1108 land title's market analysis.pdf

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Page 1: 1108 Land Title's Market Analysis.PDF

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Page 2: 1108 Land Title's Market Analysis.PDF

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% 0%

YTD - TOTAL $2,577,837,002 132% $2,504,951,100 97% $2,757,758,500 110% $2,009,768,600 73%

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% 0%

YTD - TOTAL 3,692 122% 2,840 77% 2,539 89% 1,504 59%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

November 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: 1108 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 $0 0.00% 0 0.00% $0 $0

Booth Creek, The Falls $500,000 0.29% 1 0.83% $500,000 n/a

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

Vail Village $83,848,200 48.15% 14 11.67% $5,989,157 $3,950,000

Lionshead $7,693,000 4.42% 2 1.67% $3,846,500 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 $2,712,500 1.56% 1 0.83% $2,712,500 n/a

Cascade Village, Glen Lyon $0 0.00% 0 0.00% $0 $0Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $355,000 0.20% 1 0.83% $355,000 n/a

Highland Meadows $0 0.00% 0 0.00% $0 $0Intermountain, Matterhorn, Vail Village West $4,150,000 2.38% 3 2.50% $1,383,333 $1,125,000

Minturn, Redcliff $1,820,000 1.05% 1 0.83% $1,820,000 n/a

Eagle Vail $3,899,000 2.24% 8 6.67% $487,375 $389,000

Avon $27,877,700 16.01% 34 28.33% $819,932 $527,300

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

Wildridge $2,650,000 1.52% 1 0.83% $2,650,000 n/a

Beaver Creek $7,668,000 4.40% 3 2.50% $2,556,000 $1,850,000

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

Arrowhead $2,075,500 1.19% 1 0.83% $2,075,500 n/a

Berry Creek, Singletree $975,000 0.56% 1 0.83% $975,000 n/a

Edwards $4,371,800 2.51% 4 3.33% $1,092,950 $538,700

Homestead, South 40 $1,415,400 0.81% 3 2.50% $471,800 $515,000

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

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

Cordillera $1,500,000 0.86% 1 0.83% $1,500,000 n/a

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

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

Eagle $7,824,400 4.49% 18 15.00% $434,689 $482,500

Gypsum $5,540,900 3.18% 17 14.17% $325,935 $312,500

Basalt, El Jebel and Misc. In-County $7,268,000 4.17% 6 5.00% $1,211,333 $812,500

TOTAL $174,144,400 100.00% 120 100.00% $1,451,203 $527,300Please 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

November 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: 1108 Land Title's Market Analysis.PDF

SaleNumber of

Transactions Total Dollar Volume Average Sales Price SaleNumber of

TransactionsTotal Dollar

VolumeAverage Sales

PriceUnder $500,000 37 $14,660,700 $396,235 Single Family 36 $46,791,100 $1,299,753

$500,001 to $1,000,000 23 $14,860,700 $646,117 Multi Family 63 $119,937,700 $1,903,773$1,000,001 to $1,500,000 14 $18,074,900 $1,291,064 Vacant Residential Land 0 $0 $0$1,500,001 to $2,000,000 2 $3,425,000 $1,712,500$2,000,001 to $2,500,000 3 $6,516,300 $2,172,100$2,500,001 to $3,000,000 4 $10,962,500 $2,740,625$3,000,001 to $3,500,000 2 $6,750,000 $3,375,000$3,500,001 to $4,000,000 6 $23,118,700 $3,853,117$4,000,001 to $4,500,000 1 $4,243,000 $4,243,000$4,500,001 to 5,000,000 0 $0 $0

Over $5 Million 7 $64,117,000 $9,159,571Improved Residential Total: 99 $166,728,800 $1,684,129 Total 99 $166,728,800 $1,684,129Residential Vacant Land and

Commercial Total*: 21 $7,415,600 $353,124

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

38%

$500,001 to $1,000,000

23%

Over 2 Million23%

$1,000,001 to

$1,500,00014%

$1,500,001 to

$2,000,0002%

Total Dollar Volume

$500,001 to $1,000,000

9%

$1,000,001 to

$1,500,00011%

$1,500,001 to

$2,000,0002%

Over 2 Million69%

Under $500,000

9%

All Residential TransactionsNovember 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: 1108 Land Title's Market Analysis.PDF

SaleNumber of

Transactions Total Dollar Volume Average Sales Price SaleNumber of

TransactionsTotal Dollar

VolumeAverage Sales

PriceUnder $500,000 398 $148,845,700 $373,984 Single Family 463 $728,039,800 $1,572,440

$500,001 to $1,000,000 377 $263,078,700 $697,821 Multi Family 748 $983,964,400 $1,315,460$1,000,001 to $1,500,000 117 $143,832,500 $1,229,338 Vacant Residential Land 76 $43,054,000 $566,500$1,500,001 to $2,000,000 83 $142,652,600 $1,718,706$2,000,001 to $2,500,000 65 $149,433,000 $2,298,969$2,500,001 to $3,000,000 42 $116,155,100 $2,765,598$3,000,001 to $3,500,000 15 $50,319,500 $3,354,633$3,500,001 to $4,000,000 27 $101,899,700 $3,774,063$4,000,001 to $4,500,000 16 $69,188,500 $4,324,281$4,500,001 to 5,000,000 12 $57,753,000 $4,812,750

Over $5 Million 59 $468,845,900 $7,946,541Improved Residential Total: 1211 $1,712,004,200 $1,413,711 Total 1287 $1,755,058,200 $1,363,682Residential Vacant Land and

Commercial Total*: 293 $297,764,400 $1,016,261

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

$2,000,0007%

$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 TransactionsThrough November 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: 1108 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 11 $4,779,800 $434,527 83 $97,732,100 $1,177,495Commercial Vacant 5 $1,820,900 $364,180 39 $20,978,200 $537,903Development Vacant 0 $0 $0 5 $49,287,800 $9,857,560

Total 16 $6,600,700 $412,544 127 $167,998,100 $1,322,820

Compliments of:Trevor [email protected]

Bob [email protected]

Commercial TransactionsNovember 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: 1108 Land Title's Market Analysis.PDF

AreaTotal Dollar

Volume% of

VolumeNumber of

Transactions% of

TransactionsAverage

Transaction PriceMedian

Transaction Price

Bighorn, East Vail $50,655,400 2.52% 59 3.92% $858,566 $538,750

Booth Creek, The Falls $1,772,000 0.09% 3 0.20% $590,667 $636,000

11th Filing, Vail Golf Course $25,354,000 1.26% 11 0.73% $2,304,909 $2,312,500

Vail Village $275,110,300 13.69% 64 4.26% $4,298,598 $3,518,200

Lionshead $334,633,800 16.65% 102 6.78% $3,280,724 $2,595,000

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

Potato Patch $3,125,000 0.16% 2 0.13% $1,562,500 n/aLionsridge, Sandstone, The Ridge, The Valley $16,216,700 0.81% 25 1.66% $648,668 $474,000

Cascade Village, Glen Lyon $11,594,000 0.58% 5 0.33% $2,318,800 $1,549,000Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $7,219,000 0.36% 11 0.73% $656,273 $528,500

Highland Meadows $12,199,100 0.61% 7 0.47% $1,742,729 $1,425,000Intermountain, Matterhorn, Vail Village West $27,419,600 1.36% 26 1.73% $1,054,600 $700,000

Minturn, Redcliff $12,407,000 0.62% 20 1.33% $620,350 $515,000

Eagle Vail $66,047,900 3.29% 59 3.92% $1,119,456 $540,500

Avon $106,024,400 5.28% 157 10.44% $675,315 $441,800

Mountain Star $12,075,000 0.60% 7 0.47% $1,725,000 $1,350,000

Wildridge $24,010,500 1.19% 28 1.86% $857,518 $550,000

Beaver Creek $189,825,700 9.45% 83 5.52% $2,287,057 $1,647,500

Bachelor Gulch $108,910,900 5.42% 31 2.06% $3,513,255 $2,662,500

Arrowhead $100,081,100 4.98% 48 3.19% $2,085,023 $1,275,000

Berry Creek, Singletree $44,003,000 2.19% 39 2.59% $1,128,282 $935,000

Edwards $61,173,300 3.04% 83 5.52% $737,028 $399,100

Homestead, South 40 $21,089,300 1.05% 33 2.19% $639,070 $525,000

Lake Creek, Squaw Creek $38,173,700 1.90% 16 1.06% $2,385,856 $3,577,000

Cordillera Valley Club $10,304,600 0.51% 8 0.53% $1,288,075 $895,000

Cordillera $69,106,400 3.44% 44 2.93% $1,570,600 $1,235,000

Wolcott $785,000 0.04% 2 0.13% $392,500 n/a

Bellyache, Red Sky $10,985,300 0.55% 6 0.40% $1,830,883 $1,875,000

Eagle $117,247,000 5.83% 207 13.76% $566,411 $447,000

Gypsum $107,103,800 5.33% 142 9.44% $754,252 $380,000

Basalt, El Jebel and Misc. In-County $145,115,800 7.22% 176 11.70% $824,522 $627,800

TOTAL $2,009,768,600 100.00% 1504 100.00% $1,336,282 $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

Through November 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: 1108 Land Title's Market Analysis.PDF

AreaTotal Dollar

Volume% of

VolumeNumber of

Transactions% of

TransactionsAverage

Transaction PriceMedian

Transaction Price

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

Booth Creek, The Falls $500,000 0.30% 1 1.01% $500,000 n/a

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

Vail Village $83,535,700 50.10% 13 13.13% $6,425,823 $3,975,000

Lionshead $7,693,000 4.61% 2 2.02% $3,846,500 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 $2,712,500 1.63% 1 1.01% $2,712,500 n/a

Cascade Village, Glen Lyon $0 0.00% 0 0.00% $0 $0Buffer 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 $4,150,000 2.49% 3 3.03% $1,383,333 $1,125,000

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

Eagle Vail $2,349,000 1.41% 5 5.05% $469,800 $465,000

Avon $27,632,700 16.57% 33 33.33% $837,355 $527,300

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

Wildridge $2,650,000 1.59% 1 1.01% $2,650,000 n/a

Beaver Creek $7,668,000 4.60% 3 3.03% $2,556,000 $1,850,000

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

Arrowhead $2,075,500 1.24% 1 1.01% $2,075,500 n/a

Berry Creek, Singletree $975,000 0.58% 1 1.01% $975,000 n/a

Edwards, Scottsville $3,337,000 2.00% 2 2.02% $1,668,500 n/a

Homestead, South 40 $1,415,400 0.85% 3 3.03% $471,800 $515,000

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

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

Cordillera $1,500,000 0.90% 1 1.01% $1,500,000 n/a

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 $6,261,000 3.76% 11 11.11% $569,182 $574,500

Gypsum $5,029,000 3.02% 13 13.13% $386,846 $376,500

Basalt, El Jebel and Misc. In-County $7,245,000 4.35% 5 5.05% $1,449,000 $912,200

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.

TOTAL $166,728,800 100% $594,500$1,684,129100%99

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

November 2008Eagle County, Colorado

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