Vail Valley Slifer Report - 2017 3rd Quarter Review

Page 1

T he Slifer R eport VAIL VALLEY REAL ESTATE 2017 3RD QUARTER REVIEW

VAILRE ALESTATE .COM


TA B L E O F C O N T E N T S Company Performance...........................................3 Vail Valley at a Glance......................................... 4-5 Eagle County 3rd Quarter Comparisons................6

E A S T >>> W E S T Vail Village & Lionshead..........................................7 Vail Golf Course, Spraddle Creek & Cascade Village...................................................8 Vail - All Other Areas..............................................9 EagleVail................................................................ 10 Avon & Wildridge................................................. 11 Mountain Star....................................................... 12 Beaver Creek Village............................................. 13 Bachelor Gulch Village.......................................... 14 Arrowhead Village................................................ 15 Edwards, Homestead & Lake Creek Valley..............................................16 Singletree.............................................................. 17 Cordillera, Cordillera Valley Club & Timber Springs..................................................18 Wolcott, Bellyache Ridge & Red Sky Ranch...................................................19 Eagle & Eagle Ranch.............................................20 Gypsum, Cotton Ranch & Gypsum Valley Brightwater Club..........................21 Vail Valley Land Overview.....................................22 Online Tools - Real Time Alerts............................23 Global Reach......................................................... 24


LOCAL BRAND, LOCAL LEADERS. $1.03

BILLION

SLIFER SMITH & FRAMPTON MARKET SHARE * $800M

$600M

$325.7M

$311.3M

$200M

$28.5M

$28.5M

$31.9M

$36.2M

$61.1M

$93.1M

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

CO L BA DW N EL KE L R

RI ST RE IAN A IA LT Y

CH

SSF

&

R A ON SS O BY CI R AT NE ES

$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 9.30.2017 Source of all data is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed.

VAILRE ALESTATE .COM

2017 QUA R T E R 3 SL I FE R R E P O R T 3

MILLIONS - BILLIONS

$400M


VAIL VALLEY AT A GLANCE GOLF COMMUNITY

Wolcott & Bellyache Ridge

SKI RESORT

SSF OFFICES

70

Gypsum

Red Sky Ranch

Edwards

Eagle

EAGLE COUNTY AIRPORT

Cordillera Valley Club

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 QUA R T E R 3 SL I FE R R E P O R T 4


Singletree

North

Mountain Star

West Vail

Avon & Wildridge

Lionshead

Vail Village 70

s Bachelor EagleVail Gulch

d

k

Beaver Creek

Minturn

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 QUA R T E R 3 SL I FE R R E P O R T 5


E AG L E C O U N T Y | 5 -Y E A R C O M PA R I S O N TRANSACTION VOLUME COMPARISON | JANUARY-SEPTEMBER 1,200

1130

NUMBER OF TRANSACTIONS

1,100

1071 1041 1,000

900

910

914

800

2013

2014

2015

2016

2017

SALES VOLUME COMPARISON | JANUARY-SEPTEMBER $1.2B

$1.17B $1.1B $1.0B

$1.01B

MILLIONS - BILLIONS

$942.4M

$800M

$733.6M $600M

2013

2014

2015

2016

2017

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 6


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

2015

$89,065,000

9

328

$9,899,444

$9,400,000

2016

$27,216,000

4

155

$6,804,000

$6,875,000

2017

$48,925,000

3

456

$16,308,333

$13,500,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$144,293,208

63

374

$2,290,368

$1,760,000

2016

$108,667,217

47

454

$2,312,068

$2,100,000

2017

$142,929,000

51

351

$2,802,529

$2,300,000

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

2015

2016

2017

$1,802

$1,963

$2,129

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$1,498

$1,554

$1,700

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

CONDOMINIUM/ TOWNHOME

89.20%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

91.95%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 7


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

2015

$11,350,000

5

358

$2,270,000

$1,700,000

2016

$38,270,000

8

646

$4,783,750

$3,622,500

2017

$45,809,000

13

214

$3,523,769

$3,050,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$12,435,000

10

68

$1,243,500

$1,352,500

2016

$18,023,000

14

278

$1,287,357

$1,300,000

2017

$18,632,000

11

171

$1,693,818

$1,930,000

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

2015

2016

2017

$699

$1,001

$958

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$654

$734

$883

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

CONDOMINIUM/ TOWNHOME

91.78%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

95.41%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 8


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

2015

$77,793,800

42

171

$1,852,233

$1,391,000

2016

$82,276,125

53

152

$1,552,380

$1,335,000

2017

$82,195,050

39

129

$2,107,565

$1,762,500

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$40,378,090

78

69

$517,668

$464,500

2016

$46,667,091

85

106

$549,025

$505,000

2017

$51,175,155

83

56

$616,568

$535,000

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

2015

2016

2017

$540

$515

$586

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$454

$469

$508

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

CONDOMINIUM/ TOWNHOME

88.91%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

97.16%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 9


EAGLEVAIL 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

2015

$14,401,000

20

104

$720,050

$662,500

2016

$16,405,364

20

53

$820,268

$759,500

2017

$21,470,500

25

74

$858,820

$740,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$13,816,215

34

55

$406,359

$367,500

2016

$19,224,035

44

60

$436,910

$417,000

2017

$11,857,250

26

28

$456,048

$447,500

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

2015

2016

2017

$271

$295

$332

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$297

$308

$311

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

CONDOMINIUM/ TOWNHOME

96.25%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

97.29%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 10


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

2015

$18,057,250

21

167

$859,869

$775,000

2016

$17,970,496

18

118

$998,361

$820,000

2017

$21,965,750

17

164

$1,292,103

$1,025,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$30,338,998

71

85

$427,310

$338,000

2016

$58,703,631

109

133

$538,565

$419,000

2017

$54,353,453

113

96

$481,004

$360,000

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

2015

2016

2017

$276

$346

$332

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$352

$429

$434

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

CONDOMINIUM/ TOWNHOME

95.04%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

96.61%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 11


MOUNTAIN STAR 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

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

$0

0

N/A

N/A

N/A

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

2015

2016

2017

$714

$520

N/A

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

N/A

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 12


BEAVER CREEK 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

2015

$72,615,000

14

514

$5,186,786

$5,257,500

2016

$28,195,000

8

386

$3,524,375

$2,775,000

2017

$47,380,000

10

267

$4,738,000

$4,922,500

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$58,310,900

47

251

$1,240,657

$950,000

2016

$81,116,860

53

299

$1,530,507

$1,200,000

2017

$86,533,400

52

224

$1,664,104

$1,197,500

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

2015

2016

2017

$749

$692

$816

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$679

$797

$864

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

CONDOMINIUM/ TOWNHOME

95.24%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

94.97%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 13


BACHELOR GULCH 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

2015

$19,697,500

2

622

$9,848,750

$9,848,750

2016

$41,542,875

7

392

$5,934,696

$6,175,000

2017

$68,420,000

8

319

$8,552,500

$8,047,500

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$32,928,600

24

151

$1,372,025

$1,189,950

2016

$31,187,600

16

263

$1,949,225

$1,967,500

2017

$30,027,500

15

300

$2,001,833

$1,875,000

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

2015

2016

2017

$974

$790

$1,047

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$839

$828

$905

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

CONDOMINIUM/ TOWNHOME

95.49%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

93.71%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 14


ARROWHEAD 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

2015

$83,353,816

30

187

$2,778,461

$2,450,000

2016

$40,144,500

17

123

$2,361,441

$1,825,000

2017

$37,839,375

18

118

$2,102,188

$2,028,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$23,216,575

24

180

$967,357

$859,000

2016

$17,081,700

16

164

$1,067,606

$1,082,100

2017

$17,691,250

18

97

$982,847

$945,000

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

2015

2016

2017

$567

$529

$512

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$580

$580

$565

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

CONDOMINIUM/ TOWNHOME

95.74%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

95.01%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 15


EDWARDS, HOMESTEAD & LAKE CREEK VALLEY 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

2015

$32,416,866

22

181

$1,473,494

$832,000

2016

$30,385,262

20

174

$1,519,263

$1,139,500

2017

$42,092,500

28

214

$1,503,304

$1,100,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$20,250,300

51

46

$397,065

$391,500

2016

$25,899,101

59

67

$438,968

$397,000

2017

$29,057,625

65

31

$447,040

$412,000

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

2015

2016

2017

$370

$363

$424

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$278

$302

$343

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

CONDOMINIUM/ TOWNHOME

96.03%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

97.82%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 16


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

2015

$32,442,275

37

101

$876,818

$819,000

2016

$43,948,000

39

143

$1,126,872

$1,050,000

2017

$29,948,000

28

148

$1,069,571

$1,012,500

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$1,471,500

3

46

$490,500

$445,000

2016

$3,701,500

6

49

$616,917

$620,000

2017

$4,727,500

8

31

$590,938

$516,000

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

2015

2016

2017

$318

$321

$350

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$320

$319

$390

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

CONDOMINIUM/ TOWNHOME

95.88%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

96.74%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 17


CORDILLERA, CORDILLERA VALLEY CLUB & TIMBER SPRINGS 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

2015

$54,037,900

30

300

$1,801,263

$1,675,000

2016

$47,688,800

26

398

$1,834,185

$1,702,500

2017

$59,704,500

35

358

$1,705,843

$1,700,000

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

2015

2016

2017

$312

$344

$333

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

91.73%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 18


WOLCOTT, BELLYACHE RIDGE & RED SK Y RANCH 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

2015

$6,920,000

4

348

$1,730,000

$1,482,500

2016

$8,616,387

6

203

$1,436,065

$1,407,694

2017

$8,898,500

6

155

$1,483,083

$1,372,500

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

2015

2016

2017

$311

$320

$337

SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

83.55%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 19


EAGLE & EAGLE RANCH 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

2015

$52,662,540

87

97

$605,317

$553,500

2016

$55,542,409

81

64

$685,709

$611,000

2017

$49,444,296

75

84

$659,257

$583,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$12,900,070

42

53

$307,145

$302,000

2016

$21,598,209

65

60

$332,280

$335,000

2017

$14,317,309

39

47

$367,110

$353,000

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

2015

2016

2017

$197

$204

$212

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$209

$219

$235

S A L E P R I C E V S L I S T P R I C E C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

CONDOMINIUM/ TOWNHOME

97.29%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

98.70%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 20


GYPSUM, COTTON RANCH & GYPSUM VALLEY BRIGHTWATER CLUB 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

2015

$34,981,785

85

57

$411,550

$388,000

2016

$27,641,209

67

64

$412,555

$407,000

2017

$50,100,122

112

58

$447,323

$422,500

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$2,287,000

10

49

$228,700

$252,500

2016

$3,169,327

13

56

$243,794

$239,000

2017

$6,396,858

26

40

$246,033

$244,000

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

2015

2016

2017

$181

$198

$222

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$164

$187

$192

S A L E P R I C E V S L I S T P R I C E C O M PA R I S O N SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:

CONDOMINIUM/ TOWNHOME

99.22%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

99.48%

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 21


2 017 Q UA R T E R 3 | VA I L VA L L E Y L A N D OV E R V I E W

TRANSACTION VOLUME COMPARISON 120

120

NUMBER OF TRANSACTIONS

110

107 100

100 95

90

88 80

2013

2014

2015

2016

2017

SALES VOLUME COMPARISON $50

$47.2M $40

$41.5M $34.7M

$30

MILLIONS

$20

$23.7M

$21.8M

$10

$0

2013

2014

2015

2016

2017

Data represents January 1–September 30 for all years. 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. ©2017 Slifer Smith & Frampton Real Estate

2017 QUA R T E R 3 SL I FE R R E P O R T 22


lo

REAL TIME ALERTS Price Changes | New Listings | Sold Properties

Find out the

moment it happens.

Get alerts straight to your inbox when matching properties hit the market. Be the first to know within 15-20 minutes, the fastest of ANY website.

Get Real Time Alerts from ALL listings in the Vail Valley on:

VAILREALESTATE.COM

Signing up for a My Place account also includes these tools: Search all Sold Properties in the Valley

Find out what homes are selling for in your neighborhood Compare price per square foot View For-Sale listings in your area

2017 QUA R T E R 3 SL I FE R R E P O R T 23

{

{

Sign up for My Market Shapshot:


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

$368B

Actual member statistics for LeadingRE and estimates for other networks using average sales units per agent and average sales price for firms in each respective network from published sources for 2016 production.

$300

$200 $150

$50

$260B $225B

$150B $127B $68B

500 FIRMS

40

COUNTRIES

S SO TH EB Y’

21 RY

120,000 ASSOCIATES

We live here, we work here, we play here. Find your place at:

VAILREALESTATE.COM 18 OFFICES | OVER 100 BROKERS

Helping People LIVE LOC AL for Over 50 Years 2017 QUA R T E R 3 SL I FE R R E P O R T 24

CE N TU

B H ER AT K H SH AW IR AY E

K IL EL LI LE AM R S W

/M

A

X

SSF

CO L BA DW N EL KE L R

$0 RE

BILLIONS

$100

SLIFER SMITH & FRAMPTON REAL ESTATE/ Leading Real Estate Companies of the World

$250

Sources: REAL Trends National Network 2016 Totals Final Report.

$306B


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.