Team Black Bear’s
Real Estate Update Exceeding Your Highest Expectations in Service, Performance & Results! December 2014
Why So Many Sales in Eagle & Gypsum?
Experience Team Black Bear has over 90 years of experience!
Integrity When you treat people right, word gets around!
Service Our unique team system provides support services for every stage of the transac on!
Results 10+ Million in real estate sold annually!
Strength Keller Williams is over 100,000 agents strong globally!
W
hen you look at the cumulative year to date residential sales for all of 2012, 2013 and through August of 2014, Eagle and Gypsum have led all the other towns/ areas in the Valley in number of sales each of the 3 years. According to the Land Title Eagle County Market Analysis, the following number of residential sales were recorded:
Residen al Sales YTD thru 12/31
2012 2013 2014*
Eagle
Gypsum
190 158 96
172 161 79 * YTD thru 8/31/14
The number of sales has decreased slightly in the last 3 years, mainly due to lack of affordable inventory, and has resulted in increased average sales prices each year. The same Market Analysis shows that the average sale prices (total sales prices divided by number of sales) for the same years were:
Average Sales Price YTD thru 12/31
2012 2013 2014*
Eagle Gypsum $364,972 $ 240,184 $446,849 $ 272,726 $440,764 $ 281,320 * YTD thru 8/31/14
The sales price averages are the initial motivation for Eagle County residents to look to the West. The "affordable luxury" the two towns offer, including golf course communities, biking trails, affordable recreation centers, and longer summers, has attracted many families and individuals who originally came to the Valley just to ski. As singles change their life styles, becoming families, they often become more concerned with the size of their home, wanting yards and a garage. Also, as residents mature, they are content to drive to more snow and live in an area where there is less shoveling and longer golf seasons and summer activities. With close to a 2,000’ drop in elevation from Vail, seasons are significantly impacted. Affordability does not always mean lower quality. Several builders who have built lovely homes in Cordillera and Arrowhead have come to Western Eagle County and built the same beautifully finished homes for half or less of the price than their homes in the resort areas. Call for more information about the opportunities available in Western Eagle County. We look forward to hearing from you and having you experience our "luxury service" on every transaction.
COTTON RANCH Impeccable cra smanship in this builder's personal residence. Main floor master. $625,000
DOTSERO 1.8 acres comm. near I‐ 70 truck parking , boat launch across the street. Last stop in/out of Canyon. $1,500,000
MCCOY 80+ Acres, water rights,
GYPSUM 5.15 Acres in gated com‐ munity, adj to BLM. Home + care‐ taker’s unit + shop possible, horses with permit. $250,000
pond, shop + apt & 2nd shop. Set up for hun ng. 2 pastures, barn, BLM on 2 sides $995,000 NE
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SILT Hunter’s paradise, grand corporate getaway or serene retreat on 216 acres. Backs to NF, 5bd lodge home, stunning views. $2,850,000
SILT 850 acres, 2 streams, water/ mineral rights, 500 acres irrigated, 2 homes, many out bldgs. Subdivi‐ sion poten al. $3,500,000
COTTON RANCH New home with main floor mater, contemporary designer finishes throughout. Oversized 3 car garage, a/c, great corner lot. $539,000
VAIL Open floor‐plan duplex on quiet cul‐de‐sac in Lions Ridge . Property is in excellent condi on and is located close to bus stop. $950,000
COTTON RANCH Duplex at the end of quiet cul‐de‐sac! On 16th hole of Gypsum Creek Golf Course. $489,000
YAMPA 310+/‐ Acres less than 1 Hr to skiing. Barn and well. Borders Nat’l Forest on 2 sides, views of the Flat Tops. $1,750,000
CO RIVER RD 2 bed, 2 bath cabin on 6+ acres with views of the Colo‐ rado River. Bunk house, smoke house, barn. $299,000
GLENWOOD CANYON 5+ Acres with 965+ feet of river frontage on Colorado River. Phone, electric & well. $137,000
SILT 2 homes, fenced w/12 pastures. 3 Na onal Forest In‐ Holdings. 1256 acre ranch South of Silt. Water & Mineral rights plus 2 live streams. $5,100,000
COTTON RANCH .88 of an acre, On 11th tee at Gypsum Creek Golf Course. Views Of golf, mountains and Gypsum Valley. $80,000
GLENWOOD CANYON Riverfront acreage + 3 Bdrm home and 18x14 shed on 4+ Acres on the Colorado River! U li es in place. $268,000
GYPSUM compact one level 2 bedroom home on .40 acres in the heart of Gypsum. Newly remod‐ eled. 3 Car garage, large yard. $298,000
GYPSUM 2.27 Acre light Indus‐ trial lot, Fully leased on month to month basis. Storage yard graded, graveled, fenced and 2 entrance gates. $495,000
COTTON RANCH 0.60 an acre Gypsum Creek Golf Course home‐ site, Wonderful views. Walk to clubhouse, pool, golf and tennis courts. $67,500
GYPSUM Lot with views to South‐ west over 2 fairways. The lot is flat, then drops off for walkout basement home. $59,000
COTTON RANCH Custom with 4 car oversized garages. 5,409 sq on golf course. 6 bds, 4.5 bths, media, exercise & family rooms. Main floor master. $749,000
EBY CREEK MESA .24 Acre treed lot with spectacular views of Eagle and Sawatch Mtn. Range. Close to Town but complete mountain feel. $149,000
SKY LEGENDS .36 Acres adj. to Gypsum Creek Golf Course. End of cul‐de‐sac. Sits high above the valley. Adjacent lot also availa‐ ble. $90,000
SKY LEGENDS .31 Acre private home‐site at end of quiet cul‐de‐ sac; overlooks 16th fairway at Gypsum Creek Golf Course. Adja‐ cent lot also available. $95,000
EAGLE RANCH Fabulous con‐ temporary Village Home, 4 beds, 3 baths & lovely features too numerous to men on! $569,000
Featured Listing...
141 Black Bear
4 Bedrooms │ 3 Baths │ 3,276 sf │ $539,000
Imagine walking into this gorgeous new contemporary home that is even more cap va ng inside than out! The dark rich hardwood floors stretch from the entrance throughout the large living room, dining room and stunning kitchen. The gleaming stainless steel appliances and modern mosaic glass les light up the slab granite countertops. The large pantry and separate laundry room are conveniently located near the entrance from an oversized 3 car garage and a guest bath with shower. The main floor master opens to the back pa o and into the oversized master spa‐like bathroom. The 3 bed‐ rooms upstairs include a 20’ x 30’ room that works for a mul tude of most every family's needs and desires. All of this lux‐ ury for the very affordable price of only $539,000!
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Redman Ranch
Eagle County | Vail Valley | Colorado
Joan Harned, Barbara Hogoboom, Laura Sellards, Angela Maxey & Tom Harned www.TeamBlackBear.com info@TeamBlackBear.com P.O. Box 1651 Eagle, CO 81631
(970) 337‐7777
November Market Analysis by Area Area Total* East Vail Vail Village Eagle‐Vail Beaver Creek Bachelor Gulch Arrowhead Singletree Edwards Homestead Lake Creek Valley Cordillera Cordillera Valley Club Bellyache Wolco Eagle Eagle Ranch Gypsum Co on Ranch
# Sold
% of Sold
Total $ Volume
% of $ Volume
Average Sold Price
Average AVG % of List Price / SF DOM Price
87 100% $79,994,205 100% $ 919,474 $ 420.68 140 95.22% 9 10.3% $ 7,549,500 9.44% $ 838,833 $ 409.04 133 96.10% 6 6.9% $ 12,325,000 15.41% $ 2,054,167 $1,282.70 242 92.41% 8 9.2% $ 3,755,500 4.69% $ 469,438 $ 258.40 65 97.51% 1 1.1% $ 2,100,000 2.63% $ 2,100,000 $ 659.96 119 87.68% 1 1.1% $ 1,277,500 1.60% $ 1,277,500 $ 885.92 230 96.12% 2 2.3% $ 3,910,000 4.89% $ 1,955,000 $ 348.06 285 89.99% 7 8.0% $ 6,263,500 7.83% $ 894,786 $ 280.58 60 94.08% 4 4.6% $ 1,441,555 1.80% $ 360,389 $ 320.41 123 96.43% 5 5.7% $ 2,504,500 3.13% $ 500,900 $ 221.66 114 97.45% 2 2.3% $ 5,495,000 6.87% $ 2,747,500 $ 473.98 531 100.92% 2 2.3% $ 4,166,650 5.21% $ 2,083,325 $ 333.42 248 90.78% 0 0.0% $ ‐ 0.00% $ ‐ $ ‐ 0 0.00% 0 0.0% $ ‐ 0.00% $ ‐ $ ‐ 0 0.00% 3 3.4% $ 1,070,000 1.34% $ 356,667 $ 182.05 23 96.14% 0 0.0% $ ‐ 0.00% $ ‐ $ ‐ 0 0.00% 6 6.9% $ 2,322,000 2.90% $ 387,000 $ 201.50 45 97.98% 3 3.4% $ 1,579,000 1.97% $ 526,333 $ 177.91 161 97.07%
* Total is for all sales in the MLS. Some areas have been omiƩed but their numbers are reflected in the totals. InformaƟon contained in this newsleƩer is not guaranteed to be accurate. Stats subject to change without noƟce. All staƟsƟcal data is supplied by the Vail Board of Realtors and is deemed reliable but not guaranteed.