the slifer report - Vail Real Estate

T HE SLIFER R EPORT
SUMMIT COUNT Y REAL ESTATE
2014 ANNUAL MARKET REVIEW
TA B L E O F C O N T E N T S
Introduction .............................................. 2
Summit County Overview .....................3-4
Breckenridge .........................................5-6
Copper Mountain .................................. 7-8
Dillon ................................................... 9-10
Frisco .................................................. 11-12
Keystone .............................................13-14
Silverthorne ........................................15-16
Active Inventory ..................................... 17
SSF Office Information ........................... 18
S U M M I T C O U N T Y R E A L E S TAT E .C O M
I
n 2014, Summit County real estate performed well and saw increasing interest from buyers. Sales volume and
transactions have been on a steady incline since 2009 and are at their highest levels in seven years, totaling 1,804
transactions and over $910 million dollars in 2014.*
The market has experienced a significant increase in buyer activity coupled with historically low inventory levels. At
the start of 2015, there were 1,001 active residential and land properties for sale in Summit County which represents
the lowest number the market has seen in seven years. We do expect more listings to be introduced in anticipation
of the strong summer and fall sales season.
In 2014, Summit County real estate experienced a large uptick in land transactions, likely driven by buyers who were
challenged to find the right property in this low-inventory market. There were 133 sales of vacant land, nearly 30%
more than 2013.
While prices are starting to gradually rebound in certain areas, the average sales price in Summit County has
remained relatively flat since 2011. Smart sellers are pricing their homes to the market and value conscious buyers are
taking advantage of the historically low interest rates we continue to see in the lending industry.
Slifer Smith & Frampton remains to be the leader in marketing and property exposure and is proud to have the most
market share of properties $1 million and up. In 2014, Slifer Smith & Frampton sold more luxury real estate than any
other company in Summit County, accounting for 25% of luxury home sales and 44% more sales volume than our
next closest competitor.
We are proud to represent our clients in fulfilling their dreams of ownership in Summit County. We welcome you to
come in and see us at one of our 4 conveniently located offices in Frisco, Keystone and Breckenridge.
As we head into 2015, Summit County is coming off an incredible holiday season. With fantastic early season snow
(over 193” fallen so far), businesses across the board report one of the strongest seasons on record, and guests and
locals alike seem confident about the coming year.
On behalf of our brokers and staff, we wish you and your family a healthy and prosperous year and look forward to
assisting you with your 2015 real estate needs.
Best Regards,
Jeff
Jeff Moore
Managing Broker, Summit County
Slifer Smith & Frampton Real Estate
Datagathered
gathered from
Association
of Realtors
Multiple
ListingListing
Service.
Information
is deemed
reliable but
not guaranteed.
Data
fromthe
theSummit
Summit
Association
of Realtors
Multiple
Service.
Information
is deemed
reliable
but not guaranteed.
* *
Cover photo courtesy of Copper Mountain, Tripp Fay
2 014 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
1,804
1,634
1,500
1,430
1,352
1,000
1,092
985
1,195
500
0
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
SALES VOLUME COMPARISON
$1,500
1,281
$
$1,200
1,313
$
1,126
$
$900
910.5
$
815.2
$
795.2
$
718.9
$
MILLIONS
$600
584.5
597.8
$
$
594.0
$
$300
$0
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
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.
©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
3
2 014 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
$
505,018
$
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
2014
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
1,687
1,657
1,487
1,400
1,348
1,200
1,188
1,001
‘0
Ap 9
r‘
09
Ju
l‘
0
O 9
ct
‘0
Ja 9
n
‘1
Ap 0
r‘
10
Ju
l‘
1
O 0
ct
‘1
Ja 0
n
‘1
Ap 1
r‘
11
Ju
l‘
1
O 1
ct
‘1
Ja 1
n
‘1
Ap 2
r‘
12
Ju
l‘
1
O 2
ct
‘1
Ja 2
n
‘1
Ap 3
r‘
13
Ju
l‘
1
O 3
ct
‘1
Ja 3
n
‘1
Ap 4
r‘
14
Ju
l‘
1
O 4
ct
‘1
Ja 4
n
‘1
5
1,000
Ja
n
NUMBER OF RESIDENTIAL
& LAND PROPERTIES LISTED
2,400
*Inventory data taken on the 1st of the month and includes residential and land sales only. 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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
4
BRECKENRIDGE
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
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$165,243,848
173
269
$955,167
$3,950,000
$200,000
$775,000
57
2011
$188,174,387
227
266
$828,962
$3,275,000
$169,900
$700,000
62
2012
$235,856,451
269
228
$876,790
$5,570,130
$150,000
$675,000
70
2013
$239,480,646
293
227
$817,340
$3,400,000
$195,000
$660,000
73
2014
$285,782,322
298
211
$959,001
$3,640,593
$210,000
$762,500
104
CONDOMINIUM / TOWNHOME
SALES
VOLUME
NO. OF
SALES
AVER AGE
DAYS
ON MARKET
AVER AGE
SALE
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$134,083,512
227
336
$590,676
$2,690,000
$67,000
$425,000
30
2011
$118,268,874
260
298
$454,880
$2,685,000
$18,000
$366,750
12
2012
$110,305,596
272
279
$405,535
$1,280,000
$73,000
$350,000
5
2013
$149,433,128
344
209
$434,399
$1,930,000
$110,000
$362,500
18
2014
$158,229,974
344
198
$459,971
$1,900,000
$50,000
$410,500
13
SALES
VOLUME
NO. OF
SALES
AVER AGE
DAYS
ON MARKET
AVER AGE
SALE
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$17,785,085
58
271
$306,639
$3,300,000
$20,000
$152,334
3
2011
$14,262,750
56
282
$254,692
$1,575,000
$16,000
$193,450
2
2012
$26,110,000
70
427
$373,000
$2,550,000
$15,000
$177,000
6
2013
$25,625,495
68
498
$376,846
$2,350,000
$12,000
$230,000
4
2014
$26,603,250
72
458
$369,490
$1,598,000
$35,000
$242,000
5
HOMESITES
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N
SINGLE-FAMILY/DUPLEX
CONDOMINIUM / TOWNHOME
2011
2012
2013
2014
2011
2012
2013
2014
HIGH:
$830
$877
$790
$779
HIGH:
$1,353
$1,071
$1,124
$1,226
LOW:
$151
$87
$88
$121
LOW:
$131
$121
$126
$182
AVERAGE:
$268
$283
$294
$331
AVERAGE:
$403
$390
$416
$344
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
5
BRECKENRIDGE
SINGLE-FAMILY/DUPLEX SALES VOLUME
MULTI-FAMILY SALES VOLUME
SINGLE-FAMILY SALES VOLUME
MULTI-FAMILY SALES VOLUME
$300
$200
285.7
$
$250
239.4
$
235.8
$
$200
$150
134.0
$
188.1
$
165.2
$
$100
$50
$0
2010
2011
2012
2013
2014
$0
100
50
2010
2011
2012
2013
2014
0
959,001
876,790
2010
2011
2012
2013
2014
MULTI-FAMILY AVERAGE SALES PRICE
$
828,962
272
50
$600,000
$
260
100
SINGLE-FAMILY AVERAGE SALES PRICE
$800,000
344
MULTI-FAMILY AVER AGE SALES PRICE
$1,000,000
955,167
344
150
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE
$
2014
227
200
TRANSACTIONS
TRANSACTIONS
250
173
0
2013
300
227
200
2012
MULTI-FAMILY TRANSACTION VOLUME
298
293
2011
350
269
250
2010
MULTI-FAMILY TR ANSAC TION VOLUME
SINGLE-FAMILY TRANSACTION VOLUME
300
110.3
$
$50
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME
150
118.2
$
$100
MILLIONS
MILLIONS
$150
158.2
$
149.4
$
590,676
$
$500,000
$
817,340
$
454,880
$
$400,000
$600,000
434,399
$
405,535
$
459,971
$
$300,000
$400,000
$200,000
$200,000
$0
$100,000
2010
2011
2012
2013
$0
2014
2010
2011
2012
2013
2014
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
6
COPPER MOUNTAIN
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
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$7,645,000
4
382
$1,911,250
$2,995,000
$1,150,000
$1,750,000
4
2011
$6,899,000
3
372
$2,299,667
$2,849,000
$1,800,000
$2,250,000
3
2012
$1,700,000
1
301
$1,700,000
$1,700,000
$1,700,000
$1,700,000
1
2013
$3,650,000
2
926
$1,825,000
$1,900,000
$1,750,000
$1,825,000
2
2014
$3,990,000
2
646
$1,995,000
$2,300,000
$1,690,000
$1,995,000
2
CONDOMINIUM / TOWNHOME
SALES
VOLUME
NO. OF
SALES
AVER AGE
DAYS
ON MARKET
AVER AGE
SALE
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$10,878,800
29
216
$375,131
$825,000
$92,000
$340,000
0
2011
$10,101,250
28
261
$360,759
$1,275,000
$71,500
$332,500
1
2012
$13,634,360
41
362
$332,545
$832,000
$129,900
$348,000
0
2013
$18,342,100
52
370
$352,733
$1,125,000
$138,000
$303,000
2
2014
$24,781,595
72
321
$344,189
$889,200
$80,000
$320,000
0
SALES
VOLUME
NO. OF
SALES
AVER AGE
DAYS
ON MARKET
AVER AGE
SALE
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$0
0
0
$0
$0
$0
$0
0
2011
$1,100,000
1
0
$1,100,000
$1,100,000
$1,100,000
$1,100,000
1
2012
$1,850,000
2
49
$925,000
$1,200,000
$650,000
$925,000
1
2013
$1,712,000
2
328
$856,000
$912,000
$800,000
$856,000
0
2014
$0
0
0
$0
$0
$0
$0
0
HOMESITES
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N
SINGLE-FAMILY/DUPLEX
CONDOMINIUM / TOWNHOME
2011
2012
2013
2014
2011
2012
2013
2014
HIGH:
$500
$491
$479
$514
HIGH:
$472
$517
$555
$555
LOW:
$475
$491
$350
$460
LOW:
$221
$176
$170
$197
AVERAGE:
$490
$491
$415
$487
AVERAGE:
$368
$335
$359
$369
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
7
COPPER MOUNTAIN
SINGLE-FAMILY/DUPLEX SALES VOLUME
MULTI-FAMILY SALES VOLUME
SINGLE-FAMILY SALES VOLUME
MULTI-FAMILY SALES VOLUME
$25.0
$8.0
$7.0
6.899
$
$6.0
$20.0
18.342
$
$5.0
$15.0
$4.0
3.650
$10.0
MILLIONS
MILLIONS
13.634
$
3.990
$
$
$3.0
$2.0
1.700
$
$1.0
$0.0
24.781
$
7.645
$
2010
2011
2012
2013
2014
10.101
$
$5.0
$0.0
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME
2010
2011
2012
2013
2014
MULTI-FAMILY TR ANSAC TION VOLUME
SINGLE-FAMILY TRANSACTION VOLUME
4
10.878
$
MULTI-FAMILY TRANSACTION VOLUME
80
4
70
3
72
60
3
2
2
1
0
2
TRANSACTIONS
TRANSACTIONS
50
1
2010
2011
2012
2013
2014
52
40
41
30
20
29
28
2010
2011
10
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE
2012
2013
2014
MULTI-FAMILY AVER AGE SALES PRICE
SINGLE-FAMILY AVERAGE SALES PRICE
MULTI-FAMILY AVERAGE SALES PRICE
$2.5
$400,000
$350,000
2.299
$
$2.0
1.911
1.825
$
1.700
$
$1.5
360,759
$
352,733
$
332,545
$
$300,000
1.995
$
$
375,131
$
344,189
$
$250,000
$200,000
MILLIONS
$1.0
$150,000
$100,000
$0.5
$50,000
$0
2010
2011
2012
2013
$0
2014
2010
2011
2012
2013
2014
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
8
DILLON
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
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$25,978,050
47
195
$552,724
$2,591,000
$265,000
$462,500
2
2011
$26,218,353
53
188
$494,686
$915,000
$269,000
$495,000
0
2012
$35,074,040
66
160
$531,425
$1,475,000
$200,000
$445,000
3
2013
$37,610,925
70
136
$537,299
$1,300,000
$222,000
$372,000
4
2014
$34,598,475
65
157
$532,284
$1,210,000
$275,000
$455,000
2
CONDOMINIUM / TOWNHOME
SALES
VOLUME
NO. OF
SALES
AVER AGE
DAYS
ON MARKET
AVER AGE
SALE
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$12,622,910
59
181
$213,948
$950,000
$99,000
$185,000
0
2011
$15,911,138
75
189
$212,149
$640,000
$64,888
$215,000
0
2012
$19,197,450
87
176
$220,660
$687,500
$78,000
$179,000
0
2013
$23,183,695
99
147
$234,179
$765,000
$79,000
$215,000
0
2014
$32,327,320
122
121
$264,978
$728,000
$74,000
$250,000
0
SALES
VOLUME
NO. OF
SALES
AVER AGE
DAYS
ON MARKET
AVER AGE
SALE
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$1,049,400
6
149
$174,900
$345,000
$16,000
$169,450
0
2011
$568,000
4
215
$142,000
$199,000
$115,000
$127,000
0
2012
$1,179,900
7
339
$168,557
$325,000
$96,000
$114,900
0
2013
$913,450
7
626
$130,493
$166,000
$82,000
$141,000
0
2014
$687,000
5
546
$137,400
$155,000
$103,000
$145,500
0
HOMESITES
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N
SINGLE-FAMILY/DUPLEX
CONDOMINIUM / TOWNHOME
2011
2012
2013
2014
2011
2012
2013
2014
HIGH:
$277
$422
$332
$337
HIGH:
$432
$451
$408
$420
LOW:
$75
$124
$101
$137
LOW:
$111
$121
$122
$144
AVERAGE:
$199
$213
$228
$227
AVERAGE:
$219
$221
$236
$252
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
9
DILLON
SINGLE-FAMILY/DUPLEX SALES VOLUME
MULTI-FAMILY SALES VOLUME
SINGLE-FAMILY SALES VOLUME
MULTI-FAMILY SALES VOLUME
$35.0
$40.0
35.074
$
$30.0
$25.0
37.610
$
$35.0
$25.0
25.978
$
26.218
$
$15.0
MILLIONS
MILLIONS
$10.0
$10.0
$5.0
$0.0
2010
2011
2012
2013
2014
15.911
$
12.622
$
$5.0
$0.0
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME
2010
2011
2012
2013
2014
MULTI-FAMILY TR ANSAC TION VOLUME
SINGLE-FAMILY TRANSACTION VOLUME
MULTI-FAMILY TRANSACTION VOLUME
150
80
70
70
66
60
50
53
47
40
120
65
30
20
10
0
2010
122
90
TRANSACTIONS
TRANSACTIONS
19.197
$
$15.0
2011
2012
2013
2014
99
87
75
60
59
30
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE
2010
2011
2012
2013
2014
MULTI-FAMILY AVER AGE SALES PRICE
MULTI-FAMILY AVERAGE SALES PRICE
SINGLE-FAMILY AVERAGE SALES PRICE
$300,000
$600,000
552,724
$
531,425
$
494,686
$
537,299
$
$250,000
532,284
$
$400,000
$200,000
$300,000
$150,000
$200,000
$100,000
$100,000
$50,000
$0
23.183
$
$20.0
$20.0
$500,000
32.327
$
$30.0
34.598
$
2010
2011
2012
2013
$0
2014
264,978
$
213,948
$
2010
212,149
$
2011
220,660
$
2012
234,179
$
2013
2014
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
10
FRISCO
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
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$23,371,731
32
202
$730,367
$1,900,000
$199,481
$550,000
7
2011
$27,423,515
43
205
$637,756
$1,300,000
$209,900
$559,000
3
2012
$24,786,583
36
271
$688,516
$1,225,000
$271,900
$628,500
4
2013
$34,354,711
48
186
$715,723
$1,435,069
$350,000
$713,000
4
2014
$26,863,477
40
207
$671,587
$1,200,000
$345,000
$678,500
1
CONDOMINIUM / TOWNHOME
SALES
VOLUME
NO. OF
SALES
AVER AGE
DAYS
ON MARKET
AVER AGE
SALE
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$33,104,305
84
225
$394,099
$882,500
$131,250
$351,250
0
2011
$36,388,000
94
240
$387,106
$880,000
$126,000
$337,500
0
2012
$45,631,143
122
221
$374,026
$840,000
$125,000
$359,000
0
2013
$41,357,603
112
163
$369,264
$854,000
$130,000
$349,000
0
2014
$59,857,410
140
164
$427,553
$1,100,000
$157,000
$405,000
1
SALES
VOLUME
NO. OF
SALES
AVER AGE
DAYS
ON MARKET
AVER AGE
SALE
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$1,967,000
6
127
$327,883
$425,000
$242,000
$335,000
0
2011
$1,629,500
5
337
$325,900
$625,000
$222,000
$275,000
0
2012
$2,020,000
7
494
$288,571
$470,000
$165,000
$280,000
0
2013
$1,549,000
5
401
$309,800
$380,000
$188,000
$370,000
0
2014
$1,183,000
5
520
$236,600
$299,000
$140,000
$250,000
0
HOMESITES
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N
SINGLE-FAMILY/DUPLEX
CONDOMINIUM / TOWNHOME
2011
2012
2013
2014
2011
2012
2013
2014
HIGH:
$701
$423
$833
$605
HIGH:
$465
$449
$512
$488
LOW:
$161
$148
$193
$204
LOW:
$171
$166
$188
$206
AVERAGE:
$283
$264
$319
$308
AVERAGE:
$306
$294
$298
$332
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
11
FRISCO
SINGLE-FAMILY/DUPLEX SALES VOLUME
MULTI-FAMILY SALES VOLUME
SINGLE-FAMILY SALES VOLUME
$35.0
34.354
$
$30.0
26.863
$
24.786
23.371
45.631
$
$40.0
$
$
41.357
$
36.388
$
$30.0
$15.0
33.104
$
$20.0
MILLIONS
$10.0
MILLIONS
59.857
$
$50.0
27.423
$
$25.0
$20.0
MULTI-FAMILY SALES VOLUME
$60.0
$10.0
$5.0
$0.0
2010
2011
2012
2013
2014
$0.0
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME
2010
2011
2012
2013
2014
MULTI-FAMILY TR ANSAC TION VOLUME
SINGLE-FAMILY TRANSACTION VOLUME
MULTI-FAMILY TRANSACTION VOLUME
50
150
48
40
120
40
36
30
32
20
10
0
2010
2011
2012
2013
2014
112
94
84
60
30
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE
2010
2011
2012
2013
2014
MULTI-FAMILY AVER AGE SALES PRICE
MULTI-FAMILY AVERAGE SALES PRICE
SINGLE-FAMILY AVERAGE SALES PRICE
$500,000
$800,000
$700,000
122
90
TRANSACTIONS
TRANSACTIONS
140
43
327,883
$
288,571
$
$600,000
325,900
$
309,800
$
$400,000
236,600
$
427,553
$
394,099
$
$500,000
387,106
$
374,026
$
369,264
$
$300,000
$400,000
$200,000
$300,000
$200,000
$100,000
$100,000
$0
2010
2011
2012
2013
$0
2014
2010
2011
2012
2013
2014
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
12
KEYSTONE
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
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$11,996,500
16
362
$747,906
$1,600,000
$255,000
$752,000
2
2011
$17,124,250
16
283
$1,070,266
$2,195,000
$310,000
$962,500
6
2012
$28,821,750
30
431
$960,725
$2,600,000
$290,000
$871,500
11
2013
$21,198,749
22
265
$963,580
$1,899,999
$315,000
$995,000
10
2014
$14,558,300
20
296
$727,915
$1,550,000
$468,000
$715,000
2
CONDOMINIUM / TOWNHOME
SALES
VOLUME
NO. OF
SALES
AVER AGE
DAYS
ON MARKET
AVER AGE
SALE
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$51,077,524
137
195
$372,829
$1,300,000
$110,000
$323,000
1
2011
$41,259,975
120
225
$343,833
$1,400,000
$118,000
$280,000
1
2012
$57,939,049
166
215
$349,030
$1,100,000
$100,000
$302,000
1
2013
$64,299,000
196
216
$328,056
$1,049,000
$25,100
$290,000
1
2014
$79,458,450
247
234
$321,694
$1,700,000
$26,500
$283,000
1
SALES
VOLUME
NO. OF
SALES
AVER AGE
DAYS
ON MARKET
AVER AGE
SALE
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$190,000
2
21
$95,000
$100,000
$90,000
$95,000
0
2011
$652,500
3
386
$217,500
$335,000
$157,500
$160,000
0
2012
$2,296,300
10
304
$229,630
$375,000
$152,100
$209,250
0
2013
$1,295,000
7
153
$185,000
$330,000
$140,000
$157,500
0
2014
$2,784,000
9
744
$309,333
$475,000
$110,000
$320,000
0
HOMESITES
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N
SINGLE-FAMILY/DUPLEX
CONDOMINIUM / TOWNHOME
2011
2012
2013
2014
2011
2012
2013
2014
HIGH:
$466
$468
$445
$398
HIGH:
$595
$617
$621
$785
LOW:
$167
$172
$186
$164
LOW:
$166
$125
$126
$132
AVERAGE:
$307
$281
$293
$300
AVERAGE:
$312
$305
$303
$310
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
13
KEYSTONE
SINGLE-FAMILY/DUPLEX SALES VOLUME
MULTI-FAMILY SALES VOLUME
SINGLE-FAMILY SALES VOLUME
MULTI-FAMILY SALES VOLUME
$30.0
$80.0
28.821
$
79.458
$
$70.0
$25.0
$60.0
$20.0
21.198
14.558
$
41.259
$
$30.0
11.996
$
$20.0
$5.0
$10.0
$0.0
2010
2011
2012
2013
2014
$0.0
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME
2011
2012
2013
MULTI-FAMILY TRANSACTION VOLUME
30
247
200
196
22
20
20
16
16
10
5
0
2010
2011
2012
2013
166
150
TRANSACTIONS
15
2014
250
25
2014
137
120
100
50
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE
2010
2011
2012
2013
2014
MULTI-FAMILY AVER AGE SALES PRICE
MULTI-FAMILY AVERAGE SALES PRICE
SINGLE-FAMILY AVERAGE SALES PRICE
$400,000
$1,200,000
$350,000
1.07mm
$1,000,000
$
960,725
$
372,829
$
343,833
$
$300,000
963,580
$
$800,000
349,030
$
328,056
$
321,694
$
$250,000
747,906
$
$600,000
2010
MULTI-FAMILY TR ANSAC TION VOLUME
SINGLE-FAMILY TRANSACTION VOLUME
30
TRANSACTIONS
51.077
$
$40.0
MILLIONS
MILLIONS
$10.0
$50.0
17.124
$
$15.0
64.299
$
57.939
$
$
727,915
$
$200,000
$150,000
$400,000
$100,000
$200,000
$0
$50,000
2010
2011
2012
2013
$0
2014
2010
2011
2012
2013
2014
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
14
SILVERTHORNE
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
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$69,855,985
102
282
$684,863
$2,200,000
$230,000
$591,000
15
2011
$54,523,810
91
285
$599,163
$1,750,000
$160,000
$495,000
12
2012
$80,484,984
125
255
$643,880
$2,260,000
$152,000
$565,000
16
2013
$82,995,164
125
188
$663,961
$2,650,000
$90,000
$620,000
17
2014
$99,827,671
146
188
$683,751
$2,375,000
$168,000
$627,500
18
CONDOMINIUM / TOWNHOME
SALES
VOLUME
NO. OF
SALES
AVER AGE
DAYS
ON MARKET
AVER AGE
SALE
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$25,243,542
91
180
$277,402
$535,000
$115,000
$255,000
0
2011
$27,825,690
103
173
$270,152
$547,820
$87,500
$245,000
0
2012
$26,938,119
99
185
$272,102
$550,000
$84,000
$250,000
0
2013
$45,392,567
167
151
$271,812
$590,000
$88,000
$245,000
0
2014
$51,271,395
187
135
$274,178
$720,000
$92,500
$247,500
0
SALES
VOLUME
NO. OF
SALES
AVER AGE
DAYS
ON MARKET
AVER AGE
SALE
HIGH SALE
LOW SALE
MEDIAN
SALE
$1MILLION +
SALES
2010
$4,376,500
15
531
$291,767
$825,000
$90,000
$275,000
0
2011
$5,763,254
12
536
$480,271
$3,963,555
$55,000
$164,000
1
2012
$4,979,230
19
416
$262,065
$775,000
$129,000
$247,200
0
2013
$2,869,400
15
598
$191,293
$265,000
$134,900
$186,000
0
2014
$7,744,500
29
520
$267,052
$500,000
$29,500
$247,500
0
HOMESITES
P R I C E P E R S Q UA R E F O O T C O M PA R I S O N
SINGLE-FAMILY/DUPLEX
CONDOMINIUM / TOWNHOME
2011
2012
2013
2014
2011
2012
2013
2014
HIGH:
$481
$672
$568
$440
HIGH:
$337
$325
$331
$359
LOW:
$95
$113
$85
$100
LOW:
$120
$143
$120
$116
AVERAGE:
$231
$232
$256
$258
AVERAGE:
$226
$226
$227
$245
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
15
SILVERTHORNE
SINGLE-FAMILY/DUPLEX SALES VOLUME
MULTI-FAMILY SALES VOLUME
SINGLE-FAMILY SALES VOLUME
$100.0
MULTI-FAMILY SALES VOLUME
$60.0
99.827
$
$80.0
80.484
$
$50.0
82.995
$
$30.0
54.523
$
MILLIONS
MILLIONS
$20.0
$20.0
2010
2011
2012
2013
2014
$0.0
SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME
26.938
$
SINGLE-FAMILY TRANSACTION VOLUME
125
102
30
2011
2012
2013
2014
167
150
91
2010
2013
187
125
60
0
2012
MULTI-FAMILY TRANSACTION VOLUME
TRANSACTIONS
90
2011
200
146
120
2010
MULTI-FAMILY TR ANSAC TION VOLUME
150
TRANSACTIONS
25.243
$
$10.0
$0.0
2014
100
91
103
99
2011
2012
50
0
SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE
2010
2013
2014
MULTI-FAMILY AVER AGE SALES PRICE
MULTI-FAMILY AVERAGE SALES PRICE
SINGLE-FAMILY AVERAGE SALES PRICE
$278,000
$700,000
684,863
683,751
$
$
$660,000
$276,000
663,961
277,402
$
$
$640,000
$274,000
643,880
274,178
$
$
$272,000
$620,000
$600,000
272,102
$
$270,000
599,163
$
271,812
$
270,152
$
$580,000
$268,000
$560,000
$540,000
27.825
$
$40.0
$680,000
45.392
$40.0
69.855
$
$60.0
51.271
$
$
2010
2011
2012
2013
$266,000
2014
2010
2011
2012
2013
2014
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
16
LOCAL BRAND,
LOCAL LEADERS.
178
175
SLIFER SMITH & FRAMPTON HAS THE LARGEST
INVENTORY OF PROPERTIES FOR SALE OF ANY
REAL ESTATE COMPANY IN SUMMIT COUNTY.
150
125
115
100
S U M M I T C O U N T Y AC T I V E
RESIDENTIAL & L AND INVENTORY
Top 15 Companies as of 2.2.2015
52
40
15
17
19
20
23
59
75
66
50
42
26
25
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Today’s market can be extremely complicated. Now more than ever it’s important that
you work with the market experts. Slifer Smith & Frampton Real Estate has over 53-year
perspective in Colorado mountain real estate with over 40 brokers averaging 16 years’
experience per broker. It is not surprising that more clients across the globe trust the seasoned
experts at Slifer Smith & Frampton to maximize marketing exposure and sell their home.
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. ©2015 Slifer Smith & Frampton Real Estate
2014 A N N UA L SL I FE R R E P O R T
S U M M I T C O U N T Y R E A L E S TAT E .C O M
17
NUMBER OF ACTIVE PROPERTIES
126
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
211 NORTH MAIN STREET
P.O. Box 8740
Breckenridge, CO 80424
Phone: (970)547-6000
FRISCO - SILVERTHORNE
916 NORTH SUMMIT BOULEVARD
P.O. Box 2314
Frisco, CO 80443
Phone: (970)668-1550
DILLON - KEYSTONE
KEYSTONE RESORT
0140 Ida Belle Drive F-12
P.O. Box 38-K61
Keystone, CO 80435
Phone: (970)496-4522
18