t He SliFeR R ePoRt Summit count y real eState 2012 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
ta B l e o f c o n t e n t S Summit County Overview ........................ 4 Breckenridge ............................................ 6 Copper Mountain ..................................... 8 Dillon ...................................................... 10 Frisco ...................................................... 12 Keystone ................................................. 14 Silverthorne ............................................ 16 SSF Information and OfďŹ ce Listings ....... 18
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
1,430
1,352 1,000
985
1,092
1,195
500
0
2004
2005
2006
2007
2008
2009
2010
2011
2012
sales volume comparison $1,500
$1,281
$1,200
$1,313.2
$1,126.3 $900 $853.1
$815.2 $718.4
MILLIONS
$600
$584.5
$597.8
$594.1
2009
2010
2011
$300
$0
2004
2005
2006
2007
2008
2012
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. Š2013 Slifer Smith & Frampton Real Estate
4
2012 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 $600,000
$593,469 $547,456
$534,056
$502,766
SALES PRICE
$500,000 $497,153
$443,563
$400,000 $387,335 $337,742 $300,000
2004
2005
2006
2007
2008
2009
2010
2011
2012
3,000 2,582
2,490 2,500
2,223
2,090
2,072
2,000 1,813
1,707
1,500
1,657 1,487
1,415
1,000 909
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11 – 20
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09 –
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08 – 20
20 08
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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. ©2013 Slifer Smith & Frampton Real Estate
2012 Slifer Report
5
Breckenridge Single-Family/Duplex
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$210,052,789 3.7% $217,916,722 -24.2% $165,243,848 13.9% $188,174,387 25.3% $235,856,451
196 6.6% 209 -17.2% 173 31.2% 227 18.5% 269
175 44.0% 252 6.7% 269 -1.1% 266 -14.3% 228
$1,075,698 -3.1% $1,042,664 -8.4% $955,167 -13.2% $828,962 5.8% $876,790
$5,550,000 49.3% $8,285,000 -52.3% $3,950,000 -17.1% $3,275,000 70.1% $5,570,130
Low Sale Median Sale $256,000 -32.8% $172,000 16.3% $200,000 -15.1% $169,900 -11.7% $150,000
$824,500 -3.0% $800,000 -3.1% $775,000 -9.7% $700,000 -3.6% $675,000
$1million+ sales 72 13.9% 82 -30.5% 57 8.8% 62 12.9% 70
condominium / townhome
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$182,396,159 -58.4% $75,967,525 76.5% $134,083,512 -11.8% $118,268,874 -6.7% $110,305,596
267 -43.4% 151 50.3% 227 14.5% 260 4.6% 272
213 9.4% 233 44.2% 336 -11.3% 298 -6.4% 279
$683,132 -26.4% $503,096 17.4% $590,676 -23.0% $454,880 -10.8% $405,535
$2,400,000 -30.2% $1,675,000 60.6% $2,690,000 -0.2% $2,685,000 -52.3% $1,280,000
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$42,523,726 -74.0% $11,076,900 60.6% $17,785,085 -19.8% $14,262,750 83.1% $26,110,000
78 -48.7% 40 45.0% 58 -3.4% 56 25.0% 70
196 43.9% 282 -3.9% 271 4.1% 282 51.4% 427
$545,176 -49.2% $276,923 10.7% $306,639 -16.9% $254,692 46.5% $373,000
$1,750,000 -62.1% $664,000 397.0% $3,300,000 -52.3% $1,575,000 61.9% $2,550,000
Low Sale Median Sale $121,000 -9.9% $108,990 -38.5% $67,000 -73.1% $18,000 305.6% $73,000
$560,000 -26.8% $410,000 3.7% $425,000 -13.7% $366,750 -4.6% $350,000
$1million+ sales 54 -77.8% 12 150.0% 30 -60.0% 12 -58.3% 5
homesites
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Low Sale Median Sale $15,480 158.4% $40,000 -50.0% $20,000 -20.0% $16,000 -6.3% $15,000
$425,000 -42.6% $244,000 -37.6% $152,334 27.0% $193,450 -8.5% $177,000
$1million+ sales 15 -100.0% 0 n/a 3 -33.3% 2 200.0% 6
price per square foot comparison Single-Family/Duplex
condominium/townhome
2009
2010
2011
2012
2009
2010
2011
2012
high
$1,262
$823
$830
$877
high
$927
$1,452
$1,353
$1,071
low
$92
$109
$151
$87
low
$193
$155
$131
$121
average
$326
$294
$268
$283
average
$451
$546
$403
$390
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. Š2013 Slifer Smith & Frampton Real Estate
6
2012 Slifer Report
Breckenridge multi-family sales volume
$250
$150
$200
$120
$150
$90
MILLIONS
MILLIONS
Single-Family/Duplex sales volume
$100 $50 $0
2009
2010
2011
2012
$0
300
300
250
250
200 150 100 50 0
2009
2010
2011
2012
Single-Family/Duplex aver age sales price
0
THOUSANDS
$400
2010
2011
2012
2009
2010
2011
2012
multi-family aver age sales price
$0.8
2009
2012
50
$500
$0
2011
100
$1.0
$0.2
2010
150
$600
$0.4
2009
200
$1.2
$0.6
MILLIONS
$30
multi-family tr ansac tion volume
TR ANSACTIONS
TR ANSACTIONS
Single-Family/Duplex tr ansac tion volume
$60
$300 $200 $100 $0
2009
2010
2011
2012
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. Š2013 Slifer Smith & Frampton Real Estate
2012 Slifer Report
7
c o p p e r m o u n ta i n Single-Family/Duplex
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale Median Sale
$0 n/a $2,650,000 188.5% $7,645,000 -9.8% $6,899,000 -75.4% $1,700,000
0 n/a 1 300.0% 4 -25.0% 3 -66.7% 1
0 n/a 115 232.2% 382 -2.6% 372 -19.1% 301
$0 n/a $2,650,000 -27.9% $1,911,250 20.3% $2,299,667 -26.1% $1,700,000
$0 n/a $2,650,000 13.0% $2,995,000 -4.9% $2,849,000 -40.3% $1,700,000
$0 n/a $2,650,000 -56.6% $1,150,000 56.5% $1,800,000 -5.6% $1,700,000
Low Sale Median Sale
$0 n/a $2,650,000 -34.0% $1,750,000 28.6% $2,250,000 -24.4% $1,700,000
$1million+ sales 0 n/a 1 300.0% 4 -25.0% 3 -66.7% 1
condominium / townhome
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$23,075,925 -23.3% $17,694,000 -38.5% $10,878,800 -7.1% $10,101,250 35.0% $13,634,360
51 -23.5% 39 -25.6% 29 -3.4% 28 46.4% 41
117 157.3% 301 -28.2% 216 20.8% 261 38.7% 362
$452,469 0.3% $453,692 -17.3% $375,131 -3.8% $360,759 -7.8% $332,545
$2,000,000 -51.8% $964,900 -14.5% $825,000 54.5% $1,275,000 -34.7% $832,000
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
Low Sale Median Sale
$3,500,000 -100.0% $0 n/a $0 n/a $1,100,000 68.2% $1,850,000
3 -100.0% 0 n/a 0 n/a 1 100.0% 2
137 -100.0% 0 n/a 0 n/a 0 N/A 49
$1,166,667 -100.0% $0 n/a $0 n/a $1,100,000 -15.9% $925,000
$1,250,000 -100.0% $0 n/a $0 n/a $1,100,000 9.1% $1,200,000
$1,000,000 -100.0% $0 n/a $0 n/a $1,100,000 -40.9% $650,000
$174,500 33.8% $233,500 -60.6% $92,000 -22.3% $71,500 81.7% $129,900
$335,000 12.7% $377,520 -9.9% $340,000 -2.2% $332,500 4.7% $348,000
$1million+ sales 2 -100.0% 0 n/a 0 n/a 1 -100.0% 0
homesites
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
$1,250,000 -100.0% $0 n/a $0 n/a $1,100,000 -15.9% $925,000
$1million+ sales 3 -100.0% 0 n/a 0 n/a 1 0.0% 1
price per square foot comparison Single-Family/Duplex
condominium/townhome
2009
2010
2011
2012
2009
2010
2011
2012
high
$496
$574
$500
$491
high
$592
$583
$472
$517
low
$496
$374
$475
$491
low
$328
$174
$221
$176
average
$496
$452
$490
$491
average
$463
$385
$368
$335
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. Š2013 Slifer Smith & Frampton Real Estate
8
2012 Slifer Report
c o p p e r m o u n ta i n Single-Family/Duplex sales volume
multi-family sales volume $20
$8.0 $7.0 $6.0
$15
$5.0 $10
MILLIONS
MILLIONS
$4.0 $3.0 $2.0 $1.0 $0
2009
2010
2011
2012
5
50
4
40
3 2 1 0
2009
2010
2011
2012
Single-Family/Duplex aver age sales price
2010
2011
2012
30 20 10 0
2008
2009
2010
2011
$500
$2.5
$400
THOUSANDS
$2.0 $1.5 $1.0 $0.5 $0
2009
multi-family aver age sales price
$3.0
MILLIONS
$0
multi-family tr ansac tion volume
TR ANSACTIONS
TR ANSACTIONS
Single-Family/Duplex tr ansac tion volume
$5
2009
2010
2011
2012
$300 $200 $100 $0
2009
2010
2011
2012
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. Š2013 Slifer Smith & Frampton Real Estate
2012 Slifer Report
9
D i l lo n Single-Family/Duplex
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$29,669,395 -35.4% $19,158,600 35.6% $25,978,050 0.9% $26,218,353 33.8% $35,074,040
53 -30.2% 37 27.0% 47 12.8% 53 24.5% 66
117 48.7% 174 12.1% 195 -3.6% 188 -14.9% 160
$559,800 -7.5% $517,800 6.7% $552,724 -10.5% $494,686 7.4% $531,425
$1,377,475 -25.2% $1,030,000 151.6% $2,591,000 -64.7% $915,000 61.2% $1,475,000
Low Sale Median Sale $254,670 15.5% $294,200 -9.9% $265,000 1.5% $269,000 -25.7% $200,000
$480,000 -16.9% $399,000 15.9% $462,500 7.0% $495,000 -10.1% $445,000
$1million+ sales 2 -50.0% 1 100.0% 2 -100.0% 0 n/a 3
condominium / townhome
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$24,921,441 -42.2% $14,401,925 -12.4% $12,622,910 26.0% $15,911,138 20.7% $19,197,450
94 -36.2% 60 -1.7% 59 27.1% 75 16.0% 87
90 74.4% 157 15.3% 181 4.4% 189 -6.9% 176
$265,122 -9.5% $240,032 -10.9% $213,948 -0.8% $212,149 4.0% $220,660
$752,000 27.0% $955,000 -0.5% $950,000 -32.6% $640,000 7.4% $687,500
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$4,654,100 -95.9% $193,000 443.7% $1,049,400 -45.9% $568,000 107.7% $1,179,900
15 -93.3% 1 500.0% 6 -33.3% 4 75.0% 7
289 39.4% 403 -63.0% 149 44.3% 215 57.7% 339
$310,273 -37.8% $193,000 -9.4% $174,900 -18.8% $142,000 18.7% $168,557
$1,392,000 -86.1% $193,000 78.8% $345,000 -42.3% $199,000 63.3% $325,000
Low Sale Median Sale $122,500 -10.2% $110,000 -10.0% $99,000 -34.5% $64,888 20.2% $78,000
$1million+ sales
$215,000 -10.6% $192,200 -3.7% $185,000 16.2% $215,000 -16.7% $179,000
0 n/a 0 n/a 0 n/a 0 n/a 0
homesites
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Low Sale Median Sale $160,000 20.6% $193,000 -91.7% $16,000 618.8% $115,000 -16.5% $96,000
$239,000 -19.2% $193,000 -12.2% $169,450 -25.1% $127,000 -9.5% $114,900
$1million+ sales 1 -100.0% 0 n/a 0 n/a 0 n/a 0
price per square foot comparison Single-Family/Duplex
condominium/townhome
2009
2010
2011
2012
2009
2010
2011
2012
high
$339
$438
$277
$422
high
$503
$443
$432
$451
low
$101
$112
$75
$124
low
$170
$104
$111
$121
average
$230
$220
$199
$213
average
$266
$235
$219
$221
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. Š2013 Slifer Smith & Frampton Real Estate
10
2012 Slifer Report
D i l lo n Single-Family/Duplex sales volume
multi-family sales volume $20
$40 $35 $30
$15
$25 $10
MILLIONS
MILLIONS
$20 $15 $10 $5 $0
2009
2010
2011
2012
Single-Family/Duplex tr ansac tion volume
$5
$0
2009
2010
2011
2012
multi-family tr ansac tion volume
80
100 80
60
TR ANSACTIONS
TR ANSACTIONS
70
50 40 30 20 10 0
2009
2010
2011
2012
Single-Family/Duplex aver age sales price
20 0
2009
2010
2011
2012
$250
$500
$200
THOUSANDS
$400
THOUSANDS
40
multi-family aver age sales price
$600
$300 $200 $100 $0
60
2009
2010
2011
2012
$150 $100 $50 $0
2009
2010
2011
2012
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. Š2013 Slifer Smith & Frampton Real Estate
2012 Slifer Report
11
Frisco Single-Family/Duplex
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$19,480,890 20.2% $23,413,400 -0.2% $23,371,731 17.3% $27,423,515 -9.6% $24,786,583
24 37.5% 33 -3.0% 32 34.4% 43 -16.3% 36
217 21.2% 263 -23.2% 202 1.5% 205 32.2% 271
$811,704 -12.6% $709,497 2.9% $730,367 -12.7% $637,756 8.0% $688,516
$1,560,000 2.6% $1,600,000 18.8% $1,900,000 -31.6% $1,300,000 -5.8% $1,225,000
Low Sale Median Sale $443,890 -21.2% $350,000 -43.0% $199,481 5.2% $209,900 29.5% $271,900
$735,000 -11.7% $649,000 -15.3% $550,000 1.6% $559,000 12.4% $628,500
$1million+ sales 5 -40.0% 3 133.3% 7 -57.1% 3 33.3% 4
condominium / townhome
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$37,119,910 -32.4% $25,108,473 31.8% $33,104,305 9.9% $36,388,000 25.4% $45,631,143
85 -23.5% 65 29.2% 84 11.9% 94 29.8% 122
99 115.2% 213 5.6% 225 6.7% 240 -7.9% 221
$436,705 -11.5% $386,284 2.0% $394,099 -1.8% $387,106 -3.4% $374,026
$990,000 -19.2% $800,000 10.3% $882,500 -0.3% $880,000 -4.5% $840,000
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$1,549,000 -34.2% $1,020,000 92.8% $1,967,000 -17.2% $1,629,500 24.0% $2,020,000
4 -25.0% 3 100.0% 6 -16.7% 5 40.0% 7
63 1027.0% 710 -82.1% 127 165.4% 337 46.6% 494
$387,250 -12.2% $340,000 -3.6% $327,883 -0.6% $325,900 -11.5% $288,571
$449,000 -2.0% $440,000 -3.4% $425,000 47.1% $625,000 -24.8% $470,000
Low Sale Median Sale $218,000 -31.6% $149,080 -12.0% $131,250 -4.0% $126,000 -0.8% $125,000
$1million+ sales
$395,000 -10.1% $355,000 -1.1% $351,250 -3.9% $337,500 6.4% $359,000
0 n/a 0 n/a 0 n/a 0 n/a 0
homesites
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Low Sale Median Sale $295,000 -11.9% $260,000 -6.9% $242,000 -8.3% $222,000 -25.7% $165,000
$1million+ sales
$402,500 -20.5% $320,000 4.7% $335,000 -17.9% $275,000 1.8% $280,000
0 n/a 0 n/a 0 n/a 0 n/a 0
price per square foot comparison Single-Family/Duplex
condominium/townhome
2009
2010
2011
2012
2009
2010
2011
2012
high
$444
$627
$701
$423
high
$470
$428
$465
$449
low
$172
$184
$161
$148
low
$200
$68
$171
$166
average
$272
$299
$283
$264
average
$370
$309
$306
$294
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. Š2013 Slifer Smith & Frampton Real Estate
12
2012 Slifer Report
Frisco Single-Family/Duplex sales volume
multi-family sales volume
$30
$50
$25
$40
$20
$30
MILLIONS
MILLIONS
$15 $10 $5 $0
2009
2010
2011
2012
$0
50
150
40
120
30 20 10 0
2009
2010
2011
2012
Single-Family/Duplex aver age sales price
0
$350
$700
$300
THOUSANDS
$200 $100 $0
2009
2010
2011
2012
2012
30
$800
$300
2011
60
$400
$400
2010
90
$900
$500
2009
2009
2010
2011
2012
multi-family aver age sales price
$600
THOUSANDS
$10
multi-family tr ansac tion volume
TR ANSACTIONS
TR ANSACTIONS
Single-Family/Duplex tr ansac tion volume
$20
$250 $200 $150 $100 $50 $0
2009
2010
2011
2012
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. Š2013 Slifer Smith & Frampton Real Estate
2012 Slifer Report
13
Ke ystone Single-Family/Duplex
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$14,542,500 48.6% $21,609,750 -44.5% $11,996,500 42.7% $17,124,250 68.3% $28,821,750
13 38.5% 18 -11.1% 16 0.0% 16 87.5% 30
231 -14.7% 197 83.8% 362 -21.8% 283 52.3% 431
$1,118,654 7.3% $1,200,542 -37.7% $747,906 43.1% $1,070,266 -10.2% $960,725
$2,650,000 15.1% $3,050,000 -47.5% $1,600,000 37.2% $2,195,000 18.5% $2,600,000
Low Sale Median Sale $580,000 -79.3% $120,000 112.5% $255,000 21.6% $310,000 -6.5% $290,000
$1,010,000 27.5% $1,287,500 -41.6% $752,000 28.0% $962,500 -9.5% $871,500
$1million+ sales 7 85.7% 13 -84.6% 2 200.0% 6 83.3% 11
condominium / townhome
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$70,146,545 -33.0% $46,973,773 8.7% $51,077,524 -19.2% $41,259,975 40.4% $57,939,049
165 -27.9% 119 15.1% 137 -12.4% 120 38.3% 166
109 54.1% 168 16.1% 195 15.4% 225 -4.4% 215
$425,131 -7.1% $394,738 -5.6% $372,829 -7.8% $343,833 1.5% $349,030
$999,000 30.1% $1,300,000 0.0% $1,300,000 7.7% $1,400,000 -21.4% $1,100,000
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$1,897,720 73.1% $3,285,000 -94.2% $190,000 243.4% $652,500 251.9% $2,296,300
4 75.0% 7 -71.4% 2 50.0% 3 233.3% 10
176 7.4% 189 -88.9% 21 1738.1% 386 -21.2% 304
$474,430 -1.1% $469,286 -79.8% $95,000 128.9% $217,500 5.6% $229,630
$700,000 0.0% $700,000 -85.7% $100,000 235.0% $335,000 11.9% $375,000
Low Sale Median Sale $169,000 -26.6% $124,000 -11.3% $110,000 7.3% $118,000 -15.3% $100,000
$380,000 -10.5% $340,000 -5.0% $323,000 -13.3% $280,000 7.9% $302,000
$1million+ sales 0 n/a 2 -50.0% 1 0.0% 1 0.0% 1
homesites
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Low Sale Median Sale $32,720 633.5% $240,000 -62.5% $90,000 75.0% $157,500 -3.4% $152,100
$1million+ sales
$582,500 -29.6% $410,000 -76.8% $95,000 68.4% $160,000 30.8% $209,250
0 n/a 0 n/a 0 n/a 0 n/a 0
price per square foot comparison Single-Family/Duplex
condominium/townhome
2009
2010
2011
2012
2009
2010
2011
2012
high
$593
$445
$466
$468
high
$682
$665
$595
$617
low
$139
$168
$167
$172
low
$215
$165
$166
$125
average
$353
$300
$307
$281
average
$373
$340
$312
$305
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. Š2013 Slifer Smith & Frampton Real Estate
14
2012 Slifer Report
Ke ystone multi-family sales volume
$30
$60
$25
$50
$20
$40
$15
$30
MILLIONS
MILLIONS
Single-Family/Duplex sales volume
$10 $5 $0
2009
2010
2011
2012
Single-Family/Duplex tr ansac tion volume
$20 $10 $0
2009
2010
2011
2012
multi-family tr ansac tion volume 200
30
TR ANSACTIONS
TR ANSACTIONS
25 20 15 10 5 0
2009
2010
2011
2012
Single-Family/Duplex aver age sales price
150
100
50
0
2009
2010
2011
2012
multi-family aver age sales price $400
$1.5
$350 $1.2
$300
THOUSANDS
MILLIONS
$0.9 $0.6 $0.3 $0
2009
2010
2011
2012
$250 $200 $150 $100 $50 $0
2009
2010
2011
2012
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. Š2013 Slifer Smith & Frampton Real Estate
2012 Slifer Report
15
s i lv e r t h o r n e Single-Family/Duplex
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$82,628,340 -23.0% $63,646,248 9.8% $69,855,985 -21.9% $54,523,810 47.6% $80,484,984
100 -23.0% 77 32.5% 102 -10.8% 91 37.4% 125
204 31.9% 269 4.8% 282 1.1% 285 -10.5% 255
$826,283 0.0% $826,575 -17.1% $684,863 -12.5% $599,163 7.5% $643,880
$3,975,000 -22.0% $3,100,000 -29.0% $2,200,000 -20.5% $1,750,000 29.1% $2,260,000
Low Sale Median Sale $118,500 134.6% $278,000 -17.3% $230,000 -30.4% $160,000 -5.0% $152,000
$727,000 -10.6% $650,000 -9.1% $591,000 -16.2% $495,000 14.1% $565,000
$1million+ sales 21 -4.8% 20 -25.0% 15 -20.0% 12 33.3% 16
condominium / townhome
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$46,311,850 -29.3% $32,736,108 -22.9% $25,243,542 10.2% $27,825,690 -3.2% $26,938,119
144 -26.4% 106 -14.2% 91 13.2% 103 -3.9% 99
99 76.8% 175 2.9% 180 -3.9% 173 6.9% 185
$321,610 -4.0% $308,831 -10.2% $277,402 -2.6% $270,152 0.7% $272,102
$672,000 -11.5% $595,000 -10.1% $535,000 2.4% $547,820 0.4% $550,000
Sales Volume
No. of Sales
Ave. Days on Market
Ave. Sale
High Sale
$13,311,650 -50.8% $6,554,480 -33.2% $4,376,500 31.7% $5,763,254 -13.6% $4,979,230
32 -46.9% 17 -11.8% 15 -20.0% 12 58.3% 19
215 28.4% 276 92.4% 531 0.9% 536 -22.4% 416
$415,989 -7.3% $385,558 -24.3% $291,767 64.6% $480,271 -45.4% $262,065
$1,300,000 7.7% $1,400,000 -41.1% $825,000 380.4% $3,963,555 -80.4% $775,000
Low Sale Median Sale $122,500 -10.2% $110,000 4.5% $115,000 -23.9% $87,500 -4.0% $84,000
$1million+ sales
$293,500 -4.6% $280,000 -8.9% $255,000 -3.9% $245,000 2.0% $250,000
0 n/a 0 n/a 0 n/a 0 n/a 0
homesites
2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
Low Sale Median Sale $200,000 -5.0% $190,000 -52.6% $90,000 -38.9% $55,000 134.5% $129,000
$360,000 -3.6% $347,000 -20.7% $275,000 -40.4% $164,000 50.7% $247,200
$1million+ sales 3 -66.7% 1 -100.0% 0 n/a 1 -100.0% 0
price per square foot comparison Single-Family/Duplex
condominium/townhome
2009
2010
2011
2012
2009
2010
2011
2012
high
$475
$416
$481
$672
high
$402
$333
$337
$325
low
$123
$114
$95
$113
low
$194
$165
$120
$143
average
$274
$249
$231
$232
average
$277
$242
$226
$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. Š2013 Slifer Smith & Frampton Real Estate
16
2012 Slifer Report
S i lv e r t h o r n e Single-Family/Duplex sales volume
multi-family sales volume
$900
$35
$800
$30
$700
$25
$500
$20
$400
$15
MILLIONS
MILLIONS
$600
$300 $200 $100 $0
2009
2010
2011
2012
Single-Family/Duplex tr ansac tion volume
$0
2009
2010
2011
2012
120 100
TR ANSACTIONS
120
TR ANSACTIONS
$5
multi-family tr ansac tion volume
150
90 60 30 0
$10
2009
2010
2011
2012
Single-Family/Duplex aver age sales price
80 60 40 20 0
2009
2010
2011
2012
multi-family aver age sales price $350
$1.0
$300
$0.8
$250
THOUSANDS
MILLIONS
$0.6 $0.4 $0.2 $0
2009
2010
2011
2012
$200 $150 $100 $50 $0
2009
2010
2011
2012
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. Š2013 Slifer Smith & Frampton Real Estate
2012 Slifer Report
17
The most trusted name in Colorado Mountain real estate for 50 years Closed Sales Volume January – December of each Year $300
$250
$200
$150
$50
2008
2009
2010
2011
2012
$0
Today’s real estate market can be extremely complicated. Now more than ever its important that you work with the market experts. Slifer Smith & Frampton Real Estate has a 50-year perspective in Colorado mountain real estate, over 30 brokers in Summit County and has negotiated over $200 million in transactions each of the past five years.
Summit CountyR eal E state.com 18
2012 Slifer Report
MILLIONS
$100
slifer smith & frampton real estate offices for further real estate market information please visit us at the following locations throughout summit county:
breckenridge 117 South Main street P.O. Box 959 Breckenridge, CO 80424 Phone: (970)453-9090 Toll-free: (888)531-2800 One Ski Hill Place 1521 Ski Hill Road P.O. Box 8740 Breckenridge, CO 80424 Phone: (970)547-6000 Toll-free: (877)333-8850
keystone Keystone Resort 0140 Ida Belle Drive F-12 P.O. Box 38-K61 Keystone, CO 80435 Phone: (970)496-4522 Toll-free: (800)548-3307
2012 Slifer Report
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