December 2015 Quarterly Newsletter

Team Black Bear’s

Real Estate Update December 2015

Joan Harned, Barbara Hogoboom, Laura Sellards, Angela Maxey, Debra Geddes & Tom Harned www.TeamBlackBear.com │ info@TeamBlackBear.com │ (970) 337-7777

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e at Team Black Bear would like to take this opportunity to express our gratitude. The greatest gift in the real estate industry is the relationships we build with our clients and as such our goal is simple: ‘Exceed your highest expectations in service, performance and results!"

International Telecommunication Union (ITU) we will have more than 7 billion mobile cellular subscriptions globally by the end of 2015. The smart phone technology of today allows us to communicate by voice, email, text, chat, video conference and a plethora of other apps and programs all from one small mobile device. Social media sites also continue to grow allowing us to have As we prepare to welcome in the New Year constant communication with large numbers we ask ourselves ‘What’s next for 2016?’ and of people regardless of location. we take a look back at the path that has shaped where we are today.

Today more than ever we have the world at our fingertips, and the ability to bring all it Technology continues to change the has to offer directly into our homes and our environment in which we currently work and lives. Today we can enjoy instant and live. The internet has become one of the immediate gratification from downloading most valuable tools in our industry. Home books, magazines, newspapers, 24 hour news buyers and sellers have the ability to broadcasts, movies, games, TV shows, research and tour (virtually) properties and photographs, videos and much more. Simply communities 24 hours a day / 365 days a put, today we have a multitude of options year. At Team Black Bear we welcome the and choices on how we connect with our digital age. Gone are the days of buying film friends, family, clients and community. and waiting for photo development as todays digital photography provides fast high quality Can you imagine what 2016 will offer? images. In addition to digital photography, access to digital videography and affordable drone technology increases our advertising options exponentially.

Communications is another area that has seen tremendous advancements and improvements. A flash back in time reminds us of the telegraph, party line phone system and the facsimile machine. Fast forward to today and we have more communication options than ever before in history. According to a report from the

SWEETWATER 70+ Acres, incredible furnished log home, guest cabin & snowmobile barn.

Borders Nat’l Forest. $2,225,000

DOTSERO 4.291 acres w/new approved gas/conv store zoning. Boat launch across the street. Last stop in/out of Canyon. $1,200,000

SILT 1,256 Acres with 2 homes, fenced w/12 pastures. 3 National Forest In-Holdings. Water & Mineral rights . $5,100,000

GYPSUM 9.95 Acres, views, privacy, underground utilities, paved roads. BLM on 2 sides. Horses allowed. Great Views!. $419,000

EAGLE RANCH 5 Bed, 5 Bath 4,800+ square feet on golf course. Great outdoor living with fireplace and hot tub. $995,000

SWEETWATER 56.6 Acre ranch 1st time on the market! 4 ponds, 3 classic cabins, large maintenance building. Borders Natl Forest, water rights, fenced. $1,730,000

COTTON RANCH One of the best lots in Cotton Ranch, 0.97 Of an acre on Gypsum Creek Golf Course. Great views. Walk To clubhouse and pool. $110,000

SWEETWATER Beautiful property with lake, views and nearly 2400 sq ft deck. Well built log home w/ huge rooms & stone floors. Borders National Forest. $899,000

COTTON RANCH Custom with 4 car oversized garages. 5,409 sq ft on golf course. 6 bds, 4.5 bths, media, exercise & family rooms.

SKY LEGEND Great views! Cul-desac lot. Overlooking Gypsum Creek Golf Course, swimming & tennis.

Country Club feel without the high

SINGLETREE Large lot with views of Arrowhead. Huge garage (1140sf +/-) w/room for cars, toys or workshop. Open kitchen/great

SWEETWATER No covenants, great views, backs up to BLM public land, best price for 36 acres in Sweetwater $185,000

GYPSUM On the river - great fishing & outdoor living. Great floor plan with 4 bd, 3.5 ba, new carpet and paint in bedrooms.

Finished Basement. $519,000

GYPSUM 319+ Acres across from Jet Center zoned P.U.D. Cooley Mesa frontage, borders BLM, water rights. Great Opportunity! $4,900,000

PALISADE 10 irrigated acres fenced on 3 sides. 3 bd, 2ba, great 3 car garage/shop and 3 sided metal pole barn. No covenants. $460,000

VAIL First time ever on the market.

Only private land adjacent to Piney Lake. Forest Land on 3 sides . $1,500,000

EBY CREEK MESA .24 Acre treed lot with spectacular views of Eagle and Sawatch Mtn. Range. $149,000

EAGLE 100+ year old home + mobile home + 3 out buildings. 1.4 Acres near the Eagle River, water rights, water taps. $650,000

GLENWOOD CANYON Riverfront acreage perfect for the river enthusiast & fisherman. 3.105 Acres on the Colorado River. $150,000

McCOY 80+ Acres, water rights, pond, shop + apt & 2nd shop. Set up for hunting. 2 pastures, barn, BLM on 2 sides $995,000

Team Black Bear would like to welcome Debra Geddes to our team. She is an alumna of Texas A&M University, and The University of Colorado, Leeds School of Business, from which she received her Masters of Science in Accounting. She is a licensed Certified Public Accountant, as well as a licensed Real Estate Broker in the State of Colorado. Having worked in public accounting and private industry for many years, she brings solid financial expertise to real estate transactions and is eager to help with the success of both buyers and sellers. Debra has lived in Eagle County for over 34 years and has extensive knowledge of the area. She presently resides in Edwards with her family.

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Eagle County | Vail Valley | Col-

PO Box 1651, Eagle, CO 81631

Happy Holidays from Team Black Bear!

YTD Sales through 11/30/2015 Area

# Sold

Total* East Vail Vail Village Eagle-Vail Beaver Creek Bachelor Gulch Avon Arrowhead Singletree Edwards Homestead Lake Creek Valley Cordillera Bellyache Wolcott Eagle Eagle Ranch Gypsum Cotton Ranch

1155 68 54 73 72 35 90 60 45 39 46 6 42 4 88 71 89 13

% of Sold 100% 5.9% 4.7% 6.3% 6.2% 3.0% 7.8% 5.2% 3.9% 3.4% 4.0% 0.5% 3.6% 0.3% 7.6% 6.1% 7.7% 1.1%

Total $ Volume $ 1,261,291,608 $ 48,073,391 $ 221,173,208 $ 37,893,715 $ 153,015,900 $ 71,890,900 $ 39,475,978 $ 117,855,391 $ 37,309,475 $ 17,214,450 $ 28,005,266 $ 14,296,900 $ 78,442,900 $ 6,920,000 $ 40,383,665 $ 39,388,940 $ 32,342,600 $ 6,507,585

% of $ Volume 100% 3.81% 17.54% 3.00% 12.13% 5.70% 3.13% 9.34% 2.96% 1.36% 2.22% 1.13% 6.22% 0.55% 3.20% 3.12% 2.56% 0.52%

Average Sold Price $ 1,092,027 $ 706,962 $ 4,095,800 $ 519,092 $ 2,125,221 $ 2,054,026 $ 438,622 $ 1,964,257 $ 829,099 $ 441,396 $ 608,810 $ 2,382,817 $ 1,867,688 $ 1,730,000 $ 458,905 $ 554,774 $ 363,400 $ 500,583

Average Price / SF $ 464.69 $ 471.14 $ 1,592.09 $ 294.27 $ 699.57 $ 861.75 $ 386.13 $ 562.27 $ 317.07 $ 293.59 $ 274.54 $ 473.61 $ 344.33 $ 316.37 $ 215.70 $ 200.39 $ 188.71 $ 177.06

AVG DOM 144 76 416 68 297 223 99 177 92 67 69 257 337 348 76 96 43 95

% of List Price 93.56% 91.34 91.02 96.59 90.93 95.38 95.71 94.65 95.70 95.80 96.67 95.92 91.91 92.70 96.49 95.31 99.17 97.95

* Total is for all residential sales in the MLS. Some areas have been omitted but their numbers are reflected in the totals. Information contained in this newsletter is not guaranteed to be accurate. Stats subject to change without notice. All statistical data is supplied by the Vail Board of Realtors and is deemed reliable but not guaranteed.