THE SLIFER REPORT - Vail Real Estate

Transcription

THE SLIFER REPORT - Vail Real Estate
T he Slifer R eport
SUMMIT COUNT Y REAL ESTATE
2013 ANNUAL MARKET REVIEW
S U M M I T C O U N T Y 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
Summit County Overview......................... 4
Breckenridge............................................. 6
Copper Mountain...................................... 8
Dillon....................................................... 10
Frisco....................................................... 12
Keystone.................................................. 14
Silverthorne............................................. 16
SSF Information and Office Listings........ 18
W
ith the Holiday Season and 2013 now behind us, it is time to look forward and I expect 2014 to be a good
year for mountain real estate. In terms of the Summit County real estate market, I believe the sales activity
generated last year will carry over and grow in 2014.
The residential sales volume last year totaled over $740,000,000 which is the highest since 2008. The number of
overall residential transactions were also at 5 year high with just under 1,500 sales compared to 1,300 in 2012.
Although we are seeing sales volume and transactions rebound, overall pricing has remained relatively flat over the
past few years. Today’s buyers are value conscious and smart sellers are pricing their homes to the market and taking
advantage of this renewed buyer activity.
Luxury home sales over $1 million fared well in Summit County and totaled 131 as compared to 112 in 2012. The
highest sale in Summit County was $3.4 million in The Highlands at Breckenridge and was listed by Slifer Smith &
Frampton Real Estate.
In terms of vacant land in Summit County, sales velocity continues to languish and accounted for just over 100 sales
in 2013 which was down from 113 in 2012.
Overall prices in most areas of our market seem to have hit the bottom. In our business it is always very difficult to
predict the bottom of the market, however I do feel that prices will begin to moderately adjust upwards in 2014.
One important statistic I feel is a good indicator of where a market is headed is the overall inventory available for a
potential buyer. Our current inventory levels for residential and vacant land continue to drop and is at a 5 year low of
almost 1,213. In some communities, a limited amount of properties can present a challenge to prospective buyers. I
do expect more listings to be introduced to the market as we approach the spring and summer months but do not
foresee a large amount of “shadow inventory” to hit the market.
Here’s to a great 2014, we at Slifer Smith & Frampton look forward to working with you.
Best Regards,
Jeff
Jeff Moore
Managing Broker, Summit County
Slifer Smith & Frampton Real Estate
S U M M I T C O U N T Y OV E R V I E W
TRANSACTION VOLUME COMPARISON
3,000
2,908
2,888
2,500
2,459
NUMBER OF TRANSACTIONS
2,000
1,634
1,500
1,430
1,352
1,000
985
1,092
1,195
500
0
2005
2006
2007
2008
2009
2010
2011
2012
2013
SALES VOLUME COMPARISON
$1,500
1,281.0
$
$1,200
1,313.2
$
1,126.3
$
$900
815.2
$
795.2
$
718.4
$
MILLIONS
$600
$
584.5
$
597.8
$
2009
2010
2011
594.1
$300
$0
2005
2006
2007
2008
2012
2013
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
4
2013 SLIFER REPORT
S U M M I T C O U N T Y OV E R V I E W
AVERAGE SALES PRICE HISTORY
$700,000
$650,000
602,965
$
593,469
$
$600,000
547,456
$
$550,000
534,056
$
502,766
$
$500,000
497,153
$
$450,000
486,697
$
443,563
$
$400,000
387,335
$
$350,000
$300,000
2005
2006
2007
2008
2009
2010
2011
2012
2013
ACTIVE INVENTORY BY MONTH
3,000
2,800
2,582
2,600
2,490
2,218
2,200
2,072
2,000
1,800
1,600
1,747
1,813
1,707
1,657
1,487
1,400
1,348
1,200
1,217
M
ay
‘1
Ju 3
l‘
Se 13
p
N ‘13
ov
D ‘1
ec 3
‘1
3
3
‘1
ar
M
M
ay
‘1
Ju 2
l‘
Se 12
p
N ‘12
ov
‘
Ja 12
n
‘1
3
2
‘1
ar
M
M
ay
‘1
Ju 1
l‘
Se 11
p
N ‘11
ov
‘
Ja 11
n
‘1
2
1
‘1
ar
M
M
ay
‘1
Ju 0
l‘
Se 10
p
N ‘10
ov
‘
Ja 10
n
‘1
1
0
‘1
ar
M
M
ay
‘0
Ju 9
l‘
Se 09
p
N ‘09
ov
‘
Ja 09
n
‘1
0
9
‘0
ar
M
‘0
9
1,000
Ja
n
NUMBER OF RESIDENTIAL
& LAND PROPERTIES LISTED
2,400
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
2013 SLIFER REPORT
5
BRECKENRIDGE
SINGLE-FAMILY/DUPLEX
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$217,916,722
-24.2%
$165,243,848
13.9%
$188,174,387
25.3%
$235,856,451
1.5%
$239,480,646
209
-17.2%
173
31.2%
227
18.5%
269
8.9%
293
252
6.7%
269
-1.1%
266
-14.3%
228
-0.4%
227
$1,042,664
-8.4%
$955,167
-13.2%
$828,962
5.8%
$876,790
-6.8%
$817,340
$8,285,000
-52.3%
$3,950,000
-17.1%
$3,275,000
70.1%
$5,570,130
-39.0%
$3,400,000
LOW SALE MEDIAN SALE
$172,000
16.3%
$200,000
-15.1%
$169,900
-11.7%
$150,000
30.0%
$195,000
$800,000
-3.1%
$775,000
-9.7%
$700,000
-3.6%
$675,000
-2.2%
$660,000
$1MILLION+
SALES
82
-30.5%
57
8.8%
62
12.9%
70
4.3%
73
CONDOMINIUM / TOWNHOME
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$75,967,525
76.5%
$134,083,512
-11.8%
$118,268,874
-6.7%
$110,305,596
35.5%
$149,433,128
151
50.3%
227
14.5%
260
4.6%
272
26.5%
344
233
44.2%
336
-11.3%
298
-6.4%
279
-25.1%
209
$503,096
17.4%
$590,676
-23.0%
$454,880
-10.8%
$405,535
7.1%
$434,399
$1,675,000
60.6%
$2,690,000
-0.2%
$2,685,000
-52.3%
$1,280,000
50.8%
$1,930,000
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$11,076,900
60.6%
$17,785,085
-19.8%
$14,262,750
83.1%
$26,110,000
-1.9%
$25,625,495
40
45.0%
58
-3.4%
56
25.0%
70
-2.9%
68
282
-3.9%
271
4.1%
282
51.4%
427
16.6%
498
$276,923
10.7%
$306,639
-16.9%
$254,692
46.5%
$373,000
1.0%
$376,846
$664,000
397.0%
$3,300,000
-52.3%
$1,575,000
61.9%
$2,550,000
-7.8%
$2,350,000
LOW SALE MEDIAN SALE
$108,990
-38.5%
$67,000
-73.1%
$18,000
305.6%
$73,000
50.7%
$110,000
$410,000
3.7%
$425,000
-13.7%
$366,750
-4.6%
$350,000
3.6%
$362,500
$1MILLION+
SALES
12
150.0%
30
-60.0%
12
-58.3%
5
260.0%
18
HOMESITES
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
LOW SALE MEDIAN SALE
$40,000
-50.0%
$20,000
-20.0%
$16,000
-6.3%
$15,000
-20.0%
$12,000
$244,000
-37.6%
$152,334
27.0%
$193,450
-8.5%
$177,000
29.9%
$230,000
$1MILLION+
SALES
0
N/A
3
-33.3%
2
200.0%
6
-33.3%
4
PRICE PER SQUARE FOOT COMPARISON
SINGLE-FAMILY/DUPLEX
CONDOMINIUM/TOWNHOME
2010
2011
2012
2013
2010
2011
2012
2013
HIGH
$823
$830
$877
$790
HIGH
$1,452
$1,353
$1,071
$1,124
LOW
$109
$151
$87
$88
LOW
$155
$131
$121
$126
AVERAGE
$294
$268
$283
$294
AVERAGE
$546
$403
$390
$416
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
6
2013 SLIFER REPORT
BRECKENRIDGE
SINGLE-FAMILY/DUPLEX SALES VOLUME
MULTI-FAMILY SALES VOLUME
SINGLE-FAMILY SALES VOLUME
MULTI-FAMILY SALES VOLUME
$250
$150
149.4
$
239.4
$
235.8
$
$200
134.0
$
$120
118.2
$
188.1
$
165.2
$
$150
$60
MILLIONS
MILLIONS
$100
$50
$0
2010
2011
2012
2013
$30
$0
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME
50
2010
2011
2012
2013
227
150
100
50
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE
2010
2011
2012
2013
MULTI-FAMILY AVER AGE SALES PRICE
SINGLE-FAMILY AVERAGE SALES PRICE
MULTI-FAMILY AVERAGE SALES PRICE
$1,000,000
$700,000
$600,000
955,167
$
590,000
$
$500,000
$900,000
405,535
$
434,399
$
$300,000
828,962
$
$800,000
545,880
$
$400,000
876,790
$
$850,000
817,340
$
$750,000
$700,000
272
260
200
100
0
344
250
TRANSACTIONS
TRANSACTIONS
150
2013
300
227
173
2012
MULTI-FAMILY TRANSACTION VOLUME
293
200
2011
350
269
250
2010
MULTI-FAMILY TR ANSAC TION VOLUME
SINGLE-FAMILY TRANSACTION VOLUME
300
$950,000
110.3
$
$90
$200,000
$100,000
2010
2011
2012
2013
$0
2010
2011
2012
2013
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
2013 SLIFER REPORT
7
C O P P E R M O U N TA I N
SINGLE-FAMILY/DUPLEX
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
LOW SALE MEDIAN SALE
$2,650,000
188.5%
$7,645,000
-9.8%
$6,899,000
-75.4%
$1,700,000
114.7%
$3,650,000
1
300.0%
4
-25.0%
3
-66.7%
1
100.0%
2
115
232.2%
382
-2.6%
372
-19.1%
301
207.6%
926
$2,650,000
-27.9%
$1,911,250
20.3%
$2,299,667
-26.1%
$1,700,000
7.4%
$1,825,000
$2,650,000
13.0%
$2,995,000
-4.9%
$2,849,000
-40.3%
$1,700,000
11.8%
$1,900,000
$2,650,000
-56.6%
$1,150,000
56.5%
$1,800,000
-5.6%
$1,700,000
2.9%
$1,750,000
LOW SALE MEDIAN SALE
$2,650,000
-34.0%
$1,750,000
28.6%
$2,250,000
-24.4%
$1,700,000
7.4%
$1,825,000
$1MILLION+
SALES
1
300.0%
4
-25.0%
3
-66.7%
1
100.0%
2
CONDOMINIUM / TOWNHOME
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$17,694,000
-38.5%
$10,878,800
-7.1%
$10,101,250
35.0%
$13,634,360
34.5%
$18,342,100
39
-25.6%
29
-3.4%
28
46.4%
41
26.8%
52
301
-28.2%
216
20.8%
261
38.7%
362
2.2%
370
$453,692
-17.3%
$375,131
-3.8%
$360,759
-7.8%
$332,545
6.1%
$352,733
$964,900
-14.5%
$825,000
54.5%
$1,275,000
-34.7%
$832,000
35.2%
$1,125,000
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
LOW SALE MEDIAN SALE
$0
N/A
$0
N/A
$1,100,000
68.2%
$1,850,000
-7.5%
$1,712,000
0
N/A
0
N/A
1
100.0%
2
0.0%
2
0
N/A
0
N/A
0
#DIV/0!
49
569.4%
328
$0
N/A
$0
N/A
$1,100,000
-15.9%
$925,000
-7.5%
$856,000
$0
N/A
$0
N/A
$1,100,000
9.1%
$1,200,000
-24.0%
$912,000
$0
N/A
$0
N/A
$1,100,000
-40.9%
$650,000
23.1%
$800,000
$233,500
-60.6%
$92,000
-22.3%
$71,500
81.7%
$129,900
6.2%
$138,000
$377,520
-9.9%
$340,000
-2.2%
$332,500
4.7%
$348,000
-12.9%
$303,000
$1MILLION+
SALES
0
n/a
0
n/a
1
-100.0%
0
200.0%
2
HOMESITES
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
$0
N/A
$0
N/A
$1,100,000
-15.9%
$925,000
-7.5%
$856,000
$1MILLION+
SALES
0
N/A
0
N/A
1
0.0%
1
-100.0%
0
PRICE PER SQUARE FOOT COMPARISON
SINGLE-FAMILY/DUPLEX
CONDOMINIUM/TOWNHOME
2010
2011
2012
2013
2010
2011
2012
2013
HIGH
$574
$500
$491
$479
HIGH
$583
$472
$517
$555
LOW
$374
$475
$491
$350
LOW
$174
$221
$176
$170
AVERAGE
$452
$490
$491
$415
AVERAGE
$385
$368
$335
$359
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
8
2013 SLIFER REPORT
C O P P E R M O U N TA I N
SINGLE-FAMILY/DUPLEX SALES VOLUME
MULTI-FAMILY SALES VOLUME
SINGLE-FAMILY SALES VOLUME
MULTI-FAMILY SALES VOLUME
$8.0
$7.0
$20
7.645
$
18.34
$
6.899
$
$6.0
$15
$5.0
13.63
$
$4.0
$10
MILLIONS
MILLIONS
$2.0
1.700
$
$1.0
2010
2011
2012
2013
$5
$0
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME
2010
2011
2012
2013
MULTI-FAMILY TR ANSAC TION VOLUME
SINGLE-FAMILY TRANSACTION VOLUME
MULTI-FAMILY TRANSACTION VOLUME
5
60
50
4
52
4
40
3
3
2
2
1
1
0
2010
2011
2012
2013
TRANSACTIONS
TRANSACTIONS
10.10
$
3.650
$
$3.0
$0
10.87
$
41
30
29
28
20
10
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE
2010
2011
2012
2013
MULTI-FAMILY AVER AGE SALES PRICE
SINGLE-FAMILY AVERAGE SALES PRICE
MULTI-FAMILY AVERAGE SALES PRICE
$2.5
$380,000
375,131
$
2.299
$
$2.0
1.911
$
1.825
$360,000
360,759
$
$
1.700
$
$1.5
352,733
$
$340,000
MILLIONS
$1.0
332,545
$
$320,000
$0.5
$0
2010
2011
2012
2013
$300,000
2010
2011
2012
2013
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
2013 SLIFER REPORT
9
D I L LO N
SINGLE-FAMILY/DUPLEX
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$19,158,600
35.6%
$25,978,050
0.9%
$26,218,353
33.8%
$35,074,040
7.2%
$37,610,925
37
27.0%
47
12.8%
53
24.5%
66
6.1%
70
174
12.1%
195
-3.6%
188
-14.9%
160
-15.0%
136
$517,800
6.7%
$552,724
-10.5%
$494,686
7.4%
$531,425
1.1%
$537,299
$1,030,000
151.6%
$2,591,000
-64.7%
$915,000
61.2%
$1,475,000
-11.9%
$1,300,000
LOW SALE MEDIAN SALE
$294,200
-9.9%
$265,000
1.5%
$269,000
-25.7%
$200,000
11.0%
$222,000
$399,000
15.9%
$462,500
7.0%
$495,000
-10.1%
$445,000
-16.4%
$372,000
$1MILLION+
SALES
1
100.0%
2
-100.0%
0
N/A
3
33.3%
4
CONDOMINIUM / TOWNHOME
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$14,401,925
-12.4%
$12,622,910
26.0%
$15,911,138
20.7%
$19,197,450
20.8%
$23,183,695
60
-1.7%
59
27.1%
75
16.0%
87
13.8%
99
157
15.3%
181
4.4%
189
-6.9%
176
-16.5%
147
$240,032
-10.9%
$213,948
-0.8%
$212,149
4.0%
$220,660
6.1%
$234,179
$955,000
-0.5%
$950,000
-32.6%
$640,000
7.4%
$687,500
11.3%
$765,000
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$193,000
443.7%
$1,049,400
-45.9%
$568,000
107.7%
$1,179,900
-22.6%
$913,450
1
500.0%
6
-33.3%
4
75.0%
7
0.0%
7
403
-63.0%
149
44.3%
215
57.7%
339
84.7%
626
$193,000
-9.4%
$174,900
-18.8%
$142,000
18.7%
$168,557
-22.6%
$130,493
$193,000
78.8%
$345,000
-42.3%
$199,000
63.3%
$325,000
-48.9%
$166,000
LOW SALE MEDIAN SALE
$110,000
-10.0%
$99,000
-34.5%
$64,888
20.2%
$78,000
1.3%
$79,000
$1MILLION+
SALES
$192,200
-3.7%
$185,000
16.2%
$215,000
-16.7%
$179,000
20.1%
$215,000
0
N/A
0
N/A
0
N/A
0
N/A
0
HOMESITES
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
LOW SALE MEDIAN SALE
$193,000
-91.7%
$16,000
618.8%
$115,000
-16.5%
$96,000
-14.6%
$82,000
$1MILLION+
SALES
$193,000
-12.2%
$169,450
-25.1%
$127,000
-9.5%
$114,900
22.7%
$141,000
0
N/A
0
N/A
0
N/A
0
N/A
0
PRICE PER SQUARE FOOT COMPARISON
SINGLE-FAMILY/DUPLEX
CONDOMINIUM/TOWNHOME
2010
2011
2012
2013
2010
2011
2012
2013
HIGH
$438
$277
$422
$332
HIGH
$443
$432
$451
$408
LOW
$112
$75
$124
$101
LOW
$104
$111
$121
$122
AVERAGE
$220
$199
$213
$228
AVERAGE
$235
$219
$221
$236
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
10
2013 SLIFER REPORT
D I L LO N
SINGLE-FAMILY/DUPLEX SALES VOLUME
MULTI-FAMILY SALES VOLUME
SINGLE-FAMILY SALES VOLUME
MULTI-FAMILY SALES VOLUME
$25
$40
37.61
$
$35
$30
23.18
$
35.07
$
$20
19.19
$
$25
25.97
26.21
$
$15
$
15.91
$
$20
MILLIONS
MILLIONS
$10
$5
$0
2010
2011
2012
2013
$5
$0
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME
SINGLE-FAMILY TRANSACTION VOLUME
2011
2013
MULTI-FAMILY TRANSACTION VOLUME
70
66
60
50
75
TRANSACTIONS
20
10
2010
87
60
30
0
99
80
53
47
40
2011
2012
2013
59
40
20
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE
2010
2011
2012
2013
MULTI-FAMILY AVER AGE SALES PRICE
SINGLE-FAMILY AVERAGE SALES PRICE
MULTI-FAMILY AVERAGE SALES PRICE
$575,000
$240,000
234,179
$
552,724
$
$230,000
$525,000
531,425
$
537,299
$
$220,000
220,660
$
$500,000
494,686
$
$210,000
$475,000
$450,000
2012
100
70
TRANSACTIONS
2010
MULTI-FAMILY TR ANSAC TION VOLUME
80
$550,000
12.62
$
$10
$15
2010
2011
2012
2013
213,948
$
$200,000
2010
212,149
$
2011
2012
2013
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
2013 SLIFER REPORT
11
FRISCO
SINGLE-FAMILY/DUPLEX
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$23,413,400
-0.2%
$23,371,731
17.3%
$27,423,515
-9.6%
$24,786,583
38.6%
$34,354,711
33
-3.0%
32
34.4%
43
-16.3%
36
33.3%
48
263
-23.2%
202
1.5%
205
32.2%
271
-31.4%
186
$709,497
2.9%
$730,367
-12.7%
$637,756
8.0%
$688,516
4.0%
$715,723
$1,600,000
18.8%
$1,900,000
-31.6%
$1,300,000
-5.8%
$1,225,000
17.1%
$1,435,069
LOW SALE MEDIAN SALE
$350,000
-43.0%
$199,481
5.2%
$209,900
29.5%
$271,900
28.7%
$350,000
$649,000
-15.3%
$550,000
1.6%
$559,000
12.4%
$628,500
13.4%
$713,000
$1MILLION+
SALES
3
133.3%
7
-57.1%
3
33.3%
4
0.0%
4
CONDOMINIUM / TOWNHOME
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$25,108,473
31.8%
$33,104,305
9.9%
$36,388,000
25.4%
$45,631,143
-9.4%
$41,357,603
65
29.2%
84
11.9%
94
29.8%
122
-8.2%
112
213
5.6%
225
6.7%
240
-7.9%
221
-26.2%
163
$386,284
2.0%
$394,099
-1.8%
$387,106
-3.4%
$374,026
-1.3%
$369,264
$800,000
10.3%
$882,500
-0.3%
$880,000
-4.5%
$840,000
1.7%
$854,000
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$1,020,000
92.8%
$1,967,000
-17.2%
$1,629,500
24.0%
$2,020,000
-23.3%
$1,549,000
3
100.0%
6
-16.7%
5
40.0%
7
-28.6%
5
710
-82.1%
127
165.4%
337
46.6%
494
-18.8%
401
$340,000
-3.6%
$327,883
-0.6%
$325,900
-11.5%
$288,571
7.4%
$309,800
$440,000
-3.4%
$425,000
47.1%
$625,000
-24.8%
$470,000
-19.1%
$380,000
LOW SALE MEDIAN SALE
$149,080
-12.0%
$131,250
-4.0%
$126,000
-0.8%
$125,000
4.0%
$130,000
$1MILLION+
SALES
$355,000
-1.1%
$351,250
-3.9%
$337,500
6.4%
$359,000
-2.8%
$349,000
0
N/A
0
N/A
0
N/A
0
N/A
0
HOMESITES
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
LOW SALE MEDIAN SALE
$260,000
-6.9%
$242,000
-8.3%
$222,000
-25.7%
$165,000
13.9%
$188,000
$1MILLION+
SALES
$320,000
4.7%
$335,000
-17.9%
$275,000
1.8%
$280,000
32.1%
$370,000
0
N/A
0
N/A
0
N/A
0
N/A
0
PRICE PER SQUARE FOOT COMPARISON
SINGLE-FAMILY/DUPLEX
CONDOMINIUM/TOWNHOME
2010
2011
2012
2013
2010
2011
2012
2013
HIGH
$627
$701
$423
$833
HIGH
$428
$465
$449
$512
LOW
$184
$161
$148
$193
LOW
$68
$171
$166
$188
AVERAGE
$299
$283
$264
$319
AVERAGE
$309
$306
$294
$298
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
12
2013 SLIFER REPORT
FRISCO
SINGLE-FAMILY/DUPLEX SALES VOLUME
MULTI-FAMILY SALES VOLUME
SINGLE-FAMILY SALES VOLUME
MULTI-FAMILY SALES VOLUME
$50
$35
34.35
$
$30
27.42
$25
24.78
23.37
36.38
33.10
$30
$15
$
$20
$10
MILLIONS
MILLIONS
41.35
$
$
$
$
$20
45.63
$
$40
$
$5
$0
2010
2011
2012
2013
$10
$0
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME
2010
2011
2012
2013
MULTI-FAMILY TR ANSAC TION VOLUME
SINGLE-FAMILY TRANSACTION VOLUME
MULTI-FAMILY TRANSACTION VOLUME
50
150
48
43
40
36
32
20
10
0
2010
2011
2012
2013
60
30
0
2010
2011
2012
2013
MULTI-FAMILY AVER AGE SALES PRICE
SINGLE-FAMILY AVERAGE SALES PRICE
MULTI-FAMILY AVERAGE SALES PRICE
$400,000
$800,000
$390,000
730,367
$
715,723
394,099
$
387,106
$
$
688,516
$
$650,000
$380,000
374,026
$
$370,000
637,756
$
$575,000
$500,000
112
94
84
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE
$725,000
122
90
TRANSACTIONS
TRANSACTIONS
30
120
369,264
$
$360,000
2010
2011
2012
2013
$350,000
2010
2011
2012
2013
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
2013 SLIFER REPORT
13
KE YSTONE
SINGLE-FAMILY/DUPLEX
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$21,609,750
-44.5%
$11,996,500
42.7%
$17,124,250
68.3%
$28,821,750
-26.4%
$21,198,749
18
-11.1%
16
0.0%
16
87.5%
30
-26.7%
22
197
83.8%
362
-21.8%
283
52.3%
431
-38.5%
265
$1,200,542
-37.7%
$747,906
43.1%
$1,070,266
-10.2%
$960,725
0.3%
$963,580
$3,050,000
-47.5%
$1,600,000
37.2%
$2,195,000
18.5%
$2,600,000
-26.9%
$1,899,999
LOW SALE MEDIAN SALE
$120,000
112.5%
$255,000
21.6%
$310,000
-6.5%
$290,000
8.6%
$315,000
$1,287,500
-41.6%
$752,000
28.0%
$962,500
-9.5%
$871,500
14.2%
$995,000
$1MILLION+
SALES
13
-84.6%
2
200.0%
6
83.3%
11
-9.1%
10
CONDOMINIUM / TOWNHOME
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$46,973,773
8.7%
$51,077,524
-19.2%
$41,259,975
40.4%
$57,939,049
11.0%
$64,299,000
119
15.1%
137
-12.4%
120
38.3%
166
18.1%
196
168
16.1%
195
15.4%
225
-4.4%
215
0.5%
216
$394,738
-5.6%
$372,829
-7.8%
$343,833
1.5%
$349,030
-6.0%
$328,056
$1,300,000
0.0%
$1,300,000
7.7%
$1,400,000
-21.4%
$1,100,000
-4.6%
$1,049,000
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$3,285,000
-94.2%
$190,000
243.4%
$652,500
251.9%
$2,296,300
-43.6%
$1,295,000
7
-71.4%
2
50.0%
3
233.3%
10
-30.0%
7
189
-88.9%
21
1738.1%
386
-21.2%
304
-49.7%
153
$469,286
-79.8%
$95,000
128.9%
$217,500
5.6%
$229,630
-19.4%
$185,000
$700,000
-85.7%
$100,000
235.0%
$335,000
11.9%
$375,000
-12.0%
$330,000
LOW SALE MEDIAN SALE
$124,000
-11.3%
$110,000
7.3%
$118,000
-15.3%
$100,000
-74.9%
$25,100
$340,000
-5.0%
$323,000
-13.3%
$280,000
7.9%
$302,000
-4.0%
$290,000
$1MILLION+
SALES
2
-50.0%
1
0.0%
1
0.0%
1
0.0%
1
HOMESITES
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
LOW SALE MEDIAN SALE
$240,000
-62.5%
$90,000
75.0%
$157,500
-3.4%
$152,100
-8.0%
$140,000
$1MILLION+
SALES
$410,000
-76.8%
$95,000
68.4%
$160,000
30.8%
$209,250
-24.7%
$157,500
0
N/A
0
N/A
0
N/A
0
N/A
0
PRICE PER SQUARE FOOT COMPARISON
SINGLE-FAMILY/DUPLEX
CONDOMINIUM/TOWNHOME
2010
2011
2012
2013
2010
2011
2012
2013
HIGH
$445
$466
$468
$445
HIGH
$665
$595
$617
$621
LOW
$168
$167
$172
$186
LOW
$165
$166
$125
$126
AVERAGE
$300
$307
$281
$293
AVERAGE
$340
$312
$305
$303
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
14
2013 SLIFER REPORT
KE YSTONE
SINGLE-FAMILY/DUPLEX SALES VOLUME
MULTI-FAMILY SALES VOLUME
SINGLE-FAMILY SALES VOLUME
MULTI-FAMILY SALES VOLUME
$30
$80
28.82
$
$25
$70
64.29
$
$60
$20
21.19
$
17.12
$15
$10
11.99
$5
2010
2011
2012
2013
$20
$10
$0
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME
2010
2011
SINGLE-FAMILY TRANSACTION VOLUME
2013
MULTI-FAMILY TRANSACTION VOLUME
200
196
30
30
166
150
25
137
22
15
16
TRANSACTIONS
20
16
10
5
0
2010
2011
2012
2013
120
100
50
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE
2010
2011
2012
2013
MULTI-FAMILY AVER AGE SALES PRICE
SINGLE-FAMILY AVERAGE SALES PRICE
MULTI-FAMILY AVERAGE SALES PRICE
$1,200,000
$380,000
$1,000,000
372,829
$
1,070,266
$
960,725
$
$800,000
963,580
$
747,906
$360,000
$
$600,000
2012
MULTI-FAMILY TR ANSAC TION VOLUME
35
TRANSACTIONS
41.25
$
$30
$
$0
51.07
$
$40
MILLIONS
MILLIONS
$50
$
57.93
$
349,030
$
$340,000
343,833
$
$400,000
328,056
$
$320,000
$200,000
$0
2010
2011
2012
2013
$300,000
2010
2011
2012
2013
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
2013 SLIFER REPORT
15
S I LV E R T H O R N E
SINGLE-FAMILY/DUPLEX
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$63,646,248
9.8%
$69,855,985
-21.9%
$54,523,810
47.6%
$80,484,984
3.1%
$82,995,164
77
32.5%
102
-10.8%
91
37.4%
125
0.0%
125
269
4.8%
282
1.1%
285
-10.5%
255
-26.3%
188
$826,575
-17.1%
$684,863
-12.5%
$599,163
7.5%
$643,880
3.1%
$663,961
$3,100,000
-29.0%
$2,200,000
-20.5%
$1,750,000
29.1%
$2,260,000
17.3%
$2,650,000
LOW SALE MEDIAN SALE
$278,000
-17.3%
$230,000
-30.4%
$160,000
-5.0%
$152,000
-40.8%
$90,000
$650,000
-9.1%
$591,000
-16.2%
$495,000
14.1%
$565,000
9.7%
$620,000
$1MILLION+
SALES
20
-25.0%
15
-20.0%
12
33.3%
16
6.3%
17
CONDOMINIUM / TOWNHOME
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$32,736,108
-22.9%
$25,243,542
10.2%
$27,825,690
-3.2%
$26,938,119
68.5%
$45,392,567
106
-14.2%
91
13.2%
103
-3.9%
99
68.7%
167
175
2.9%
180
-3.9%
173
6.9%
185
-18.4%
151
$308,831
-10.2%
$277,402
-2.6%
$270,152
0.7%
$272,102
-0.1%
$271,812
$595,000
-10.1%
$535,000
2.4%
$547,820
0.4%
$550,000
7.3%
$590,000
SALES
VOLUME
NO. OF
SALES
AVE. DAYS
ON MARKET
AVE. SALE
HIGH SALE
$6,554,480
-33.2%
$4,376,500
31.7%
$5,763,254
-13.6%
$4,979,230
-42.4%
$2,869,400
17
-11.8%
15
-20.0%
12
58.3%
19
-21.1%
15
276
92.4%
531
0.9%
536
-22.4%
416
43.8%
598
$385,558
-24.3%
$291,767
64.6%
$480,271
-45.4%
$262,065
-27.0%
$191,293
$1,400,000
-41.1%
$825,000
380.4%
$3,963,555
-80.4%
$775,000
-65.8%
$265,000
LOW SALE MEDIAN SALE
$110,000
4.5%
$115,000
-23.9%
$87,500
-4.0%
$84,000
4.8%
$88,000
$1MILLION+
SALES
$280,000
-8.9%
$255,000
-3.9%
$245,000
2.0%
$250,000
-2.0%
$245,000
0
N/A
0
N/A
0
N/A
0
N/A
0
HOMESITES
2009
% CHANGE
2010
% CHANGE
2011
% CHANGE
2012
% CHANGE
2013
LOW SALE MEDIAN SALE
$190,000
-52.6%
$90,000
-38.9%
$55,000
134.5%
$129,000
4.6%
$134,900
$347,000
-20.7%
$275,000
-40.4%
$164,000
50.7%
$247,200
-24.8%
$186,000
$1MILLION+
SALES
1
-100.0%
0
N/A
1
-100.0%
0
N/A
0
PRICE PER SQUARE FOOT COMPARISON
SINGLE-FAMILY/DUPLEX
CONDOMINIUM/TOWNHOME
2010
2011
2012
2013
2010
2011
2012
2013
HIGH
$416
$481
$672
$568
HIGH
$333
$337
$325
$331
LOW
$114
$95
$113
$85
LOW
$165
$120
$143
$120
AVERAGE
$249
$231
$232
$256
AVERAGE
$242
$226
$226
$227
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
16
2013 SLIFER REPORT
S I LV E R T H O R N E
SINGLE-FAMILY/DUPLEX SALES VOLUME
MULTI-FAMILY SALES VOLUME
SINGLE-FAMILY SALES VOLUME
MULTI-FAMILY SALES VOLUME
$100
$50
45.39
$
$80
$40
82.99
$
80.48
$
69.85
$
$60
$30
54.52
$
$20
MILLIONS
MILLIONS
$40
$20
$0
2010
2011
2012
2013
26.93
$
$10
$0
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME
2010
2011
2012
2013
MULTI-FAMILY TR ANSAC TION VOLUME
SINGLE-FAMILY TRANSACTION VOLUME
MULTI-FAMILY TRANSACTION VOLUME
150
200
120
125
125
167
150
102
90
91
TRANSACTIONS
TRANSACTIONS
27.82
$
25.24
$
60
30
0
2010
2011
2012
2013
100
91
103
99
2011
2012
50
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE
2010
2013
MULTI-FAMILY AVER AGE SALES PRICE
SINGLE-FAMILY AVERAGE SALES PRICE
MULTI-FAMILY AVERAGE SALES PRICE
$750,000
$380,000
372,829
$
$700,000
$360,000
684,863
$
$650,000
663,961
$
643,880
$
$600,000
343,833
$
599,163
$
328,056
$
$320,000
$550,000
$500,000
349,030
$
$340,000
2010
2011
2012
2013
$300,000
2010
2011
2012
2013
Source of all data contained in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable
but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2014 Slifer Smith & Frampton Real Estate
2013 SLIFER REPORT
17
THE MOST TRUSTED NAME IN COLOR ADO
MOUNTAIN RE AL ESTATE FOR 50 YE ARS
SSF ANNUAL CLOSED SALES VOLUME
$300
$250
$200
$150
MILLIONS
$100
$50
$0
2009
2010
2011
2012
2013
Today’s real estate market can be extremely complicated. Now more than ever its important
that you work with the market experts. Slifer Smith & Frampton Real Estate has a 50-year
perspective in Colorado mountain real estate, over 30 brokers in Summit County and has
negotiated an average of over $200 million in transactions each of the past five years.
S U M M I T C O U N T Y R E A L E S TAT E . C O M
18
2013 SLIFER REPORT
SLIFER SMITH & FR AMP TON
RE AL ESTATE OFFICES
FOR FURTHER REAL ESTATE MARKET INFORMATION PLEASE VISIT US
AT THE FOLLOWING LOCATIONS THROUGHOUT SUMMIT COUNTY:
BRECKENRIDGE
117 SOUTH MAIN STREET
P.O. Box 959
Breckenridge, CO 80424
Phone: (970)453-9090
Toll-free: (888)531-2800
211 NORTH MAIN STREET
P.O. Box 8740
Breckenridge, CO 80424
Phone: (970)547-6000
Toll-free: (877)333-8850
FRISCO
916 NORTH SUMMIT BOULEVARD
P.O. Box 2314
Frisco, CO 80443
Phone: (970)668-1550
KEYSTONE
KEYSTONE RESORT
0140 Ida Belle Drive F-12
P.O. Box 38-K61
Keystone, CO 80435
Phone: (970)496-4522
Toll-free: (800)548-3307
2013 SLIFER REPORT
19
ONE WEBSITE...
EVERY PROPERT Y IN SUMMIT COUNT Y
Summit CountyR eal E state.com

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