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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


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 1,195

1,000

985

1,092

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. Š2014 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

$

486,697

$450,000 $

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

2,400 2,200

2,072

2,000 1,747

1,800 1,600

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

2,218

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

$250

$150

$

149.4

$

239.4

$

235.8

$200

$

134.0

$120

$

118.2

$

188.1

$

165.2

$150

110.3

$60 MILLIONS

$100 MILLIONS

$

$90

$50 $0

2010

2011

2012

2013

$30 $0

SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME

2010

2011

2012

2013

MULTI-FAMILY TR ANSAC TION VOLUME

300

350 293

250

227

200 150 100 50 0 2010

2011

2012

150 100 50 0 2010

SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE

$950,000

2011

2012

2013

MULTI-FAMILY AVER AGE SALES PRICE $700,000 $600,000 $

590,000

$

955,167 $500,000

$900,000 876,790

545,880

$ $

405,535

434,399

$300,000

$

828,962

$800,000

$

$400,000

$

$850,000

$

817,340

$750,000 $700,000

227

2013

$1,000,000

272

260

200

173 TRANSACTIONS

TRANSACTIONS

344 300

269

250

$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

$8.0 $7.0

$20 $

7.645

$

18.34

$

6.899

$6.0

$15

$5.0

$

13.63

$10

$4.0

$

10.87

$

10.10

$

3.650 MILLIONS

MILLIONS

$3.0 $2.0 $

1.700

$1.0 $0

2010

2011

2012

2013

$5

$0

SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME

2010

2011

2012

2013

MULTI-FAMILY TR ANSAC TION VOLUME

5

60 50

4

52

4 40

41

3 2 2 1 1 0 2010

2011

2012

TRANSACTIONS

TRANSACTIONS

3

30 29

28

2010

2011

20 10 0

2013

SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE

2012

2013

MULTI-FAMILY AVER AGE SALES PRICE MULTI-FAMILY AVERAGE SALES PRICE

$2.5

$380,000 $

375,131

$

2.299

$2.0

$360,000

$

1.911

$

360,759

$ $

1.700

$1.5

1.825

$

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 $25

$40 $

37.61

$35

$

23.18

$

35.07

$20

$30

$

19.19

$25

$

$

25.97

26.21

$15

$

15.91

$20

$

MILLIONS

MILLIONS

12.62

$10

$15 $10 $5 $0

2010

2011

2012

2013

$5 $0

SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME

2010

2011

2012

2013

MULTI-FAMILY TR ANSAC TION VOLUME 100

80

99 70 70

87

80

66

60

75 53

60

47

40

59 TRANSACTIONS

TRANSACTIONS

50

30 20 10 0 2010

2011

2012

40 20 0

2013

2010

SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE

2011

2012

2013

MULTI-FAMILY AVER AGE SALES PRICE MULTI-FAMILY AVERAGE SALES PRICE

$575,000 $550,000

$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

2010

2011

2012

2013

$200,000

213,948

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 $50

$35 $

34.35

$30

$

45.63

$40

$

41.35

$

27.42

$25

$

36.38

$

24.78

$

23.37

$20 $15

33.10

$20

$10

MILLIONS

MILLIONS

$

$30

$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

50

150 48 43

40

120

122 112

36 90

32 TRANSACTIONS

TRANSACTIONS

30 20 10 0

2010

2011

2012

94 84

60 30 0

2013

2010

SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE

2011

2012

2013

MULTI-FAMILY AVER AGE SALES PRICE MULTI-FAMILY AVERAGE SALES PRICE $400,000

$800,000

$725,000

$390,000 $

730,367

$

394,099 $

387,106

$

715,723 $380,000

$

688,516

$650,000 $

637,756

$

369,264

$575,000

$500,000

374,026

$370,000

$

$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

$30

$80 $

28.82

$70

$25

$

64.29

$60 $20

$

21.19

17.12

$10

$

51.07

$40

$

41.25

$30

$

MILLIONS

11.99

$5 $0

57.93

$50

$

$15

MILLIONS

$

2010

2011

2012

2013

$20 $10 $0

SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME

2010

2011

2012

2013

MULTI-FAMILY TR ANSAC TION VOLUME

35

200 196

30

30

166

150

25

137 22

15

16

16

10 5 0 2010

120 TRANSACTIONS

TRANSACTIONS

20

2011

2012

100

50

0

2013

2010

SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE

2011

2012

2013

MULTI-FAMILY AVER AGE SALES PRICE MULTI-FAMILY AVERAGE SALES PRICE

$1,200,000

$380,000

$1,000,000

$

372,829

$

1,070,266 $

960,725

$

963,580

$360,000

$800,000 $

747,906

$

349,030

$600,000

$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

$100

$50 $

45.39

$80

$40

$

82.99

$

80.48

$

69.85

$60

$30 $

$

54.52

25.24

$

26.93

$20 MILLIONS

$40 MILLIONS

27.82

$

$20 $0

2010

2011

2012

2013

$10 $0

SINGLE-FAMILY/DUPLEX TR ANSAC TION VOLUME

2010

2011

2012

2013

MULTI-FAMILY TR ANSAC TION VOLUME

150

200

120

125

125

167

150

102

90

TRANSACTIONS

TRANSACTIONS

91 60 30 0 2010

2011

2012

100

103

99

2011

2012

91 50

0

2013

2010

SINGLE-FAMILY/DUPLEX AVER AGE SALES PRICE

2013

MULTI-FAMILY AVER AGE 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

349,030

$

343,833

$

599,163

$

328,056

$320,000

$550,000 $500,000

$

$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

2013 Summit County Real Estate Market  

2013 Summit Coumty Real Estate Market Annual Review

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