0309 land title's market analysis.pdf

E

P

Eag

Please c

H

gle C

contact

Highland

Cou

M

KentoDL

t us at (

ds Lodg

unt

Marc‐ PRES

on HopkDavid MLand Tit

970) 84

ge Offic

y M

ch 2SENTED

kins MRMcHughtle Gua

45‐8053

e in Bea

Mar

200D BY ‐

RE, CRS, e‐PROrantee

3 for ad

aver Cr

rket

09

, GRI

ditiona

reek, Co

t Da

al inform

olorado

ata

mation

o

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% $59,372,400 26%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 $527,003,900 104% $693,162,500 132% $559,723,700 81% $156,620,700 28%

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% 44 30%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 627 88% 658 105% 380 58% 145 38%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

March 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


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

AreaTotal Dollar

Volume% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail $0 0.00% 0 0.00% $0 $0

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 $8,320,000 14.01% 6 13.64% $1,386,667 $660,000

Lionshead $9,150,000 15.41% 1 2.27% $9,150,000 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 $925,000 1.56% 1 2.27% $925,000 n/a

Cascade Village, Glen Lyon $2,000,000 3.37% 1 2.27% $2,000,000 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 $1,800,000 3.03% 2 4.55% $900,000 n/a

Minturn, Redcliff $0 0.00% 0 0.00% $0 n/a

Eagle Vail $1,506,300 2.54% 3 6.82% $502,100 $511,300

Avon $200,000 0.34% 2 4.55% $100,000 n/a

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

Wildridge $0 0.00% 0 0.00% $0 $0

Beaver Creek $11,953,200 20.13% 5 11.36% $2,390,640 $1,900,000

Bachelor Gulch $2,750,000 4.63% 1 2.27% $2,750,000 n/a

Arrowhead $2,000,000 3.37% 1 2.27% $2,000,000 n/a

Berry Creek, Singletree $3,101,200 5.22% 3 6.82% $1,033,733 $870,000

Edwards $2,727,100 4.59% 4 9.09% $681,775 $785,000

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 $6,100,000 10.27% 1 2.27% $6,100,000 n/a

Cordillera $1,600,000 2.69% 1 2.27% $1,600,000 n/a

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

Bellyache, Red Sky $1,200,000 2.02% 1 2.27% $0 n/a

Eagle $2,132,600 3.59% 7 15.91% $304,657 $224,800

Gypsum $310,000 0.52% 1 2.27% $310,000 n/a

Basalt, El Jebel and Misc. In-County $1,597,000 2.69% 3 6.82% $532,333 $550,000

TOTAL $59,372,400 100.00% 44 100.00% $1,349,373 $630,000Please 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

March, 2009Eagle County, Colorado



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



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


Suite 4P O Box 4420

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




SaleNumber of

Transactions Total Dollar Volume Average Sales Price SaleNumber of

TransactionsTotal Dollar

VolumeAverage Sales

PriceUnder $500,000 8 $2,911,900 $363,988 Single Family 16 $26,749,600 $1,671,850

$500,001 to $1,000,000 11 $8,058,300 $732,573 Multi Family 18 $30,109,300 $1,672,739$1,000,001 to $1,500,000 2 $2,500,000 $1,250,000 Vacant Residential Land 1 $150,000 $150,000$1,500,001 to $2,000,000 6 $10,788,700 $1,798,117$2,000,001 to $2,500,000 1 $2,100,000 $2,100,000$2,500,001 to $3,000,000 1 $2,750,000 $2,750,000$3,000,001 to $3,500,000 2 $6,400,000 $3,200,000$3,500,001 to $4,000,000 0 $0 $0$4,000,001 to $4,500,000 0 $0 $0$4,500,001 to 5,000,000 0 $0 $0

Over $5 Million 3 $21,350,000 $7,116,667Improved Residential Total: 34 $56,858,900 $1,672,321 Total 35 $57,008,900 $1,628,826Residential Vacant Land and

Commercial Total*: 11 $2,513,500 $228,500



* includes all non-improved residential transactions

Imp

rove

d R

esid

enti

al

Total Number of Transactions

Under $500,000

24%

$500,001 to $1,000,000

32%

Over 2 Million20%

$1,000,001 to

$1,500,0006%

$1,500,001 to

$2,000,00018%

Total Dollar Volume

$500,001 to $1,000,000

14%

$1,000,001 to

$1,500,0004%

$1,500,001 to

$2,000,00019%

Over 2 Million58%

Under $500,000

5%

All Residential TransactionsMarch, 2009



SaleNumber of

Transactions Total Dollar Volume Average Sales Price SaleNumber of

TransactionsTotal Dollar

VolumeAverage Sales

PriceUnder $500,000 22 $7,923,600 $360,164 Single Family 44 $60,670,900 $1,378,884

$500,001 to $1,000,000 33 $25,312,800 $767,055 Multi Family 45 $70,051,200 $1,556,693$1,000,001 to $1,500,000 10 $12,728,000 $1,272,800 Vacant Residential Land 8 $6,223,000 $777,875$1,500,001 to $2,000,000 7 $12,788,700 $1,826,957$2,000,001 to $2,500,000 2 $4,600,000 $2,300,000$2,500,001 to $3,000,000 2 $5,300,000 $2,650,000$3,000,001 to $3,500,000 5 $15,944,000 $3,188,800$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 6 $37,775,000 $6,295,833Improved Residential Total: 89 $130,722,100 $1,468,788 Total 97 $136,945,100 $1,411,805Residential Vacant Land and

Commercial Total*: 57 $25,898,600 $454,361



Imp

rove

d R

esid

enti

al

All Residential TransactionsYear End - 2008


Total Number of Transactions

Under $500,000

25%

$500,001 to $1,000,000

37%

Over 2 Million19%

$1,000,001 to

$1,500,00011%

$1,500,001 to

$2,000,0008%

Total Dollar Volume

$500,001 to $1,000,000

19%

$1,000,001 to

$1,500,00010%

$1,500,001 to

$2,000,00010%

Over 2 Million55%

Under $500,000

6%

All Residential TransactionsYear to Date; Through March - 2009



SaleNumber of

TransactionsTotal

Dollar VolumeAverage

Sales PriceYTD Number of Transactions

YTD Total Dollar Volume

YTD Average Sales Price

Commercial Improved 2 $675,000 $337,500 8 $5,399,000 $674,875Commercial Vacant 3 $307,800 $102,600 19 $3,537,000 $186,158Development Vacant 0 $0 $0 0 $0 $0

Total 5 $982,800 $196,560 27 $8,936,000 $330,963



Commercial TransactionsMarch, 2009



AreaTotal Dollar

Volume% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail $7,935,000 5.07% 9 6.21% $881,667 $500,000

Booth Creek, The Falls $0 0.00% 0 0.00% $0 n/a

11th Filing, Vail Golf Course $962,500 0.61% 1 0.69% $962,500 n/a

Vail Village $21,871,800 13.96% 25 17.24% $874,872 $420,000

Lionshead $15,100,000 9.64% 2 1.38% $7,550,000 n/a

Spraddle Creek $0 0.00% 0 0.00% $0 n/a

Potato Patch $0 0.00% 0 0.00% $0 n/aLionsridge, Sandstone, The Ridge, The Valley $3,105,000 1.98% 4 2.76% $776,250 $837,500

Cascade Village, Glen Lyon $3,200,000 2.04% 2 1.38% $1,600,000 n/aBuffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $0 0.00% 0 0.00% $0 n/a

Highland Meadows $0 0.00% 0 0.00% $0 n/aIntermountain, Matterhorn, Vail Village West $1,800,000 1.15% 2 1.38% $0 n/a

Minturn, Redcliff $255,000 0.16% 1 0.69% $255,000 n/a

Eagle Vail $1,891,300 1.21% 4 2.76% $472,825 $448,150

Avon $5,566,500 3.55% 9 6.21% $618,500 $427,500

Mountain Star $0 0.00% 0 0.00% $0 n/a

Wildridge $1,618,500 1.03% 2 1.38% $809,250 n/a

Beaver Creek $26,027,200 16.62% 12 8.28% $2,168,933 $1,900,000

Bachelor Gulch $7,000,000 4.47% 2 1.38% $3,500,000 n/a

Arrowhead $13,928,500 8.89% 7 4.83% $1,989,786 $2,000,000

Berry Creek, Singletree $5,603,200 3.58% 6 4.14% $933,867 $831,000

Edwards $4,612,700 2.95% 9 6.21% $512,522 $450,000

Homestead, South 40 $0 0.00% 0 0.00% $0 n/a

Lake Creek, Squaw Creek $0 0.00% 0 0.00% $0 n/a

Cordillera Valley Club $6,953,000 4.44% 4 2.76% $1,738,250 $326,500

Cordillera $6,195,000 3.96% 6 4.14% $1,032,500 $1,037,500

Wolcott $0 0.00% 0 0.00% $0 n/a

Bellyache, Red Sky $1,200,000 0.77% 1 0.69% $0 n/a

Eagle $9,163,400 5.85% 19 13.10% $482,284 $440,000

Gypsum $2,187,600 1.40% 10 6.90% $218,760 $291,500

Basalt, El Jebel and Misc. In-County $10,444,500 6.67% 8 5.52% $1,305,563 $564,750

TOTAL $156,620,700 100.00% 145 100.00% $1,080,143 $587,500Please 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.


Year End - 2008Eagle County, Colorado



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



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


Suite 4P O Box 4420

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




Year to Date; Through March - 2009Eagle County, Colorado



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



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


Suite 4P O Box 4420

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


AreaTotal Dollar

Volume% of

VolumeNumber of

Transactions% of

TransactionsAverage

Transaction PriceMedian

Transaction PriceAvg. Price/sq.

ft

Bighorn, East Vail $0 0.00% 0 0.00% $0 $0 $0

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 $7,300,000 12.84% 3 8.82% $2,433,333 $3,200,000 $1,749

Lionshead $9,150,000 16.09% 1 2.94% $9,150,000 n/a $1,726

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 $925,000 1.63% 1 2.94% $925,000 n/a $437

Cascade Village, Glen Lyon $2,000,000 3.52% 1 2.94% $2,000,000 n/a $724Buffer 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 $1,800,000 3.17% 2 5.88% $900,000 n/a $397

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

Eagle Vail $1,251,300 2.20% 2 5.88% $625,650 n/a $313

Avon $100,000 0.18% 1 2.94% $100,000 n/a $159

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

Wildridge $0 0.00% 0 0.00% $0 n/a $0

Beaver Creek $11,652,500 20.49% 4 11.76% $2,913,125 $2,000,000 $842

Bachelor Gulch $2,750,000 4.84% 1 2.94% $2,750,000 n/a $723

Arrowhead $2,000,000 3.52% 1 2.94% $2,000,000 n/a $692

Berry Creek, Singletree $3,101,200 5.45% 3 8.82% $1,033,733 $870,000 $350

Edwards, Scottsville $2,727,100 4.80% 4 11.76% $681,775 $785,000 $364

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 $6,100,000 10.73% 1 2.94% $6,100,000 n/a $649

Cordillera $1,600,000 2.81% 1 2.94% $1,600,000 n/a $291

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

Bellyache, Red Sky, Wolcott South of I-70 $1,200,000 2.11% 1 2.94% $1,200,000 n/a $298

Eagle $1,294,800 2.28% 3 8.82% $431,600 $440,000 $227

Gypsum $310,000 0.55% 1 2.94% $310,000 n/a $213

Basalt, El Jebel and Misc. In-County $1,597,000 2.81% 3 8.82% $532,333 $550,000 $277

TOTAL $56,858,900 100.00% 34 100.00% $1,672,321 $870,000 $598Please 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.



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



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


Suite 4P O Box 4420

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



Residential Improved TransactionsExcludes: Vacant Land and Commercial

March, 2009Eagle County, Colorado


0309 land title's market analysis.pdf

Documents