THE SLIFER REPORT

Transcription

THE SLIFER REPORT

T HE SLIFER R EPORT
vAil vAllE y rE Al EstAtE
2013 first QUArtEr mArkEt rEviEw
vA i l r E A l E s tAt E .c o m
tA b l E o f c o n t E n t s
Introduction ...........................................................3
Eagle County Overview .........................................4
Vail Village & Lionshead.........................................5
Vail Golf Course, Spraddle Creek
& Cascade Village ..................................................6
Vail - All Other Areas .............................................7
EagleVail .................................................................8
Avon & Wildridge ..................................................9
Mountain Star ...................................................... 10
Beaver Creek Village ............................................ 11
Bachelor Gulch Village ......................................... 12
Arrowhead Village ............................................... 13
Edwards, Homestead
& Lake Creek Valley .............................................14
Singletree ............................................................. 15
Cordillera, Cordillera Valley Club
& Timber Springs .................................................16
Wolcott, Bellyache Ridge
& Red Sky Ranch ..................................................17
Eagle & Eagle Ranch ............................................18
Gypsum, Cotton Ranch
& Buckhorn Valley ................................................19
Homesite Sales.....................................................20
SSF Information & Ofﬁce Listings ...................21-22
Vail Valley real estate is in a transitional period. 2012 proved to be
a good year for real estate in Eagle County as both transactions and volume were up over
2011. The first quarter of 2013 recorded a similar amount of deals to 2011 at 220, but overall
sales volume was down over 20%.
As the pace of sales continues, our inventory levels have dropped to over five year lows. April
of 2013 actually saw the lowest level since June of 2006 at 1,173 (residential and land only).
Supply is limited and in some areas potential buyers are not able to find properties based on
their criteria. As demand outpaces supply in these neighborhoods, we expect to see prices
move upward slightly.
The segments of the market we are watching closely are properties priced over $3 million.
The number of sales has slowed this quarter to 7 as compared to 19 in 2012. This may be an
opportunity for buyers in this range to find the home they are looking to purchase.
Sales for properties under $1 million have been on a solid pace since last year and continuing
this quarter with 167. Homes priced properly in this range in most neighborhoods are not on
the market long and some areas have seen multiple offers.
As markets improve throughout the country, we expect confidence in our area to drive real
estate sales.
Slifer Smith & Frampton Real Estate
2013 fi r s t QUA r t E r sl i fE r r E p o r t
3
eag l e c o u n t y ov e r v i e w
t r a n s ac t i o n vo l u m e c o m pa r i s o n
NUMBER OF TR ANSAC TIONS
250
232
229
220
2011
2012
2013
200
150
100
50
0
s a l e s vo l u m e c o m pa r i s o n
$300
$250
$232,067,602
$249,242,744
$200
$191,534,892
$150
MILLIONS
$100
$50
$0
2011
2012
2013
Data represents residential and land sales from January 1–March 31 for all years. Source of all data contained in this report is the Vail Board of Realtors,
Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information.
©2013 Slifer Smith & Frampton Real Estate
2013 fi r s t QUA RT E R Sl i fe r Re p o r t
4
VAIL village & Lionshead
S i n g l e - Fa m i ly/ D u p l e x
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$10,350,000
1
104
$10,350,000
$10,350,000
2012
$21,600,000
2
382
$10,800,000
$10,800,000
2013
$23,400,000
3
162
$7,800,000
$5,500,000
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$67,375,630
24
380
$2,807,318
$2,125,000
2012
$49,083,000
20
328
$2,454,150
$2,212,500
2013
$25,680,000
13
417
$1,975,385
$1,510,000
condominium / townhome
p r i c e p e r s qua r e f o o t c o m pa r i s o n
Single-Family/Duplex
average
2011
2012
2013
$1,998
$2,176
$1,422
average
2011
2012
2013
$1,352
$1,475
$1,192
S A L E PRIC E VS LIST PRIC E COMPA RISON
AVERAGE OF SALE PRICE/LAST LISTED PRICE
93.04%
92.63%
Data represents January 1–March 31 for all years. Source of all data contained in this report is the Vail Board of Realtors, Multiple Listing Service.
Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2013 Slifer Smith & Frampton Real Estate
5
VAIL GOLF COURSE, SPRADDLE CREEK & CASCADE VILLAGE
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$0
0
0
$0
$0
2012
$7,615,000
3
532
$2,538,333
$2,650,000
2013
$0
0
0
$0
$0
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$1,850,000
1
583
$1,850,000
$1,850,000
2012
$0
0
0
$0
$0
2013
$3,610,000
3
100
$1,203,333
$985,000
average
2011
2012
2013
$0
$787
$0
average
2011
2012
2013
$709
$0
$827
0.00%
95.01%
6
VAIL - ALL OTHER ARE A S
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$22,674,975
14
306
$1,619,641
$1,550,000
2012
$12,525,000
7
350
$1,789,286
$1,900,000
2013
$11,832,500
8
154
$1,479,062
$1,437,500
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$6,361,802
14
302
$454,414
$387,500
2012
$10,285,750
24
238
$428,573
$383,125
2013
$7,300,397 16
101
$456,275
$383,000
average
2011
2012
2013
$437
$454
$490
average
2011
2012
2013
$387
$352
$394
92.17%
94.73%
7
eaglevail
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$2,030,000
3
64
$676,667
$742,000
2012
$1,932,170
5
102
$386,434
$395,000
2013
$1,177,500
2
23
$588,750
$588,750
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$2,638,400
9
113
$293,156
$315,000
2012
$923,000
4
88
$230,750
$229,500
2013
$847,500
3
84
$282,500
$270,000
average
2011
2012
2013
$203
$204
$228
average
2011
2012
2013
$208
$174
$218
101.16%
98.83%
8
avon & wildridge
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$1,320,500
2
192
$660,250
$660,250
2012
$4,287,500
5
191
$857,500
$875,000
2013
$2,185,000
3
55
$728,333
$625,000
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$21,521,000
45
60
$478,244
$499,000
2012
$6,046,500
18
171
$335,917
$285,000
2013
$8,263,250
21
249
$393,488
$325,000
average
2011
2012
2013
$240
$207
$220
average
2011
2012
2013
$364
$260
$333
95.29%
96.24%
9
mountain star
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$0
0
0
$0
$0
2012
$3,650,000
1
269
$3,650,000
$3,650,000
2013
$0
0
0
$0
$0
average
2011
2012
2013
$0
$459
$0
0.00%
10
beaver creek vill age
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$0
0
0
$0
$0
2012
$3,550,000
3
230
$3,111,677
$3,550,000
2013
$0
0
0
$0
$0
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$25,478,500
17
299
$1,498,735
$890,000
2012
$30,219,500
14
271
$2,158,536
$1,425,000
2013
$13,300,000
11
31
$1,209,091
$875,000
average
2011
2012
2013
$0
$559
$0
average
2011
2012
2013
$684
$730
$664
0.00%
95.21%
11
bachelor gulch vill age
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$22,600,000
3
411
$7,533,333
$8,900,000
2012
$21,500,000
2
47
$10,750,000
$10,750,000
2013
$5,095,000
1
173
$5,095,000
$5,095,000
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$8,853,000
4
680
$2,213,250
$2,320,000
2012
$9,962,500
4
73
$2,490,625
$1,788,750
2013
$12,840,000
7
295
$1,834,286
$1,575,000
average
2011
2012
2013
$872
$1,072
$854
average
2011
2012
2013
$850
$765
$812
92.72%
90.37%
12
arrowhead vill age
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$21,875,000
1
53
$2,187,500
$2,187,500
2012
$11,939,000
5
217
$2,387,800
$1,575,000
2013
$9,918,500
6
231
$1,653,083
$1,565,000
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$3,079,000
3
102
$1,026,333
$1,015,000
2012
$2,160,000
2
222
$1,080,000
$1,080,000
2013
$6,132,000
4
130
$1,533,000
$1,393,500
average
2011
2012
2013
$367
$412
$388
average
2011
2012
2013
$397
$618
$577
91.56%
94.53%
13
Edwards, Homestead & Lake Creek Valle y
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$0
0
0
$0
$0
2012
$2,755,000
2
228
$1,377,500
$1,377,500
2013
$2,727,500
4
156
$681,875
$700,000
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$1,524,000
4
275
$381,000
$337,000
2012
$2,129,250
9
47
$236,583
$223,250
2013
$1,859,500
5
107
$371,900
$340,000
average
2011
2012
2013
$0
$423
$202
average
2011
2012
2013
$219
$206
$231
94.28%
96.40%
14
singletree
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$3,177,000
4
59
$794,250
$735,000
2012
$1,787,000
3
245
$595,668
$549,003
2013
$8,031,350
9
135
$892,372
$739,000
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$0
0
0
$0
$0
2012
$300,000
1
51
$300,000
$300,000
2013
$0
0
0
$0
$0
average
2011
2012
2013
$247
$202
$298
average
2011
2012
2013
$0
$211
$0
93.17%
0.00%
15
CORDILLERA, CORDILLERA VALLEY CLUB & TIMBER SPRINGS
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$3,275,000
1
691
$3,275,000
$3,275,000
2012
$12,334,500
8
418
$1,541,813
$1,150,000
2013
$17,665,000
11
$281
$1,605,909
$1,425,000
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$1,300,000
1
353
$1,300,000
$1,300,000
2012
$0
$0
$0
$0
$0
2013
$0
0
0
$0
$0
average
2011
2012
2013
$433
$257
$297
average
2011
2012
2013
$0
$0
$0
83.80%
0.00%
16
WOLCOTT, BELLYACHE & RED SKY R ANCH
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$3,110,670
4
134
$777,668
$579,000
2012
$2,750,000
2
371
$1,375,000
$1,375,000
2013
$0
0
0
$0
$0
average
2011
2012
2013
$174
$217
$0
0.00%
17
E AGLE & E AGLE R ANCH
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$8,489,400
19
190
$446,811
$430,000
2012
$7,381,925
19
157
$388,522
$335,000
2013
$11,954,900
23
177
$519,778
$422,000
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$2,192,400
11
114
$199,309
$211,500
2012
$1,552,525
10
110
$155,253
$157,563
2013
$1,950,900
10
41
$195,090
$170,500
average
2011
2012
2013
$150
$138
$159
average
2011
2012
2013
$130
$115
$148
94.66%
94.47%
18
GYPSUM, COTTON R ANCH & BUCKHORN VALLE Y
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$2,996,900
12
128
$249,742
$229,950
2012
$5,308,321
18
123
$294,907
$267,500
2013
$4,380,500
18
31
$243,361
$243,000
Sales Volume
No. of Sales
Aver age Days
on Market
Aver age Sale
Median Sale
2011
$408,000
3
54
$136,000
$142,000
2012
$383,800
4
85
$95,950
$96,450
2013
$481,420
4
15
$120,355
$113,710
average
2011
2012
2013
$122
$123
$121
average
2011
2012
2013
$102
$86
$100
97.97%
100.34%
19
homesite sales
a r ea n a m eL i s t p r i c e
s o l d p r i c e
s o l d dat e
Singletree
Cordillera
Cordillera
Bellyache Ridge Wolcott
NW Eagle County
Eagle Ranch
Eagle Ranch
Fulford
Fulford
Gypsum
Gypsum Valley Brightwater
$215,000
$100,000
$111,000
$550,000
$980,000
$92,500
$155,000
$19,000
$19,000
$42,500
$38,000
$59,125
1/5/11
3/23/11
3/28/11
2/28/11
2/18/11
3/23/11
2/21/11
1/31/11
1/31/11
1/18/11
2/25/11
2/10/11
TOTAL
LAND
SALES IN 2011
a
r ea(12)
na
m eL
i s t p r i c e
s$2,381,125
o l d p r i c e
s o l d dat e
Mountain Star
Wildridge/Wildwood
Singletree
Homestead
Cordillera Valley Club Timber Springs
Cordillera
Eagle Ranch
Gypsum
Gypsum
Cotton Ranch
Cotton Ranch
Cotton Ranch
Cotton Ranch
Cotton Ranch
$1,300,000
$350,000
$130,000
$100,000
$225,000
$110,000
$500,000
$22,000
$93,000
$20,000
$20,000
$20,000
$20,000
$24,000
$21,000
$29,000
$47,500
3/28/12
3/29/12
3/27/12
3/12/12
3/14/12
3/6/12
3/30/12
1/20/12
1/20/12
3/27/12
1/24/12
1/30/12
1/30/12
3/29/12
2/22/12
1/20/12
3/21/12
TOTAL
LAND
SALES IN 2012
a
r ea(17)
na
m eL
i s t p r i c e
s$3,031,500
o l d p r i c e
s o l d dat e
Avon
Avon
Avon
Avon
Eagle
Eagle
Eagle
Edwards
Edwards
Edwards
Edwards
Edwards
Edwards
Minturn
Toponas
Vail
Vail
$865,000.00
$249,900.00
$75,000.00
$285,000.00
$40,000.00
$57,000.00
$70,000.00
$225,000.00
$64,900.00
$85,900.00
$495,000.00
$350,000.00
$395,000.00
$49,500.00
$17,750.00
$17,900.00
$1,690,000.00
$36,955.00
$29,000.00
$25,000.00
$70,000.00
$77,000.00
$399,000.00
$2,950,000.00
$1,300,000.00
$550,000.00
3/4/13
3/23/13
3/26/13
3/5/13
1/29/13
3/19/13
3/26/13
3/15/13
3/27/13
2/15/13
3/29/13
3/1/13
3/15/13
3/6/13
1/15/13
3/28/13
2/1/13
1/21/13
2/5/13
1/18/13
3/15/13
3/20/13
3/29/13
1/24/13
3/25/13
3/20/13
$290,950
$199,000
$114,900
$695,000
$1,500,000
$99,000
$180,000
$19,000
$19,000
$60,000
$48,000
$85,000
$1,495,000
$425,000
$175,000
$134,900
$325,000
$135,000
$57,500
$35,000
$99,900
$29,150
$28,000
$24,800
$24,800
$24,000
$20,000
$29,900
$59,000
$750,000.00
$225,000.00
$75,000.00
$230,000.00
$40,000.00
$57,000.00
$55,000.00
$165,000.00
$50,000.00
$50,000.00
$375,000.00
$202,500.00
$312,500.00
$43,500.00
$14,500.00
$23,300.00
$1,375,000.00
$27,500.00
$29,000.00
$25,000.00
$37,500.00
$74,000.00
$325,000.00
$2,950,000.00
$1,150,000.00
$550,000.00
TOTAL (26) LAND SALES IN 2013
$10,469,805
20
Knowledge. Wisdom. Insight.
Gained from 50 years
serving the Vail Valley.
$151
c lo s ed s a l e s Vo l u m e Q1 2 013
$160
$140
$120
$100
$80
$60
$50
$40
$25
COMPETITOR 1
$13
$10
COMPETITOR 2
COMPETITOR 3
$20
$8
COMPETITOR 4
COMPETITOR 5
COMPETITOR 6
SSF
$0
Today’s real estate market can be extremely complicated. Now more than ever it is important that you
work with the market experts. Slifer Smith & Frampton Real Estate has a 50-year perspective and
over 100 seasoned Vail Valley real estate brokers.
Whether you are maximizing exposure to sell your home or seeking the best values in our resort market,
clients across the globe trust the Vail Valley’s leading real estate company.
va i l Rea l E s tat e . c o m
21
MILLIONS
$38
SLIFER SMITH & FRAMPTON
REAL ESTATE OFFICES
for fUr thEr rE Al Es tAtE mArkEt informAtion plE A sE visit Us
At thE following loc Ations throUghoUt thE vAil vAllE y:
vA i l
Bridge Street
970.476.2421 | 800.544.2421
v i l l Ag E s o f
b E Av E r c r E E k
Arrowhead
970.926.3000 | 800.535.8882
Solaris
970.477.5720 | 888.412.6620
Bachelor Gulch Village
970.845.2300 | 888.677.8380
Lionshead
970.479.0245 | 866.639.8245
Highlands Lodge
970.845.9403
Av o n
Corporate Ofﬁce
970.845.2000 | 888.692.7360
Park Hyatt
Promenade and Lobby
970.845.9400 | 800.944.9050
Mountain Star
970.748.5545
St. James Place
The Westin Riverfront
970.748.5420 | 888.748.5420
970.845.9900 | 888.773.8858
The Charter
970.845.3815
corDillEr A
The Divide
970.926.3505 | 800.624.0632
Vacation Ownership Center
wolcot t
E Ag l E
Red Sky Ranch
Eagle Ranch
970.754.8411 | 877.973.3759
970.328.2550 | 877.328.2550
970.949.5811 | 800.962.5920
vA i l r E A l E s tAt E . c o m

THE SLIFER REPORT

Transcription

Similar documents

THE SLIFER REPORT

THE SLIFER REPORT

the slifer report - Vail Real Estate