2011 Six Month Slifer Reprot

Page 1

summit county real estate

the slifer report {

2011 siX month market review

{

table of contents Summit County Overview .................... 2–3 Breckenridge ............................................4 Copper Mountain .....................................5 Dillon ........................................................6 Frisco ........................................................7 Keystone ...................................................8 Silverthorne ..............................................9 SSF Information and Office Listings ..10–11

summitcountyrealestate.com


sU mmit CoU ntY oV erV ieW

NUMBER OF TR ANSACTIONS

tr ansaction volume comparison 1,500 1,264 1,179

1,200

1,112

987 900 661 600 433

465

2010

2011

$258.58

$247.06

2010

2011

315 300

0

2004

2005

2006

2007

2008

2009

sales volume comparison $600

$566.68 $529.63

$500 $432.59 $389.38

$400 $330.08

MILLIONS

$300 $192.87

$200

$100

$0

2004

2005

2006

2007

2008

2009

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. Š2011 Slifer Smith & Frampton Real Estate

2

2011 six month slifer report


sU mmit CoU ntY oV erV ieW aver age sales price $700,000 $647,119 $614,784

$595,083 $600,000

$543,499

$538,434

SALES PRICE

$500,000 $436,030

$400,000 $356,468 $300,000

$383,940

2004

2005

2006

2007

2008

2009

2010

2011

3,000 2,580

2,491 2,500

2,173

2,090 2,000 1,813

1,716

1,463

1,500

1,000 909

y –J 11 20

20

11

–J

ul

an

y 20

10

–J

-J 10 20

–J 09 20

ul

an

y ul

an –J 09

08 20

20

–J ul

an

08

–J

0

y

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. ©2011 Slifer Smith & Frampton Real Estate

2011 six month slifer report

3


BreCK enriDGe 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

$1MILLION+ SALES

$137,374,677 -24.4% $103,788,989 -26.5% $76,304,285 -17.3% $63,094,122 39.9% $88,262,084

140 -23.6% 107 -32.7% 72 -4.2% 69 36.2% 94

174 1.7% 177 40.1% 248 8.1% 268 9.0% 292

$981,248 -1.1% $969,991 9.3% $1,059,782 -13.7% $914,408 2.7% $938,958

$3,990,000 -21.1% $3,150,000 4.8% $3,300,000 -18.2% $2,700,000 -17.2% $2,235,000

$274,417 -49.0% $140,000 22.9% $172,000 52.3% $262,000 6.9% $280,000

$732,500 4.4% $765,000 4.6% $800,000 4.4% $835,000 -4.2% $800,000

45 -24.4% 34 -20.6% 27 -22.2% 21 57.1% 33

conDominium / townhome

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

$1MILLION+ SALES

$99,684,010 -32.0% $67,794,669 -65.1% $23,662,000 239.5% $80,331,809 -30.2% $56,053,824

203 -41.9% 118 -60.2% 47 121.3% 104 9.6% 114

149 16.8% 174 19.0% 207 103.9% 422 -16.6% 352

$491,054 17.0% $574,531 -12.4% $503,447 53.4% $772,421 -36.3% $491,700

$1,415,000 57.5% $2,229,000 -41.7% $1,300,000 106.9% $2,690,000 -0.2% $2,685,000

$114,000 40.4% $160,000 -28.1% $115,000 -41.7% $67,000 50.7% $101,000

$425,000 4.5% $444,000 -7.7% $410,000 32.3% $542,500 -20.8% $429,750

12 -8.3% 11 -63.6% 4 525.0% 25 -76.0% 6

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$42,432,579 -41.1% $24,980,535 -77.9% $5,514,000 75.1% $9,655,025 -22.5% $7,482,200

106 -59.4% 43 -55.8% 19 15.8% 22 9.1% 24

231 -26.8% 169 61.5% 273 4.0% 284 8.5% 308

$400,307 45.1% $580,943 -50.0% $290,211 51.2% $438,865 -29.0% $311,758

$1,575,000 11.1% $1,750,000 20.0% $2,100,000 57.1% $3,300,000 -52.3% $1,575,000

$37,900 -7.7% $35,000 14.3% $40,000 100.0% $80,000 -95.0% $4,000

$327,450 4.4% $342,000 -59.1% $140,000 28.8% $180,250 7.3% $193,450

6 66.7% 10 -90.0% 1 100.0% 2 0.0% 2

homesites

2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011

price per sQuare foot comparison SINGLE-FAMILY/DUPLEX

HIGH

2008

2009

2010

2011

$847

$680

$823

$727

CONDOMINIUM/TOWNHOME

HIGH

2008

2009

2010

2011

$949

$780

$1,452

$1,345

LOW

$158

$92

$163

$132

LOW

$137

$200

$155

$174

AVERAGE

$347

$348

$291

$273

AVERAGE

$530

$458

$702

$428

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. ©2011 Slifer Smith & Frampton Real Estate

4

2011 six month slifer report


Copper moU ntA in 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

$1MILLION+ SALES

$3,420,000 N/A $0 N/A $0 N/A $1,150,000 95.7% $2,250,000

2 N/A 0 N/A 0 N/A 1 0.0% 1

267 N/A 0 N/A 0 N/A 78 198.7% 233

$1,710,000 N/A $0 N/A $0 N/A $1,150,000 95.7% $2,250,000

$1,800,000 N/A $0 N/A $0 N/A $1,150,000 95.7% $2,250,000

$1,620,000 N/A $0 N/A $0 N/A $1,150,000 95.7% $2,250,000

$1,710,000 N/A $0 N/A $0 N/A $1,150,000 95.7% $2,250,000

2 -100.0% 0 N/A 0 N/A 1 0.0% 1

conDominium / townhome

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

$1MILLION+ SALES

$17,146,750 -39.7% $10,340,125 -64.6% $3,660,900 -15.9% $3,079,500 44.2% $4,440,500

46 -47.8% 24 -62.5% 9 -11.1% 8 100.0% 16

141 -40.4% 84 59.5% 134 52.2% 204 22.1% 249

$372,755 15.6% $430,839 -5.6% $406,767 -5.4% $384,938 -27.9% $277,531

$960,000 45.8% $1,400,000 -35.0% $910,000 -28.6% $650,000 -23.1% $500,000

$110,000 58.6% $174,500 57.6% $275,000 -66.5% $92,000 -20.7% $73,000

$370,000 -12.8% $322,500 8.5% $349,900 19.7% $418,750 -34.1% $275,750

0 N/A 1 -100.0% 0 N/A 0 N/A 0

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$609,500 474.2% $3,500,000 N/A $0 N/A $0 N/A $1,100,000

1 200.0% 3 N/A 0 N/A 0 N/A 1

543 -74.8% 137 N/A 0 N/A 0 N/A 0

$609,500 91.4% $1,166,667 N/A $0 N/A $0 N/A $1,100,000

$609,500 105.1% $1,250,000 N/A $0 N/A $0 N/A $1,100,000

$609,500 64.1% $1,000,000 N/A $0 N/A $0 N/A $1,100,000

$609,500 105.1% $1,250,000 N/A $0 N/A $0 N/A $1,100,000

0 N/A 3 -100.0% 0 N/A 0 N/A 1

homesites

2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011

price per sQuare foot comparison SINGLE-FAMILY/DUPLEX

2008

2009

2010

2011

HIGH

N/A

N/A

$430

$475

LOW

N/A

N/A

$430

$475

AVERAGE

N/A

N/A

$430

$475

CONDOMINIUM/TOWNHOME

2008

2009

2010

2011

$552

$503

$484

$448

LOW

$296

$328

$174

$87

AVERAGE

$449

$411

$397

$317

HIGH

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. ©2011 Slifer Smith & Frampton Real Estate

2011 six month slifer report

5


Dillon 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

$1MILLION+ SALES

$25,097,335 -44.3% $13,978,670 -51.2% $6,822,000 53.8% $10,495,050 29.8% $13,624,750

42 -40.5% 25 -56.0% 11 90.9% 21 28.6% 27

127 -0.8% 126 19.0% 150 34.7% 202 -7.4% 187

$597,556 -6.4% $559,147 10.9% $620,182 -19.4% $499,764 1.0% $504,620

$1,250,000 -4.0% $1,200,000 -14.2% $1,030,000 -20.9% $815,000 10.4% $900,000

$317,000 -19.7% $254,670 25.7% $320,000 -17.2% $265,000 7.2% $284,000

$545,250 -7.0% $506,900 -21.3% $399,000 23.3% $492,000 -8.5% $450,000

2 -50.0% 1 0.0% 1 -100.0% 0 N/A 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

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$23,417,065 -49.2% $11,904,840 -60.1% $4,746,000 25.5% $5,955,150 -27.3% $4,328,100

99 -54.5% 45 -64.4% 16 62.5% 26 -19.2% 21

165 -49.1% 84 58.3% 133 42.1% 189 -11.1% 168

$236,536 11.8% $264,552 12.1% $296,625 -22.8% $229,044 -10.0% $206,100

$669,000 11.4% $745,000 -28.9% $530,000 79.2% $950,000 -44.2% $530,000

$103,500 18.4% $122,500 5.3% $129,000 -16.3% $108,000 -17.4% $89,250

$189,150 7.3% $203,000 40.1% $284,500 -35.0% $185,000 2.7% $190,000

0 N/A 0 N/A 0 N/A 0 N/A 0

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$1,011,400 243.5% $3,474,100 N/A $0 N/A $378,500 14.7% $434,000

5 100.0% 10 N/A 0 N/A 2 50.0% 3

282 6.7% 301 N/A 0 N/A 76 47.4% 112

$202,280 71.7% $347,410 N/A $0 N/A $189,250 -23.6% $144,667

$249,900 457.0% $1,392,000 N/A $0 N/A $224,500 -11.4% $199,000

$165,000 -3.0% $160,000 N/A $0 N/A $154,000 -25.3% $115,000

$212,500 12.9% $239,950 N/A $0 N/A $189,250 -36.6% $120,000

0 N/A 1 -100.0% 0 N/A 0 N/A 0

homesites

2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011

price per sQuare foot comparison SINGLE-FAMILY/DUPLEX

HIGH

2008

2009

2010

2011

$353

$286

$270

$254

CONDOMINIUM/TOWNHOME

HIGH

2008

2009

2010

2011

$446

$503

$368

$432

LOW

$121

$148

$143

$75

LOW

$226

$190

$140

$117

AVERAGE

$225

$227

$211

$186

AVERAGE

$303

$300

$239

$217

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. ©2011 Slifer Smith & Frampton Real Estate

6

2011 six month slifer report


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

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$19,814,265 -48.6% $10,190,500 -65.0% $3,563,000 159.8% $9,255,981 -26.5% $6,803,650

24 -50.0% 12 -50.0% 6 116.7% 13 0.0% 13

122 141.8% 295 12.5% 332 -22.9% 256 -14.1% 220

$825,594 2.9% $849,208 -30.1% $593,833 19.9% $711,999 -26.5% $523,358

$1,575,000 -19.5% $1,267,500 -40.8% $750,000 86.7% $1,400,000 -35.9% $897,500

$471,740 5.6% $498,000 -22.7% $385,000 -48.2% $199,481 60.4% $320,000

$785,000 -0.8% $778,750 -24.4% $589,000 1.9% $600,000 -16.7% $500,000

3 33.3% 4 N/A 0 N/A 3 -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

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$30,882,654 -39.3% $18,735,527 -69.0% $5,813,000 79.7% $10,444,360 -9.8% $9,420,400

65 -30.8% 45 -68.9% 14 107.1% 29 -20.7% 23

140 -46.4% 75 110.7% 158 36.1% 215 54.0% 331

$475,118 -12.4% $416,345 -0.3% $415,214 -13.3% $360,150 36.2% $490,583

$950,000 4.2% $990,000 -19.2% $800,000 -10.8% $714,000 -7.6% $660,000

$160,000 64.1% $262,500 -39.0% $160,000 -18.0% $131,250 113.3% $280,000

$450,000 -12.2% $395,000 -12.4% $346,000 -9.0% $315,000 17.5% $370,000

0 N/A 0 N/A 0 N/A 0 N/A 0

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$1,429,000 -73.4% $380,000 100.0% $760,000 -100.0% $0 N/A $497,000

4 -75.0% 1 100.0% 2 -100.0% 0 N/A 2

109 -51.4% 53 1679.2% 943 -100.0% 0 N/A 295

$357,250 6.4% $380,000 0.0% $380,000 -100.0% $0 N/A $248,500

$434,000 -12.4% $380,000 15.8% $440,000 -100.0% $0 N/A $275,000

$285,000 33.3% $380,000 -15.8% $320,000 -100.0% $0 N/A $222,000

$355,000 7.0% $380,000 0.0% $380,000 -100.0% $0 N/A $248,500

0 N/A 0 N/A 0 N/A 0 N/A 0

homesites

2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011

price per sQuare foot comparison SINGLE-FAMILY/DUPLEX

HIGH

2008

2009

2010

2011

$856

$318

$428

$414

CONDOMINIUM/TOWNHOME

HIGH

2008

2009

2010

2011

$489

$420

$424

$413

LOW

$189

$258

$205

$175

LOW

$271

$211

$205

$203

AVERAGE

$402

$288

$272

$263

AVERAGE

$367

$306

$310

$302

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. ©2011 Slifer Smith & Frampton Real Estate

2011 six month slifer report

7


K eYstone 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

$1MILLION+ SALES

$12,308,500 -42.3% $7,107,500 -11.8% $6,267,000 -25.6% $4,660,000 101.8% $9,402,750

12 -50.0% 6 0.0% 6 0.0% 6 50.0% 9

315 -27.6% 228 -19.7% 183 125.7% 413 -13.8% 356

$1,025,708 15.5% $1,184,583 -11.8% $1,044,500 -25.6% $776,667 34.5% $1,044,750

$2,350,000 12.8% $2,650,000 -43.0% $1,510,000 -7.3% $1,400,000 56.8% $2,195,000

$405,000 97.5% $800,000 -54.4% $365,000 -30.1% $255,000 -2.5% $248,500

$923,000 -3.0% $895,000 40.5% $1,257,500 -37.4% $787,500 25.2% $986,250

4 -50.0% 2 100.0% 4 -75.0% 1 300.0% 4

conDominium / townhome

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

$1MILLION+ SALES

$61,150,979 -27.8% $44,176,890 -66.3% $14,875,773 20.6% $17,941,700 -11.0% $15,960,700

146 -35.6% 94 -63.8% 34 38.2% 47 0.0% 47

116 -6.0% 109 27.5% 139 148.9% 346 -37.9% 215

$418,842 12.2% $469,967 -6.9% $437,523 -12.9% $381,206 -10.9% $339,589

$2,100,000 -58.1% $879,000 19.5% $1,050,000 23.8% $1,300,000 -31.2% $895,000

$132,000 28.0% $169,000 0.9% $170,500 -29.6% $120,000 5.8% $127,000

$328,000 35.7% $444,950 -18.3% $363,500 -9.2% $330,000 -18.2% $270,000

6 -100.0% 0 N/A 1 0.0% 1 -100.0% 0

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$6,461,000 -71.1% $1,865,000 -9.7% $1,685,000 -94.7% $90,000 75.0% $157,500

21 -85.7% 3 0.0% 3 -66.7% 1 0.0% 1

252 -50.8% 124 -58.9% 51 -100.0% 0 N/A 0

$307,667 102.1% $621,667 -9.7% $561,667 -84.0% $90,000 75.0% $157,500

$635,000 10.2% $700,000 0.0% $700,000 -87.1% $90,000 75.0% $157,500

$160,000 203.1% $485,000 -36.1% $310,000 -71.0% $90,000 75.0% $157,500

$290,000 134.5% $680,000 -0.7% $675,000 -86.7% $90,000 75.0% $157,500

0 N/A 0 N/A 0 N/A 0 N/A 0

homesites

2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011

price per sQuare foot comparison SINGLE-FAMILY/DUPLEX

2008

2009

2010

2011

$486

$473

$348

$466

LOW

$219

$253

$210

AVERAGE

$335

$349

$260

HIGH

CONDOMINIUM/TOWNHOME

2008

2009

2010

2011

HIGH

$681

$627

$600

$559

$87

LOW

$235

$215

$165

$147

$287

AVERAGE

$441

$368

$346

$301

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. ©2011 Slifer Smith & Frampton Real Estate

8

2011 six month slifer report


silV erthorne 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

$1MILLION+ SALES

$48,889,549 -18.2% $39,975,940 -48.0% $20,786,499 51.8% $31,561,085 -55.9% $13,911,250

75 -41.3% 44 -45.5% 24 87.5% 45 -37.8% 28

190 16.3% 221 1.8% 225 40.9% 317 -30.6% 220

$651,861 39.4% $908,544 -4.7% $866,104 -19.0% $701,357 -29.2% $496,830

$1,632,500 143.5% $3,975,000 -38.4% $2,450,000 -30.6% $1,700,000 -37.1% $1,069,000

$130,000 113.0% $276,900 6.5% $295,000 -22.0% $230,000 -30.4% $160,000

$575,000 36.2% $783,150 -25.8% $581,000 -7.6% $536,900 -10.6% $480,000

9 44.4% 13 -53.8% 6 50.0% 9 -88.9% 1

conDominium / townhome

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

$1MILLION+ SALES

$23,711,400 -20.1% $18,939,750 -47.9% $9,875,400 -14.5% $8,439,750 35.9% $11,473,520

80 -21.3% 63 -50.8% 31 0.0% 31 45.2% 45

73 6.8% 78 109.0% 163 -21.5% 128 46.1% 187

$296,393 1.4% $300,631 6.0% $318,561 -14.5% $272,250 -6.3% $254,967

$689,000 -2.4% $672,600 -15.3% $570,000 -19.3% $460,000 -0.9% $456,000

$119,000 2.9% $122,500 10.2% $135,000 22.2% $165,000 -47.0% $87,500

$279,700 -4.0% $268,500 -0.6% $267,000 -6.4% $250,000 -2.0% $245,000

0 N/A 0 N/A 0 N/A 0 N/A 0

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$11,842,125 -30.4% $8,246,670 -68.7% $2,583,480 -25.9% $1,914,000 149.4% $4,774,055

41 -56.1% 18 -61.1% 7 -14.3% 6 0.0% 6

351 -29.1% 249 3.6% 258 108.5% 538 -18.8% 437

$288,832 58.6% $458,148 -19.4% $369,069 -13.6% $319,000 149.4% $795,676

$475,000 173.7% $1,300,000 -65.4% $450,000 5.6% $475,000 734.4% $3,963,555

$165,000 29.7% $214,000 -11.2% $190,000 -21.1% $150,000 -63.3% $55,000

$283,500 33.7% $379,050 5.5% $400,000 -19.4% $322,500 -44.1% $180,250

0 N/A 2 -100.0% 0 N/A 0 N/A 1

homesites

2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011

price per sQuare foot comparison SINGLE-FAMILY/DUPLEX

2008

2009

2010

2011

HIGH

$478

$455

$379

$291

LOW

$205

$162

$152

AVERAGE

$301

$287

$249

CONDOMINIUM/TOWNHOME

2008

2009

2010

2011

HIGH

$486

$402

$298

$337

$106

LOW

$239

$197

$170

$120

$219

AVERAGE

$319

$294

$242

$228

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. ©2011 Slifer Smith & Frampton Real Estate

2011 six month slifer report

9


49 YeArs of hArD WorK pAYs off $240,818,119

$250

closeD Dollar volume June 30, 2010–June 30, 2011 $200

$179,574,823

$150 $112,034,831

$100 $38,929,675

$50

8

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$37,142,578

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$30,692,730

MILLIONS

$69,028,538

Based on Summit Association of Realtors MLS residential and land sold data from 6/30/10 through 6/30/11. Sell sides and list sides combined for totals. Includes closest competitors only.

Today’s real estate market can be extremely complicated. Now more than ever it is important that you work with the market experts. Slifer Smith & Frampton Real Estate has a 49-year perspective in Colorado mountain real estate and over 35 brokers in Summit County. Whether you are maximizing exposure to sell your home or seeking the best values in our resort market, clients across the globe trust Summit County’s leading real estate company.

Since 1962

sUmmitCoUntYreAlestAte.Com 10

2011 six month slifer report


summit county Real Estate

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-5A P.O. Box 38-K61 Keystone, CO 80435 Phone: (970)496-4522 Toll-free: (800)548-3307

The most trusted name in colorado mountain real estate for more than 45 years 2011 six month Slifer Report

11


one weBsite... every propert y in summit count y

S U M M IT C OU NT YR EA L E STATE .COM

Since 1962


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