Real Estate of Winter Park Property Guide - Summer 2019

WHERE TO BUY?

A county map & individual neighborhood photos and descriptions.

2

Stark Raving Mad Photography

WINTER PARK RESORT Formally Opened in 1940 Avg. Annual Snowfall: 350 in Skiable Acres: 3,081 Base Elevation: 9,000 ft.

4

5

6

Founders Pointe Unit 4657 2 Beds/2 Baths · 900 sq ft · $699,000 · 19-648

7

Avg Sold Price Avg Sold Price in Thousands

2019 YTD

8

Percent of

Percent of List Price

Price Per

Price Per Finished Sq Ft

9

WINTER PARK VILLAGE Also known as Old Town, this small neighborhood is located within walking distance to Winter Park Resort. Some properties have Fraser River frontage, ski area and/or Continental Divide views. The land parcels are zoned for single family or duplexes. There are several shuttle bus stops along Winter Park Drive. This area is very special and offers some commercial properties, an eatery, bar and ski rental business.

10

Winter Park Area Market Update

2019 YTD

All statistics date range: 1/1/2019 through 6/15/2019

Single Family Home Stats

117 Average Days on Market

$298.81

(60 days less than 2018 average)

2%

Price Per Sq Ft

over 2018 average

$688,700

Average Sold Price

$1,000,000 $824,253

Percent of Asking Price

$800,000

99%

$730,188 $584,878

$600,000

$688,700

$589,015

(up 1% from 2018 average) $400,000

-16%

$200,000

over 2018 average

0

2015

2016

2017

2018

2019 YTD*

Average Sold Price Year Over Year *1/1/2019 - 6/15/2019

For the Left Brained Single Family Homes in the Winter Park Area*

Year to Date Thru 06/15/18

Thru 06/15/19

Percent change from Previous Year

58

46

-21%

$824,539

$688,700

-16%

Days on Market

229

117

-49%

Percent of List Price

98%

99%

1%

$303.54

$298.81

-2%

Sold Listings Average Sales Price

Price per Sq Ft

WINTER PARK Population: 452 Elevation: 9040 ft Zipcode: 80482 Avg Annual Snowfall: 227 in Winter Park began as two small settlements - Old Town & Hideaway Park.

12

13

14

15

16

17

18

*Data taken from: https://www.airdna.co/ as of July 1, 2019

increase in sold price year over year

increase in sold price year over year

19

$500,000

$400,000

$300,000

$200,000

$100,000

0

20

Making Your Way Around Town

21

22

23

24

25

26

UNDER CONTRACT

27

28

29

Winter Park Area Market Update

2019 YTD

All statistics date range: 1/1/2019 through 6/15/2019

Vacant Land Stats

333

Percent of Asking Price

92%

Average Days on Market (113 days more than 2018 average)

$192,177

Average Sold Price

(down 2% from 2018 average)

$250,000

$229,304 $192,177

$200,000 $152,605 $150,000

$129,849 $118.842

$100,000

-16%

over 2018 average

$50,000

0

2015

2016

2017

2018

2019 YTD*

Average Sold Price Year Over Year *1/1/2019 - 6/15/2019

For the Left Brained Vacant Land in the Winter Park Area*

Year to Date Thru 06/15/18

Thru 06/15/19

Percent change from Previous Year

40

35

-13%

$154,994

$192,177

24%

Days on Market

358

333

-7%

Percent of List Price

95%

92%

-3%

Sold Listings Average Sales Price

Grand Park Community Recreation Center • 20 ft loop slide, spray & play feature, lazy river, zero-depth entry pool & 4-lane, 25-yard lap pool • Whirlpool, sauna and steam rooms • Locker rooms and family changing rooms • Climbing and bouldering wall • Multi-sport gymnasium • Gymnastic center including a foam and tramp pit • Running / walking track • Cardio, circuit training and free weight area • Group Fitness, Yoga, Aerobic / dance studio room • Drop-in childcare - Playful Penguin Room • Beautiful lobby area with fireplace, TV and game tables • Local residents and property owners in district receive discounts!

32

Stark Raving Mad Photography

33

34

UNDER CONTRACT

UNDER CONTRACT

decrease in sold price year over year

UNDER CONTRACT

37

UNDER CONTRACT

Lot: 25

38

39

40

$6,000,000

$5,000,000

$2,000,000

$4,000,000 $1,500,000 $3,000,000 $1,000,000 $2,000,000 $500,000

$1,000,000

All data from the multiple listing services in the state of Colorado. Report Š 2018 ShowingTime.

Boulder

Denver

Grand

Routt

Summit

Eagle

Pitkin

0

0

41

42

43

AVERAGE SOLD PRICE BY TOWN YEAR OVER YEAR 2018 & 2019 YTD

Single Family Homes $499,272 -4%

Grand Lake

Granby

$536,047 +12%

Tabernash

$622,160 -11%

Fraser

$736,116 -10%

Winter Park

$962,500 -19%

AVERAGE SOLD PRICE BY TOWN YEAR OVER YEAR 2018 & 2019 YTD

Townhomes Grand Lake

Granby

N/A

$482,938 +27% $513,000 +9% Tabernash

Fraser

$585,028 +13%

44

Winter Park

$866,668 +17%

AVERAGE SOLD PRICE BY TOWN YEAR OVER YEAR 2018 & 2019 YTD

Condos Grand Lake

Granby

$264,200 +3%

$235,557 +11%

Hot Sulphur Springs Fraser

$362,963 +6%

Winter Park

$405,143 +10%

AVERAGE SOLD PRICE BY TOWN YEAR OVER YEAR 2018 & 2019 YTD

Vacant Land Grand Lake

Granby

$96,104 +2% $112,642 -53%

Hot Sulphur Springs

Tabernash Fraser

$324,750 +36%

$76,100 -15%

Winter Park

$319,167 +50%

45

46

STRRK RAVING MAD PHOTOGRAPHY

47

UNDER CONTRACT

48

$100,000

$80,000

$60,000

$40,000

$20,000

0

49

$600,000

$500,000

$400,000

$300,000

$200,000

$100,000

0

less than 1% decrease in sold price year over year

8%

decrease in sold price year over year

51

52

53

REWP is proud to support the Grand County Board of Realtor's "Shop Off" benefiting Mountain Family Center each year

below are some of the organizations where we frequently give our time, money, and passion:

REWP is the proud sponsor of High Note Thursdays!

Sue Seemann, posing in front of REWP's sponsored Trail, D4 in Winter Park

Sue Seemann & Jen Hughes, co-organizers of the YOUnity Yoga Event

Karissa Gagnon, Lisa Waldorf and Angela Sandstrom representing REWP at the annual Chamber dinner at Winter Park Resort 55

58

59

60

61

62

$600,000

$500,000

$400,000

$300,000

$200,000

$100,000

0

64

65

66

67

68

69

70

71

72

73

74

75

76

77

78

Karissa Gagnon

White Julie

Angela Sandstr om

Dan Gil e

yd Zach Llo Jennifer Hughes

y a Lalle Shann

Jean Wolter

Sylvia & Regis Janene Jo hnson

Sue Seeman n

Carrie Flynn

ach Peter G

ar Mary Ore Madison Tonn

Peggy Sm ith

schneider Katie Riemen

Marga ret So nnek