T HE SLIFER R EPORT VAIL VALLEY REAL ESTATE 2016 3RD QUARTER 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 Vail Valley at a Glance..........................................4-5 Eagle County Third Quarter Comparisons.............6 Eagle County Q1-Q3 Overview..............................7
E A S T >>> W E S T Vail Village & Lionshead..........................................8 Vail Golf Course, Spraddle Creek & Cascade Village...................................................9 Vail - All Other Areas............................................ 10 EagleVail................................................................ 11 Avon & Wildridge................................................. 12 Mountain Star....................................................... 13 Beaver Creek Village............................................. 14 Bachelor Gulch Village.......................................... 15 Arrowhead Village................................................ 16 Edwards, Homestead & Lake Creek Valley..............................................17 Singletree.............................................................. 18 Cordillera, Cordillera Valley Club & Timber Springs..................................................19 Wolcott, Bellyache Ridge & Red Sky Ranch...................................................20 Eagle & Eagle Ranch.............................................21 Gypsum, Cotton Ranch & Gypsum Valley Brightwater Club..........................22 Vail Valley Land Overview.....................................23 Online Tools - Real Time Alerts............................ 24 Global Reach.........................................................25 SSF Information & Office Listings......................... 26
LOCAL BRAND, LOCAL LEADERS. $932.7 MILLION
$900 $800
CLOSED SALES VOLUME - YTD 3 RD QUARTER COMPARISON
$700 $600 $500 $387
$400 $300
$277.7
$8.5
$21.8
$22.4
$26.5
$62.1
$49.5
$100
$77.1
B H ER AT K H SH AW IR AY E
SSF
&
R A ON SS O BY CI R AT NE ES LI V SO TH EB Y’ S
K I L EL LI LE A R M S W
E VO NG L K EL ER & S
& GA D TE EV W EL AY O L PM A N EN D T
CO L BA DW N EL KE L R
N D E M SS U S
A
D
A
BR
C
CO 80+ M OT PA H N ER IE S
$0
Slifer Smith & Frampton Real Estate has a 54-year local perspective and over 100 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 1.1.16 through 9.30.2016 Source of all data is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed.
VA I L R E A L E S TAT E . C O M
2016 T H I R D QUA R T E R SL I FE R R E P O R T 3
MILLIONS
$200
$167.6
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
Arrowhead Lake Creek
Frost 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 >>> The Divide | 2203 Cordillera Way | 970.926.3505 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
North Singletree
Mountain Star
West Vail
Avon & Wildridge
Lionshead Vail Village
s
70
Bachelor Eagle-Vail Gulch
d
k
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
EAGLE Eagle Ranch | 1143 Capitol St | 970.328.2550
2016 A N N UA L SL I FE R R E P O R T 5
E AG L E C O U N T Y T H I R D Q UA R T E R C O M PA R I S O N
TRANSACTION VOLUME COMPARISON 500
452 400
361
369
365
Q3 2012
Q3 2013
Q3 2014
441
300
200
100
0
Q3 2015
Q3 2016
SALES VOLUME COMPARISON $500
$414.8
$400
$300
$288.9
$297.9
$306.8
Q3 2012
Q3 2013
Q3 2014
$439.1
MILLIONS
$200
$100
$0
Q3 2015
Q3 2016
Data represents July 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 6
E AG L E C O U N T Y Q1- Q 3 OV E R V I E W TRANSACTION VOLUME COMPARISON 1,200
1,000
800
880
910
914
2013
2014
1,041
1,071
2015
2016
600
400
200
0
2012
SALES VOLUME COMPARISON $1,200
$1.075 B
$1,000
$1.012 B
$942.4 $800
$818.9 $733.6
$600
MILLIONS
$400
$200
$0
2012
2013
2014
2015
2016
Data represents Jan 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 7
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
2014
$86,328,000
9
397
$9,592,000
$6,800,000
2015
$89,065,000
9
328
$9,899,444
$9,400,000
2016
$27,216,000
4
155
$6,804,000
$6,875,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2014
$165,433,550
50
409
$2,803,958
$1,850,000
2015
$144,293,208
63
374
$2,290,368
$1,760,000
2016
$108,667,217
47
454
$2,312,068
$2,100,000
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/DUPLEX AVERAGE
2014
2015
2016
$1,715
$1,802
$1,963
CONDOMINIUM / TOWNHOME AVERAGE
2014
2015
2016
$1,367
$1,498
$1,554
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM / TOWNHOME AVERAGE OF SALE PRICE/LAST LISTED PRICE:
91.00%
94.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 8
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
2014
$10,725,000
3
438
$3,575,000
$3,550,000
2015
$11,350,000
5
358
$2,270,000
$1,700,000
2016
$38,270,000
8
646
$4,783,750
$3,622,500
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2014
$13,606,750
11
343
$1,236,977
$1,162,000
2015
$12,435,000
10
68
$1,243,500
$1,352,500
2016
$18,023,000
14
278
$1,287,357
$1,300,000
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/DUPLEX AVERAGE
2014
2015
2016
$852
$699
$1,001
CONDOMINIUM / TOWNHOME AVERAGE
2014
2015
2016
$625
$654
$734
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM / TOWNHOME AVERAGE OF SALE PRICE/LAST LISTED PRICE:
94.00%
96.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 9
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
2014
$55,206,790
36
147
$1,533,522
$1,294,100
2015
$77,793,800
42
171
$1,852,233
$1,391,000
2016
$82,276,125
53
152
$1,552,380
$1,335,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2014
$33,933,600
67
141
$506,472
$450,000
2015
$40,378,090
78
69
$517,668
$464,500
2016
$46,667,091
85
106
$549,025
$505,000
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/DUPLEX AVERAGE
2014
2015
2016
$475
$540
$515
CONDOMINIUM / TOWNHOME AVERAGE
2014
2015
2016
$408
$454
$469
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM / TOWNHOME AVERAGE OF SALE PRICE/LAST LISTED PRICE:
94.00%
97.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 10
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
2014
$11,866,000
17
142
$698,000
$600,000
2015
$14,401,000
20
104
$720,050
$662,500
2016
$16,405,364
20
53
$820,268
$759,500
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2014
$7,873,500
20
63
$393,675
$359,750
2015
$13,816,215
34
55
$406,359
$367,500
2016
$19,224,035
44
60
$436,910
$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/DUPLEX AVERAGE
2014
2015
2016
$277
$271
$295
CONDOMINIUM / TOWNHOME AVERAGE
2014
2015
2016
$243
$297
$308
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM / TOWNHOME AVERAGE OF SALE PRICE/LAST LISTED PRICE:
95.00%
97.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 11
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
2014
$16,286,400
20
112
$814,320
$705,000
2015
$18,057,250
21
167
$859,869
$775,000
2016
$17,970,496
18
118
$998,361
$820,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2014
$37,934,748
92
124
$412,334
$324,500
2015
$30,338,998
71
85
$427,310
$338,000
2016
$58,703,631
109
133
$538,565
$419,000
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/DUPLEX AVERAGE
2014
2015
2016
$238
$276
$346
CONDOMINIUM / TOWNHOME AVERAGE
2014
2015
2016
$329
$352
$429
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM / TOWNHOME AVERAGE OF SALE PRICE/LAST LISTED PRICE:
97.00%
97.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 12
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
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/DUPLEX AVERAGE
2014
2015
2016
$554
$714
$520
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE: 86.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 13
BEAVER 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
2014
$32,695,000
9
363
$3,632,778
$3,200,000
2015
$72,615,000
14
514
$5,186,786
$5,257,500
2016
$28,195,000
8
386
$3,524,375
$2,775,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2014
$74,236,049
56
334
$1,325,644
$1,117,500
2015
$58,310,900
47
251
$1,240,657
$950,000
2016
$81,116,860
53
299
$1,530,507
$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/DUPLEX AVERAGE
2014
2015
2016
$583
$749
$692
CONDOMINIUM / TOWNHOME AVERAGE
2014
2015
2016
$694
$679
$797
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM / TOWNHOME AVERAGE OF SALE PRICE/LAST LISTED PRICE:
93.00%
95.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 14
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
2014
$39,312,000
5
417
$7,862,400
$7,767,000
2015
$19,697,500
2
622
$9,848,750
$9,848,750
2016
$41,542,875
7
392
$5,934,696
$6,175,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2014
$43,740,000
17
270
$2,572,941
$2,475,000
2015
$32,928,600
24
151
$1,372,025
$1,189,950
2016
$31,187,600
16
263
$1,949,225
$1,967,500
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/DUPLEX AVERAGE
2014
2015
2016
$926
$974
$790
CONDOMINIUM / TOWNHOME AVERAGE
2014
2015
2016
$866
$839
$828
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM / TOWNHOME AVERAGE OF SALE PRICE/LAST LISTED PRICE:
94.00%
95.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 15
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
2014
$44,614,933
18
372
$2,478,607
$1,945,800
2015
$83,353,816
30
187
$2,778,461
$2,450,000
2016
$40,144,500
17
123
$2,361,441
$1,825,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2014
$18,393,000
24
191
$766,375
$632,500
2015
$23,216,575
24
180
$967,357
$859,000
2016
$17,081,700
16
164
$1,067,606
$1,082,100
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/DUPLEX AVERAGE
2014
2015
2016
$479
$567
$529
CONDOMINIUM / TOWNHOME AVERAGE
2014
2015
2016
$481
$580
$580
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM / TOWNHOME AVERAGE OF SALE PRICE/LAST LISTED PRICE:
94.00%
94.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 16
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
2014
$28,630,521
22
217
$1,301,387
$772,000
2015
$32,416,866
22
181
$1,473,494
$832,000
2016
$30,385,262
20
174
$1,519,263
$1,139,500
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2014
$17,723,825
45
63
$393,863
$335,000
2015
$20,250,300
51
46
$397,065
$391,500
2016
$25,899,101
59
67
$438,968
$397,000
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/DUPLEX AVERAGE
2014
2015
2016
$337
$370
$363
CONDOMINIUM / TOWNHOME AVERAGE
2014
2015
2016
$278
$278
$302
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM / TOWNHOME AVERAGE OF SALE PRICE/LAST LISTED PRICE:
94.00%
97.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 17
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
2014
$20,903,500
25
150
$836,140
$750,000
2015
$32,442,275
37
101
$876,818
$819,000
2016
$43,948,000
39
143
$1,126,872
$1,050,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2014
$1,504,000
3
72
$501,333
$499,000
2015
$1,471,500
3
46
$490,500
$445,000
2016
$3,701,500
6
49
$616,917
$620,000
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/DUPLEX AVERAGE
2014
2015
2016
$278
$318
$321
CONDOMINIUM / TOWNHOME AVERAGE
2014
2015
2016
$326
$320
$319
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM / TOWNHOME AVERAGE OF SALE PRICE/LAST LISTED PRICE:
96.00%
94.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 18
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
2014
$44,965,500
27
280
$1,665,389
$1,410,000
2015
$54,037,900
30
300
$1,801,263
$1,675,000
2016
$47,688,800
26
398
$1,834,185
$1,702,500
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/DUPLEX AVERAGE
2014
2015
2016
$316
$312
$344
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
95.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 19
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
2014
$4,075,000
2
286
$2,037,500
$2,037,500
2015
$6,920,000
4
348
$1,730,000
$1,482,500
2016
$8,616,387
6
203
$1,436,065
$1,407,694
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/DUPLEX AVERAGE
2014
2015
2016
$478
$311
$320
SALE PRICE VS LIST PRICE SINGLE-FAMILY/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
95.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 20
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
2014
$30,903,214
59
87
$523,783
$470,000
2015
$52,662,540
87
97
$605,317
$553,500
2016
$55,542,409
81
64
$685,709
$611,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2014
$12,673,713
46
87
$275,516
$287,500
2015
$12,900,070
42
53
$307,145
$302,000
2016
$21,598,209
65
60
$332,280
$335,000
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/DUPLEX AVERAGE
2014
2015
2016
$190
$197
$204
CONDOMINIUM / TOWNHOME AVERAGE
2014
2015
2016
$193
$209
$219
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/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM / TOWNHOME AVERAGE OF SALE PRICE/LAST LISTED PRICE:
97.00%
97.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 21
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
2014
$24,774,350
75
53
$330,325
$328,000
2015
$34,981,785
85
57
$411,550
$388,000
2016
$27,641,209
67
64
$412,555
$407,000
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
MEDIAN SALE
2014
$3,080,000
7
56
$440,000
$228,700
2015
$2,287,000
10
49
$228,700
$252,500
2016
$3,169,327
13
56
$243,794
$239,000
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/DUPLEX AVERAGE
2014
2015
2016
$161
$181
$198
CONDOMINIUM / TOWNHOME AVERAGE
2014
2015
2016
$118
$164
$187
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/DUPLEX AVERAGE OF SALE PRICE/LAST LISTED PRICE:
CONDOMINIUM / TOWNHOME AVERAGE OF SALE PRICE/LAST LISTED PRICE:
98.00%
99.00%
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 22
2 016 Q1- Q 3 | VA I L VA L L E Y L A N D OV E R V I E W
TRANSACTION VOLUME COMPARISON 120
100
107
100
80 NUMBER OF TRANSACTIONS
95
88
60
52 40
20
0
2012
2013
2014
2015
2016
SALES VOLUME COMPARISON $50
$41.59
$40
$34.67 $30
$23.68
MILLIONS
$20
$10
$0
$21.90
$11.52
2012
2013
2014
2015
2016
Data represents January 1–September 30, 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. ©2016 Slifer Smith & Frampton Real Estate
2016 T H I R D QUA R T E R SL I FE R R E P O R T 23
lo
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2016 T H I R D QUA R T E R SL I FE R R E P O R T 24
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Helping People LIVE LOCAL for Over 50 Years 2016 T H I R D QUA R T E R SL I FE R R E P O R T 25
SLIFER SMITH & FRAMPTON REAL ESTATE OFFICES FOR FUR THER RE AL ES TATE MARKET INFORMATION PLE A SE VISIT US AT THE FOLLOWING LOC ATIONS THROUGHOUT THE VAIL VALLE Y:
VA I L
V I L L AG E S O F B E AV E R C R E E K
Bridge Street 970.476.2421 | 800.544.2421
Arrowhead 970.926.3000 | 800.535.8882
Solaris 970.477.5720 | 888.412.6620
Bachelor Gulch Village 970.845.2300 | 888.677.8380
Lionshead 970.479.0245 | 866.639.8245
Highlands Lodge 970.845.9403
Four Seasons 970.479.0245 | 866.639.8245
Park Hyatt Promenade and Lobby
AV O N
970.845.9400 | 800.944.9050
Benchmark Office
St. James Place
970.845.2000 | 888.692.7360
970.845.9900 | 888.773.8858
Mountain Star
The Charter
970.748.5545
970.845.3815
The Westin Riverfront
Vacation Ownership Center
970.748.5420 | 888.748.5420
970.949.5811 | 800.962.5920
CORDILLER A
E AG L E
The Divide
Eagle Ranch
970.926.3505 | 800.624.0632
970.328.2550 | 877.328.2550
VA I L R E A L E S TAT E . C O M