The Gold Standard S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E
B R E C K E N R I D G E | C O P P E R M O U N TA I N | D I L L O N
LOOKING BACK ON SUCCESS BUT NEVER RESTING ON IT.
Most great success stories have humble beginnings. For the Founders of Slifer Smith & Frampton Real Estate, that story began in 1962 when Rod Slifer became the first real estate broker in Vail. Today they continue their legacy as innovative and forward thinking leaders of the #1 real estate company in Summit County and the Vail Valley.
Founders | (L to R) Mark Smith, Harry Frampton and Rod Slifer
F R I S C O | K E Y S T O N E | S I LV E R T H O R N E
OUR ROOTS |
IT BEGAN IN THE SIXTIES...
1962 Rod Slifer, ski instructor/Realtor, starts his one-man operation out of the lobby of the Lodge at Vail, selling properties for Vail Associates Real Estate.
1968
Rod Slifer opens his own brokerage, Slifer & Company, on Bridge Street. As Vail grows, so do Slifer & Company and Vail Associates Real Estate.
1983
Jim Flaum, a real estate veteran and former Navy pilot, becomes Vice President and Managing Broker of Vail Associates Real Estate.
1986 Harry Frampton and Mark Smith form East West Partners, the major force of the development of Beaver Creek Resort.
1988
Harry Frampton and Mark Smith open Frampton and Smith Real Estate, concentrating on the newly-formed Beaver Creek market.
1990
East West Partners expands development into Summit County, starting with the Ranch at Keystone, Reserve at Frisco, Main Street Junction, Main Street Station, and Water House under East West Real Estate.
1994
The two top dueling powers of Vail Valley real estate merge, forming Slifer Smith & Frampton Real Estate.
2004
Slifer Smith & Frampton opens two offices in Summit County, located at 117 S. Main Street and Keystone River Run Village.
2013
Slifer Smith & Frampton opens two additional offices, located on the north end of Main Street in Breckenridge and in Frisco.
2016
Slifer Smith & Frampton Real Estate opens an administrative office on Main Street, Frisco.
Today
Slifer Smith & Frampton remains a market leader in sales and technological innovations with nearly 50 brokers and 5 locations in Summit County.
LOCAL’S TIP: Franque Amundsen, Breckenridge 117 Office BRECKENRIDGE | GRAB A BITE CLOSE TO THE SLOPES- T BAR AT THE BASE OF PEAK 8 OR QUANDARY GRILLE AT THE BASE OF PEAK 9. LIVELOCALSUMMITCOUNTY.COM
SLIFER SMITH & FRAMPTON HAS BEEN A LEADER IN MOUNTAIN REAL ESTATE FOR MORE THAN 50 YEARS,
AND WE’RE JUST GET TING STARTED.
LOCAL MARKET LEADER 2016 OVERALL MARKET SHARE | TOP 10 COMPANIES Sold residential + land properties within Summit County, counting both listing and buy sides, from 01.01.16-12.31.2016
$400
$403 M
$343M
$300 $192M
$188M
$200
X A /M RE
O BR C E IA C TE K S
SSF
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$0
$80
$103M
$84M
M
TO
$77
$68M
M
TU
$100
IR
MILLIONS
$131M
2016 LUXURY MARKET SHARE | TOP 10 COMPANIES
$157 M
Sold residential + land properties over $1M within Summit County, counting both listing and buy sides, from 01.01.16-12.31.2016
$150
$97M
$100 $78M $67M
$51M
$50
LOCAL’S TIP: Jess Race, Breckenridge 211 Office BRECKENRIDGE | GO TO RELISH FOR HAPPY HOUR 3:30-5:00 FOR THE ESCARGOT - BEST IN TOWN!
LIVELOCALSUMMITCOUNTY.COM
CO L BA DW N EL KE L R
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21 RY TU EN C
$0
$20M
$19M
$16M
$9M
RE O SU F M TH M E IT
MILLIONS
$63M
SSF
THE POWER OF THE SSF NETWORK ONLY ACTION-ORIENTED, HIGHLY EXPERIENCED PROFESSIONALS ARE A PART OF SLIFER SMITH & FRAMPTON. WE’RE NOT JUST INDIVIDUALS, BUT A TEAM - A COLLABORATIVE GROUP OF BROKERS AND REAL
ESTATE EXPERTS THAT WORK TOGETHER TO COME UP WITH ORIGINAL IDEAS FOR YOU. BEYOND ANY OTHER
REAL ESTATE COMPANY IN THE REGION, WE HAVE THE LOCAL, GLOBAL AND DIGITAL CONNECTIONS THAT MAKE DEALS AND DREAMS HAPPEN. WE, TOO,
ARE ALWAYS THINKING ABOUT WHAT’S POSSIBLE.
THE TEAM BEHIND THE BROKERS WHEN YOU WORK WITH SLIFER SMITH & FRAMPTON REAL ESTATE, YOU ARE NOT ONLY GETTING THE BEST BROKERS IN SUMMIT COUNTY, YOU HAVE AN INCREDIBLE SUPPORT TEAM WORKING FOR YOU AS WELL INCLUDING FULL-TIME MARKETING, PHOTOGRAPHY, TECHNOLOGY AND IN-HOUSE CLOSING DEPARTMENTS.
33
• OFFICE COORDINATORS • MARKETING & ONLINE SPECIALISTS • TECHNICAL SUPPORT STAFF • IN-HOUSE CLOSING EXPERTS • PERSONAL ASSISTANTS
TEAM MEMBERS
SUPPORTING OUR BROKERS LOCAL’S TIP | Jill Dorr, Frisco Office DILLON | ENJOY THE CRISP FALL WEATHER AND GOLDEN ASPENS BY TAKING A BIKE RIDE AROUND LAKE DILLON.
LIVELOCALSUMMITCOUNTY.COM
SO THEY CAN SUPPORT YOU.
NOBODY MARKETS REAL ESTATE IN SUMMIT COUNTY BET TER THAN SLIFER SMITH & FRAMPTON.
MARKETING AT SLIFER SMITH & FRAMPTON WE KNOW THE VALUE OF MARKETING AND THE IMPORTANCE OF TECHNOLOGY IN THE PRESENT REAL ESTATE
ENVIRONMENT. THAT IS WHY WE HAVE A FULL-TIME, IN-HOUSE MARKETING AND TECHNOLOGY TEAM. WE BELIEVE THAT EACH LISTING WE REPRESENT DESERVES INDIVIDUALIZED ATTENTION AND
THEREFORE A CUSTOMIZED MARKETING PLAN.
MARKETING TOOLS REVIEW • #1 WEBSITE IN SUMMIT COUNTY • WEBSITE TOOLS FOR BUYERS & SELLERS • YOUR LISTING REPRESENTED ON OVER 500 WEBSITES • EXCLUSIVE PROFESSIONAL PHOTOGRAPHY • DIGITAL MARKETING • PRINT MARKETING • DIRECT MAIL MARKETING
EXCEEDING YOUR EXPECTATIONS
LOCAL’S TIP | Lauren Morrow, Frisco Office SUMMIT COUNTY | PERFECT SUMMER DAY AND NO PLANS? TAKE A STROLL ALONG THE BLUE RIVER IN BRECKENRIDGE, GO SAILING AROUND THE FRISCO BAY MARINA, OR CHECK OUT SOME LIVE MUSIC AT THE DILLON AMPHITHEATER.
photo by | Tripp Fay
LIVELOCALSUMMITCOUNTY.COM
MARKETING SUMMIT COUNTY’S #1 REAL ESTATE WEBSITE
95% *
OF HOME BUYERS SEARCH ONLINE DURING THEIR HOMEBUYING PROCESS.
WWW.SUMMITCOUNTYREALESTATE.COM receives, on average, a total of 279,190 page views per year.
Slifer Smith & Frampton’s award-winning website, SummitCountyRealEstate.com is the most highly-visited and nationally recognized real estate website in Summit County. It has been recognized and awarded by REAL Trends Website Rankings in several categories including Best Overall Website, Best Mobile and Best Map Search, among others. According to website ranking expert site Alexa.com, SummitCountyRealEstate.com is viewed by more people per day than any other local website.
*According to a study done by Google and the National Association of Realtors, 95% of home buyers searched online during their homebuying process.
POWERFUL ONLINE PRESENCE SLIFER SMITH & FRAMPTON’S WEBSITE AND ONLINE TOOLS WERE DESIGNED TO GIVE THE BEST USER EXPERIENCE
POSSIBLE, AND TO KEEP OUR VISITORS ENGAGED. ALL OF OUR WEBSITES ARE CREATED TO SEAMLESSLY WORK ON BOTH DESKTOP AND MOBILE DEVICES.
Some of our top features include: MY PLACE ACCOUNT • Our My Place account gives users access to online tools such as RealTime Property Alerts, Favorite Properties, My Market Snapshot and the ability to search all Sold Properties. MOBILE APP • Allows users to search on-the-go with features such as GPS-based map search. INDIVIDUAL PROPERTY WEBSITES • Every listing receives a custom property website showcasing its individual features, photos and video. SELLER REPORTS • SSF provides an email report outlining all marketing activity, showing feedback and online traffic information for your property.
EXPANSIVE WEBSITE EXPOSURE THE POWER OF THE INTERNET With over 95% of buyers starting their home search online, Slifer Smith & Frampton’s top priority is making sure that your home is easily searchable and found. Through our syndication program, your home is added to over 500 real estate websites within minutes of it being entered into the MLS. We have 2 full time E-business staff members available 7 days a week to efficiently reply to any inquiries on your listing.
Luxury Portfolio
Realtor.com
Juwai.com
zillow.com
The Wall Street Journal
Leading Real Estate Companies of the World
trulia.com
Summit Daily
YouTube.com
oodle.com
SEARCH ENGINE SYNDICATION PARTNERS ApartmentHunterz Apartments.com Century21 COLDWELL BANKER comcast ON DEMAND eppraisal.com Home Luxe List Home Winks HomeFinder.com Homes&Land HouseHunt.com HouseRentals.com houses.net Juwai.com LandAndFarm LeadingRE.com LifeandHomes LUXURY Real Estate nj.com OpenHousesAmerica.com PropertyShark.com REMAX Star Advertiser The Daily Herald vast wikiREALTY wsj.com
4DCasas ABODO AL ArgusLeader Media AL.com ALL ACRES altustimes.com Ames Tribune apartment list Assist2Sell Baltimore Jewish Life BidSelect blankslate.homes CareLogic RealQuest CLOSE2HOMES.com commercialappeal.con ConXGlobal Cruvita DOD HOUSING DwellAware eLookyLoo.com Examiner-Enterprise FindAPlace4Me FindTheBest FixFlip.com foreclosure.com FreedomSoft giudanceREALTY
Glossre GOLOCALProv.com Green Buyer Flyer gulflive.com HAR.com HarmonHomes Haute Residence HeraldDemocrat highdeserthousefinder.com HOME2.me homeadverts HomeBidz Homefacts HomePath Homes.com homes.DelGazette.com homes.DurantDemocrat homes.LaGrangeNews.com homes.limaohio.com homes.MyJournalCourier. homes.SedaliaDemocrat homes.thetelegraph.com homes.timesleader.com Homes.TroyDailyNews.com HomesPlusMonroe.com HomeSteps househappy
Housely hubdin hubzu HUD Seeker HudsonValley.com/Homes imageswork IMPACT investability jhpropertyguide.com kahping KWLS LakeHomesUSA.com Lands of America LandWatch learnmorenow.com LIFESTYLED liquidus listingvideos LotNetwork.com m LIVE Madison County HOMES MaineHomes.com MASS LIVE Missoulian movetube myNew Home NC West VirginiaRE
NestBuilder NewHomeSource NJ Property Tax openhouse OregonLive The Oregonian OrrstownBank PadTown PENN Live PilotOnline.com Pine Bluff Commercial PinPut Point2Homes PreApprovalLetter PropertyDigg Providence Journal PulseMailing RadPad RE605.com REAL-Buzz RealEstateCENTRAL REALSAVVY REALTY EXECUTIVES RealtyStore.com RealtyTrac Realy redefy registerguard.com
RentalRoost renthop RENTRANGE RGJ.com RJREALESTATE.Vegas SCILHOMES.com Seacoastonline.com SHOWINGSUITE.com silive.com skupit SouthernNewHomes.com THE HOUSING BLOCK The Real Estate Book TheCourier-Tribute TIMES RECORD USHUD.com VCSHOMES VHT STUDIOS VisualShows XILI xpressdocs ylopo Your Next Home ZippyListings zumper AND MORE...
NOTHING COMPARES TO THE EXPERTISE AND LOCAL KNOWLEDGE THAT A SLIFER SMITH & FRAMPTON BROKER CAN BRING TO YOU. photo by | Meredith Holt, SSF
MARKETING
SLIFER SMITH & FRAMPTON RETAINS RELATIONSHIPS
WITH A VARIETY OF WORLD-CLASS PROFESSIONAL PHOTOGRAPHERS, WHO CAPTURE THE ESSENCE OF
A HOME WITH STUNNING, EYE-CATCHING INTERIORS AND EXTERIORS OF RESIDENTIAL AND COMMERCIAL PROPERTIES. WORKING ONE-ON-ONE WITH EACH BROKER, THEY CREATE IMAGERY HIGHLIGHTING THE FINISHES, VIEWS, LAYOUT, AND LIVING AREAS OF EVERY LISTING.
FULL-TIME STAFF PHOTOGRAPHER In addition to our photography relationships, SSF retains an in-house photographer who is available to quickly and efficiently photograph listings. This allows your property to go live in the MLS as soon as possible.
DRONE PHOTOGRAPHER We also work with a high-end drone photographer/ videographer in order to show off every angle of the spectacular homes we represent.
LOCAL’S TIP: Rick Solomon, Keystone Office SUMMIT COUNTY HAS FREE BUSES TO ALMOST ANYWHERE YOU COULD POSSIBLY DESIRE TO GO. DITCH THE CAR AND FORGET ABOUT MANEUVERING THROUGH THE SNOW! LIVELOCALSUMMITCOUNTY.COM
PROFESSIONAL PHOTOGRAPHY
DIGITAL MARKETING
VIDEO Video sells, and homes with a video tour are proven to sell 40% faster. Our professional videographer will create smooth, high-quality footage to be shared with prospective buyers worldwide, allowing in-depth access to the property no matter where the buyer is located.
TELEVISION SSF is featured weekly on TV8’s “Summit Sunrise Live” - the most watched morning show in Summit County. During a 5-minute interview segment, properties are presented with broker commentary and professional photos, highlighting the features of your home to the local community.
3D VIRTUAL TOUR For properties at a certain level, Slifer Smith & Frampton offers an innovative and interactive 3D tour option. Using a camera made by Matterport, you can view the property as if you really were in the home. Explore the views from the private deck, see floorplans, go up and down stairs and have a 360-degree view of every room.
THE POWER OF STAYING CONNECTED SOCIAL MEDIA Social media plays a bigger role in everyday life than ever before. At SSF, we know how lucky we are to live in this beautiful county, and we like to share that through our social media outlets. We market the incredible lifestyle and show visitors how to #livelocal.
SPONSORSHIPS & EVENTS Slifer Smith & Frampton is an active supporter of a variety of community events and organizations in Summit County. We realize that in order to live local, we need to invest in the community which makes Summit County such a great place to live.
FEATURED EVENTS
VIP
Keystone Wine & Jazz Festival FIRC Fashion Show Lake Dillon Theatre Productions Keystone Bacon Festival Dancing with the Mountain Stars
LOCAL’S TIP | Carolyn Shutler, Frisco Office THERE ARE ALWAYS GREAT ACTIVITIES HAPPENING IN KEYSTONE’S RIVER RUN VILLAGE. JOIN SSF FOR OUR VIP PARTY DURING THE WINE AND JAZZ FESTIVAL.
LIVELOCALSUMMITCOUNTY.COM
Facebook.com/SummitCountyRE
SliferSummit Sponsorships & Events BLOG
LiveLocalSummitCounty.com
THE
SUMMIT COUNTY
GUIDE
THE POWER OF LOCAL MARKETING KEYSTONE | RED HAWK TOWNHOMES 2354
NOW SHOWING
$1,150,000 | 3-BED | 3-BATH | 1,841+/- SQ.FT. Michael Lytle | 970.390.9592
Upcoming Open Houses
1
2
KEYSTONE | 268 CARAVELLE DRIVE
$998,000 | 4-Bed | 3.5-Bath Chris Lankhorst | 970.389.0575 | chris@slifersummit.com
3
KEYSTONE 11 PORCUPINE COURT
$849,900 | 4-Bed | 3.5-Bath Chris Lankhorst | 970.389.0575 chris@slifersummit.com
BRECKENRIDGE SADDLEWOOD CONDOS 19 $1,399,000 | 3-Bed | 3-Bath Kate Brewer | 970.390.7058 kbrewer@slifersummit.com
FAIRPLAY 301 POLARIS ROAD
$749,000 | 4-Bed | 4.5-Bath Kate Brewer | 970.390.7058 kbrewer@slifersummit.com
1 KEYSTONE RIVER RUN TOWNHOMES OPEN DAILY | 10AM-1PM STARTING AT $969,900 | 3-BED | 3.5-BATH Chirs Lankhorst | 970.389.0575 chris@slifersummit.com 2 BRECKENRIDGE THE SHORES OPEN TODAY | 1-4PM 3-BED + DEN | 3.5-BATH Jonathan Nixon | 970.389.6777 jnixon@slifersummit.com
BRECKENRIDGE | BARTON CREEK RESERVE
SILVERTHORNE | 240 EASY BEND TRAIL
Priced under $300,000 | HOMESITES | 0.95 – 1.19 +/- ACRES Matt Dayton | 970.485.1167
$2,495,000 | 6-BED | 7.5-BATH | 8,182+/- SQ.FT. Dan Pins | 970.390.9590
3 BRECKENRIDGE 1051 RANGE ROAD OPEN JANUARY 15TH | 11AM-5PM $1,250,000 | 5-BED | 5.5-BATH Sarah Barclay | 970.401.4697 sbarclay@slifersummit.com
BRECKENRIDGE | 86 CUCUMBER PATCH $1,575,000 | 4-Bed | 3.5-Bath Joan Moats | 970.333.4470 | jmoats@slifersummit.com
OPEN DAILY
KEYSTONE | 243 GENTIAN ROAD
10:00–5:00 PM
$1,325,000 | 5-Bed | 6.5-Bath Karyn Contino | 970.390.9111 | kcotino@slifersummit.com
We live here, we work here, we play here. Find your place at:
SUMMITCOUNT YREALESTATE.COM
BRECKENRIDGE 211 N. Main Street 970.547.6000
BRECKENRIDGE 117 S. Main Street 970.453.9090
FRISCO 400 Main Street 970.668.1550
KEYSTONE River Run Village 970.496.4522
KEYSTONE | RIVER RUN TOWNHOMES
DILLON | 40 MULE DEER COURT
FRISCO | 980 LAKEPOINT DRIVE
STARTING AT $969,900 | 3-BED | 3.5-BATH | 2,101+/- SQ.FT. Chris Lankhorst | 970.389.0575
$1,195,000 | 5-BED | 4.5-BATH | 5,444+/- SQ.FT. Jeri Heminghous | 970.389.3989
$729,900 | 3-BED | 3-BATH | 1,500+/- SQ.FT. Jon Clark | 970.333.1541
One Website, Every Property in Summit County:
SUMMITCOUNT YREALESTATE.COM 4 OFFICES | 45 BROKERS Helping People LIVE LOCAL For Over 50 Years
AT SLIFER SMITH & FRAMPTON REAL ESTATE, WE SURVEY EVERY BUYER & SELLER WHICH HELPS US UNDERSTAND THAT MARKETING TO THE LOCALS AND VISITORS IS ONE OF THE MOST
POWERFUL AND EFFECTIVE TOOLS WE HAVE TO SELL YOUR HOME. WE ARE ABLE TO CAPTURE THE PROSPECTIVE BUYER AUDIENCE THROUGH LOCAL MEDIA OUTLETS INCLUDING BUT NOT LIMITED TO:
Summit Daily Newspaper Summit County Real Estate Book Mountain Homes Illustrated
HOME Magazine Colorado Summit Magazine Keystone Magazine
PORTFOLIO OF PROPERTIES CREATED BY SSF FOR YOU Our in-house professionally printed magazine features only Slifer Smith & Frampton listings and is exclusive to Slifer Smith & Frampton. The piece is inserted into the Summit Daily every Saturday throughout the year, with a local readership of about 12,000 on Saturdays. The magazine is also distributed to our offices and hotels in the resort markets for maximum exposure.
slifer smith & frampton
real estate
P o r t f o l i o o f s u m m i t co u n t y Pr o Pe r t i e s | september 3, 2016 - september 9, 2016
425K distributed annually
12K 280 High Park court | silverthorne 280 High Park Court | Silverthorne $2,894,000 | 4 Bedroom, 6 Bath $2,984,000,000 | 4-bedroom, 6-bath
Eric Klein | Frisco 970.333.0482 | eklein@slifersummit.com
inserted each Saturday in the Summit Daily
See inside front cover for more information.
See page 27 for more information.
LOCAL’S TIP: Grace Brookfield, Frisco Office ENJOY GORGEOUS VIEWS (AND A COCKTAIL) ON THE WATER TAXI FROM THE FRISCO MARINA TO THE DILLON TIKI BAR. BIKES AND DOGS ARE WELCOME! LIVELOCALSUMMITCOUNTY.COM
PRINT & DIRECT MAIL MARKETING POSTCARDS AND BROCHURES In addition to our local print marketing efforts, Slifer Smith & Frampton believes strongly in the power of direct mail marketing. With our partnership with XpressDocs, SSF creates professional postcards and brochures featuring our properties that are sent out to our extensive list of clients.
2016 MARKET SHARE |
1ST Quarter
Includes closed sales volume (residential + land) in Summit County, counting both listing and sell sides from January 1st-March 31st, 2016.
$68
M
© Slifer Smith & Frampton Real Estate. Equal Housing Opportunity. This is not intended to solicit property already listed.
(970)390-2269 mobile jeffmoore@slifersummit.com www.summitgetaways.com
$47.2M
PO Box 8740 Breckenridge, CO 80424
Jeff Moore, Managing Broker $36.9M
$23.2M
40 30 20
$1,995,000
10
• Main floor living X A
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SSF
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122 E m mEt t L o dE R o a d
P & AF TH FR O AT M H A S
0
Just Listed!
SOURCE: MLS Data
• Lofted office area
Western sky ranch Lot10
• Custom log accents
94 Lunar Lane
$11.1M
50
MILLIONS
$7.5M
Just Sold!
$9.7M
$9.3M
$27.8M
$25.5M
60
• Patio with hot tub • 3-car garage • .86+/- acreage • 5,170+/- sq. ft. • 4-bed/4.5-bath 31 Long Ridge Drive
Breckenridge, Colorado
280 HigH Park Court SILVERTHORNE
COLORADO
Breckenridge, Colorado 31 Long Ridge dRive
1354 Glenwild drive Breckenridge
240 Easy BEnd SILVERTHORNE
COLORADO
colorado
INSIDE EDGE SSF produces a newsletter called Inside Edge highlighting our favorite upcoming events for the season. This piece is sent out to our clients and allows us to keep in touch as their go-to for local knowledge. Market Snapshot | By Property Type
SUMMER 2016 IN THIS ISSUE >>
Real Estate Market Update Market Trends & Quick Facts
4-5
Summit County Development Update
6-7
SSF Company Updates
7
SUMMITCOUNT YREALESTATE.COM
YEAR TO DATE
Market Snapshot: Condominium
MAY 2015
MAY 2016
YEAR TO DATE
TRANSACTIONS
147
143
-3%
SALES VOLUME
$137.4M
$147.5M
7%
AVERAGE SALES PRICE
$934,740
$1,031,180
10%
AVERAGE SALES PRICE
$316
$323
2%
AVERAGE PRICE PER SQ.FT.
-2%
AVERAGE DAYS ON MARKET
Market Snapshot: Townhome & Duplex
MAY 2015
MAY 2016
YEAR TO DATE
TRANSACTIONS
246
274
11%
SALES VOLUME
$87.7M
$97.9M
$256,786
$379
Market Snapshot: Homesites
MAY 2015
MAY 2016
YEAR TO DATE
MAY 2015
MAY 2016
TRANSACTIONS
130
100
-23%
TRANSACTIONS
51
31
-39%
12%
SALES VOLUME
$71.8M
$65.6M
-9%
SALES VOLUME
$28.4M
$11M
-61%
$357,233
39%
AVERAGE SALES PRICE
$552,522
$654,667
18%
MEDIAN SALES PRICE
$555,889
$355,956
-36%
$378
0%
AVERAGE PRICE PER SQ.FT.
$301
$352
17%
AVERAGE SOLD VS LIST PRICE
91%
93%
2%
-32%
AVERAGE DAYS ON MARKET
-5%
AVERAGE DAYS ON MARKET
323
360
11%
8-9 10-11
Jeff Andrew | Keystone Mountain
I NSI DE EDGE
Calendar of Events
Market Snapshot: Single-Family
3
Market Watch
Find Your Adventure In Summit County
SLIFER SMITH & FR AMPTON REAL ESTATE
2
AVERAGE PRICE PER SQ.FT.
AVERAGE DAYS ON MARKET
News from the most trusted name in Colorado mountain real estate since 1962
4
|
169
IN S ID E E D GE
166
141
96
*Data gathered from Summit County MLS from January 1 – May 25 for each year.
How’s the market? It’s a question we’re asked often, and happy to answer. While the Summit County real estate market is flourishing, it also remains complex – impacted by factors like property type, season and the record low inventory. At Slifer Smith & Frampton Real Estate, educating our clients is a top priority. We are privileged that you look to us for in-depth market analysis, and for guidance if you have questions about the results.
110
SUMMER 2 0 1 6 | 5
MARKET TRENDS & QUICK FAC TS
Jack Affleck | Vail Resorts
Real Estate Market Update
116
Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Real Estate Broker for more information.
FROM THE PA S T 12 MO NTHS IN SUMMIT COUNT Y
1,949
97%
RESIDENTIAL PROPERTIES SOLD
SOLD PRICE VS LIST FOR A RESIDENTIAL PROPERT Y
$
Once you’ve spent time in Summit County, it’s easy to understand that the factors driving demand in our real estate market go beyond the numbers. It’s the unique quality of life, welcoming people and natural beauty that make Summit County an amazing place to ‘live local’. Inside you’ll find a calendar of the many fantastic events taking place this summer, sure to please the inner athlete, adventurer, artist, foodie or child in all of us.
5.675M
150
HIGHEST PRICED SINGLE-FAMILY HOME SOLD
$
SINGLE-FAMILY HOMES SOLD FOR OVER $1M
1.845M
10.5%
HIGHEST PRICED CONDOMINIUM SOLD
Summer in the Colorado Mountains is a special time and it always passes by too quickly. We at Slifer Smith & Frampton feel incredibly fortunate to call the Colorado Mountains our home, and to help so many people realize their dreams of mountain home ownership. We look forward to seeing you on trails, around town or in one of our four Summit County office locations this summer.
$
PERCENTAGE OF PROPERIES (LAND + RESIDENTIAL) SOLD FOR OVER $1M
2.84M
$
360
HIGHEST PRICED HOMESITE SOLD
AVG SALES PRICE PER SQUARE FOOT OF A RESIDENTIAL PROPERT Y
109
132
AVG DAYS TO SELL FOR A RESIDENTIAL PROPERT Y
HOMESITES SOLD
WANT TO KNOW HOW SUMMIT COUNTY REAL ESTATE MARKET PERFORMED LAST YEAR?
Find out in our annual, in-depth market report on Summit County real estate. The 2015 Slifer Report is now available at SummitCountyRealEstate.com. *Data gathered from Summit County MLS from May 26, 2015 – May 25, 2016. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Real Estate Broker for more information.
2 | IN SID E ED GE
SUMME R 2016 | 3
SLIFER REPORT The Slifer Report provides an in-depth look at the real estate market in Summit County. It is broken down by area so you can easily find out how your neighborhood market performed. BRECKENRIDGE
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$89,340,197
106
250
$842,832
$3,742,500
$200,000
$652,525
26
2013
$109,766,196
130
269
$844,355
$3,400,000
$275,000
$620,000
32
2014
$113,181,843
119
211
$951,108
$3,640,593
$225,000
$765,000
41
2015
$126,978,276
120
250
$1,058,152
$3,700,000
$228,000
$757,250
48
$120
$
$
109.8
$
$60
126.9
113.2
$90 $
$60
89.3
2012
2013
2014
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
95
323
$434,484
$995,000
$73,000
$410,000
0
2015
2016
130
212
$445,816
$1,775,000
$127,500
$403,000
9
2014
$66,209,906
140
222
$472,928
$1,900,000
$60,000
$409,950
6
2015
$78,092,030
148
174
$527,649
$2,665,000
$127,900
$425,090
12
$40
$20
126
100
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$7,868,990
23
530
$342,130
$865,000
$19,000
$231,500
0
$1M
2013
$12,082,050
31
455
$389,744
$2,100,000
$12,000
$215,000
2
$900,000 $800,000
2014
$7,711,750
24
577
$321,323
$1,000,000
$74,000
$258,250
1
2015
$29,076,999
49
398
$593,409
$10,250,000
$30,000
$325,000
6
106
130
2012
2013
119
120
2014
2015
2015
2016
HIGH:
$790
$710
$833
$825
LOW:
$88
$121
$78
$117
2014
140
$ $
1.12M
2015
2016
HIGH:
$1,038
$1,160
$1,209
$925
$300
LOW:
$126
$182
$157
$234
$250
150
2015
2016
95
50
2012
2013
2014
$500,000
1.06M
$
$
842,832
2012
$
$
527,649 $
951,108
$400,000
$
434,484
$
472,928
499,587
445,816
844,355
2013
2014
2015
$300,000
2016
2012
2013
2014
2015
2016
MULTI -FAMILY AVER AGE PRICE/SQ .FT.
MULTI-FAMILY/AVERAGE PRICE/SQ.FT. $500
492
$
$350
2014
148
$600,000
$1.1M
$700,000
CONDOMINIUM/ TOWNHOME
2016
MULTI -FAMILY AVER AGE SALES PRICE MULTI-FAMILY AVERAGE SALES PRICE
$1.2M
2013
2015
130
2016
$400
SINGLE- FAMILY/DUPLE X 2014
74.9
100
SINGLE-FAMILY/DUPLEX AVER AGE PRICE/SQ .FT. SINGLE-FAMILY/AVERAGE PRICE/SQ.FT.
2013
2013
$
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
$
41.3
2012
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE SINGLE-FAMILY AVERAGE SALES PRICE
HOMESITES
S U M M I T C O U N T Y R E A L E S TAT E .C O M
$
$30
78.1
66.2
57.9
150
120
80
$ $
$50
MULTI -FAMILY TR ANSAC TION VOLUME MULTI-FAMILY TRANSACTION VOLUME
140
TRANSACTIONS
SALES VOLUME
$41,275,990
$
$70
141.7
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME SINGLE-FAMILY TRANSACTION VOLUME
$57,956,099
2013
$80 $
CONDOMINIUM/ TOWNHOME
2012
MULTI -FAMILY SALES VOLUME MULTI-FAMILY SALES VOLUME
$150
MILLIONS
SALES VOLUME
SINGLE-FAMILY/DUPLEX SALES VOLUME SINGLE-FAMILY SALES VOLUME
TRANSACTIONS
SUMMIT COUNT Y REAL ESTATE 2016 SIX MONTH MARKET REVIEW
BRECKENRIDGE S I N G L E - FA M I LY/ D U P L E X
MILLIONS
T HE SLIFER R EPORT
342
$
317
$
283
$
2013
2014
2015
$450
353
$
$400
2016
463
$
432
$
$
2013
2014
425
2015
2016
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. ©2016 Slifer Smith & Frampton Real Estate
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. ©2016 Slifer Smith & Frampton Real Estate
2016 S I X M O N T H SL I FE R R E P O R T
2016 S I X M O N T H SL I FE R R E P O R T
4
5
INTERNATIONAL
MARKETING & AFFILIATIONS
Slifer Smith & Frampton has an exclusive affiliation with Leading Real Estate Companies of the World®, the largest global network of premier locally branded companies dominated by the most powerful independent brokerages. The affiliation gives our company and brokers world class tools and resources to expand our reach on both a national and global level. With affiliate members in over 50 countries, we have connections in all corners of the world with firms who are leaders in the markets they serve.
LOCAL
COMPANY,
GLOBAL
REACH.
Based in the United States, Luxury Portfolio International® is backed by the experience of the most well-respected and well-known experts in luxury real estate markets worldwide encompassing 120,000 associates producing $351 billion in annual home sales in over 50 countries. With more market-leading independent real estate brands than any network, members are recognized for their expertise and superior competence in both local and global markets.
$400
MORE U.S. HOME SALES VOLUME IN 2015 THAN ANY NATIONAL REAL ESTATE BRAND
$350 $351B
S SO TH EB Y’
B H ER AT K H SH AW IR AY E
21 RY CE N TU
K IL EL LI LE AM R S
SSF
W
$0
$98B $52B
CO L BA DW N EL KE L R
$50
$113B
X
BILLIONS
$100
A
$150
$262B $208B
/M
$200
$265B
RE
$250
SLIFER SMITH & FRAMPTON REAL ESTATE/ Leading Real Estate Companies of the World
$300
YOUR
COLORADO CONNECTION VAIL VALLEY
18 VA I L
OFFICES |
112
LIONSHEAD
|
BROKERS
MINTURN
|
E A G L E VA I L
BEAVER CREEK | MOUNTAIN STAR | AVON & WILDRIDGE BACHELOR GULCH | ARROWHEAD | SINGLETREE | EDWARDS LAKE
|
CORDILLERA
|
RED
SKY
RANCH
WOLCOTT & BELLYACHE RIDGE | EAGLE | GYPSUM
VAILREALESTATE.COM
FRONT RANGE
CREEK
21
OFFICES
743
BROKERS
DENVER
BOULDER
FORT COLLINS
COLORADO SPRINGS
SSF FAMILY OF COMPANIES
LOCAL’S TIP: Lauren Knaps, Keystone Office BRECKENRIDGE | A NOT TO MISS EVENT IS THE INTERNATIONAL SNOW SCULPTURE CHAMPIONSHIP, WHERE TEAMS FROM ALL OVER THE WORLD HAVE 65 HOURS TO CREATE THE BEST SNOW SCULPTURE FROM A 12-FOOT TALL BLOCK OF SNOW!
LIVELOCALSUMMITCOUNTY.COM
LIVE LOCAL, GIVE LOCAL AT SLIFER SMITH & FRAMPTON REAL ESTATE, WE KNOW THE IMPORTANCE OF GIVING BACK TO THE COMMUNITY. INVESTING IN OUR COMMUNITY IS A FUNDAMENTAL PART OF WHAT MAKES SUMMIT COUNTY A GREAT PLACE TO LIVE AND THROUGH OUR SSF FOUNDATION, WE COULDN’T BE MORE EXCITED ABOUT BEING A SUPPORTER OF A VARIETY OF LOCAL ORGANIZATIONS.
SSF is doing some amazing things and we are so grateful to be a part of your community impact! -KEYSTONE SCIENCE SCHOOL
You guys are so generous with the community and we are so grateful to you! -THE CYCLE EFFECT
The SSF Foundation raises $5,000 in the Brokerage Battle Fundraising Challenge
Friends of the Dillon Ranger District Youth Stewards Building Trail
Group Hug at The Summit (Keystone Science School - Campership Program Changes Lives)
SSFFOUNDATIONSUMMIT.ORG
OVER THE PAST DECADE, SLIFER SMITH & FRAMPTON
$1.8M HAS GIVEN OVER
Our Charitable Contributions
IN DONATIONS
Advocates for Victims of Assault Boy Scouts of America Blue River Horse Center Breckenridge Music Festival Breckenridge Outdoor Education Center (BOEC) Continental Divide Land Trust Domus Pacis Family Respite Education Foundation of the Summit Family & Intercultural Resource Center (FIRC) Far View Horse Rescue Father Dyer Food Pantry Friends of the Dillon Ranger District High Country Conservation Center Keystone Neighborhood Company Keystone Science School League for Animals & People of the Summit (L.A.P.S.) Mountain Top Children’s Museum National Repertory Orchestra SOS Outreach St. Anthony’s Medical Center Summit Community Care Clinic Summit High School Summit Nordic Ski Club Summit Youth Hockey The Cycle Effect The Lake Dillon Theatre Company The Summit Foundation Timberline Learning Center Trout Unlimited - Gore Range Chapter
SSFFOUNDATIONSUMMIT.ORG
TO LOCAL ORGANIZATIONS.
SUMMIT COUNTY AT A GLANCE AT SLIFER SMITH & FRAMPTON REAL ESTATE, WE HAVE MORE OFFICE LOCATIONS THAN ANY OTHER REAL ESTATE FIRM IN THE COUNTY, COMPREHENSIVE
PRINT AND ONLINE MEDIA MARKETING AND OVER 45 FULL-TIME BROKERS AND DEDICATED STAFF.
5 OFFICES
REPRESENTING YOUR LISTING BRECKENRIDGE | 2 locations >>> FRISCO | 2 locations
>>>
117 S. Main Street | 970.453.9090
400 Main Street | 970.668.1550
211 N. Main Street | 970.547.6000
400 Main Street, Admin Office | 970.668.1550
KEYSTONE River Run Village | 970.547.7960
To Kremmling
9
SSF OFFICES
O
SKI RESORT
RE
RA
N
G
9
E To Denver
70
Arapahoe Basin
Silverthorne
6
Keystone Montezuma
Frisco To Vail & Grand Junction
9
70
Breckenridge
TEN MI LE RAN GE
G
Copper Mountain
91
Blue River 9
To Leadville To Fairplay
We live here, We work here, We play here. Find your place at:
W W W.SUMMITCOUNTYREALESTATE. COM
Broker Open House | Mixing business and fun is encouraged when there are views like this.
Denver Training | The Eagle and Summit County corporate teams traveled to Denver for a training with our website developers.
SSF Foundation Ski Day | Top donors hit the slopes in celebration of a successful year of fundraising.
Introducing the new Frisco Office | The SSF team celebrates the opening of the new Frisco Admin office with a company mixer.
OC Ski Day | Summit County Office Coordinators enjoy some team bonding and turns.
We live here, We work here, We play here. #livelocal
S U M M I T C O U N T Y R E A L E S TAT E . C O M