T he Slifer R eport VAIL VALLEY REAL ESTATE 2017 ANNUAL MARKET REVIEW
VA I L R E A L E S TAT E .C O M
TA B L E O F C O N T E N T S Company Performance...........................................3 Map of the Valley................................................ 4-5 Vail Valley Overview.............................................6-7 Vail Valley Luxury Market.................................... 8-9
E A S T >>> W E S T Vail Village & Lionshead........................................ 10 Vail Golf Course, Spraddle Creek & Cascade Village.................................................11 Vail - All Other Areas............................................ 12 Eagle - Vail............................................................ 13 Avon & Wildridge................................................. 14 Mountain Star....................................................... 15 Beaver Creek.........................................................16 Bachelor Gulch Village.......................................... 17 Arrowhead............................................................18 Edwards, Homestead & Lake Creek.....................19 Singletree..............................................................20 Cordillera..............................................................21 Wolcott..................................................................22 Eagle & Eagle Ranch.............................................23 Gypsum................................................................. 24
>>> Vail Valley Land Overview.....................................25 Online Tools - Real Time Alerts............................26 Global Reach......................................................... 27
LOCAL BRAND, LOCAL LEADERS. $1.35
BILLION
SLIFER SMITH & FRAMPTON MARKET SHARE *
$1.0B
$800M
$461.3M $405.8M
$105M $48.3M
$46.9M
$400M
$200M
$131M
$54M
EB L I Y’ V S SO TH
B H ER AT K H SH AW IR AY E
K I L EL LI LE A R M S W
E VO NG L K EL ER & S
E CO US RT TAQ IN U A IO RE
R A ON SS O BY CI R AT NE ES
SSF
&
CO L BA DW N EL KE L R
$0M
Slifer Smith & Frampton Real Estate has a 54-year local perspective and over 120 seasoned Vail Valley real estate brokers. Whether you are maximizing exposure to sell your home or seeking the best values in our resort market, clients across the globe trust the Vail Valley’s leading real estate company. *Data gathered is from Land and Residential sales from 1.1.17 through 12.31.2017 Source of all data is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed.
2017 A N N UA L SL I FE R R E P O R T 3
MILLIONS - BILLIONS
$600M
VAIL VALLEY AT A GOLF COMMUNITY
Wolcott & Bellyache Ridge
SKI RESORT
SSF OFFICES
70
Gypsum
Red Sky Ranch
Cordillera Valley Club Edwards
Eagle
EAGLE COUNTY AIRPORT
Eagle Ranch
Cordillera
Frost Creek
Arrowhead Lake Creek
SLIFER SMITH & FRAMPTON VAIL | 5 locations >>>
AVON | 3 locations >>>
Bridge Street | 230 Bridge St | 970.476.2421
The Westin Riverfront Village | 126 Riverfront Ln, Ste. C-100 | 970.748.5420
Bridge Street | 281 Bridge St | 970.479.5777
Mountain Star | 39 Paintbrush | 970.748.5545
Solaris at Vail | 141 E Meadow Dr | 970.477.5720
Avon Corporate | 30 Benchmark Rd, Ste. 107 | 970.845.2000
Lionshead | 531 E Lionshead Cir, Ste. 11 | 970.479.0245 Four Seasons Resort | One Vail Rd | 970.479.2015
CORDILLERA | 1 location
>>>
The Summit | 325 Settlers Loop | 970.926.6752
2017 A N N UA L SL I FE R R E P O R T 4
GLANCE Singletree
North
Mountain Star
West Vail
Avon & Wildridge
Lionshead Vail Village
70
Bachelor Eagle-Vail Gulch Minturn
Beaver Creek
East Vail
REAL ESTATE OFFICES VILLAGES OF BEAVER CREEK | 8 locations >>> Arrowhead | 160 Cresta Rd | 970.926.3000 Bachelor Gulch Village | 130 Daybreak Ridge, The Ritz-Carlton® | 970.845.2300 Beaver Creek Village | 46 Avondale Ln | 970.949.5811 Highlands Lodge | 15 Highlands Ln | 970.845.5810 Park Hyatt Promenade | 148 Beaver Creek Plaza, adjacent to ice rink | 970.845.9400 Park Hyatt Lobby | 148 Beaver Creek Plaza | 970.845.3836
We live here, we work here, we play here. Find your place at:
St James Place | 210 Offerson Rd | 970.845.9900
VAILREALESTATE. COM
The Charter | 120 Offerson Rd | 970.845.3815
EAGLE Eagle Ranch | 1143 Capitol St | 970.328.2550
2017 A N N UA L SL I FE R R E P O R T 5
2 017 VA I L VA L L E Y OV E R V I E W TRANSACTION VOLUME COMPARISON
1,530
1500 1,493
NUMBER OF TRANSACTIONS
1,418
1250
1,264 1,234
1000
2013
2014
2015
2016
2017
SALES VOLUME COMPARISON $1.6
1.61B
$
$1.4
1.43B
$
1.41B
$
1.33B
$
BILLIONS
$1.2
1.06B
$
$1.0
2013
2014
2015
2016
2017
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 6
2 017 VA I L VA L L E Y A R E A OV E R V I E W | S A L E S VO L U M E E AGLE VAIL , AVON, WILDRIDGE, MOUNTAIN STAR
E AST VAIL TO WEST VAIL
EAGLE VAIL, AVON, WILDRIDGE, MOUNTAIN STAR
EAST VAIL TO WEST VAIL $600
$200 536.1
$
167.9
$
$150
456.5
$
$400
177.4
$
510.3
$
131.1
$
$200
MILLIONS
MILLIONS
$100
$0
2015
2016
$0
2017
BE AVER CREEK MOUNTAIN (BC, BG, AH) $ 149.4 $ 134.0 CREEK MOUNTAIN (BC, BG, AH) BEAVER $ 118.2 $ $450 110.3
$50
2015
2016
2017
SINGLETREE, EDWARDS, HOMESTE AD, $ 158.2 $ L AKECREEK 149.4 $ 134.0 SINGLETREE,$ EDWARDS, HOMESTEAD, LK 118.2 $ 110.3 $200
158.2
$
423.9
$
$150
369.3
$
$300
118.1
$
$150
MILLIONS
MILLIONS
$100
$0
2015
2016
2017
CORDILLER A 149.4
$90 134.0
118.2
87.5
$
$0
2015
110.3 $ 82.5
2017
158.2
$
149.4
$
EAGLE TO GYPSUM 134.0
$
$200 $
2016
E AGLE, GYPSUM
158.2
$
$
$50
$
$
CORDILLERA
160.6
$
150.9
$
332.2
$
118.2
$
86.6
$
110.3
$
172.1
$
$150
145.8
$
$
2015
2016
144.6
$60
$30
MILLIONS
MILLIONS
$100
$0
2015
2016
2017
$50
$0
2017
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
158.2 $ 2017 149.4A N N UA L SL I FE R R E P O R T $
134.0
$
118.2
$
110.3
$
7
149.4
$
134.0
$
118.2
$
110.3
$
158.2
$
TRANSACTION VOLUME COMPARISONRESIDENTIAL OVER $5MILLION NUMBER OF TRANSACTIONS
40
40 37 34
30 27
20
2013
26
2014
2015
2016
2017
SALES VOLUME COMPARISONRESIDENTIAL OVER $5MILLION 350 $328.4M $301.2M
$295.1M
MILLIONS
250
$208.9M $182.7M
150
2013
2014
2015
2016
2017
MOUNTAINLUXURYCOLLECTION.COM Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 8
$333.8 2017 VAIL VALLEY LUXURY MARKET SHARE | TOP 8 COMPANIES
M
RESIDENTIAL & L AND SALES VOLUME
MLS Data 01.01.2017-12.31.17: Listed at $5M and above
$300
$250
$200
$150
$141.5M
$50
$40.6M $12.6M
$13.5M
$24.7M
$18.3M
$15.7M
EB LI Y’ V S SO TH
B H ER AT K H SH AW IR AY E
SSF
&
A
RO SS N O BY C R IA N TE E S
D UP AV VA OS IL RO G
VO EN L K GE ER L S &
C R E HR A L IS T T Y IA , I NI N A C .
$0 V R E A IL AL LU E S XU TA RY TE
MILLIONS
$100
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 9
VAIL VILLAGE & LIONSHEAD S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$48,350,000
7
347
$6,907,143
$6,200,000
2014
$130,753,000
13
311
$10,057,923
$7,925,000
2015
$93,945,000
10
296
$9,394,500
$9,250,000
2016
$67,591,000
7
299
$9,655,857
$8,066,000
2017
$61,775,000
5
423
$12,355,000
$12,425,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$164,187,532
78
401
$2,104,968
$1,353,000
2014
$237,746,300
86
370
$2,764,492
$1,925,000
2015
$233,298,708
92
448
$2,535,856
$1,730,000
2016
$131,559,717
69
357
$1,906,663
$1,462,750
2017
$206,268,000
73
321
$2,825,589
$2,150,000
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
2013
2014
2015
2016
$1,611
$1,833
$1,853
$1,992
CONDOMINIUM/ TOWNHOME
2017
$2,103 AVERAGE:
2013
2014
2015
2016
2017
$1,232
$1,371
$1,389
$1,339
$1,721
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
89.59%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
92.70%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 10
VAIL GOLF COURSE, SPRADDLE CREEK & CASCADE VILLAGE S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$15,507,500
5
479
$3,101,500
$2,950,000
2014
$15,725,000
4
484
$3,931,250
$3,975,000
2015
$11,350,000
5
358
$2,270,000
$1,700,000
2016
$44,745,000
9
609
$4,971,667
$3,750,000
2017
$48,809,000
14
221
$3,486,357
$3,025,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$16,215,000
14
227
$1,158,214
$1,107,500
2014
$17,756,750
14
320
$1,268,339
$1,243,500
2015
$15,450,000
12
112
$1,287,500
$1,352,500
2016
$19,883,000
15
262
$1,325,533
$1,350,000
2017
$21,572,000
13
182
$1,659,385
$1,900,000
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
CONDOMINIUM/ TOWNHOME
2013
2014
2015
2016
2017
2013
2014
2015
2016
2017
$762
$817
$669
$936
$969 AVERAGE:
$625
$691
$713
$734
$844
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
91.99%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
95.54%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 11
VAIL - ALL OTHER AREAS S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$63,007,303
39
182
$1,615,572
$1,550,000
2014
$85,176,790
51
197
$1,670,133
$1,298,200
2015
$104,371,550
56
173
$1,863,778
$1,391,000
2016
$123,264,745
76
146
$1,621,905
$1,397,000
2017
$91,470,050
46
122
$1,988,479
$1,643,250
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$51,599,402
114
118
$452,626
$395,000
2014
$51,543,600
107
135
$481,716
$435,000
2015
$59,372,515
118
83
$503,157
$459,500
2016
$63,205,591
115
112
$549,614
$514,000
2017
$58,727,950
102
54
$575,764
$531,265
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
CONDOMINIUM/ TOWNHOME
2013
2014
2015
2016
2017
2013
2014
2015
2016
2017
$487
$480
$514
$514
$600 AVERAGE:
$387
$410
$448
$472
$498
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
93.50%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
97.16%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 12
EAGLE-VAIL S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$15,720,000
28
103
$561,429
$550,000
2014
$19,199,700
29
115
$662,059
$600,000
2015
$18,776,000
26
93
$722,154
$650,000
2016
$31,282,764
38
51
$823,231
$785,107
2017
$36,191,124
38
72
$952,398
$760,250
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$11,710,776
36
122
$325,299
$303,750
2014
$11,119,000
28
64
$397,107
$365,500
2015
$20,406,715
50
63
$408,134
$377,500
2016
$25,298,139
58
55
$436,175
$417,000
2017
$17,734,250
37
32
$479,304
$460,000
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
CONDOMINIUM/ TOWNHOME
2013
2014
2015
2016
2017
2013
2014
2015
2016
2017
$243
$274
$279
$341
$341 AVERAGE:
$227
$242
$302
$321
$316
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
97.30%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
97.29%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 13
AVON & WILDRIDGE S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$15,955,500
22
130
$725,250
$635,000
2014
$22,525,400
28
98
$804,479
$705,000
2015
$22,668,250
27
150
$839,565
$770,000
2016
$24,447,996
25
115
$977,920
$840,000
2017
$36,999,250
31
181
$1,193,524
$1,020,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$40,549,253
107
187
$378,968
$307,500
2014
$52,443,898
127
124
$412,944
$325,000
2015
$45,904,398
104
95
$441,388
$348,000
2016
$79,439,479
152
146
$522,628
$392,500
2017
$69,464,603
142
92
$489,187
$387,500
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
CONDOMINIUM/ TOWNHOME
2013
2014
2015
2016
2017
2013
2014
2015
2016
2017
$248
$243
$281
$319
$323 AVERAGE:
$318
$334
$387
$440
$429
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
94.81%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
96.72%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 14
M O U N TA I N S TA R S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
N/A
N/A
N/A
N/A
N/A
2014
$8,700,000
3
521
$2,900,000
$2,500,000
2015
$18,245,000
3
407
$6,081,667
$5,995,000
2016
$3,450,000
1
250
$3,450,000
$3,450,000
2017
$7,380,000
2
100
$3,690,000
$3,690,000
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
2013
2014
2015
2016
2017
N/A
$554
$742
$521
$734
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
95.36%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 15
BE AVER CREEK S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$39,175,000
11
257
$3,561,364
$3,850,000
2014
$41,745,000
11
302
$3,795,000
$3,200,000
2015
$82,590,000
17
460
$4,858,235
$5,120,000
2016
$50,899,250
13
302
$3,915,327
$3,300,000
2017
$65,860,000
14
307
$4,704,286
$4,700,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$76,038,500
61
325
$1,246,533
$930,000
2014
$102,666,049
76
337
$1,350,869
$1,122,500
2015
$76,645,900
60
248
$1,277,432
$965,000
2016
$120,419,360
83
299
$1,450,836
$1,137,500
2017
$120,439,900
73
208
$1,649,862
$1,200,000
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
CONDOMINIUM/ TOWNHOME
2013
2014
2015
2016
2017
2013
2014
2015
2016
2017
$630
$617
$753
$713
$787 AVERAGE:
$660
$697
$684
$732
$867
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
93.15%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
94.67%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 16
B AC H E LO R G U LC H V I L L AG E S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$73,830,000
12
529
$6,152,500
$5,285,000
2014
$48,412,000
7
382
$6,916,000
$7,295,000
2015
$19,657,500
2
622
$9,848,750
$9,848,750
2016
$45,992,875
8
361
$5,749,109
$5,487,500
2017
$102,254,000
12
265
$8,521,167
$8,499,500
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$31,246,800
17
378
$1,838,047
$1,576,800
2014
$58,047,500
24
262
$2,418,646
$2,208,500
2015
$56,693,400
35
189
$1,619,811
$1,399,900
2016
$47,097,600
23
282
$2,047,722
$2,000,000
2017
$43,790,000
22
260
$1,990,455
$1,822,500
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
2013
2014
2015
2016
$848
$901
$974
$818
CONDOMINIUM/ TOWNHOME
2017
$1,027 AVERAGE:
2013
2014
2015
2016
2017
$746
$876
$858
$858
$917
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
96.08%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
93.82%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 17
ARROWHE AD S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$56,762,714
29
253
$1,957,335
$1,780,000
2014
$54,229,933
24
348
$2,582,378
$2,458,333
2015
$99,168,816
35
200
$2,833,395
$2,350,000
2016
$41,794,500
18
116
$2,321,917
$1,816,250
2017
$51,809,375
23
195
$2,252,582
$2,056,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$17,713,300
19
256
$932,279
$600,000
2014
$30,105,500
36
192
$836,264
$710,000
2015
$30,661,075
32
180
$958,159
$859,000
2016
$24,392,700
24
177
$1,016,363
$911,500
2017
$27,047,250
28
140
$965,973
$818,125
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
CONDOMINIUM/ TOWNHOME
2013
2014
2015
2016
2017
2013
2014
2015
2016
2017
$436
$478
$555
$533
$516 AVERAGE:
$483
$489
$569
$573
$579
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
95.29%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
95.39%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 18
EDWARDS, HOMESTEAD & LAKE CREEK S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$42,240,300
41
229
$1,030,251
$715,000
2014
$44,911,521
36
233
$1,247,542
$747,500
2015
$42,874,766
38
151
$1,128,283
$841,500
2016
$48,191,362
35
209
$1,376,896
$1,017,500
2017
$67,328,662
43
207
$1,565,783
$1,080,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$18,422,800
51
182
$361,231
$340,000
2014
$24,720,630
66
69
$374,555
$333,500
2015
$26,296,850
68
49
$386,718
$377,000
2016
$37,628,101
85
66
$442,684
$400,000
2017
$41,471,425
92
37
$450,776
$417,750
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
CONDOMINIUM/ TOWNHOME
2013
2014
2015
2016
2017
2013
2014
2015
2016
2017
$274
$324
$306
$331
$410 AVERAGE:
$253
$272
$287
$317
$348
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
95.21%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
97.65%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 19
SINGLETREE S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$40,802,100
46
141
$887,002
$772,500
2014
$36,758,890
44
161
$835,429
$770,000
2015
$36,512,275
41
107
$890,543
$819,000
2016
$59,311,500
53
123
$1,119,085
$995,000
2017
$43,524,400
42
156
$1,036,295
$957,500
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$2,982,500
6
135
$497,083
$457,250
2014
$1,504,000
3
72
$501,333
$499,000
2015
$2,467,200
5
51
$493,440
$445,000
2016
$4,312,500
7
53
$616,071
$621,000
2017
$5,317,500
9
29
$590,833
$533,000
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
CONDOMINIUM/ TOWNHOME
2013
2014
2015
2016
2017
2013
2014
2015
2016
2017
$274
$271
$322
$319
$341 AVERAGE:
$244
$326
$293
$326
$392
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
95.80%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
96.99%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 20
CORDILLERA S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$69,804,000
45
281
$1,551,200
$1,310,000
2014
$72,059,650
40
261
$1,801,491
$1,617,500
2015
$81,497,900
44
326
$1,852,225
$1,781,250
2016
$78,800,800
44
385
$1,790,927
$1,680,000
2017
$84,639,500
49
311
$1,727,337
$1,700,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
N/A
N/A
N/A
N/A
N/A
2014
N/A
N/A
N/A
N/A
N/A
2015
N/A
N/A
N/A
N/A
N/A
2016
N/A
N/A
N/A
N/A
N/A
2017
N/A
N/A
N/A
N/A
N/A
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
CONDOMINIUM/ TOWNHOME
2013
2014
2015
2016
2017
2013
2014
2015
2016
2017
$307
$326
$343
$333
$337 AVERAGE:
N/A
N/A
N/A
N/A
N/A
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
92.20%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
N/A
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 21
WOLCOT T S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$5,101,500
5
399
$1,020,300
$949,000
2014
$8,175,000
3
251
$2,725,000
$2,525,000
2015
$7,479,000
5
328
$1,495,800
$1,000,000
2016
$11,351,387
9
199
$1,261,265
$1,100,000
2017
$11,988,500
9
113
$1,332,056
$950,000
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
2013
2014
2015
2016
2017
$216
$490
$308
$292
$327
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
85.51%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 22
E AGLE & E AGLE R ANCH S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$54,273,260
108
99
$502,530
$423,500
2014
$44,319,714
83
91
$533,972
$480,000
2015
$68,274,140
112
99
$609,591
$549,750
2016
$67,581,509
101
63
$669,124
$605,000
2017
$64,529,626
100
91
$645,296
$597,500
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$7,392,625
32
61
$231,020
$227,500
2014
$14,862,613
53
98
$280,427
$290,000
2015
$18,200,465
58
64
$313,801
$306,000
2016
$26,083,609
79
59
$330,172
$325,000
2017
$19,378,141
53
46
$365,625
$363,000
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
CONDOMINIUM/ TOWNHOME
2013
2014
2015
2016
2017
2013
2014
2015
2016
2017
$170
$185
$207
$208
$209 AVERAGE:
$160
$194
$213
$228
$238
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
97.36%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
98.58%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 23
GYPSUM S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$18,229,545
71
36
$256,754
$246,000
2014
$27,528,389
83
55
$331,667
$328,000
2015
$38,568,285
93
63
$414,713
$389,000
2016
$33,480,234
81
67
$413,336
$395,000
2017
$67,288,059
143
55
$470,546
$426,852
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2013
$1,256,590
10
25
$125,659
$120,300
2014
$4,206,500
12
48
$350,542
$173,500
2015
$3,714,900
16
40
$232,181
$252,500
2016
$5,372,101
20
66
$268,605
$265,000
2017
$10,050,943
36
43
$279,193
$269,000
CONDOMINIUM/ TOWNHOME
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE:
CONDOMINIUM/ TOWNHOME
2013
2014
2015
2016
2017
$131
$166
$191
$206
$213 AVERAGE:
2013
2014
2015
2016
2017
$96
$136
$167
$200
$205
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
98.73%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
100.8%
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 24
2017 VAIL VALLE Y L AND OVERVIEW TRANSACTION VOLUME COMPARISON 160 153
151
NUMBER OF TRANSACTIONS
127
126 111
100
40
2013
2014
2015
2016
2017
SALES VOLUME COMPARISON $60 57.4M
$
57.1M
$
$40
40.6M
$
34.5M
MILLIONS
$
30.3M
$
$20
2013
2014
2015
2016
2017
Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 25
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Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2018 Slifer Smith & Frampton Real Estate
2017 A N N UA L SL I FE R R E P O R T 26
LOCAL
COMPANY,
GLOBAL
Our international organization produced more home sales volume than any national real estate network. Being part of the global economy goes far beyond technology; it requires the human touch. We are proud to belong to the global network whose name says it all - Leading Real Estate Companies of the World. Only the best of the best are part of this collection. Wherever you go, the Leading Real Estate Companies of the World logo is a symbol of the finest local real estate professionals.
REACH. $62 BILLION MORE U.S. HOME SALES VOLUME IN 2016 THAN OUR CLOSEST COMPETITOR*
$350
SLIFER SMITH & FRAMPTON REAL ESTATE/ Leading Real Estate Companies of the World RE/MAX Coldwell Banker Keller Williams Berkshire Hathaway Home Services Century 21 Sotheby’s International Realty
$368B
$250 $200 $150
$50
$306B $260B $225B
$150B $127B $68B
500 FIRMS
40
COUNTRIES
S SO TH EB Y’
21 RY CE N TU
B H ER AT K H SH AW IR AY E
K IL EL LI LE AM R S W
CO L BA DW N EL KE L R
A /M
SSF
X
$0 RE
BILLIONS
$100
SLIFER SMITH & FRAMPTON REAL ESTATE/ Leading Real Estate Companies of the World
$300
120,000 ASSOCIATES
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Helping People LIVE LOC AL for Over 50 Years 2017 A N N UA L SL I FE R R E P O R T 27
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