The Slifer Report Q1 2017

Page 1

T he Slifer R eport

Photo by Jack Affleck Photography

VAIL VALLEY REAL ESTATE 2017 1ST 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 First 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 SSF Information & Office Listings.........................25


LOCAL BRAND, LOCAL LEADERS. $345.96 MILLION

VAIL VALLEY MARKET SHARE | TOP 8 COMPANIES

50%

$300.0

$250.0

$200.0

$150.0 $115.96 $100.0

$50.0 $18.46

$19.34

EB L I Y’ V S SO TH

B H ER AT K H SH AW IR AY E

E VO NG L K EL ER & S

K I L EL LI LE A R M S W

N

D ES RE S A CA L D ES M TA US TE

SSF

BR

A

R A ON SS O BY CI R AT NE ES

$0.0

&

ST RE IAN A IA LT Y

RI CH

$10.53

$9.46

$7.44

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 1.1.17 through 3.31.2017 Source of all data is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed.

VAILRE ALESTATE .COM

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

MILLIONS

$67.72


VAIL VALLEY AT A GLANCE GOLF COMMUNITY

Wolcott & Bellyache Ridge

SKI RESORT

SSF OFFICES

70

Gypsum

EAGLE COUNTY AIRPORT

Red Sky Ranch

Cordillera Valley Club Edwards

Eagle 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 | 30 Benchmark Rd, Ste. 107 | 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

2017 FI R S T QUA R T E R SL I FE R R E P O R T 4


North Singletree

Mountain Star

Avon & Wildridge

West Vail Lionshead Vail Village

s

70

Bachelor Eagle-Vail Gulch

d

k

Beaver Creek

Minturn

East Vail

REAL ESTATE OFFICES VILLAGES OF BEAVER CREEK | 8 locations >>> Arrowhead | 160 Cresta Rd | 970.926.3000

We live here, we work here, we play here.

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

Find your place at:

The Charter | 120 Offerson Rd | 970.845.3815

W W W.VAILREALESTATE. COM

Vacation Ownership Office | 46 Avondale Ln | 970.949.5811

EAGLE Eagle Ranch | 1143 Capitol St | 970.328.2550

2017 FI R S T QUA R T E R SL I FE R R E P O R T 5


E AG L E C O U N T Y F I R S T Q UA R T E R C O M PA R I S O N TRANSACTION VOLUME COMPARISON 300

285 250

200

250 222

226

219

Q1 2013

Q1 2014

Q1 2015

150

100

50

0

Q1 2016

Q1 2017

SALES VOLUME COMPARISON $350.0

$343.4 $300.0 $250.0

$243.9

$267 $221.5

$200.0

$192.4 $150.0

MILLIONS

$100.0 $50.0 $0.0

Q1 2013

Q1 2014

Q1 2015

Q1 2016

Q1 2017

Data represents January 1–March 31 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 FI R S T QUA R T E R 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

$9,400,000

1

350

$9,400,000

$9,400,000

2016

$0

0

0

$0

$0

2017

$35,425,000

2

538

$17,712,500

$17,712,500

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$58,862,140

27

250

$2,180,079

$1,700,000

2016

$33,027,500

15

503

$2,201,833

$2,150,000

2017

$39,502,500

15

473

$2,633,500

$2,200,000

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

2015

2016

2017

$1,510

N/A

$2,177

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$1,344

$1,505

$1,568

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

CONDOMINIUM/ TOWNHOME

90.03%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

92.32%

Data represents January 1–March 31 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 FI R S T QUA R T E R 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

$2,900,000

1

1667

$2,900,000

$2,900,000

2016

$7,495,000

2

528

$3,747,500

$3,747,500

2017

$11,957,500

4

198

$2,989,250

$2,603,500

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$3,837,500

3

38

$1,279,167

$1,612,500

2016

$14,005,000

9

316

$1,556,111

$1,550,000

2017

$4,617,000

3

112

$1,539,000

$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

2015

2016

2017

$743

$929

$1,030

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$771

$765

$804

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

CONDOMINIUM/ TOWNHOME

90.14%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

92.90%

Data represents January 1–March 31 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 FI R S T QUA R T E R 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

$24,882,500

14

232

$1,777,321

$1,787,500

2016

$12,109,500

9

218

$1,345,500

$1,150,000

2017

$32,514,550

15

198

$2,167,837

$1,945,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$6,303,500

11

119

$573,045

$575,000

2016

$12,167,280

22

157

$553,058

$450,000

2017

$12,859,000

21

86

$612,333

$475,000

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

$456

$464

$600

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$455

$448

$521

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

CONDOMINIUM/ TOWNHOME

92.48%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

97.72%

Data represents January 1–March 31 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 FI R S T QUA R T E R SL I FE R R E P O R T 9


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

2015

$500,000

1

117

$500,000

$500,000

2016

$1,250,000

2

65

$625,000

$625,000

2017

$4,753,500

5

106

$950,700

$750,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$1,495,500

5

109

$299,100

$336,500

2016

$5,355,000

11

47

$486,818

$469,000

2017

$2,623,000

5

42

$524,600

$487,500

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

$286

$269

$331

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$297

$316

$302

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:

95.54%

Data represents January 1–March 31 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 FI R S T QUA R T E R 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

$2,567,250

5

252

$713,450

$619,000

2016

$1,050,000

1

350

$1,050,000

$1,050,000

2017

$7,820,750

5

128

$1,564,150

$875,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$5,563,000

13

64

$427,923

$378,500

2016

$23,219,481

37

107

$627,554

$600,000

2017

$12,294,625

25

164

$491,785

$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

2015

2016

2017

$259

$371

$336

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$376

$466

$445

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

CONDOMINIUM/ TOWNHOME

94.80%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

96.80%

Data represents January 1–March 31 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

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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

$0

0

0

$0

$0

2016

$3,450,000

1

250

$3,450,000

$3,450,000

2017

$0

0

0

$0

$0

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

$0

$521

$0

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

0.00%

Data represents January 1–March 31 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 FI R S T QUA R T E R 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

$28,345,000

6

258

$4,724,167

$4,185,000

2016

$1,475,000

1

16

$1,475,000

$1,475,000

2017

$10,640,000

2

433

$5,320,000

$5,320,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$29,128,000

18

258

$1,618,222

$1,195,000

2016

$33,253,500

17

203

$1,956,088

$977,000

2017

$25,991,900

16

237

$1,624,494

$1,082,500

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

$833

$601

$925

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$698

$782

$786

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

CONDOMINIUM/ TOWNHOME

96.29%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

94.79%

Data represents January 1–March 31 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

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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

$10,250,000

1

1074

$10,250,000

$10,250,000

2016

$6,175,000

1

413

$6,175,000

$6,175,000

2017

$32,220,000

4

118

$8,305,000

$7,335,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$14,194,300

11

105

$1,290,391

$1,124,900

2016

$9,629,900

5

223

$1,925,980

$2,000,000

2017

$6,600,000

3

216

$2,200,000

$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

$990

$634

$1,068

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$853

$890

$864

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

CONDOMINIUM/ TOWNHOME

97.09%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

95.39%

Data represents January 1–March 31 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

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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

$10,223,750

4

312

$2,555,938

$2,431,875

2016

$7,355,000

3

229

$2,451,667

$1,950,000

2017

$10,956,875

6

132

$1,826,146

$1,762,500

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$5,462,500

6

325

$910,417

$646,250

2016

$3,749,200

4

84

$937,300

$832,100

2017

$4,075,000

5

82

$815,000

$675,000

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

$535

$573

$499

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$540

$520

$616

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:

95.12%

Data represents January 1–March 31 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

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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

$4,251,366

3

370

$1,417,122

$1,309,866

2016

$1,210,000

2

213

$605,000

$605,000

2017

$8,380,000

5

163

$1,676,000

$1,645,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$3,679,500

9

85

$408,833

$425,000

2016

$4,426,000

10

92

$442,600

$368,500

2017

$6,043,500

15

31

$402,900

$395,000

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

$270

$188

$357

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$271

$302

$382

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

CONDOMINIUM/ TOWNHOME

95.66%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

98.86%

Data represents January 1–March 31 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

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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

$3,814,250

5

152

$762,850

$700,000

2016

$5,072,000

4

208

$1,268,000

$1,277,500

2017

$7,643,000

7

397

$1,091,857

$1,050,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$377,500

1

32

$377,500

$377,500

2016

$0

0

0

$0

$0

2017

$465,000

1

115

$465,000

$465,000

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

$316

$316

$371

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$283

N/A

$327

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

CONDOMINIUM/ TOWNHOME

96.24%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

95.88%

Data represents January 1–March 31 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 FI R S T QUA R T E R 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

$13,167,900

8

434

$1,645,988

$1,575,000

2016

$2,730,000

2

68

$1,365,000

$1,365,000

2017

$14,794,500

10

349

$1,479,450

$1,627,500

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

$327

$325

$332

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

90.49%

Data represents January 1–March 31 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 FI R S T QUA R T E R 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

$1,965,000

1

315

$1,965,000

$1,965,000

2016

$680,000

1

80

$680,000

$680,000

2017

$895,000

1

243

$895,000

$895,000

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

$214

$169

$313

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

96.76%

Data represents January 1–March 31 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 FI R S T QUA R T E R 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

$8,379,500

11

222

$761,773

$630,000

2016

$7,160,000

11

141

$650,909

$590,000

2017

$9,532,250

16

82

$595,766

$567,500

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$1,295,200

4

149

$323,800

$339,600

2016

$3,443,000

12

54

$286,917

$287,500

2017

$1,751,309

6

88

$291,885

$281,000

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

$235

$200

$201

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$198

$214

$270

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

96.94%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

97.90%

Data represents January 1–March 31 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 FI R S T QUA R T E R 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

$4,773,085

14

57

$340,935

$342,000

2016

$3,574,623

9

125

$397,180

$395,000

2017

$10,301,892

24

67

$429,246

$421,000

SALES VOLUME

NO. OF SALES

AVER AGE DAYS ON MARKET

AVER AGE SALE

MEDIAN SALE

2015

$237,000

1

13

$237,000

$237,000

2016

$1,283,326

5

88

$256,665

$165,000

2017

$1,563,000

7

44

$223,286

$225,000

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

$166

$181

$211

CONDOMINIUM/ TOWNHOME AVERAGE

2015

2016

2017

$151

$197

$178

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

99.45%

AVERAGE OF SALE PRICE/LAST LISTED PRICE:

98.17%

Data represents January 1–March 31 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 FI R S T QUA R T E R SL I FE R R E P O R T 21


2 017 Q1 | VA I L VA L L E Y L A N D OV E R V I E W

TRANSACTION VOLUME COMPARISON 35

33

30

29

29

NUMBER OF TRANSACTIONS

25

27

27

20 15 10 5 0

2013

2014

2015

2016

2017

SALES VOLUME COMPARISON $15.0

$14.6 $12.9

$12.0

$9.0

$9.4

$9.2 $8.4

MILLIONS

$6.0

$3.0

$0.0

2013

2014

2015

2016

2017

Data represents January 1–March 31 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 FI R S T QUA R T E R SL I FE R R E P O R T 22


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2017 FI R S T QUA R T E R SL I FE R R E P O R T 23

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Bridge Street 970.476.2421

Arrowhead 970.926.3000

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Lionshead 970.479.0245

Highlands Lodge

Four Seasons 970.479.0245

970.845.9403

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970.845.9400

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