Vail Valley / Eagle County
Mar ke t Re p or t 2 0 1 3 Ye ar En d
www.TeamBlackBear.com Info@TeamBlackBear.com 970.337.7777
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.