Sum
nt y R eal E st mit C ou at e
The Slifer Report Annual Market Review
Since
Sum
nt y R eal E st mit C ou at e
The Slifer Report Annual Market Review
Table of Contents Breckenridge ....................................................................... 1 Copper Mountain ................................................................ 2 Dillon ................................................................................... 3 Frisco ................................................................................... 4 Keystone .............................................................................. 5 Silverthorne ......................................................................... 6
ONE WEBSITE
www.SummitCountyRealEstate.com EVERY PROPERTY IN SUMMIT COUNTY
©2008 Slifer Smith & Frampton Real Estate
Breckenridge Single-fa mily/Duple x Sales No. Volume of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
2004
$189,661,740
310
235
$611,812
$3,150,000
$90,000
$490,000
% Change
40.7%
18.4%
-13.6%
18.8%
6.3%
16.7%
16.3%
2005 $266,760,628
367
203
$726,868
$3,350,000
$105,000
$570,000
% Change
16.6%
1.1%
-15.8%
15.4%
11.9%
52.4%
16.7%
2006
$311,141,283
371
171
$838,656
$3,750,000
$160,000
$665,000
% Change
-1.2%
-13.5%
-9.4%
14.2%
46.7%
-5.0%
8.3%
2007 $307,342,639
321
155
$957,454
$5,500,000
$152,000
$720,000
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
Condominium/Tow nhome Sales No. Volume of Sales
2004 $164,058,203
552
212
$297,746
$1,070,000
$83,000
$248,000
31.1%
11.2%
-25.0%
17.6%
6.0%
-0.6%
23.0%
2005 $215,078,021
614
159
$350,290
$1,134,000
$82,500
$305,000
19.2%
-8.0%
2.5%
29.8%
32.3%
3.0%
30.3%
2006 $256,380,569
565
163
$454,575
$1,500,000
$85,000
$397,500
-3.5%
-17.7%
19.0%
17.0%
56.7%
34.1%
8.7%
2007 $247,301,027
465
194
$531,830
$2,350,000
$114,000
$432,000
Sales No. Volume of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
% Change % Change % Change
Homesites
2004
$42,862,275
174
405
$246,335
$1,200,000
$17,699
$187,125
% Change
96.9%
60.3%
1.7%
23.3%
454.6%
58.2%
25.1%
2005
$84,407,802
279
412
$303,625
$6,655,000
$28,000
$234,000
% Change
-0.3%
-7.2%
-24.5%
7.0%
-78.2%
-42.9%
15.4%
2006
$84,137,536
259
311
$324,855
$1,450,000
$16,000
$270,000
% Change
0.3%
-26.6%
-36.0%
36.7%
79.3%
136.9%
34.5%
2007
$84,368,279
190
199
$444,044
$2,600,000
$37,900
$363,050
pr ice per squar e foot compar ison Single-Family/Duplex
Condominium/Townhome
2005
2006
2007
2005
2006
2007
high
$956
$804
$887
high
low
$95
$122
$166
low
$665
$822
$989
$129
$180
$193
average
$270
$295
$332
average
$353
$428
$498
Source of all data contained in this report is from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information.
2007 Slifer Report
Breckenridge
1
Copper Mountain Single-fa mily/Duple x Sales No. Volume of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
2004
n/a
n/a
n/a
n/a
n/a
n/a
n/a
% Change
n/a
n/a
n/a
n/a
n/a
n/a
n/a
2005
$1,325,000
1
341
$1,325,000
$1,325,000
$1,325,000
$1,325,000
% Change
229.7%
200.0%
-37.0%
9.9%
62.9%
-20.0%
-13.2%
2006
$4,369,000
3
215
$1,456,332
$2,159,000
$1,060,000
$1,150,000
% Change
57.1%
33.3%
8.8%
17.8%
-16.6%
52.8%
49.8%
2007
$6,865,000
4
234
$1,716,250
$1,800,000
$1,620,000
$1,722,500
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
Condominium/Tow nhome Sales No. Volume of Sales
2004
$22,223,425
68
244
$326,815
$910,000
$114,000
$296,000
% Change
52.7%
72.1%
-15.2%
-11.3%
-16.1%
5.3%
-9.1%
2005
$33,927,320
117
207
$289,977
$763,500
$120,000
$269,000
% Change
56.7%
32.5%
0.0%
18.3%
135.8%
8.3%
16.0%
2006
$53,152,845
155
207
$342,922
$1,800,000
$130,000
$312,000
% Change
-22.6%
-28.4%
-39.1%
8.0%
-46.7%
-15.4%
11.9%
2007
$41,120,179
111
126
$370,452
$960,000
$110,000
$349,000
Sales No. Volume of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
Homesites
2004
$2,724,700
5
344
$544,940
$594,900
$464,900
$535,000
% Change
-16.8%
-20.0%
-15.7%
4.0%
27.6%
-0.6%
-2.3%
2005
$2,266,000
4
290
$566,500
$759,000
$462,000
$522,500
% Change
-5.1%
-25.0%
-3.1%
26.5%
18.6%
35.3%
19.6%
2006
$2,150,000
3
281
$716,667
$900,000
$625,000
$625,000
% Change
3.7%
0.0%
13.5%
3.7%
10.6%
-2.5%
0.0%
2007
$2,229,500
3
319
$743,167
$995,000
$609,500
$625,000
pr ice per squar e foot compar ison Single-Family/Duplex
Condominium/Townhome
2005
2006
2007
high
$375
$502
$683
high
low
$375
$336
$424
low
average
$375
$392
$534
average
2005
2006
2007
$540
$608
$644
$159
$234
$192
$309
$373
$430
Source of all data contained in this report is from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information.
2007 Slifer Report
Copper Mountain
2
Dillon Single-fa mily/Duple x Sales No. Volume of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
2004
$40,222,724
98
132
$410,436
$839,000
$208,000
$346,000
% Change
23.6%
5.1%
28.0%
17.6%
122.0%
3.4%
19.9%
2005
$49,695,436
103
169
$482,480
$1,862,500
$215,000
$415,000
% Change
3.3%
-7.8%
-20.1%
12.0%
0.7%
31.2%
21.9%
2006
$51,342,791
95
135
$540,450
$1,875,000
$282,000
$506,000
% Change
1.0%
-12.6%
-9.6%
15.6%
-16.8%
6.4%
9.2%
2007
$51,861,496
83
122
$624,837
$1,560,000
$300,000
$552,500
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
Condominium/Tow nhome Sales No. Volume of Sales
2004
$38,049,380
215
150
$176,974
$555,000
$70,000
$155,000
% Change
-15.3%
-18.6%
-31.3%
4.1%
15.3%
5.7%
-1.9%
2005
$32,230,190
175
103
$184,173
$640,000
$74,000
$152,000
% Change
23.1%
13.1%
-21.4%
8.8%
3.9%
3.8%
8.1%
2006
$39,680,116
198
81
$200,405
$665,000
$76,800
$164,250
% Change
40.2%
10.1%
59.3%
27.4%
4.5%
10.7%
29.9%
2007
$55,647,306
218
129
$255,263
$695,000
$85,000
$213,375
Sales No. Volume of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
Homesites
2004
$6,446,700
37
483
$174,235
$875,000
$95,000
$133,900
% Change
-37.0%
-32.4%
-60.7%
-6.8%
-72.6%
8.9%
19.4%
2005
$4,058,900
25
190
$162,356
$240,000
$103,500
$159,900
% Change
73.2%
20.0%
70.0%
44.4%
243.8%
15.0%
18.5%
2006
$7,031,004
30
323
$234,367
$825,000
$119,000
$189,450
% Change
-40.8%
-43.3%
-27.2%
4.4%
-59.8%
38.7%
29.3%
2007
$4,161,503
17
235
$244,794
$331,500
$165,000
$245,000
pr ice per squar e foot compar ison Single-Family/Duplex
Condominium/Townhome
2005
2006
2007
2005
2006
2007
high
$422
$457
$374
high
low
$133
$124
$111
low
$415
$413
$513
$129
$140
$151
average
$204
$217
$255
average
$207
$233
$278
Source of all data contained in this report is from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information.
2007 Slifer Report
Dillon
3
Frisco Single-fa mily/Duple x Sales No. Volume of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
2004
$30,552,015
54
108
$565,778
$1,701,230
$309,900
$477,450
% Change
45.3%
27.8%
28.7%
13.7%
-11.8%
-14.5%
25.6%
2005
$44,382,903
69
139
$643,230
$1,500,000
$265,000
$599,900
% Change
41.6%
7.2%
0.7%
32.0%
60.0%
42.6%
25.8%
2006
$62,835,493
74
140
$849,128
$2,400,000
$378,000
$754,950
% Change
-32.6%
-32.4%
-3.6%
-0.2%
-34.4%
16.1%
11.2%
2007
$42,375,375
50
135
$847,508
$1,575,000
$438,750
$839,500
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
Condominium/Tow nhome Sales No. Volume of Sales
2004
$52,361,758
182
164
$287,702
$840,000
$106,000
$265,160
% Change
-6.2%
-14.3%
-29.9%
9.5%
-19.6%
-1.9%
9.2%
2005
$49,134,386
156
115
$314,964
$675,000
$104,000
$289,500
% Change
-7.7%
-16.0%
-29.6%
9.9%
35.9%
14.4%
12.3%
2006
$45,331,975
131
81
$346,046
$917,000
$119,000
$325,000
% Change
77.5%
29.8%
79.0%
36.8%
46.1%
34.5%
32.3%
2007
$80,450,660
170
145
$473,239
$1,340,000
$160,000
$430,000
Sales No. Volume of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
Homesites
2004
$4,054,700
17
289
$238,512
$446,000
$155,000
$213,000
% Change
9.2%
17.6%
-11.1%
-7.2%
37.9%
-85.2%
-14.1%
2005
$4,426,950
20
257
$221,348
$615,000
$23,000
$183,000
% Change
-50.0%
-55.0%
-8.6%
11.2%
-50.4%
652.2%
36.6%
2006
$2,214,500
9
235
$246,056
$305,000
$173,000
$250,000
% Change
-8.5%
-33.3%
-62.6%
37.2%
42.3%
28.6%
38.8%
2007
$2,025,500
6
88
$337,583
$434,000
$222,500
$347,000
pr ice per squar e foot compar ison Single-Family/Duplex
Condominium/Townhome
2005
2006
2007
2005
2006
2007
high
$688
$658
$986
high
low
$170
$162
$225
low
$379
$433
$568
$162
$170
$197
average
$264
$319
$365
average
$261
$308
$354
Source of all data contained in this report is from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information.
2007 Slifer Report
Frisco
4
Keystone Single-fa mily/Duple x Sales No. Volume of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
2004
$22,059,000
17
283
$1,297,588
$1,950,000
$358,500
$1,399,000
% Change
37.6%
82.4%
-15.5%
-24.5%
-6.9%
-9.3%
-33.8%
2005
$30,363,542
31
239
$979,469
$1,815,000
$325,000
$926,250
% Change
16.6%
9.7%
-1.7%
6.4%
21.2%
9.5%
3.4%
2006
$35,418,700
34
235
$1,041,726
$2,200,000
$356,000
$958,075
% Change
2.1%
-20.6%
-6.8%
28.5%
54.5%
13.8%
32.0%
2007
$36,161,500
27
219
$1,338,204
$3,400,000
$405,000
$1,265,000
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
Condominium/Tow nhome Sales No. Volume of Sales
2004
$88,585,115
280
209
$316,375
$1,675,000
$102,900
$269,250
% Change
20.3%
29.3%
-1.9%
-6.9%
-41.4%
-80.6%
-4.0%
2005 $106,579,581
362
205
$294,419
$981,000
$20,000
$258,530
22.4%
20.2%
-15.1%
1.9%
52.9%
400.0%
0.8%
2006 $130,494,664
435
174
$299,988
$1,500,000
$99,999
$260,500
% Change
2.8%
-25.5%
-30.5%
38.0%
40.0%
32.0%
40.7%
2007
$134,105,016
324
121
$413,904
$2,100,000
$132,000
$366,575
Sales No. Volume of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
% Change
Homesites
2004
$4,487,325
25
464
$179,493
$361,725
$10,000
$210,000
% Change
35.9%
-24.0%
-30.6%
78.8%
56.2%
120.0%
39.3%
2005
$6,096,880
19
322
$320,888
$565,000
$22,000
$292,500
% Change
19.0%
10.5%
13.0%
7.7%
46.0%
13.6%
7.7%
2006
$7,255,500
21
364
$345,500
$825,000
$25,000
$315,000
% Change
33.8%
42.9%
-42.3%
-6.3%
-21.2%
500.0%
-4.8%
2007
$9,711,000
30
210
$323,700
$650,000
$150,000
$300,000
pr ice per squar e foot compar ison Single-Family/Duplex
Condominium/Townhome
2005
2006
2007
2005
2006
2007
high
$442
$510
$574
high
low
$157
$176
$196
low
$556
$693
$823
$40
$112
$177
average
$301
$354
$374
average
$289
$318
$388
Source of all data contained in this report is from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information.
2007 Slifer Report
Keystone
5
Silverthorne Single-fa mily/Duple x Sales No. Volume of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
2004
$72,756,261
159
151
$457,587
$2,150,000
$90,000
$395,000
% Change
14.0%
3.8%
7.9%
9.9%
-32.6%
44.4%
11.4%
2005
$82,971,702
165
163
$502,859
$1,450,000
$130,000
$440,000
% Change
18.0%
4.2%
14.1%
13.2%
34.5%
14.2%
8.8%
2006
$97,889,983
172
186
$569,128
$1,950,000
$148,500
$478,750
% Change
15.9%
-7.0%
-9.7%
24.5%
-4.1%
-12.5%
25.2%
2007
$113,411,071
160
168
$708,819
$1,870,000
$130,000
$599,500
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
Condominium/Tow nhome Sales No. Volume of Sales
2004
$54,779,594
251
116
$218,325
$496,500
$72,000
$207,500
% Change
28.0%
23.5%
-12.1%
3.6%
-8.6%
19.4%
1.9%
2005
$70,110,682
310
102
$226,163
$454,000
$86,000
$211,500
% Change
-4.6%
-17.4%
-28.4%
15.5%
16.7%
7.0%
19.0%
2006
$66,899,462
256
73
$261,326
$529,900
$92,000
$251,700
% Change
-2.6%
-19.9%
4.1%
21.7%
30.0%
22.8%
17.2%
2007
$65,177,849
205
76
$317,941
$689,000
$113,000
$295,000
Sales No. Volume of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale
Median Sale
Homesites
2004
$16,301,775
78
422
$208,997
$1,250,000
$8,600
$170,000
% Change
33.0%
9.0%
10.4%
22.1%
140.0%
190.7%
20.6%
2005
$21,682,930
85
466
$255,093
$3,000,000
$25,000
$205,000
% Change
-4.7%
-17.6%
-24.9%
15.7%
-51.7%
132.0%
29.6%
2006
$20,666,800
70
350
$295,240
$1,450,000
$58,000
$265,750
% Change
9.3%
-5.7%
-1.1%
15.9%
70.7%
81.0%
8.9%
2007
$22,591,745
66
346
$342,299
$2,475,000
$105,000
$289,500
pr ice per squar e foot compar ison Single-Family/Duplex
Condominium/Townhome
2005
2006
2007
2005
2006
2007
high
$434
$504
$480
high
low
$107
$75
$144
low
$327
$378
$397
$140
$139
$166
average
$223
$249
$283
average
$207
$243
$278
Source of all data contained in this report is from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information.
2007 Slifer Report
Silverthorne
6