2020 Annual Slifer Report - Summit County

THE SLIFER REPORT Summit County Real Estate 2020 Annual Market Review

2 0 2 0 | S U M M I T C O U N T Y, C O L O R A D O

TA B L E O F CO N T E N T S Reflecting Back on 2020........................................... 3 2020 Summit County Overview........................4-5 2020 Luxury Market Overview........................... 6-7 2020 Land Overview................................................... 8 2020 Area Overview.................................................... 9

EAST

>>>

WEST

Breckenridge.................................................................. 10 Copper Mountain...........................................................11 Dillon................................................................................... 12 Frisco...................................................................................13 Keystone............................................................................14 Silverthorne.....................................................................15 >>>

Local Company, Global Reach...............................16 SSF Summit County Market Share...................... 17 SSF Colorado Map.................................................18-19

REFLECTING BACK EMERGING BUYER AND SELLER TRENDS AS OUR COUNTRY RECOVERS

REAL ESTATE 2020 Summit County has become the natural fit for many longing for a life in the mountains.

clients so communications could all be handled virtually. More and more, buyers and sellers want to handle transactions this way – via email, video chat and virtual showings. Open houses, and even private showings, have occupancy caps, as well as hand sanitizer and mask requirements. We know the desire for in-person showings isn’t going anywhere but we’re equipped virtually whenever needed.

Since March, the coronavirus pandemic has changed nearly everything about our way of life. No surprise, it’s also changed the real estate industry. What buyers are looking for in a home and what sellers are expecting when they put their house on the market is quite different than it was a year ago.

In the Colorado mountains, we’ve seen an influx of people looking for an escape. Now that many can work from anywhere, buyers are leaving their metropolitan lifestyles for mountain town living, a place where they can spend time outdoors and meet their needs a little closer to home. They’re looking for home offices and turning to technology more than ever before to feel safe, comfortable, and entertained.

SSF continued our growth throughout the year, hiring 24 new brokers and 17 new staff members company-wide. We created a New Development Sales Division that proved successful with its 14 active developments and the acquisition of the largest ski resort development in North America. Our Roaring Fork Valley brokers increased SSF’s market share in the first full year since joining in 2019. The communities we do business in mean the world to us and we’re grateful to have been able to give $287K to meaningful organizations through our charitable foundations.

We’ve expanded into Denver, connecting our clients from DIA to Aspen.

Buyer demand from the Front Range and out-of-state has led to record sales. Compared to last year, sales volume in Summit County is up by 34%. As a company, we shattered all sales records in our 60-year history, while adapting to working remotely and providing service in new ways. For the first time, SSF reached $3.6 billion in sales.

Rounding the year out, Slifer Smith & Frampton announced a new partnership with Forbes Global Properties, becoming a partial owner in this brand new and exclusive real estate marketplace. This designation allows us to leverage our ability to connect with the world’s finest homes, the brokers that represent them, and high net worth clients. We are beyond excited to be joining an exceptional global brand, extending an elevated reputation and unsurpassed quality to our brokers and clients alike.

How we work with each other and with our clients has changed as well. In March, as offices were shutting down across the country, SSF acted fast. Our teams collaborated to ramp up training and development programs, and to keep each other engaged and informed. We set up a remote infrastructure for our employees and

COMPARED TO LAST YEAR, SALES VOLUME IN SUMMIT COUNTY IS UP 34% . ACROSS ALL DIVISIONS, SSFRE REACHED $3.6B IN SALES, SHATTERING EVERY SALES RECORD IN OUR 60 YEAR HISTORY. — Source: SAR MLS 2020

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2020 SUMMIT COUNTY OVERVIEW R E S I D E N T I A L T R A N SAC T I O N VO LU M E CO M PA R I S O N 2,400

NO. OF TRANSACTIONS

2,200 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0

1,545

1,698

1,959

1,887

1,984

1,826

1,797

2,159

2013

2014

2015

2016

2017

2018

2019

2020

R E S I D E N T I A L SA L E S VO LU M E CO M PA R I S O N $2B $1.8B $1.6B

BILLIONS

$1.4B $1.2B $1B $0.8B $1,124,496,758

$1,385,947,493

$1,397,224,498

$1,474,032,718

$1,951,702,303

0

$1,102,001,624

$0.2B

$875,910,102

$0.4B

$763,993,288

$0.6B

2013

2014

2015

2016

2017

2018

2019

2020

Source of all data contained in this report is the Summit Association of Realtors MLS. ©2020 Slifer Smith & Frampton Real Estate

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. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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2020 SUMMIT COUNTY OVERVIEW R E S I D E N T I A L AV E R AG E SA L E S P R I C E CO M PA R I S O N $950K 903,984

AVERAGE SALES PRICE

$900K $850K $819,362

$800K

$795,183

$750K $700K

$698,562

$650K $600K

$595,918 $562,533

$550K $500K

$515,848 $494,494

$450K 2013

2014

2015

2016

2017

2018

2019

2020

1,800 1,600 1,400 1,200 1,000 800 600 400 200 A p A rug 13 D ec 13 A p 1 A r- 3 ug 14 D ec 14 A p 14 A rug 15 D e 1 A c- 5 pr 1 5 A il ug 16 D e 1 A c- 6 pr 1 6 A il ug 17 D ec 17 A p 17 A rug 18 D ec 18 A p 18 A rug 19 D A ec 19 pr il 19 A -2 u D g- 0 ec 20 20

RESIDENTIAL AND LAND INVENTO

AC T I V E I N V E N TO RY BY M O N T H

Source of all data contained in this report is the Summit Association of Realtors MLS. ©2020 Slifer Smith & Frampton Real Estate

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. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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2020 SUMMIT COUNTY LUXURY MARKET OVERVIEW

T R A N SAC T I O N VO LU M E CO M PA R I S O N - R E S I D E N T I A L OV E R $ 1 M I L L I O N Y T D

NO. OF TRANSACTIONS

700 600 500 400 300 200 100 0

131

144

200

330

372

414

615

2013

2014

2015

2017

2018

2019

2020

SA L E S VO LU M E CO M PA R I S O N - R E S I D E N T I A L OV E R $ 1 M I L L I O N Y T D

$1.1B $1B $0.9B $0.7B

2013

2014

2015

$1,057,174,003

0

$706,726,451

$0.1B

$602,864,799

$0.2B

$538,659,292

$0.3B

$352,566,412

$0.4B

$224,953,302

$0.5B

$326,340,416

$0.6B $193,137,198

BILLIONS

$0.8B

2016

2017

2018

2019

2020

SUMMITCOUNTYLUXURYCOLLECTION.COM 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. ©2021 Slifer Smith & Frampton Real Estate

Source of all data contained in this report is the Summit Association of Realtors MLS. ©2020 Slifer Smith & Frampton Real Estate 2 0 2 0 A N N UA L S L I F E R R E P O R T 2020 ANNUAL SLIFER REPORT

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2020 SUMMIT COUNTY LUXURY MARKET SHARE

S U M M I T C O U N T Y L U X U RY M A R K E T S H A R E RESIDENTIAL & LAND SALES VOLUME $500 $450 $400 $350

19%

MILLIONS

$300 $250 $200 $150

R pt on

&

Li v

Fr am

So

.E .

$243.9M

er

th eb y'

s

$217.2M

tie

s

$204M

.E .

R M ax

B

ith m rS ife Sl

re c

R e/

ke nr id

ge

A

ss o

ci

Pr op

lB dw el

at es

an ke r

$112.8M

$108.9M

m C ol

Pa f

fr at h

&

Th o

C ou it m

um .S

R

.E

as

$53.3M

nt y

st at e lE R ea

or ad o C ol

C or

ne r

st on

e

Ke lle

rW ill

ia

m s

0

$49.3M

$48.4M

$50

$404.3M

$100

SUMMITCOUNTYLUXURYCOLLECTION.COM *Data gathered is from Land and Residential sales from January 1, 2020 - December 31, 2020.

Sold residential and land properties within Summit County $1M+, counting both listing and buy sides.

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. ©2021 Slifer Smith & Frampton Real Estate

2020 2 0 2ANNUAL 0 A N N UA L SSLIFER L I F E R R E REPORT PORT 7

2020 SUMMIT COUNTY LAND OVERVIEW L A N D T R A N SAC T I O N VO LU M E CO M PA R I S O N 240

NO. OF TRANSACTIONS

220 200 180 160 140 120 100 80 60 40 20 0

108

122

154

136

185

180

119

224

2013

2014

2015

2016

2017

2018

2019

2020

L A N D SA L E S VO LU M E CO M PA R I S O N $90M $80M

MILLIONS

$70M $60M $50M $40M $30M

$59.1M

$47M

$60.7M

$72.3M

$50.6M

$80.5M

0

$39.6M

$10M

$36.2M

$20M

2013

2014

2015

2016

2017

2018

2019

2020

Source of all data contained in this report is the Summit Association of Realtors MLS. ©2020 Slifer Smith & Frampton Real Estate

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. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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2020 SUMMIT COUNTY AREA OVERVIEW SA L E S VO LU M E CO M PA R I S O N - R E S I D E N T I A L & L A N D CO P P E R 100

800

80

2019

2020

20 0

$54.7M

$41.7M

$83.3M

2018

2019

2020

F R I S CO

140

180

120

150

MILLIONS

100 80

2018

2019

2020

60 30 0

K E YSTO N E

500

200

400

MILLIONS

240

160

0

$226.8M

40

$186M

120 80

2018

2019

2020

S I LV E R T H O R N E

$216.5M

MILLIONS

90

2018

2019

2020

300 200 100 0

$431.9M

0

120

$304.8M

20

$131M

40

$124.9M

60 $97.1M

MILLIONS

D I L LO N

$173.9M

2018

40

$246.2M

0

$985.3M

200

$741.1M

400

60

$126.2M

600

$131M

MILLIONS

1,000

$724M

MILLIONS

BRECKENRIDGE

2018

2019

2020

Source of all data contained in this report is the Summit Association of Realtors MLS. ©2020 Slifer Smith & Frampton Real Estate

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. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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BRECKENRIDGE S I N G L E - FA M I LY/ D U P L E X

26%

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

$1,000,000 PLUS SALES

increase in sales volume from

2016

$355,232,281

321

124

$1,106,643

$860,000

127

2019

2017

$468,801,039

371

103

$1,263,615

$1,025,000

189

2018

$436,123,233

316

81

$1,380,137

$1,137,000

181

2019

$508,873,067

324

91

$1,570,596

$1,245,000

206

2020

$641,750,882

390

85

$1,645,515

$1,350,000

264

(Single-Family/Duplex)

CO N D O M I N I U M / TOW N H O M E

30% increase in number of sales from 2019 (Condominium/TH)

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

$1,000,000 PLUS SALES

2016

$185,625,578

356

102

$521,420

$436,500

20

2017

$207,620,402

362

48

$573,537

$467,000

26

2018

$229,559,214

383

44

$599,371

$497,000

39

2019

$201,144,435

299

56

$672,724

$600,000

46

2020

$281,095,121

388

54

$724,472

$655,000

71

P R I C E P E R S Q UA R E FO OT CO M PA R I S O N S I N G L E - FA M I LY/ D U P L E X AVG.

CO N D O M I N I U M / TOW N H O M E

2016

2017

2018

2019

2020

$358

$416

$444

$484

$515

AVG.

2016

2017

2018

2019

2020

$505

$581

$590

$659

$684

L A N D SA L E S NO. OF SALES

SALES VOLUME

AVG. SALE

147

$52,655,690

$358,202

Source of all data contained in this report is the Summit Association of Realtors MLS. ©2020 Slifer Smith & Frampton Real Estate

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. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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COPPER S I N G L E - FA M I LY/ D U P L E X SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

MEDIAN SALE

$1,000,000 PLUS SALES

AVG. SALE

2016

$1,420,000

1

1204

$1,420,000

$1,420,000

1

2017

$10,850,000

5

333

$2,170,000

$1,925,000

5

2018

$10,766,500

4

397

$2,691,625

$2,689,250

4

2019

$8,260,000

3

275

$2,753,333

$3,050,000

3

2020

$22,503,000

10

258

$2,250,300

$1,902,500

10

100% of all single family homes sold since 2016 were sold at $1M+ (Single-Family/Duplex)

CO N D O M I N I U M / TOW N H O M E SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

$1,000,000 PLUS SALES

2016

$34,843,300

94

173

$370,673

$342,250

1

2017

$43,238,989

104

116

$415,760

$375,000

3

2018

$42,392,919

87

55

$487,275

$475,000

3

2019

$32,318,489

58

67

$557,215

$515,000

4

2020

$59,010,570

101

68

$584,263

$555,000

7

83% increase in sales volume from 2019 (Condominium/TH)

P R I C E P E R S Q UA R E FO OT CO M PA R I S O N S I N G L E - FA M I LY/ D U P L E X AVG.

2016

2017

2018

2019

2020

$425

$568

$540

$535

$554

CO N D O M I N I U M / TOW N H O M E AVG.

2016

2017

2018

2019

2020

$418

$465

$551

$580

$614

L A N D SA L E S NO. OF SALES

SALES VOLUME

AVG. SALE

2

$1,910,000

$871,250

Source of all data contained in this report is the Summit Association of Realtors MLS. ©2020 Slifer Smith & Frampton Real Estate

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. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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DILLON S I N G L E - FA M I LY/ D U P L E X

12% increase in average sale price from 2019 (Single-Family/Duplex)

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

$1,000,000 PLUS SALES

2016

$41,343,317

63

64

$656,243

$630,000

6

2017

$45,722,055

63

36

$725,747

$645,113

8

2018

$53,860,400

64

38

$841,569

$790,833

17

2019

$60,951,720

71

45

$858,475

$781,500

22

2020

$57,883,525

60

47

$964,725

$860,000

20

CO N D O M I N I U M / TOW N H O M E

10%

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

$1,000,000 PLUS SALES

increase in sales volume from 2019

2016

$39,748,146

149

25

$266,766

$225,000

0

2017

$40,708,990

140

17

$290,779

$254,250

0

(Condominium/TH)

2018

$42,160,820

109

16

$386,797

$355,000

2

2019

$61,805,108

150

33

$412,034

$361,000

0

2020

$68,201,392

150

70

$454,676

$416,500

1

P R I C E P E R S Q UA R E FO OT CO M PA R I S O N S I N G L E - FA M I LY/ D U P L E X AVG.

2016

2017

2018

2019

2020

$263

$295

$310

$343

371

CO N D O M I N I U M / TOW N H O M E AVG.

2016

2017

2018

2019

2020

$303

$353

$422

$451

$470

L A N D SA L E S NO. OF SALES

SALES VOLUME

AVG. SALE

14

$4,929,000

$352,104

Source of all data contained in this report is the Summit Association of Realtors MLS. ©2020 Slifer Smith & Frampton Real Estate

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. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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FRISCO S I N G L E - FA M I LY/ D U P L E X SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

$1,000,000 PLUS SALES

MEDIAN SALE

2016

$43,183,579

52

52

$830,453

$772,750

12

2017

$45,317,651

47

45

$964,205

$895,000

19

2018

$65,430,650

56

47

$1,168,404

$1,113,750

33

2019

$44,341,500

41

54

$1,081,500

$1,050,000

22

2020

$76,014,151

60

60

$1,266,903

$1,285,000

44

100% increase in $1M+ sales from 2019 (Single-Family/Duplex)

CO N D O M I N I U M / TOW N H O M E

22%

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

$1,000,000 PLUS SALES

2016

$71,875,368

139

45

$517,908

$455,000

5

2017

$61,499,325

116

40

$530,167

$503,750

2

2018

$61,270,284

106

32

$578,022

$535,000

3

2019

$78,482,192

129

34

$608,389

$545,000

11

increase in sales volume compared to 2019

2020

$96,073,897

147

28

$653,564

$600,000

12

(Condominium/TH)

P R I C E P E R S Q UA R E FO OT CO M PA R I S O N S I N G L E - FA M I LY/ D U P L E X AVG.

2016

2017

2018

2019

2020

$364

$393

$436

$449

485

CO N D O M I N I U M / TOW N H O M E AVG.

2016

2017

2018

2019

2020

$404

$436

$504

$525

$560

L A N D SA L E S NO. OF SALES

SALES VOLUME

AVG. SALE

4

$1,793,500

$448,375

Source of all data contained in this report is the Summit Association of Realtors MLS. ©2020 Slifer Smith & Frampton Real Estate

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. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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KEYSTONE S I N G L E - FA M I LY/ D U P L E X

37%

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

$1,000,000 PLUS SALES

decrease in average days on market from

2016

$39,098,050

35

155

$1,117,087

$925,000

13

2017

$35,164,575

27

221

$1,302,392

$1,187,500

19

2018

$47,767,540

32

100

$1,492,736

$1,343,750

27

2019

2019

$36,413,708

25

115

$1,456,548

$1,250,000

20

(Single-Family/Duplex)

2020

$66,587,000

40

73

$1,664,675

$1,534,500

34

CO N D O M I N I U M / TOW N H O M E

9%

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

$1,000,000 PLUS SALES

increase in sales volume from 2019

2016

$94,246,273

257

57

$366,717

$340,000

1

2017

$156,080,750

312

43

$500,258

$435,000

8

(Condominium/TH)

2018

$161,784,551

295

51

$548,422

$500,000

6

2019

$141,365,421

249

52

$567,733

$535,000

10

2020

$153,507,924

264

68

$581,469

$545,000

14

P R I C E P E R S Q UA R E FO OT CO M PA R I S O N S I N G L E - FA M I LY/ D U P L E X AVG.

2016

2017

2018

2019

2020

$327

$338

$381

$375

$429

CO N D O M I N I U M / TOW N H O M E AVG.

2016

2017

2018

2019

2020

$374

$445

$498

$519

$547

L A N D SA L E S NO. OF SALES

SALES VOLUME

AVG.SALE

19

$6,721,500

$353,763

Source of all data contained in this report is the Summit Association of Realtors MLS. ©2020 Slifer Smith & Frampton Real Estate

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. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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SILVERTHORNE S I N G L E - FA M I LY/ D U P L E X

52%

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

$1,000,000 PLUS SALES

2016

$129,029,850

167

73

$772,634

$675,000

31

increase in sales

2017

$173,710,573

193

65

$900,055

$798,944

52

volume since

2018

$166,281,878

188

68

$884,478

$791,000

56

2019

2019

$186,583,408

195

51

$956,838

$870,000

70

2020

$284,789,182

261

61

$1,091,146

$1,000,179

131

(Single-Family/Duplex)

CO N D O M I N I U M / TOW N H O M E

11%

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

$1,000,000 PLUS SALES

2016

$78,291,804

225

32

$347,964

$308,000

0

2017

$92,788,634

232

40

$399,951

$351,000

0

2018

$70,252,509

162

17

$433,657

$388,750

1

increase in average sales price from 2019

2019

$107,772,670

238

51

$452,826

$399,337

0

(Condominium/TH)

2020

$134,481,159

268

47

$501,795

$450,000

4

P R I C E P E R S Q UA R E FO OT CO M PA R I S O N S I N G L E - FA M I LY/ D U P L E X AVG.

2016

2017

2018

2019

2020

$301

$338

$361

$380

$419

CO N D O M I N I U M / TOW N H O M E AVG.

2016

2017

2018

2019

2020

$303

$363

$394

$414

$448

L A N D SA L E S NO. OF SALES

SALES VOLUME

AVG. SALE

38

$12,631,800

$332,416

Source of all data contained in this report is the Summit Association of Realtors MLS. ©2020 Slifer Smith & Frampton Real Estate

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. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

15

LOCAL LOCAL

COMPANY, COMPANY,

GLOBAL GLOBAL

REACH. REACH. Slifer Smith & Frampton becomes founding member and partial owner of Forbes Global Properties.

Completely unique to the real estate industry, this elite network is backed by the world's most famous business media brand whose name says it all. SSF is one of the first firms in the world selected for this exclusive membership to a new consumer marketplace that connects buyers directly to the world's finest homes, as well as the brokers that represent them. Slifer Smith & Frampton Real Estate remains locally owned and operated, capitalizing on Forbes' worldwide reach of 140 million monthly global visitors.

We're proud to have joined an exceptional global brand that helps us continue our saying of "We're just getting started."

Find your mountain dream at Find your mountain dream at:

SummitCountyRealEstate.com

VailRealEstate.com

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. Š2021 Slifer Smith & Frampton Real Estate

2020 AN N UA LLOCAL SLIFER R EPO R T 50 years Helping people LIVE for over

16

LOCAL BRAND, LOCAL LEADERS SUMMIT COUNTY MARKET SHARE* $600

17%

$500

MILLIONS

$400

$300

$200

.E

.

s

R

tie

pt on

er

Fr am

Pr op ax

&

M

B

Sl

ife

rS

m

ith

R e/

rid ke n re c

$671.7M

$474.8M

$390.6M

th So v Li

ge

A

C ol

ss o

ci

dw el

lB

at es

an

R

eb y'

.E

.

s

$329.0M

$176.0M

ke r

$163.2M

st at e lE R ea e

rs to n ne C or

Pa f

C ol

or ad

o

R

.E

.S

um

fr at h

m

&

it

Th o

C ou

m

n…

0

as

$148.5M

$153.0M

$100

Closest Competitors

A look back on 2020 – the real estate market in Summit County has reached historic highs and lows. Residential and land sales volume topped $2.2 billion, which is up 34% from 2019. Inventory is down 88% since January 2012, a record low.

In this time, SSF has been grateful to expand our reach to Denver, hire new brokers, additional support systems, and create a New Development division. Slifer Smith & Frampton has earned the prestigious annual market share top ranking every year since 2015.

55+

BROKERS

25+

SUPPORT STAFF

7 SALES LOCATIONS

Source of all data contained in within this report the Summit Association of Realtors, Multiple Listing Service.

Information Sold residential and land properties SummitisCounty, counting both listing and buy sides, from January 1, 2020 – December 31, 2020. is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

Source of all data in this report is the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton 2 0Estate 2 0 A N N UA L S L I F E R R E P O R T Broker for more information. ©2020 Slifer Smith & Frampton Real

17

YOUR ROCKY MOUNTAIN CORRIDOR REAL ESTATE CONNECTION.

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. ©2021 Slifer Smith & Frampton Real Estate

2 0 2 0 A N N UA L S L I F E R R E P O R T

18

Home can take you anywhere.

Wherever your Colorado home awaits, a Slifer broker is never far away to find it for you.

SliferSmithandFrampton.com

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. Š2021 Slifer Smith & Frampton Real Estate

2 0 2 0 A N N UA L S L I F E R R E P O R T

19

2 0 2 0 | S U M M I T C O U N T Y, C O L O R A D O