eagle county market data - december 2008

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Eagle County Market Data presented by Kenton Hopkins, David McHugh and Land Title. www.BeaverCreekOnline.com

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Page 1: Eagle County Market Data - December 2008

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Page 2: Eagle County Market Data - December 2008

Month 2005% of

Previous Year

2006% of

Previous Year

2007% of

Previous Year

2008% of

Previous Year

January $132,772,300 111% $138,340,500 104% $173,416,500 125% $124,253,400 72%February $172,605,800 125% $149,697,700 87% $253,057,700 169% $207,081,600 82%March $201,990,500 126% $238,965,700 118% $266,688,300 112% $228,388,700 86%April $226,125,302 164% $183,511,300 81% $233,926,100 127% $137,700,500 59%May $211,985,000 117% $257,872,000 122% $301,894,600 117% $158,543,900 53%June $275,455,100 174% $277,390,500 101% $332,660,200 120% $188,121,300 57%July $217,831,600 115% $214,424,600 98% $190,341,400 89% $243,432,100 128%August $233,778,200 115% $258,099,400 110% $313,687,200 122% $211,288,800 67%September $284,867,000 118% $259,621,200 91% $260,515,200 100% $169,448,700 65%October $258,610,100 130% $228,350,800 88% $215,096,100 94% $167,365,200 78%November $361,816,100 167% $298,677,400 83% $216,475,200 72% $174,144,400 80%December $222,412,500 79% $249,220,500 112% $202,738,700 81% $225,150,500 111%

YTD - TOTAL $2,800,249,502 126% $2,754,171,600 98% $2,960,497,200 107% $2,234,919,100 75%

Month 2005% of

Previous Year

2006% of

Previous Year

2007% of

Previous Year

2008% of

Previous Year

January 193 123% 182 94% 175 96% 104 59%February 209 123% 186 89% 273 147% 131 48%March 311 143% 259 83% 210 81% 145 69%April 375 170% 233 62% 221 95% 117 53%May 381 133% 290 76% 266 92% 107 40%June 370 118% 326 88% 286 88% 172 60%July 325 99% 261 80% 204 78% 157 77%August 338 104% 292 86% 285 98% 110 39%September 412 119% 278 67% 248 89% 166 67%October 368 111% 269 73% 181 67% 175 97%November 410 134% 264 64% 190 72% 120 63%December 331 113% 275 83% 149 54% 102 68%

YTD - TOTAL 4,023 122% 3,115 77% 2,688 86% 1,606 60%Please note: The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

Eagle County, Colorado

December 2008

Month to Month Comparison by Number of Transactions

Month to Month Comparison by Total Dollar Volume

MARKET ANALYSIS

VAIL108 S. Frontage Rd. W

Suite 203P O Box 357

Vail, CO 81658ph: (970) 476-2251fax: (970) 476-4534

AVON0090 Benchmark Rd

Suite 205P O Box 3480

Avon, CO 81620ph: (970) 949-5099fax: (970) 949-4892

EAGLE65 Market Street

Suite 4P O Box 4420

Eagle, CO 81631ph: (970) 328-5065fax: (970) 328-5064

Compliments of:Trevor [email protected]

Bob [email protected]

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

Page 3: Eagle County Market Data - December 2008

AreaTotal Dollar

Volume% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail $1,163,000 0.52% 4 3.92% $290,750 $284,000

Booth Creek, The Falls $3,100,000 1.38% 1 0.98% $3,100,000 n/a

11th Filing, Vail Golf Course $0 0.00% 0 0.00% $0 $0

Vail Village $92,545,500 41.10% 11 10.78% $8,413,227 $10,850,000

Lionshead $60,531,400 26.88% 17 16.67% $3,560,671 $3,300,000

Spraddle Creek $0 0.00% 0 0.00% $0 $0

Potato Patch $0 0.00% 0 0.00% $0 $0Lionsridge, Sandstone, The Ridge, The Valley $300,000 0.13% 1 0.98% $300,000 n/a

Cascade Village, Glen Lyon $2,200,000 0.98% 1 0.98% $2,200,000 n/aBuffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $0 0.00% 0 0.00% $0 $0

Highland Meadows $1,857,300 0.82% 1 0.98% $1,857,300 n/aIntermountain, Matterhorn, Vail Village West $3,231,300 1.44% 4 3.92% $807,825 $532,000

Minturn, Redcliff $556,000 0.25% 2 1.96% $278,000 n/a

Eagle Vail $1,354,000 0.60% 2 1.96% $677,000 n/a

Avon $17,777,700 7.90% 18 17.65% $987,650 $560,500

Mountain Star $0 0.00% 0 0.00% $0 $0

Wildridge $3,445,000 1.53% 2 1.96% $1,722,500 n/a

Beaver Creek $3,475,000 1.54% 4 3.92% $868,750 $787,500

Bachelor Gulch $0 0.00% 0 0.00% $0 $0

Arrowhead $19,764,200 8.78% 4 3.92% $4,941,050 $4,900,000

Berry Creek, Singletree $0 0.00% 0 0.00% $0 $0

Edwards $512,100 0.23% 2 1.96% $256,050 n/a

Homestead, South 40 $1,715,000 0.76% 2 1.96% $857,500 n/a

Lake Creek, Squaw Creek $0 0.00% 0 0.00% $0 $0

Cordillera Valley Club $0 0.00% 0 0.00% $0 $0

Cordillera $0 0.00% 0 0.00% $0 $0

Wolcott $0 0.00% 0 0.00% $0 $0

Bellyache, Red Sky $0 0.00% 0 0.00% $0 $0

Eagle $6,373,200 2.83% 11 10.78% $579,382 $410,600

Gypsum $3,083,800 1.37% 9 8.82% $342,644 $299,000

Basalt, El Jebel and Misc. In-County $2,166,000 0.96% 6 5.88% $361,000 $280,000

TOTAL $225,150,500 100.00% 102 100.00% $2,207,358 $600,000Please note: The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

Market Analysis by AreaIncludes: Commercial, Residential and Vacant Land

December 2008Eagle County, Colorado

VAIL108 S. Frontage Rd. W

Suite 203P O Box 357

Vail, CO 81658ph: (970) 476-2251fax: (970) 476-4534

AVON0090 Benchmark Rd

Suite 205P O Box 3480

Avon, CO 81620ph: (970) 949-5099fax: (970) 949-4892

EAGLE65 Market Street

Suite 4P O Box 4420

Eagle, CO 81631ph: (970) 328-5065fax: (970) 328-5064

Compliments of:Trevor [email protected]

Bob [email protected]

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

Page 4: Eagle County Market Data - December 2008

SaleNumber of

Transactions Total Dollar Volume Average Sales Price SaleNumber of

TransactionsTotal Dollar

VolumeAverage Sales

PriceUnder $500,000 24 $8,668,500 $361,188 Single Family 22 $39,750,900 $1,806,859

$500,001 to $1,000,000 17 $11,361,200 $668,306 Multi Family 59 $173,052,600 $2,933,095$1,000,001 to $1,500,000 7 $9,228,600 $1,318,371 Vacant Residential Land 1 $280,000 $280,000$1,500,001 to $2,000,000 3 $5,507,300 $1,835,767$2,000,001 to $2,500,000 3 $6,513,800 $2,171,267$2,500,001 to $3,000,000 7 $20,052,000 $2,864,571$3,000,001 to $3,500,000 4 $12,850,000 $3,212,500$3,500,001 to $4,000,000 1 $3,550,000 $3,550,000$4,000,001 to $4,500,000 1 $4,384,400 $4,384,400$4,500,001 to 5,000,000 2 $9,250,000 $4,625,000

Over $5 Million 12 $121,437,700 $10,119,808Improved Residential Total: 81 $212,803,500 $2,627,204 Total 82 $213,083,500 $2,598,579Residential Vacant Land and

Commercial Total*: 21 $12,347,000 $587,952

Compliments of:Trevor [email protected]

Bob [email protected]

* includes all non-improved residential transactions

Imp

rove

d R

esid

enti

al

Total Number of Transactions

Under $500,000

30%

$500,001 to $1,000,000

21%

Over 2 Million37%

$1,000,001 to

$1,500,0008%

$1,500,001 to

$2,000,0004%

Total Dollar Volume

$500,001 to $1,000,000

5%

$1,000,001 to

$1,500,0004%

$1,500,001 to

$2,000,0003%

Over 2 Million84%

Under $500,000

4%

All Residential TransactionsDecember 2008

Eagle County, Colorado

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

Page 5: Eagle County Market Data - December 2008

SaleNumber of

Transactions Total Dollar Volume Average Sales Price SaleNumber of

TransactionsTotal Dollar

VolumeAverage Sales

PriceUnder $500,000 422 $157,514,200 $373,256 Single Family 479 $697,315,700 $1,455,774

$500,001 to $1,000,000 394 $274,439,900 $696,548 Multi Family 813 $1,227,492,000 $1,509,830$1,000,001 to $1,500,000 124 $153,061,100 $1,234,364 Vacant Residential Land 77 $43,334,000 $562,779$1,500,001 to $2,000,000 86 $148,159,900 $1,722,790$2,000,001 to $2,500,000 68 $155,946,800 $2,293,335$2,500,001 to $3,000,000 49 $136,207,100 $2,779,737$3,000,001 to $3,500,000 19 $63,169,500 $3,324,711$3,500,001 to $4,000,000 28 $105,449,700 $3,766,061$4,000,001 to $4,500,000 17 $73,572,900 $4,327,818$4,500,001 to 5,000,000 14 $67,003,000 $4,785,929

Over $5 Million 71 $590,283,600 $8,313,854Improved Residential Total: 1292 $1,924,807,700 $1,489,789 Total 1369 $1,968,141,700 $1,437,649Residential Vacant Land and

Commercial Total*: 314 $310,111,400 $987,616

Compliments of:Trevor [email protected]

Bob [email protected]

* includes all non-improved residential transactions

Imp

rove

d R

esid

enti

al

Total Number of Transactions$1,500,001

to $2,000,000

7%

$1,000,001 to

$1,500,00010%

Over 2 Million19%

$500,001 to $1,000,000

31%

Under $500,000

33%

Total Dollar Volume

Under $500,000

9%

Over 2 Million59%

$1,500,001 to $2,000,000

8%

$1,000,001 to $1,500,000

8%

$500,001 to $1,000,000

15%

All Residential TransactionsYear End - 2008

Eagle County, Colorado

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

Page 6: Eagle County Market Data - December 2008

SaleNumber of

TransactionsTotal

Dollar VolumeAverage

Sales PriceYTD Number of Transactions

YTD Total Dollar Volume

YTD Average Sales Price

Commercial Improved 6 $4,133,300 $688,883 89 $101,865,400 $1,144,555Commercial Vacant 3 $289,900 $96,633 42 $21,268,100 $506,383Development Vacant 1 $600,000 $600,000 6 $49,887,800 $8,314,633

Total 10 $5,023,200 $502,320 137 $173,021,300 $1,262,929

Compliments of:Trevor [email protected]

Bob [email protected]

Commercial TransactionsDecember 2008

Eagle County, Colorado

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

Page 7: Eagle County Market Data - December 2008

AreaTotal Dollar

Volume% of

VolumeNumber of

Transactions% of

TransactionsAverage

Transaction PriceMedian

Transaction Price

Bighorn, East Vail $51,818,400 2.32% 63 3.92% $822,514 $527,000

Booth Creek, The Falls $4,872,000 0.22% 4 0.25% $1,218,000 $636,000

11th Filing, Vail Golf Course $25,354,000 1.13% 11 0.68% $2,304,909 $2,312,500

Vail Village $367,655,800 16.45% 75 4.67% $4,902,077 $3,800,500

Lionshead $395,165,200 17.68% 119 7.41% $3,320,716 $2,795,000

Spraddle Creek $0 0.00% 0 0.00% $0 $0

Potato Patch $3,125,000 0.14% 2 0.12% $1,562,500 n/aLionsridge, Sandstone, The Ridge, The Valley $16,516,700 0.74% 26 1.62% $635,258 $473,000

Cascade Village, Glen Lyon $13,794,000 0.62% 6 0.37% $2,299,000 $1,612,000Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $7,219,000 0.32% 11 0.68% $656,273 $528,500

Highland Meadows $14,056,400 0.63% 8 0.50% $1,757,050 $1,641,150Intermountain, Matterhorn, Vail Village West $30,650,900 1.37% 30 1.87% $1,021,697 $670,000

Minturn, Redcliff $12,963,000 0.58% 22 1.37% $589,227 $500,000

Eagle Vail $67,401,900 3.02% 61 3.80% $1,104,949 $540,500

Avon $123,802,100 5.54% 175 10.90% $707,441 $451,850

Mountain Star $12,075,000 0.54% 7 0.44% $1,725,000 $1,350,000

Wildridge $27,455,500 1.23% 30 1.87% $915,183 $625,000

Beaver Creek $193,300,700 8.65% 87 5.42% $2,221,847 $1,612,500

Bachelor Gulch $108,910,900 4.87% 31 1.93% $3,513,255 $2,662,500

Arrowhead $119,845,300 5.36% 52 3.24% $2,304,717 $1,325,000

Berry Creek, Singletree $44,003,000 1.97% 39 2.43% $1,128,282 $935,000

Edwards $61,685,400 2.76% 85 5.29% $725,711 $392,000

Homestead, South 40 $22,804,300 1.02% 35 2.18% $651,551 $527,500

Lake Creek, Squaw Creek $38,173,700 1.71% 16 1.00% $2,385,856 $3,577,000

Cordillera Valley Club $10,304,600 0.46% 8 0.50% $1,288,075 $895,000

Cordillera $69,106,400 3.09% 44 2.74% $1,570,600 $1,235,000

Wolcott $785,000 0.04% 2 0.12% $392,500 n/a

Bellyache, Red Sky $10,985,300 0.49% 6 0.37% $1,830,883 $1,875,000

Eagle $123,620,200 5.53% 218 13.57% $567,065 $447,000

Gypsum $110,187,600 4.93% 151 9.40% $729,719 $380,000

Basalt, El Jebel and Misc. In-County $147,281,800 6.59% 182 11.33% $809,241 $615,000

TOTAL $2,234,919,100 100.00% 1606 100.00% $1,391,606 $609,000Please note: The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

Market Analysis by AreaIncludes: Commercial, Residential and Vacant Land

Year End - 2008Eagle County, Colorado

VAIL108 S. Frontage Rd. W

Suite 203P O Box 357

Vail, CO 81658ph: (970) 476-2251fax: (970) 476-4534

AVON0090 Benchmark Rd

Suite 205P O Box 3480

Avon, CO 81620ph: (970) 949-5099fax: (970) 949-4892

EAGLE65 Market Street

Suite 4P O Box 4420

Eagle, CO 81631ph: (970) 328-5065fax: (970) 328-5064

Compliments of:Trevor [email protected]

Bob [email protected]

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

Page 8: Eagle County Market Data - December 2008

AreaTotal Dollar

Volume% of

VolumeNumber of

Transactions% of

TransactionsAverage

Transaction PriceMedian

Transaction Price

Bighorn, East Vail $1,003,000 0.47% 3 3.70% $334,333 $293,000

Booth Creek, The Falls $3,100,000 1.46% 1 1.23% $3,100,000 n/a

11th Filing, Vail Golf Course $0 0.00% 0 0.00% $0 $0

Vail Village $91,195,500 42.85% 8 9.88% $11,399,438 $11,712,500

Lionshead $60,531,400 28.44% 17 20.99% $3,560,671 $3,300,000

Spraddle Creek $0 0.00% 0 0.00% $0 $0

Potato Patch $0 0.00% 0 0.00% $0 $0Lionsridge, Sandstone, The Ridge, The Valley $300,000 0.14% 1 1.23% $300,000 n/a

Cascade Village, Glen Lyon $2,200,000 1.03% 1 1.23% $2,200,000 n/aBuffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $0 0.00% 0 0.00% $0 $0

Highland Meadows $1,857,300 0.87% 1 1.23% $1,857,300 n/aIntermountain, Matterhorn, Vail Village West $2,914,000 1.37% 3 3.70% $971,333 $564,000

Minturn, Redcliff $256,000 0.12% 1 1.23% $256,000 n/a

Eagle Vail $1,354,000 0.64% 2 2.47% $677,000 n/a

Avon $13,930,200 6.55% 17 20.99% $819,424 $560,500

Mountain Star $0 0.00% 0 0.00% $0 $0

Wildridge $3,445,000 1.62% 2 2.47% $1,722,500 n/a

Beaver Creek $3,375,000 1.59% 3 3.70% $1,125,000 $960,000

Bachelor Gulch $0 0.00% 0 0.00% $0 $0

Arrowhead $19,302,200 9.07% 3 3.70% $6,434,067 $6,650,000

Berry Creek, Singletree $0 0.00% 0 0.00% $0 $0

Edwards, Scottsville $161,100 0.08% 1 1.23% $161,100 n/a

Homestead, South 40 $1,715,000 0.81% 2 2.47% $857,500 n/a

Lake Creek, Squaw Creek $0 0.00% 0 0.00% $0 $0

Cordillera Valley Club $0 0.00% 0 0.00% $0 $0

Cordillera $0 0.00% 0 0.00% $0 $0

Wolcott: North of I-70 $0 0.00% 0 0.00% $0 $0

Bellyache, Red Sky, Wolcott South of I-70 $0 0.00% 0 0.00% $0 $0

Eagle $3,423,200 1.61% 8 9.88% $427,900 $436,000

Gypsum $2,740,600 1.29% 7 8.64% $391,514 $430,000

Basalt, El Jebel and Misc. In-County $0 0.00% 0 0.00% $0 $0

TOTAL $212,803,500 100% 81 100.00% $2,627,204 $929,500Please note: The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

VAIL108 S. Frontage Rd. W

Suite 203P O Box 357

Vail, CO 81658ph: (970) 476-2251fax: (970) 476-4534

AVON0090 Benchmark Rd

Suite 205P O Box 3480

Avon, CO 81620ph: (970) 949-5099fax: (970) 949-4892

EAGLE65 Market Street

Suite 4P O Box 4420

Eagle, CO 81631ph: (970) 328-5065fax: (970) 328-5064

Compliments of:Trevor [email protected]

Bob [email protected]

Residential Improved TransactionsExcludes: Vacant Land and Commercial

December 2008Eagle County, Colorado

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information