T he Slifer R eport SUMMIT COUNT Y REAL ESTATE 2016 ANNUAL MARKET REVIEW
TA B L E O F C O N T E N T S Introduction............................................... 2 Summit County Overview......................3-4 Breckenridge..........................................5-6 Copper Mountain................................... 7-8 Dillon.................................................... 9-10 Frisco................................................... 11-12 Keystone..............................................13-14 Silverthorne.........................................15-16 Market Share........................................... 17 SSF Office Information............................ 18
S U M M I T C O U N T Y R E A L E S TAT E .C O M
S
lifer Smith and Frampton Real Estate is fortunate to have called the Colorado Mountains home for over 50 years and we proudly consider ourselves experts in local mountain real estate. To keep you well informed in this dynamic marketplace, The Slifer Report offers a comprehensive look into market performance in each of our unique Summit County mountain towns: Breckenridge, Copper Mountain, Dillon, Frisco, Keystone and Silverthorne. We invite you to find out how your neighborhood market performed this past year. With residential and land sales volume surpassing the $1 billion mark for the second year in a row, 2016 was a year of conservative growth for Summit County Real Estate. Year-over-year growth in sales volume slightly outpaced growth in transactions, pushing values upward. County-wide, average sales price rose 2.5%, averaging $563,580 per sale. Gains were seen in average sales price across all communities, in most market segments including singlefamily homes, multi-family homes and homesites. Falling inventory is likely a factor in rising values, as availability of properties for sale continues on a downward trend. The local real estate market is healthy, and Slifer Smith & Frampton is proud to be the #1 real estate brokerage in Summit County. With $402.5 million in residential and land transactions last year, our knowledgeable team of brokers helped clients sell more mountain real estate than any other brokerage in Summit County. Slifer Smith & Frampton also takes pride in being the leading brokerage for marketing and selling luxury properties of $1 million and up, having sold $60 million more in luxury sales than our next closest competitor. We realize we would not be the #1 real estate brokerage without the trust of our clients, and thank you for the opportunity to earn your business. We are here to help clients fulfill their dreams of ownership in the mountains, and welcome you to come in and see us at one of our four conveniently located offices in Frisco, Keystone and Breckenridge. We look forward to assisting you with your 2017 real estate needs.
Best Regards,
Jeff Jeff Moore Managing Broker, Summit County Slifer Smith & Frampton Real Estate
*
*
Data gathered from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed.
Data gathered from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed.
Cover photo courtesy of Slifer Smith & Frampton, Meredith Holt
2 016 S U M M I T C O U N T Y OV E R V I E W TRANSACTION VOLUME COMPARISON 3000 2,888
2500
2,459
NUMBER OF TRANSACTIONS
2000
2,107
2,103
2015
2016
1,804 1,634
1500
1,430
1,352
1000
985
1,092
1,195
500
0
2006
2007
2008
2009
2010
2011
2012
2013
2014
SALES VOLUME COMPARISON $1.4B 1.31B
$
1.28B
$
$1.2
B
1.15B
$
1.19B
$
$1.0B 910.5
$
$800
M
815.2
$
795.2
$
718.9
MILLIONS-BILLIONS
$
$600M
597.8
$
584.5
$
$
2009
2010
2011
594.0
$400M $200M $0
2006
2007
2008
2012
2013
2014
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 3
2 016 S U M M I T C O U N T Y OV E R V I E W AVERAGE SALES PRICE HISTORY $700,000 $650,000 602,965
$
593,469
$
$600,000
549,937
$
547,456
$
$550,000
534,056
$
563,580
$
502,766
$
$500,000
505,018
$
497,153
$
486,697
$
$450,000 443,563
$
$400,000 $350,000 $300,000
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
ACTIVE INVENTORY BY MONTH 3,000 2,750
2,582
2,500 2,223 2,072
2,000 1,747
1,750 1,837 1,500 1,250
1,687
1,657 1,487
1,271 1,348 1,188
1,000
1,001
750
712
500
551
Ja n ‘1 0 Ap r‘ 10 Ju l‘ 10 O ct ‘1 0 Ja n ‘1 1 Ap r‘ 11 Ju l‘ 11 O ct ‘1 1 Ja n ‘1 2 Ap r‘ 12 Ju l‘ 12 O ct ‘1 2 Ja n ‘1 3 Ap r‘ 13 Ju l‘ 13 O ct ‘1 3 Ja n ‘1 4 Ap r‘ 14 Ju l‘ 14 O ct ‘1 4 Ja n ‘1 5 Ap r‘ 15 Ju l‘ 15 O ct ‘1 5 Ja n ‘1 6 Ap r‘ 1 Ju 6 l‘ 16 O ct ‘1 6 Ja n ‘1 7
NUMBER OF RESIDENTIAL & LAND PROPERTIES LISTED
2,250
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 4
BRECKENRIDGE S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$235,856,451
269
228
$876,790
$5,570,130
$150,000
$675,000
70
2013
$239,480,646
293
227
$817,340
$3,400,000
$195,000
$660,000
73
2014
$285,782,322
298
211
$959,001
$3,640,593
$210,000
$762,500
104
2015
$313,011,605
302
209
$1,036,462
$3,900,000
$239,000
$762,000
108
2016
$355,232,281
321
124
$1,106,643
$5,675,000
$195,000
$860,000
127
CONDOMINIUM/ TOWNHOME SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$110,305,596
272
279
$405,535
$1,280,000
$73,000
$350,000
5
2013
$149,433,128
344
209
$434,399
$1,930,000
$110,000
$362,500
18
2014
$158,229,974
344
198
$459,971
$1,900,000
$50,000
$410,500
13
2015
$227,895,222
430
182
$529,989
$2,665,000
$127,900
$426,500
37
2016
$185,625,578
356
102
$521,420
$2,195,000
$100,000
$436,500
20
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$26,110,000
70
427
$373,000
$2,550,000
$15,000
$177,000
6
2013
$25,625,495
68
498
$376,846
$2,350,000
$12,000
$230,000
4
2014
$26,603,250
72
458
$369,490
$1,598,000
$35,000
$242,000
5
2015
$43,647,749
97
344
$449,847
$10,250,000
$30,000
$254,000
8
2016
$31,822,750
83
310
$383,407
$1,800,000
$15,000
$297,000
5
HOMESITES
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 SINGLE- FAMILY/DUPLE X 2013
2014
2015
2016
HIGH:
$790
$779
$833
$942
LOW:
$88
$121
$80
AVERAGE:
$294
$331
$346
CONDOMINIUM/ TOWNHOME 2013
2014
2015
2016
HIGH:
$1,124
$1,226
$1,220
$1,168
$90
LOW:
$126
$182
$157
$229
$358
AVERAGE:
$416
$344
$475
$505
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 5
BRECKENRIDGE SINGLE-FAMILY/DUPLEX SALES VOLUME SINGLE-FAMILY SALES VOLUME
MULTI -FAMILY SALES VOLUME MULTI-FAMILY SALES VOLUME
$400
$250 $
$300
$
$
$200
$
235.8
285.7
2012
239.4
2013
2014
2015
$100
149.4
110.3
2012
2013
2014
2015
2016
500
280
321
302
298
293
269
210 140 70 0
2012
2013
2014
2015
375 250
344
344
2013
2014
430
430 356
2015
2016
272
125
2016
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE SINGLE-FAMILY AVERAGE SALES PRICE
2012
MULTI -FAMILY AVER AGE SALES PRICE MULTI-FAMILY AVERAGE SALES PRICE
$1,200,000
$600,000 $ $
$ $
876,790
$
959,001
1,036,462
1,106,643
$
$400,000
817,340
$400,000
$
405,535
$
434,399
$
529,989
$
521,420
459,971
$200,000
2012
2013
2014
2015
$0
2016
SINGLE-FAMILY/DUPLEX AVER AGE PRICE/SQ .FT. SINGLE-FAMILY/AVERAGE PRICE/SQ.FT.
2012
2013
2014
2015
MULTI -FAMILY AVER AGE PRICE/SQ .FT.
$500 475
$
331
$
$300
346
$
358
$
$350
416 344
$
294 2014
2015
$200
2016
505
$
$
$
2013
2016
MULTI-FAMILY/AVERAGE PRICE/SQ.FT.
$400
$200
185.6
158.2
MULTI -FAMILY TR ANSAC TION VOLUME MULTI-FAMILY TRANSACTION VOLUME
TRANSACTIONS
TRANSACTIONS
$
$0
2016
350
$0
$
$
$50
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME SINGLE-FAMILY TRANSACTION VOLUME
$800,000
227.8 $
$150
$100 $0
$
$200
MILLIONS
MILLIONS
$
313
355.2
2013
2014
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 6
COPPER MOUNTAIN S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$1,700,000
1
301
$1,700,000
$1,700,000
$1,700,000
$1,700,000
1
2013
$3,650,000
2
926
$1,825,000
$1,900,000
$1,750,000
$1,825,000
2
2014
$3,990,000
2
646
$1,995,000
$2,300,000
$1,690,000
$1,995,000
2
2015
$0
0
n/a
n/a
n/a
n/a
n/a
0
2016
$1,420,000
1
1204
$1,420,000
$1,420,000
$1,420,000
$1,420,000
1
CONDOMINIUM/ TOWNHOME SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$13,634,360
41
362
$332,545
$832,000
$129,900
$348,000
0
2013
$18,342,100
52
370
$352,733
$1,125,000
$138,000
$303,000
2
2014
$24,781,595
72
321
$344,189
$889,200
$80,000
$320,000
0
2015
$34,820,250
98
328
$355,309
$868,150
$100,000
$344,000
0
2016
$34,843,300
94
173
$370,673
$1,195,000
$112,000
$342,250
1
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$1,850,000
2
49
$925,000
$1,200,000
$650,000
$925,000
1
2013
$1,712,000
2
328
$856,000
$912,000
$800,000
$856,000
0
2014
$0
0
n/a
n/a
n/a
n/a
n/a
0
2015
$1,025,000
1
492
$1,025,000
$1,025,000
$1,025,000
$1,025,000
1
2016
$1,920,000
2
912
$960,000
$970,000
$950,000
$960,000
0
HOMESITES
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 SINGLE- FAMILY/DUPLE X 2013
2014
2015
2016
HIGH:
$479
$514
n/a
$425
LOW:
$350
$460
n/a
AVERAGE:
$415
$487
n/a
CONDOMINIUM/ TOWNHOME 2013
2014
2015
2016
HIGH:
$555
$555
$562
$590
$425
LOW:
$170
$197
$198
$218
$425
AVERAGE:
$359
$369
$381
$418
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 7
COPPER MOUNTAIN SINGLE-FAMILY/DUPLEX SALES VOLUME SINGLE-FAMILY SALES VOLUME
MULTI -FAMILY SALES VOLUME MULTI-FAMILY SALES VOLUME
$5
$40 $ $
MILLIONS
$3
3.6
$2 $
$1
1.7
$
1.4
N/A
$0
2012
2013
2014
2015
$
$0
1
TRANSACTIONS
TRANSACTIONS
2
2
1
1 N/A
0
2012
2013
2014
2015
$ $
$1.5
1.7
$
1.8
2016
2012
2013
2014
0
$300,000
2014
2015
2014
2016
332,545
352,733
$
$
$
344,189
355,309
2012
2013
2014
2015
425
$
2016
418
$
359
$
$300
$250 N/A
2015
370,673
MULTI -FAMILY AVER AGE PRICE/SQ .FT.
$400
487
$
MULTI-FAMILY/AVERAGE PRICE/SQ.FT.
$
2014
$
$0
2016
SINGLE-FAMILY/DUPLEX AVER AGE PRICE/SQ .FT. SINGLE-FAMILY/AVERAGE PRICE/SQ.FT.
2013
2013
1.4
N/A
415
2012
$400,000
$100,000
$
2015
41
20
$0.5
$500
94
52
40
$200,000
2013
98 72
60
$1.0
2012
2016
MULTI -FAMILY AVER AGE SALES PRICE MULTI-FAMILY AVERAGE SALES PRICE
1.9 $
$0.0
2015
18.3
13.6
80
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE SINGLE-FAMILY AVERAGE SALES PRICE $2.0
34.8
24.7
100
2
$
MULTI -FAMILY TR ANSAC TION VOLUME MULTI-FAMILY TRANSACTION VOLUME
3
MILLIONS
$
$10
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME SINGLE-FAMILY TRANSACTION VOLUME
$0
$
$20
2016
34.8
$
$30
3.9
MILLIONS
$4
$200
2016
2013
369
$
2014
381
$
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 8
DILLON S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$35,074,040
66
160
$531,425
$1,475,000
$200,000
$445,000
3
2013
$37,610,925
70
136
$537,299
$1,300,000
$222,000
$372,000
4
2014
$34,598,475
65
157
$532,284
$1,210,000
$275,000
$455,000
2
2015
$43,183,100
70
162
$616,901
$1,138,500
$340,000
$574,500
2
2016
$41,343,317
63
64
$656,243
$1,650,000
$310,000
$630,000
6
CONDOMINIUM/ TOWNHOME SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$19,197,450
87
176
$220,660
$687,500
$78,000
$179,000
0
2013
$23,183,695
99
147
$234,179
$765,000
$79,000
$215,000
0
2014
$32,327,320
122
121
$264,978
$728,000
$74,000
$250,000
0
2015
$38,054,660
139
98
$273,775
$679,000
$102,000
$264,000
0
2016
$39,748,146
149
25
$266,766
$838,500
$116,000
$225,000
0
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$1,179,900
7
339
$168,557
$325,000
$96,000
$114,900
0
2013
$913,450
7
626
$130,493
$166,000
$82,000
$141,000
0
2014
$687,000
5
546
$137,400
$155,000
$103,000
$145,500
0
2015
$879,750
5
509
$175,950
$215,000
$155,000
$162,500
0
2016
$759,000
5
116
$1,518,000
$189,000
$125,000
$145,000
0
HOMESITES
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 SINGLE- FAMILY/DUPLE X 2013
2014
2015
2016
HIGH:
$332
$337
$368
$445
LOW:
$101
$137
$114
AVERAGE:
$228
$227
$234
CONDOMINIUM/ TOWNHOME 2013
2014
2015
2016
HIGH:
$408
$420
$450
$508
$167
LOW:
$122
$144
$155
$200
$263
AVERAGE:
$236
$252
$271
$303
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 9
DILLON SINGLE-FAMILY/DUPLEX SALES VOLUME SINGLE-FAMILY SALES VOLUME
MULTI -FAMILY SALES VOLUME MULTI-FAMILY SALES VOLUME
$50
$40 $
$40
$ $
37.6
$
$
41.3
$30
$20 $10 $0
2012
2013
2014
2015
32.3
$
23.1
19.1
$10 $0
2016
2012
2013
2014
2015
2016
MULTI -FAMILY TR ANSAC TION VOLUME MULTI-FAMILY TRANSACTION VOLUME
80
160 70
65
63
TRANSACTIONS
70
66
60
TRANSACTIONS
$
$20
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME SINGLE-FAMILY TRANSACTION VOLUME
40 20 0
2012
2013
2014
2015
2016
149
139
120
122
80
99
87
40 0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE SINGLE-FAMILY AVERAGE SALES PRICE
2012
2013
2014
2015
2016
MULTI -FAMILY AVER AGE SALES PRICE MULTI-FAMILY AVERAGE SALES PRICE $300,000
$700,000 $
$525,000
$
39.7
34.5
MILLIONS
MILLIONS
$30
$
35
43.1
$
38.1
$
531,425
$
537,299
$
616,901
$
656,243
$
532,284
$200,000
$
220,660
$
$
264,978
273,775
$
266,766
234,179
$350,000
$100,000
$175,000 $0
2012
2013
2014
2015
$0
2016
SINGLE-FAMILY/DUPLEX AVER AGE PRICE/SQ .FT. SINGLE-FAMILY/AVERAGE PRICE/SQ.FT. $260 $230
2012
2014
2015
MULTI -FAMILY AVER AGE PRICE/SQ .FT.
MULTI-FAMILY/AVERAGE PRICE/SQ.FT.
$300 228
234
$
227
$
303
$
$250
2014
2015
$200
2016
271
$
236
$
2013
2016
$350
263
$
$
$200
2013
2013
252
$
2014
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 10
FRISCO S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$24,786,583
36
271
$688,516
$1,225,000
$271,900
$628,500
4
2013
$34,354,711
48
186
$715,723
$1,435,069
$350,000
$713,000
4
2014
$26,863,477
40
207
$671,587
$1,200,000
$345,000
$678,500
1
2015
$60,712,196
71
140
$855,101
$2,700,000
$315,000
$750,000
13
2016
$43,183,579
52
52
$830,453
$1,700,000
$370,000
$772,750
12
CONDOMINIUM/ TOWNHOME SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$45,631,143
122
221
$374,026
$840,000
$125,000
$359,000
0
2013
$41,357,603
112
163
$369,264
$854,000
$130,000
$349,000
0
2014
$59,857,410
140
164
$427,553
$1,100,000
$157,000
$405,000
1
2015
$67,452,370
152
144
$443,766
$1,000,000
$162,000
$408,250
1
2016
$71,875,368
139
45
$517,908
$1,064,500
$200,000
$455,000
5
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$2,020,000
7
494
$288,571
$470,000
$165,000
$280,000
0
2013
$1,549,000
5
401
$309,800
$380,000
$188,000
$370,000
0
2014
$1,183,000
5
520
$236,600
$299,000
$140,000
$250,000
0
2015
$2,634,900
9
538
$292,767
$400,000
$149,900
$355,000
0
2016
$2,524,900
7
352
$360,700
$460,000
$180,000
$415,000
0
HOMESITES
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 SINGLE- FAMILY/DUPLE X 2013
2014
2015
2016
HIGH:
$833
$605
$938
$572
LOW:
$193
$204
$194
AVERAGE:
$319
$308
$349
CONDOMINIUM/ TOWNHOME 2013
2014
2015
2016
HIGH:
$512
$488
$530
$577
$249
LOW:
$188
$206
$211
$238
$364
AVERAGE:
$298
$332
$359
$404
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 11
FRISCO SINGLE-FAMILY/DUPLEX SALES VOLUME SINGLE-FAMILY SALES VOLUME
MULTI -FAMILY SALES VOLUME MULTI-FAMILY SALES VOLUME $80
$70 $60
$
$50
60.7 $
$ $
$20
43.2
34.3 $
24.7
MILLIONS
MILLIONS
$40 $30
26.8
$10 $0
2012
2013
2014
2015
$0
$
41.3
2012
2013
2014
2015
2016
200 71
60
52
48
40
TRANSACTIONS
TRANSACTIONS
45.6
59.8
71.8
MULTI -FAMILY TR ANSAC TION VOLUME MULTI-FAMILY TRANSACTION VOLUME
40
36 20 0
2012
2013
2014
2015
150 100
2016
152
140
122
112
2012
2013
0
2014
2015
$500,000 $
688,516
$
715,723
$
855,101
$
2016
MULTI -FAMILY AVER AGE SALES PRICE MULTI-FAMILY AVERAGE SALES PRICE
$900,000 $
139
50
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE SINGLE-FAMILY AVERAGE SALES PRICE 830,453
$
$400,000
$ $
671,587
$300,000
$450,000
374,026
$
$
427,553
517,908
443,766
369,264
$200,000
$225,000
$100,000
$0
2012
2013
2014
2015
$0
2016
SINGLE-FAMILY/DUPLEX AVER AGE PRICE/SQ .FT. SINGLE-FAMILY/AVERAGE PRICE/SQ.FT.
2012
2013
2014
2015
MULTI -FAMILY AVER AGE PRICE/SQ .FT.
$400 349
$
319
$
2013
364
359
$
$300
308
2015
404
$
$
$
2014
2016
MULTI-FAMILY/AVERAGE PRICE/SQ.FT.
$400
$200
$
$
67.4
$20
2016
80
$300
$
$40
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME SINGLE-FAMILY TRANSACTION VOLUME
$675,000
$
$60
$200
2016
332
$
298
$
2013
2014
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 12
KEYSTONE S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$28,821,750
30
431
$960,725
$2,600,000
$290,000
$871,500
11
2013
$21,198,749
22
265
$963,580
$1,899,999
$315,000
$995,000
10
2014
$14,558,300
20
296
$727,915
$1,550,000
$468,000
$715,000
2
2015
$37,055,700
37
257
$1,001,505
$3,050,000
$440,000
$875,000
14
2016
$39,098,050
35
155
$1,117,087
$2,450,000
$560,000
$925,000
13
CONDOMINIUM/ TOWNHOME SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$57,939,049
166
215
$349,030
$1,100,000
$100,000
$302,000
1
2013
$64,299,000
196
216
$328,056
$1,049,000
$25,100
$290,000
1
2014
$79,458,450
247
234
$321,694
$1,700,000
$26,500
$283,000
1
2015
$95,913,849
269
174
$356,557
$1,778,800
$28,000
$303,000
5
2016
$94,246,273
257
57
$366,717
$1,065,000
$117,000
$340,000
1
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$2,296,300
10
304
$229,630
$375,000
$152,100
$209,250
0
2013
$1,295,000
7
153
$185,000
$330,000
$140,000
$157,500
0
2014
$2,784,000
9
744
$309,333
$475,000
$110,000
$320,000
0
2015
$1,857,500
7
440
$265,357
$420,000
$80,000
$267,500
0
2016
$1,775,500
5
345
$355,100
$569,000
$180,000
$335,000
0
HOMESITES
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 SINGLE- FAMILY/DUPLE X 2013
2014
2015
2016
HIGH:
$445
$398
$606
$517
LOW:
$186
$164
$179
AVERAGE:
$293
$300
$313
CONDOMINIUM/ TOWNHOME 2013
2014
2015
2016
HIGH:
$621
$785
$780
$610
$179
LOW:
$126
$132
$140
$79
$327
AVERAGE:
$303
$310
$338
$374
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 13
KEYSTONE SINGLE-FAMILY/DUPLEX SALES VOLUME SINGLE-FAMILY SALES VOLUME
MULTI -FAMILY SALES VOLUME MULTI-FAMILY SALES VOLUME
$40 $
$
37.1
$100
39.1
$
$30
$75
28.8
$
$20
$
21.1 $
$10 $0
2012
2013
MILLIONS
MILLIONS
$
14.5
2014
2015
$0
79.4
64.2
2012
2013
2014
2015
2016
300 37
30
TRANSACTIONS
TRANSACTIONS
94.2
MULTI -FAMILY TR ANSAC TION VOLUME MULTI-FAMILY TRANSACTION VOLUME
35
30
20
22
20
10 0
2012
2013
2014
2015
247
200
269
257
2015
2016
196 166
100
2016
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE SINGLE-FAMILY AVERAGE SALES PRICE
2012
2013
2014
MULTI -FAMILY AVER AGE SALES PRICE MULTI-FAMILY AVERAGE SALES PRICE
$1,200,000
$400,000 $ $
960,725
$
1.1M
1.00M
$
963,580 $
$300,000
727,915
$
349,030
$ $
328,056
$
321,694
356,557
$
366,717
$200,000
$400,000
$100,000
$0
2012
2013
2014
2015
$0
2016
SINGLE-FAMILY/DUPLEX AVER AGE PRICE/SQ .FT. SINGLE-FAMILY/AVERAGE PRICE/SQ.FT. $350
$200
57.9
$
$25
2016
40
$275
$
$50
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME SINGLE-FAMILY TRANSACTION VOLUME
$800,000
$
95.9
2012
2013
2014
2015
2016
MULTI -FAMILY AVER AGE PRICE/SQ .FT.
MULTI-FAMILY/AVERAGE PRICE/SQ.FT. $400
293
$
2013
300
$
2014
313
$
2015
374
$
327
$
$300 $200
2016
338
$
310
$
$
2013
2014
303
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 14
SILVERTHORNE S I N G L E - FA M I LY/ D U P L E X SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$80,484,984
125
255
$643,880
$2,260,000
$152,000
$565,000
16
2013
$82,995,164
125
188
$663,961
$2,650,000
$90,000
$620,000
17
2014
$99,827,671
146
188
$683,751
$2,375,000
$168,000
$627,500
18
2015
$109,063,120
157
186
$694,670
$1,800,000
$195,000
$627,500
18
2016
$129,029,850
167
73
$772,634
$2,750,000
$198,000
$675,000
31
CONDOMINIUM/ TOWNHOME SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$26,938,119
99
185
$272,102
$550,000
$84,000
$250,000
0
2013
$45,392,567
167
151
$271,812
$590,000
$88,000
$245,000
0
2014
$51,271,395
187
135
$274,178
$720,000
$92,500
$247,500
0
2015
$67,578,552
214
92
$315,788
$730,000
$95,000
$295,700
0
2016
$78,291,804
225
32
$347,964
$866,000
$120,000
$308,000
0
SALES VOLUME
NO. OF SALES
AVER AGE DAYS ON MARKET
AVER AGE SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1MILLION+ SALES
2012
$4,979,230
19
416
$262,065
$775,000
$129,000
$247,200
0
2013
$2,869,400
15
598
$191,293
$265,000
$134,900
$186,000
0
2014
$7,744,500
29
520
$267,052
$500,000
$29,500
$247,500
0
2015
$8,267,250
32
493
$258,352
$675,000
$149,500
$227,500
0
2016
$7,428,140
32
412
$232,129
$850,000
$75,000
$184,000
0
HOMESITES
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 SINGLE- FAMILY/DUPLE X 2013
2014
2015
2016
HIGH:
$568
$440
$468
$468
LOW:
$85
$100
$116
AVERAGE:
$256
$258
$277
CONDOMINIUM/ TOWNHOME 2013
2014
2015
2016
HIGH:
$331
$359
$427
$430
$129
LOW:
$120
$116
$173
$178
$301
AVERAGE:
$227
$245
$262
$303
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 15
SILVERTHORNE SINGLE-FAMILY/DUPLEX SALES VOLUME SINGLE-FAMILY SALES VOLUME
MULTI -FAMILY SALES VOLUME MULTI-FAMILY SALES VOLUME
$150
$80 $
$ $
$
80.4
$
99.8
$
82.9
$50
$0
2012
2013
2014
2015
$40 $
$0
2016
51.2
26.9
2012
2013
2014
2015
2016
300
125
100
167
157
146
TRANSACTIONS
150 125
50 0
2012
2013
2014
2015
200 187
167 100
2016
214
225
2015
2016
99
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE SINGLE-FAMILY AVERAGE SALES PRICE
2012
2013
2014
MULTI -FAMILY AVER AGE SALES PRICE MULTI-FAMILY AVERAGE SALES PRICE $400,000
$800,000 $ $
643,880
$
663,961
$
$
683,751
772,634
694,670
$
$300,000
$ $
$400,000
$200,000
$200,000
$100,000
$0
2012
2013
2014
2015
272,102
$0
2016
SINGLE-FAMILY/DUPLEX AVER AGE PRICE/SQ .FT. SINGLE-FAMILY/AVERAGE PRICE/SQ.FT.
2012
$
271,812
2013
$
315,788
347,964
274,178
2014
2015
2016
MULTI -FAMILY AVER AGE PRICE/SQ .FT.
MULTI-FAMILY/AVERAGE PRICE/SQ.FT. $350
$400
$300
$300 $200
45.3
78.3
67.5
MULTI -FAMILY TR ANSAC TION VOLUME MULTI-FAMILY TRANSACTION VOLUME
200
TRANSACTIONS
$
$20
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME SINGLE-FAMILY TRANSACTION VOLUME
$600,000
$
$60
109.1
MILLIONS
MILLIONS
$100
129
$
301
$
256
258
$
$
2013
2014
277
$
2015
303
$
$250 $200
2016
262
$
227 2013 $
245
$
2014
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 16
2 016 S U M M I T C O U N T Y M A R K E T S H A R E OVERALL MARKET SHARE | LAND & RESIDENTIAL, LIST & BUY SIDES $400
$402.5 $343.2
$300
$200
$191.9
$187.6
$100
AX /M RE
SO B CI RE AT CK ES
L BA DW N EL KE L R
CO
EB LI Y’ V S TH
SSF
AS
&
SO
ER RN
PA TH FFR O AT M H AS
N O ST
TU CO
CO
LO
CE
RA
N
D
RY
RE O
IR N M O
E
21
0
$103.1
$84.2
$80.3
$76.9
$68.2
E
MILLIONS
$131.2
LUXURY MARKET SHARE ($1M+) | LAND & RESIDENTIAL, LIST & BUY SIDES $157.1
$150
$120
$96.8
$90 $78.4 $67.2
$63.3
$60
$30
L BA DW N EL KE L R
CO
AX /M RE
SO B CI RE AT CK ES
SSF
AS
EB LI Y’ V S TH SO
PA TH FFR O AT M H AS &
RE O D RA LO CO
N
TU
RY
21
$9.3
$20
$18.7
W KE IL LL LI E AM R S
$16
CE
$0
RE O SU F M TH M E IT
MILLIONS
$51.2
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. ©2017 Slifer Smith & Frampton Real Estate
2016 A N N UA L SL I FE R R E P O R T 17
SLIFER SMITH & FR AMP TON RE AL 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 211 NORTH MAIN STREET P.O. Box 8740 Breckenridge, CO 80424 Phone: (970)547-6000
FRISCO - SILVERTHORNE 400 MAIN STREET, FRISCO P.O. Box 2314 Frisco, CO 80443 Phone: (970)668-1550
DILLON - KEYSTONE KEYSTONE RESORT, RIVER RUN VILLAGE 0140 Ida Belle Drive F-12 P.O. Box 38-K61 Keystone, CO 80435 Phone: (970)496-4522
18