T he Slifer R eport VAIL VALLEY REAL ESTATE 2016 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 Introduction............................................................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 Cordillera..............................................................20 Singletree..............................................................21 Wolcott..................................................................22 Eagle & Eagle Ranch.............................................23 Gypsum................................................................. 24
>>> Vail Valley Land Overview.....................................25 Online Tools - Real Time Alerts............................26 Global Reach......................................................... 27
A
nother year has come and gone in the Vail Valley, during which our real estate market continued its steady trajectory of growth. Transactions were up 5% over last year at 1,493, which is the highest we’ve seen since 2007. Closed sales volume was even with last year at $1.4 billion, which is encouraging considering the slow start we experienced in the high-end market. The under $3 million market continues to be the driving force behind the steady growth. The $1 million and under market saw a 4% increase in transactions and a 6% increase in total sales volume while the $1 million to $3 million market saw an even bigger jump with total transactions going up by 15% and sales volume increasing by 10%. Our high-end market experienced a slow start in 2016 but finished the year strong. Through the first 6 months of the year, the market saw 9 closings at the $5 million and above price point. Since June, we had 17 properties close at this price point including 3 properties priced at over $10 million. The high-end market is already off to a quick start in 2017 with 3 sales over $5 million in the first week, including a record sales price in Vail Village at $23 million. The strong finish in 2016 combined with the quick start this year points to a very strong market in 2017. This encouraging market information along with inventory at a record low brings about an opportunity for sellers. For those homeowners that have been considering listing their properties, now may be an ideal time. While the overall real estate market continues to improve, it also remains very complex, differing significantly in pricing, days-on-market, and other important metrics from area-to-area. This is why we continue to provide you with this in-depth analysis of real estate throughout Eagle County. It is our hope that it will prove to be of value as you consider buying or selling over the coming year. The Vail Valley remains an incredible place to call “home,” whether full or part-time, with a year-round quality of life unmatched by any other mountain resort community. Slifer Smith & Frampton has been fortunate to be here since the very beginning. With 18 office locations in key markets throughout Eagle County, we are privileged to represent you, our client, in fulfilling your dream of owning a piece of this spectacular mountain community. For that, we thank you.
Here’s to another great year in the Vail Valley.
With Sincere Thanks,
Jim F laum
Jim Flaum President and Managing Broker Slifer Smith & Frampton Real Estate
*
Data gathered from the Vail Board of Realtors MLS system
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 | 4 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
Solaris at Vail | 141 E Meadow Dr | 970.477.5720
Mountain Star | 39 Paintbrush | 970.390.9203
Lionshead | 531 E Lionshead Cir, Ste. 11 | 970.479.0245
Avon Corporate | 90 Benchmark Rd, Ste. 105 | 970.845.2000
Four Seasons Resort | One Vail Rd | 970.479.2015
CORDILLERA | 2 locations >>>
EAGLE
The Divide | 2203 Cordillera Way | 970.926.3505
Eagle Ranch | 1143 Capitol St | 970.328.2550
The Summit | 325 Settlers Loop | 970.926.6752
2016 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 Highlands Lodge | 15 Highlands Ln | 970.845.9403 Park Hyatt Promenade | 148 Beaver Creek Plaza, adjacent to ice rink | 970.845.9400 Park Hyatt Lobby | 148 Beaver Creek Plaza | 970.845.3836 St James Place | 210 Offerson Rd | 970.845.9900
We live here, we work here, we play here. Find your place at:
The Charter | 120 Offerson Rd | 970.845.3815
W W W.VAILREALESTATE. COM
Vacation Ownership Center | 46 Avondale Ln | 970.949.5811
2016 A N N UA L SL I FE R R E P O R T 5
2 016 VA I L VA L L E Y OV E R V I E W TRANSACTION VOLUME COMPARISON 1500 1,493
NUMBER OF TRANSACTIONS
1,418
1250
1,266
1,264 1,234
1000
2012
2013
2014
2015
2016
SALES VOLUME COMPARISON $1.5
1.43B
$
1.41B
$
1.33B
$
$1.25
1.17B
BILLIONS
$
1.06B
$
$1.0
2012
2013
2014
2015
2016
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
2016 A N N UA L SL I FE R R E P O R T 6
2 016 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
$200 559.3
$
536.1
$
$400
167.9
$
$150
456.6
$
131.2
$
115.8
$
$200
MILLIONS
MILLIONS
$100
$0
2014
2015
$0
2016
BE AVER CREEK MOUNTAIN (BC, BG, AH) $ 149.4 $ 134.0 CREEK MOUNTAIN (BC, BG, AH) BEAVER $ 118.2 $ $400 110.3
$50
2014
2015
2016
SINGLETREE, EDWARDS, HOMESTE AD, $ 158.2 $ L AKECREEK 149.4 $ 134.0 SINGLETREE,$ EDWARDS, HOMESTEAD, LK 118.2 $ 110.3 $200
158.2
$
369.4
$
335.2
$
$300
332.2
$
$150
$100 MILLIONS
MILLIONS
$200
$100
$0
2014
2015
2016
CORDILLER A 149.4
CORDILLERA
$100 134.0
$75
118.2
2014
75.9
82.5
$
134.0
118.2
$
110.3
$
$150 145.8
$
144.6
$
MILLIONS
$100
$25
$0
2014
2015
158.2
$
149.4
$
$
$
2016
$
EAGLE TO GYPSUM $200
110.3 $ 87.6
2015
E AGLE, GYPSUM
$50 MILLIONS
$0
158.2
$
$
$50
$
$
150.9
$
118.1
$
111.7
$
2016
101.1
$
$50
$0
2014
2015
2016
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
158.2 $ 2016 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 37 35
34
30 27
20
2012
26
2013
2014
2015
2016
SALES VOLUME COMPARISONRESIDENTIAL OVER $5MILLION $350
$301.2M
MILLIONS
$250
$295.2M
$271.1M
$208.9M $182.7M
$150
2012
2013
2014
2015
2016
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 8
$202
M
$200 2016 VAIL VALLEY LUXURY MARKET SHARE | TOP 8 COMPANIES RESIDENTIAL & L AND SALES VOLUME
MLS Data 01.01.2016 -12.31.16: Listed at $5M and above
$150
$100
$60M $42M $24M
$27M
$24M
$12M
$9M
RO SS N O BY C R IA N TE E S A
SSF
&
EB LI Y’ V S SO TH
ES EN TA TE TE R
AL
C
VA I
L
RE
VO EN L K GE ER L S &
B H ER AT K H SH AW IR AY E
V A L IL L ES AG TA ES TE RE
A L SO ES L A TA RIS TE
$0
RE
MILLIONS
$50
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
2016 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
2012
$79,340,000
11
437
$7,212,727
$7,500,000
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
$182,315,850
82
391
$2,223,364
$1,785,000
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
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:
2012
2013
2014
2015
$1,537
$1,611
$1,833
$1,853
CONDOMINIUM/ TOWNHOME
2016
$1,992 AVERAGE:
2012
2013
2014
2015
2016
$1,255
$1,232
$1,371
$1,389
$1,339
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
90.79%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
92.43%
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
2016 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
2012
$37,831,500
11
463
$3,439,227
$3,425,000
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
$13,729,250
10
284
$1,372,925
$1,400,000
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
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
2012
2013
2014
2015
2016
2012
2013
2014
2015
2016
$810
$762
$817
$669
$936 AVERAGE:
$642
$625
$691
$713
$734
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
96.84%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
93.98%
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
2016 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
2012
$60,687,018
44
227
$1,379,250
$1,106,250
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
$52,358,350
124
208
$422,245
$394,150
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
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
2012
2013
2014
2015
2016
2012
2013
2014
2015
2016
$423
$487
$480
$514
$514 AVERAGE:
$351
$387
$410
$448
$472
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
93.26%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
96.07%
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
2016 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
2012
$17,386,670
35
115
$496,762
$435,000
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
$9,555,800
37
129
$258,265
$255,000
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
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
2012
2013
2014
2015
2016
2012
2013
2014
2015
2016
$217
$243
$274
$279
$300 AVERAGE:
$188
$227
$242
$302
$321
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
95.71%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
96.95%
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
2016 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
2012
$19,913,000
30
203
$663,767
$630,000
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
$30,815,150
102
166
$302,109
$265,000
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
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
2012
2013
2014
2015
2016
2012
2013
2014
2015
2016
$209
$248
$243
$281
$319 AVERAGE:
$269
$318
$334
$387
$440
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
93.43%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
96.46%
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
2016 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
2012
$16,050,000
4
357
$4,012,500
$3,825,000
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
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:
2012
2013
2014
2015
2016
$499
N/A
$554
$742
$521
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
86.36%
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. ©2017 Slifer Smith & Frampton Real Estate
2016 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
2012
$73,658,500
19
248
$3,876,763
$3,550,000
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
$108,120,279
63
318
$1,716,195
$1,028,000
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
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
2012
2013
2014
2015
2016
2012
2013
2014
2015
2016
$614
$630
$617
$753
$713 AVERAGE:
$705
$660
$697
$684
$732
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
92.06%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
92.98%
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
2016 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
2012
$65,285,000
8
251
$8,160,625
$7,825,000
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
$32,432,500
18
175
$1,801,806
$1,475,000
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
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
2012
2013
2014
2015
2016
2012
2013
2014
2015
2016
$912
$848
$901
$974
$818 AVERAGE:
$765
$746
$876
$858
$858
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
93.82%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
93.90%
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
2016 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
2012
$78,311,406
32
322
$2,447,231
$1,962,500
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
$13,039,500
15
473
$869,300
$620,000
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
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
2012
2013
2014
2015
2016
2012
2013
2014
2015
2016
$466
$436
$478
$555
$533 AVERAGE:
$479
$483
$489
$569
$573
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
93.55%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
94.06%
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
2016 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
2012
$29,419,400
32
160
$919,356
$643,750
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
$14,569,821
52
88
$280,189
$255,750
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
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
2012
2013
2014
2015
2016
2012
2013
2014
2015
2016
$274
$274
$324
$306
$331 AVERAGE:
$212
$253
$272
$287
$317
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
94.12%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
97.24%
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
2016 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
2012
$30,480,703
43
151
$708,854
$648,900
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
$3,356,000
8
328
$419,500
$365,000
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
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
2012
2013
2014
2015
2016
2012
2013
2014
2015
2016
$238
$274
$271
$322
$319 AVERAGE:
$240
$244
$326
$293
$326
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
95.19%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
94.62%
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
2016 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
2012
$36,456,750
24
314
$1,519,031
$1,240,000
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
N/A
N/A
N/A
N/A
N/A
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
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
2012
2013
2014
2015
2016
2012
2013
2014
2015
2016
$281
$307
$326
$343
$333 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
93.29%
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 21
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
2012
$13,942,000
13
225
$1,072,462
$775,000
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
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:
2012
2013
2014
2015
2016
$215
$216
$490
$308
$292
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
92.36%
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. ©2017 Slifer Smith & Frampton Real Estate
2016 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
2012
$55,706,009
125
133
$445,648
$369,500
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
$8,534,175
48
90
$177,795
$172,500
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
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
2012
2013
2014
2015
2016
2012
2013
2014
2015
2016
$156
$170
$185
$207
$208 AVERAGE:
$128
$160
$194
$213
$228
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
96.82%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
97.98%
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
2016 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
2012
$34,412,911
122
99
$282,073
$254,500
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
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2012
$2,986,900
29
48
$102,997
$100,000
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
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
2012
2013
2014
2015
2016
$121
$131
$166
$191
$206 AVERAGE:
2012
2013
2014
2015
2016
$76
$96
$136
$167
$200
SALE PRICE VS LIST PRICE SINGLE- FAMILY/DUPLE X AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM/ TOWNHOME
98.69%
AVERAGE OF SALE PRICE/LAST LISTED PRICE:
101.6%
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
2016 A N N UA L SL I FE R R E P O R T 24
2015 VAIL VALLE Y L AND OVERVIEW TRANSACTION VOLUME COMPARISON 160 151
NUMBER OF TRANSACTIONS
127
126 111
100
83
40
2012
2013
2014
2015
2016
SALES VOLUME COMPARISON $60 57.1M
$
$40
40.6M
$
34.5M
MILLIONS
$
30.3M
$
25.4M
$
$20
2012
2013
2014
2015
2016
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
2016 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. Š2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 26
LOCAL
COMPANY,
GLOBAL
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REACH. $400
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$350 $351B
500 FIRMS
40
COUNTRIES
S SO TH EB Y’
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21 RY
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X
SSF
/M
$0
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CE N TU
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$113B
RE
BILLIONS
$100
$208B
K IL EL LI LE AM R S
$150
$262B
W
$200
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CO L BA DW N EL KE L R
$250
SLIFER SMITH & FRAMPTON REAL ESTATE/ Leading Real Estate Companies of the World
$300
120,000
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