t He SliFeR R ePoRt Summit count y real eState 2011 annual market review
S u m m i t c o u n t y r e a l e S tat e . c o m
S u m m i t c o u n t y ov e r v i e w
NUMBER OF TR ANSACTIONS
tr ansaction volume comparison 3,000 2,908 2,500
2,888
2,526
2,459
2,000
1,500 1,352 1,000
985
1,092
1,195
500
0
2004
2005
2006
2007
2008
2009
2010
2011
$584.5
$597.8
$594
2009
2010
2011
sales volume comparison $1,500
$1,281
$1,200
$1,313.2
$1,126.3 $900 $853.1
$815.2
MILLIONS
$600
$300
$0
2004
2005
2006
2007
2008
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
4
2011 Slifer Report
S u m m i t c o u n t y ov e r v i e w aver age sales price $700,000
$602,965
$593,469
$600,000 $547,456
$534,056
SALES PRICE
$500,000
$497,153 $443,563
$400,000
$387,335 $337,742
$300,000
2005
2004
2006
2007
2008
2009
2010
2011
3,000 2,582
2,490 2,500
2,218
2,090 2,000 1,740
1,813
1,707
1,500
1,657
1,632
1,000 909
ec
ly 20
11
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08
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0
an
500
20
NUMBER OF RESIDENTIAL & L AND PROPERTIES LISTED
summit count y active listing inventory
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2012 Slifer Smith & Frampton Real Estate
2011 Slifer Report
5
Breckenridge Single-Family/Duplex
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$307,342,639 -31.7% $210,052,789 3.7% $217,916,722 -24.2% $165,243,848 13.9% $188,174,387
321 -38.9% 196 6.6% 209 -17.2% 173 31.2% 227
155 12.9% 175 44.0% 252 6.7% 269 -1.1% 266
$957,454 12.3% $1,075,698 -3.1% $1,042,664 -8.4% $955,167 -13.2% $828,962
$5,500,000 0.9% $5,550,000 49.3% $8,285,000 -52.3% $3,950,000 -17.1% $3,275,000
Low Sale Median Sale $152,000 68.4% $256,000 -32.8% $172,000 16.3% $200,000 -15.1% $169,900
$720,000 14.5% $824,500 -3.0% $800,000 -3.1% $775,000 -9.7% $700,000
$1million+ sales 92 -21.7% 72 13.9% 82 -30.5% 57 8.8% 62
condominium / townhome
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$247,301,027 -26.2% $182,396,159 -58.4% $75,967,525 76.5% $134,083,512 -11.8% $118,268,874
465 -42.6% 267 -43.4% 151 50.3% 227 14.5% 260
194 9.8% 213 9.4% 233 44.2% 336 -11.3% 298
$531,830 28.4% $683,132 -26.4% $503,096 17.4% $590,676 -23.0% $454,880
$2,350,000 2.1% $2,400,000 -30.2% $1,675,000 60.6% $2,690,000 -0.2% $2,685,000
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$84,368,279 -49.6% $42,523,726 -74.0% $11,076,900 60.6% $17,785,085 -19.8% $14,262,750
190 -58.9% 78 -48.7% 40 45.0% 58 -3.4% 56
199 -1.5% 196 43.9% 282 -3.9% 271 4.1% 282
$444,044 22.8% $545,176 -49.2% $276,923 10.7% $306,639 -16.9% $254,692
$2,600,000 -32.7% $1,750,000 -62.1% $664,000 397.0% $3,300,000 -52.3% $1,575,000
Low Sale Median Sale $114,000 6.1% $121,000 -9.9% $108,990 -38.5% $67,000 -73.1% $18,000
$432,000 29.6% $560,000 -26.8% $410,000 3.7% $425,000 -13.7% $366,750
$1million+ sales 35 54.3% 54 -77.8% 12 150.0% 30 -60.0% 12
homesites
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Low Sale Median Sale $37,900 -59.2% $15,480 158.4% $40,000 -50.0% $20,000 -20.0% $16,000
$363,050 17.1% $425,000 -42.6% $244,000 -37.6% $152,334 27.0% $193,450
$1million+ sales 13 15.4% 15 -100.0% 0 n/a 3 -33.3% 2
price per square foot comparison Single-Family/Duplex
condominium/townhome
2008
2009
2010
2011
2008
2009
2010
2011
high
$847
$1,262
$823
$830
high
$2,015
$927
$1,452
$1,353
low
$158
$92
$109
$151
low
$137
$193
$155
$131
average
$359
$326
$294
$268
average
$589
$451
$546
$403
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
6
2011 Slifer Report
Breckenridge Single-Family/Duplex sales volume
multi-family sales volume $200
$250 $200
$150
$150
MILLIONS
MILLIONS
$100 $100 $50 $0
2008
2009
2010
2011
Single-Family/Duplex tr ansac tion volume
2008
2009
2010
2011
300 250
TR ANSACTIONS
200
TR ANSACTIONS
$0
multi-family tr ansac tion volume
250
150 100 50 0
$50
2008
2009
2010
2011
Single-Family/Duplex aver age sales price
200 150 100 50 0
2008
2009
2010
2011
multi-family aver age sales price $800
$1.2
$700
$1.0
$600
THOUSANDS
$0.8
MILLIONS
$0.6 $0.4 $0.2 $0
2008
2009
2010
2011
$500 $400 $300 $200 $100 $0
2008
2009
2010
2011
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
2011 Slifer Report
7
c o p p e r m o u n ta i n Single-Family/Duplex
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale Median Sale
$6,865,000 -100.0% $0 n/a $2,650,000 188.5% $7,645,000 -9.8% $6,899,000
4 -100.0% 0 n/a 1 300.0% 4 -25.0% 3
234 -100.0% 0 n/a 115 232.2% 382 -2.6% 372
$1,716,250 -100.0% $0 n/a $2,650,000 -27.9% $1,911,250 20.3% $2,299,667
$1,800,000 -100.0% $0 n/a $2,650,000 13.0% $2,995,000 -4.9% $2,849,000
$1,620,000 -100.0% $0 n/a $2,650,000 -56.6% $1,150,000 56.5% $1,800,000
Low Sale Median Sale
$1,722,500 -100.0% $0 n/a $2,650,000 -34.0% $1,750,000 28.6% $2,250,000
$1million+ sales 4 -100.0% 0 n/a 1 300.0% 4 -25.0% 3
condominium / townhome
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$41,120,179 -43.9% $23,075,925 -23.3% $17,694,000 -38.5% $10,878,800 -7.1% $10,101,250
111 -54.1% 51 -23.5% 39 -25.6% 29 -3.4% 28
126 -7.1% 117 157.3% 301 -28.2% 216 20.8% 261
$370,452 22.1% $452,469 0.3% $453,692 -17.3% $375,131 -3.8% $360,759
$960,000 108.3% $2,000,000 -51.8% $964,900 -14.5% $825,000 54.5% $1,275,000
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale Median Sale
$2,229,500 57.0% $3,500,000 -100.0% $0 n/a $0 n/a $1,100,000
3 0.0% 3 -100.0% 0 n/a 0 n/a 1
319 -57.1% 137 -100.0% 0 n/a 0 n/a 0
$743,167 57.0% $1,166,667 -100.0% $0 n/a $0 n/a $1,100,000
$995,000 25.6% $1,250,000 -100.0% $0 n/a $0 n/a $1,100,000
$609,500 64.1% $1,000,000 -100.0% $0 n/a $0 n/a $1,100,000
$110,000 58.6% $174,500 33.8% $233,500 -60.6% $92,000 -22.3% $71,500
$349,000 -4.0% $335,000 12.7% $377,520 -9.9% $340,000 -2.2% $332,500
$1million+ sales 0 n/a 2 -100.0% 0 n/a 0 n/a 1
homesites
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
$625,000 100.0% $1,250,000 -100.0% $0 n/a $0 n/a $1,100,000
$1million+ sales 0 n/a 3 -100.0% 0 n/a 0 n/a 1
price per square foot comparison Single-Family/Duplex
condominium/townhome
2008
2009
2010
2011
2008
2009
2010
2011
high
n/a
$496
$574
$500
high
$653
$592
$583
$472
low
n/a
$496
$374
$475
low
$296
$328
$174
$221
average
n/a
$496
$452
$490
average
$466
$463
$385
$368
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
8
2011 Slifer Report
c o p p e r m o u n ta i n Single-Family/Duplex sales volume
multi-family sales volume
$8.0
$25
$7.0 $20
$6.0 $5.0
$15
MILLIONS
MILLIONS
$4.0 $3.0 $2.0 $1.0 $0
2008
2009
2010
2011
Single-Family/Duplex tr ansac tion volume
TR ANSACTIONS
TR ANSACTIONS
2008
2009
2010
2011
50
3 2 1
2008
2009
2010
2011
Single-Family/Duplex aver age sales price
40 30 20 10 0
2008
2009
2010
2011
multi-family aver age sales price
$3.0
$500
$2.5
$400
THOUSANDS
$2.0 $1.5
MILLIONS
$0
60
4
$1.0 $0.5 $0
$5
multi-family tr ansac tion volume
5
0
$10
2008
2009
2010
2011
$300 $200 $100 $0
2008
2009
2010
2011
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
2011 Slifer Report
9
D i l lo n Single-Family/Duplex
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$51,861,496 -42.8% $29,669,395 -35.4% $19,158,600 35.6% $25,978,050 0.9% $26,218,353
83 -36.1% 53 -30.2% 37 27.0% 47 12.8% 53
122 -4.1% 117 48.7% 174 12.1% 195 -3.6% 188
$624,837 -10.4% $559,800 -7.5% $517,800 6.7% $552,724 -10.5% $494,686
$1,560,000 -11.7% $1,377,475 -25.2% $1,030,000 151.6% $2,591,000 -64.7% $915,000
Low Sale Median Sale $300,000 -15.1% $254,670 15.5% $294,200 -9.9% $265,000 1.5% $269,000
$552,500 -13.1% $480,000 -16.9% $399,000 15.9% $462,500 7.0% $495,000
$1million+ sales 7 -71.4% 2 -50.0% 1 100.0% 2 -100.0% 0
condominium / townhome
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$55,647,306 -55.2% $24,921,441 -42.2% $14,401,925 -12.4% $12,622,910 26.0% $15,911,138
218 -56.9% 94 -36.2% 60 -1.7% 59 27.1% 75
129 -30.2% 90 74.4% 157 15.3% 181 4.4% 189
$255,263 3.9% $265,122 -9.5% $240,032 -10.9% $213,948 -0.8% $212,149
$695,000 8.2% $752,000 27.0% $955,000 -0.5% $950,000 -32.6% $640,000
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$4,161,503 11.8% $4,654,100 -95.9% $193,000 443.7% $1,049,400 -45.9% $568,000
17 -11.8% 15 -93.3% 1 500.0% 6 -33.3% 4
235 23.0% 289 39.4% 403 -63.0% 149 44.3% 215
$244,794 26.7% $310,273 -37.8% $193,000 -9.4% $174,900 -18.8% $142,000
$331,500 319.9% $1,392,000 -86.1% $193,000 78.8% $345,000 -42.3% $199,000
Low Sale Median Sale $85,000 44.1% $122,500 -10.2% $110,000 -10.0% $99,000 -34.5% $64,888
$1million+ sales
$213,375 0.8% $215,000 -10.6% $192,200 -3.7% $185,000 16.2% $215,000
0 n/a 0 n/a 0 n/a 0 n/a 0
homesites
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Low Sale Median Sale $165,000 -3.0% $160,000 20.6% $193,000 -91.7% $16,000 618.8% $115,000
$245,000 -2.4% $239,000 -19.2% $193,000 -12.2% $169,450 -25.1% $127,000
$1million+ sales 0 n/a 1 -100.0% 0 n/a 0 n/a 0
price per square foot comparison Single-Family/Duplex
condominium/townhome
2008
2009
2010
2011
2008
2009
2010
2011
high
$353
$339
$438
$277
high
$471
$503
$443
$432
low
$121
$101
$112
$75
low
$194
$170
$104
$111
average
$241
$230
$220
$199
average
$303
$266
$235
$219
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
10
2011 Slifer Report
D i l lo n Single-Family/Duplex sales volume
multi-family sales volume
$30
$25
$25
$20
$20
$15
MILLIONS
MILLIONS
$15 $10 $5 $0
2008
2009
2010
2011
Single-Family/Duplex tr ansac tion volume
40 30 20 10 2008
2009
2010
2011
Single-Family/Duplex aver age sales price
2009
2010
2011
60 40 20 0
$500
$250
$400
$200
THOUSANDS
$300
$300 $200 $100 2008
2009
2010
2011
2008
2009
2010
2011
multi-family aver age sales price
$600
$0
2008
80
TR ANSACTIONS
TR ANSACTIONS
$0
100
50
THOUSANDS
$5
multi-family tr ansac tion volume
60
0
$10
$150 $100 $50 $0
2008
2009
2010
2011
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
2011 Slifer Report
11
Frisco Single-Family/Duplex
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$42,375,375 -54.0% $19,480,890 20.2% $23,413,400 -0.2% $23,371,731 17.3% $27,423,515
50 -52.0% 24 37.5% 33 -3.0% 32 34.4% 43
135 60.7% 217 21.2% 263 -23.2% 202 1.5% 205
$847,508 -4.2% $811,704 -12.6% $709,497 2.9% $730,367 -12.7% $637,756
$1,575,000 -1.0% $1,560,000 2.6% $1,600,000 18.8% $1,900,000 -31.6% $1,300,000
Low Sale Median Sale $438,750 1.2% $443,890 -21.2% $350,000 -43.0% $199,481 5.2% $209,900
$839,500 -12.4% $735,000 -11.7% $649,000 -15.3% $550,000 1.6% $559,000
$1million+ sales 10 -50.0% 5 -40.0% 3 133.3% 7 -57.1% 3
condominium / townhome
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$80,450,660 -53.9% $37,119,910 -32.4% $25,108,473 31.8% $33,104,305 9.9% $36,388,000
170 -50.0% 85 -23.5% 65 29.2% 84 11.9% 94
145 -31.7% 99 115.2% 213 5.6% 225 6.7% 240
$473,239 -7.7% $436,705 -11.5% $386,284 2.0% $394,099 -1.8% $387,106
$1,340,000 -26.1% $990,000 -19.2% $800,000 10.3% $882,500 -0.3% $880,000
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$2,025,500 -23.5% $1,549,000 -34.2% $1,020,000 92.8% $1,967,000 -17.2% $1,629,500
6 -33.3% 4 -25.0% 3 100.0% 6 -16.7% 5
88 -28.4% 63 1027.0% 710 -82.1% 127 165.4% 337
$337,583 14.7% $387,250 -12.2% $340,000 -3.6% $327,883 -0.6% $325,900
$434,000 3.5% $449,000 -2.0% $440,000 -3.4% $425,000 47.1% $625,000
Low Sale Median Sale $160,000 36.3% $218,000 -31.6% $149,080 -12.0% $131,250 -4.0% $126,000
$430,000 -8.1% $395,000 -10.1% $355,000 -1.1% $351,250 -3.9% $337,500
$1million+ sales 2 -100.0% 0 n/a 0 n/a 0 n/a 0
homesites
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Low Sale Median Sale $222,500 32.6% $295,000 -11.9% $260,000 -6.9% $242,000 -8.3% $222,000
$1million+ sales
$347,000 16.0% $402,500 -20.5% $320,000 4.7% $335,000 -17.9% $275,000
0 n/a 0 n/a 0 n/a 0 n/a 0
price per square foot comparison Single-Family/Duplex
condominium/townhome
2008
2009
2010
2011
2008
2009
2010
2011
high
$856
$444
$627
$701
high
$552
$470
$428
$465
low
$189
$172
$184
$161
low
$252
$200
$68
$171
average
$357
$272
$299
$283
average
$370
$308
$309
$306
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
12
2011 Slifer Report
Frisco Single-Family/Duplex sales volume
multi-family sales volume $40
$30
$35
$25
$30 $20
$25 $20
MILLIONS
MILLIONS
$15 $10 $5 $0
2008
2009
2010
2011
$10 $5 $0
50
100
40
80
30 20 10 0
2008
2009
2010
2008
2009
2010
2011
multi-family tr ansac tion volume
TR ANSACTIONS
TR ANSACTIONS
Single-Family/Duplex tr ansac tion volume
$15
2011
Single-Family/Duplex aver age sales price
60 40 20 0
2008
2009
2010
2011
multi-family aver age sales price
$900
$500
$800 $400
$700 $500
THOUSANDS
THOUSANDS
$600 $400 $300 $200 $100 $0
2008
2009
2010
2011
$300 $200 $100 $0
2008
2009
2010
2011
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
2011 Slifer Report
13
Ke ystone Single-Family/Duplex
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$36,161,500 -59.8% $14,542,500 48.6% $21,609,750 -44.5% $11,996,500 42.7% $17,124,250
27 -51.9% 13 38.5% 18 -11.1% 16 0.0% 16
219 5.5% 231 -14.7% 197 83.8% 362 -21.8% 283
$1,338,204 -16.4% $1,118,654 7.3% $1,200,542 -37.7% $747,906 43.1% $1,070,266
$3,400,000 -22.1% $2,650,000 15.1% $3,050,000 -47.5% $1,600,000 37.2% $2,195,000
Low Sale Median Sale $405,000 43.2% $580,000 -79.3% $120,000 112.5% $255,000 21.6% $310,000
$1,265,000 -20.2% $1,010,000 27.5% $1,287,500 -41.6% $752,000 28.0% $962,500
$1million+ sales 17 -58.8% 7 85.7% 13 -84.6% 2 200.0% 6
condominium / townhome
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$134,105,016 -47.7% $70,146,545 -33.0% $46,973,773 8.7% $51,077,524 -19.2% $41,259,975
324 -49.1% 165 -27.9% 119 15.1% 137 -12.4% 120
121 -9.9% 109 54.1% 168 16.1% 195 15.4% 225
$413,904 2.7% $425,131 -7.1% $394,738 -5.6% $372,829 -7.8% $343,833
$2,100,000 -52.4% $999,000 30.1% $1,300,000 0.0% $1,300,000 7.7% $1,400,000
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$9,711,000 -80.5% $1,897,720 73.1% $3,285,000 -94.2% $190,000 243.4% $652,500
30 -86.7% 4 75.0% 7 -71.4% 2 50.0% 3
210 -16.2% 176 7.4% 189 -88.9% 21 1738.1% 386
$323,700 46.6% $474,430 -1.1% $469,286 -79.8% $95,000 128.9% $217,500
$650,000 7.7% $700,000 0.0% $700,000 -85.7% $100,000 235.0% $335,000
Low Sale Median Sale $132,000 28.0% $169,000 -26.6% $124,000 -11.3% $110,000 7.3% $118,000
$366,575 3.7% $380,000 -10.5% $340,000 -5.0% $323,000 -13.3% $280,000
$1million+ sales 8 -100.0% 0 n/a 2 -50.0% 1 0.0% 1
homesites
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Low Sale Median Sale $150,000 -78.2% $32,720 633.5% $240,000 -62.5% $90,000 75.0% $157,500
$1million+ sales
$300,000 94.2% $582,500 -29.6% $410,000 -76.8% $95,000 68.4% $160,000
0 n/a 0 n/a 0 n/a 0 n/a 0
price per square foot comparison Single-Family/Duplex
condominium/townhome
2008
2009
2010
2011
2008
2009
2010
2011
high
$486
$593
$445
$466
high
$681
$682
$665
$595
low
$219
$139
$168
$167
low
$230
$215
$165
$166
average
$374
$353
$300
$307
average
$421
$373
$340
$312
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
14
2011 Slifer Report
Ke ystone Single-Family/Duplex sales volume
multi-family sales volume $80
$25
$70 $20
$60 $50
$15
MILLIONS
MILLIONS
$40 $10 $5 $0
2008
2009
2010
2011
$10 $0
20
200
15
150
10
5
0
2008
2009
2010
2011
Single-Family/Duplex aver age sales price
0
$1.2
$400
$0.9
$300
$0
2008
2009
2010
2011
2010
2011
50
$500
$0.3
2009
100
$1.5
$0.6
2008
2008
2009
2010
2011
multi-family aver age sales price
THOUSANDS
MILLIONS
$20
multi-family tr ansac tion volume
TR ANSACTIONS
TR ANSACTIONS
Single-Family/Duplex tr ansac tion volume
$300
$200 $100 $0
2008
2009
2010
2011
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
2011 Slifer Report
15
s i lv e r t h o r n e Single-Family/Duplex
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$113,411,071 -27.1% $82,628,340 -23.0% $63,646,248 9.8% $69,855,985 -21.9% $54,523,810
160 -37.5% 100 -23.0% 77 32.5% 102 -10.8% 91
168 21.4% 204 31.9% 269 4.8% 282 1.1% 285
$708,819 16.6% $826,283 0.0% $826,575 -17.1% $684,863 -12.5% $599,163
$1,870,000 112.6% $3,975,000 -22.0% $3,100,000 -29.0% $2,200,000 -20.5% $1,750,000
Low Sale Median Sale $130,000 -8.8% $118,500 134.6% $278,000 -17.3% $230,000 -30.4% $160,000
$599,500 21.3% $727,000 -10.6% $650,000 -9.1% $591,000 -16.2% $495,000
$1million+ sales 24 -12.5% 21 -4.8% 20 -25.0% 15 -20.0% 12
condominium / townhome
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$65,177,849 -28.9% $46,311,850 -29.3% $32,736,108 -22.9% $25,243,542 10.2% $27,825,690
205 -29.8% 144 -26.4% 106 -14.2% 91 13.2% 103
76 30.3% 99 76.8% 175 2.9% 180 -3.9% 173
$317,941 1.2% $321,610 -4.0% $308,831 -10.2% $277,402 -2.6% $270,152
$689,000 -2.5% $672,000 -11.5% $595,000 -10.1% $535,000 2.4% $547,820
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$22,591,745 -41.1% $13,311,650 -50.8% $6,554,480 -33.2% $4,376,500 31.7% $5,763,254
66 -51.5% 32 -46.9% 17 -11.8% 15 -20.0% 12
346 -37.9% 215 28.4% 276 92.4% 531 0.9% 536
$342,299 21.5% $415,989 -7.3% $385,558 -24.3% $291,767 64.6% $480,271
$2,475,000 -47.5% $1,300,000 7.7% $1,400,000 -41.1% $825,000 380.4% $3,963,555
Low Sale Median Sale $113,000 8.4% $122,500 -10.2% $110,000 4.5% $115,000 -23.9% $87,500
$1million+ sales
$295,000 -0.5% $293,500 -4.6% $280,000 -8.9% $255,000 -3.9% $245,000
0 n/a 0 n/a 0 n/a 0 n/a 0
homesites
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011
Low Sale Median Sale $105,000 90.5% $200,000 -5.0% $190,000 -52.6% $90,000 -38.9% $55,000
$289,500 24.4% $360,000 -3.6% $347,000 -20.7% $275,000 -40.4% $164,000
$1million+ sales 1 200.0% 3 -66.7% 1 -100.0% 0 n/a 1
price per square foot comparison Single-Family/Duplex
condominium/townhome
2008
2009
2010
2011
2008
2009
2010
2011
high
$478
$475
$416
$481
high
$494
$402
$333
$337
low
$181
$123
$114
$95
low
$198
$194
$165
$120
average
$304
$274
$249
$231
average
$314
$277
$242
$226
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
16
2011 Slifer Report
S i lv e r t h o r n e Single-Family/Duplex sales volume
multi-family sales volume
$90
$50
$80 $40
$70 $60
$30
$40
MILLIONS
MILLIONS
$50 $30 $20 $10 $0
2008
2009
2010
2011
Single-Family/Duplex tr ansac tion volume
$0
2008
2009
2010
2011
150
100
120
TR ANSACTIONS
TR ANSACTIONS
$10
multi-family tr ansac tion volume
120
80 60 40 20 0
$20
2008
2009
2010
2011
Single-Family/Duplex aver age sales price
90 60 30 0
2008
2009
2010
2011
multi-family aver age sales price $350
$1.0
$300
$0.8
$250
THOUSANDS
MILLIONS
$0.6 $0.4 $0.2 $0
2008
2009
2010
2011
$200 $150 $100 $50 $0
2008
2009
2010
2011
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2012 Slifer Smith & Frampton Real Estate
2011 Slifer Report
17
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