Monthly Indicators February 2016
New Listings were up 58.1 percent for single family/duplex homes and 55.3 percent for townhouse-condo properties. Pending Sales increased 71.4 percent for single family/duplex homes and 63.4 percent for townhouse-condo properties. The Median Sales Price was down 54.5 percent to $510,250 for single family/duplex homes and 35.0 percent to $521,250 for townhouse-condo properties. Days on Market decreased 43.3 percent for single family/duplex homes and 31.1 percent for condo properties. National housing starts were up by 10.8 percent at the end of 2015 when compared to 2014, and the unemployment rate is holding low and steady at or near 4.9 percent. Meanwhile, mortgage rates continue to astound below 4.0 percent and we have witnessed an unprecedented 70 consecutive months of private-sector job growth. As consumers navigate their options, competition for the best available properties should be profound, especially if the market remains hobbled by a lack of supply.
Monthly Snapshot - 5.0%
- 6.9%
- 36.3%
One-Year Change in Closed Sales All Properties
One-Year Change in Active Listings All Properties
One-Year Change in Median Sales Price All Properties
Residential real estate activity in Vail Board of REALTORS® MLS, comprised of single-family properties, townhomes and condominiums. Percent changes are calculated using rounded figures.
Single Family/Duplex Activity Overview Townhouse-Condo Activity Overview New Listings Pending Sales Closed Sales Median Sales Price Average Sales Price Percent of List Price Received Days on Market Until Sale Housing Affordability Index Inventory of Active Listings Months Supply of Inventory All Properties Activity Overview Closed Sales and Inventory by Price Range Glossary of Terms
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Single Family/Duplex Activity Overview Key metrics for Single Family properties by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Historical Sparkbars
New Listings 2-2013
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
Days on Market
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
- 3.5%
28
48
+ 71.4%
70
81
+ 15.7%
27
24
- 11.1%
50
46
- 8.0%
$1,121,250 $510,250
- 54.5%
$948,125
$537,500
- 43.3%
$1,558,564 $890,802
- 42.8%
$1,703,410 $880,549
- 48.3%
95.8%
95.6%
- 0.2%
94.4%
95.4%
+ 1.1%
261
148
- 43.3%
225
144
- 36.0%
33
73
+ 121.2%
39
69
+ 76.9%
477
445
- 6.7%
--
--
--
11.2
8.9
- 20.5%
--
--
--
2-2016
Months Supply 2-2013
111
2-2016
Active Listings 2-2013
115
2-2016
Affordability Index 2-2013
+ 58.1%
2-2016
` 2-2013
68
2-2016
Pct. of List Price Received 2-2013
43
Percent Change
2-2016
Avg. Sales Price 2-2013
YTD 2015 YTD 2016
2-2016
Median Sales Price 2-2013
Percent Change
2-2016
Closed Sales 2-2013
2-2016
2-2016
Pending Sales 2-2013
2-2015
2-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORSŽ MLS. Report Š 2016 by ShowingTime 10K. | 2
Townhouse-Condo Activity Overview Key metrics for Townhouse-Condo properties by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Historical Sparkbars
New Listings 2-2013
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
47
73
+ 55.3%
119
146
+ 22.7%
41
67
+ 63.4%
83
108
+ 30.1%
33
33
0.0%
71
83
+ 16.9%
$802,500
$521,250
- 35.0%
$850,000
$600,000
- 29.4%
$1,209,825 $934,557
- 22.8%
$1,141,142 $1,000,788 2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
95.3%
95.9%
+ 0.6%
209
144
- 31.1%
186
182
- 2.2%
46
71
+ 54.3%
43
62
+ 44.2%
470
436
- 7.2%
--
--
--
8.9
7.9
- 11.2%
--
--
--
2-2016
Months Supply 2-2013
+ 0.2%
2-2016
Active Listings 2-2013
95.6%
2-2016
Affordability Index 2-2013
95.4% 2-2016
Days on Market 2-2013
- 12.3%
2-2016
Pct. of List Price Received 2-2013
Percent Change
2-2016
Avg. Sales Price 2-2013
YTD 2015 YTD 2016
2-2016
Median Sales Price 2-2013
Percent Change
2-2016
Closed Sales 2-2013
2-2016
2-2016
Pending Sales 2-2013
2-2015
2-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORSŽ MLS. Report Š 2016 by ShowingTime 10K. | 3
New Listings A count of the properties that have been newly listed on the market in a given month.
Year to Date
February
146
73 68 115 54 47
119 111
107
92
43 35
2014
2015
- 48.5% + 22.9%
2016
2014
2015
2016
2014
2015
2016
2014
+ 58.1%
- 1.8%
- 13.0%
+ 55.3%
- 22.7%
+ 25.0%
- 3.5%
- 1.8%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
2015
2016
+ 11.2% + 22.7%
New Listings
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Mar-2015
69
+3.0%
96
+33.3%
Apr-2015
77
0.0%
63
-12.5%
May-2015
105
+6.1%
97
+11.5%
Jun-2015
181
+28.4%
111
+0.9%
Jul-2015
117
+31.5%
97
+9.0%
Aug-2015
85
+7.6%
98
+88.5%
Sep-2015
75
+44.2%
60
+9.1%
Oct-2015
49
-19.7%
57
-9.5%
Nov-2015
37
-22.9%
64
+12.3%
Dec-2015
59
+47.5%
56
-45.6%
Jan-2016
43
-40.3%
73
+1.4%
Feb-2016
68
+58.1%
73
+55.3%
12-Month Avg
80
+11.2%
79
+7.5%
Townhouse-Condo
Historical New Listings by Month
Single Family/Duplex
Townhouse-Condo
200
175
150
125
100
75
50
25 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K. | 4
Pending Sales A count of the properties on which offers have been accepted in a given month.
Year to Date
February
Pending Sales
108 67
48
94 83
81
76 70
46 41
38 28
2014
2015
2016
2014
2015
2016
2014
2015
2016
2014
- 7.3%
- 26.3%
+ 71.4%
+ 31.4%
- 10.9%
+ 63.4%
- 6.2%
- 7.9%
+ 15.7%
+ 23.7%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
2015
2016
- 11.7% + 30.1%
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Mar-2015
48
-2.0%
49
+2.1%
Apr-2015
66
+57.1%
61
-12.9%
May-2015
58
+61.1%
53
+55.9%
Jun-2015
67
+55.8%
47
+20.5%
Jul-2015
88
+49.2%
74
+5.7%
Aug-2015
59
+9.3%
82
-1.2%
Sep-2015
49
-3.9%
68
-1.4%
Oct-2015
60
+22.4%
71
+36.5%
Nov-2015
31
-8.8%
48
+33.3%
Dec-2015
20
-4.8%
40
-13.0%
Jan-2016
33
-21.4%
41
-2.4%
Feb-2016
48
+71.4%
67
+63.4%
12-Month Avg
52
+23.4%
58
+11.3%
Townhouse-Condo
Historical Pending Sales by Month
Single Family/Duplex
Townhouse-Condo
90
80
70
60
50
40
30
20 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K. | 5
Closed Sales A count of the actual sales that closed in a given month.
Year to Date
February 33
33
83
31
30
71
27 24
60 55 50
46
2014
2015
2016
2014
2015
2016
2014
2015
2016
2014
- 16.7%
- 10.0%
- 11.1%
- 3.1%
+ 6.5%
0.0%
- 6.8%
- 9.1%
- 8.0%
- 4.8%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
2015
2016
+ 18.3% + 16.9%
Closed Sales
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Mar-2015
33
+17.9%
37
-27.5%
Apr-2015
42
-10.6%
39
-22.0%
May-2015
42
-6.7%
57
0.0%
Jun-2015
80
+73.9%
64
+48.8%
Jul-2015
70
+59.1%
60
+22.4%
Aug-2015
66
+29.4%
59
-1.7%
Sep-2015
79
+46.3%
74
-5.1%
Oct-2015
49
-10.9%
66
-15.4%
Nov-2015
44
+4.8%
61
+35.6%
Dec-2015
47
-4.1%
64
+16.4%
Jan-2016
22
-4.3%
50
+31.6%
Feb-2016
24
-11.1%
33
0.0%
12-Month Avg
50
+17.0%
55
+4.2%
Townhouse-Condo
Historical Closed Sales by Month
Single Family/Duplex
Townhouse-Condo
100
80
60
40
20
0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K. | 6
Median Sales Price Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.
Year to Date
February
Median Sales Price
$948,125
$1,121,250 $1,060,000
$857,500 $850,000 $750,000
$873,750 $802,500
$600,000 $537,500 $521,250
$510,250
2014
2015
+ 18.6% + 28.3%
2016
- 54.5%
Single Family/Duplex
2014
2015
+ 176.0% - 24.3%
2016
- 35.0%
Townhouse-Condo
2014
2015
+ 20.0% + 26.4%
2016
2014
2015
2016
- 43.3%
+
- 0.9%
- 29.4%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Mar-2015
$690,000
-9.3%
$755,000
+29.1%
Apr-2015
$750,000
+0.8%
$508,000
-32.9%
May-2015
$972,500
+66.2%
$575,000
+15.0%
Jun-2015
$592,500
+10.6%
$422,500
+16.6%
Jul-2015
$595,000
+6.7%
$398,500
-6.7%
Aug-2015
$699,500
+53.7%
$375,000
-16.1%
Sep-2015
$700,000
-9.3%
$491,250
+31.0%
Oct-2015
$645,000
-9.6%
$470,000
+3.9%
Nov-2015
$675,000
-6.6%
$529,000
+27.5%
Dec-2015
$640,000
-17.4%
$527,500
-16.9%
Jan-2016
$587,500
-36.6%
$662,949
-32.0%
Feb-2016
$510,250
-54.5%
$521,250
-35.0%
12-Month Avg*
$642,500
-5.4%
$482,250
-3.0%
* Median Sales Price for all properties from March 2015 through February 2016. This is not the average of the individual figures above.
Historical Median Sales Price by Month
Single Family/Duplex
Townhouse-Condo
$2,000,000
$1,750,000
$1,500,000
$1,250,000
$1,000,000
$750,000
$500,000
$250,000 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORSŽ MLS. Report Š 2016 by ShowingTime 10K. | 7
Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month.
Year to Date
February
$1,703,410 $1,558,564 $1,325,980 $1,246,674
$1,000,788 $890,802
2014
2015
- 27.4% + 41.9%
$934,557
$880,549
2016
2014
2015
2016
2014
2015
2016
2014
2015
2016
- 42.8%
+ 33.3%
- 8.5%
- 12.3%
- 2.6%
+ 48.5%
- 48.3%
+ 66.6%
- 8.8%
- 22.8%
Single Family/Duplex
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Mar-2015
$1,304,972
-12.0%
$1,195,623
+40.8%
Apr-2015
$1,235,525
-42.8%
$766,308
-49.5%
May-2015
$1,617,972
+30.6%
$993,727
-10.9%
Jun-2015
$1,440,288
+37.3%
$783,961
+7.7%
Jul-2015
$1,060,670
+25.0%
$687,532
-24.2%
Aug-2015
$1,232,124
+65.3%
$579,977
+7.4%
Sep-2015
$1,354,503
-17.4%
$706,967
-6.5%
Oct-2015
$1,050,771
-10.4%
$1,114,844
+18.0%
Nov-2015
$1,194,902
+13.0%
$904,931
+15.2%
Dec-2015
$954,650
-53.9%
$1,044,734
-3.9%
Jan-2016
$869,364
-53.6%
$890,844
-29.8%
Feb-2016
$890,802
-42.8%
$1,000,788
-12.3%
-11.7%
$876,412
-7.7%
$1,209,825 $1,147,144
$1,141,142
$1,098,540
Avg. Sales Price
Townhouse-Condo
Single Family/Duplex
Townhouse-Condo
12-Month Avg* $1,220,977
* Avg. Sales Price for all properties from March 2015 through February 2016. This is not the average of the individual figures above.
Historical Average Sales Price by Month
Single Family/Duplex
Townhouse-Condo
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORSŽ MLS. Report Š 2016 by ShowingTime 10K. | 8
Percent of List Price Received Percentage found when dividing a property’s sales price by its most recent list price, then taking the average for all properties sold in a given month, not accounting for seller concessions.
Year to Date
February 94.2% 95.8% 95.6%
93.9% 95.4% 95.6%
Pct. of List Price Received
95.0% 94.4% 95.4%
94.1% 95.3% 95.9%
2014
2015
2016
2014
2015
2016
2014
2015
2016
2014
2015
2016
+ 0.7%
+ 1.7%
- 0.2%
- 1.6%
+ 1.6%
+ 0.2%
+ 0.3%
- 0.6%
+ 1.1%
- 1.5%
+ 1.3%
+ 0.6%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Mar-2015
95.2%
-1.0%
95.7%
+0.8%
Apr-2015
95.5%
+0.5%
96.5%
+3.3%
May-2015
94.2%
-2.3%
95.9%
+0.4%
Jun-2015
96.6%
+0.7%
96.2%
+0.4%
Jul-2015
96.8%
+1.5%
97.0%
+0.7%
Aug-2015
97.0%
+0.8%
96.4%
0.0%
Sep-2015
95.7%
+1.8%
97.2%
+1.0%
Oct-2015
95.2%
-0.5%
95.7%
+0.1%
Nov-2015
93.7%
-2.1%
95.5%
+0.6%
Dec-2015
92.6%
-2.0%
95.4%
+0.3%
Jan-2016
95.3%
+2.6%
96.1%
+0.8%
Feb-2016
95.6%
-0.2%
95.6%
+0.2%
12-Month Avg*
95.5%
+0.2%
96.1%
+0.7%
* Pct. of List Price Received for all properties from March 2015 through February 2016. This is not the average of the individual figures above.
Historical Percent of List Price Received by Month
Single Family/Duplex
Townhouse-Condo
100.0%
95.0%
90.0%
85.0%
80.0%
75.0%
70.0% 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K. | 9
Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted in a given month.
Year to Date
February
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Mar-2015
266
+47.8%
147
-56.9%
Apr-2015
202
-1.9%
90
-63.7%
May-2015
173
-13.5%
139
-14.2%
Jun-2015
148
+27.6%
191
+10.4%
Jul-2015
89
-19.1%
132
-6.4%
Aug-2015
100
-9.1%
90
-30.2%
Sep-2015
123
-35.3%
97
-44.3%
Oct-2015
145
-4.6%
205
+25.8%
Nov-2015
122
-2.4%
126
-19.2%
Dec-2015
177
-10.6%
265
+28.0%
Jan-2016
140
-23.1%
206
+24.1%
Feb-2016
148
-43.3%
144
-31.1%
12-Month Avg*
165
-12.4%
187
-17.2%
Days on Market
225
261 200
239
197
186
209
182
192 144 148
144
2014
2015
2016
2014
2015
2016
2014
2015
2016
2014
2015
2016
+ 22.6%
+ 9.2%
- 43.3%
+ 23.1%
+ 8.9%
- 31.1%
+ 4.2%
+ 12.5%
- 36.0%
+ 27.9%
- 5.6%
- 2.2%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Townhouse-Condo
* Days on Market for all properties from March 2015 through February 2016. This is not the average of the individual figures above.
Historical Days on Market Until Sale by Month
Single Family/Duplex
Townhouse-Condo
500
400
300
200
100
0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K. | 10
Housing Affordability Index This index measures housing affordability for the region. An index of 120 means the median household income is 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
February
Year to Date
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Mar-2015
53
+20.5%
48
-15.8%
Apr-2015
49
+8.9%
73
+65.9%
May-2015
38
-35.6%
64
-7.2%
Jun-2015
61
-4.7%
86
-9.5%
Jul-2015
60
-1.6%
90
+12.5%
Aug-2015
51
-32.0%
96
+24.7%
Sep-2015
52
+18.2%
74
-18.7%
Oct-2015
56
+16.7%
77
+1.3%
Nov-2015
53
+10.4%
68
-19.0%
Dec-2015
57
+26.7%
69
+25.5%
Jan-2016
61
+52.5%
54
+42.1%
Feb-2016
73
+121.2%
71
+54.3%
12-Month Avg*
55
+44.4%
51
+5.0%
Affordability Index
73
71
69 62
46
45
38 33
2014
- 22.4%
43 39
39
2015
32
2016
- 13.2% + 121.2%
Single Family/Duplex
2014
2015
2016
2014
- 65.6%
+ 43.8%
+ 54.3%
- 21.1%
Townhouse-Condo
2015
- 13.3%
2016
+ 76.9%
Single Family/Duplex
2014
- 57.6%
2015
+ 10.3%
2016
+ 44.2%
Townhouse-Condo
Year-Over-Year Change
* Affordability Index for all properties from March 2015 through February 2016. This is not the average of the individual figures above.
Historical Housing Affordability Index by Month
Single Family/Duplex
Townhouse-Condo
120
100
80
60
40
20
0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORSŽ MLS. Report Š 2016 by ShowingTime 10K. | 11
Inventory of Active Listings The number of properties available for sale in active status at the end of a given month.
February
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Mar-2015
486
+8.2%
508
+3.0%
Apr-2015
472
+4.2%
473
+3.1%
May-2015
497
+0.4%
489
+0.6%
Jun-2015
582
+4.3%
538
+0.9%
Jul-2015
589
+3.2%
542
+0.4%
Aug-2015
593
+2.6%
543
+12.2%
Sep-2015
580
+8.6%
504
+16.4%
Oct-2015
525
+5.4%
458
+8.5%
Nov-2015
496
+3.5%
450
+6.6%
Dec-2015
485
+6.8%
433
-4.2%
Jan-2016
453
-4.6%
445
-5.7%
Feb-2016
445
-6.7%
436
-7.2%
12-Month Avg
517
+3.0%
485
+2.7%
Active Listings
443
2014
- 9.0%
477
445
482
2015
2016
2014
+ 7.7%
- 6.7%
- 16.8%
Single Family/Duplex
470
436
2015
2016
- 2.5%
- 7.2%
Townhouse-Condo
Historical Inventory of Active Listings by Month
Single Family/Duplex
Townhouse-Condo
1,000
900
800
700
600
500
400 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K. | 12
Months Supply of Inventory The inventory of homes for sale at the end of a given month, divided by the average monthly closed sales from the last 12 months.
February
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Mar-2015
11.3
+11.9%
9.8
-7.5%
Apr-2015
11.1
+7.8%
9.3
-4.1%
May-2015
11.7
+1.7%
9.6
-5.0%
Jun-2015
12.9
+0.8%
10.2
-7.3%
Jul-2015
12.4
-6.1%
10.1
-8.2%
Aug-2015
12.2
-10.3%
10.1
+1.0%
Sep-2015
11.4
-8.8%
9.5
+9.2%
Oct-2015
10.5
-10.3%
8.8
+6.0%
Nov-2015
9.9
-11.6%
8.4
+1.2%
Dec-2015
9.7
-8.5%
8.0
-8.0%
Jan-2016
9.0
-18.9%
8.0
-10.1%
8.9
-20.5%
7.9
-11.2%
10.9
-6.3%
9.1
-4.0%
Months Supply
11.2
10.6
9.8 8.9
8.9 7.9
Feb-2016 2014
2015
2016
2014
2015
2016
- 2.0%
+ 14.3%
- 20.5%
- 10.9%
- 16.0%
- 11.2%
Single Family/Duplex
Townhouse-Condo
12-Month Avg*
* Months Supply for all properties from March 2015 through February 2016. This is not the average of the individual figures above.
Historical Months Supply of Inventory by Month
Single Family/Duplex
Townhouse-Condo
40.0
30.0
20.0
10.0
0.0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORSŽ MLS. Report Š 2016 by ShowingTime 10K. | 13
All Properties Activity Overview Key metrics for All Properties by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Historical Sparkbars
New Listings 2-2013
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
2-2014
2-2015
+ 10.3%
69
115
+ 66.7%
153
189
+ 23.5%
60
57
- 5.0%
121
129
+ 6.6%
$808,750
$515,000
- 36.3%
$875,000
$588,000
- 32.8%
$1,328,982 $954,478
- 28.2%
$1,413,786 $915,298
- 35.3%
95.6%
95.6%
0.0%
95.0%
95.8%
+ 0.8%
232
146
- 37.1%
202
168
- 16.8%
46
72
+ 58.1%
42
63
+ 49.8%
947
882
- 6.9%
--
--
--
9.9
8.4
- 15.2%
--
--
--
2-2016
Months Supply 2-2013
258
2-2016
Active Listings 2-2013
234
2-2016
Affordability Index 2-2013
+ 57.8%
2-2016
Days on Market 2-2013
142
2-2016
Pct. of List Price Received 2-2013
90
Percent Change
2-2016
Avg. Sales Price 2-2013
YTD 2015 YTD 2016
2-2016
Median Sales Price 2-2013
Percent Change
2-2016
Closed Sales 2-2013
2-2016
2-2016
Pending Sales 2-2013
2-2015
2-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORSŽ MLS. Report Š 2016 by ShowingTime 10K. | 14
Closed Sales Actual sales that have closed in a given month.
By Price Range – All Properties – Rolling 12 Months 391 207
2-2015
By Property Type
2-2016
2-2015
2-2016
473 273
215
196
1,148 102
113
67
62
45
84
46
68
32
26
5
511
8
637
598
1,265
664
- 5.3%
+ 21.0%
+ 27.0%
+ 10.8%
- 7.5%
+ 2.2%
- 19.0%
- 18.8%
+ 60.0%
+ 17.0%
+ 4.2%
+ 10.2%
< $300K
$300K to $599K
$600K to $999K
$1.0M to $1.4M
$1.5M to $1.9M
$2.0M to $2.5M
$2.5M to $4.9M
$5.0M to $9.9M
$10.0M+
Singe Family
Townhouse-Condo
All Properties
Rolling 12 Months Single Family Condo By Price Range $299,999 and Below $300,000 to $599,999 $600,000 to $999,999 $1,000,000 to $1,499,999 $1,500,00 to $1,999,999 $2,000,000 to $2,499,999 $2,500,000 to $4,999,999 $5,000,000 to $9,999,999 $10,000,000 and Above All Price Ranges
2-2015 63 167 114 42 35 19 47 19 5 511
2-2016 64 210 140 61 36 25 40 16 6 598
Change + 1.6% + 25.7% + 22.8% + 45.2% + 2.9% + 31.6% - 14.9% - 15.8% + 20.0% + 17.0%
2-2015 144 224 101 60 32 26 37 13 0 637
2-2016 129 263 133 52 26 21 28 10 2 664
Compared to Prior Month Single Family Condo Change - 10.4% + 17.4% + 31.7% - 13.3% - 18.8% - 19.2% - 24.3% - 23.1% -+ 4.2%
1-2016 7 5 6 1 1 0 2 0 0 22
2-2016 5 11 2 3 2 0 0 1 0 24
Change - 28.6% + 120.0% - 66.7% + 200.0% + 100.0% -- 100.0% --+ 9.1%
1-2016 9 13 16 4 4 1 2 1 0 50
2-2016 6 12 5 3 0 3 4 0 0 33
Year to Date Single Family Change - 33.3% - 7.7% - 68.8% - 25.0% - 100.0% + 200.0% + 100.0% - 100.0% -- 34.0%
Condo
YTD 2015 YTD 2016 Change YTD 2015 YTD 2016 8 12 + 50.0% 8 15 8 16 + 100.0% 17 25 10 8 - 20.0% 15 21 4 4 0.0% 8 7 7 3 - 57.1% 10 4 2 0 - 100.0% 8 4 7 2 - 71.4% 4 6 4 1 - 75.0% 1 1 0 0 -0 0 50 46 - 8.0% 71 83
Change + 87.5% + 47.1% + 40.0% - 12.5% - 60.0% - 50.0% + 50.0% 0.0% -+ 16.9%
Inventory of Active Listings A measure of the number of homes available for sale at a given time.
By Price Range – All Properties 148 46
2-2015
177 124
128
112
124
105
155
132 58
39
By Property Type
2-2016
2-2015
947
165 94
65
2-2016
89
477 36
470
445
882
436
32
- 15.2%
- 16.2%
- 36.7%
- 3.1%
+ 25.7%
+ 12.1%
+ 6.5%
- 5.3%
- 11.1%
- 6.7%
- 7.2%
- 6.9%
< $300K
$300K to $599K
$600K to $999K
$1.0M to $1.4M
$1.5M to $1.9M
$2.0M to $2.5M
$2.5M to $4.9M
$5.0M to $9.9M
$10.0M+
Singe Family
Townhouse-Condo
All Properties
Year over Year Single Family By Price Range $299,999 and Below $300,000 to $599,999 $600,000 to $999,999 $1,000,000 to $1,499,999 $1,500,00 to $1,999,999 $2,000,000 to $2,499,999 $2,500,000 to $4,999,999 $5,000,000 to $9,999,999 $10,000,000 and Above All Price Ranges
2-2015 22 50 79 60 56 31 102 52 25 477
2-2016 19 34 51 62 68 34 102 51 24 445
Change - 13.6% - 32.0% - 35.4% + 3.3% + 21.4% + 9.7% 0.0% - 1.9% - 4.0% - 6.7%
Compared to Prior Month Single Family Condo
Condo 2-2015 24 98 98 68 49 27 53 42 11 470
2-2016 20 90 61 62 64 31 63 38 7 436
Change - 16.7% - 8.2% - 37.8% - 8.8% + 30.6% + 14.8% + 18.9% - 9.5% - 36.4% - 7.2%
1-2016 11 40 54 62 67 33 111 49 26 453
2-2016 19 34 51 62 68 34 102 51 24 445
Change + 72.7% - 15.0% - 5.6% 0.0% + 1.5% + 3.0% - 8.1% + 4.1% - 7.7% - 1.8%
1-2016 22 87 69 68 64 28 62 38 7 445
2-2016 20 90 61 62 64 31 63 38 7 436
Year to Date Single Family Change - 9.1% + 3.4% - 11.6% - 8.8% 0.0% + 10.7% + 1.6% 0.0% 0.0% - 2.0%
Condo
There are no year-to-date figures for inventory because it is simply a snapshot frozen in time at the end of each month. It does not add up over a period of months.
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K. | 15
Glossary of Terms A research tool provided by the Colorado Association of REALTORS®
New Listings
A measure of how much new supply is coming onto the market from sellers.
Pending Sales
A count of all the listings that went into Pending during the reported period. Pending listings are counted at the end of the reported period. Each listing can only be counted one time. If a listing goes into Pending, out of Pending, then back into Pending all in one reported period, this listing would only be counted once. This is the most real-time measure possible for home buyer activity, as it measures signed contracts on sales rather than the actual closed sale. As such, it is called a "leading indicator" of buyer demand.
Closed Sales
A measure of home sales that were closed to completion during the report period.
Median Sales Price
A measure of home values in a market area where 50% of activity was higher and 50% was lower than this price point.
Average Sales Price
A sum of all home sales prices divided by total number of sales.
Percent of List Price Received
A mathematical calculation of the percent difference from last list price and sold price for those listings sold in the reported period.
Days on Market Until Sale
A measure of how long it takes homes to sell, on average.
Housing Affordability Index
A measure of how affordable a region’s housing is to its consumers. A higher number means greater affordability. The index is based on interest rates, median sales price and average income by county.
Inventory of Active Listings
A measure of the number of homes available for sale at a given time. The availability of homes for sale has a big effect on supply-demand dynamics and home prices.
Months Supply of Inventory
A measure of how balanced the market is between buyers and sellers. It is expressed as the number of months it would hypothetically take to sell through all the available homes for sale, given current levels of home sales. A balanced market ranges from 4 to 7 months of supply. A buyer's market has a higher number, reflecting fewer buyers relative to homes for sale. A seller's market has a lower number, reflecting more buyers relative to homes for sale.
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K. | 16
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Arrowhead February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
1
0
- 100.0%
4
3
- 25.0%
Sold Listings
0
1
--
2
1
- 50.0%
Median Sales Price*
$0
$1,425,000
--
$3,024,375
$1,425,000
- 52.9%
Average Sales Price*
$0
$1,425,000
--
$3,024,375
$1,425,000
- 52.9%
0.0%
95.3%
--
93.9%
95.3%
+ 1.5%
Days on Market Until Sale
0
187
--
475
187
- 60.6%
Inventory of Homes for Sale
27
21
- 22.2%
--
--
--
Months Supply of Inventory
14.3
5.6
- 60.8%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
- 66.7%
7
3
- 57.1%
- 100.0%
4
1
- 75.0%
- 100.0%
$732,500
$600,000
- 18.1%
- 100.0%
$1,114,375
$600,000
- 46.2%
0.0%
- 100.0%
96.8%
92.4%
- 4.5%
Key Metrics
2015
2016
New Listings
3
1
Sold Listings
2
0
Median Sales Price*
$732,500
$0
Average Sales Price*
$732,500
$0
100.0%
Percent of List Price Received*
Year to Date Percent Change from Previous Year
Days on Market Until Sale
603
0
- 100.0%
438
27
- 93.8%
Inventory of Homes for Sale
17
13
- 23.5%
--
--
--
Months Supply of Inventory
5.8
4.9
- 15.5%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Arrowhead —
$4,000,000
Entire MLS — Arrowhead — $1,000,000 $900,000
$3,000,000
$800,000 $700,000
$2,000,000 $600,000 $500,000
$1,000,000
$400,000 $0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$300,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Beaver Creek/Bachelor Gulch February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
1
4
+ 300.0%
5
7
+ 40.0%
Sold Listings
2
1
- 50.0%
5
2
- 60.0%
Median Sales Price*
$3,125,000
$6,175,000
+ 97.6%
$5,120,000
$3,825,000
- 25.3%
Average Sales Price*
$3,125,000
$6,175,000
+ 97.6%
$5,214,000
$3,825,000
- 26.6%
96.9%
95.0%
- 2.0%
91.0%
94.3%
+ 3.6%
Days on Market Until Sale
606
413
- 31.8%
278
215
- 22.7%
Inventory of Homes for Sale
50
51
+ 2.0%
--
--
--
Months Supply of Inventory
21.7
28.7
+ 32.3%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
2015
2016
Percent Change from Previous Year
New Listings
7
17
+ 142.9%
28
33
+ 17.9%
Sold Listings
11
5
- 54.5%
23
10
- 56.5%
Median Sales Price*
$1,130,000
$2,400,000
+ 112.4%
$1,200,000
$1,600,000
+ 33.3%
Average Sales Price*
$1,287,018
$2,188,000
+ 70.0%
$1,490,330
$2,002,900
+ 34.4%
94.8%
95.6%
+ 0.8%
95.6%
95.5%
- 0.1%
Key Metrics
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
Days on Market Until Sale
264
89
- 66.3%
173
208
+ 20.2%
Inventory of Homes for Sale
143
140
- 2.1%
--
--
--
Months Supply of Inventory
16.8
20.5
+ 22.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Beaver Creek/Bachelor Gulch — $8,000,000
Entire MLS — Beaver Creek/Bachelor Gulch — $1,600,000 $1,400,000
$6,000,000
$1,200,000 $1,000,000
$4,000,000 $800,000 $600,000
$2,000,000
$400,000 $0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$200,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Cordillera Includes the MLS areas of Cordillera Valley Club, Cordillera The Summit, Cordillera The Ranch, Cordillera The Divide, Red Canyon, Colorow and Squaw Creek
February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
8
7
- 12.5%
12
15
+ 25.0%
Sold Listings
4
2
- 50.0%
4
2
- 50.0%
Median Sales Price*
$1,637,500
$1,365,000
- 16.6%
$1,637,500
$1,365,000
- 16.6%
Average Sales Price*
$1,755,725
$1,365,000
- 22.3%
$1,755,725
$1,365,000
- 22.3%
90.8%
92.8%
+ 2.2%
90.8%
92.8%
+ 2.2%
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
Days on Market Until Sale
443
68
- 84.7%
443
68
- 84.7%
Inventory of Homes for Sale
81
85
+ 4.9%
--
--
--
Months Supply of Inventory
22.3
21.7
- 2.7%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
0
0
--
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
1
0
- 100.0%
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Cordillera —
Entire MLS — Cordillera —
$2,000,000
$1,200,000
$1,750,000
$1,000,000
$1,500,000
$800,000
$1,250,000
$600,000
$1,000,000
$400,000
$750,000
$200,000
$500,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Dotsero/Sweetwater February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
2
4
+ 100.0%
6
4
- 33.3%
Sold Listings
2
5
+ 150.0%
3
8
+ 166.7%
Median Sales Price*
$228,289
$272,000
+ 19.1%
$215,000
$270,500
+ 25.8%
Average Sales Price*
$228,289
$273,965
+ 20.0%
$215,526
$302,478
+ 40.3%
113.7%
98.7%
- 13.2%
108.3%
99.0%
- 8.6%
Days on Market Until Sale
52
56
+ 7.7%
37
51
+ 37.8%
Inventory of Homes for Sale
13
12
- 7.7%
--
--
--
Months Supply of Inventory
8.7
3.6
- 58.6%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
0
0
--
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Dotsero/Sweetwater —
$800,000
Entire MLS — Dotsero/Sweetwater — $600,000
$700,000
$500,000
$600,000 $400,000 $500,000 $300,000 $400,000 $200,000 $300,000 $100,000
$200,000 $100,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Eagle Includes the MLS areas of Eagle and Brush Creek February
Single Family
Year to Date Percent Change from Previous Year
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
Key Metrics
2015
2016
New Listings
5
3
- 40.0%
12
5
- 58.3%
Sold Listings
1
2
+ 100.0%
2
2
0.0%
Median Sales Price*
$630,000
$496,500
- 21.2%
$613,500
$496,500
- 19.1%
Average Sales Price*
$630,000
$496,500
- 21.2%
$613,500
$496,500
- 19.1%
100.0%
97.4%
- 2.6%
99.0%
97.4%
- 1.6%
Days on Market Until Sale
10
16
+ 60.0%
84
16
- 81.0%
Inventory of Homes for Sale
27
18
- 33.3%
--
--
--
Months Supply of Inventory
7.7
3.4
- 55.8%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
3
7
+ 133.3%
6
12
+ 100.0%
Sold Listings
0
2
--
0
6
--
Median Sales Price*
$0
$265,000
--
$0
$295,000
--
Average Sales Price*
$0
$265,000
--
$0
$307,500
--
0.0%
98.4%
--
0.0%
96.2%
--
Days on Market Until Sale
0
30
--
0
71
--
Inventory of Homes for Sale
7
13
+ 85.7%
--
--
--
Months Supply of Inventory
2.6
3.7
+ 42.3%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Eagle —
$800,000
Entire MLS — Eagle — $600,000
$700,000
$500,000
$600,000 $400,000 $500,000 $300,000 $400,000 $200,000
$300,000
$200,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$100,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Eagle-Vail & Avon February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
1
6
Sold Listings
1
0
Median Sales Price*
$747,000
Average Sales Price*
$747,000 96.4%
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
+ 500.0%
2
8
+ 300.0%
- 100.0%
1
2
+ 100.0%
$0
- 100.0%
$747,000
$625,000
- 16.3%
$0
- 100.0%
$747,000
$625,000
- 16.3%
0.0%
- 100.0%
96.4%
96.1%
- 0.3%
Days on Market Until Sale
325
0
- 100.0%
325
65
- 80.0%
Inventory of Homes for Sale
12
13
+ 8.3%
--
--
--
Months Supply of Inventory
4.4
4.2
- 4.5%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date Percent Change from Previous Year
Thru 02-2015
Percent Change from Previous Year
Key Metrics
2015
2016
New Listings
9
16
+ 77.8%
19
34
+ 78.9%
Sold Listings
5
9
+ 80.0%
9
28
+ 211.1%
Median Sales Price*
$300,000
$439,000
+ 46.3%
$300,000
$557,500
+ 85.8%
Average Sales Price*
$413,400
$474,363
+ 14.7%
$354,944
$601,128
+ 69.4%
96.2%
97.0%
+ 0.8%
97.1%
98.3%
+ 1.2%
Days on Market Until Sale
93
91
- 2.2%
58
108
+ 86.2%
Inventory of Homes for Sale
78
71
- 9.0%
--
--
--
Months Supply of Inventory
6.6
5.3
- 19.7%
--
--
--
Percent of List Price Received*
Thru 02-2016
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Eagle-Vail & Avon —
Entire MLS — Eagle-Vail & Avon —
$800,000
$600,000
$700,000
$500,000
$600,000
$400,000
$500,000
$300,000
$400,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$200,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
East Vail Includes the MLS areas of East Vail, Booth Creek and Vail Golf course February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
3
1
- 66.7%
10
5
- 50.0%
Sold Listings
2
1
- 50.0%
4
3
- 25.0%
Median Sales Price*
$2,612,500
$897,500
- 65.6%
$2,306,250
$3,495,000
+ 51.5%
Average Sales Price*
$2,612,500
$897,500
- 65.6%
$2,290,625
$2,797,500
+ 22.1%
74.2%
96.0%
+ 29.4%
83.2%
95.7%
+ 15.0%
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
Days on Market Until Sale
270
21
- 92.2%
353
359
+ 1.7%
Inventory of Homes for Sale
30
37
+ 23.3%
--
--
--
Months Supply of Inventory
11.4
16.3
+ 43.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
3
6
+ 100.0%
6
13
+ 116.7%
Sold Listings
1
3
+ 200.0%
4
8
+ 100.0%
Median Sales Price*
$565,000
$300,000
- 46.9%
$497,000
$555,000
+ 11.7%
Average Sales Price*
$565,000
$356,667
- 36.9%
$554,250
$725,850
+ 31.0%
94.3%
95.1%
+ 0.8%
97.0%
94.6%
- 2.5%
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
Days on Market Until Sale
246
31
- 87.4%
147
122
- 17.0%
Inventory of Homes for Sale
16
23
+ 43.8%
--
--
--
Months Supply of Inventory
3.2
3.9
+ 21.9%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — East Vail —
$2,000,000
Entire MLS — East Vail — $600,000
$1,750,000
$550,000
$1,500,000 $500,000 $1,250,000 $450,000 $1,000,000 $400,000
$750,000
$500,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$350,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Eagle Ranch February
Single Family
Year to Date Percent Change from Previous Year
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
Key Metrics
2015
2016
New Listings
8
9
+ 12.5%
14
12
- 14.3%
Sold Listings
1
2
+ 100.0%
3
5
+ 66.7%
Median Sales Price*
$1,175,000
$702,750
- 40.2%
$690,000
$590,000
- 14.5%
Average Sales Price*
$1,175,000
$702,750
- 40.2%
$831,667
$703,100
- 15.5%
91.1%
94.2%
+ 3.4%
94.0%
94.6%
+ 0.6%
Days on Market Until Sale
377
232
- 38.5%
170
172
+ 1.2%
Inventory of Homes for Sale
38
21
- 44.7%
--
--
--
Months Supply of Inventory
9.7
4.5
- 53.6%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
3
1
- 66.7%
4
2
- 50.0%
Sold Listings
0
0
--
0
1
--
Median Sales Price*
$0
$0
--
$0
$260,000
--
Average Sales Price*
$0
$0
--
$0
$260,000
--
0.0%
0.0%
--
0.0%
96.8%
--
Days on Market Until Sale
0
0
--
0
31
--
Inventory of Homes for Sale
4
0
- 100.0%
--
--
--
Months Supply of Inventory
1.6
0.0
- 100.0%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Eagle Ranch —
$800,000
Entire MLS — Eagle Ranch — $600,000
$500,000 $700,000 $400,000 $600,000 $300,000 $500,000 $200,000
$400,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$100,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Edwards Includes the MLS areas of Edwards/Scottsville, Homestead and Lake Creek Valley February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
3
0
- 100.0%
5
2
- 60.0%
Sold Listings
0
0
--
2
2
0.0%
Median Sales Price*
$0
$0
--
$925,683
$605,000
- 34.6%
Average Sales Price*
$0
$0
--
$925,683
$605,000
- 34.6%
0.0%
0.0%
--
97.5%
88.0%
- 9.7%
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
Days on Market Until Sale
0
0
--
324
213
- 34.3%
Inventory of Homes for Sale
26
35
+ 34.6%
--
--
--
Months Supply of Inventory
7.0
10.1
+ 44.3%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
3
9
+ 200.0%
6
12
+ 100.0%
Sold Listings
4
3
- 25.0%
8
7
- 12.5%
Median Sales Price*
$421,500
$397,000
- 5.8%
$414,000
$340,000
- 17.9%
Average Sales Price*
$418,875
$518,000
+ 23.7%
$392,438
$443,714
+ 13.1%
95.6%
96.5%
+ 0.9%
94.1%
95.8%
+ 1.8%
Days on Market Until Sale
123
149
+ 21.1%
77
105
+ 36.4%
Inventory of Homes for Sale
18
14
- 22.2%
--
--
--
Months Supply of Inventory
3.2
2.5
- 21.9%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Edwards —
$1,100,000
Entire MLS — Edwards — $600,000
$1,000,000 $500,000 $900,000
$800,000
$400,000
$700,000 $300,000 $600,000
$500,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$200,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Gypsum Includes the MLS areas of Gypsum, Cotton Ranch, Gypsum Valley and Brightwater Club February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
4
10
+ 150.0%
17
16
- 5.9%
Sold Listings
7
5
- 28.6%
8
6
- 25.0%
Median Sales Price*
$340,000
$416,623
+ 22.5%
$342,000
$373,312
+ 9.2%
Average Sales Price*
$320,643
$402,325
+ 25.5%
$324,250
$381,104
+ 17.5%
100.3%
98.7%
- 1.6%
100.3%
97.6%
- 2.7%
Days on Market Until Sale
68
110
+ 61.8%
63
102
+ 61.9%
Inventory of Homes for Sale
32
25
- 21.9%
--
--
--
Months Supply of Inventory
4.2
2.9
- 31.0%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
1
1
0.0%
3
5
+ 66.7%
Sold Listings
1
1
0.0%
1
2
+ 100.0%
Median Sales Price*
$237,000
$155,000
- 34.6%
$237,000
$302,176
+ 27.5%
Average Sales Price*
$237,000
$155,000
- 34.6%
$237,000
$302,176
+ 27.5%
96.0%
93.9%
- 2.2%
96.0%
101.1%
+ 5.3%
Days on Market Until Sale
13
35
+ 169.2%
13
98
+ 653.8%
Inventory of Homes for Sale
2
4
+ 100.0%
--
--
--
Months Supply of Inventory
1.2
2.4
+ 100.0%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Gypsum —
Entire MLS — Gypsum —
$800,000
$600,000
$700,000
$500,000
$600,000
$400,000
$500,000
$300,000
$400,000
$200,000
$300,000
$100,000
$200,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Minturn and Red Cliff February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
0
0
--
0
3
--
Sold Listings
0
0
--
1
1
0.0%
Median Sales Price*
$0
$0
--
$86,000
$550,000
+ 539.5%
Average Sales Price*
$0
$0
--
$86,000
$550,000
+ 539.5%
0.0%
0.0%
--
57.3%
95.7%
+ 67.0%
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
Days on Market Until Sale
0
0
--
94
146
+ 55.3%
Inventory of Homes for Sale
9
13
+ 44.4%
--
--
--
Months Supply of Inventory
5.8
6.5
+ 12.1%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
1
0
- 100.0%
1
0
- 100.0%
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
3
1
- 66.7%
--
--
--
Months Supply of Inventory
3.0
0.8
- 73.3%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Minturn and Red Cliff —
$800,000
Entire MLS — Minturn and Red Cliff — $600,000
$700,000 $500,000 $600,000
$500,000
$400,000
$400,000 $300,000 $300,000
$200,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$200,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Mountain Star February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
0
0
--
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
5
2
- 60.0%
--
--
--
Months Supply of Inventory
5.0
2.0
- 60.0%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
0
0
--
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Mountain Star —
Entire MLS — Mountain Star —
$6,000,000
$600,000
$5,000,000
$500,000
$4,000,000
$400,000
$3,000,000
$300,000
$2,000,000
$200,000
$1,000,000
$100,000
$0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
NW Eagle County February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
0
0
--
0
0
--
Sold Listings
0
0
--
0
1
--
Median Sales Price*
$0
$0
--
$0
$249,000
--
Average Sales Price*
$0
$0
--
$0
$249,000
--
0.0%
0.0%
--
0.0%
100.0%
--
Days on Market Until Sale
0
0
--
0
8
--
Inventory of Homes for Sale
2
2
0.0%
--
--
--
Months Supply of Inventory
2.0
2.0
0.0%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
0
0
--
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — NW Eagle County —
Entire MLS — NW Eagle County —
$3,000,000
$600,000
$2,500,000
$500,000
$2,000,000
$400,000
$1,500,000
$300,000
$1,000,000
$200,000
$500,000
$100,000
$0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Sandstone Includes the MLS areas of Spraddle Creek, Potato Patch and Sandstone/Lionsridge February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
0
1
--
0
2
--
Sold Listings
0
0
--
1
1
0.0%
Median Sales Price*
$0
$0
--
$875,000
$850,000
- 2.9%
Average Sales Price*
$0
$0
--
$875,000
$850,000
- 2.9%
0.0%
0.0%
--
95.1%
95.0%
- 0.1%
Days on Market Until Sale
0
0
--
53
92
+ 73.6%
Inventory of Homes for Sale
6
8
+ 33.3%
--
--
--
Months Supply of Inventory
6.0
8.0
+ 33.3%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo Key Metrics
2015
2016
New Listings
2
2
Sold Listings
1
2
Median Sales Price*
$661,000
$555,625
Average Sales Price*
$661,000
$555,625
97.3%
Days on Market Until Sale Inventory of Homes for Sale Months Supply of Inventory
Percent of List Price Received*
Year to Date Percent Change from Previous Year
Percent Change from Previous Year
Thru 02-2015
Thru 02-2016
0.0%
6
5
- 16.7%
+ 100.0%
2
6
+ 200.0%
- 15.9%
$643,000
$706,500
+ 9.9%
- 15.9%
$643,000
$888,208
+ 38.1%
97.4%
+ 0.1%
98.7%
95.9%
- 2.8%
210
345
+ 64.3%
121
315
+ 160.3%
21
12
- 42.9%
--
--
--
8.4
3.2
- 61.9%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Sandstone —
$1,800,000
Entire MLS — Sandstone — $600,000
$1,600,000 $550,000 $1,400,000 $500,000
$1,200,000 $1,000,000
$450,000
$800,000 $400,000 $600,000 $400,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$350,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Singletree February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
1
3
+ 200.0%
8
4
- 50.0%
Sold Listings
0
1
--
3
2
- 33.3%
Median Sales Price*
$0
$1,875,000
--
$799,000
$1,732,500
+ 116.8%
Average Sales Price*
$0
$1,875,000
--
$808,083
$1,732,500
+ 114.4%
0.0%
94.0%
--
96.3%
94.5%
- 1.9%
Days on Market Until Sale
0
268
--
144
242
+ 68.1%
Inventory of Homes for Sale
19
15
- 21.1%
--
--
--
Months Supply of Inventory
4.6
4.2
- 8.7%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo Key Metrics
2015
2016
New Listings
0
1
Sold Listings
1
0
Median Sales Price*
$377,500
$0
Average Sales Price*
$377,500
$0
94.6%
Percent of List Price Received*
Year to Date Percent Change from Previous Year
Percent Change from Previous Year
Thru 02-2015
Thru 02-2016
--
0
1
--
- 100.0%
1
0
- 100.0%
- 100.0%
$377,500
$0
- 100.0%
- 100.0%
$377,500
$0
- 100.0%
0.0%
- 100.0%
94.6%
0.0%
- 100.0%
Days on Market Until Sale
32
0
- 100.0%
32
0
- 100.0%
Inventory of Homes for Sale
2
2
0.0%
--
--
--
Months Supply of Inventory
2.0
2.0
0.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Singletree —
Entire MLS — Singletree —
$900,000
$700,000
$800,000
$600,000
$700,000
$500,000
$600,000
$400,000
$500,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$300,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Town of Vail February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
4
10
Sold Listings
5
3
Median Sales Price*
$2,500,000
Average Sales Price*
$3,860,000
Percent Change from Previous Year
Thru 02-2015
Thru 02-2016
+ 150.0%
16
17
+ 6.3%
- 40.0%
11
6
- 45.5%
$595,000
- 76.2%
$2,175,000
$873,750
- 59.8%
$674,167
- 82.5%
$2,684,773
$1,727,917
- 35.6%
85.9%
86.2%
+ 0.3%
89.9%
90.8%
+ 1.0%
Days on Market Until Sale
351
132
- 62.4%
300
257
- 14.3%
Inventory of Homes for Sale
78
90
+ 15.4%
--
--
--
Months Supply of Inventory
13.0
16.6
+ 27.7%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
15
20
+ 33.3%
43
43
0.0%
Sold Listings
8
12
+ 50.0%
24
27
+ 12.5%
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
Median Sales Price*
$1,686,250
$739,000
- 56.2%
$1,400,000
$888,000
- 36.6%
Average Sales Price*
$2,137,938
$1,247,729
- 41.6%
$1,651,625
$1,247,677
- 24.5%
93.8%
93.9%
+ 0.1%
94.4%
93.3%
- 1.2%
Days on Market Until Sale
197
238
+ 20.8%
254
313
+ 23.2%
Inventory of Homes for Sale
190
175
- 7.9%
--
--
--
Months Supply of Inventory
11.0
9.3
- 15.5%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Town of Vail —
$2,250,000
Entire MLS — Town of Vail — $1,400,000
$2,000,000
$1,200,000
$1,750,000 $1,000,000 $1,500,000 $800,000 $1,250,000 $600,000 $1,000,000 $400,000
$750,000 $500,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$200,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Vail Village and Lionshead Includes the MLS areas of Vail Village and Lionshead February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
1
2
Sold Listings
1
0
Median Sales Price*
$9,400,000
Average Sales Price*
$9,400,000 94.0%
Percent of List Price Received*
Percent Change from Previous Year
Thru 02-2015
Thru 02-2016
+ 100.0%
2
2
0.0%
- 100.0%
1
0
- 100.0%
$0
- 100.0%
$9,400,000
$0
- 100.0%
$0
- 100.0%
$9,400,000
$0
- 100.0%
0.0%
- 100.0%
94.0%
0.0%
- 100.0%
Days on Market Until Sale
350
0
- 100.0%
350
0
- 100.0%
Inventory of Homes for Sale
10
12
+ 20.0%
--
--
--
Months Supply of Inventory
5.8
6.7
+ 15.5%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo Key Metrics
2015
2016
New Listings
9
10
Sold Listings
4
6
Median Sales Price*
$2,447,500
$2,125,000
Average Sales Price*
$3,413,750
$2,089,583
93.5%
Days on Market Until Sale Inventory of Homes for Sale Months Supply of Inventory
Percent of List Price Received*
Year to Date Percent Change from Previous Year
Percent Change from Previous Year
Thru 02-2015
Thru 02-2016
+ 11.1%
27
22
- 18.5%
+ 50.0%
14
9
- 35.7%
- 13.2%
$1,975,000
$2,150,000
+ 8.9%
- 38.8%
$2,342,857
$2,196,944
- 6.2%
91.9%
- 1.7%
93.1%
90.7%
- 2.6%
253
288
+ 13.8%
348
541
+ 55.5%
137
131
- 4.4%
--
--
--
18.9
18.1
- 4.2%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Vail Village and Lionshead —
Entire MLS — Vail Village and Lionshead —
$12,000,000
$3,000,000
$10,000,000
$2,500,000
$8,000,000
$2,000,000
$6,000,000
$1,500,000
$4,000,000
$1,000,000
$2,000,000
$500,000
$0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
West Vail Includes the MLS areas of Cascade Village/Glen Lyon, The Valley Ridge at Vail, West Vail North, Highlands Meadows and West Vail South
February
Single Family
Year to Date Percent Change from Previous Year
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
Key Metrics
2015
2016
New Listings
0
6
--
4
8
+ 100.0%
Sold Listings
2
2
0.0%
5
2
- 60.0%
Median Sales Price*
$2,337,500
$562,500
- 75.9%
$2,175,000
$562,500
- 74.1%
Average Sales Price*
$2,337,500
$562,500
- 75.9%
$2,019,000
$562,500
- 72.1%
93.6%
81.3%
- 13.1%
93.3%
81.3%
- 12.9%
Days on Market Until Sale
434
188
- 56.7%
297
188
- 36.7%
Inventory of Homes for Sale
32
33
+ 3.1%
--
--
--
Months Supply of Inventory
12.6
12.7
+ 0.8%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
1
2
+ 100.0%
4
3
- 25.0%
Sold Listings
2
1
- 50.0%
4
4
0.0%
Median Sales Price*
$1,111,250
$254,000
- 77.1%
$592,500
$487,365
- 17.7%
Average Sales Price*
$1,111,250
$254,000
- 77.1%
$834,000
$694,683
- 16.7%
92.4%
95.0%
+ 2.8%
94.3%
92.6%
- 1.8%
Days on Market Until Sale
52
347
+ 567.3%
96
181
+ 88.5%
Inventory of Homes for Sale
16
9
- 43.8%
--
--
--
Months Supply of Inventory
5.9
3.1
- 47.5%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — West Vail —
Entire MLS — West Vail —
$2,000,000
$600,000
$1,750,000
$550,000
$1,500,000
$500,000
$1,250,000
$450,000
$1,000,000
$400,000
$750,000
$350,000
$500,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$300,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Wildridge/Wildwood February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
1
2
+ 100.0%
5
3
- 40.0%
Sold Listings
3
1
- 66.7%
3
1
- 66.7%
Median Sales Price*
$619,000
$1,050,000
+ 69.6%
$619,000
$1,050,000
+ 69.6%
Average Sales Price*
$763,417
$1,050,000
+ 37.5%
$763,417
$1,050,000
+ 37.5%
97.4%
95.6%
- 1.8%
97.4%
95.6%
- 1.8%
Days on Market Until Sale
233
350
+ 50.2%
233
350
+ 50.2%
Inventory of Homes for Sale
18
15
- 16.7%
--
--
--
Months Supply of Inventory
7.3
7.5
+ 2.7%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
2
0
- 100.0%
2
0
- 100.0%
Sold Listings
1
1
0.0%
1
1
0.0%
Median Sales Price*
$575,000
$605,000
+ 5.2%
$575,000
$605,000
+ 5.2%
Average Sales Price*
$575,000
$605,000
+ 5.2%
$575,000
$605,000
+ 5.2%
100.0%
96.8%
- 3.2%
100.0%
96.8%
- 3.2%
Percent of List Price Received* Days on Market Until Sale
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
212
106
- 50.0%
212
106
- 50.0%
Inventory of Homes for Sale
2
1
- 50.0%
--
--
--
Months Supply of Inventory
1.1
0.7
- 36.4%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Wildridge/Wildwood —
$900,000
Entire MLS — Wildridge/Wildwood — $600,000
$500,000 $800,000 $400,000
$700,000
$300,000
$200,000 $600,000 $100,000
$500,000 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.
Local Market Update for February 2016 A Research Tool Provided by the Colorado Association of REALTORS®
Wolcott Includes the MLS areas of Bellyache, Wolcott and Red Sky Ranch February
Single Family
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
2
0
- 100.0%
4
0
- 100.0%
Sold Listings
1
0
- 100.0%
1
1
0.0%
Median Sales Price*
$1,965,000
$0
- 100.0%
$1,965,000
$680,000
- 65.4%
Average Sales Price*
$1,965,000
$0
- 100.0%
$1,965,000
$680,000
- 65.4%
90.3%
0.0%
- 100.0%
90.3%
97.3%
+ 7.8%
Days on Market Until Sale
315
0
- 100.0%
315
80
- 74.6%
Inventory of Homes for Sale
14
7
- 50.0%
--
--
--
Months Supply of Inventory
14.0
5.6
- 60.0%
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
February
Townhouse-Condo
Year to Date
Key Metrics
2015
2016
Percent Change from Previous Year
New Listings
0
0
--
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
Percent of List Price Received*
Thru 02-2015
Thru 02-2016
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Wolcott —
$4,000,000
Entire MLS — Wolcott — $600,000
$500,000 $3,000,000 $400,000
$2,000,000
$300,000
$200,000 $1,000,000 $100,000
$0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
$0 1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current as of March 6, 2016. All data from the Vail Board of REALTORS® MLS. Report © 2016 by ShowingTime 10K.