Monthly Indicators December 2014 It has been another recovery year in 2014 but not the same as 2013. With a broad pattern of rising prices and stable to improving inventory, the market has shifted from being drastically undersupplied to approaching equilibrium. Price gains are still positive but less robust than last year. The metrics to watch in 2015 include days on market, percent of list price received and absorption rates, as these can offer deeper and more meaningful insights into the future direction of housing. New Listings were up 21.9 percent for single family/duplex homes and 57.6 percent for townhouse-condo properties. Pending Sales increased 4.5 percent for single family/duplex homes and 70.0 percent for townhouse-condo properties. The Median Sales Price was up 27.6 percent to $775,000 for single family/duplex homes and 49.3 percent to $635,000 for townhouse-condo properties. Months Supply of Inventory decreased 7.8 percent for single family/duplex units and 25.9 percent for townhouse-condo units. Interest rates remained lower than anyone expected for the entire year. That trend snowballed with solid and accelerating private job growth to empower more consumers to buy homes. This coupled nicely on the governmental side with mortgage debt forgiveness and interest deduction preservation. Student loan debt, sluggish wage growth and a lack of sufficient mortgage liquidity still remain hurdles to greater recovery. That said, Colorado has an economy that's the envy of most states and is well-positioned for continued recovery in 2015.
Monthly Snapshot + 25.3%
- 14.0%
+ 25.5%
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速 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 January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing.
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 12-2011
12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
12-2012 12 2012
12-2013 12 2013
32
39
+ 21.9%
857
844
- 1.5%
22
23
+ 4.5%
529
517
- 2.3%
44
49
+ 11.4%
544
516
- 5.1%
$607,500
$775,000
+ 27.6%
$600,000
$665,000
+ 10.8%
$ $1,273,268 $ $2,071,922 12-2012
12-2013
Days on Market
12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
94.5%
- 0.4%
95.6%
95.4%
- 0.2%
137
198
+ 44.5%
161
163
+ 1.2%
56
45
- 19.6%
56
53
- 5.4%
467
410
- 12.2%
--
--
--
10.3
9.5
- 7.8%
--
--
--
12-2014
Months Supply 12-2011
94.9%
12-2014
Active Listings 12-2011
+ 23.7%
12-2014
Affordability Index 12-2011
$ $1,072,509 $ $1,326,709
12-2014
` 12-2011
+ 62.7%
12-2014
Pct. of List Price Received 12-2011
Percent Change
12-2014 12 2014
A Avg. S Sales l P Price i 12-2011
YTD 2013 YTD 2014
12-2014
Median Sales Price 12-2011 12 2011
Percent Change
12-2014
Closed Sales 12-2011
12-2014
12-2014
Pending Sales 12-2011
12-2013
12-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 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 12-2011
12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
12-2012 12 2012
12-2013 12 2013
66
104
+ 57.6%
789
868
+ 10.0%
30
51
+ 70.0%
546
649
+ 18.9%
39
55
+ 41.0%
547
626
+ 14.4%
$425,300
$635,000
+ 49.3%
$420,000
$488,500
+ 16.3%
+ 23.7%
$ $799,673
$ $955,576
+ 19.5%
$ $878,973 $ $1,087,566 12-2012
12-2013
12-2014
Pct. of List Price Received 12-2011
12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
94.8%
95.3%
+ 0.5%
277
207
- 25.3%
212
188
- 11.3%
79
55
- 30.4%
80
72
- 10.0%
492
415
- 15.7%
--
--
--
10.8
8.0
- 25.9%
--
--
--
12-2014
Months Supply 12-2011
- 0.8%
12-2014
Active Listings 12-2011
95.1%
12-2014
Affordability Index 12-2011
95.9% 12-2014
Days on Market 12-2011
Percent Change
12-2014 12 2014
A Avg. S Sales l P Price i 12-2011
YTD 2013 YTD 2014
12-2014
Median Sales Price 12-2011 12 2011
Percent Change
12-2014
Closed Sales 12-2011
12-2014
12-2014
Pending Sales 12-2011
12-2013
12-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 3
New Listings A count of the properties that have been newly listed on the market in a given month.
Year to Date
December 104
853
857
844
868
842 789
66
66
53 39 32
2012
2013
2014
2012
2013
2014
2012
2013
2014
2012
2013
2014
- 28.4% 28 4%
- 39.6% 39 6%
+ 21.9% 21 9%
- 27.5% 27 5%
0.0% 0 0%
+ 57.6% 57 6%
4 2% - 4.2%
+ 0.5% 0 5%
- 1.5% 1 5%
3 9% - 3.9%
-6 6.3% 3%
+ 10.0% 10 0%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
New Listings
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Jan-2014
57
+11.8%
53
-1.9%
Feb-2014
35
-48.5%
54
-1.8%
Mar-2014
67
+19.6%
72
+16.1%
Apr-2014
77
+18.5%
72
+56.5%
May-2014
99
+13.8%
87
+20.8%
Jun-2014
141
-2.8%
110
-5.2%
Jul-2014
89
-28.8%
89
-5.3%
Aug-2014
79
+11.3%
52
-33.3%
Sep-2014
52
-5.5%
54
+14.9%
Oct-2014
61
-1.6%
64
+25.5%
Nov-2014
48
+20.0%
57
+18.8%
Dec-2014
39
+21.9%
104
+57.6%
12-Month 12 Month Avg
70
-1.5% 1.5%
72
+10.0%
Townhouse-Condo
Historical New Listings by Month
Single Family/Duplex
Townhouse-Condo
200
175
150
125
100
75
50
25 1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 4
Pending Sales A count of the properties on which offers have been accepted in a given month.
Year to Date
December
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Jan-2014
38
-5.0%
48
+17.1%
Feb-2014
38
-7.3%
46
+31.4%
Mar-2014
49
-19.7%
48
+2.1%
Apr-2014
42
-14.3%
70
+79.5%
May-2014
36
+24.1%
34
-33.3%
Jun-2014
43
-8.5%
39
+11.4%
Jul-2014
59
+22.9%
70
+7.7%
Aug-2014
54
-20.6%
85
+34.9%
Sep-2014
51
0.0%
70
+6.1%
Oct-2014
49
+32.4%
52
+15.6%
Nov-2014
35
-2.8%
36
+24.1%
Dec-2014
23
+4.5%
51
+70.0%
12-Month 12 Month Avg
43
-2.3% 2.3%
54
+18.9%
Pending Sales
649 51
593
587 529
546
517
36 30
29 22
2012
2013
+ 16.0% 16 0% - 24 24.1% 1%
23
2014
2012
2013
2014
2012
2013
2014
2012
2013
2014
4.5% +4 5%
+ 28.6% 28 6%
16.7% - 16 7%
+ 70.0% 70 0%
42 2% + 42.2%
- 10 10.8% 8%
-2 2.3% 3%
22 3% + 22.3%
-7 7.0% 0%
18.9% + 18 9%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Townhouse-Condo
Historical Pending Sales by Month
Single Family/Duplex
100
Townhouse-Condo
80
60
40
20
0 1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 5
Closed Sales A count of the actual sales that closed in a given month.
Year to Date
December 55
55 49
626 587
582
49
544
44
547
516
39
2012
2013
+ 89.7% 89 7% - 20 20.0% 0%
2014
2012
2013
2014
2012
2013
2014
2012
2013
2014
11.4% + 11 4%
+ 4.3% 4 3%
20.4% - 20 4%
+ 41.0% 41 0%
43 0% + 43.0%
-6 6.5% 5%
-5 5.1% 1%
+ 21 5% 21.5%
-6 6.8% 8%
14.4% + 14 4%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Closed Sales
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Jan-2014 Feb-2014
25
+8.7%
29
-6.5%
30
-16.7%
31
-3.1%
Mar-2014
28
-20.0%
51
+45.7%
Apr-2014
47
-7.8%
50
+22.0%
May-2014
45
-21.1%
57
+11.8%
Jun-2014
46
+12.2%
43
+10.3%
Jul-2014
44
-6.4%
49
+19.5%
Aug-2014
51
-13.6%
60
-7.7%
Sep-2014
54
0.0%
78
+30.0%
Oct-2014
55
-3.5%
78
+9.9%
Nov-2014
42
+5.0%
45
+7.1%
Dec-2014
49
+11.4%
55
+41.0%
12-Month 12 Month Avg
43
-5.1% 5.1%
52
+14.4%
Townhouse-Condo
Historical Closed Sales by Month
Single Family/Duplex
Townhouse-Condo
80
60
40
20
0 1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 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
December
$600,000
$775,000 $545,000 $640,000
$488,500
$635,000
$607,500
$420,000 $455,000
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Jan-2014
$545,000
Feb-2014
$873,750
+75.8%
$830,000
+110.1%
+18.6%
$1,060,000
+176.0%
Mar-2014
$761,000
+5.0%
$585,000
+14.3%
Apr-2014
$744,000
+31.7%
$757,500
+14.8%
May-2014
$585,000
+3.7%
$500,000
+51.5%
Jun-2014
$535,500
+19.5%
$362,500
+17.9%
Jul-2014
$557,500
+4.2%
$427,000
+1.1%
Aug-2014
$455,000
0.0%
$447,000
-0.7%
Sep-2014
$772,000
-1.0%
$375,000
-9.3%
Oct-2014
$713,890
+0.5%
$452,500
+0.6%
Nov-2014
$722,500
-4.4%
$415,000
-4.6%
Dec-2014
$775,000
+27.6%
$635,000
+49.3%
12-Month 12 Month Avg* Avg
$665,000
+10.8%
$488,500
+16.3%
$367,000 $425,300
2012
2013
2014
2012
2013
2014
2012
- 15.2% 15 2%
- 5.1% 5 1%
+ 27.6% 27 6%
+ 7.3% 7 3%
- 6.5% 6 5%
+ 49.3% 49 3%
0 9% - 0.9%
Single Family/Duplex
Single Family/Duplex
Median Sales Price
$665,000
Townhouse-Condo
2013
2014
10 8% + 10.1% 10 1% + 10.8%
Single Family/Duplex
2013
2012
13 4% - 13.4%
2014
+ 14.4% 14 4% + 16.3% 16 3%
Townhouse-Condo
Historical Median Sales Price by Month
* Median Sales Price for all properties from January 2014 through December 2014. This is not the average of the individual figures above.
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 1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 7
Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month.
Year to Date
December
$1,326,709
$1,147,638
$2,071,922
$1,072,509 $955,576
$785,091
$799,673
$1,273,268 $1,104,269
$1,087,566 $977,653 $878,973
2012
2013
15.3% 3% - 29.0% 29 0% + 15
2014
2012
2013
2014
2012
2013
2014
2012
2013
2014
62.7% + 62 7%
25 6% + 25.6%
10.1% - 10 1%
+ 23.7% 23 7%
+ 1.2% 1 2%
-6 6.5% 5%
23.7% + 23 7%
12 4% - 12.4%
1.9% +1 9%
19.5% + 19 5%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Townhouse-Condo
Historical Average Sales Price by Month
Avg. Sales Price
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Jan-2014
$1,205,468
Feb-2014
$1,098,540
+85.0%
$1,410,755
+116.3%
-27.4%
$1,246,674
+33.3%
Mar-2014
$1,482,573
+70.7%
$849,114
-8.4%
Apr-2014
$2,160,310
+151.9%
$1,516,715
+58.5%
May-2014
$1,239,178
+8.4%
$1,115,528
+78.2%
Jun-2014
$1,048,943
+32.0%
$727,651
+38.9%
Jul-2014
$848,849
-2.5%
$906,673
+56.1%
Aug-2014
$745,265
+26.8%
$540,089
-40.7%
Sep-2014
$1,640,748
+17.5%
$755,788
-12.8%
Oct-2014
$1,173,243
-12.8%
$944,467
+30.8%
Nov-2014
$1,057,551
-27.5%
$785,523
-22.8%
Dec-2014
$2,071,922
+62.7%
$1,087,566
+23.7%
12-Month 12 Month Avg* Avg $1,326,709
+23.7%
$955,576
+19.5%
* Avg. Sales Price for all properties from January 2014 through December 2014. This is not the average of the individual figures above.
Single Family/Duplex
Townhouse-Condo
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000 1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 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
December 93.2% 94.9% 94.5%
96.1% 95.9% 95.1%
Pct. of List Price Received
93.6% 95.6% 95.4%
94.0% 94.8% 95.3%
2012
2013
2014
2012
2013
2014
2012
2013
2014
2012
2013
2014
+ 2.6% 2 6%
+ 1.8% 1 8%
- 0.4% 0 4%
6.1% +6 1%
- 0.2% 0 2%
- 0.8% 0 8%
1 2% + 1.2%
+ 2.1% 2 1%
- 0.2% 0 2%
+1 6% 1.6%
+ 0.9% 0 9%
+ 0.5% 0 5%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Jan-2014
95.9%
-0.6%
94.2%
-1.5%
Feb-2014
94.2%
+0.7%
93.9%
-1.6%
Mar-2014
96.2%
-0.3%
94.9%
-0.1%
Apr-2014
95.0%
+0.8%
93.4%
-1.0%
May-2014
96.4%
-0.6%
95.5%
+0.2%
Jun-2014
95.9%
+0.3%
95.8%
+0.6%
Jul-2014
95.4%
+0.3%
96.3%
+1.6%
Aug-2014
96.2%
-0.8%
96.4%
+2.6%
Sep-2014
94.0%
-1.2%
96.2%
+2.0%
Oct-2014
95.7%
+0.2%
95.6%
+1.6%
Nov-2014
95.7%
+0.2%
94.9%
-0.4%
Dec-2014
94.5%
-0.4%
95.1%
-0.8%
12-Month 12 Month Avg* Avg
95.4%
-0.2% 0.2%
95.3%
+0.6%
* Pct. of List Price Received for all properties from January 2014 through December 2014. 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% 1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORSÂŽ MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 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
December
Days on Market
277
214
233 203
207
198
212 188
179 161
163
137
2012
2013
2014
2012
2013
2014
2012
2013
2014
2012
2013
2014
- 8.6% 8 6%
- 32.5% 32 5%
+ 44.5% 44 5%
+0 9% 0.9%
+ 18.9% 18 9%
- 25.3% 25 3%
2% - 22 22.2%
10.1% - 10 1%
1.2% +1 2%
6% -6 6.6%
-0 0.9% 9%
- 11 11.3% 3%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Jan-2014
152
-18.7%
203
+32.7%
Feb-2014
239
+22.6%
192
+23.1%
Mar-2014
180
+119.5%
341
+11.8%
Apr-2014
206
-7.2%
248
+6.0%
May-2014
200
+20.5%
162
-4.7%
Jun-2014
116
+9.4%
173
-16.8%
Jul-2014
110
-19.1%
141
-32.5%
Aug-2014
110
-2.7%
129
-45.1%
Sep-2014
190
-26.1%
174
-5.9%
Oct-2014
152
+8.6%
163
-19.7%
Nov-2014
125
-30.9%
156
-26.8%
Dec-2014
198
+44.5%
207
-25.3%
12-Month 12 Month Avg* Avg
161
+1.2%
212
-11.3% 11.3%
* Days on Market for all properties from January 2014 through December 2014. 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 1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 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.
December
Year to Date
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Jan-2014
61
-48.3%
40
-57.0%
Feb-2014
38
-22.4%
32
-65.6%
Mar-2014
44
-10.2%
57
-18.6%
Apr-2014
45
-29.7%
44
-20.0%
May-2014
59
-4.8%
69
-34.9%
Jun-2014
64
-13.5%
95
-12.0%
Jul-2014
61
-1.6%
80
+1.3%
Aug-2014
75
+4.2%
77
+5.5%
Sep-2014
44
+2.3%
91
+12.3%
Oct-2014
48
+2.1%
76
+2.7%
Nov-2014
48
+2.1%
84
+3.7%
Dec-2014
45
-19.6%
55
-30.4%
12-Month 12 Month Avg* Avg
53
-27.3% 27.3%
62
-33.4% 33.4%
Affordability Index
82
58
79
101 80
56
55 45
56
2012
2013
2014
2012
2013
2014
2012
+ 28.9% 28 9%
-3 3.4% 4%
6% - 19 19.6%
+ 1.2% 1 2%
- 3.7% 3 7%
- 30.4% 30 4%
+9 7% 9.7%
Single Family/Duplex
72
68
Townhouse-Condo
2013
6% - 17 17.6%
53
2014
4% -5 5.4%
Single Family/Duplex
2012
+ 24 7% 24.7%
2013
- 20 8% 20.8%
2014
- 10.0% 10 0%
Townhouse-Condo
* Affordability Index for all properties from January 2014 through December 2014. 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 1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 11
Inventory of Active Listings The number of properties available for sale in active status at the end of a given month.
December
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Jan-2014
460
-3.8%
486
-15.8%
Feb-2014
442
-9.1%
481
-16.9%
Mar-2014
447
-3.0%
492
-14.6%
Apr-2014
451
-0.7%
458
-13.9%
May-2014
493
+4.7%
483
-8.7%
Jun-2014
555
+1.8%
529
-9.6%
Jul-2014
567
-5.3%
533
-11.2%
Aug-2014
573
-0.3%
474
-19.7%
Sep-2014
518
-3.9%
417
-22.8%
Oct-2014
478
-10.0%
400
-20.6%
Nov-2014
451
-10.2%
395
-20.5%
Dec-2014
410
-12.2%
415
-15.7%
12-Month 12 Month Avg
487
-4.3% 4.3%
464
-15.7% 15.7%
Active Listings
601 502
492
467
415
410
2012 1% - 21 21.1%
2013 -7 7.0% 0%
2014 - 12 12.2% 2%
2012 6% - 21 21.6%
Single Family/Duplex
2013 - 18 18.1% 1%
2014 - 15 15.7% 7%
Townhouse-Condo
Historical Inventory of Active Listings by Month
Single Family/Duplex
Townhouse-Condo
1,200
1,000
800
600
400
200 1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 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.
December
Single Family/Duplex
Year-Over-Year Change
Jan-2014
10.1
+2.0%
10.7
-9.3%
Feb-2014
9.8
-2.0%
10.6
-10.9%
Mar-2014
10.1
+7.4%
10.5
-13.2%
Apr-2014
10.2
+13.3%
9.7
-14.9%
May-2014
11.4
+20.0%
10.1
-8.2%
Jun-2014
12.8
+16.4%
11.0
-10.6%
Jul-2014
13.1
+10.1%
10.9
-13.5%
Aug-2014
13.5
+18.4%
9.8
-21.0%
Sep-2014
12.2
+9.9%
8.3
-27.8%
Oct-2014
11.3
+1.8%
7.9
-26.9%
Nov-2014
10.6
-2.8%
7.8
-27.1%
Months Supply
12.3 10.4
10.3
10.8 9.5 8.0
Dec-2014 2012 7% - 44 44.7%
2013 -1 1.0% 0%
2014 -7 7.8% 8%
2012 6% - 35 35.6%
Single Family/Duplex
2013 - 12 12.2% 2%
2014 - 25 25.9% 9%
Townhouse-Condo
12-Month 12 Month Avg
TownhouseCondo
Year-Over-Year Change
9.5
-7.8%
8.0
-25.9%
11.2
+7.2%
9.6
-17.4% 17.4%
* Months Supply for all properties from January 2014 through December 2014. This is not the average of the individual figures above.
Historical Months Supply of Inventory by Month
Single Family/Duplex
Townhouse-Condo
50.0
40.0
30.0
20.0
10.0
0.0 1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 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 12-2011
12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
12-2012 12 2012
12-2013 12 2013
98
143
+ 45.9%
1,648
1,713
+ 3.9%
52
74
+ 42.3%
1,076
1,166
+ 8.4%
83
104
+ 25.3%
1,092
1,142
+ 4.6%
$550,000
$690,250
+ 25.5%
$525,000
$560,000
+ 6.7%
+ 42.6%
$ $934,924 $ $1,123,268
$ $1,087,997 $ $1,551,350 12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
12-2012
12-2013
95.2%
95.4%
+ 0.2%
202
203
+ 0.5%
186
177
- 4.8%
61
51
- 17.4%
64
62
- 2.9%
960
826
- 14.0%
--
--
--
10.5
8.7
- 17.1%
--
--
--
12-2014
Months Supply 12-2011
- 0.5%
12-2014
Active Listings 12-2011
94.9%
12-2014
Affordability Index 12-2011
95.4% 12-2014
Days on Market 12-2011
+ 20.1%
12-2014
Pct. of List Price Received 12-2011
Percent Change
12-2014 12 2014
A Avg. S Sales l P Price i 12-2011
YTD 2013 YTD 2014
12-2014
Median Sales Price 12-2011 12 2011
Percent Change
12-2014
Closed Sales 12-2011
12-2014
12-2014
Pending Sales 12-2011
12-2013
12-2014
Current as of January 6, 2015. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 14
Closed Sales Actual sales that have closed in a given quarter.
By Price Range – All Properties – Rolling 12 Months 263
349
12-2013
By Property Type
12-2014
12-2013
12-2014
395 211
209
1,092
211 98
108
64
59
28
40
52
86
25
28
544
6
2
547
516
1,142
626
- 20.5%
+ 13.2%
0.0%
+ 10.2%
- 7.8%
+ 42.9%
+ 65.4%
+ 12.0%
+ 200.0%
- 5.1%
+ 14.4%
+ 4.6%
< $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
12-2013 107 163 116 56 37 18 31 14 2 544
12-2014 67 171 115 49 30 18 45 15 6 516
Change 12-2013 - 37.4% 155 + 4.9% 186 - 0.9% 95 - 12.5% 42 - 18.9% 27 0.0% 10 + 45.2% 21 + 7.1% 11 + 200.0% 0 - 5.1% 547
12-2014 142 224 96 59 29 22 41 13 0 626
Compared to Prior Month Single Family Condo Change - 8.4% + 20.4% + 1.1% + 40.5% + 7.4% + 120.0% + 95.2% + 18.2% -+ 14.4%
11-2014 3 13 15 1 3 3 4 0 0 42
12-2014 0 17 11 6 2 2 6 3 2 49
Change 11-2014 - 100.0% 10 + 30.8% 19 - 26.7% 6 + 500.0% 5 - 33.3% 0 - 33.3% 1 + 50.0% 4 -0 -0 + 16.7% 45
12-2014 11 15 10 7 2 5 4 1 0 55
Year to Date Single Family Change + 10.0% - 21.1% + 66.7% + 40.0% -+ 400.0% 0.0% --+ 22.2%
Condo
YTD 2013 YTD 2014 Change YTD 2013 YTD 2014 Change 107 67 - 37.4% 155 142 - 8.4% 163 171 + 4.9% 186 224 + 20.4% 116 115 - 0.9% 95 96 + 1.1% 56 49 - 12.5% 42 59 + 40.5% 37 30 - 18.9% 27 29 + 7.4% 18 18 0.0% 10 22 + 120.0% 31 45 + 45.2% 21 41 + 95.2% 14 15 + 7.1% 11 13 + 18.2% 2 6 + 200.0% 0 0 -544 516 - 5.1% 547 626 + 14.4%
Inventory of Active Listings A measure of the number of homes available for sale at a given time.
By Price Range – All Properties 150 58
183 122
12-2013
By Property Type
12-2014
175
149
120
105
88
98
32
57
12-2013
12-2014
144 96
52
91
960 33
467
33
492
410
415
826
- 44.8%
- 18.7%
- 18.6%
- 12.5%
+ 11.4%
- 8.8%
- 17.7%
- 5.2%
0.0%
- 12.2%
- 15.7%
- 14.0%
< $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
12-2013 21 52 85 55 49 32 92 56 25 467
12-2014 19 45 56 44 53 27 92 49 25 410
Change - 9.5% - 13.5% - 34.1% - 20.0% + 8.2% - 15.6% 0.0% - 12.5% 0.0% - 12.2%
Compared to Prior Month Single Family Condo
Condo 12-2013 37 97 98 65 39 25 83 40 8 492
12-2014 12 77 93 61 45 25 52 42 8 415
Change - 67.6% - 20.6% - 5.1% - 6.2% + 15.4% 0.0% - 37.3% + 5.0% 0.0% - 15.7%
11-2014 23 53 74 44 53 31 97 52 24 451
12-2014 19 45 56 44 53 27 92 49 25 410
Change - 17.4% - 15.1% - 24.3% 0.0% 0.0% - 12.9% - 5.2% - 5.8% + 4.2% - 9.1%
11-2014 12 85 80 53 42 28 50 37 8 395
12-2014 12 77 93 61 45 25 52 42 8 415
Year to Date Single Family Change 0.0% - 9.4% + 16.3% + 15.1% + 7.1% - 10.7% + 4.0% + 13.5% 0.0% + 5.1%
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 January 6, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 15
Glossary of Terms A research tool provided by the Colorado Association of REALTORSÂŽ
New Listings
A measure of how much new supply is coming onto the market from sellers (e.g., Q3 New Listings are those listings with a system list date from July 1 through September 30).
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 regionâ&#x20AC;&#x2122;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 January 6, 2015. All data from the Vail Board of REALTORSÂŽ MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 16
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Arrowhead Quarter 4
Single Family
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
6
4
- 33.3%
41
39
- 4.9%
Sold Listings
9
3
- 66.7%
29
21
- 27.6%
Median Sales Price*
$1,792,464
$3,000,000
+ 67.4%
$1,780,000
$2,458,333
+ 38.1%
Average Sales Price*
$2,096,357
$3,205,000
+ 52.9%
$1,957,335
$2,582,378
+ 31.9%
92.8%
90.5%
- 2.5%
91.7%
91.4%
- 0.3%
Days on Market Until Sale
148
206
+ 39.2%
254
348
+ 37.0%
Inventory of Homes for Sale
27
28
+ 3.7%
--
--
--
Months Supply of Inventory
11.2
13.3
+ 18.8%
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
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.
Quarter 4
Townhouse-Condo Key Metrics
2013
New Listings
6
6
Sold Listings
4
12
Median Sales Price*
$731,250
$963,750
Average Sales Price*
$856,875
$976,042
95.9%
92.1%
Days on Market Until Sale
227
Inventory of Homes for Sale
27
Months Supply of Inventory
15.6
Percent of List Price Received*
Year to Date Percent Change from Previous Year
2014
Percent Change from Previous Year
Thru Q4-2013
Thru Q4-2014
0.0%
38
36
- 5.3%
+ 200.0%
19
36
+ 89.5%
+ 31.8%
$600,000
$710,000
+ 18.3%
+ 13.9%
$932,279
$836,264
- 10.3%
- 4.0%
91.8%
93.6%
+ 2.0%
194
- 14.5%
256
192
- 25.0%
14
- 48.1%
--
--
--
4.7
- 69.9%
--
--
--
* 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 — Arrowhead —
$5,000,000
Entire MLS — Arrowhead — $1,400,000
$1,200,000
$4,000,000
$1,000,000 $3,000,000 $800,000 $2,000,000 $600,000 $1,000,000
$0 Q1-2009
$400,000
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$200,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Beaver Creek/Bachelor Gulch Quarter 4
Single Family
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
Thru Q4-2013
Thru Q4-2014
Percent Change from Previous Year
New Listings
6
14
Sold Listings
8
4
+ 133.3%
32
42
+ 31.3%
- 50.0%
23
18
- 21.7%
Median Sales Price*
$5,675,000
Average Sales Price*
$5,448,750
$4,550,000
- 19.8%
$4,600,000
$4,825,000
+ 4.9%
$4,537,500
- 16.7%
$4,913,261
$5,008,722
+ 1.9%
91.7%
95.0%
+ 3.6%
92.6%
94.3%
+ 1.8%
Days on Market Until Sale
261
161
- 38.3%
399
333
- 16.5%
Inventory of Homes for Sale
41
50
+ 22.0%
--
--
--
Months Supply of Inventory
16.0
22.2
+ 38.8%
--
--
--
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.
Quarter 4
Townhouse-Condo
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
44
75
+ 70.5%
126
174
+ 38.1%
Sold Listings
20
24
+ 20.0%
76
98
+ 28.9%
Median Sales Price*
$1,002,500
$1,373,750
+ 37.0%
$1,212,500
$1,288,750
+ 6.3%
Average Sales Price*
$1,194,715
$1,519,271
+ 27.2%
$1,372,307
$1,584,832
+ 15.5%
93.1%
94.1%
+ 1.1%
93.3%
94.1%
+ 0.9%
Days on Market Until Sale
393
315
- 19.8%
337
325
- 3.6%
Inventory of Homes for Sale
121
140
+ 15.7%
--
--
--
Months Supply of Inventory
19.1
17.1
- 10.5%
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
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 — Beaver Creek/Bachelor Gulch — $8,000,000
Entire MLS — Beaver Creek/Bachelor Gulch — $2,500,000
$2,000,000 $6,000,000 $1,500,000 $4,000,000 $1,000,000 $2,000,000 $500,000
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Cordillera Includes the MLS areas of Cordillera Valley Club, Red Canyon, Cordillera, Colorow and Squaw Creek Quarter 4
Single Family
Year to Date
2013
2014
Percent Change from Previous Year
New Listings
7
2
- 71.4%
82
40
- 51.2%
Sold Listings
13
9
- 30.8%
45
35
- 22.2%
Median Sales Price*
$2,000,000
$1,866,650
- 6.7%
$1,310,000
$1,650,000
+ 26.0%
Average Sales Price*
$1,954,308
$2,031,850
+ 4.0%
$1,551,200
$1,771,490
+ 14.2%
92.5%
90.5%
- 2.2%
92.3%
91.4%
- 1.0%
Days on Market Until Sale
222
207
- 6.8%
282
268
- 5.0%
Inventory of Homes for Sale
50
22
- 56.0%
--
--
--
Months Supply of Inventory
13.3
6.9
- 48.1%
--
--
--
Key Metrics
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
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.
Quarter 4
Townhouse-Condo
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
0
0
--
1
1
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 Q4-2013
Thru Q4-2014
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 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Dotsero/Sweetwater Quarter 4
Single Family
Year to Date Percent Change from Previous Year
Thru Q4-2013
Thru Q4-2014
Percent Change from Previous Year
Key Metrics
2013
2014
New Listings
5
4
- 20.0%
24
20
- 16.7%
Sold Listings
1
2
+ 100.0%
15
10
- 33.3%
Median Sales Price*
$157,900
$397,500
+ 151.7%
$157,000
$193,950
+ 23.5%
Average Sales Price*
$157,900
$397,500
+ 151.7%
$173,400
$222,890
+ 28.5%
100.0%
95.8%
- 4.2%
98.2%
99.3%
+ 1.1%
Percent of List Price Received* Days on Market Until Sale
22
3
- 86.4%
194
21
- 89.2%
Inventory of Homes for Sale
13
11
- 15.4%
--
--
--
Months Supply of Inventory
7.8
7.7
- 1.3%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Quarter 4
Townhouse-Condo
Year to Date
Key Metrics
2013
2014
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 Q4-2013
Thru Q4-2014
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 —
$1,000,000
Entire MLS — Dotsero/Sweetwater — $600,000
$500,000
$800,000
$400,000 $600,000 $300,000 $400,000 $200,000 $200,000
$0 Q1-2009
$100,000
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Eagle Includes the MLS areas of Eagle and Brush Creek Quarter 4
Single Family
Year to Date Percent Change from Previous Year
Thru Q4-2013
Thru Q4-2014
Percent Change from Previous Year
Key Metrics
2013
2014
New Listings
12
10
- 16.7%
70
67
- 4.3%
Sold Listings
10
12
+ 20.0%
54
45
- 16.7%
Median Sales Price*
$426,750
$410,000
- 3.9%
$353,625
$400,000
+ 13.1%
Average Sales Price*
$452,075
$400,000
- 11.5%
$415,819
$449,377
+ 8.1%
97.7%
97.2%
- 0.5%
97.1%
97.1%
0.0%
Percent of List Price Received* Days on Market Until Sale
102
98
- 3.9%
69
73
+ 5.8%
Inventory of Homes for Sale
23
20
- 13.0%
--
--
--
Months Supply of Inventory
5.1
5.3
+ 3.9%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Quarter 4
Townhouse-Condo
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
2
6
+ 200.0%
26
32
+ 23.1%
Sold Listings
2
5
+ 150.0%
18
29
+ 61.1%
Median Sales Price*
$252,500
$335,000
+ 32.7%
$227,500
$300,000
+ 31.9%
Average Sales Price*
$252,500
$328,800
+ 30.2%
$237,329
$294,361
+ 24.0%
100.0%
98.9%
- 1.1%
97.9%
98.1%
+ 0.2%
Days on Market Until Sale
55
216
+ 292.7%
71
115
+ 62.0%
Inventory of Homes for Sale
10
6
- 40.0%
--
--
--
Months Supply of Inventory
5.0
2.3
- 54.0%
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
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 —
$1,000,000
Entire MLS — Eagle — $600,000
$500,000 $800,000 $400,000 $600,000 $300,000 $400,000 $200,000
$200,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$100,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Eagle Ranch Quarter 4
Single Family
Year to Date Percent Change from Previous Year
Percent Change from Previous Year
Key Metrics
2013
2014
New Listings
15
14
- 6.7%
71
72
+ 1.4%
Sold Listings
17
12
- 29.4%
53
41
- 22.6%
Median Sales Price*
$583,000
$650,000
+ 11.5%
$565,000
$579,000
+ 2.5%
Average Sales Price*
$597,353
$718,042
+ 20.2%
$609,955
$618,610
+ 1.4%
96.4%
96.0%
- 0.4%
96.3%
97.1%
+ 0.8%
Days on Market Until Sale
124
105
- 15.3%
127
118
- 7.1%
Inventory of Homes for Sale
29
24
- 17.2%
--
--
--
Months Supply of Inventory
6.6
5.9
- 10.6%
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Quarter 4
Townhouse-Condo
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
5
1
- 80.0%
18
18
0.0%
Sold Listings
2
1
- 50.0%
13
23
+ 76.9%
Median Sales Price*
$240,750
$189,900
- 21.1%
$235,000
$235,000
0.0%
Average Sales Price*
$240,750
$189,900
- 21.1%
$224,862
$264,398
+ 17.6%
94.8%
100.0%
+ 5.5%
95.3%
97.8%
+ 2.6%
Days on Market Until Sale
28
128
+ 357.1%
54
78
+ 44.4%
Inventory of Homes for Sale
7
2
- 71.4%
--
--
--
Months Supply of Inventory
4.3
0.9
- 79.1%
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
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 —
$1,000,000
Entire MLS — Eagle Ranch — $600,000
$900,000
$500,000
$800,000 $400,000 $700,000 $300,000 $600,000 $200,000
$500,000
$400,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$100,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Eagle-Vail & Avon Quarter 4
Single Family
Thru Q4-2013
Thru Q4-2014
Percent Change from Previous Year
Key Metrics
2013
New Listings
3
3
0.0%
45
45
0.0%
Sold Listings
9
12
+ 33.3%
30
29
- 3.3%
Median Sales Price*
$560,000
$589,000
+ 5.2%
$560,000
$600,000
+ 7.1%
Average Sales Price*
$570,722
$611,142
+ 7.1%
$571,133
$662,059
+ 15.9%
96.3%
97.7%
+ 1.5%
96.8%
97.3%
+ 0.5%
Percent of List Price Received*
2014
Year to Date Percent Change from Previous Year
Days on Market Until Sale
107
78
- 27.1%
108
115
+ 6.5%
Inventory of Homes for Sale
13
11
- 15.4%
--
--
--
Months Supply of Inventory
4.3
4.2
- 2.3%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Quarter 4
Townhouse-Condo
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
32
41
+ 28.1%
172
207
+ 20.3%
Sold Listings
31
38
+ 22.6%
127
141
+ 11.0%
Median Sales Price*
$319,000
$330,825
+ 3.7%
$292,250
$327,500
+ 12.1%
Average Sales Price*
$343,665
$422,096
+ 22.8%
$359,014
$411,297
+ 14.6%
96.6%
96.0%
- 0.6%
95.6%
95.2%
- 0.4%
Days on Market Until Sale
156
112
- 28.2%
185
114
- 38.4%
Inventory of Homes for Sale
79
62
- 21.5%
--
--
--
Months Supply of Inventory
7.5
5.3
- 29.3%
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
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-Vail & Avon —
$1,000,000
Entire MLS — Eagle-Vail & Avon — $600,000
$900,000 $500,000 $800,000
$700,000
$400,000
$600,000 $300,000 $500,000
$400,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$200,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 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 Quarter 4
Single Family Key Metrics
2013
2014
New Listings
8
6
Sold Listings
8
9
Median Sales Price*
$1,918,250
$2,130,000
Average Sales Price*
$1,744,563
$2,366,667
93.2%
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 Q4-2013
Thru Q4-2014
- 25.0%
45
38
- 15.6%
+ 12.5%
19
27
+ 42.1%
+ 11.0%
$1,700,000
$1,350,000
- 20.6%
+ 35.7%
$1,633,079
$1,941,992
+ 18.9%
95.3%
+ 2.3%
93.9%
94.7%
+ 0.9%
115
385
+ 234.8%
129
291
+ 125.6%
40
22
- 45.0%
--
--
--
18.9
8.1
- 57.1%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Quarter 4
Townhouse-Condo
Year to Date Percent Change from Previous Year
Thru Q4-2013
Thru Q4-2014
Percent Change from Previous Year
Key Metrics
2013
2014
New Listings
13
13
0.0%
87
74
- 14.9%
Sold Listings
22
20
- 9.1%
69
60
- 13.0%
Median Sales Price*
$384,000
$333,500
- 13.2%
$410,000
$458,500
+ 11.8%
Average Sales Price*
$456,686
$395,925
- 13.3%
$509,373
$544,941
+ 7.0%
95.7%
95.9%
+ 0.2%
95.3%
95.6%
+ 0.3%
Days on Market Until Sale
90
100
+ 11.1%
124
136
+ 9.7%
Inventory of Homes for Sale
25
17
- 32.0%
--
--
--
Months Supply of Inventory
4.3
3.4
- 20.9%
--
--
--
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 — East Vail —
Entire MLS — East Vail —
$3,000,000
$600,000
$2,500,000
$550,000
$2,000,000
$500,000
$1,500,000
$450,000
$1,000,000
$400,000
$500,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$350,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Gypsum Includes the MLS areas of Gypsum, Cotton Ranch, Gypsum Valley and Brightwater Club Quarter 4
Single Family
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
24
20
- 16.7%
130
121
- 6.9%
Sold Listings
24
19
- 20.8%
109
94
- 13.8%
Median Sales Price*
$307,973
$349,500
+ 13.5%
$275,000
$328,750
+ 19.5%
Average Sales Price*
$333,943
$366,763
+ 9.8%
$301,933
$337,690
+ 11.8%
99.2%
98.2%
- 1.0%
99.8%
98.7%
- 1.1%
Days on Market Until Sale
50
63
+ 26.0%
48
55
+ 14.6%
Inventory of Homes for Sale
34
31
- 8.8%
--
--
--
Months Supply of Inventory
3.7
4.0
+ 8.1%
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
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.
Quarter 4
Townhouse-Condo
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
1
2
Sold Listings
3
5
Median Sales Price*
$105,000
$244,000
+ 132.4%
$115,100
$173,500
+ 50.7%
Average Sales Price*
$121,160
$225,300
+ 86.0%
$123,781
$350,542
+ 183.2%
95.9%
100.7%
+ 5.0%
100.2%
101.1%
+ 0.9%
Days on Market Until Sale
33
37
+ 12.1%
23
48
+ 108.7%
Inventory of Homes for Sale
1
1
0.0%
--
--
--
Months Supply of Inventory
0.7
0.6
- 14.3%
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
Percent Change from Previous Year
+ 100.0%
9
13
+ 44.4%
+ 66.7%
11
12
+ 9.1%
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Gypsum —
$1,000,000
Entire MLS — Gypsum — $600,000
$500,000 $800,000 $400,000
$600,000
$300,000
$200,000 $400,000 $100,000
$200,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Minturn and Red Cliff Quarter 4
Single Family
Thru Q4-2013
Thru Q4-2014
Percent Change from Previous Year
- 50.0%
25
21
- 16.0%
+ 33.3%
16
13
- 18.8%
+ 87.0%
$310,000
$420,000
+ 35.5%
+ 13.6%
$432,844
$471,385
+ 8.9%
95.2%
+ 1.6%
95.0%
95.5%
+ 0.5%
323
192
- 40.6%
142
318
+ 123.9%
18
9
- 50.0%
--
--
--
10.1
5.5
- 45.5%
--
--
--
Key Metrics
2013
2014
New Listings
4
2
Sold Listings
3
4
Median Sales Price*
$250,000
$467,500
Average Sales Price*
$528,333
$600,000
93.7%
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
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Quarter 4
Townhouse-Condo
Thru Q4-2013
Thru Q4-2014
Percent Change from Previous Year
--
4
5
+ 25.0%
- 50.0%
3
3
0.0%
- 45.1%
$425,300
$462,000
+ 8.6%
- 45.1%
$438,433
$392,333
- 10.5%
84.7%
- 10.9%
95.1%
92.4%
- 2.8%
Key Metrics
2013
2014
New Listings
0
1
Sold Listings
2
1
Median Sales Price*
$455,150
$250,000
Average Sales Price*
$455,150
$250,000
95.1%
Percent of List Price Received* Days on Market Until Sale
Year to Date Percent Change from Previous Year
106
39
- 63.2%
75
60
- 20.0%
Inventory of Homes for Sale
0
1
--
--
--
--
Months Supply of Inventory
0.0
1.0
--
--
--
--
* 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 — Minturn and Red Cliff —
$1,000,000
Entire MLS — Minturn and Red Cliff — $700,000 $600,000
$800,000
$500,000 $400,000
$600,000 $300,000 $200,000
$400,000
$100,000 $200,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Mountain Star Quarter 4
Single Family
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
1
1
0.0%
4
3
- 25.0%
Sold Listings
0
0
--
0
3
--
Median Sales Price*
$0
$0
--
$0
$2,500,000
--
Average Sales Price*
$0
$0
--
$0
$2,900,000
--
0.0%
0.0%
--
0.0%
88.4%
--
Days on Market Until Sale
0
0
--
0
521
--
Inventory of Homes for Sale
6
4
- 33.3%
--
--
--
Months Supply of Inventory
0.0
4.0
--
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
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.
Quarter 4
Townhouse-Condo
Year to Date
Key Metrics
2013
2014
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 Q4-2013
Thru Q4-2014
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 —
$10,000,000
Entire MLS — Mountain Star — $600,000
$500,000
$8,000,000
$400,000 $6,000,000 $300,000 $4,000,000 $200,000 $2,000,000
$0 Q1-2009
$100,000
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
NW Eagle County Quarter 4
Single Family
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
0
1
--
2
2
0.0%
Sold Listings
0
0
--
3
2
- 33.3%
Median Sales Price*
$0
$0
--
$310,000
$1,355,000
+ 337.1%
Average Sales Price*
$0
$0
--
$486,667
$1,355,000
+ 178.4%
0.0%
0.0%
--
78.1%
96.7%
+ 23.8%
Days on Market Until Sale
0
0
--
170
866
+ 409.4%
Inventory of Homes for Sale
3
2
- 33.3%
--
--
--
Months Supply of Inventory
2.0
2.0
0.0%
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
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.
Quarter 4
Townhouse-Condo
Year to Date
Key Metrics
2013
2014
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 Q4-2013
Thru Q4-2014
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 —
$1,750,000
Entire MLS — NW Eagle County — $600,000
$1,500,000
$500,000
$1,250,000 $400,000 $1,000,000 $300,000 $750,000 $200,000 $500,000 $100,000
$250,000 $0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Sandstone Includes the MLS areas of Spraddle Creek, Potato Patch and Sandstone/Lionsridge Quarter 4
Single Family
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
0
0
--
4
8
+ 100.0%
Sold Listings
0
0
--
2
4
+ 100.0%
Median Sales Price*
$0
$0
--
$1,200,000
$1,190,000
- 0.8%
Average Sales Price*
$0
$0
--
$1,200,000
$1,210,000
+ 0.8%
0.0%
0.0%
--
89.9%
94.5%
+ 5.1%
Days on Market Until Sale
0
0
--
28
153
+ 446.4%
Inventory of Homes for Sale
3
5
+ 66.7%
--
--
--
Months Supply of Inventory
3.0
5.0
+ 66.7%
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
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.
Quarter 4
Townhouse-Condo
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
4
14
+ 250.0%
42
48
+ 14.3%
Sold Listings
5
11
+ 120.0%
27
32
+ 18.5%
Median Sales Price*
$380,000
$465,000
+ 22.4%
$380,000
$435,000
+ 14.5%
Average Sales Price*
$474,400
$546,545
+ 15.2%
$484,155
$506,594
+ 4.6%
94.0%
95.9%
+ 2.0%
95.6%
95.8%
+ 0.2%
Days on Market Until Sale
41
159
+ 287.8%
93
171
+ 83.9%
Inventory of Homes for Sale
14
18
+ 28.6%
--
--
--
Months Supply of Inventory
5.2
6.8
+ 30.8%
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
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 — Sandstone —
$2,500,000
Entire MLS — Sandstone — $600,000
$550,000 $2,000,000 $500,000 $1,500,000 $450,000 $1,000,000 $400,000
$500,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$350,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Singletree Quarter 4
Single Family Key Metrics
2013
2014
Year to Date Percent Change from Previous Year
Thru Q4-2013
Thru Q4-2014
Percent Change from Previous Year
New Listings
5
4
- 20.0%
72
58
- 19.4%
Sold Listings
11
19
+ 72.7%
45
44
- 2.2%
Median Sales Price*
$799,000
$803,000
+ 0.5%
$785,000
$770,000
- 1.9%
Average Sales Price*
$802,318
$834,494
+ 4.0%
$890,958
$835,429
- 6.2%
94.2%
95.1%
+ 1.0%
94.3%
94.9%
+ 0.6%
Days on Market Until Sale
112
175
+ 56.3%
144
161
+ 11.8%
Inventory of Homes for Sale
28
14
- 50.0%
--
--
--
Months Supply of Inventory
7.5
3.5
- 53.3%
--
--
--
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.
Quarter 4
Townhouse-Condo
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
1
2
Sold Listings
5
0
Median Sales Price*
$550,000
Average Sales Price*
$532,500
Percent of List Price Received* Days on Market Until Sale
Thru Q4-2013
Thru Q4-2014
Percent Change from Previous Year
+ 100.0%
9
6
- 33.3%
- 100.0%
6
3
- 50.0%
$0
- 100.0%
$457,250
$499,000
+ 9.1%
$0
- 100.0%
$497,083
$501,333
+ 0.9%
94.3%
0.0%
- 100.0%
92.4%
97.1%
+ 5.1%
136
0
- 100.0%
136
72
- 47.1%
Inventory of Homes for Sale
3
2
- 33.3%
--
--
--
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 —
$1,000,000
Entire MLS — Singletree — $700,000
$900,000 $600,000 $800,000 $500,000 $700,000 $400,000 $600,000
$500,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$300,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 4-2014 A Research Tool Provided by the Colorado Association of REALTORS®
Town of Vail Quarter 4
Single Family
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
New Listings
23
22
- 4.3%
102
110
+ 7.8%
Sold Listings
20
20
0.0%
51
71
+ 39.2%
Median Sales Price*
$2,105,750
$2,140,000
+ 1.6%
$1,825,000
$1,868,000
+ 2.4%
Average Sales Price*
$2,596,765
$3,969,750
+ 52.9%
$2,487,545
$3,277,814
+ 31.8%
93.3%
94.3%
+ 1.1%
93.1%
93.8%
+ 0.8%
Days on Market Until Sale
196
292
+ 49.0%
234
226
- 3.4%
Inventory of Homes for Sale
86
69
- 19.8%
--
--
--
Months Supply of Inventory
20.2
11.7
- 42.1%
--
--
--
Percent of List Price Received*
Thru Q4-2013
Thru Q4-2014
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.
Quarter 4
Townhouse-Condo
Year to Date
Key Metrics
2013
2014
Percent Change from Previous Year
Thru Q4-2013
Thru Q4-2014
Percent Change from Previous Year
New Listings
53
76
+ 43.4%
283
279
- 1.4%
Sold Listings
61
67
+ 9.8%
206
202
- 1.9%
Median Sales Price*
$550,000
$639,000
+ 16.2%
$600,000
$739,900
+ 23.3%
Average Sales Price*
$1,280,977
$1,386,847
+ 8.3%
$1,124,366
$1,503,746
+ 33.7%
93.8%
94.8%
+ 1.1%
94.1%
94.7%
+ 0.6%
Days on Market Until Sale
216
197
- 8.8%
231
251
+ 8.7%
Inventory of Homes for Sale
211
172
- 18.5%
--
--
--
Months Supply of Inventory
12.3
10.2
- 17.1%
--
--
--
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 —
$2,500,000
Entire MLS — Town of Vail — $2,500,000
$2,000,000 $2,000,000 $1,500,000 $1,500,000 $1,000,000 $1,000,000 $500,000
$500,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Q1-2014
Current as of January 14, 2015. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.