAL REALTY

MARKET UPDATES

The monthly

MARKET SNAPSHOT VIDEO for your neighborhood W W W. C O L O R A D O M A R K E T U P D AT E S . C O M


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

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 2014 | 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


The life you love.

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