marks 2015 q1 residential vail valley market trend report

33

Upload: the-weinreich-group

Post on 21-Jul-2016

218 views

Category:

Documents


0 download

DESCRIPTION

Real estate data for the first quarter of 2015 broken down by communities from East Vail to Avon and Beaver Creek to Eagle and Gypsum Colorado.

TRANSCRIPT

Page 1: Marks 2015 q1 residential vail valley market trend report
Page 2: Marks 2015 q1 residential vail valley market trend report

April 2015 Dear Friends,

The first quarter has come to a close with visitors still flocking to the valley to enjoy the sun and snow.

Our busy winter season brought the world to the Vail Valley in February with the Alpine World Ski

Championships. Thousands of athletes, members of the media and fans converged on Vail and Beaver

Creek to participate and experience an exceptional event that showcased the best of the valley.

Real estate market activity continues to hold steady. The Championships brought a brief respite to

showing activity as many visitors were in town to enjoy the races and events. After the two-week pause a

noticeable uptick in buyer activity followed and contracts and sales have found their footing once again.

A recent article published by RISMedia cited National Association of Realtor numbers showing vacation

homeownership above its 2006 peak. As the world’s premier four-season vacation resort we have seen this

evidence over the last 18 months with a rise in sales of vacation homes in Vail, Beaver Creek and

throughout the valley. The first quarter numbers reflect the ongoing activity as well as some of the

inherent challenges in local markets because of lower than normal inventory levels. In our bedroom

communities days on market are low, buyer activity is high and the only limiting factor is the

aforementioned inventory.

This quarterly trend report provides a look at big picture. Each community, complex and sale has a unique

story and we are happy to provide the insight understand the trends. We know the real estate environment ,

the opportunities coming to market and can provide the most accurate and relevant data as you consider a

move in the Vail Valley.

So as the mountains turn from white to green, the rivers begin their annual rush and we embark on spring

and summer, we hope you find the following information valuable and look forward to seeing you here in

the valley.

Sincerely,

Mark Weinreich , The Weinreich Group

Berkshire Hathaway HomeServices

www.BCMtnRE.com

Page 3: Marks 2015 q1 residential vail valley market trend report

2015 Residential Market Snapshot – Supply versus Demand

Residential Active Listings and Properties Under Contract

www.BCMtnRE.com All data in this report is derived from the Vail MLS – residential transactions only.

0

200

400

600

800

1000

1200

1400

1600

1800

2000

3-A

pr-

06

3-J

ul-

06

3-O

ct-0

6

3-J

an-0

7

3-A

pr-

07

3-J

ul-

07

3-O

ct-0

7

3-J

an-0

8

3-A

pr-

08

3-J

ul-

08

3-O

ct-0

8

3-J

an-0

9

3-A

pr-

09

3-J

ul-

09

3-O

ct-0

9

3-J

an-1

0

3-A

pr-

10

3-J

ul-

10

3-O

ct-1

0

3-J

an-1

1

3-A

pr-

11

3-J

ul-

11

3-O

ct-1

1

3-J

an-1

2

3-A

pr-

12

3-J

ul-

12

3-O

ct-1

2

3-J

an-1

3

3-A

pr-

13

3-J

ul-

13

3-O

ct-1

3

3-J

an-1

4

3-A

pr-

14

3-J

ul-

14

3-O

ct-1

4

3-J

an-1

5

April 3, 2006 - April 2, 2015

Active Listings Under Contracts

Page 4: Marks 2015 q1 residential vail valley market trend report

2015 Q1 Residential Market Review

Price Segments and Geographic Regions

*Mid Valley = Minturn - Wolcott - not including Beaver Creek Resort or Mountain Star www.BCMtnRE.com

All Residential Sales

Units

Sold Dollar Volume

2013 2014 2015

% Change

from 2014 2013 2014 2015

%

Change

from

2014

0 - $300,000 60 32 24 -25.00% $12,178,445 $7,170,600 $5,619,377 -21.63%

$300,001 - $700,000 52 67 63 -5.97% $23,691,297 $30,408,296 $30,506,285 0.32%

$700,001 - $1,000,000 32 27 23 -14.81% $26,686,000 $22,867,400 $19,755,950 -13.61%

$1,000,001 - $2,000,000 32 41 45 9.76% $47,707,850 $55,927,000 $66,733,206 19.32%

$2,000,001 - $5,000,000 15 26 30 15.38% $41,305,000 $78,850,249 $82,345,400 4.43%

$5,000,000+ 4 4 7 75.00% $31,395,000 $34,045,000 $53,710,000 57.76%

Area Activity

Vail Village, Lionshead, Cascade 2013 2014 2015

% Change

from 2014

Units 18 18 30 66.67%

Dollar Volume $52,065,000 $53,294,000 $70,484,640 32.26%

Beaver Creek, Bachelor Gulch, Arrowhead

Units 29 51 46 -9.80%

Dollar Volume $47,285,500 $93,882,000 $97,603,550 3.96%

Mid-Valley*

Units 62 50 52 4.00%

Dollar Volume $43,827,600 $37,302,203 $38,467,266 3.12%

Eagle/Gypsum

Units 57 44 32 -27.27%

Dollar Volume $19,358,595 $15,043,593 $15,419,285 2.50%

Total Market

Units 195 197 192 -2.54%

Dollar Volume $182,963,592 $229,268,545 $258,670,218 12.82%

Page 5: Marks 2015 q1 residential vail valley market trend report

2015 Q1 Vail Valley Residential Market Report (All Types)

Year Sales Volume Number

of Sales

Average Sale

Price

Median Sale

Price

Average Days

on Market

2010 $261,919,502 192 $1,364,164 $763,500 332

2011 $227,307,477 215 $1,057,244 $499,000 200

2012 $245,831,244 208 $1,181,881 $483,813 205

2013 $182,963,592 195 $938,275 $552,500 180

2014 $228,989,545 196 $1,168,314 $702,500 231

2015 $258,670,218 192 $1,347,241 $812,500 202

% Change

from 2014 +12.96% -2.04% +15.31% +15.66% -12.55%

Residential Sales

www.BCMtnRE.com

Page 6: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $8,350,000 5 $1,670,000 $432 416

2013 $10,382,500 7 $1,483,214 $508 171

2014 $5,643,249 4 $1,410,812 $471 119

2015 $10,657,500 6 $1,776,250 $450 238

% Change

from 2014 +88.85% +50.00% +25.90% -4.46% +100.00%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $3,529,000 9 $345,000 $390 177

2013 $3,480,000 8 $435,000 $414 136

2014 $3,569,000 7 $509,857 $433 116

2015 $3,499,000 6 $583,167 $470 129

% Change

from 2014 -1.96% -14.29% +14.38% +8.55% +11.21%

2015 Q1| East Vail and Booth Falls

Condominium and Townhome

www.BCMtnRE.com

Page 7: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $4,600,000 2 $2,300,000 $1,230 775

2013 $18,925,000 5 $3,785,000 $879 647

2014 0 0 N/A N/A N/A

2015 $2,900,000 1 $2,900,000 $743 1,667

% Change

from 2014 - - - - -

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 0 0 0 0 0

2013 $625,000 1 $625,000 $525 49

2014 0 0 0 0 0

2015 $1,615,000 1 $1,615,000 $588 11

% Change

from 2014 - - - - -

2015 Q1 | Vail Golf Course

Condominium and Townhome

www.BCMtnRE.com

Page 8: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $14,100,000 1 $14,100,000 $2601 738

2013 $17,900,000 2 $8,950,000 $1,313 67

2014 $15,700,000 2 $7,850,000 $1,564 244

2015 $9,400,000 1 $9,400,000 $1,510 350

% Change

from 2014 -40.13% -50.00% +19.75% -3.45% +43.44%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $36,383,000 16 $2,273,938 $1,476 326

2013 $13,720,000 6 $2,286,667 $1,205 643

2014 $18,600,000 5 $3,720,000 $1,767 736

2015 $37,423,640 16 $2,338,978 $1,473 229

% Change

from 2014 +101.20% +220.00% -37.12% -16.64% -68.89%

2015 Q1 | Vail Village

Condominium and Townhome

www.BCMtnRE.com

Page 9: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $7,500,000 1 $7,500,000 $1,750 27

2013 $5,500,000 1 $5,500,000 $1,642 353

2014 0 0 0 0 0

2015 0 0 0 0 0

% Change

from 2014 - - - - -

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $15,655,000 6 $2,609,167 $1,348 275

2013 $11,960,000 7 $1,708,571 $1,180 223

2014 $19,034,000 11 $1,730,364 $1,040 381

2015 $21,438,500 11 $1,948,955 $1,158 279

% Change

from 2014 +12.63% 0.00% +12.63% +11.35% -26.77%

2015 Q1 | Lionshead

Condominium and Townhome

www.BCMtnRE.com

Page 10: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $3,015,000 1 $3,015,000 $932 48

2013 0 0 0 0 0

2014 0 0 0 0 0

2015 0 0 0 0 0

% Change

from 2014 - - - - -

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 0 0 0 0 0

2013 $2,985,000 2 $1,492,500 $978 125

2014 0 0 0 0 0

2015 $2,222,500 2 $1,111,250 $863 52

% Change

from 2014 - - - - -

2015 Q1 | Cascade Village

Condominium and Townhome

www.BCMtnRE.com

Page 11: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $3,425,000 1 $3,425,000 $602 368

2013 $1,450,000 1 $1,450,000 $363 37

2014 $10,750,000 5 $2,150,000 $588 174

2015 $3,525,000 2 $1,762,500 $512 113

% Change

from 2014 -67.21% -60.00% -18.02% -12.93% -35.06%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $4,373,750 9 $485,972 $353 230

2013 $3,257,397 6 $542,900 $375 141

2014 $4,699,000 8 $587,375 $427 215

2015 $1,691,000 3 $563,667 $491 87

% Change

from 2014 -64.01% -62.50% -4.04% +14.99% -59.53%

2015 Q1 | Central Vail (Sandstone, Potato Patch, The Valley)

Condominium and Townhome

www.BCMtnRE.com

Page 12: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 0 0 0 0 0

2013 0 0 0 0 0

2014 0 0 0 0 0

2015 $6,475,000 3 $2,158,333 $467 319

% Change

from 2014 - - - - -

Single Family and Duplex

2015 Q1 | Highland Meadows

www.BCMtnRE.com

Page 13: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 0 0 0 0 0

2013 0 0 0 0 0

2014 0 0 0 0 0

2015 0 0 0 0 0

% Change

from 2014 - - - - -

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $763,000 2 $381,500 $295 37

2013 $268,000 1 $268,000 $380 14

2014 $345,000 1 $345,000 $359 32

2015 0 0 0 0 0

% Change

from 2014 - - - - -

2015 Q1 | West Vail North

Condominium and Townhome

www.BCMtnRE.com

Page 14: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $750,000 1 $750,000 $414 2

2013 0 0 0 0 0

2014 $1,434,000 3 $478,000 $334 160

2015 $4,225,000 3 $1,408,333 $421 212

% Change

from 2014 +194.63% 0.00% +194.63% +26.05% +32.50%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $1,620,000 4 $405,000 $293 371

2013 $640,000 2 $320,000 $310 111

2014 $816,500 2 $408,250 $317 450

2015 $1,113,500 2 $556,750 $360 140

% Change

from 2014 +36.37% 0.00% +36.37% +13.56% -68.89%

2015 Q1 | West Vail South

Condominium and Townhome

www.BCMtnRE.com

Page 15: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 0 0 0 0 0

2013 $971,000 3 $323,667 $245 51

2014 0 0 0 0 0

2015 0 0 0 0 0

% Change

from 2014 - - - - -

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $329,000 1 $329,000 $199 58

2013 0 0 0 0 0

2014 0 0 0 0 0

2015 0 0 0 0 0

% Change

from 2014 - - - - -

2015 Q1 | Minturn

Condominium and Townhome

www.BCMtnRE.com

Page 16: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $1,932,170 5 $386,434 $204 102

2013 $1,177,500 2 $588,750 $228 23

2014 $4,570,000 5 $914,000 $281 91

2015 $500,000 1 $500,000 $286 117

% Change

from 2014 -89.47% -80.00% -45.30% +1.78% +28.57%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $923,000 4 $230,750 $174 89

2013 $847,500 3 $282,500 $218 84

2014 $976,500 3 $325,500 $261 91

2015 $1,495,500 5 $299,100 $297 109

% Change

from 2014 +53.15% +66.67% -8.11% +13.79% +19.78%

2015 Q1 | Eagle Vail

Condominium and Townhome

www.BCMtnRE.com

Page 17: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 0 0 0 0 0

2013 0 0 0 0 0

2014 0 0 0 0 0

2015 $1,277,000 2 $638,500 $246 280

% Change

from 2014 - - - - -

Single Family and Duplex

Year Sales Volume Number

of Sales

Average

Sale Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $5,724,500 17 $336,735 $260 191

2013 $6,681,250 17 $393,015 $366 287

2014 $5,650,303 13 $434,639 $470 268

2015 $4,988,000 12 $415,667 $385 52

% Change

from 2014 -11.72% -7.69% -4.37% -18.09% -80.60%

2015 Q1 | Avon

Condominium and Townhome

www.BCMtnRE.com

Page 18: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $4,287,500 5 $857,500 $207 191

2013 $2,185,000 3 $728,333 $220 55

2014 $4,807,900 6 $801,317 $209 118

2015 $2,290,250 3 $763,417 $267 233

% Change

from 2014 -52.36% -50.00% -4.73% +27.75% +97.46%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $617,000 2 $308,500 $216 60

2013 $1,582,000 4 $395,500 $194 84

2014 0 0 0 0 0

2015 $575,000 1 $575,000 $266 212

% Change

from 2014 - - - - -

2015 Q1 | Wildridge

Condominium and Townhome

www.BCMtnRE.com

Page 19: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $3,650,000 1 $3,650,000 $607 269

2013 0 0 0 0 0

2014 0 0 0 0 0

2015 0 0 0 0 0

% Change

from 2014 - - - - -

Single Family and Duplex

2015 Q1 | Mountain Star

www.BCMtnRE.com

Page 20: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $9,335,000 3 $3,111,667 $559 250

2013 0 0 0 0 0

2014 $11,230,000 3 $3,743,333 $583 596

2015 $28,345,000 6 $4,724,167 $833 258

% Change

from 2014 +152.40% +100.00% +26.20% +42.88% -56.71%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $30,219,500 14 $2,158,536 $730 272

2013 $13,300,000 11 $1,209,091 $664 315

2014 $28,785,000 22 $1,308,409 $728 352

2015 $29,128,000 18 $1,618,222 $698 258

% Change

from 2014 +1.19% -18.18% +23.68% -4.12% -26.70%

2015 Q1 | Beaver Creek

Condominium and Townhome

www.BCMtnRE.com

Page 21: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $21,500,000 2 $10,750,000 $1,072 48

2013 $5,095,000 1 $5,095,000 $854 173

2014 $7,295,000 1 $7,295,000 $1,065 7

2015 $10,250,000 1 $10,250,000 $990 1,074

% Change

from 2014 +40.51% 0.00% +40.51% -7.04% +15,242.86%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $9,962,500 4 $2,490,625 $765 73

2013 $12,840,000 7 $1,834,286 $812 295

2014 $26,212,000 10 $2,621,200 $844 278

2015 $14,194,300 11 $1,290,391 $853 105

% Change

from 2014 -45.85% +10.00% -50.77% +1.07% -62.23%

2015 Q1 | Bachelor Gulch

Condominium and Townhome

www.BCMtnRE.com

Page 22: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $11,939,000 5 $2,387,800 $412 309

2013 $9,918,500 6 $1,653,083 $388 231

2014 $13,445,000 7 $1,920,714 $475 521

2015 $10,223,750 4 $2,555,938 $535 312

% Change

from 2014 -23.96% -42.86% +33.07% +12.63% -40.12%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $2,160,000 2 $1,080,000 $618 223

2013 $6,132,000 4 $1,533,000 $577 130

2014 $6,915,000 8 $864,375 $476 173

2015 $5,462,500 6 $910,417 $540 325

% Change

from 2014 -21.01% -25.00% +5.33% +13.45% +87.86%

2015 Q1 | Arrowhead

Condominium and Townhome

www.BCMtnRE.com

Page 23: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $580,000 1 $580,000 $246 265

2013 $1,327,500 2 $663,750 $220 187

2014 $745,000 1 $745,000 $225 142

2015 $541,500 1 $541,500 $212 215

% Change

from 2014 -27.32% 0.00% -27.32% -5.78% +51.41%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $1,275,250 6 $212,542 $194 49

2013 $1,177,500 3 $392,500 $258 158

2014 $1,282,000 4 $320,500 $271 99

2014 $2,824,500 7 $403,500 $275 100

% Change

from 2014 +120.32% +75.00% +25.90% +1.48% +1.01%

2015 Q1 | Edwards

Condominium and Townhome

www.BCMtnRE.com

Page 24: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $1,787,003 3 $595,668 $202 245

2013 $8,031,350 9 $892,372 $298 135

2014 $2,905,000 3 $968,333 $257 227

2015 $3,814,250 5 $762,850 $316 152

% Change

from 2014 +31.30% +66.67% -21.22% +22.96% -33.04%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $300,000 1 $300,000 $211 51

2013 0 0 0 0 0

2014 $600,000 1 $600,000 $359 184

2015 $377,500 1 $377,500 $283 32

% Change

from 2014 -37.08% 0.00% -37.08% -21.17% -82.61%

2015 Q1 | Singletree

Condominium and Townhome

www.BCMtnRE.com

Page 25: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 0 0 0 0 0

2013 $1,400,000 2 $700,000 $183 125

2014 $508,500 1 $508,500 $199 155

2015 $1,309,866 1 $1,309,866 $314 432

% Change

from 2014 +157.59% 0.00% +157.59% +57.79% +178.71%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $1,103,000 4 $275,750 $208 49

2013 $682,000 2 $341,000 $192 31

2014 $1,499,500 4 $374,875 $233 52

2015 $855,000 2 $427,500 $255 31

% Change

from 2014 -42.98% -50.00% +14.04% +9.44% -40.38%

2015 Q1 | Homestead

Condominium and Townhome

www.BCMtnRE.com

Page 26: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $2,175,000 1 $2,175,000 $601 191

2013 0 0 0 0 0

2014 $807,500 1 $807,500 $940 271

2015 $2,400,000 1 $2,400,000 $285 462

% Change

from 2014 +197.21% 0.00% +197.21% -69.68% +70.48%

Single Family and Duplex

2015 Q1 | Lake Creek

www.BCMtnRE.com

Page 27: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $10,227,500 6 $1,704,583 $245 375

2013 $10,635,000 5 $2,127,000 $337 316

2014 $11,400,000 7 $1,628,571 $291 366

2015 $10,867,900 7 $1,552,557 $310 496

% Change

from 2014 -4.67% 0.00% -4.67% +6.53% +35.52%

All Residential

2015 Q1 | Cordillera (Divide, Ranch, and Summit)

www.BCMtnRE.com

Page 28: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $2,107,000 2 $1,053,500 $292 548

2013 $6,805,000 5 $1,361,000 $307 224

2014 0 0 0 0 0

2015 $2,300,000 1 $2,300,000 $443 1

% Change

from 2014 - - - - -

2015 Q1 | Cordillera Valley Club Club

www.BCMtnRE.com

All Residential

Page 29: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $3,320,000 3 $1,106,667 $209 253

2013 0 0 0 0 0

2014 $1,550,000 1 $1,550,000 $411 100

2015 $1,965,000 1 $1,965,000 $214 315

% Change

from 2014 +26.77% 0.00% +26.77% -47.93% +215.00%

Single Family and Duplex

2015 Q1 | Wolcott (Bellyache and Red Sky Ranch)Sky Ranch)

www.BCMtnRE.com

Page 30: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $3,630,925 11 $330,084 $141 131

2013 $5,623,900 15 $374,927 $149 85

2014 $3,821,500 9 $424,611 $176 93

2015 $3,749,500 4 $937,375 $350 355

% Change

from 2014 -1.88% -55.56% +120.76% +98.86% +281.72%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $1,397,525 9 $155,281 $111 118

2013 $1,216,900 7 $173,843 $140 33

2014 $1,532,063 6 $255,344 $167 67

2015 $588,200 2 $294,100 $175 173

% Change

from 2014 -61.61% -66.67% +15.18% +4.79% +158.21%

2015 Q1 | Eagle (all areas – not including Eagle Ranch)

Condominium and Townhome

www.BCMtnRE.com

Page 31: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $4,566,000 9 $507,333 $142 201

2013 $6,851,000 9 $761,222 $153 173

2014 $2,995,000 5 $599,000 $169 203

2015 $4,630,000 7 $661,429 $169 146

% Change

from 2014 +54.59% +40.00% +10.42% 0.00% -28.08%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $155,000 1 $155,000 $145 38

2013 $734,000 3 $244,667 $167 53

2014 $2,000,750 7 $285,821 $207 104

2015 $707,000 2 $353,500 $222 125

% Change

from 2014 -64.66% -71.43% +23.68% +7.25% +20.19%

2015 Q1 | Eagle Ranch

Condominium and Townhome

www.BCMtnRE.com

Page 32: Marks 2015 q1 residential vail valley market trend report

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $5,575,321 19 $293,438 $123 123

2013 $4,380,500 18 $243,361 $121 31

2014 $4,375,280 16 $273,455 $157 43

2015 $5,507,585 16 $344,224 $163 52

% Change

from 2014 +25.88% 0.00% +25.88% +3.82% +20.93%

Single Family and Duplex

Year Sales Volume Number

of Sales

Average Sale

Price

Average

Sold Price

per Foot

Average

Days on

Market

2012 $383,800 4 $95,950 $86 85

2013 $481,420 4 $120,355 $100 15

2014 0 0 0 0 0

2015 $237,000 1 $237,000 151 13

% Change

from 2014 - - - - -

2015 Q1 | Gypsum

Condominium and Townhome

www.BCMtnRE.com

Page 33: Marks 2015 q1 residential vail valley market trend report

Vail

Beaver Creek Lodge

Edwards

7 Offices | 90 Brokers | Vacation Rentals | Since 1971

www.BCMtnRE.com

Beaver Creek Villa Montane

Eagle

Gypsum

Vacation Rentals and Property Management