Market Report 2013 Year End

Vail Valley / Eagle County

Mar ke t Re p or t 2 0 1 3 Ye ar En d

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Monthly Indicators December 2013 Overall 2013 proved to be a good year for housing. Home sales and prices were better than the previous year in Colorado and across much of the nation.

Foreclosures in Colorado continued to decline, along with the number of homes for sale and the number of days it took to sell a home were also lower. Multipleoffer situations became commonplace again and prices in many areas rallied to multi-year highs. This, of course, varied by location and market segment, but the proverbial glass appeared to be more than half full throughout the year.

New Listings were down 37.7 percent for single family/duplex homes and 1.5 percent for townhouse-condo properties. Pending Sales decreased 13.3 percent for single family/duplex homes and 13.9 percent for townhouse-condo properties.

The Median Sales Price was down 7.2 percent to $589,000 for single family/duplex homes and 6.5 percent to $425,300 for townhouse-condo properties. Months Supply of Inventory decreased 10.8 percent for single family/duplex units and 17.2 percent for townhouse-condo units.

Housing is fortified by confident consumers and good jobs. 2013 was marked by a slowly improving labor market and a stock market up nearly 30 percent from this time last year. Interest rates remain low (but moving up and prices are still affordable). It's no wonder that buyers were active in 2013. Here's to more of the same in 2014.

Monthly Snapshot - 21.7%

- 19.9%

- 0.9%

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 Glossary of Terms

2 3 4 5 6 7 8 9 10 11 12 13 14 15

Click on desired metric to jump to that page.

Current as of January 10, 2014. 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 12-2010

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

53

33

- 37.7%

862

873

+ 1.3%

30

26

- 13.3%

601

552

- 8.2%

57

44

- 22.8%

589

555

- 5.8%

$635,000

$589,000

- 7.2%

$545,000

$597,000

+ 9.5%

$1,075,356 $1,268,154 12-2011

12-2012

Days on Market

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

94.9%

+ 1.5%

93.6%

95.4%

+ 1.9%

199

138

- 30.7%

179

161

- 10.1%

67

64

- 4.5%

77

63

- 18.2%

502

423

- 15.7%

--

--

--

10.2

9.1

- 10.8%

--

--

--

12-2013

Months Supply 12-2010

93.5%

12-2013

Active Listings 12-2010

- 6.8%

12-2013

Affordability Index 12-2010

$1,141,029 $1,063,860

12-2013

` 12-2010

+ 17.9%

12-2013

Pct. of List Price Received 12-2010

Percent Change

12-2013

Average Sales Price 12-2010

YTD 2012 YTD 2013

12-2013

Median Sales Price 12-2010

Percent Change

12-2013

Closed Sales 12-2010

12-2013

12-2013

Pending Sales 12-2010

12-2012

12-2013

Current as of January 10, 2014. 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 12-2010

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

- 5.8%

36

31

- 13.9%

591

555

- 6.1%

49

39

- 20.4%

592

550

- 7.1%

$455,000

$425,300

- 6.5%

$368,000

$422,250

+ 14.7%

$977,653

$878,973

- 10.1%

$799,205

$801,938

+ 0.3%

96.1%

95.9%

- 0.2%

94.1%

94.8%

+ 0.7%

233

277

+ 18.9%

213

213

0.0%

91

87

- 4.4%

110

87

- 20.9%

603

462

- 23.4%

--

--

--

12.2

10.1

- 17.2%

--

--

--

12-2013

Months Supply 12-2010

798

12-2013

Active Listings 12-2010

847

12-2013

Affordability Index 12-2010

- 1.5%

12-2013

Days on Market 12-2010

66

12-2013

Pct. of List Price Received 12-2010

67

Percent Change

12-2013

Average Sales Price 12-2010

YTD 2012 YTD 2013

12-2013

Median Sales Price 12-2010

Percent Change

12-2013

Closed Sales 12-2010

12-2013

12-2013

Pending Sales 12-2010

12-2012

12-2013

Current as of January 10, 2014. 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 93

901

873

862

886

847

798

75 67

66

53

33

2011

2012

+ 13.6% - 29.3%

2013

2011

2012

2013

2011

2012

2013

2011

2012

2013

- 37.7%

- 51.3%

- 28.0%

- 1.5%

- 3.9%

- 4.3%

+ 1.3%

- 15.4%

- 4.4%

- 5.8%

Single Family/Duplex

Townhouse-Condo

Single Family/Duplex

New Listings

Single Family/Duplex

Year-Over-Year Change

TownhouseCondo

Year-Over-Year Change

Jan-2013 Feb-2013

53

-26.4%

55

-29.5%

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%

Nov-2013

40

-24.5%

49

-21.0%

Dec-2013

33

-37.7%

66

-1.5%

12-Month Avg

73

+1.3%

67

-5.8%

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

Current as of January 10, 2014. 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 36 30

2011

601

29

2012

- 10.7% + 20.0%

591

552

31

555

482

26

25

Pending Sales

418

2013

2011

2012

2013

2011

2012

2013

2011

2012

2013

- 13.3%

- 42.0%

+ 24.1%

- 13.9%

+ 10.0%

+ 43.8%

- 8.2%

+ 2.8%

+ 22.6%

- 6.1%

Single Family/Duplex

Townhouse-Condo

Single Family/Duplex

Single Family/Duplex

Year-Over-Year Change

TownhouseCondo

Year-Over-Year Change

Jan-2013

42

+2.4%

41

-18.0%

Feb-2013

41

+20.6%

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%

35

-10.3%

Jul-2013

49

-21.0%

67

0.0%

Aug-2013

69

-10.4%

64

-5.9%

Sep-2013

53

-10.2%

66

+37.5%

Oct-2013

37

-42.2%

46

-22.0%

Nov-2013

42

+7.7%

31

-8.8%

Dec-2013

26

-13.3%

31

-13.9%

12-Month Avg

46

-8.2%

46

-6.1%

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 January 10, 2014. 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 57

44

589

49

47

39

592

555

550

484 408

29

2011

2012

2013

2011

2012

2013

2011

2012

2013

2011

2012

2013

- 3.3%

+ 96.6%

- 22.8%

+ 27.0%

+ 4.3%

- 20.4%

+ 10.6%

+ 44.4%

- 5.8%

- 0.4%

+ 22.3%

- 7.1%

Single Family/Duplex

Townhouse-Condo

Single Family/Duplex

Closed Sales

Single Family/Duplex

Year-Over-Year Change

TownhouseCondo

Jan-2013 Feb-2013

Year-Over-Year Change

23

-14.8%

31

-6.1%

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

57

-16.2%

72

-1.4%

Nov-2013

42

-31.1%

41

-12.8%

Dec-2013

44

-22.8%

39

-20.4%

12-Month Avg

46

-5.8%

46

-7.1%

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

Current as of January 10, 2014. 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

Median Sales Price

$755,000 $597,000 $550,000 $545,000

$635,000 $589,000

$424,000 $424,000

$455,000

$368,000

$425,300

2011

2012

2013

2011

2012

2013

2011

2012

2013

2011

- 2.4%

- 15.9%

- 7.2%

+ 17.8%

+ 7.3%

- 6.5%

- 29.0%

- 0.9%

+ 9.5%

- 27.5%

Single Family/Duplex

Townhouse-Condo

$422,250

Single Family/Duplex

2012

2013

- 13.2% + 14.7%

Townhouse-Condo

Single Family/Duplex

Year-Over-Year Change

TownhouseCondo

Year-Over-Year Change

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%

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%

Nov-2013

$722,000

+31.3%

$435,000

+22.5%

Dec-2013

$589,000

-7.2%

$425,300

-6.5%

12-Month Avg*

$597,000

+9.5%

$422,250

+14.7%

* Median Sales Price for all properties from January 2013 through December 2013. This is not the average of the individual figures above.

Historical Median Sales Price by Month

Single Family/Duplex

Townhouse-Condo

$2,000,000 $1,750,000 $1,500,000 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 1-2009

1-2010

1-2011

1-2012

1-2013

Current as of January 10, 2014. 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

Average Sales Price

$1,133,374$1,141,029 $1,063,860

$1,554,462

$896,007 $1,268,154

$799,205 $801,938

$1,075,356 $977,653 $878,973 $778,324

2011

2012

2013

2011

2012

2013

2011

2012

2013

2011

2012

2013

- 0.0%

- 30.8%

+ 17.9%

- 30.5%

+ 25.6%

- 10.1%

- 19.7%

+ 0.7%

- 6.8%

- 28.1%

- 10.8%

+ 0.3%

Single Family/Duplex

Townhouse-Condo

Single Family/Duplex

Townhouse-Condo

Single Family/Duplex

Year-Over-Year Change

TownhouseCondo

Year-Over-Year Change

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

$1,346,206

+56.0%

$722,328

-10.7%

Nov-2013

$1,406,825

+15.0%

$1,039,795

+34.2%

Dec-2013

$1,268,154

+17.9%

$878,973

-10.1%

12-Month Avg*

$1,063,860

-6.8%

$801,938

+0.3%

* Average Sales Price for all properties from January 2013 through December 2013. This is not the average of the individual figures above.

Historical Average Sales Price by Month

Single Family/Duplex

Townhouse-Condo

$3,000,000

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000 1-2009

1-2010

1-2011

1-2012

1-2013

Current as of January 10, 2014. 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 94.9% 90.8% 93.5%

90.6%

96.1% 95.9%

Pct. of List Price Received

92.5% 93.6% 95.4%

92.5% 94.1% 94.8%

2011

2012

2013

2011

2012

2013

2011

2012

2013

2011

2012

2013

+ 1.3%

+ 3.0%

+ 1.5%

- 0.1%

+ 6.1%

- 0.2%

+ 2.2%

+ 1.2%

+ 1.9%

+ 7.1%

+ 1.7%

+ 0.7%

Single Family/Duplex

Townhouse-Condo

Single Family/Duplex

Townhouse-Condo

Single Family/Duplex

Year-Over-Year Change

TownhouseCondo

Year-Over-Year Change

Jan-2013

96.5%

Feb-2013

93.5%

+1.9%

95.6%

+2.9%

-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

95.5%

+1.8%

94.1%

+0.2%

Nov-2013

95.6%

+2.1%

95.2%

+0.7%

Dec-2013

94.9%

+1.5%

95.9%

-0.2%

12-Month Avg*

95.4%

+1.9%

94.8%

+0.8%

* Pct. of List Price Received for all properties from January 2013 through December 2013. 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

Current as of January 10, 2014. 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 277

228 213

233

231

222

230

Days on Market

213

179

199

161

138

2011

2012

2013

2011

2012

2013

2011

2012

2013

2011

2012

2013

+ 7.2%

- 10.4%

- 30.7%

+ 22.2%

+ 0.9%

+ 18.9%

- 1.7%

- 22.2%

- 10.1%

- 18.6%

- 6.6%

0.0%

Single Family/Duplex

Townhouse-Condo

Single Family/Duplex

Townhouse-Condo

Historical Days on Market Until Sale by Month

Single Family/Duplex

Year-Over-Year Change

TownhouseCondo

Year-Over-Year Change

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

140

-15.2%

203

-3.8%

Nov-2013

173

+9.5%

218

+7.9%

Dec-2013

138

-30.7%

277

+18.9%

12-Month Avg*

179

-9.7%

213

+0.1%

* Days on Market for all properties from January 2013 through December 2013. This is not the average of the individual figures above.

Single Family/Duplex

Townhouse-Condo

500

400

300

200

100

0 1-2009

1-2010

1-2011

1-2012

1-2013

Current as of January 10, 2014. 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 89

91

110

87 89

67

64 70

2011

2012

2013

2011

2012

2013

2011

+ 10.6%

+ 28.8%

- 4.5%

- 6.3%

+ 2.2%

- 4.4%

+ 48.9%

Single Family/Duplex

Townhouse-Condo

87

77 63

52

2012

+ 10.0%

Single Family/Duplex

Year-Over-Year Change

TownhouseCondo

Year-Over-Year Change

Jan-2013

126

Feb-2013

56

+90.9%

101

+55.4%

-23.3%

101

+2.0%

Mar-2013

66

+3.1%

78

-31.0%

Apr-2013

72

-20.0%

61

-38.4%

May-2013

68

-9.3%

114

+21.3%

Jun-2013

79

-3.7%

112

-6.7%

Jul-2013

69

-5.5%

87

-28.7%

Aug-2013

79

-18.6%

80

-25.9%

Sep-2013

49

-25.8%

88

-19.3%

Oct-2013

53

-32.9%

82

-28.7%

Nov-2013

56

-25.3%

89

-20.5%

Dec-2013

64

-4.5%

87

-4.4%

12-Month Avg*

70

-15.3%

76

-16.3%

Affordability Index

2013

- 18.2%

Single Family/Duplex

2011

+ 45.9%

2012

+ 23.6%

2013

- 20.9%

Townhouse-Condo

Historical Housing Affordability Index by Month

* Affordability Index for all properties from January 2013 through December 2013. This is not the average of the individual figures above.

Single Family/Duplex

Townhouse-Condo

140 120 100 80 60 40 20 0 1-2009

1-2010

1-2011

1-2012

1-2013

Current as of January 10, 2014. 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 774 646

603 502

462

423

2011 - 10.0%

Single Family/Duplex

Year-Over-Year Change

TownhouseCondo

Year-Over-Year Change

Jan-2013

478

-24.6%

579

-24.5%

Feb-2013

486

-23.7%

581

-26.2%

Mar-2013

461

-29.9%

576

-24.2%

Apr-2013

452

-26.7%

533

-23.7%

May-2013

468

-27.6%

529

-25.2%

Jun-2013

539

-21.5%

585

-20.1%

Jul-2013

590

-15.0%

600

-15.6%

Aug-2013

564

-16.4%

588

-14.7%

Sep-2013

525

-15.7%

531

-20.2%

Oct-2013

511

-7.8%

490

-21.9%

Nov-2013

468

-12.8%

479

-23.7%

Dec-2013

423

-15.7%

462

-23.4%

12-Month Avg

497

-20.1%

544

-22.0%

Active Listings

2012 - 22.3%

2013 - 15.7%

2011

2012 - 22.1%

- 9.2%

Single Family/Duplex

2013 - 23.4%

Townhouse-Condo

Historical Inventory of Active Listings by Month

Single Family/Duplex

Townhouse-Condo

1,100 1,000 900 800 700 600 500 400 1-2009

1-2010

1-2011

1-2012

1-2013

Current as of January 10, 2014. 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

TownhouseCondo

Year-Over-Year Change

Jan-2013

9.8

-47.0%

11.8

-37.2%

Feb-2013

9.9

-45.6%

11.9

-40.5%

Mar-2013

9.3

-50.3%

12.0

-39.1%

Apr-2013

8.8

-50.3%

11.4

-34.5%

May-2013

9.3

-45.9%

11.0

-38.5%

Jun-2013

10.7

-39.2%

12.2

-31.8%

Jul-2013

11.5

-34.3%

12.5

-26.0%

Aug-2013

11.0

-31.7%

12.3

-21.7%

Sep-2013

10.5

-26.1%

11.2

-22.2%

Oct-2013

10.4

-14.8%

10.4

-18.8%

Nov-2013

9.9

-13.9%

10.3

-19.5%

9.1

-10.8%

10.1

-17.2%

10.0

-36.6%

11.4

-30.3%

Months Supply

19.2

19.0

12.2

10.2

10.1

9.1

Dec-2013 2011 - 18.5%

2012 - 46.3%

2013 - 10.8%

2012 - 36.5%

2011 - 8.6%

Single Family/Duplex

2013 - 17.2%

12-Month Avg

Townhouse-Condo

* Months Supply for all properties from January 2013 through December 2013. 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

Current as of January 10, 2014. 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 12-2010

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

120

99

- 17.5%

1,709

1,671

- 2.2%

66

57

- 13.6%

1,192

1,107

- 7.1%

106

83

- 21.7%

1,181

1,105

- 6.4%

$555,000

$550,000

- 0.9%

$426,000

$525,000

+ 23.2%

+ 5.3%

$969,683

$933,373

- 3.7%

$1,030,192 $1,085,286 12-2011

12-2012

12-2013

Pct. of List Price Received 12-2010

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

12-2011

12-2012

93.8%

95.1%

+ 1.4%

215

203

- 5.6%

196

187

- 4.6%

76

68

- 9.4%

96

72

- 25.8%

1,105

885

- 19.9%

--

--

--

11.2

9.6

- 14.3%

--

--

--

12-2013

Months Supply 12-2010

+ 0.7%

12-2013

Active Listings 12-2010

95.4%

12-2013

Affordability Index 12-2010

94.7% 12-2013

Days on Market 12-2010

Percent Change

12-2013

Average Sales Price 12-2010

YTD 2012 YTD 2013

12-2013

Median Sales Price 12-2010

Percent Change

12-2013

Closed Sales 12-2010

12-2013

12-2013

Pending Sales 12-2010

12-2012

12-2013

Current as of January 10, 2014. 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 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Arrowhead Quarter 4

Single Family

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

9

6

- 33.3%

42

42

0.0%

Sold Listings

9

9

0.0%

32

29

- 9.4%

Median Sales Price*

$1,465,000

$1,792,464

+ 22.4%

$1,962,500

$1,780,000

- 9.3%

Average Sales Price*

$1,745,212

$2,096,357

+ 20.1%

$2,447,231

$1,957,335

- 20.0%

91.4%

92.8%

+ 1.5%

90.8%

91.7%

+ 1.0%

Days on Market Until Sale

309

148

- 52.1%

336

254

- 24.4%

Inventory of Homes for Sale

33

24

- 27.3%

--

--

--

Months Supply of Inventory

11.3

9.9

- 12.4%

--

--

--

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 4

Townhouse-Condo

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

9

6

- 33.3%

31

37

+ 19.4%

Sold Listings

6

4

- 33.3%

15

19

+ 26.7%

Median Sales Price*

$617,500

$731,250

+ 18.4%

$620,000

$600,000

- 3.2%

Average Sales Price*

$756,167

$856,875

+ 13.3%

$869,300

$932,279

+ 7.2%

92.1%

95.9%

+ 4.1%

90.4%

91.8%

+ 1.5%

Days on Market Until Sale

262

227

- 13.4%

473

256

- 45.9%

Inventory of Homes for Sale

28

24

- 14.3%

--

--

--

Months Supply of Inventory

14.9

13.9

- 6.7%

--

--

--

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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Beaver Creek/Bachelor Gulch Quarter 4

Single Family

Thru Q3-2012

Thru Q3-2013

Percent Change from Previous Year

- 33.3%

48

32

- 33.3%

+ 14.3%

27

23

- 14.8%

- 9.6%

$4,300,000

$4,600,000

+ 7.0%

- 11.8%

$5,146,056

$4,913,261

- 4.5%

+ 2.0%

93.2%

92.6%

- 0.6%

261

- 10.9%

249

399

+ 60.2%

41

- 14.6%

--

--

--

16.0

- 24.9%

--

--

--

Key Metrics

2012

2013

New Listings

9

6

Sold Listings

7

8

Median Sales Price*

$6,275,000

$5,675,000

Average Sales Price*

$6,177,857

$5,448,750

89.9%

91.7%

Days on Market Until Sale

293

Inventory of Homes for Sale

48

Months Supply of Inventory

21.3

Percent of List Price Received*

Year to Date 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 4

Townhouse-Condo

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

Thru Q3-2012

Thru Q3-2013

Percent Change from Previous Year

New Listings

40

44

+ 10.0%

150

127

- 15.3%

Sold Listings

21

21

0.0%

81

78

- 3.7%

Median Sales Price*

$1,090,000

$930,000

- 14.7%

$1,100,000

$1,212,500

+ 10.2%

Average Sales Price*

$1,825,847

$1,173,776

- 35.7%

$1,735,219

$1,375,453

- 20.7%

91.2%

93.2%

+ 2.2%

91.8%

93.3%

+ 1.6%

Days on Market Until Sale

357

384

+ 7.6%

287

337

+ 17.4%

Inventory of Homes for Sale

141

118

- 16.3%

--

--

--

Months Supply of Inventory

20.9

18.2

- 12.9%

--

--

--

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

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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Cordillera Quarter 4

Single Family

Thru Q3-2012

Thru Q3-2013

Percent Change from Previous Year

Key Metrics

2012

New Listings

6

7

+ 16.7%

67

93

+ 38.8%

Sold Listings

6

12

+ 100.0%

25

45

+ 80.0%

Median Sales Price*

$1,350,000

$1,692,500

+ 25.4%

$1,280,000

$1,285,000

+ 0.4%

Average Sales Price*

$1,438,708

$1,888,000

+ 31.2%

$1,524,270

$1,523,955

- 0.0%

90.6%

92.6%

+ 2.2%

90.4%

90.5%

+ 0.1%

Days on Market Until Sale

104

229

+ 120.2%

302

287

- 5.0%

Inventory of Homes for Sale

64

61

- 4.7%

--

--

--

Months Supply of Inventory

25.6

16.3

- 36.3%

--

--

--

Percent of List Price Received*

2013

Year to Date 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 4

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

--

0

0

--

Inventory of Homes for Sale

1

0

- 100.0%

--

--

--

Months Supply of Inventory

0.0

0.0

--

--

--

--

Percent of List Price Received*

Thru Q3-2013

Percent Change from Previous Year

0

1

--

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 — Cordillera —

Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation

$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

$0 Q1-2009

Q1-2010

Q1-2011

Q1-2012

Entire MLS — Cordillera —

Q1-2013

Current as of January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Dotsero/Sweetwater Quarter 4

Single Family

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

1

5

+ 400.0%

20

25

+ 25.0%

Sold Listings

3

1

- 66.7%

14

17

+ 21.4%

Median Sales Price*

$138,000

$157,900

+ 14.4%

$129,000

$157,000

+ 21.7%

Average Sales Price*

$132,500

$157,900

+ 19.2%

$131,704

$170,059

+ 29.1%

95.4%

100.0%

+ 4.8%

98.2%

97.5%

- 0.7%

Days on Market Until Sale

31

22

- 29.0%

78

197

+ 152.6%

Inventory of Homes for Sale

12

12

0.0%

--

--

--

Months Supply of Inventory

7.7

7.1

- 7.8%

--

--

--

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 4

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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Eagle Quarter 4

Single Family

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

23

10

- 56.5%

90

65

- 27.8%

Sold Listings

25

9

- 64.0%

67

54

- 19.4%

Median Sales Price*

$335,000

$417,000

+ 24.5%

$307,000

$351,625

+ 14.5%

Average Sales Price*

$448,718

$413,417

- 7.9%

$365,442

$400,660

+ 9.6%

96.8%

98.1%

+ 1.3%

96.5%

97.3%

+ 0.8%

Days on Market Until Sale

90

39

- 56.7%

95

62

- 34.7%

Inventory of Homes for Sale

23

14

- 39.1%

--

--

--

Months Supply of Inventory

4.1

3.1

- 24.4%

--

--

--

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 4

Townhouse-Condo

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

3

2

- 33.3%

43

27

- 37.2%

Sold Listings

8

2

- 75.0%

34

19

- 44.1%

Median Sales Price*

$208,200

$252,500

+ 21.3%

$165,500

$197,500

+ 19.3%

Average Sales Price*

$217,363

$252,500

+ 16.2%

$167,285

$235,233

+ 40.6%

100.6%

100.0%

- 0.6%

97.4%

97.7%

+ 0.3%

Days on Market Until Sale

34

55

+ 61.8%

63

67

+ 6.3%

Inventory of Homes for Sale

8

9

+ 12.5%

--

--

--

Months Supply of Inventory

2.8

4.3

+ 53.6%

--

--

--

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 — 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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Eagle Ranch Quarter 4

Single Family 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

15

+ 87.5%

68

74

+ 8.8%

Sold Listings

17

17

0.0%

54

54

0.0%

Median Sales Price*

$575,000

$555,000

- 3.5%

$550,000

$557,500

+ 1.4%

Average Sales Price*

$593,741

$584,118

- 1.6%

$539,933

$604,400

+ 11.9%

93.7%

96.4%

+ 2.9%

94.6%

96.3%

+ 1.8%

Days on Market Until Sale

152

128

- 15.8%

158

138

- 12.7%

Inventory of Homes for Sale

28

27

- 3.6%

--

--

--

Months Supply of Inventory

6.2

6.0

- 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 4

Townhouse-Condo

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

5

6

+ 20.0%

12

19

+ 58.3%

Sold Listings

2

2

0.0%

13

13

0.0%

Median Sales Price*

$190,000

$240,750

+ 26.7%

$205,000

$235,000

+ 14.6%

Average Sales Price*

$190,000

$240,750

+ 26.7%

$206,654

$224,862

+ 8.8%

95.1%

94.8%

- 0.3%

97.0%

95.3%

- 1.8%

Percent of List Price Received* Days on Market Until Sale

Thru Q3-2012

Thru Q3-2013

Percent Change from Previous Year

141

28

- 80.1%

167

54

- 67.7%

Inventory of Homes for Sale

5

8

+ 60.0%

--

--

--

Months Supply of Inventory

2.7

4.9

+ 81.5%

--

--

--

* 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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Eagle-Vail & Avon Quarter 4

Single Family

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

10

3

- 70.0%

52

45

- 13.5%

Sold Listings

15

9

- 40.0%

38

30

- 21.1%

Median Sales Price*

$485,000

$560,000

+ 15.5%

$440,000

$560,000

+ 27.3%

Average Sales Price*

$593,233

$570,722

- 3.8%

$511,162

$571,133

+ 11.7%

95.5%

96.3%

+ 0.8%

95.3%

96.8%

+ 1.6%

Days on Market Until Sale

171

107

- 37.4%

121

108

- 10.7%

Inventory of Homes for Sale

19

8

- 57.9%

--

--

--

Months Supply of Inventory

6.0

2.7

- 55.0%

--

--

--

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 4

Townhouse-Condo

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

37

32

- 13.5%

183

176

- 3.8%

Sold Listings

39

31

- 20.5%

128

128

0.0%

Median Sales Price*

$265,000

$319,000

+ 20.4%

$249,000

$290,625

+ 16.7%

Average Sales Price*

$282,351

$343,665

+ 21.7%

$287,064

$357,615

+ 24.6%

96.7%

96.6%

- 0.1%

95.4%

95.7%

+ 0.3%

Days on Market Until Sale

135

156

+ 15.6%

152

184

+ 21.1%

Inventory of Homes for Sale

95

72

- 24.2%

--

--

--

Months Supply of Inventory

8.9

6.8

- 23.6%

--

--

--

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 — 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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

East Vail Quarter 4

Single Family

Percent Change from Previous Year

Key Metrics

2012

New Listings

14

8

- 42.9%

53

45

- 15.1%

Sold Listings

9

8

- 11.1%

24

19

- 20.8%

Median Sales Price*

$1,300,000

$1,918,250

+ 47.6%

$1,900,000

$1,700,000

- 10.5%

Average Sales Price*

$1,603,379

$1,744,563

+ 8.8%

$2,036,788

$1,633,079

- 19.8%

87.3%

93.2%

+ 6.8%

88.0%

93.9%

+ 6.7%

Days on Market Until Sale

255

115

- 54.9%

382

129

- 66.2%

Inventory of Homes for Sale

43

36

- 16.3%

--

--

--

Months Supply of Inventory

21.5

17.1

- 20.5%

--

--

--

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.

Quarter 4

Townhouse-Condo

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%

75

88

+ 17.3%

Sold Listings

21

22

+ 4.8%

60

70

+ 16.7%

Median Sales Price*

$395,000

$384,000

- 2.8%

$397,500

$413,500

+ 4.0%

Average Sales Price*

$490,348

$456,686

- 6.9%

$483,227

$510,382

+ 5.6%

93.8%

95.7%

+ 2.0%

93.8%

95.3%

+ 1.6%

Percent of List Price Received*

Thru Q3-2013

Days on Market Until Sale

299

90

- 69.9%

229

122

- 46.7%

Inventory of Homes for Sale

33

23

- 30.3%

--

--

--

Months Supply of Inventory

6.6

3.9

- 40.9%

--

--

--

* 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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Edwards Quarter 4

Single Family 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

4

8

+ 100.0%

63

76

+ 20.6%

Sold Listings

14

10

- 28.6%

32

41

+ 28.1%

Median Sales Price*

$616,250

$832,700

+ 35.1%

$643,750

$715,000

+ 11.1%

Average Sales Price*

$1,121,250

$1,048,040

- 6.5%

$919,356

$1,030,251

+ 12.1%

92.3%

94.4%

+ 2.3%

92.2%

93.1%

+ 1.0%

Days on Market Until Sale

145

310

+ 113.8%

160

230

+ 43.8%

Inventory of Homes for Sale

45

36

- 20.0%

--

--

--

Months Supply of Inventory

15.5

9.7

- 37.4%

--

--

--

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 4

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

5

14

+ 180.0%

65

75

+ 15.4%

Sold Listings

16

18

+ 12.5%

52

51

- 1.9%

Median Sales Price*

$298,500

$310,500

+ 4.0%

$255,750

$340,000

+ 32.9%

Average Sales Price*

$295,797

$316,133

+ 6.9%

$280,189

$361,231

+ 28.9%

94.4%

96.5%

+ 2.2%

95.2%

96.4%

+ 1.3%

Days on Market Until Sale

135

331

+ 145.2%

88

182

+ 106.8%

Inventory of Homes for Sale

23

14

- 39.1%

--

--

--

Months Supply of Inventory

5.3

3.3

- 37.7%

--

--

--

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.

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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Gypsum Quarter 4

Single Family

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

23

18

- 21.7%

114

114

0.0%

Sold Listings

27

21

- 22.2%

105

93

- 11.4%

Median Sales Price*

$239,900

$315,900

+ 31.7%

$249,000

$268,000

+ 7.6%

Average Sales Price*

$259,095

$341,506

+ 31.8%

$267,620

$295,584

+ 10.4%

97.6%

98.6%

+ 1.0%

97.7%

100.1%

+ 2.5%

Percent of List Price Received*

Thru Q3-2012

Thru Q3-2013

Percent Change from Previous Year

Days on Market Until Sale

101

49

- 51.5%

94

48

- 48.9%

Inventory of Homes for Sale

26

24

- 7.7%

--

--

--

Months Supply of Inventory

3.0

3.1

+ 3.3%

--

--

--

* 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 4

Townhouse-Condo

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

5

1

- 80.0%

26

9

- 65.4%

Sold Listings

7

2

- 71.4%

29

10

- 65.5%

Median Sales Price*

$108,000

$129,240

+ 19.7%

$100,000

$120,300

+ 20.3%

Average Sales Price*

$111,286

$129,240

+ 16.1%

$102,997

$125,659

+ 22.0%

98.9%

93.8%

- 5.2%

95.9%

100.2%

+ 4.5%

Days on Market Until Sale

45

50

+ 11.1%

48

25

- 47.9%

Inventory of Homes for Sale

2

1

- 50.0%

--

--

--

Months Supply of Inventory

0.8

0.7

- 12.5%

--

--

--

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 — 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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Minturn and Red Cliff #N/A Quarter 4

Single Family

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

4

3

- 25.0%

17

22

+ 29.4%

Sold Listings

2

2

0.0%

5

13

+ 160.0%

Median Sales Price*

$492,500

$782,500

+ 58.9%

$325,000

$415,000

+ 27.7%

Average Sales Price*

$492,500

$782,500

+ 58.9%

$432,000

$531,577

+ 23.1%

81.6%

93.9%

+ 15.1%

86.4%

96.0%

+ 11.1%

Days on Market Until Sale

250

198

- 20.8%

181

123

- 32.0%

Inventory of Homes for Sale

13

15

+ 15.4%

--

--

--

Months Supply of Inventory

10.4

6.9

- 33.7%

--

--

--

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 4

Townhouse-Condo

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

0

0

--

4

4

0.0%

Sold Listings

0

2

--

3

3

0.0%

Median Sales Price*

$0

$455,150

--

$340,000

$425,300

+ 25.1%

Average Sales Price*

$0

$455,150

--

$351,333

$438,433

+ 24.8%

0.0%

95.1%

--

96.9%

95.1%

- 1.9%

Days on Market Until Sale

0

106

--

157

75

- 52.2%

Inventory of Homes for Sale

1

1

0.0%

--

--

--

Months Supply of Inventory

1.0

0.7

- 30.0%

--

--

--

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.

Median Sales Price – Single Family Rolling 12-Month Calculation

Entire MLS — Minturn and Red Cliff —

Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation

Entire MLS — Minturn and Red Cliff —

$1,000,000

$700,000

$900,000

$600,000

$800,000

$500,000

$700,000

$400,000

$600,000

$300,000

$500,000

$200,000

$400,000

$100,000

$300,000 Q1-2009

Q1-2010

Q1-2011

Q1-2012

Q1-2013

$0 Q1-2009

Q1-2010

Q1-2011

Q1-2012

Q1-2013

Current as of January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Mountain Star Quarter 4

Single Family Key Metrics

2012

2013

New Listings

0

1

Sold Listings

2

0

Median Sales Price*

$2,700,000

$0

Average Sales Price*

$2,700,000

$0

87.9%

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

4

+ 300.0%

- 100.0%

4

0

- 100.0%

- 100.0%

$3,825,000

$0

- 100.0%

- 100.0%

$4,012,500

$0

- 100.0%

- 100.0%

82.5%

0.0%

- 100.0%

401

0

- 100.0%

357

0

- 100.0%

Inventory of Homes for Sale

3

5

+ 66.7%

--

--

--

Months Supply of Inventory

2.3

0.0

- 100.0%

--

--

--

* 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 4

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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

NW Eagle County Quarter 4

Single Family

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

1

0

- 100.0%

3

2

- 33.3%

Sold Listings

1

0

- 100.0%

1

3

+ 200.0%

Median Sales Price*

$300,000

$0

- 100.0%

$300,000

$310,000

+ 3.3%

Average Sales Price*

$300,000

$0

- 100.0%

$300,000

$486,667

+ 62.2%

75.9%

0.0%

- 100.0%

75.9%

78.1%

+ 2.9%

Percent of List Price Received* Days on Market Until Sale

Thru Q3-2012

Thru Q3-2013

Percent Change from Previous Year

555

0

- 100.0%

555

170

- 69.4%

Inventory of Homes for Sale

4

3

- 25.0%

--

--

--

Months Supply of Inventory

4.0

2.0

- 50.0%

--

--

--

* 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 4

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 — NW Eagle County —

$1,000,000

Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation

Entire MLS — NW Eagle County —

$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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Sandstone Quarter 4

Single Family

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

1

0

- 100.0%

12

4

- 66.7%

Sold Listings

4

0

- 100.0%

11

2

- 81.8%

Median Sales Price*

$1,171,250

$0

- 100.0%

$950,000

$1,200,000

+ 26.3%

Average Sales Price*

$1,204,250

$0

- 100.0%

$1,198,783

$1,200,000

+ 0.1%

89.6%

0.0%

- 100.0%

92.7%

89.9%

- 3.0%

Percent of List Price Received* Days on Market Until Sale

Thru Q3-2012

Thru Q3-2013

Percent Change from Previous Year

191

0

- 100.0%

165

28

- 83.0%

Inventory of Homes for Sale

5

3

- 40.0%

--

--

--

Months Supply of Inventory

1.4

3.0

+ 114.3%

--

--

--

* 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 4

Townhouse-Condo

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

8

5

- 37.5%

45

42

- 6.7%

Sold Listings

9

5

- 44.4%

35

26

- 25.7%

Median Sales Price*

$375,000

$380,000

+ 1.3%

$430,000

$395,000

- 8.1%

Average Sales Price*

$392,722

$474,400

+ 20.8%

$487,050

$495,180

+ 1.7%

93.8%

94.0%

+ 0.2%

94.1%

95.7%

+ 1.7%

Percent of List Price Received*

Thru Q3-2012

Thru Q3-2013

Percent Change from Previous Year

Days on Market Until Sale

194

41

- 78.9%

242

96

- 60.3%

Inventory of Homes for Sale

19

13

- 31.6%

--

--

--

Months Supply of Inventory

5.4

5.0

- 7.4%

--

--

--

* 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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Singletree Quarter 4

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 4

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 — Singletree —

$1,000,000

Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation

Entire MLS — Singletree —

$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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Town of Vail Quarter 4

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

25

24

- 4.0%

101

100

- 1.0%

Sold Listings

23

17

- 26.1%

60

43

- 28.3%

Median Sales Price*

$1,300,000

$1,865,000

+ 43.5%

$1,442,705

$1,700,000

+ 17.8%

Average Sales Price*

$1,849,561

$2,383,618

+ 28.9%

$2,600,200

$2,388,221

- 8.2%

89.3%

93.8%

+ 5.0%

89.1%

93.6%

+ 5.1%

Days on Market Until Sale

236

172

- 27.1%

314

197

- 37.3%

Inventory of Homes for Sale

79

74

- 6.3%

--

--

--

Months Supply of Inventory

15.8

20.7

+ 31.0%

--

--

--

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 4

Townhouse-Condo

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

Thru Q3-2012

Thru Q3-2013

Percent Change from Previous Year

New Listings

78

51

- 34.6%

300

275

- 8.3%

Sold Listings

64

59

- 7.8%

209

199

- 4.8% + 3.6%

Median Sales Price*

$573,750

$545,000

- 5.0%

$579,000

$600,000

Average Sales Price*

$1,231,622

$1,276,095

+ 3.6%

$1,149,506

$1,127,987

- 1.9%

93.9%

93.7%

- 0.2%

93.2%

94.1%

+ 1.0%

Days on Market Until Sale

284

212

- 25.4%

284

231

- 18.7%

Inventory of Homes for Sale

279

196

- 29.7%

--

--

--

Months Supply of Inventory

16.0

11.8

- 26.3%

--

--

--

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 — Town of Vail —

$2,500,000

Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation

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

$0 Q1-2009

Q1-2010

Q1-2011

Q1-2012

Q1-2013

Current as of January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Vail Village and Lionshead #N/A Quarter 4

Single Family

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

7

5

- 28.6%

14

13

- 7.1%

Sold Listings

3

2

- 33.3%

11

7

- 36.4%

Median Sales Price*

$4,060,000

$7,300,000

+ 79.8%

$7,500,000

$6,200,000

- 17.3%

Average Sales Price*

$5,136,667

$7,300,000

+ 42.1%

$7,212,727

$6,907,143

- 4.2%

88.6%

94.9%

+ 7.1%

85.1%

94.3%

+ 10.8%

Days on Market Until Sale

383

575

+ 50.1%

437

347

- 20.6%

Inventory of Homes for Sale

17

16

- 5.9%

--

--

--

Months Supply of Inventory

10.8

13.7

+ 26.9%

--

--

--

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 4

Townhouse-Condo

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

51

32

- 37.3%

145

117

- 19.3%

Sold Listings

25

24

- 4.0%

82

78

- 4.9%

Median Sales Price*

$1,775,000

$1,420,500

- 20.0%

$1,785,000

$1,353,000

- 24.2%

Average Sales Price*

$2,463,340

$2,464,125

+ 0.0%

$2,223,364

$2,104,968

- 5.3%

92.7%

91.6%

- 1.2%

91.8%

92.2%

+ 0.4%

Days on Market Until Sale

375

391

+ 4.3%

389

402

+ 3.3%

Inventory of Homes for Sale

216

156

- 27.8%

--

--

--

Months Supply of Inventory

31.6

24.0

- 24.1%

--

--

--

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 — 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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

West Vail Quarter 4

Single Family

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

3

11

+ 266.7%

22

38

+ 72.7%

Sold Listings

7

7

0.0%

14

15

+ 7.1%

Median Sales Price*

$865,000

$1,820,000

+ 110.4%

$905,000

$1,200,000

+ 32.6%

Average Sales Price*

$1,126,071

$1,709,286

+ 51.8%

$1,043,036

$1,394,333

+ 33.7%

92.1%

94.3%

+ 2.4%

91.2%

93.4%

+ 2.4%

Days on Market Until Sale

173

121

- 30.1%

216

236

+ 9.3%

Inventory of Homes for Sale

14

19

+ 35.7%

--

--

--

Months Supply of Inventory

6.0

11.4

+ 90.0%

--

--

--

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 4

Townhouse-Condo

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

5

1

- 80.0%

35

28

- 20.0%

Sold Listings

9

8

- 11.1%

32

25

- 21.9%

Median Sales Price*

$350,000

$464,000

+ 32.6%

$358,500

$480,000

+ 33.9%

Average Sales Price*

$378,722

$466,438

+ 23.2%

$371,578

$467,220

+ 25.7%

97.5%

94.5%

- 3.1%

94.7%

94.8%

+ 0.1%

Days on Market Until Sale

87

116

+ 33.3%

167

139

- 16.8%

Inventory of Homes for Sale

11

4

- 63.6%

--

--

--

Months Supply of Inventory

4.1

1.6

- 61.0%

--

--

--

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.

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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Wildridge/Wildwood Quarter 4

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

6

0.0%

35

34

- 2.9%

Sold Listings

7

2

- 71.4%

28

20

- 28.6%

Median Sales Price*

$620,000

$632,500

+ 2.0%

$630,000

$635,000

+ 0.8%

Average Sales Price*

$569,571

$632,500

+ 11.0%

$661,625

$727,075

+ 9.9%

95.1%

94.4%

- 0.7%

88.2%

95.6%

+ 8.4%

Percent of List Price Received* Days on Market Until Sale

215

99

- 54.0%

216

127

- 41.2%

Inventory of Homes for Sale

17

17

0.0%

--

--

--

Months Supply of Inventory

7.3

7.7

+ 5.5%

--

--

--

* 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 4

Townhouse-Condo

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

1

6

+ 500.0%

14

26

+ 85.7%

Sold Listings

2

4

+ 100.0%

11

15

+ 36.4%

Median Sales Price*

$292,625

$388,000

+ 32.6%

$310,000

$390,000

+ 25.8%

Average Sales Price*

$292,625

$385,250

+ 31.7%

$329,705

$432,350

+ 31.1%

92.8%

97.1%

+ 4.6%

95.1%

96.1%

+ 1.1%

Percent of List Price Received* Days on Market Until Sale

Thru Q3-2012

Thru Q3-2013

Percent Change from Previous Year

187

61

- 67.4%

203

66

- 67.5%

Inventory of Homes for Sale

8

10

+ 25.0%

--

--

--

Months Supply of Inventory

7.3

5.3

- 27.4%

--

--

--

* 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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.

Local Market Update for Quarter 4-2013 A Research Tool Provided by the Colorado Association of REALTORS®

Wolcott Quarter 4

Single Family

Year to Date

Key Metrics

2012

2013

Percent Change from Previous Year

New Listings

2

3

+ 50.0%

12

10

- 16.7%

Sold Listings

7

1

- 85.7%

13

5

- 61.5%

Median Sales Price*

$775,000

$650,000

- 16.1%

$775,000

$949,000

+ 22.5%

Average Sales Price*

$1,112,500

$650,000

- 41.6%

$1,072,462

$1,020,300

- 4.9%

88.0%

93.5%

+ 6.3%

91.6%

92.9%

+ 1.4%

Days on Market Until Sale

245

75

- 69.4%

225

400

+ 77.8%

Inventory of Homes for Sale

13

8

- 38.5%

--

--

--

Months Supply of Inventory

9.0

6.4

- 28.9%

--

--

--

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 4

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 January 10, 2014. All data from the Vail Board of REALTORS® MLS. Powered by 10K Research and Marketing.