Vail Valley / Eagle County
Mar ke t Re p or t & Ar e a Re p or t s YTD t h r u Oct ob e r 2 0 1 3
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Monthly Indicators October 2013 Now that the baton is in grasp of the final quarter of our annual relay, it's a good time to look back and reflect. This year has been spectacular for residential real estate. Robust gains in sales and prices were felt in many markets. More homes sold in less time for closer to asking price. While consumers have felt empowered by low prices and interest rates, sellers are starting to regain their footing. Seller confidence is crucial to refilled inventory bins – which are still relatively sparse. New Listings were up 31.3 percent for single family/duplex homes but decreased 11.9 percent for townhouse-condo properties. Pending Sales decreased 39.1 percent for single family/duplex homes and 18.6 percent for townhouse-condo properties. The Median Sales Price was up 37.2 percent to $710,000 for single family/duplex homes and 30.4 percent to $450,000 for townhouse-condo properties. Months Supply of Inventory decreased 21.3 percent for single family/duplex units and 24.2 percent for townhouse-condo units. The economy continues to snail forward. The government shutdown had a modest impact on borrowing – mostly centered on USDA and VA borrowers. Consumer confidence is central to ongoing recovery, and confidence was hindered by the shutdown. Consumer spending accounts for roughly 70 percent of U.S. economic activity and impacts the likelihood for big-ticket purchases like homes and cars. Future shutdowns are unwelcome.
Monthly Snapshot - 10.6%
- 21.4%
+ 27.6%
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 Glossary of Terms
Area Reports
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
Click on desired metric to jump to that page. Current as of November 10, 2013. All data from the Vail Board of REALTORS® 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 10-2010
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
48
63
+ 31.3%
756
800
+ 5.8%
64
39
- 39.1%
532
490
- 7.9%
68
55
- 19.1%
471
467
- 0.8%
$517,500
$710,000
+ 37.2%
$535,000
$590,500
+ 10.4%
10-2013
Average Sales Price
$862,734 $1,348,405 10-2010
10-2011
10-2012
Days on Market
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
95.6%
+ 1.9%
93.6%
95.4%
+ 1.9%
165
142
- 13.9%
179
163
- 8.9%
78
54
- 30.8%
76
64
- 15.8%
553
468
- 15.4%
--
--
--
12.2
9.6
- 21.3%
--
--
--
10-2013
Months Supply 10-2010
93.8%
10-2013
Active Listings 10-2010
- 11.0%
10-2013
Affordability Index 10-2010
$1,138,270 $1,012,707
10-2013
` 10-2010
+ 56.3%
10-2013
Pct. of List Price Received 10-2010
Percent Change
10-2013
Median Sales Price 10-2010
Percent Change
10-2013
Closed Sales 10-2010
10-2013
10-2013
Pending Sales 10-2010
YTD 2012 YTD 2013
10-2012
10-2013
Current as of November 10, 2013. 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 10-2010
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
59
48
- 18.6%
521
498
- 4.4%
73
71
- 2.7%
496
469
- 5.4%
$345,000
$450,000
+ 30.4%
$365,000
$417,000
+ 14.2%
$808,805
$720,354
- 10.9%
$783,894
$774,609
- 1.2%
93.9%
94.1%
+ 0.2%
93.8%
94.7%
+ 1.0%
211
203
- 3.8%
212
207
- 2.4%
113
82
- 27.4%
108
88
- 18.5%
627
459
- 26.8%
--
--
--
12.8
9.7
- 24.2%
--
--
--
10-2013
Months Supply 10-2010
- 4.9%
10-2013
Active Listings 10-2010
683
10-2013
Affordability Index 10-2010
718
10-2013
Days on Market 10-2010
- 11.9%
10-2013
Pct. of List Price Received 10-2010
52
10-2013
Average Sales Price 10-2010
59
Percent Change
10-2013
Median Sales Price 10-2010
Percent Change
10-2013
Closed Sales 10-2010
10-2013
10-2013
Pending Sales 10-2010
YTD 2012 YTD 2013
10-2012
10-2013
Current as of November 10, 2013. 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
October 63 58
756
59
53
756
800 709
52
48
718
683
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
+ 10.4%
- 9.4%
+ 31.3%
0.0%
+ 1.7%
- 11.9%
- 8.4%
0.0%
+ 5.8%
- 11.3%
+ 1.3%
- 4.9%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
New Listings
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Nov-2012
53
-24.3%
62
-26.2%
Dec-2012
53
-29.3%
67
-28.0%
Jan-2013
53
-26.4%
55
-29.5%
Feb-2013
68
+30.8%
55
-32.9%
Mar-2013
58
-33.3%
62
+14.8%
Apr-2013
67
+9.8%
47
-9.6%
May-2013
88
-5.4%
73
-18.9%
Jun-2013
148
+27.6%
116
+27.5%
Jul-2013
126
+32.6%
96
+12.9%
Aug-2013
72
-15.3%
79
+11.3%
Sep-2013
57
+21.3%
48
-14.3%
Oct-2013
63
+31.3%
52
-11.9%
12-Month Avg
76
+0.6%
68
-9.3%
Townhouse-Condo
Historical New Listings by Month
Single Family/Duplex
200
Townhouse-Condo
175 150 125 100 75 50 25 1-2009
1-2010
1-2011
1-2012
1-2013
Current as of November 10, 2013. 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
October 64
532 59
43
2011
521
490
49
48
498
410 368
39
2012
+ 43.3% + 48.8%
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
- 39.1%
+ 25.6%
+ 20.4%
- 18.6%
+ 11.5%
+ 44.6%
- 7.9%
+ 3.3%
+ 27.1%
- 4.4%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Nov-2012
39
+56.0%
34
-20.9%
Dec-2012
30
+20.0%
36
+24.1%
Jan-2013
42
+2.4%
41
-18.0%
Feb-2013
42
+23.5%
35
-20.5%
Mar-2013
63
+31.3%
48
-15.8%
Apr-2013
51
-8.9%
39
-2.5%
May-2013
30
-33.3%
52
+6.1%
Jun-2013
49
+6.5%
36
-7.7%
Jul-2013
50
-19.4%
69
+3.0%
Aug-2013
70
-9.1%
64
-5.9%
Sep-2013
54
-8.5%
66
+37.5%
Oct-2013
39
-39.1%
48
-18.6%
12-Month Avg
47
-4.0%
47
-4.2%
Pending Sales
Single Family/Duplex
Year-Over-Year Change
Townhouse-Condo
Historical Pending Sales by Month
Single Family/Duplex
80
Townhouse-Condo
60
40
20
0 1-2009
1-2010
1-2011
1-2012
1-2013
Current as of November 10, 2013. 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
October 73 68
71 471
467
55
52
496
469
394 335 40
2011
2012
+ 20.9% + 30.8%
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
- 19.1%
- 14.9%
+ 82.5%
- 2.7%
+ 8.4%
+ 40.6%
- 0.8%
- 3.2%
+ 25.9%
- 5.4%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Closed Sales
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Nov-2012
61
+38.6%
47
+9.3%
Dec-2012
57
+96.6%
49
+4.3%
Jan-2013
23
-14.8%
31
-6.1%
Feb-2013
36
+24.1%
32
-11.1%
Mar-2013
38
+11.8%
35
-25.5%
Apr-2013
53
+55.9%
42
-22.2%
May-2013
58
-13.4%
51
+45.7%
Jun-2013
42
0.0%
40
-4.8%
Jul-2013
48
+33.3%
42
+2.4%
Aug-2013
60
-1.6%
65
-1.5%
Sep-2013
54
-26.0%
60
-13.0%
Oct-2013
55
-19.1%
71
-2.7%
12-Month Avg
49
+7.5%
47
-3.6%
Townhouse-Condo
Historical Closed Sales by Month
Single Family/Duplex
80
Townhouse-Condo
60
40
20
0 1-2009
1-2010
1-2011
1-2012
1-2013
Current as of November 10, 2013. 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
October
$590,500 $550,000
$957,500
$535,000
$417,000
$415,600
$710,000
$365,000 $517,500 $450,000 $327,500 $345,000
2011
2012
+ 14.7% - 46.0%
2013
2011
2012
2013
2011
2012
2013
2011
+ 37.2%
- 29.6%
+ 5.3%
+ 30.4%
- 29.0%
- 2.7%
+ 10.4%
- 30.7%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Nov-2012
$550,000
+18.7%
$355,000
-36.0%
Dec-2012
$635,000
-15.9%
$455,000
+7.3%
Jan-2013
$310,000
-47.5%
$395,000
-34.2%
Feb-2013
$736,500
+36.4%
$384,000
-0.9%
Mar-2013
$612,500
-0.4%
$512,000
+55.6%
Apr-2013
$565,000
+30.6%
$675,000
+74.2%
May-2013
$577,000
+7.3%
$330,000
-21.4%
Jun-2013
$459,000
-6.3%
$313,250
-2.2%
Median Sales Price
Single Family/Duplex
Historical Median Sales Price by Month
2012
2013
- 12.2% + 14.2%
Townhouse-Condo
Jul-2013
$539,000
-3.3%
$416,250
+30.1%
Aug-2013
$455,500
+11.1%
$450,000
+23.6%
Sep-2013
$780,000
+22.8%
$413,500
+12.7%
Oct-2013
$710,000
+37.2%
$450,000
+30.4%
12-Month Avg*
$585,000
+9.3%
$410,000
+9.3%
* Median Sales Price for all properties from November 2012 through October 2013. This is not the average of the individual figures above.
Single Family/Duplex
$2,000,000
Townhouse-Condo
$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
Current as of November 10, 2013. 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
October
$1,128,344$1,138,270 $1,576,403
$1,012,707 $903,757
$1,348,405
$783,894 $774,609
$862,734
$808,805 $720,354
$719,794
2011
2012
+ 18.3% - 45.3%
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
+ 56.3%
- 42.7%
+ 12.4%
- 10.9%
- 18.2%
+ 0.9%
- 11.0%
- 29.2%
- 13.3%
- 1.2%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Historical Average Sales Price by Month
Townhouse-Condo
Average Sales Price
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Nov-2012
$1,223,695
+36.9%
$774,753
-18.8%
Dec-2012
$1,075,356
-30.8%
$977,653
+25.6%
Jan-2013
$651,761
-47.9%
$652,204
-53.3%
Feb-2013
$1,513,347
+40.3%
$935,489
-4.8%
Mar-2013
$832,750
-55.5%
$927,314
+22.3%
Apr-2013
$840,334
-29.7%
$987,096
+18.0%
May-2013
$1,133,591
-9.5%
$625,845
-27.6%
Jun-2013
$788,201
-32.4%
$525,095
-20.2%
Jul-2013
$902,062
+9.6%
$571,362
-20.0%
Aug-2013
$589,896
-44.0%
$910,167
+71.8%
Sep-2013
$1,396,172
+25.1%
$866,646
+31.7%
Oct-2013
$1,348,405
+56.3%
$720,354
-10.9%
12-Month Avg*
$1,040,860
-8.8%
$792,230
-0.5%
* Average Sales Price for all properties from November 2012 through October 2013. This is not the average of the individual figures above.
Single Family/Duplex
$3,000,000
Townhouse-Condo
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000 1-2009
1-2010
1-2011
1-2012
1-2013
Current as of November 10, 2013. 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
October
90.5%
93.8% 95.6%
91.1% 93.9% 94.1%
Pct. of List Price Received
92.4% 93.6% 95.4%
92.7% 93.8% 94.7%
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
- 1.0%
+ 3.6%
+ 1.9%
+ 1.6%
+ 3.1%
+ 0.2%
+ 1.8%
+ 1.3%
+ 1.9%
+ 8.2%
+ 1.2%
+ 1.0%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Historical Percent of List Price Received by Month
Townhouse-Condo
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Nov-2012
93.6%
-0.5%
94.5%
+2.4%
Dec-2012
93.5%
+3.0%
96.1%
+6.1%
Jan-2013
96.5%
+1.9%
95.6%
+2.9%
Feb-2013
93.5%
-0.8%
95.4%
+1.7%
Mar-2013
94.0%
+4.6%
95.0%
+0.7%
Apr-2013
94.4%
+2.2%
94.2%
+1.1%
May-2013
96.8%
+3.0%
95.3%
+1.5%
Jun-2013
95.5%
+2.6%
95.1%
-0.5%
Jul-2013
94.7%
+0.2%
94.9%
+1.7%
Aug-2013
97.0%
+3.0%
94.0%
+0.3%
Sep-2013
95.1%
+1.1%
94.3%
+0.4%
Oct-2013
95.6%
+1.9%
94.1%
+0.2%
12-Month Avg*
95.0%
+1.6%
94.8%
+1.4%
* Pct. of List Price Received for all properties from November 2012 through October 2013. This is not the average of the individual figures above.
Single Family/Duplex
100.0%
Townhouse-Condo
95.0%
90.0%
85.0%
80.0%
75.0%
70.0% 1-2009
1-2010
1-2011
1-2012
1-2013
Current as of November 10, 2013. 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
October
229
228 212
255 235 211
207
179
203
163
165 142
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
- 9.6%
- 35.3%
- 13.9%
- 1.3%
- 10.2%
- 3.8%
- 5.0%
- 21.8%
- 8.9%
- 21.6%
- 7.0%
- 2.4%
Single Family/Duplex
Townhouse-Condo
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Nov-2012
158
-35.0%
202
-13.3%
Dec-2012
199
-10.4%
233
+0.9%
Jan-2013
187
-3.6%
153
-28.2%
Feb-2013
195
-27.2%
156
-11.4%
Mar-2013
98
-52.7%
305
+58.9%
Apr-2013
221
+15.1%
239
-23.4%
May-2013
165
-20.3%
170
-36.3%
Jun-2013
118
-41.3%
204
+9.7%
Jul-2013
133
-1.5%
204
+6.8%
Aug-2013
111
-1.8%
241
+34.6%
Sep-2013
257
+52.1%
185
-5.6%
Oct-2013
142
-13.9%
203
-3.8%
12-Month Avg*
186
-10.9%
215
-2.8%
Days on Market
Single Family/Duplex
Townhouse-Condo
* Days on Market for all properties from November 2012 through October 2013. This is not the average of the individual figures above.
Historical Days on Market Until Sale by Month
Single Family/Duplex
500
Townhouse-Condo
400
300
200
100
0 1-2009
1-2010
1-2011
1-2012
1-2013
Current as of November 10, 2013. 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.
October
Year to Date 111
Affordability Index
113
108 89
82
78
69
88
76 64
54 41
2011
- 6.8%
2012
2013
+ 90.2% - 30.8%
Single Family/Duplex
2011
2012
2013
2011
+ 46.1%
+ 1.8%
- 27.4%
+ 46.8%
Townhouse-Condo
2012
2013
+ 10.1%
- 15.8%
Single Family/Duplex
2011
+ 48.3%
2012
+ 21.3%
2013
- 18.5%
Townhouse-Condo
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Nov-2012
74
-8.6%
111
+60.9%
Dec-2012
66
+26.9%
90
+1.1%
Jan-2013
127
+95.4%
102
+59.4%
Feb-2013
56
-22.2%
102
+5.2%
Mar-2013
67
+6.3%
79
-29.5%
Apr-2013
73
-18.0%
62
-36.7%
May-2013
69
-6.8%
115
+25.0%
Jun-2013
80
-1.2%
113
-4.2%
Jul-2013
69
-4.2%
88
-26.7%
Aug-2013
80
-16.7%
81
-24.3%
Sep-2013
49
-24.6%
89
-17.6%
Oct-2013
54
-30.8%
82
-27.4%
12-Month Avg*
72
-27.0%
74
-17.1%
* Affordability Index for all properties from November 2012 through October 2013. This is not the average of the individual figures above.
Historical Housing Affordability Index by Month
Single Family/Duplex
140
Townhouse-Condo
120 100 80 60 40 20 0 1-2009
1-2010
1-2011
1-2012
1-2013
Current as of November 10, 2013. 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.
October 774 687
627
553 468
2011 - 10.7%
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Nov-2012
536
-19.9%
627
-18.6%
Dec-2012
499
-22.8%
601
-22.4%
Jan-2013
474
-25.2%
578
-24.6%
Feb-2013
479
-24.8%
580
-26.3%
Mar-2013
454
-31.0%
574
-24.5%
Apr-2013
442
-28.4%
528
-24.5%
May-2013
456
-29.4%
523
-26.0%
Jun-2013
523
-23.9%
575
-21.4%
Jul-2013
573
-17.4%
588
-17.3%
Aug-2013
542
-19.7%
573
-16.8%
Sep-2013
498
-19.9%
511
-23.2%
Oct-2013
468
-15.4%
459
-26.8%
12-Month Avg
495
-23.2%
560
-22.7%
Active Listings
2012 - 19.5%
2013 - 15.4%
459
2011
- 8.5%
Single Family/Duplex
2012 - 19.0%
2013 - 26.8%
Townhouse-Condo
Historical Inventory of Active Listings by Month
Single Family/Duplex
1,100
Townhouse-Condo
1,000 900 800 700 600 500 400 1-2009
1-2010
1-2011
1-2012
1-2013
Current as of November 10, 2013. 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.
October
Single Family/Duplex
Year-Over-Year Change
TownhouseCondo
Year-Over-Year Change
Nov-2012
11.5
-41.3%
12.8
-34.4%
Dec-2012
10.2
-46.3%
12.2
-36.5%
Jan-2013
9.7
-47.6%
11.8
-37.2%
Feb-2013
9.7
-46.7%
11.9
-40.5%
Mar-2013
9.1
-51.3%
12.0
-39.1%
Apr-2013
Months Supply
20.9
19.6
12.8
12.2
9.7
9.6
8.6
-51.4%
11.3
-35.1%
May-2013
9.0
-47.7%
10.9
-39.1%
Jun-2013
10.4
-40.9%
12.0
-33.0%
Jul-2013
11.1
-36.6%
12.2
-27.8%
Aug-2013
10.5
-34.8%
11.9
-24.2%
Sep-2013
10.0
-29.1%
10.8
-25.0%
9.6
-21.3%
9.7
-24.2%
10.0
-42.1%
11.6
-33.7%
Oct-2013 2011 - 17.7%
2012 - 41.6%
2013 - 21.3%
2011 - 10.9%
Single Family/Duplex
2012 - 34.7%
2013 - 24.2%
12-Month Avg
Townhouse-Condo
* Months Supply for all properties from November 2012 through October 2013. This is not the average of the individual figures above.
Historical Months Supply of Inventory by Month
Single Family/Duplex
50.0
Townhouse-Condo
40.0
30.0
20.0
10.0
0.0 1-2009
1-2010
1-2011
1-2012
1-2013
Current as of November 10, 2013. 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 10-2010
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
10-2011
10-2012
123
87
- 29.3%
1,053
988
- 6.2%
141
126
- 10.6%
967
936
- 3.2%
$429,000
$547,500
+ 27.6%
$420,000
$515,000
+ 22.6%
$834,814
$994,503
+ 19.1%
$956,501
$893,276
- 6.6%
93.8%
94.8%
+ 1.1%
93.7%
95.0%
+ 1.4%
189
176
- 6.9%
196
185
- 5.6%
93
69
- 26.2%
95
73
- 23.4%
1,180
927
- 21.4%
--
--
--
12.5
9.7
- 22.4%
--
--
--
10-2013
Months Supply 10-2010
+ 0.6%
10-2013
Active Listings 10-2010
1,483
10-2013
Affordability Index 10-2010
1,474
10-2013
Days on Market 10-2010
+ 7.5%
10-2013
Pct. of List Price Received 10-2010
115
10-2013
Average Sales Price 10-2010
107
Percent Change
10-2013
Median Sales Price 10-2010
Percent Change
10-2013
Closed Sales 10-2010
10-2013
10-2013
Pending Sales 10-2010
YTD 2012 YTD 2013
10-2012
10-2013
Current as of November 10, 2013. All data from the Vail Board of REALTORS速 MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 14
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 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 July 12, 2013. All data from the Vail Board of REALTORSÂŽ MLS. Powered by 10K Research and Marketing. | Click for Cover Page | 13
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Arrowhead Quarter 3
Single Family
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
13
11
- 15.4%
33
36
+ 9.1%
Sold Listings
10
6
- 40.0%
23
20
- 13.0%
Median Sales Price*
$2,837,500
$1,650,000
- 41.9%
$2,550,000
$1,757,500
- 31.1%
Average Sales Price*
$2,657,500
$1,800,417
- 32.3%
$2,721,935
$1,894,775
- 30.4%
90.0%
91.8%
+ 2.0%
90.5%
91.2%
+ 0.8%
Days on Market Until Sale
253
162
- 36.0%
231
206
- 10.8%
Inventory of Homes for Sale
43
28
- 34.9%
--
--
--
Months Supply of Inventory
12.8
11.6
- 9.4%
--
--
--
Percent of List Price Received*
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
11
13
+ 18.2%
22
31
+ 40.9%
Sold Listings
5
5
0.0%
9
15
+ 66.7%
Median Sales Price*
$505,000
$985,000
+ 95.0%
$960,000
$550,000
- 42.7%
Average Sales Price*
$968,500
$977,000
+ 0.9%
$944,722
$952,387
+ 0.8%
93.3%
91.1%
- 2.4%
89.2%
90.7%
+ 1.7%
Days on Market Until Sale
387
199
- 48.6%
332
207
- 37.7%
Inventory of Homes for Sale
27
29
+ 7.4%
--
--
--
Months Supply of Inventory
17.2
16.6
- 3.5%
--
--
--
Percent of List Price Received*
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Arrowhead —
$5,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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
$200,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Beaver Creek/Bachelor Gulch Quarter 3
Single Family
Year to Date Percent Change from Previous Year
Thru Q3-2012
Percent Change from Previous Year
Key Metrics
2012
2013
New Listings
14
13
- 7.1%
39
26
- 33.3%
Sold Listings
6
5
- 16.7%
20
15
- 25.0%
Median Sales Price*
$3,047,500
$6,600,000
+ 116.6%
$3,975,000
$4,450,000
+ 11.9%
Average Sales Price*
$3,811,667
$6,565,000
+ 72.2%
$4,784,925
$4,627,667
- 3.3%
99.8%
93.1%
- 6.7%
94.3%
93.2%
- 1.2%
Days on Market Until Sale
70
540
+ 671.4%
176
370
+ 110.2%
Inventory of Homes for Sale
48
42
- 12.5%
--
--
--
Months Supply of Inventory
23.0
17.2
- 25.2%
--
--
--
Percent of List Price Received*
Thru Q3-2013
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
42
24
- 42.9%
110
83
- 24.5%
Sold Listings
23
21
- 8.7%
60
57
- 5.0%
Median Sales Price*
$1,050,000
$1,325,000
+ 26.2%
$1,152,500
$1,265,000
+ 9.8%
Average Sales Price*
$1,441,152
$1,698,905
+ 17.9%
$1,703,500
$1,449,754
- 14.9%
91.8%
92.7%
+ 1.0%
92.0%
93.3%
+ 1.4%
Days on Market Until Sale
212
289
+ 36.3%
209
277
+ 32.5%
Inventory of Homes for Sale
134
112
- 16.4%
--
--
--
Months Supply of Inventory
19.4
17.2
- 11.3%
--
--
--
Percent of List Price Received*
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. Note: 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
$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
Entire MLS — Beaver Creek/Bachelor Gulch —
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Entire MLS — Beaver Creek/Bachelor Gulch —
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Dotsero/Sweetwater Quarter 3
Single Family
Year to Date
Key Metrics
2012
2013
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 Q3-2012
Thru Q3-2013
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
0
0
--
Sold Listings
0
0
--
Median Sales Price*
$0
$0
--
Average Sales Price*
$0
$0
0.0%
0.0%
Days on Market Until Sale
0
0
--
Inventory of Homes for Sale
0
0
--
Months Supply of Inventory
0.0
0.0
--
--
Percent of List Price Received*
Thru Q3-2013
Percent Change from Previous Year
0
0
--
0
0
--
$0
$0
--
--
$0
$0
--
--
0.0%
0.0%
--
0
0
--
--
--
--
--
--
Thru Q3-2012
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Dotsero/Sweetwater —
$1,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Eagle Quarter 3
Single Family
Year to Date Percent Change from Previous Year
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
Key Metrics
2012
2013
New Listings
20
20
0.0%
67
55
- 17.9%
Sold Listings
21
18
- 14.3%
42
45
+ 7.1%
Median Sales Price*
$301,000
$322,550
+ 7.2%
$296,000
$325,000
+ 9.8%
Average Sales Price*
$319,670
$335,610
+ 5.0%
$315,873
$398,109
+ 26.0%
96.2%
96.4%
+ 0.2%
96.3%
97.1%
+ 0.8%
Days on Market Until Sale
84
33
- 60.7%
99
67
- 32.3%
Inventory of Homes for Sale
32
23
- 28.1%
--
--
--
Months Supply of Inventory
6.9
3.9
- 43.5%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Percent Change from Previous Year
Key Metrics
2012
New Listings
14
4
- 71.4%
40
25
- 37.5%
Sold Listings
7
3
- 57.1%
26
17
- 34.6%
Median Sales Price*
$165,000
$269,000
+ 63.0%
$161,563
$197,500
+ 22.2%
Average Sales Price*
$165,821
$270,500
+ 63.1%
$151,876
$233,201
+ 53.5%
99.3%
96.6%
- 2.7%
96.5%
97.4%
+ 0.9%
Days on Market Until Sale
43
26
- 39.5%
72
70
- 2.8%
Inventory of Homes for Sale
19
9
- 52.6%
--
--
--
Months Supply of Inventory
6.3
3.6
- 42.9%
--
--
--
Percent of List Price Received*
2013
Year to Date Percent Change from Previous Year
Thru Q3-2012
Thru Q3-2013
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Eagle —
$1,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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
$100,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Eagle Ranch Quarter 3
Single Family
Year to Date Percent Change from Previous Year
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
60
59
- 1.7%
37
37
0.0%
+ 23.8%
$540,000
$560,000
+ 3.7%
+ 1.8%
$515,211
$613,720
+ 19.1%
+ 0.7%
95.1%
96.2%
+ 1.2%
47
- 40.5%
160
142
- 11.3%
28
- 33.3%
--
--
--
6.2
- 38.6%
--
--
--
Key Metrics
2012
2013
New Listings
19
18
- 5.3%
Sold Listings
17
15
- 11.8%
Median Sales Price*
$432,000
$535,000
Average Sales Price*
$505,406
$514,375
96.3%
97.0%
Days on Market Until Sale
79
Inventory of Homes for Sale
42
Months Supply of Inventory
10.1
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
5
4
Sold Listings
6
3
Median Sales Price*
$207,500
Average Sales Price* Percent of List Price Received* Days on Market Until Sale
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
- 20.0%
7
13
+ 85.7%
- 50.0%
11
11
0.0%
$240,000
+ 15.7%
$210,000
$235,000
+ 11.9%
$211,167
$242,900
+ 15.0%
$209,682
$221,973
+ 5.9%
97.4%
96.6%
- 0.8%
97.4%
95.4%
- 2.1%
110
44
- 60.0%
172
58
- 66.3%
Inventory of Homes for Sale
5
4
- 20.0%
--
--
--
Months Supply of Inventory
2.3
2.5
+ 8.7%
--
--
--
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Eagle Ranch —
$1,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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
$100,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Eagle-Vail & Avon Quarter 3
Single Family
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
14
13
- 7.1%
42
42
0.0%
Sold Listings
11
10
- 9.1%
23
21
- 8.7%
Median Sales Price*
$495,000
$624,500
+ 26.2%
$415,000
$560,000
+ 34.9%
Average Sales Price*
$528,864
$620,350
+ 17.3%
$457,638
$571,310
+ 24.8%
93.5%
95.4%
+ 2.0%
95.2%
97.0%
+ 1.9%
Percent of List Price Received*
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
Days on Market Until Sale
105
72
- 31.4%
88
53
- 39.8%
Inventory of Homes for Sale
26
18
- 30.8%
--
--
--
Months Supply of Inventory
9.8
5.0
- 49.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
44
60
+ 36.4%
146
144
- 1.4%
Sold Listings
45
46
+ 2.2%
89
97
+ 9.0%
Median Sales Price*
$231,000
$300,500
+ 30.1%
$242,000
$277,000
+ 14.5%
Average Sales Price*
$262,789
$392,141
+ 49.2%
$289,129
$362,074
+ 25.2%
94.1%
94.4%
+ 0.3%
94.9%
95.4%
+ 0.5%
Days on Market Until Sale
132
127
- 3.8%
151
172
+ 13.9%
Inventory of Homes for Sale
108
84
- 22.2%
--
--
--
Months Supply of Inventory
10.5
7.4
- 29.5%
--
--
--
Percent of List Price Received*
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Eagle-Vail & Avon —
$1,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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
$200,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
East Vail Quarter 3
Single Family
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
10
14
+ 40.0%
39
37
- 5.1%
Sold Listings
4
2
- 50.0%
15
11
- 26.7%
Median Sales Price*
$1,922,500
$1,719,750
- 10.5%
$1,950,000
$1,550,000
- 20.5%
Average Sales Price*
$1,956,250
$1,719,750
- 12.1%
$2,296,833
$1,552,000
- 32.4%
85.9%
92.9%
+ 8.1%
88.5%
94.4%
+ 6.7%
Days on Market Until Sale
34
151
+ 344.1%
201
139
- 30.8%
Inventory of Homes for Sale
43
41
- 4.7%
--
--
--
Months Supply of Inventory
20.6
18.5
- 10.2%
--
--
--
Percent of List Price Received*
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
12
27
+ 125.0%
61
75
+ 23.0%
Sold Listings
21
24
+ 14.3%
39
48
+ 23.1%
Median Sales Price*
$395,000
$418,500
+ 5.9%
$400,000
$418,500
+ 4.6%
Average Sales Price*
$445,476
$576,214
+ 29.3%
$479,392
$534,992
+ 11.6%
93.7%
96.1%
+ 2.6%
93.7%
95.1%
+ 1.5%
Days on Market Until Sale
127
136
+ 7.1%
149
137
- 8.1%
Inventory of Homes for Sale
40
32
- 20.0%
--
--
--
Months Supply of Inventory
9.4
5.6
- 40.4%
--
--
--
Percent of List Price Received*
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — East Vail —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$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
$350,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Entire MLS — East Vail —
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Edwards Quarter 3
Single Family
Year to Date Percent Change from Previous Year
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
- 12.5%
59
68
+ 15.3%
+ 60.0%
18
31
+ 72.2%
$643,750
$705,000
+ 9.5%
+ 24.4%
$762,328
$1,024,513
+ 34.4%
+ 1.6%
92.0%
92.7%
+ 0.8%
124
- 24.8%
172
161
- 6.4%
44
- 32.3%
--
--
--
10.8
- 63.4%
--
--
--
Key Metrics
2012
2013
New Listings
24
21
Sold Listings
10
16
Median Sales Price*
$648,500
$690,000
+ 6.4%
Average Sales Price*
$716,400
$891,344
91.3%
92.8%
Days on Market Until Sale
165
Inventory of Homes for Sale
65
Months Supply of Inventory
29.5
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
13
25
+ 92.3%
Sold Listings
15
17
+ 13.3%
Median Sales Price*
$250,000
$380,000
Average Sales Price*
$287,800
$430,735
94.1%
95.7%
Days on Market Until Sale
61
Inventory of Homes for Sale
42
Months Supply of Inventory
10.7
Percent of List Price Received*
Thru Q3-2013
Percent Change from Previous Year
60
61
+ 1.7%
36
33
- 8.3%
+ 52.0%
$249,500
$355,000
+ 42.3%
+ 49.7%
$273,252
$385,830
+ 41.2%
+ 1.7%
95.5%
96.3%
+ 0.8%
83
+ 36.1%
67
101
+ 50.7%
22
- 47.6%
--
--
--
5.4
- 49.5%
--
--
--
Thru Q3-2012
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Edwards —
$1,100,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Edwards —
$600,000
$1,000,000 $500,000 $900,000
$800,000
$400,000
$700,000 $300,000 $600,000
$500,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
$200,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Gypsum Quarter 3
Single Family
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
30
39
+ 30.0%
Sold Listings
30
24
- 20.0%
Median Sales Price*
$226,000
$281,118
Average Sales Price*
$228,265
$319,889
98.8%
101.0%
Days on Market Until Sale
45
Inventory of Homes for Sale
36
Months Supply of Inventory
4.4
Percent of List Price Received*
Thru Q3-2013
Percent Change from Previous Year
91
97
+ 6.6%
78
72
- 7.7%
+ 24.4%
$250,000
$258,500
+ 3.4%
+ 40.1%
$270,571
$282,190
+ 4.3%
+ 2.2%
97.7%
100.6%
+ 3.0%
52
+ 15.6%
91
47
- 48.4%
20
- 44.4%
--
--
--
2.4
- 45.5%
--
--
--
Thru Q3-2012
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
6
3
- 50.0%
Sold Listings
8
4
- 50.0%
Median Sales Price*
$104,000
$125,750
Average Sales Price*
$104,913
$129,173
89.4%
103.8%
Days on Market Until Sale
39
Inventory of Homes for Sale
3
Months Supply of Inventory
1.3
Percent of List Price Received*
Thru Q3-2013
Percent Change from Previous Year
21
8
- 61.9%
22
8
- 63.6%
+ 20.9%
$99,950
$120,300
+ 20.4%
+ 23.1%
$100,359
$124,764
+ 24.3%
+ 16.1%
94.9%
101.8%
+ 7.3%
24
- 38.5%
48
19
- 60.4%
1
- 66.7%
--
--
--
0.6
- 53.8%
--
--
--
Thru Q3-2012
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Gypsum —
$1,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 2-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Minturn and Red Cliff #N/A Quarter 2
Single Family
Thru Q2-2012
Percent Change from Previous Year
Key Metrics
2012
New Listings
12
3
- 75.0%
17
13
- 23.5%
Sold Listings
2
8
+ 300.0%
2
13
+ 550.0%
Median Sales Price*
$252,500
$469,750
+ 86.0%
$252,500
$325,000
+ 28.7%
Average Sales Price*
$252,500
$546,813
+ 116.6%
$252,500
$436,192
+ 72.7%
86.5%
93.0%
+ 7.5%
86.5%
95.2%
+ 10.1%
Days on Market Until Sale
33
132
+ 300.0%
33
104
+ 215.2%
Inventory of Homes for Sale
26
14
- 46.2%
--
--
--
Months Supply of Inventory
17.3
6.0
- 65.3%
--
--
--
Percent of List Price Received*
2013
Year to Date Percent Change from Previous Year
Thru Q2-2013
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 2
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
3
2
- 33.3%
Sold Listings
0
1
--
Median Sales Price*
0
$405,000
--
Average Sales Price*
$0
$405,000
Percent of List Price Received*
$0
95.3%
Days on Market Until Sale
Thru Q2-2013
Percent Change from Previous Year
4
2
- 50.0%
1
1
0.0%
$329,000
$405,000
+ 23.1%
--
$329,000
$405,000
+ 23.1%
--
96.8%
95.3%
- 1.5%
Thru Q2-2012
0.0%
12
--
58
12
- 79.3%
Inventory of Homes for Sale
7
1
- 85.7%
--
--
--
Months Supply of Inventory
4.7
1.0
- 78.7%
--
--
--
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Minturn and Red Cliff —
$1,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of July 12, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Mountain Star Quarter 3
Single Family Key Metrics
2012
2013
New Listings
0
1
Sold Listings
1
0
Median Sales Price*
$7,000,000
$0
Average Sales Price*
$7,000,000
$0
73.7%
0.0%
Percent of List Price Received* Days on Market Until Sale
Year to Date Percent Change from Previous Year
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
--
1
3
+ 200.0%
- 100.0%
2
0
- 100.0%
- 100.0%
$5,325,000
$0
- 100.0%
- 100.0%
$5,325,000
$0
- 100.0%
- 100.0%
77.0%
0.0%
- 100.0%
358
0
- 100.0%
314
0
- 100.0%
Inventory of Homes for Sale
6
5
- 16.7%
--
--
--
Months Supply of Inventory
6.0
2.5
- 58.3%
--
--
--
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
0
0
--
Sold Listings
0
0
--
Median Sales Price*
$0
$0
--
Average Sales Price*
$0
$0
0.0%
0.0%
Days on Market Until Sale
0
0
--
Inventory of Homes for Sale
0
0
--
Months Supply of Inventory
0.0
0.0
--
--
Percent of List Price Received*
Thru Q3-2013
Percent Change from Previous Year
0
0
--
0
0
--
$0
$0
--
--
$0
$0
--
--
0.0%
0.0%
--
0
0
--
--
--
--
--
--
Thru Q3-2012
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Mountain Star —
$10,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
NW Eagle County Quarter 3
Single Family
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
0
1
--
2
2
0.0%
Sold Listings
0
1
--
0
3
--
Median Sales Price*
$0
$850,000
--
$0
$310,000
--
$0
$850,000
--
$0
$486,667
--
0.0%
85.9%
--
0.0%
78.1%
--
Days on Market Until Sale
0
38
--
0
170
--
Inventory of Homes for Sale
4
3
- 25.0%
--
--
--
Months Supply of Inventory
0.0
2.3
--
--
--
--
Average Sales Price* Percent of List Price Received*
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
0
0
--
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
$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
--
--
--
--
Average Sales Price* Percent of List Price Received*
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — NW Eagle County —
$1,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — NW Eagle County —
$2,500,000
$900,000 $800,000
$2,000,000
$700,000 $600,000
$1,500,000
$500,000 $400,000
$1,000,000
$300,000 $200,000
$500,000
$100,000 $0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of November 1, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Sandstone Quarter 3
Single Family
Year to Date Percent Change from Previous Year
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
Key Metrics
2012
2013
New Listings
6
2
- 66.7%
11
4
- 63.6%
Sold Listings
4
0
- 100.0%
7
2
- 71.4%
Median Sales Price*
$951,804
$0
- 100.0%
$928,608
$1,200,000
+ 29.2%
Average Sales Price*
$1,501,152
$0
- 100.0%
$1,195,658
$1,200,000
+ 0.4%
97.5%
0.0%
- 100.0%
94.4%
89.9%
- 4.8%
Percent of List Price Received* Days on Market Until Sale
28
0
- 100.0%
150
28
- 81.3%
Inventory of Homes for Sale
5
4
- 20.0%
--
--
--
Months Supply of Inventory
1.9
2.0
+ 5.3%
--
--
--
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo Key Metrics
2012
Year to Date
2013
Percent Change from Previous Year
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
New Listings
8
13
+ 62.5%
37
37
0.0%
Sold Listings
11
11
0.0%
26
21
- 19.2%
Median Sales Price*
$436,000
$410,000
- 6.0%
$436,000
$410,000
- 6.0%
Average Sales Price*
$506,682
$526,727
+ 4.0%
$519,702
$500,127
- 3.8%
94.4%
94.9%
+ 0.5%
94.2%
96.1%
+ 2.0%
Percent of List Price Received* Days on Market Until Sale
130
84
- 35.4%
228
109
- 52.2%
Inventory of Homes for Sale
27
14
- 48.1%
--
--
--
Months Supply of Inventory
8.3
5.1
- 38.6%
--
--
--
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Sandstone —
$2,500,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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
$350,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Singletree Quarter 3
Single Family
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
14
18
+ 28.6%
Sold Listings
16
16
0.0%
Median Sales Price*
$710,000
$772,500
Average Sales Price*
$756,906
$816,875
94.3%
95.1%
Days on Market Until Sale
76
Inventory of Homes for Sale
42
Months Supply of Inventory
12.0
Percent of List Price Received*
Thru Q3-2013
Percent Change from Previous Year
58
68
+ 17.2%
33
35
+ 6.1%
+ 8.8%
$690,000
$760,000
+ 10.1%
+ 7.9%
$753,403
$913,617
+ 21.3%
+ 0.8%
93.5%
94.5%
+ 1.1%
97
+ 27.6%
128
150
+ 17.2%
32
- 23.8%
--
--
--
8.5
- 29.2%
--
--
--
Thru Q3-2012
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
1
3
+ 200.0%
Sold Listings
3
0
- 100.0%
Median Sales Price*
$360,000
$0
- 100.0%
Average Sales Price*
$430,667
$0
91.7%
0.0%
Percent of List Price Received* Days on Market Until Sale
Thru Q3-2013
Percent Change from Previous Year
4
8
+ 100.0%
6
1
- 83.3%
$343,500
$320,000
- 6.8%
- 100.0%
$388,500
$320,000
- 17.6%
- 100.0%
90.9%
83.1%
- 8.6%
Thru Q3-2012
312
0
- 100.0%
229
134
- 41.5%
Inventory of Homes for Sale
3
7
+ 133.3%
--
--
--
Months Supply of Inventory
3.0
7.0
+ 133.3%
--
--
--
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Singletree —
$1,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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
$300,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Vail Village and Lionshead #N/A Quarter 3
Single Family
Year to Date Percent Change from Previous Year
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
Key Metrics
2012
2013
New Listings
0
5
--
7
8
+ 14.3%
Sold Listings
2
2
0.0%
8
5
- 37.5%
Median Sales Price*
$6,065,000
$5,175,000
- 14.7%
$7,550,000
$5,500,000
- 27.2%
Average Sales Price*
$6,065,000
$5,175,000
- 14.7%
$7,991,250
$6,750,000
- 15.5%
83.7%
96.0%
+ 14.7%
83.7%
94.0%
+ 12.3%
Days on Market Until Sale
577
395
- 31.5%
458
255
- 44.3%
Inventory of Homes for Sale
15
13
- 13.3%
--
--
--
Months Supply of Inventory
9.5
9.8
+ 3.2%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date Percent Change from Previous Year
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
- 38.5%
94
85
- 9.6%
+ 18.8%
57
54
- 5.3%
$1,795,000
$1,320,000
- 26.5%
+ 18.9%
$2,118,111
$1,945,343
- 8.2%
- 2.0%
91.4%
92.5%
+ 1.2%
221
- 4.7%
277
239
- 13.7%
156
- 25.7%
--
--
--
23.7
- 35.1%
--
--
--
Key Metrics
2012
2013
New Listings
39
24
Sold Listings
16
19
Median Sales Price*
$1,117,500
$1,130,000
+ 1.1%
Average Sales Price*
$1,744,772
$2,074,712
92.1%
90.3%
Days on Market Until Sale
232
Inventory of Homes for Sale
210
Months Supply of Inventory
36.5
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Vail Village and Lionshead —
$14,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Vail Village and Lionshead —
$4,000,000
$12,000,000 $3,000,000
$10,000,000 $8,000,000
$2,000,000 $6,000,000 $4,000,000
$1,000,000
$2,000,000 $0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
West Vail Quarter 3
Single Family
Year to Date Percent Change from Previous Year
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
Key Metrics
2012
2013
New Listings
8
8
0.0%
19
27
+ 42.1%
Sold Listings
4
5
+ 25.0%
7
8
+ 14.3%
Median Sales Price*
$905,000
$820,000
- 9.4%
$935,000
$1,120,000
+ 19.8%
Average Sales Price*
$965,000
$931,000
- 3.5%
$960,000
$1,118,750
+ 16.5%
89.2%
91.8%
+ 2.9%
90.3%
92.6%
+ 2.5%
Days on Market Until Sale
442
191
- 56.8%
313
239
- 23.6%
Inventory of Homes for Sale
18
14
- 22.2%
--
--
--
Months Supply of Inventory
9.0
8.4
- 6.7%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Percent Change from Previous Year
Key Metrics
2012
New Listings
10
6
- 40.0%
30
27
- 10.0%
Sold Listings
9
8
- 11.1%
23
17
- 26.1%
Median Sales Price*
$288,000
$587,500
+ 104.0%
$367,000
$525,000
+ 43.1%
Average Sales Price*
$320,722
$577,750
+ 80.1%
$368,783
$467,588
+ 26.8%
95.0%
95.2%
+ 0.2%
93.6%
95.0%
+ 1.5%
Days on Market Until Sale
92
178
+ 93.5%
160
150
- 6.3%
Inventory of Homes for Sale
20
10
- 50.0%
--
--
--
Months Supply of Inventory
8.0
3.8
- 52.5%
--
--
--
Percent of List Price Received*
2013
Year to Date Percent Change from Previous Year
Thru Q3-2012
Thru Q3-2013
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — West Vail —
$1,600,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — West Vail —
$600,000
$1,400,000 $500,000 $1,200,000
$1,000,000
$400,000
$800,000 $300,000 $600,000
$400,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
$200,000 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Wildridge/Wildwood Quarter 3
Single Family
Year to Date Percent Change from Previous Year
Percent Change from Previous Year
Key Metrics
2012
2013
New Listings
10
16
+ 60.0%
29
28
- 3.4%
Sold Listings
5
9
+ 80.0%
21
18
- 14.3%
Median Sales Price*
$480,000
$665,000
+ 38.5%
$655,000
$647,500
- 1.1%
Average Sales Price*
$657,500
$734,056
+ 11.6%
$692,310
$737,583
+ 6.5%
90.4%
95.5%
+ 5.6%
85.9%
95.7%
+ 11.4%
Days on Market Until Sale
274
111
- 59.5%
217
130
- 40.1%
Inventory of Homes for Sale
26
20
- 23.1%
--
--
--
Months Supply of Inventory
12.5
8.0
- 36.0%
--
--
--
Percent of List Price Received*
Thru Q3-2012
Thru Q3-2013
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
4
12
+ 200.0%
13
20
+ 53.8%
Sold Listings
3
5
+ 66.7%
9
11
+ 22.2%
Median Sales Price*
$465,000
$380,000
- 18.3%
$310,000
$390,000
+ 25.8%
Average Sales Price*
$380,667
$514,450
+ 35.1%
$337,944
$449,477
+ 33.0%
93.0%
93.4%
+ 0.4%
95.6%
95.8%
+ 0.2%
Days on Market Until Sale
325
75
- 76.9%
207
68
- 67.1%
Inventory of Homes for Sale
10
8
- 20.0%
--
--
--
Months Supply of Inventory
9.0
4.9
- 45.6%
--
--
--
Percent of List Price Received*
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Wildridge/Wildwood —
$1,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Wildridge/Wildwood —
$600,000
$500,000
$900,000
$400,000 $800,000 $300,000 $700,000 $200,000 $600,000
$500,000 Q1-2009
$100,000
Q1-2010
Q1-2011
Q1-2012
Q1-2013
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.
Local Market Update for Quarter 3-2013 A Research Tool Provided by the Colorado Association of REALTORS®
Wolcott Quarter 3
Single Family
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
3
0
- 100.0%
10
7
- 30.0%
Sold Listings
2
2
0.0%
6
4
- 33.3%
Median Sales Price*
$1,319,750
$1,322,500
+ 0.2%
$685,000
$1,024,500
+ 49.6%
Average Sales Price*
$1,319,750
$1,322,500
+ 0.2%
$1,025,750
$1,112,875
+ 8.5%
90.3%
91.6%
+ 1.4%
95.8%
92.7%
- 3.2%
Days on Market Until Sale
147
466
+ 217.0%
202
318
+ 57.4%
Inventory of Homes for Sale
16
8
- 50.0%
--
--
--
Months Supply of Inventory
14.2
4.4
- 69.0%
--
--
--
Percent of List Price Received*
Thru Q3-2012
Thru Q3-2013
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Quarter 3
Townhouse-Condo
Year to Date
Key Metrics
2012
2013
Percent Change from Previous Year
New Listings
0
0
--
Sold Listings
0
0
--
Median Sales Price*
$0
$0
--
Average Sales Price*
$0
$0
0.0%
0.0%
Days on Market Until Sale
0
0
--
Inventory of Homes for Sale
0
0
--
Months Supply of Inventory
0.0
0.0
--
--
Percent of List Price Received*
Thru Q3-2013
Percent Change from Previous Year
0
0
--
0
0
--
$0
$0
--
--
$0
$0
--
--
0.0%
0.0%
--
0
0
--
--
--
--
--
--
Thru Q3-2012
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Wolcott —
$3,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Wolcott —
$600,000
$500,000
$2,500,000
$400,000 $2,000,000 $300,000 $1,500,000 $200,000 $1,000,000
$500,000 Q1-2009
$100,000
Q1-2010
Q1-2011
Q1-2012
Q1-2013
$0 Q1-2009
Q1-2010
Q1-2011
Q1-2012
Q1-2013
Current as of October 11, 2013. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.