0209 land title's market analysis.pdf

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E F Kento D L kins MR McHugh tle Gua RE, CRS, e‐PRO rantee on Hopk David M Land Tit SENTED mation Highland olorado ds Lodg contact 970) 84 reek, Co al inform Please c ditiona aver Cr e in Bea 3 for ad ge Offic 45‐8053 , GRI H ‐ PRES t us at ( D BY ‐ o P

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Page 1: 0209 Land Title's Market Analysis.PDF

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Page 2: 0209 Land Title's Market Analysis.PDF

Month 2006% of

Previous Year

2007% of

Previous Year

2008% of

Previous Year

2009% of

Previous Year

January $138,340,500 104% $173,416,500 125% $124,253,400 72% $40,487,500 33%February $149,697,700 87% $253,057,700 169% $207,081,600 82% $56,760,800 27%March $238,965,700 118% $266,688,300 112% $228,388,700 86%April $183,511,300 81% $233,926,100 127% $137,700,500 59%May $257,872,000 122% $301,894,600 117% $158,543,900 53%June $277,390,500 101% $332,660,200 120% $188,121,300 57%July $214,424,600 98% $190,341,400 89% $243,432,100 128%August $258,099,400 110% $313,687,200 122% $211,288,800 67%September $259,621,200 91% $260,515,200 100% $169,448,700 65%October $228,350,800 88% $215,096,100 94% $167,365,200 78%November $298,677,400 83% $216,475,200 72% $174,144,400 80%December $249,220,500 112% $202,738,700 81% $225,150,500 111%

YTD - TOTAL $288,038,200 94% $426,474,200 148% $331,335,000 78% $97,248,300 29%

Month 2006% of

Previous Year

2007% of

Previous Year

2008% of

Previous Year

2009% of

Previous Year

January 182 94% 175 96% 104 59% 46 44%February 186 89% 273 147% 131 48% 55 42%March 259 83% 210 81% 145 69%April 233 62% 221 95% 117 53%May 290 76% 266 92% 107 40%June 326 88% 286 88% 172 60%July 261 80% 204 78% 157 77%August 292 86% 285 98% 110 39%September 278 67% 248 89% 166 67%October 269 73% 181 67% 175 97%November 264 64% 190 72% 120 63%December 275 83% 149 54% 102 68%

YTD - TOTAL 368 92% 448 122% 235 52% 101 43%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

February 2009

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: 0209 Land Title's Market Analysis.PDF

AreaTotal Dollar

Volume% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail $2,450,000 4.32% 5 9.09% $490,000 $490,000

Booth Creek, The Falls $0 0.00% 0 0.00% $0 $0

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

Vail Village $4,014,300 7.07% 8 14.55% $501,788 $387,500

Lionshead $5,950,000 10.48% 1 1.82% $5,950,000 n/a

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 $1,000,000 1.76% 1 1.82% $1,000,000 n/a

Cascade Village, Glen Lyon $1,200,000 2.11% 1 1.82% $1,200,000 n/aBuffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $0 0.00% 0 0.00% $0 $0

Highland Meadows $0 0.00% 0 0.00% $0 $0Intermountain, Matterhorn, Vail Village West $0 0.00% 0 0.00% $0 $0

Minturn, Redcliff $255,000 0.45% 1 1.82% $255,000 n/a

Eagle Vail $0 0.00% 0 0.00% $0 $0

Avon $3,228,500 5.69% 3 5.45% $1,076,167 $1,301,500

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

Wildridge $1,618,500 2.85% 2 3.64% $809,250 n/a

Beaver Creek $10,454,000 18.42% 4 7.27% $2,613,500 $2,772,000

Bachelor Gulch $4,250,000 7.49% 1 1.82% $4,250,000 n/a

Arrowhead $10,848,500 19.11% 5 9.09% $2,169,700 $2,000,000

Berry Creek, Singletree $985,000 1.74% 1 1.82% $985,000 n/a

Edwards $1,326,600 2.34% 4 7.27% $331,650 $350,800

Homestead, South 40 $0 0.00% 0 0.00% $0 $0

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

Cordillera Valley Club $558,000 0.98% 2 3.64% $279,000 n/a

Cordillera $2,845,000 5.01% 3 5.45% $948,333 $925,000

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

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

Eagle $4,149,800 7.31% 6 10.91% $691,633 $481,000

Gypsum $1,127,600 1.99% 6 10.91% $187,933 $185,250

Basalt, El Jebel and Misc. In-County $500,000 0.88% 1 1.82% $500,000 n/a

TOTAL $56,760,800 100.00% 55 100.00% $1,088,740 $500,000Please 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

February 2009Eagle 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: 0209 Land Title's Market Analysis.PDF

SaleNumber of

Transactions Total Dollar Volume Average Sales Price SaleNumber of

TransactionsTotal Dollar

VolumeAverage Sales

PriceUnder $500,000 8 $2,921,200 $365,150 Single Family 13 $17,229,800 $1,325,369

$500,001 to $1,000,000 9 $7,723,500 $858,167 Multi Family 15 $26,881,900 $1,792,127$1,000,001 to $1,500,000 3 $3,723,000 $1,241,000 Vacant Residential Land 3 $1,278,000 $426,000$1,500,001 to $2,000,000 1 $2,000,000 $2,000,000$2,000,001 to $2,500,000 1 $2,500,000 $2,500,000$2,500,001 to $3,000,000 1 $2,550,000 $2,550,000$3,000,001 to $3,500,000 1 $3,044,000 $3,044,000$3,500,001 to $4,000,000 0 $0 $0$4,000,001 to $4,500,000 2 $8,350,000 $4,175,000$4,500,001 to 5,000,000 0 $0 $0

Over $5 Million 2 $11,300,000 $5,650,000Improved Residential Total: 28 $44,111,700 $1,575,418 Total 31 $45,389,700 $1,464,184Residential Vacant Land and

Commercial Total*: 27 $12,649,100 $468,485

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

28%

$500,001 to $1,000,000

32%

Over 2 Million25%

$1,000,001 to

$1,500,00011%

$1,500,001 to

$2,000,0004%

Total Dollar Volume

$500,001 to $1,000,000

17%

$1,000,001 to

$1,500,0008%

$1,500,001 to

$2,000,0005%

Over 2 Million63%

Under $500,000

7%

All Residential TransactionsFebruary 2009

Eagle County, Colorado

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

Page 5: 0209 Land Title's Market Analysis.PDF

SaleNumber of

Transactions Total Dollar Volume Average Sales Price SaleNumber of

TransactionsTotal Dollar

VolumeAverage Sales

PriceUnder $500,000 14 $5,011,700 $357,979 Single Family 28 $33,921,300 $1,211,475

$500,001 to $1,000,000 22 $17,254,500 $784,295 Multi Family 27 $39,941,900 $1,479,330$1,000,001 to $1,500,000 8 $10,228,000 $1,278,500 Vacant Residential Land 7 $6,073,000 $867,571$1,500,001 to $2,000,000 1 $2,000,000 $2,000,000$2,000,001 to $2,500,000 1 $2,500,000 $2,500,000$2,500,001 to $3,000,000 1 $2,550,000 $2,550,000$3,000,001 to $3,500,000 3 $9,544,000 $3,181,333$3,500,001 to $4,000,000 0 $0 $0$4,000,001 to $4,500,000 2 $8,350,000 $4,175,000$4,500,001 to 5,000,000 0 $0 $0

Over $5 Million 3 $16,425,000 $5,475,000Improved Residential Total: 55 $73,863,200 $1,342,967 Total 62 $79,936,200 $1,289,294Residential Vacant Land and

Commercial Total*: 46 $23,385,100 $508,372

Compliments of:Trevor [email protected]

Bob [email protected]

Imp

rove

d R

esid

enti

al

All Residential TransactionsYear End - 2008

Eagle County, Colorado

Total Number of Transactions

Under $500,000

25%

$500,001 to $1,000,000

40%

Over 2 Million18%

$1,000,001 to

$1,500,00015%

$1,500,001 to

$2,000,0002%

Total Dollar Volume

$500,001 to $1,000,000

23%

$1,000,001 to

$1,500,00014%

$1,500,001 to

$2,000,0003%

Over 2 Million53%

Under $500,000

7%

All Residential TransactionsYear to Date; Through February - 2009

Eagle County, Colorado

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

Page 6: 0209 Land Title's Market Analysis.PDF

SaleNumber of

TransactionsTotal

Dollar VolumeAverage

Sales PriceYTD Number of Transactions

YTD Total Dollar Volume

YTD Average Sales Price

Commercial Improved 5 $4,165,000 $833,000 6 $4,724,000 $787,333Commercial Vacant 7 $1,769,700 $252,814 16 $3,229,200 $201,825Development Vacant 0 $0 $0 0 $0 $0

Total 12 $5,934,700 $494,558 22 $7,953,200 $361,509

Compliments of:Trevor [email protected]

Bob [email protected]

Commercial TransactionsFebruary 2009

Eagle County, Colorado

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

Page 7: 0209 Land Title's Market Analysis.PDF

AreaTotal Dollar

Volume% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail $7,935,000 8.16% 9 8.91% $881,667 $500,000

Booth Creek, The Falls $0 0.00% 0 0.00% $0 $0

11th Filing, Vail Golf Course $962,500 0.99% 1 0.99% $962,500 n/a

Vail Village $13,551,800 13.94% 19 18.81% $713,253 $325,000

Lionshead $5,950,000 6.12% 1 0.99% $5,950,000 n/a

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 $2,180,000 2.24% 3 2.97% $726,667 $750,000

Cascade Village, Glen Lyon $1,200,000 1.23% 1 0.99% $1,200,000 n/aBuffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $0 0.00% 0 0.00% $0 $0

Highland Meadows $0 0.00% 0 0.00% $0 $0Intermountain, Matterhorn, Vail Village West $0 0.00% 0 0.00% $0 $0

Minturn, Redcliff $255,000 0.26% 1 0.99% $255,000 n/a

Eagle Vail $385,000 0.40% 1 0.99% $385,000 n/a

Avon $5,366,500 5.52% 7 6.93% $766,643 $580,000

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

Wildridge $1,618,500 1.66% 2 1.98% $809,250 n/a

Beaver Creek $14,074,000 14.47% 7 6.93% $2,010,571 $2,000,000

Bachelor Gulch $4,250,000 4.37% 1 0.99% $4,250,000 n/a

Arrowhead $11,928,500 12.27% 6 5.94% $1,988,083 $1,500,000

Berry Creek, Singletree $2,502,000 2.57% 3 2.97% $834,000 $792,000

Edwards $1,885,600 1.94% 5 4.95% $377,120 $384,000

Homestead, South 40 $0 0.00% 0 0.00% $0 $0

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

Cordillera Valley Club $853,000 0.88% 3 2.97% $284,333 $295,000

Cordillera $4,595,000 4.73% 5 4.95% $919,000 $925,000

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

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

Eagle $7,030,800 7.23% 12 11.88% $585,900 $537,500

Gypsum $1,877,600 1.93% 9 8.91% $208,622 $273,000

Basalt, El Jebel and Misc. In-County $8,847,500 9.10% 5 4.95% $1,769,500 $760,000

TOTAL $97,248,300 100.00% 101 100.00% $962,854 $562,500Please 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.

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]

Market Analysis by AreaIncludes: Commercial, Residential and Vacant Land

Year to Date; Through February - 2009Eagle 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

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

Page 8: 0209 Land Title's Market Analysis.PDF

Area Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Avg. Price/sq. ft

Bighorn, East Vail $1,300,000 2.95% 2 7.14% $650,000 n/a $560

Booth Creek, The Falls $0 0.00% 0 0.00% $0 $0 $0

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

Vail Village $1,323,000 3.00% 1 3.57% $1,323,000 n/a $1,287

Lionshead $5,950,000 13.49% 1 3.57% $5,950,000 n/a $2,267

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

Potato Patch $0 0.00% 0 0.00% $0 $0 $0Lionsridge, Sandstone, The Ridge, The Valley $1,000,000 2.27% 1 3.57% $1,000,000 n/a $509

Cascade Village, Glen Lyon $1,200,000 2.72% 1 3.57% $1,200,000 n/a $1,069Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $0 0.00% 0 0.00% $0 $0 $0

Highland Meadows $0 0.00% 0 0.00% $0 $0 $0Intermountain, Matterhorn, Vail Village West $0 0.00% 0 0.00% $0 $0 $0

Minturn, Redcliff $0 0.00% 0 0.00% $0 $0 $0

Eagle Vail $0 0.00% 0 0.00% $0 $0 $0

Avon $415,000 0.94% 1 3.57% $415,000 n/a $988

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

Wildridge $1,618,500 3.67% 2 7.14% $809,250 n/a $232

Beaver Creek $9,644,000 21.86% 3 10.71% $3,214,667 $3,044,000 $979

Bachelor Gulch $4,250,000 9.63% 1 3.57% $4,250,000 n/a $913

Arrowhead $10,750,000 24.37% 4 14.29% $2,687,500 $2,275,000 $701

Berry Creek, Singletree $985,000 2.23% 1 3.57% $985,000 n/a $344

Edwards, Scottsville $450,000 1.02% 1 3.57% $450,000 n/a $342

Homestead, South 40 $0 0.00% 0 0.00% $0 $0 $0

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

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

Cordillera $2,125,000 4.82% 2 7.14% $1,062,500 n/a $223

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

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

Eagle $2,119,900 4.81% 4 14.29% $529,975 $481,000 $199

Gypsum $981,300 2.22% 3 10.71% $327,100 $348,300 $209

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

TOTAL $44,111,700 100.00% 28 100.00% $1,575,418 $925,000 $619Please 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

February 2009Eagle County, Colorado

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