Slifer Report 2009

COLORADO MOUNTAIN REAL ESTATE

THE SLIFER REPORT {

2009 ANNUAL MARKET REVIEW

SUMMITCOUNTYREALESTATE.COM

{

COLORADO MOUNTAIN REAL ESTATE

THE SLIFER REPORT {

2009 ANNUAL MARKET REVIEW

{

TABLE OF CONTENTS Summit County Overview ......................................................................... 3 Breckenridge ............................................................................................. 5 Copper Mountain ...................................................................................... 6 Dillon ......................................................................................................... 7 Frisco ......................................................................................................... 8 Keystone .................................................................................................... 9 Silverthorne ............................................................................................. 10 Office Listings ..........................................................................................11

SUMMITCOUNTYREALESTATE.COM ©2010 Slifer Smith & Frampton Real Estate

SUMMIT COUNT Y OVERVIEW SUMMIT COUNT Y TR ANSACTION VOLUME COMPARISON 3,000 2,908 2,500

2,888

2,526

2,459

2,335 2,000 1,912 1,500

1,352 1,000

983

500

0

2002

2003

2004

2005

2006

2007

2008

2009

SUMMIT COUNT Y SALES VOLUME COMPARISON $1.5

$1.281

$1.2

$1.313

$1.126

$0.853

$0.815

$0.773 $0.6

$0.599

$0.583

$0.3

$0

2002

2003

2004

2005

2006

2007

2008

BILLIONS

$0.9

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. Š2010 Slifer Smith & Frampton Real Estate

2009 SLIFER REPORT

3

SUMMIT COUNT Y OVERVIEW SUMMIT COUNT Y REAL ESTATE AVER AGE SALES PRICE $1,500,000

$1,250,000

$1,000,000

$750,000

$500,000

$250,000

19 91 19 92 19 93 19 94 19 95 19 96 19 97 19 98 19 99 20 00 20 01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09

$0

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. ©2010 Slifer Smith & Frampton Real Estate

SUMMIT COUNT Y ACTIVE LISTING INVENTORY 2,500

2,000

1,500

p O ct N ov D ec

g

Se

l

Au

Ju

b M ar Ap r M ay Ju n Ju l Au g Se p O ct N ov 20 De 09 c -J an Fe b M ar Ap r M ay Ju n

Fe

20 08 -J a

500

n

1,000

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. ©2010 Slifer Smith & Frampton Real Estate

4

2009 SLIFER REPORT

BRECKENRIDGE SINGLE-FAMILY/DUPLEX

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$266,760,628 16.6% $311,141,283 -1.2% $307,342,639 -31.7% $210,052,789 3.7% $217,916,722

367 1.1% 371 -13.5% 321 -38.9% 196 6.6% 209

203 -15.8% 171 -9.4% 155 12.9% 175 44.0% 252

$726,868 15.4% $838,656 14.2% $957,454 12.3% $1,075,698 -3.1% $1,042,664

$3,350,000 11.9% $3,750,000 46.7% $5,500,000 0.9% $5,550,000 49.3% $8,285,000

$105,000 52.4% $160,000 -5.0% $152,000 68.4% $256,000 -32.8% $172,000

$570,000 16.7% $665,000 8.3% $720,000 14.5% $824,500 -3.0% $800,000

73 31.5% 96 -4.2% 92 -21.7% 72 13.9% 82

CONDOMINIUM / TOWNHOME / TRIPLEX

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$215,078,021 19.2% $256,380,569 -3.5% $247,301,027 -26.2% $182,396,159 -58.4% $75,967,525

614 -8.0% 565 -17.7% 465 -42.6% 267 -43.4% 151

159 2.5% 163 19.0% 194 9.8% 213 9.4% 233

$350,290 29.8% $454,575 17.0% $531,830 28.4% $683,132 -26.4% $503,096

$1,134,000 32.3% $1,500,000 56.7% $2,350,000 2.1% $2,400,000 -30.2% $1,675,000

$82,500 3.0% $85,000 34.1% $114,000 6.1% $121,000 -9.9% $108,990

$305,000 30.3% $397,500 8.7% $432,000 29.6% $560,000 -26.8% $410,000

3 600.0% 21 66.7% 35 54.3% 54 -77.8% 12

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$84,407,802 -0.3% $84,137,536 0.3% $84,368,279 -49.6% $42,523,726 -74.0% $11,076,900

279 -7.2% 259 -26.6% 190 -58.9% 78 -48.7% 40

412 -24.5% 311 -36.0% 199 -1.5% 196 43.9% 282

$303,625 7.0% $324,855 36.7% $444,044 22.8% $545,176 -49.2% $276,923

$6,655,000 -78.2% $1,450,000 79.3% $2,600,000 -32.7% $1,750,000 -62.1% $664,000

$28,000 -42.9% $16,000 136.9% $37,900 -59.2% $15,480 158.4% $40,000

$234,000 15.4% $270,000 34.5% $363,050 17.1% $425,000 -42.6% $244,000

5 40.0% 7 85.7% 13 15.4% 15 -100.0% 0

HOMESITES

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

PRICE PER SQUARE FOOT COMPARISON SINGLE-FAMILY/DUPLEX

HIGH

2006

2007

2008

2009

$804

$887

$847

$1,262

CONDOMINIUM/TOWNHOME

HIGH

2006

2007

2008

2009

$822

$989

$2,015

$927

LOW

$122

$166

$158

$92

LOW

$180

$193

$137

$193

AVERAGE

$295

$332

$359

$326

AVERAGE

$428

$498

$589

$451

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. ©2010 Slifer Smith & Frampton Real Estate

2009 SLIFER REPORT

5

COPPER MOUNTAIN SINGLE-FAMILY/DUPLEX

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$1,325,000 229.7% $4,369,000 57.1% $6,865,000 -100.0% $0 N/A $2,650,000

1 200.0% 3 33.3% 4 -100.0% 0 N/A 1

341 -37.0% 215 8.8% 234 -100.0% 0 N/A 115

$1,325,000 9.9% $1,456,332 17.8% $1,716,250 -100.0% $0 N/A $2,650,000

$1,325,000 62.9% $2,159,000 -16.6% $1,800,000 -100.0% $0 N/A $2,650,000

$1,325,000 -20.0% $1,060,000 52.8% $1,620,000 -100.0% $0 N/A $2,650,000

$1,325,000 -13.2% $1,150,000 49.8% $1,722,500 -100.0% $0 N/A $2,650,000

1 200.0% 3 33.3% 4 -100.0% 0 N/A 1

CONDOMINIUM / TOWNHOME / TRIPLEX

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$33,927,320 56.7% $53,152,845 -22.6% $41,120,179 -43.9% $23,075,925 -23.3% $17,694,000

117 32.5% 155 -28.4% 111 -54.1% 51 -23.5% 39

207 0.0% 207 -39.1% 126 -7.1% 117 157.3% 301

$289,977 18.3% $342,922 8.0% $370,452 22.1% $452,469 0.3% $453,692

$763,500 135.8% $1,800,000 -46.7% $960,000 108.3% $2,000,000 -51.8% $964,900

$120,000 8.3% $130,000 -15.4% $110,000 58.6% $174,500 33.8% $233,500

$269,000 16.0% $312,000 11.9% $349,000 -4.0% $335,000 12.7% $377,520

0 n/a 2 -100.0% 0 n/a 2 -100.0% 0

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$2,266,000 -5.1% $2,150,000 3.7% $2,229,500 57.0% $3,500,000 -100.0% $0

4 -25.0% 3 0.0% 3 0.0% 3 -100.0% 0

290 -3.1% 281 13.5% 319 -57.1% 137 -100.0% 0

$566,500 26.5% $716,667 3.7% $743,167 57.0% $1,166,667 -100.0% $0

$759,000 18.6% $900,000 10.6% $995,000 25.6% $1,250,000 -100.0% $0

$462,000 35.3% $625,000 -2.5% $609,500 64.1% $1,000,000 -100.0% $0

$522,500 19.6% $625,000 0.0% $625,000 100.0% $1,250,000 -100.0% $0

0 n/a 0 n/a 0 n/a 3 -100.0% 0

HOMESITES

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

PRICE PER SQUARE FOOT COMPARISON SINGLE-FAMILY/DUPLEX

2006

2007

2008

2009

HIGH

$502

$683

N/A

$496

LOW

$336

$424

N/A

AVERAGE

$392

$534

N/A

CONDOMINIUM/TOWNHOME

2006

2007

2008

2009

HIGH

$608

$644

$653

$592

$496

LOW

$234

$192

$296

$328

$496

AVERAGE

$373

$430

$466

$463

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. ©2010 Slifer Smith & Frampton Real Estate

6

2009 SLIFER REPORT

DILLON SINGLE-FAMILY/DUPLEX

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$49,695,436 3.3% $51,342,791 1.0% $51,861,496 -42.8% $29,669,395 -35.4% $19,158,600

103 -7.8% 95 -12.6% 83 -36.1% 53 -30.2% 37

169 -20.1% 135 -9.6% 122 -4.1% 117 48.7% 174

$482,480 12.0% $540,450 15.6% $624,837 -10.4% $559,800 -7.5% $517,800

$1,862,500 0.7% $1,875,000 -16.8% $1,560,000 -11.7% $1,377,475 -25.2% $1,030,000

$215,000 31.2% $282,000 6.4% $300,000 -15.1% $254,670 15.5% $294,200

$415,000 21.9% $506,000 9.2% $552,500 -13.1% $480,000 -16.9% $399,000

2 -50.0% 1 600.0% 7 -71.4% 2 -50.0% 1

CONDOMINIUM / TOWNHOME / TRIPLEX

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$32,230,190 23.1% $39,680,116 40.2% $55,647,306 -55.2% $24,921,441 -42.2% $14,401,925

175 13.1% 198 10.1% 218 -56.9% 94 -36.2% 60

103 -21.4% 81 59.3% 129 -30.2% 90 74.4% 157

$184,173 8.8% $200,405 27.4% $255,263 3.9% $265,122 -9.5% $240,032

$640,000 3.9% $665,000 4.5% $695,000 8.2% $752,000 27.0% $955,000

$74,000 3.8% $76,800 10.7% $85,000 44.1% $122,500 -10.2% $110,000

$152,000 8.1% $164,250 29.9% $213,375 0.8% $215,000 -10.6% $192,200

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

$4,058,900 73.2% $7,031,004 -40.8% $4,161,503 11.8% $4,654,100 -95.9% $193,000

25 20.0% 30 -43.3% 17 -11.8% 15 -93.3% 1

190 70.0% 323 -27.2% 235 23.0% 289 39.4% 403

$162,356 44.4% $234,367 4.4% $244,794 26.7% $310,273 -37.8% $193,000

$240,000 243.8% $825,000 -59.8% $331,500 319.9% $1,392,000 -86.1% $193,000

$103,500 15.0% $119,000 38.7% $165,000 -3.0% $160,000 20.6% $193,000

$159,900 18.5% $189,450 29.3% $245,000 -2.4% $239,000 -19.2% $193,000

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

HOMESITES

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

PRICE PER SQUARE FOOT COMPARISON SINGLE-FAMILY/DUPLEX

HIGH

2006

2007

2008

2009

$457

$374

$353

$339

CONDOMINIUM/TOWNHOME

HIGH

2006

2007

2008

2009

$413

$513

$471

$503

LOW

$124

$111

$121

$101

LOW

$140

$151

$194

$170

AVERAGE

$217

$255

$241

$230

AVERAGE

$233

$278

$303

$266

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. ©2010 Slifer Smith & Frampton Real Estate

2009 SLIFER REPORT

7

FRISCO SINGLE-FAMILY/DUPLEX

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$44,382,903 41.6% $62,835,493 -32.6% $42,375,375 -54.0% $19,480,890 20.2% $23,413,400

69 7.2% 74 -32.4% 50 -52.0% 24 37.5% 33

139 0.7% 140 -3.6% 135 60.7% 217 21.2% 263

$643,230 32.0% $849,128 -0.2% $847,508 -4.2% $811,704 -12.6% $709,497

$1,500,000 60.0% $2,400,000 -34.4% $1,575,000 -1.0% $1,560,000 2.6% $1,600,000

$265,000 42.6% $378,000 16.1% $438,750 1.2% $443,890 -21.2% $350,000

$599,900 25.8% $754,950 11.2% $839,500 -12.4% $735,000 -11.7% $649,000

4 350.0% 18 -44.4% 10 -50.0% 5 -40.0% 3

CONDOMINIUM / TOWNHOME / TRIPLEX

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$49,134,386 -7.7% $45,331,975 77.5% $80,450,660 -53.9% $37,119,910 -32.4% $25,108,473

156 -16.0% 131 29.8% 170 -50.0% 85 -23.5% 65

115 -29.6% 81 79.0% 145 -31.7% 99 115.2% 213

$314,964 9.9% $346,046 36.8% $473,239 -7.7% $436,705 -11.5% $386,284

$675,000 35.9% $917,000 46.1% $1,340,000 -26.1% $990,000 -19.2% $800,000

$104,000 14.4% $119,000 34.5% $160,000 36.3% $218,000 -31.6% $149,080

$289,500 12.3% $325,000 32.3% $430,000 -8.1% $395,000 -10.1% $355,000

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

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$4,426,950 -50.0% $2,214,500 -8.5% $2,025,500 -23.5% $1,549,000 -34.2% $1,020,000

20 -55.0% 9 -33.3% 6 -33.3% 4 -25.0% 3

257 -8.6% 235 -62.6% 88 -28.4% 63 1027.0% 710

$221,348 11.2% $246,056 37.2% $337,583 14.7% $387,250 -12.2% $340,000

$615,000 -50.4% $305,000 42.3% $434,000 3.5% $449,000 -2.0% $440,000

$23,000 652.2% $173,000 28.6% $222,500 32.6% $295,000 -11.9% $260,000

$183,000 36.6% $250,000 38.8% $347,000 16.0% $402,500 -20.5% $320,000

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

HOMESITES

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

PRICE PER SQUARE FOOT COMPARISON SINGLE-FAMILY/DUPLEX

HIGH

2006

2007

2008

2009

$658

$986

$856

$444

CONDOMINIUM/TOWNHOME

HIGH

2006

2007

2008

2009

$433

$568

$552

$470

LOW

$162

$225

$189

$172

LOW

$170

$197

$252

$200

AVERAGE

$319

$365

$357

$272

AVERAGE

$308

$354

$370

$308

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. ©2010 Slifer Smith & Frampton Real Estate

8

2009 SLIFER REPORT

KEYSTONE SINGLE-FAMILY/DUPLEX

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$30,363,542 16.6% $35,418,700 2.1% $36,161,500 -59.8% $14,542,500 48.6% $21,609,750

31 9.7% 34 -20.6% 27 -51.9% 13 38.5% 18

239 -1.7% 235 -6.8% 219 5.5% 231 -14.7% 197

$979,469 6.4% $1,041,726 28.5% $1,338,204 -16.4% $1,118,654 7.3% $1,200,542

$1,815,000 21.2% $2,200,000 54.5% $3,400,000 -22.1% $2,650,000 15.1% $3,050,000

$325,000 9.5% $356,000 13.8% $405,000 43.2% $580,000 -79.3% $120,000

$926,250 3.4% $958,075 32.0% $1,265,000 -20.2% $1,010,000 27.5% $1,287,500

13 7.7% 14 21.4% 17 -58.8% 7 85.7% 13

CONDOMINIUM / TOWNHOME / TRIPLEX

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$106,579,581 22.4% $130,494,664 2.8% $134,105,016 -47.7% $70,146,545 -33.0% $46,973,773

362 20.2% 435 -25.5% 324 -49.1% 165 -27.9% 119

205 -15.1% 174 -30.5% 121 -9.9% 109 54.1% 168

$294,419 1.9% $299,988 38.0% $413,904 2.7% $425,131 -7.1% $394,738

$981,000 52.9% $1,500,000 40.0% $2,100,000 -52.4% $999,000 30.1% $1,300,000

$20,000 400.0% $99,999 32.0% $132,000 28.0% $169,000 -26.6% $124,000

$258,530 0.8% $260,500 40.7% $366,575 3.7% $380,000 -10.5% $340,000

0 N/A 4 100.0% 8 -100.0% 0 N/A 2

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$6,096,880 19.0% $7,255,500 33.8% $9,711,000 -80.5% $1,897,720 73.1% $3,285,000

19 10.5% 21 42.9% 30 -86.7% 4 75.0% 7

322 13.0% 364 -42.3% 210 -16.2% 176 7.4% 189

$320,888 7.7% $345,500 -6.3% $323,700 46.6% $474,430 -1.1% $469,286

$565,000 46.0% $825,000 -21.2% $650,000 7.7% $700,000 0.0% $700,000

$22,000 13.6% $25,000 500.0% $150,000 -78.2% $32,720 633.5% $240,000

$292,500 7.7% $315,000 -4.8% $300,000 94.2% $582,500 -29.6% $410,000

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

HOMESITES

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

PRICE PER SQUARE FOOT COMPARISON SINGLE-FAMILY/DUPLEX

HIGH

2006

2007

2008

2009

$510

$574

$486

$593

CONDOMINIUM/TOWNHOME

HIGH

2006

2007

2008

2009

$693

$823

$681

$682

LOW

$176

$196

$219

$139

LOW

$112

$177

$230

$215

AVERAGE

$354

$374

$374

$353

AVERAGE

$318

$388

$421

$373

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. ©2010 Slifer Smith & Frampton Real Estate

2009 SLIFER REPORT

9

SILVERTHORNE SINGLE-FAMILY/DUPLEX

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$82,971,702 18.0% $97,889,983 15.9% $113,411,071 -27.1% $82,628,340 -23.0% $63,646,248

165 4.2% 172 -7.0% 160 -37.5% 100 -23.0% 77

163 14.1% 186 -9.7% 168 21.4% 204 31.9% 269

$502,859 13.2% $569,128 24.5% $708,819 16.6% $826,283 0.0% $826,575

$1,450,000 34.5% $1,950,000 -4.1% $1,870,000 112.6% $3,975,000 -22.0% $3,100,000

$130,000 14.2% $148,500 -12.5% $130,000 -8.8% $118,500 134.6% $278,000

$440,000 8.8% $478,750 25.2% $599,500 21.3% $727,000 -10.6% $650,000

7 85.7% 13 84.6% 24 -12.5% 21 -4.8% 20

CONDOMINIUM / TOWNHOME / TRIPLEX

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$70,110,682 -4.6% $66,899,462 -2.6% $65,177,849 -28.9% $46,311,850 -29.3% $32,736,108

310 -17.4% 256 -19.9% 205 -29.8% 144 -26.4% 106

102 -28.4% 73 4.1% 76 30.3% 99 76.8% 175

$226,163 15.5% $261,326 21.7% $317,941 1.2% $321,610 -4.0% $308,831

$454,000 16.7% $529,900 30.0% $689,000 -2.5% $672,000 -11.5% $595,000

$86,000 7.0% $92,000 22.8% $113,000 8.4% $122,500 -10.2% $110,000

$211,500 19.0% $251,700 17.2% $295,000 -0.5% $293,500 -4.6% $280,000

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

$21,682,930 -4.7% $20,666,800 9.3% $22,591,745 -41.1% $13,311,650 -50.8% $6,554,480

85 -17.6% 70 -5.7% 66 -51.5% 32 -46.9% 17

466 -24.9% 350 -1.1% 346 -37.9% 215 28.4% 276

$255,093 15.7% $295,240 15.9% $342,299 21.5% $415,989 -7.3% $385,558

$3,000,000 -51.7% $1,450,000 70.7% $2,475,000 -47.5% $1,300,000 7.7% $1,400,000

$25,000 132.0% $58,000 81.0% $105,000 90.5% $200,000 -5.0% $190,000

$205,000 29.6% $265,750 8.9% $289,500 24.4% $360,000 -3.6% $347,000

2 -50.0% 1 0.0% 1 200.0% 3 -66.7% 1

HOMESITES

2005 % CHANGE 2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009

PRICE PER SQUARE FOOT COMPARISON SINGLE-FAMILY/DUPLEX

HIGH

2006

2007

2008

2009

$504

$480

$478

$475

CONDOMINIUM/TOWNHOME

HIGH

2006

2007

2008

2009

$378

$397

$494

$402

LOW

$75

$144

$181

$123

LOW

$139

$166

$198

$194

AVERAGE

$249

$283

$304

$274

AVERAGE

$243

$278

$314

$277

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. ©2010 Slifer Smith & Frampton Real Estate

10

2009 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 505 SOUTH MAIN STREET Suite B-5 P.O. Box 2510 Breckenridge, CO 80424 Phone: (970)453-7007 Toll-free: (888)982-7000 BRECKENRIDGE PEAKS 1599E 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 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. ©2010 Slifer Smith & Frampton Real Estate

2009 SLIFER REPORT

11