1108 Land Title's Market Analysis.PDF

E gle C Eag Cou unty M Marrkett Daata Nov N vem mber 20 008 8 ‐ PRESSENTED D BY ‐ Kento on Hopkkins MR RE, CRS,, GRI D David M McHugh e‐PRO L Land Tit tle Guarantee

P Please c contactt us at (970) 84 45‐8053 3 for additionaal inform mation H Highland ds Lodgge Office in Beaaver Crreek, Co olorado o

MARKET ANALYSIS Eagle County, Colorado November 2008 Month to Month Comparison by Total Dollar Volume Month January February March April May June July August September October November December

YTD - TOTAL

2005

% of Previous Year

2006

% of Previous Year

2007

% of Previous Year

$132,772,300 $172,605,800 $201,990,500 $226,125,302 $211,985,000 $275,455,100 $217,831,600 $233,778,200 $284,867,000 $258,610,100 $361,816,100 $222,412,500

111% 125% 126% 164% 117% 174% 115% 115% 118% 130% 167% 79%

$138,340,500 $149,697,700 $238,965,700 $183,511,300 $257,872,000 $277,390,500 $214,424,600 $258,099,400 $259,621,200 $228,350,800 $298,677,400 $249,220,500

104% 87% 118% 81% 122% 101% 98% 110% 91% 88% 83% 112%

$173,416,500 $253,057,700 $266,688,300 $233,926,100 $301,894,600 $332,660,200 $190,341,400 $313,687,200 $260,515,200 $215,096,100 $216,475,200 $202,738,700

125% 169% 112% 127% 117% 120% 89% 122% 100% 94% 72% 81%

$124,253,400 $207,081,600 $228,388,700 $137,700,500 $158,543,900 $188,121,300 $243,432,100 $211,288,800 $169,448,700 $167,365,200 $174,144,400

72% 82% 86% 59% 53% 57% 128% 67% 65% 78% 80% 0%

$2,577,837,002

132%

$2,504,951,100

97%

$2,757,758,500

110%

$2,009,768,600

73%

2008

% of Previous Year

2008

% of Previous Year

Month to Month Comparison by Number of Transactions Month January February March April May June July August September October November December

YTD - TOTAL

2005

% of Previous Year

2006

% of Previous Year

2007

% of Previous Year

193 209 311 375 381 370 325 338 412 368 410 331

123% 123% 143% 170% 133% 118% 99% 104% 119% 111% 134% 113%

182 186 259 233 290 326 261 292 278 269 264 275

94% 89% 83% 62% 76% 88% 80% 86% 67% 73% 64% 83%

175 273 210 221 266 286 204 285 248 181 190 149

96% 147% 81% 95% 92% 88% 78% 98% 89% 67% 72% 54%

104 131 145 117 107 172 157 110 166 175 120

59% 48% 69% 53% 40% 60% 77% 39% 67% 97% 63% 0%

3,692

122%

2,840

77%

2,539

89%

1,504

59%

Please note: The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

VAIL 108 S. Frontage Rd. W Suite 203 P O Box 357 Vail, CO 81658 ph: (970) 476-2251 fax: (970) 476-4534

AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892

EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064

Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

Market Analysis by Area Includes: Commercial, Residential and Vacant Land

November 2008 Eagle County, Colorado Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

$0

0.00%

0

0.00%

$0

$0

$500,000

0.29%

1

0.83%

$500,000

n/a

$0

0.00%

0

0.00%

$0

$0

Vail Village

$83,848,200

48.15%

14

11.67%

$5,989,157

$3,950,000

Lionshead

Area Bighorn, East Vail Booth Creek, The Falls 11th Filing, Vail Golf Course

$7,693,000

4.42%

2

1.67%

$3,846,500

n/a

Spraddle Creek

$0

0.00%

0

0.00%

$0

$0

Potato Patch Lionsridge, Sandstone, The Ridge, The Valley

$0

0.00%

0

0.00%

$0

$0

$2,712,500

1.56%

1

0.83%

$2,712,500

n/a

$0

0.00%

0

0.00%

$0

$0

$355,000

0.20%

1

0.83%

$355,000

n/a

Cascade Village, Glen Lyon Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge

$0

0.00%

0

0.00%

$0

$0

Intermountain, Matterhorn, Vail Village West

$4,150,000

2.38%

3

2.50%

$1,383,333

$1,125,000

Minturn, Redcliff

$1,820,000

1.05%

1

0.83%

$1,820,000

n/a

Eagle Vail

$3,899,000

2.24%

8

6.67%

$487,375

$389,000

Avon

$27,877,700

16.01%

34

28.33%

$819,932

$527,300

Highland Meadows

$0

0.00%

0

0.00%

$0

$0

Wildridge

$2,650,000

1.52%

1

0.83%

$2,650,000

n/a

Beaver Creek

$7,668,000

4.40%

3

2.50%

$2,556,000

$1,850,000

$0

0.00%

0

0.00%

$0

$0

$2,075,500

1.19%

1

0.83%

$2,075,500

n/a

Mountain Star

Bachelor Gulch Arrowhead

$975,000

0.56%

1

0.83%

$975,000

n/a

Edwards

$4,371,800

2.51%

4

3.33%

$1,092,950

$538,700

Homestead, South 40

$1,415,400

0.81%

3

2.50%

$471,800

$515,000

Lake Creek, Squaw Creek

$0

0.00%

0

0.00%

$0

$0

Cordillera Valley Club

$0

0.00%

0

0.00%

$0

$0

Berry Creek, Singletree

$1,500,000

0.86%

1

0.83%

$1,500,000

n/a

Wolcott

$0

0.00%

0

0.00%

$0

$0

Bellyache, Red Sky

$0

0.00%

0

0.00%

$0

$0

Eagle

$7,824,400

4.49%

18

15.00%

$434,689

$482,500

Gypsum

$5,540,900

3.18%

17

14.17%

$325,935

$312,500

Cordillera

Basalt, El Jebel and Misc. In-County

TOTAL

$7,268,000

4.17%

6

5.00%

$1,211,333

$812,500

$174,144,400

100.00%

120

100.00%

$1,451,203

$527,300

Please note: The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

VAIL 108 S. Frontage Rd. W Suite 203 P O Box 357 Vail, CO 81658 ph: (970) 476-2251 fax: (970) 476-4534

AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892

EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064

Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

All Residential Transactions November 2008

Improved Residential

Eagle County, Colorado

Sale Under $500,000 $500,001 to $1,000,000 $1,000,001 to $1,500,000 $1,500,001 to $2,000,000 $2,000,001 to $2,500,000 $2,500,001 to $3,000,000 $3,000,001 to $3,500,000 $3,500,001 to $4,000,000 $4,000,001 to $4,500,000 $4,500,001 to 5,000,000 Over $5 Million Improved Residential Total: Residential Vacant Land and Commercial Total*:

Number of Transactions 37 23 14 2 3 4 2 6 1 0 7 99

Total Dollar Volume $14,660,700 $14,860,700 $18,074,900 $3,425,000 $6,516,300 $10,962,500 $6,750,000 $23,118,700 $4,243,000 $0 $64,117,000 $166,728,800

Average Sales Price $396,235 $646,117 $1,291,064 $1,712,500 $2,172,100 $2,740,625 $3,375,000 $3,853,117 $4,243,000 $0 $9,159,571 $1,684,129

21

$7,415,600

$353,124

Total Number of Transactions $1,000,001 to $1,500,000 14%

Over 2 Million 23%

Total Dollar Volume $46,791,100 $119,937,700 $0

Average Sales Price $1,299,753 $1,903,773 $0

Total

99

$166,728,800

$1,684,129

Over 2 Million 69%

$1,500,001 to $2,000,000 2%

$1,000,001 to $1,500,000 11%

Under $500,000 38%

Number of Transactions 36 63 0

Total Dollar Volume

$1,500,001 to $2,000,000 2%

$500,001 to $1,000,000 23%

Sale Single Family Multi Family Vacant Residential Land

$500,001 to $1,000,000 9%

Under $500,000 9%

* includes all non-improved residential transactions

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com

All Residential Transactions Through November 2008

Improved Residential

Eagle County, Colorado

Sale Under $500,000 $500,001 to $1,000,000 $1,000,001 to $1,500,000 $1,500,001 to $2,000,000 $2,000,001 to $2,500,000 $2,500,001 to $3,000,000 $3,000,001 to $3,500,000 $3,500,001 to $4,000,000 $4,000,001 to $4,500,000 $4,500,001 to 5,000,000 Over $5 Million Improved Residential Total: Residential Vacant Land and Commercial Total*:

Number of Transactions 398 377 117 83 65 42 15 27 16 12 59 1211

Total Dollar Volume $148,845,700 $263,078,700 $143,832,500 $142,652,600 $149,433,000 $116,155,100 $50,319,500 $101,899,700 $69,188,500 $57,753,000 $468,845,900 $1,712,004,200

Average Sales Price $373,984 $697,821 $1,229,338 $1,718,706 $2,298,969 $2,765,598 $3,354,633 $3,774,063 $4,324,281 $4,812,750 $7,946,541 $1,413,711

293

$297,764,400

$1,016,261

Total Number of Transactions $1,000,001 to $1,500,000 10%

Sale Single Family Multi Family Vacant Residential Land

Number of Transactions 463 748 76

Total Dollar Volume $728,039,800 $983,964,400 $43,054,000

Average Sales Price $1,572,440 $1,315,460 $566,500

Total

1287

$1,755,058,200

$1,363,682

Total Dollar Volume

$1,500,001 to $2,000,000 7%

$500,001 to $1,000,000 31%

Over 2 Million 19%

Under $500,000 33%

Over 2 Million 59% $1,500,001 to $2,000,000 8%

$1,000,001 to $1,500,000 8%

$500,001 to $1,000,000 15%

Under $500,000 9%

* includes all non-improved residential transactions

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com

Commercial Transactions November 2008 Eagle County, Colorado

Sale Commercial Improved Commercial Vacant Development Vacant

Number of Transactions 11 5 0

Total Dollar Volume $4,779,800 $1,820,900 $0

Average Sales Price $434,527 $364,180 $0

YTD Number of Transactions 83 39 5

YTD Total Dollar Volume $97,732,100 $20,978,200 $49,287,800

YTD Average Sales Price $1,177,495 $537,903 $9,857,560

Total

16

$6,600,700

$412,544

127

$167,998,100

$1,322,820

Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

Market Analysis by Area Includes: Commercial, Residential and Vacant Land Through November 2008 Eagle County, Colorado Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

$50,655,400

2.52%

59

3.92%

$858,566

$538,750

Booth Creek, The Falls

$1,772,000

0.09%

3

0.20%

$590,667

$636,000

11th Filing, Vail Golf Course

$25,354,000

1.26%

11

0.73%

$2,304,909

$2,312,500

Vail Village

$275,110,300

13.69%

64

4.26%

$4,298,598

$3,518,200

Lionshead

$334,633,800

16.65%

102

6.78%

$3,280,724

$2,595,000

$0

0.00%

0

0.00%

$0

$0

Area Bighorn, East Vail

Spraddle Creek Potato Patch Lionsridge, Sandstone, The Ridge, The Valley

$3,125,000

0.16%

2

0.13%

$1,562,500

n/a

$16,216,700

0.81%

25

1.66%

$648,668

$474,000

Cascade Village, Glen Lyon

$11,594,000

0.58%

5

0.33%

$2,318,800

$1,549,000

Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge

$7,219,000

0.36%

11

0.73%

$656,273

$528,500

Highland Meadows

$12,199,100

0.61%

7

0.47%

$1,742,729

$1,425,000

Intermountain, Matterhorn, Vail Village West

$27,419,600

1.36%

26

1.73%

$1,054,600

$700,000

Minturn, Redcliff

$12,407,000

0.62%

20

1.33%

$620,350

$515,000

Eagle Vail

$66,047,900

3.29%

59

3.92%

$1,119,456

$540,500

Avon

$106,024,400

5.28%

157

10.44%

$675,315

$441,800

Mountain Star

$12,075,000

0.60%

7

0.47%

$1,725,000

$1,350,000

Wildridge

$24,010,500

1.19%

28

1.86%

$857,518

$550,000

Beaver Creek

$189,825,700

9.45%

83

5.52%

$2,287,057

$1,647,500

Bachelor Gulch

$108,910,900

5.42%

31

2.06%

$3,513,255

$2,662,500

Arrowhead

$100,081,100

4.98%

48

3.19%

$2,085,023

$1,275,000

Berry Creek, Singletree

$44,003,000

2.19%

39

2.59%

$1,128,282

$935,000

Edwards

$61,173,300

3.04%

83

5.52%

$737,028

$399,100

Homestead, South 40

$21,089,300

1.05%

33

2.19%

$639,070

$525,000

Lake Creek, Squaw Creek

$38,173,700

1.90%

16

1.06%

$2,385,856

$3,577,000

Cordillera Valley Club

$10,304,600

0.51%

8

0.53%

$1,288,075

$895,000

Cordillera

$69,106,400

3.44%

44

2.93%

$1,570,600

$1,235,000

$785,000

0.04%

2

0.13%

$392,500

n/a

Bellyache, Red Sky

$10,985,300

0.55%

6

0.40%

$1,830,883

$1,875,000

Eagle

$117,247,000

5.83%

207

13.76%

$566,411

$447,000

Gypsum

$107,103,800

5.33%

142

9.44%

$754,252

$380,000

$145,115,800

7.22%

176

11.70%

$824,522

$627,800

$2,009,768,600

100.00%

1504

100.00%

$1,336,282

$609,000

Wolcott

Basalt, El Jebel and Misc. In-County

TOTAL

Please note: The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

VAIL 108 S. Frontage Rd. W Suite 203 P O Box 357 Vail, CO 81658 ph: (970) 476-2251 fax: (970) 476-4534

AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892

EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064

Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

Residential Improved Transactions Excludes: Vacant Land and Commercial

November 2008 Eagle County, Colorado

Area

Total Dollar Volume

% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

$0

0.00%

0

0.00%

$0

$0

$500,000

0.30%

1

1.01%

$500,000

n/a

Bighorn, East Vail Booth Creek, The Falls

$0

0.00%

0

0.00%

$0

$0

$83,535,700

50.10%

13

13.13%

$6,425,823

$3,975,000

$7,693,000

4.61%

2

2.02%

$3,846,500

n/a

Spraddle Creek

$0

0.00%

0

0.00%

$0

$0

Potato Patch Lionsridge, Sandstone, The Ridge, The Valley

$0

0.00%

0

0.00%

$0

$0

$2,712,500

1.63%

1

1.01%

$2,712,500

n/a

11th Filing, Vail Golf Course Vail Village Lionshead

Cascade Village, Glen Lyon

$0

0.00%

0

0.00%

$0

$0

Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge

$0

0.00%

0

0.00%

$0

$0

Highland Meadows

$0

0.00%

0

0.00%

$0

$0

$4,150,000

2.49%

3

3.03%

$1,383,333

$1,125,000

Intermountain, Matterhorn, Vail Village West

$0

0.00%

0

0.00%

$0

$0

$2,349,000

1.41%

5

5.05%

$469,800

$465,000

$27,632,700

16.57%

33

33.33%

$837,355

$527,300

$0

0.00%

0

0.00%

$0

$0

Wildridge

$2,650,000

1.59%

1

1.01%

$2,650,000

n/a

Beaver Creek

$7,668,000

4.60%

3

3.03%

$2,556,000

$1,850,000

$0

0.00%

0

0.00%

$0

$0

$2,075,500

1.24%

1

1.01%

$2,075,500

n/a

$975,000

0.58%

1

1.01%

$975,000

n/a

Edwards, Scottsville

$3,337,000

2.00%

2

2.02%

$1,668,500

n/a

Homestead, South 40

$1,415,400

0.85%

3

3.03%

$471,800

$515,000

Lake Creek, Squaw Creek

$0

0.00%

0

0.00%

$0

$0

Cordillera Valley Club

$0

0.00%

0

0.00%

$0

$0

$1,500,000

0.90%

1

1.01%

$1,500,000

n/a

Wolcott: North of I-70

$0

0.00%

0

0.00%

$0

$0

Bellyache, Red Sky, Wolcott South of I70

$0

0.00%

0

0.00%

$0

$0

Eagle

$6,261,000

3.76%

11

11.11%

$569,182

$574,500

Gypsum

$5,029,000

3.02%

13

13.13%

$386,846

$376,500

Basalt, El Jebel and Misc. In-County

$7,245,000

4.35%

5

5.05%

$1,449,000

$912,200

100%

99

100%

$1,684,129

$594,500

Minturn, Redcliff Eagle Vail Avon Mountain Star

Bachelor Gulch Arrowhead Berry Creek, Singletree

Cordillera

TOTAL

$166,728,800

Please note: The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

VAIL 108 S. Frontage Rd. W Suite 203 P O Box 357 Vail, CO 81658 ph: (970) 476-2251 fax: (970) 476-4534

AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892

EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064

Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com Bob Rulon 970-328-1462 brulon@ltgc.com

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information