Dear Friends, I hope you had a wonderful holiday season and the new year has started on a positive note. In the Vail Valley we are experiencing a great winter with fantastic snow conditions for locals and visitors alike. The overall residential real estate market in 2016 ended on a positive note with an increase of almost 8% in unit sales and a small increase in overall dollar volume compared to 2015. In fact, last year was the best performing residential real estate market since the recession – and with new projects nearing completion and others just getting started, we anticipate another positive year. The year-end residential statistics you see in this report are derived from the Vail MLS. They represent the vast majority of residential sales, leaving out for sale by owners and other private deals (that account for roughly 1% of the transactions) that are not reflected in our MLS. While we have summarized all of the communities, there are stories behind each sale. Motivations shift prices as do other factors. Use this as your guide and then feel free to allow us to help you complete the picture of any market area you are interested in. Speaking of numbers, we are proud to say that we participate in the sale of more than 38% of all the residential properties in the Vail Valley, from Vail Village to Lionshead, Beaver Creek Resort, the valley floor and Eagle and Gypsum. Our 8 offices (7 real estate and one property management) are strategically located in all the major communities of the valley. Our vacation rental office is considered to be one of the finest in the area. For 46 years we have been working with loyal buyers and sellers and look forward to sharing our passion, knowledge, expertise and what the value our affiliation with Berkshire Hathaway HomeServices can do to help you achieve your real estate goals. If you have questions, need more information or would like to visit about the market (or just about living here in the valley), feel free to visit us any time!
Have a safe and happy 2017,
Mark Weinreich Broker Associate Cell: 970-376-3204 Email: Mark@VailMtnRealEstate.com www.BCMtnRE.com
Tiffany Weinreich Broker Associate Cell: 970-331-5115 Email: TiffanyWeinreich@gmail.com www.DealsInVail.com
BCMtnRE.com
2016 Residential Market Snapshot – Supply versus Demand Residential Active Listings and Properties Under Contract
2000 1800 1600 1400 1200 1000 800 600 400 200 0
Active Listings
Under Contracts
April 3, 2006 – January 7, 2017
All data in this report is derived from the Vail MLS – residential transactions only.
BCMtnRE.com
2016 Residential Market Review Price Segments and Geographic Regions All Residential Sales
0 - $300,000 $300,001 - $700,000 $700,001 - $1,000,000 $1,000,001 - $2,000,000 $2,000,001 - $5,000,000 $5,000,000+
Units Sold
2014 217 463 147 169 125 32
Dollar Volume
2015 195 560 171 187 119 36
2016 180 614 193 250 105 25
% Change from 2015 -7.69% +9.64% +12.87% +33.69% -11.76% -30.56%
2014 $49,539,482 $212,574,421 $121,469,990 $238,839,193 $379,406,600 $291,241,500
2015 $47,935,133 $264,854,972 $144,767,625 $268,851,155 $356,301,284 $290,185,000
2016 $43,000,674 $288,228,664 $162,667,696 $356,945,832 $324,243,967 $203,921,375
% Change from 2015 -10.29% +8.83% +12.36% +32.77% -9.00% -29.73%
Area Activity Vail Village, Lionshead, Cascade Units Dollar Volume
2014
2015
2016
% Change from 2015
107 $385,078,300
111 $342,231,208
83 $220,305,717
-25.23% -35.63%
Beaver Creek, Bachelor Gulch, Arrowhead Units Dollar Volume
175 $335,205,982
181 $365,456,691
169 $330,596,285
-6.63% -9.54%
Mid-Valley* Units Dollar Volume
422 $303,007,689
432 $318,781,254
526 $418,394,878
+21.76% +31.25%
Eagle/Gypsum/Dotsero Units Dollar Volume
255 $98,625,827
329 $144,328,451
331 $150,104,492
+0.61% +4.00%
Total Market Units Dollar Volume
1,153 $1,293,071,186
*Mid Valley = Minturn - Wolcott - not including Beaver Creek Resort or Mountain Star
1,268 1,367 $1,372,895,169 $1,379,008,208
+7.81% +0.45%
BCMtnRE.com
2016 Year-End Vail Valley Residential Market Report (All Types)
Residential Sales
Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Days on Market
2009
$648,524,817
539
$1,203,200
$690,000
201
2010
$1,126,987,186
856
$1,316,574
$693,750
257
2011
$896,479,164
895
$1,001,653
$495,000
229
2012
$1,145,386,518
1,183
$968,205
$425,000
195
2013
$1,030,030,170
1,104
$932,998
$525,000
187
2014
$1,293,071,186
1,153
$1,121,484
$560,000
175
2015
$1,372,895,169
1,268
$1,082,725
$585,000
151
2016
$1,379,008,208
1,367
$1,008,784
$595,000
147
% Change from 2015
+0.45%
+7.81%
-6.83%
+1.71%
-2.65%
BCMtnRE.com
2016 Year-End | East Vail and Booth Falls Single Family and Duplex Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Year
Sales Volume
Number of Sales
2011
$22,369,999
17
$1,315,882
$1,100,000
$436
331
2012
$29,472,910
18
$1,637,384
$1,490,205
$470
313
2013
$31,028,500
19
$1,633,079
$1,700,000
$497
129
2014
$44,188,790
22
$2,008,581
$1,609,000
$507
301
2015
$42,664,300
25
$1,706,572
$1,345,000
$518
150
2016
$51,273,620
33
$1,553,746
$1,350,000
$515
126
% Change from 2015
+20.18%
+32.00%
-8.96%
+0.37%
-0.58%
-16.00%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$15,733,052
37
$425,218
$395,000
$380
152
2012
$21,766,100
54
$403,076
$395,000
$363
209
2013
$26,286,730
61
$430,930
$378,000
$405
114
2014
$24,913,700
56
$444,888
$405,000
$410
110
2015
$28,104,591
60
$468,410
$429,500
$453
67
2016
$31,189,500
63
$495,000
$480,000
$466
114
% Change from 2015
+10.98%
+5.00%
+5.68%
+11.76%
+2.87%
+70.15%
BCMtnRE.com
2016 Year-End | Vail Golf Course Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$12,450,000
2
$6,225,000
$6,225,000
$1,230
280
2012
$18,925,000
5
$3,785,000
$3,425,000
$879
647
2013
0
0
N/A
N/A
N/A
N/A
2014
$7,175,000
2
$3,587,500
$3,587,500
$732
619
2015
$2,900,000
1
$2,900,000
$2,900,000
$743
1,667
2016
$29,575,000
6
$4,929,167
$3,216,250
$857
748
% Change from 2015
+919.83%
+500.00%
+69.97%
+10.91%
+15.34%
-55.13%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$1,899,000
2
$949,500
$949,500
$477
142
2012
$7,712,500
7
$1,101,786
$1,400,000
$527
349
2013
$9,440,000
9
$1,048,889
$1,165,000
$526
177
2014
$9,727,750
8
$1,215,969
$1,286,375
$544
249
2015
$8,912,500
7
$1,273,214
$1,405,000
$606
62
2016
$13,898,000
11
$1,263,455
$1,250,000
$654
218
% Change from 2015
+55.94%
+57.14%
-0.77%
-11.03%
+7.92%
+251.61%
BCMtnRE.com
2016 Year-End | Vail Village Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$35,150,000
4
$8,787,500
$8,437,500
$2,064
306
2012
$67,780,000
9
$7,531,111
$7,600,000
$1,460
527
2013
$29,000,000
4
$7,250,000
$5,650,000
$1,491
293
2014
$112,753,000
11
$10,250,273
$7,925,000
$1,899
364
2015
$87,695,000
9
$9,743,889
$9,400,000
$1,805
328
2016
$50,091,000
6
$8,348,500
$8,033,000
$2,050
259
% Change from 2015
-42.88%
-33.33%
-14.32%
-14.54%
+13.57%
-21.04%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$99,985,000
35
$2,856,714
$1,890,000
$1,416
423
2012
$100,249,850
48
$2,088,539
$1,437,500
$1,284
333
2013
$106,770,000
39
$2,737,692
$1,775,000
$1,469
401
2014
$132,756,800
42
$3,160,876
$2,141,875
$1,525
480
2015
$153,674,208
48
$3,201,546
$2,012,500
$1,588
173
2016
$65,332,500
34
$1,921,544
$1,505,000
$1,428
352
% Change from 2015
-57.49%
-29.17%
-39.98%
-25.22%
-10.08%
+103.47%
BCMtnRE.com
2016 Year-End | Lionshead Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$7,500,000
1
$7,500,000
$7,500,000
$1,279
176
2012
$11,560,000
2
$5,780,000
$5,780,000
$1,885
34
2013
$19,350,000
3
$6,450,000
$6,200,000
$1,772
419
2014
$18,000,000
2
$9,000,000
$9,000,000
$1,464
20
2015
$6,250,000
1
$6,250,000
$6,250,000
$2,287
1
2016
$17,500,000
1
$17,500,000
$17,500,000
$1,646
1
% Change from 2015
+180.00%
0.00%
+180.00%
+180.00%
-28.03%
0.00%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$87,164,130
32
$2,723,879
$2,622,500
$1,252
236
2012
$82,066,000
34
$2,413,706
$2,467,500
$1,215
467
2013
$57,417,532
39
$1,472,244
$755,000
$996
403
2014
$104,989,500
44
$2,386,125
$1,825,000
$1,224
265
2015
$79,624,500
44
$1,809,648
$1,345,000
$1,172
441
2016
$66,227,217
35
$1,892,206
$1,380,000
$1,252
362
% Change from 2015
-16.83%
-20.45%
+4.56%
+2.60%
+6.83%
-17.91%
BCMtnRE.com
2016 Year-End | Cascade Village Single Family and Duplex Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Year
Sales Volume
Number of Sales
2011
$2,550,000
1
$2,550,000
$2,550,000
$879
99
2012
$18,906,500
6
$3,151,083
$3,351,250
$753
309
2013
$15,507,500
5
$3,101,500
$2,950,000
$763
480
2014
$8,550,000
2
$4,275,000
$4,275,000
$902
349
2015
$8,450,000
4
$2,112,500
$1,525,000
$651
31
2016
$15,170,000
3
$5,056,667
$4,945,000
$1,092
332
% Change from 2015
+79.53%
-25.00%
+139.37%
+224.26%
+67.74%
+970.97%
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Condominium and Townhome Year
Sales Volume
Number of Sales
2011
$7,190,000
5
$1,438,000
$1,740,000
$768
405
2012
$6,016,750
3
$2,005,583
$1,750,000
$912
132
2013
$6,775,000
5
$1,355,000
$1,050,000
$804
318
2014
$8,029,000
6
$1,338,167
$1,225,000
$886
415
2015
$6,537,500
5
$1,307,500
$1,300,000
$863
181
2016
$5,985,000
4
$1,496,250
$1,455,000
$953
381
% Change from 2015
-8.45%
-20.00%
+14.44%
+11.92%
+10.43%
+110.50%
BCMtnRE.com
2016 Year-End | Central Vail (Sandstone, Potato Patch, The Valley) Single Family and Duplex Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Year
Sales Volume
Number of Sales
2011
$15,915,000
9
$1,768,333
$1,250,000
$457
167
2012
$16,611,608
12
$1,384,301
$962,500
$416
182
2013
$11,063,803
5
$2,212,761
$1,850,000
$483
227
2014
$18,460,000
10
$1,846,000
$1,630000
$525
153
2015
$34,005,250
11
$3,091,386
$2,650,000
$666
182
2016
$29,839,000
15
$1,989,267
$1,850,000
$548
68
% Change from 2015
-12.25%
+36.36%
-35.65%
-30.19%
-17.72%
-62.64%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$13,887,333
27
$514,346
$403,333
$366
317
2012
$18,701,750
38
$492,151
$420,000
$383
231
2013
$13,632,172
28
$486,863
$395,000
$364
110
2014
$17,016,000
33
$515,636
$435,000
$429
167
2015
$20,971,424
38
$551,880
$472,000
$459
112
2016
$23,101,591
34
$679,459
$575,000
$499
112
% Change from 2015
+10.16%
-10.53%
+23.12%
+21.82%
+8.71%
-
BCMtnRE.com
2016 Year-End | Highland Meadows
Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$9,165,000
6
$1,527,500
$1,525,000
$386
458
2012
$4,900,000
3
$1,633,333
$1,450,000
$371
262
2013
$6,255,000
4
$1,563,750
$1,440,000
$414
481
2014
$1,995,000
1
$1,995,000
$1,995,000
$459
205
2015
$14,625,000
9
$1,625,000
$1,725,000
$420
246
2016
$12,200,375
6
$2,033,396
$1,850,000
$514
226
% Change from 2015
-16.58%
-33.33%
+25.13%
+7.25%
+22.38%
-8.13%
BCMtnRE.com
2016 Year-End | West Vail North Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$5,779,386
5
$1,155,877
$941,000
$344
380
2012
$1,620,000
2
$810,000
$810,000
$326
234
2013
$5,390,000
4
$1,347,500
$1,337,500
$562
68
2014
$5,761,500
5
$1,152,300
$960,000
$425
41
2015
$1,380,000
1
$1,380,000
$1,380,000
$448
51
2016
$5,797,000
3
$1,932,333
$1,822,000
$575
220
% Change from 2015
+320.07%
+200.00%
+40.02%
+32.03%
+28.35%
+331.37%
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Condominium and Townhome Year
Sales Volume
Number of Sales
2011
$2,830,000
9
$314,444
$300,000
$282
203
2012
$4,440,500
14
$317,179
$279,000
$315
118
2013
$2,292,000
7
$327,429
$299,000
$340
66
2014
$5,678,000
14
$405,571
$402,500
$350
111
2015
$3,802,500
8
$475,313
$409,500
$422
78
2016
$3,701,500
8
$462,688
$455,000
$405
107
% Change from 2015
-2.66%
-
-2.66%
+11.11%
-4.03%
+37.18%
BCMtnRE.com
2016 Year-End | West Vail South Single Family and Duplex Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Year
Sales Volume
Number of Sales
2011
$5,632,000
5
$1,126,400
$944,500
$286
230
2012
$8,082,500
9
$898,056
$875,000
$380
197
2013
$9,270,000
7
$1,324,286
$1,170,000
$463
193
2014
$14,771,500
13
$1,136,269
$1,040,000
$420
112
2015
$11,697,000
10
$1,169,700
$1,087,500
$427
166
2016
$24,154,750
19
$1,271,303
$1,140,000
$477
204
% Change from 2015
+106.50%
+90.00%
+8.69%
+4.83%
+11.71%
+22.89%
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Condominium and Townhome Year
Sales Volume
Number of Sales
2011
$3,762,500
9
$418,056
$399,000
$307
260
2012
$7,450,000
18
$413,889
$410,000
$278
206
2013
$8,553,500
17
$503,147
$525,000
$392
165
2014
$5,005,900
7
$715,129
$579,500
$390
173
2015
$7,412,000
13
$570,154
$538,500
$402
73
2016
$5,213,000
10
$521,300
$504,500
$466
97
% Change from 2015
-29.67%
-23.08%
-8.57%
-6.31%
+15.92%
+32.88%
BCMtnRE.com
2016 Year-End | Minturn Single Family and Duplex Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Year
Sales Volume
Number of Sales
2011
$3,117,000
8
$389,625
$390,000
$237
98
2012
$2,160,000
5
$432,000
$325,000
$358
181
2013
$6,910,500
13
$531,577
$415,000
$314
123
2014
$4,405,000
7
$629,286
$475,000
$315
273
2015
$8,683,000
12
$723,583
$612,500
$389
122
2016
$9,396,850
13
$722,835
$650,000
$309
182
% Change from 2015
+8.22%
+8.33%
-0.10%
+6.12%
-20.57%
+49.18%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$991,500
3
$330,500
$392,000
$260
114
2012
$1,054,000
3
$351,333
$340,000
$201
157
2013
$830,300
2
$415,150
$415,150
$237
59
2014
$1,177,000
3
$392,333
$462,000
$293
60
2015
$1,975,100
4
$493,775
$535,000
$443
64
2016
-
0
-
-
-
-
% Change from 2015
-
-
-
-
-
-
BCMtnRE.com
2016 Year-End | Eagle Vail Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$17,460,000
22
$793,636
$525,000
$221
161
2012
$18,036,670
36
$501,019
$435,000
$218
127
2013
$15,720,000
28
$561,429
$550,000
$243
103
2014
$19,199,700
29
$662,059
$600,000
$274
115
2015
$18,776,000
26
$722,154
$650,000
$279
93
2016
$31,282,764
38
$823,231
$785,107
$300
51
% Change from 2015
+66.61%
+46.15%
+14.00%
+20.79%
+7.53%
-45.16%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$7,216,770
25
$288,671
$299,000
$214
151
2012
$9,555,800
37
$258,265
$255,000
$188
129
2013
$11,710,776
36
$325,299
$303,750
$227
122
2014
$11,119,000
28
$397,107
$365,500
$242
64
2015
$21,471,715
52
$412,918
$380,583
$300
61
2016
$25,298,139
58
$436,175
$417,000
$321
55
% Change from 2015
+17.82%
+11.54%
+5.63%
+9.57%
+7.00%
-9.84%
BCMtnRE.com
2016 Year-End | Avon Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$1,345,000
2
$627,500
$627,500
$194
22
2012
$1,387,500
2
$693,750
$693,750
$248
11
2013
$1,414,000
2
$707,000
$707,000
$262
165
2014
0
0
N/A
N/A
N/A
N/A
2015
$2,955,000
5
$591,000
$560,500
$267
160
2016
$5,350,700
7
$764,386
$690,000
$349
34
% Change from 2015
+81.07%
+40.00%
+29.34%
+23.10%
+30.71%
-78.75%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$45,328,568
103
$440,083
$399,000
$338
111
2012
$27,188,400
91
$298,774
$233,000
$277
162
2013
$34,064,003
92
$370,261
$277,000
$336
208
2014
$46,873,898
113
$414,813
$310,000
$348
127
2015
$41,093,978
94
$437,170
$336,500
$399
100
2016
$71,862,728
137
$524,545
$370,730
$456
153
% Change from 2015
+74.87%
+45.74%
+19.99%
+10.17%
+14.29%
+53.00%
BCMtnRE.com
2016 Year-End | Wildridge Single Family and Duplex Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Year
Sales Volume
Number of Sales
2011
$6,036,700
9
$670,744
$515,000
$210
157
2012
$18,525,500
28
$661,625
$630,000
$206
216
2013
$14,541,500
20
$727,075
$635,000
$247
127
2014
$22,525,400
28
$804,479
$705,000
$243
98
2015
$19,713,250
22
$896,057
$796,500
$284
147
2016
$19,097,296
18
$1,060,961
$922,500
$308
147
% Change from 2015
-3.12%
-18.18%
+18.40%
+15.82%
+8.45%
-
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$2,613,000
6
$435,500
$438,000
$205
408
2012
$3,626,750
11
$329,705
$310,000
$199
203
2013
$6,485,250
15
$432,350
$390,000
$217
66
2014
$5,570,000
14
$397,857
$377,500
$223
101
2015
$4,535,420
9
$503,936
$462,000
$270
50
2016
$7,576,751
15
$505,117
$510,000
$293
77
% Change from 2015
+67.06%
+66.67%
+0.23%
+10.39%
+8.52%
+54.00%
BCMtnRE.com
2016 Year-End | Mountain Star
Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$9,870,000
3
$3,290,000
$3,500,000
$570
508
2012
$16,050,000
4
$4,012,500
$3,825,000
$499
357
2013
0
0
N/A
N/A
N/A
N/A
2014
$8,700,000
3
$2,900,000
$2,500,000
$554
521
2015
$18,245,000
3
$6,081,667
$5,995,000
$742
407
2016
$3,450,000
1
$3,450,000
$3,450,000
$521
250
% Change from 2015
-81.09%
-66.67%
-43.27%
-42.45%
-29.78%
-38.57%
BCMtnRE.com
2016 Year-End | Beaver Creek Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$28,481,000
8
$3,560,125
$2,850,000
$635
482
2012
$73,658,500
19
$3,876,763
$3,550,000
$614
248
2013
$39,175,000
11
$3,561,364
$3,850,000
$630
257
2014
$41,745,000
11
$3,795,000
$3,200,000
$617
302
2015
$82,590,000
17
$4,858,235
$5,120,000
$753
460
2016
$50,899,250
13
$3,915,327
$3,300,000
$713
302
% Change from 2015
-38.37%
-23.53%
-19.41%
-35.55%
-5.31%
-34.35%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$79,669,000
59
$1,350,322
$1,083,000
$674
323
2012
$108,120,279
63
$1,716,195
$1,028,000
$705
318
2013
$76,038,500
61
$1,246,533
$930,000
$660
326
2014
$102,666,049
76
$1,350,869
$1,122,500
$697
337
2015
$76,645,900
60
$1,277,432
$965,000
$684
248
2016
$120,419,360
83
$1,450,836
$1,137,500
$732
299
% Change from 2015
+57.11%
+38.33%
+13.57%
+17.88%
+7.02%
+20.56%
BCMtnRE.com
2016 Year-End | Bachelor Gulch Single Family and Duplex Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Year
Sales Volume
Number of Sales
2011
$66,398,750
10
$6,639,875
$7,050,000
$877
517
2012
$65,285,000
8
$8,160,625
$7,825,000
$912
251
2013
$73,830,000
12
$5,285,000
$5,285,000
$849
530
2014
$48,412,000
7
$6,916,000
$7,295,000
$901
382
2015
$19,697,500
2
$9,848,750
$9,848,750
$974
622
2016
$45,992,875
8
$5,749,109
$5,487,500
$818
361
% Change from 2015
+133.50%
+300.00%
-41.63%
-44.28%
-16.02%
-41.96%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$32,378,000
15
$2,158,533
$2,000,000
$779
407
2012
$32,432,500
18
$1,801,806
$1,475,000
$765
175
2013
$31,246,800
17
$1,838,047
$1,576,800
$746
379
2014
$58,047,500
24
$2,418,646
$2,208,500
$876
262
2015
$56,693,400
35
$1,619,811
$1,399,900
$858
189
2016
$47,097,600
23
$2,047,722
$2,000,000
$858
282
% Change from 2015
-16.93%
-34.29%
+26.42%
+42.87%
-
+49.21%
BCMtnRE.com
2016 Year-End | Arrowhead Single Family and Duplex Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Year
Sales Volume
Number of Sales
2011
$55,607,500
26
$2,138,750
$1,650,000
$428
412
2012
$78,311,406
32
$2,447,231
$1,962,500
$466
336
2013
$56,762,714
29
$1,957,335
$1,780,000
$436
254
2014
$54,229,933
21
$2,582,378
$2,458,333
$478
348
2015
$99,168,816
35
$2,833,395
$2,350,000
$555
200
2016
$41,794,500
18
$2,321,917
$1,816,250
$533
116
% Change from 2015
-57.86%
-48.57%
-18.05%
-22.71%
-3.96%
-42.00%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$9,201,500
11
$836,500
$900,000
$459
260
2012
$13,039,500
15
$869,300
$620,000
$479
473
2013
$17,713,300
19
$932,279
$600,000
$483
256
2014
$30,105,500
36
$836,264
$710,000
$489
192
2015
$30,661,075
32
$958,159
$859,000
$569
180
2016
$24,392,700
24
$1,016,363
$911,500
$573
177
% Change from 2015
-20.44%
-25.00%
+6.07%
+6.11%
+0.70%
-1.67%
BCMtnRE.com
2016 Year-End | Edwards Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$6,271,000
8
$783,875
$714,500
$261
264
2012
$7,454,500
11
$677,682
$582,500
$235
191
2013
$5,977,500
8
$747,188
$642,500
$266
97
2014
$5,693,900
7
$813,414
$745,000
$263
230
2015
$6,452,000
9
$716,889
$680,000
$264
100
2016
$14,991,762
10
$1,499,176
$1,489,500
$389
122
% Change from 2015
+132.36%
+11.11%
+109.12%
+119.04%
+47.35%
+22.00%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$4,287,610
16
$267,976
$243,500
$226
196
2012
$6,896,500
29
$237,810
$230,000
$220
109
2013
$10,831,400
30
$361,047
$294,500
$270
252
2014
$15,870,530
43
$369,082
$317,000
$295
77
2015
$13,470,950
37
$364,080
$345,000
$304
65
2016
$23,653,750
57
$414,978
$377,000
$335
57
% Change from 2015
+75.59%
+54.05%
+13.98%
+9.28%
+10.20%
-12.31%
BCMtnRE.com
2016 Year-End | Singletree Single Family and Duplex Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Year
Sales Volume
Number of Sales
2011
$25,744,687
29
$887,748
$755,000
$264
249
2012
$30,480,703
43
$708,854
$648,900
$238
151
2013
$40,802,100
46
$887,002
$772,500
$275
141
2014
$36,758,890
44
$835,429
$770,000
$271
161
2015
$36,512,275
41
$890,543
$819,000
$322
107
2016
$59,311,500
53
$1,119,085
$995,000
$319
123
% Change from 2015
+62.44%
+29.27%
+25.66%
+21.49%
-0.93%
+14.95%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$2,343,000
4
$585,750
$650,000
$268
338
2012
$3,356,000
8
$419,500
$365,000
$240
328
2013
$2,982,500
6
$497,083
$457,250
$245
136
2014
$1,504,000
3
$501,333
$499,000
$326
72
2015
$2,467,200
5
$493,440
$445,000
$293
51
2016
$4,312,500
7
$616,071
$621,000
$326
53
% Change from 2015
+74.79%
+40.00%
+24.85%
+39.55%
+11.26%
+3.92%
BCMtnRE.com
2016 Year-End | Homestead Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$4,151,000
7
$593,000
$601,000
$197
210
2012
$9,265,900
15
$617,727
$620,000
$201
116
2013
$19,498,800
24
$812,450
$695,000
$223
125
2014
$11,340,121
17
$667,066
$630,000
$254
152
2015
$21,575,866
22
$980,721
$900,750
$282
147
2016
$22,531,600
22
$1,024,164
$927,500
$295
166
% Change from 2015
+4.43%
-
+4.43%
+2.97%
+4.61%
+12.93%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$4,152,250
13
$319,404
$323,500
$188
322
2012
$7,673,321
23
$333,623
$325,000
$202
60
2013
$7,591,400
21
$361,495
$365,000
$230
82
2014
$9,360,100
24
$390,004
$392,500
$229
51
2015
$12,825,900
31
$413,739
$418,500
$266
30
2016
$13,974,351
28
$499,084
$507,000
$279
83
% Change from 2015
+8.95%
-9.68%
+20.63%
+21.15%
+4.89%
+176.67%
BCMtnRE.com
2016 Year-End | Lake Creek
Single Family and Duplex Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Year
Sales Volume
Number of Sales
2011
$9,995,000
4
$2,498,750
$2,350,000
$401
324
2012
$12,699,000
6
$2,116,500
$2,287,500
$526
213
2013
$16,764,000
9
$1,862,667
$1,760,000
$419
628
2014
$27,877,500
12
$2,323,125
$1,662,500
$458
349
2015
$14,846,900
7
$2,120,986
$1,335,000
$433
230
2016
$10,668,000
3
$3,556,000
$3,600,000
$400
817
% Change from 2014
-28.15%
-57.14%
+67.66%
+169.66%
-7.62%
+255.22%
BCMtnRE.com
2016 Year-End | Cordillera (Divide, Ranch, and Summit))
All Residential Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$31,018,000
21
$1,477,048
$1,200,000
$275
425
2012
$31,892,250
20
$1,594,613
$1,513,750
$276
290
2013
$47,499,000
32
$1,484,344
$1,112,500
$292
282
2014
$66,284,650
37
$1,791,477
$1,595,000
$322
279
2015
$61,845,400
34
$1,818,982
$1,625,000
$327
354
2016
$62,474,300
36
$1,735,397
$1,557,500
$322
398
% Change from 2015
+1.02%
+5.88%
-4.60%
-4.15%
-1.53%
+12.43%
BCMtnRE.com
2016 Year-End | Cordillera Valley Club Club
Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$985,000
1
$985,000
$985,000
$260
455
2012
$6,214,500
5
$1,242,900
$1,125,000
$292
347
2013
$19,555,000
12
$1,629,583
$1,475,000
$343
294
2014
$4,525,000
2
$2,262,500
$2,262,500
$472
24
2015
$19,652,500
10
$1,965,250
$2,087,500
$396
230
2016
$16,326,500
8
$2,040,813
$1,867,000
$383
323
% Change from 2015
-16.92%
-20.00%
+3.84%
-10.56%
-3.28%
+40.43%
BHHSColoradoProperties.com
2016 Year-End | Wolcott (Bellyache and Red Sky Ranch)
Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$11,468,170
10
$1,146,817
$1,076,335
$256
211
2012
$13,942,000
13
$1,072,462
$775,000
$215
225
2013
$5,101,500
5
$1,020,300
$949,000
$217
400
2014
$8,175,000
3
$2,725,000
$2,525,000
$490
251
2015
$7,479,000
5
$1,495,800
$1,000,000
$308
328
2016
$11,351,387
9
$1,261,265
$1,100,000
$292
199
% Change from 2015
+51.78%
+80.00%
-15.68%
+10.00%
-5.19%
-39.33%
BCMtnRE.com
2016 Year-End | Eagle (not including Eagle Ranch) Single Family and Duplex Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Year
Sales Volume
Number of Sales
2011
$10,983,625
33
$332,837
$267,500
$133
149
2012
$26,549,605
71
$373,938
$315,000
$157
110
2013
$23,375,635
56
$417,422
$353,625
$177
74
2014
$19,967,950
44
$453,817
$401,100
$196
75
2015
$34,479,700
59
$584,402
$480,000
$231
92
2016
$21,425,759
38
$563,836
$524,800
$217
44
% Change from 2015
-37.86%
-35.59%
-3.52%
+9.33%
-6.06%
-52.17%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$5,208,900
31
$168,029
$165,000
$116
195
2012
$5,847,675
35
$167,076
$165,000
$117
61
2013
$4,469,425
19
$235,233
$197,500
$150
67
2014
$8,790,463
30
$293,015
$299,500
$180
111
2015
$11,133,965
36
$309,277
$306,000
$200
64
2016
$19,804,709
60
$330,078
$320,000
$220
72
% Change from 2015
+77.88%
+66.67%
+6.73%
+4.58%
+10.00%
+12.50%
BCMtnRE.com
2016 Year-End | Eagle Ranch Single Family and Duplex Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$26,302,400
48
$547,967
$474,500
$164
171
2012
$29,156,404
54
$539,933
$550,000
$153
62
2013
$32,637,625
54
$604,400
$557,500
$170
138
2014
$25,363,014
41
$618,610
$579,000
$182
118
2015
$34,919,440
54
$646,656
$626,000
$184
106
2016
$47,150,750
64
$736,730
$691,000
$203
73
% Change from 2015
+35.03%
+18.52%
+13.93%
+10.38%
+10.33%
-31.13%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$3,911,300
19
$205,858
$205,000
$164
231
2012
$2,686,500
13
$206,654
$205,000
$160
167
2013
$2,923,200
13
$224,862
$235,000
$177
54
2014
$6,326,150
24
$263,590
$240,000
$210
77
2015
$7,066,500
22
$321,205
$307,000
$235
63
2016
$6,278,900
19
$330,468
$350,000
$254
21
% Change from 2015
-11.15%
-13.64%
+2.88%
+14.01%
+8.09%
-66.67%
BCMtnRE.com
2016 Year-End | Gypsum Single Family and Duplex Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
Year
Sales Volume
Number of Sales
2011
$22,165,359
82
$270,309
$254,700
$124
129
2012
$34,412,911
122
$282,073
$254,500
$121
99
2013
$33,208,745
110
$301,898
$275,000
$138
47
2014
$31,742,850
94
$337,690
$328,750
$167
55
2015
$44,729,685
108
$414,164
$390,500
$189
63
2016
$38,092,234
91
$418,596
$402,000
$205
65
% Change from 20154
-14.84%
-15.74%
+1.07%
+2.94%
+8.47%
+3.17%
Condominium and Townhome Year
Sales Volume
Number of Sales
Average Sale Price
Median Sale Price
Average Sold Price per Foot
Average Days on Market
2011
$1,926,800
18
$107,044
$99,950
$82
93
2012
$2,986,900
29
$102,997
$100,000
$76
48
2013
$1,256,590
10
$125,659
$120,300
$97
25
2014
$4,206,500
12
$350,542
$173,500
$136
48
2015
$3,714,900
16
$232,181
$252,500
$167
40
2016
$5,887,101
21
$280,338
$265,000
$202
65
% Change from 2014
+58.47%
+31.25%
+20.74%
+4.95%
+20.96%
+62.50%
BCMtnRE.com
BCMtnRE.com