market data - june 2009
DESCRIPTION
June 2009 Market Data provided by BeaverCreekOnline.com and David McHugh and Kenton Hopkins.TRANSCRIPT
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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% $57,947,000 42%May $257,872,000 122% $301,894,600 117% $158,543,900 53% $70,751,600 45%June $277,390,500 101% $332,660,200 120% $188,121,300 57% $95,286,400 51%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 $1,245,777,700 102% $1,561,643,400 125% $1,044,089,400 67% $380,605,700 36%Year End Total $2,754,171,600 98% $2,960,497,200 107% $2,234,919,100 75%
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% 54 46%May 290 76% 266 92% 107 40% 79 74%June 326 88% 286 88% 172 60% 78 45%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 1,476 80% 1,431 97% 776 54% 356 46%Year End Total 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
June 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]
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 $912,500 0.96% 1 1.28% $912,500 n/a
11th Filing, Vail Golf Course $0 0.00% 0 0.00% $0 $0
Vail Village $1,853,800 1.95% 4 5.13% $463,450 $457,450
Lionshead $5,037,500 5.29% 2 2.56% $2,518,750 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 $1,178,700 1.24% 3 3.85% $392,900 $287,500
Cascade Village, Glen Lyon $0 0.00% 0 0.00% $0 $0Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $432,400 0.45% 2 2.56% $216,200 $400,000
Highland Meadows $0 0.00% 0 0.00% $0 $0Intermountain, Matterhorn, Vail Village West $693,800 0.73% 2 2.56% $346,900 n/a
Minturn, Redcliff $1,569,000 1.65% 2 2.56% $784,500 n/a
Eagle Vail $2,530,000 2.66% 4 5.13% $632,500 $622,500
Avon $698,200 0.73% 2 2.56% $349,100 n/a
Mountain Star $15,500,000 16.27% 1 1.28% $15,500,000 n/a
Wildridge $2,092,800 2.20% 3 3.85% $697,600 $565,000
Beaver Creek $5,425,000 5.69% 2 2.56% $2,712,500 n/a
Bachelor Gulch $2,500,000 2.62% 1 1.28% $2,500,000 n/a
Arrowhead $16,550,000 17.37% 5 6.41% $3,310,000 $1,950,000
Berry Creek, Singletree $1,585,400 1.66% 1 1.28% $1,585,400 n/a
Edwards $1,290,000 1.35% 3 3.85% $430,000 $410,000
Homestead, South 40 $1,238,000 1.30% 3 3.85% $412,667 $370,000
Lake Creek, Squaw Creek $0 0.00% 0 0.00% $0 $0
Cordillera Valley Club $1,900,000 1.99% 1 1.28% $1,900,000 n/a
Cordillera $21,200,000 22.25% 1 1.28% $21,200,000 n/a
Wolcott $0 0.00% 0 0.00% $0 $0
Bellyache, Red Sky $235,000 0.25% 1 1.28% $235,000 n/a
Eagle $4,067,600 4.27% 15 19.23% $271,173 $270,000
Gypsum $3,771,600 3.96% 14 17.95% $269,400 $285,600
Basalt, El Jebel and Misc. In-County $3,025,100 3.17% 5 6.41% $605,020 $499,000
TOTAL $95,286,400 100.00% 78 100.00% $1,211,621 $400,000Please 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
June 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]
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information
SaleNumber of
Transactions Total Dollar Volume Average Sales Price SaleNumber of
TransactionsTotal Dollar
VolumeAverage Sales
PriceUnder $500,000 30 $10,551,100 $351,703 Single Family 31 $53,750,600 $1,733,890
$500,001 to $1,000,000 11 $7,380,500 $670,955 Multi Family 27 $17,207,700 $637,322$1,000,001 to $1,500,000 5 $5,778,800 $1,155,760 Vacant Residential Land 8 $1,262,500 $157,813$1,500,001 to $2,000,000 5 $8,860,400 $1,772,080$2,000,001 to $2,500,000 2 $4,687,500 $2,343,750$2,500,001 to $3,000,000 2 $5,850,000 $2,925,000$3,000,001 to $3,500,000 0 $0 $0$3,500,001 to $4,000,000 1 $3,600,000 $3,600,000$4,000,001 to $4,500,000 0 $0 $0$4,500,001 to 5,000,000 0 $0 $0
Over $5 Million 2 $24,250,000 $12,125,000Improved Residential Total: 58 $70,958,300 $1,223,419 Total 66 $72,220,800 $1,094,255Residential Vacant Land and
Commercial Total*: 20 $24,328,100 $1,216,405
Compliments of:Trevor [email protected]
* includes all non-improved residential transactions
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Total Number of Transactions
Under $500,000
51%
$500,001 to $1,000,000
19%
Over 2 Million12%
$1,000,001 to
$1,500,0009%
$1,500,001 to
$2,000,0009%
Total Dollar Volume
$500,001 to $1,000,000
10%
$1,000,001 to
$1,500,0008%
$1,500,001 to
$2,000,00013%
Over 2 Million54%
Under $500,000
15%
All Residential TransactionsJune 2009
Eagle County, Colorado
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information
SaleNumber of
Transactions Total Dollar Volume Average Sales Price SaleNumber of
TransactionsTotal Dollar
VolumeAverage Sales
PriceUnder $500,000 95 $33,073,200 $348,139 Single Family 118 $165,173,100 $1,399,772
$500,001 to $1,000,000 69 $51,103,300 $740,628 Multi Family 125 $150,195,500 $1,201,564$1,000,001 to $1,500,000 23 $28,193,300 $1,225,796 Vacant Residential Land 22 $10,081,000 $458,227$1,500,001 to $2,000,000 17 $30,929,100 $1,819,359$2,000,001 to $2,500,000 10 $23,330,700 $2,333,070$2,500,001 to $3,000,000 7 $19,720,000 $2,817,143$3,000,001 to $3,500,000 7 $22,544,000 $3,220,571$3,500,001 to $4,000,000 2 $7,600,000 $3,800,000$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 11 $90,525,000 $8,229,545Improved Residential Total: 243 $315,368,600 $1,297,813 Total 265 $325,449,600 $1,228,112Residential Vacant Land and
Commercial Total*: 113 $65,237,100 $577,319
Compliments of:Trevor [email protected]
Imp
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All Residential TransactionsYear End - 2008
Eagle County, Colorado
Total Number of Transactions
Under $500,000
39%
$500,001 to $1,000,000
28%
Over 2 Million16%
$1,000,001 to
$1,500,00010%
$1,500,001 to
$2,000,0007%
Total Dollar Volume
$500,001 to $1,000,000
16%
$1,000,001 to
$1,500,0009%
$1,500,001 to
$2,000,00010%
Over 2 Million55%
Under $500,000
10%
All Residential TransactionsYear to Date; Through June - 2009
Eagle County, Colorado
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information
SaleNumber of
TransactionsTotal
Dollar VolumeAverage
Sales PriceYTD Number of Transactions
YTD Total Dollar Volume
YTD Average Sales Price
Commercial Improved 4 $22,057,100 $5,514,275 28 $38,428,200 $1,372,436Commercial Vacant 6 $638,700 $106,450 37 $4,935,000 $133,378Development Vacant 0 $0 $0 0 $0 $0
Total 10 $22,695,800 $2,269,580 65 $43,363,200 $667,126
Compliments of:Trevor [email protected]
Commercial TransactionsJune 2009
Eagle County, Colorado
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 $8,753,500 2.30% 12 3.37% $729,458 $490,000
Booth Creek, The Falls $912,500 0.24% 1 0.28% $912,500 n/a
11th Filing, Vail Golf Course $962,500 0.25% 1 0.28% $962,500 n/a
Vail Village $51,130,600 13.43% 40 11.24% $1,278,265 $450,000
Lionshead $21,187,500 5.57% 5 1.40% $4,237,500 $2,518,750
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 $4,683,700 1.23% 8 2.25% $585,463 $550,000
Cascade Village, Glen Lyon $5,985,000 1.57% 4 1.12% $1,496,250 $1,500,000
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $4,062,300 1.07% 7 1.97% $580,329 $280,000
Highland Meadows $1,100,000 0.29% 1 0.28% $1,100,000 n/a
Intermountain, Matterhorn, Vail Village West $8,250,800 2.17% 10 2.81% $825,080 $500,000
Minturn, Redcliff $2,924,000 0.77% 4 1.12% $731,000 $784,500
Eagle Vail $5,276,300 1.39% 10 2.81% $527,630 $498,150
Avon $11,634,100 3.06% 22 6.18% $528,823 $330,000
Mountain Star $15,500,000 4.07% 1 0.28% $15,500,000 n/a
Wildridge $6,477,800 1.70% 8 2.25% $809,725 $806,750
Beaver Creek $52,876,900 13.89% 25 7.02% $2,115,076 $2,000,000
Bachelor Gulch $22,050,000 5.79% 5 1.40% $4,410,000 $4,250,000
Arrowhead $35,288,500 9.27% 17 4.78% $2,075,794 $1,600,000
Berry Creek, Singletree $9,765,600 2.57% 10 2.81% $976,560 $831,000
Edwards $9,234,300 2.43% 21 5.90% $439,729 $362,100
Homestead, South 40 $1,238,000 0.33% 3 0.84% $412,667 $370,000
Lake Creek, Squaw Creek $4,962,000 1.30% 2 0.56% $2,481,000 n/a
Cordillera Valley Club $9,114,000 2.39% 6 1.69% $1,519,000 $326,500
Cordillera $33,378,500 8.77% 11 3.09% $3,034,409 $1,150,000
Wolcott $0 0.00% 0 0.00% $0 $0
Bellyache, Red Sky $1,435,000 0.38% 2 0.56% $717,500 n/a
Eagle $18,018,800 4.73% 50 14.04% $360,376 $299,000
Gypsum $10,932,900 2.87% 38 10.67% $287,708 $300,000
Basalt, El Jebel and Misc. In-County $23,470,600 6.17% 32 8.99% $733,456 $520,000
TOTAL $380,605,700 100.00% 356 100.00% $1,069,117 $495,000Please 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]
Market Analysis by AreaIncludes: Commercial, Residential and Vacant Land
Year to Date; Through June - 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
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 $912,500 1.29% 1 1.72% $912,500 n/a $735
11th Filing, Vail Golf Course $0 0.00% 0 0.00% $0 $0 $0
Vail Village $1,484,000 2.09% 2 3.45% $742,000 n/a $1,256
Lionshead $5,037,500 7.10% 2 3.45% $2,518,750 n/a $1,321
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 $1,178,700 1.66% 3 5.17% $392,900 $287,500 $327
Cascade Village, Glen Lyon $0 0.00% 0 0.00% $0 $0 $0Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $432,400 0.61% 2 3.45% $216,200 n/a $330
Highland Meadows $0 0.00% 0 0.00% $0 $0 $0Intermountain, Matterhorn, Vail Village West $693,800 0.98% 2 3.45% $346,900 n/a $254
Minturn, Redcliff $1,569,000 2.21% 2 3.45% $784,500 n/a $409
Eagle Vail $2,530,000 3.57% 4 6.90% $632,500 $622,500 $290
Avon $698,200 0.98% 2 3.45% $349,100 n/a $567
Mountain Star $15,500,000 21.84% 1 1.72% $15,500,000 n/a $1,404
Wildridge $2,092,800 2.95% 3 5.17% $697,600 $565,000 $366
Beaver Creek $5,425,000 7.65% 2 3.45% $2,712,500 n/a $877
Bachelor Gulch $2,500,000 3.52% 1 1.72% $2,500,000 n/a $986
Arrowhead $16,550,000 23.32% 5 8.62% $3,310,000 $1,950,000 $552
Berry Creek, Singletree $1,585,400 2.23% 1 1.72% $1,585,400 n/a $286
Edwards, Scottsville $770,000 1.09% 2 3.45% $385,000 n/a $258
Homestead, South 40 $1,238,000 1.74% 3 5.17% $412,667 $370,000 $321
Lake Creek, Squaw Creek $0 0.00% 0 0.00% $0 $0 $0
Cordillera Valley Club $1,900,000 2.68% 1 1.72% $1,900,000 n/a $327
Cordillera $0 0.00% 0 0.00% $0 $0 $0
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 $3,188,900 4.49% 7 12.07% $455,557 $361,900 $226
Gypsum $2,647,000 3.73% 7 12.07% $378,143 $360,000 $293
Basalt, El Jebel and Misc. In-County $3,025,100 4.26% 5 8.62% $605,020 $499,000 $278
TOTAL $70,958,300 100.00% 58 100.00% $1,223,419 $499,000 $453Please 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]
Residential Improved TransactionsExcludes: Vacant Land and Commercial
June, 2009Eagle County, Colorado
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information
Year Average Price # Transactions Res Volume Gross County Volume % Gross County VolumeYTD. 2009 $1,157,733 203 $235,019,700 $380,605,700 61.75%
2008 $1,245,942 833 $1,037,869,900 $2,234,919,100 46.44%2007 $1,065,555 1,628 $1,734,723,900 $2,960,497,200 58.60%2006 $963,171 1,938 $1,866,625,500 $2,754,171,600 67.77%2005 $787,871 2,408 $1,897,193,000 $2,800,249,502 67.75%2004 $701,832 2,141 $1,502,621,600 $2,225,840,200 67.51%2003 $565,292 1,732 $979,086,000 $1,471,498,700 66.54%2002 $595,204 1,553 $924,352,001 $1,499,739,801 61.63%2001 $565,441 1,349 $762,779,400 $1,402,691,100 54.38%2000 $628,854 1,292 $812,479,300 $1,704,885,500 47.66%1999 $493,894 1,499 $740,347,199 $1,531,723,279 48.33%
10 Year Total: $753,686 16,576 $12,493,097,500 $20,966,821,682 59.59%
Note: Resales do not include any New Product Sales, these are strictly sales of units that have been sold before. No Developer Sales are included.
PARAMETERS:' Res Volume & 'Average Price'' = All Residential Improved Properties including Single Family, Duplex, Triplex, Condominium, Townhome - all Areas Eagle CountyGross County Volume' = All Transactions of any type recorded from January 1st through December 31st in each Year - all Areas Eagle County
10 Year Historical Resale Data: Eagle County
2009 data through June
48.33%47.66%54.38%61.63%66.54%
67.51%
67.75%67.77%58.60%
46.44%
61.75%
$0
$500,000,000
$1,000,000,000
$1,500,000,000
$2,000,000,000
$2,500,000,000
$3,000,000,000
$3,500,000,000
YTD. 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Residential Volume % Gross County Volume Gross County Volume
Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information