The Slifer Report - Summit County

Sum

nt y R eal E st mit C ou at e

The Slifer Report  Annual Market Review

Since 

Sum

nt y R eal E st mit C ou at e

The Slifer Report  Annual Market Review

Table of Contents Breckenridge ....................................................................... 1 Copper Mountain ................................................................ 2 Dillon ................................................................................... 3 Frisco ................................................................................... 4 Keystone .............................................................................. 5 Silverthorne ......................................................................... 6

ONE WEBSITE

www.SummitCountyRealEstate.com EVERY PROPERTY IN SUMMIT COUNTY

©2008 Slifer Smith & Frampton Real Estate

Breckenridge Single-fa mily/Duple x Sales No. Volume of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

2004

$189,661,740

310

235

$611,812

$3,150,000

$90,000

$490,000

% Change

40.7%

18.4%

-13.6%

18.8%

6.3%

16.7%

16.3%

2005 $266,760,628

367

203

$726,868

$3,350,000

$105,000

$570,000

% Change

16.6%

1.1%

-15.8%

15.4%

11.9%

52.4%

16.7%

2006

$311,141,283

371

171

$838,656

$3,750,000

$160,000

$665,000

% Change

-1.2%

-13.5%

-9.4%

14.2%

46.7%

-5.0%

8.3%

2007 $307,342,639

321

155

$957,454

$5,500,000

$152,000

$720,000

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

Condominium/Tow nhome Sales No. Volume of Sales

2004 $164,058,203

552

212

$297,746

$1,070,000

$83,000

$248,000

31.1%

11.2%

-25.0%

17.6%

6.0%

-0.6%

23.0%

2005 $215,078,021

614

159

$350,290

$1,134,000

$82,500

$305,000

19.2%

-8.0%

2.5%

29.8%

32.3%

3.0%

30.3%

2006 $256,380,569

565

163

$454,575

$1,500,000

$85,000

$397,500

-3.5%

-17.7%

19.0%

17.0%

56.7%

34.1%

8.7%

2007 $247,301,027

465

194

$531,830

$2,350,000

$114,000

$432,000

Sales No. Volume of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

% Change % Change % Change

Homesites

2004

$42,862,275

174

405

$246,335

$1,200,000

$17,699

$187,125

% Change

96.9%

60.3%

1.7%

23.3%

454.6%

58.2%

25.1%

2005

$84,407,802

279

412

$303,625

$6,655,000

$28,000

$234,000

% Change

-0.3%

-7.2%

-24.5%

7.0%

-78.2%

-42.9%

15.4%

2006

$84,137,536

259

311

$324,855

$1,450,000

$16,000

$270,000

% Change

0.3%

-26.6%

-36.0%

36.7%

79.3%

136.9%

34.5%

2007

$84,368,279

190

199

$444,044

$2,600,000

$37,900

$363,050

pr ice per squar e foot compar ison Single-Family/Duplex

Condominium/Townhome

2005

2006

2007

2005

2006

2007

high

$956

$804

$887

high

low

$95

$122

$166

low

$665

$822

$989

$129

$180

$193

average

$270

$295

$332

average

$353

$428

$498

Source of all data contained in this report is from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information.

2007 Slifer Report

Breckenridge

1

Copper Mountain Single-fa mily/Duple x Sales No. Volume of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

2004

n/a

n/a

n/a

n/a

n/a

n/a

n/a

% Change

n/a

n/a

n/a

n/a

n/a

n/a

n/a

2005

$1,325,000

1

341

$1,325,000

$1,325,000

$1,325,000

$1,325,000

% Change

229.7%

200.0%

-37.0%

9.9%

62.9%

-20.0%

-13.2%

2006

$4,369,000

3

215

$1,456,332

$2,159,000

$1,060,000

$1,150,000

% Change

57.1%

33.3%

8.8%

17.8%

-16.6%

52.8%

49.8%

2007

$6,865,000

4

234

$1,716,250

$1,800,000

$1,620,000

$1,722,500

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

Condominium/Tow nhome Sales No. Volume of Sales

2004

$22,223,425

68

244

$326,815

$910,000

$114,000

$296,000

% Change

52.7%

72.1%

-15.2%

-11.3%

-16.1%

5.3%

-9.1%

2005

$33,927,320

117

207

$289,977

$763,500

$120,000

$269,000

% Change

56.7%

32.5%

0.0%

18.3%

135.8%

8.3%

16.0%

2006

$53,152,845

155

207

$342,922

$1,800,000

$130,000

$312,000

% Change

-22.6%

-28.4%

-39.1%

8.0%

-46.7%

-15.4%

11.9%

2007

$41,120,179

111

126

$370,452

$960,000

$110,000

$349,000

Sales No. Volume of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

Homesites

2004

$2,724,700

5

344

$544,940

$594,900

$464,900

$535,000

% Change

-16.8%

-20.0%

-15.7%

4.0%

27.6%

-0.6%

-2.3%

2005

$2,266,000

4

290

$566,500

$759,000

$462,000

$522,500

% Change

-5.1%

-25.0%

-3.1%

26.5%

18.6%

35.3%

19.6%

2006

$2,150,000

3

281

$716,667

$900,000

$625,000

$625,000

% Change

3.7%

0.0%

13.5%

3.7%

10.6%

-2.5%

0.0%

2007

$2,229,500

3

319

$743,167

$995,000

$609,500

$625,000

pr ice per squar e foot compar ison Single-Family/Duplex

Condominium/Townhome

2005

2006

2007

high

$375

$502

$683

high

low

$375

$336

$424

low

average

$375

$392

$534

average

2005

2006

2007

$540

$608

$644

$159

$234

$192

$309

$373

$430

Source of all data contained in this report is from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information.

2007 Slifer Report

Copper Mountain

2

Dillon Single-fa mily/Duple x Sales No. Volume of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

2004

$40,222,724

98

132

$410,436

$839,000

$208,000

$346,000

% Change

23.6%

5.1%

28.0%

17.6%

122.0%

3.4%

19.9%

2005

$49,695,436

103

169

$482,480

$1,862,500

$215,000

$415,000

% Change

3.3%

-7.8%

-20.1%

12.0%

0.7%

31.2%

21.9%

2006

$51,342,791

95

135

$540,450

$1,875,000

$282,000

$506,000

% Change

1.0%

-12.6%

-9.6%

15.6%

-16.8%

6.4%

9.2%

2007

$51,861,496

83

122

$624,837

$1,560,000

$300,000

$552,500

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

Condominium/Tow nhome Sales No. Volume of Sales

2004

$38,049,380

215

150

$176,974

$555,000

$70,000

$155,000

% Change

-15.3%

-18.6%

-31.3%

4.1%

15.3%

5.7%

-1.9%

2005

$32,230,190

175

103

$184,173

$640,000

$74,000

$152,000

% Change

23.1%

13.1%

-21.4%

8.8%

3.9%

3.8%

8.1%

2006

$39,680,116

198

81

$200,405

$665,000

$76,800

$164,250

% Change

40.2%

10.1%

59.3%

27.4%

4.5%

10.7%

29.9%

2007

$55,647,306

218

129

$255,263

$695,000

$85,000

$213,375

Sales No. Volume of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

Homesites

2004

$6,446,700

37

483

$174,235

$875,000

$95,000

$133,900

% Change

-37.0%

-32.4%

-60.7%

-6.8%

-72.6%

8.9%

19.4%

2005

$4,058,900

25

190

$162,356

$240,000

$103,500

$159,900

% Change

73.2%

20.0%

70.0%

44.4%

243.8%

15.0%

18.5%

2006

$7,031,004

30

323

$234,367

$825,000

$119,000

$189,450

% Change

-40.8%

-43.3%

-27.2%

4.4%

-59.8%

38.7%

29.3%

2007

$4,161,503

17

235

$244,794

$331,500

$165,000

$245,000

pr ice per squar e foot compar ison Single-Family/Duplex

Condominium/Townhome

2005

2006

2007

2005

2006

2007

high

$422

$457

$374

high

low

$133

$124

$111

low

$415

$413

$513

$129

$140

$151

average

$204

$217

$255

average

$207

$233

$278

Source of all data contained in this report is from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information.

2007 Slifer Report

Dillon

3

Frisco Single-fa mily/Duple x Sales No. Volume of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

2004

$30,552,015

54

108

$565,778

$1,701,230

$309,900

$477,450

% Change

45.3%

27.8%

28.7%

13.7%

-11.8%

-14.5%

25.6%

2005

$44,382,903

69

139

$643,230

$1,500,000

$265,000

$599,900

% Change

41.6%

7.2%

0.7%

32.0%

60.0%

42.6%

25.8%

2006

$62,835,493

74

140

$849,128

$2,400,000

$378,000

$754,950

% Change

-32.6%

-32.4%

-3.6%

-0.2%

-34.4%

16.1%

11.2%

2007

$42,375,375

50

135

$847,508

$1,575,000

$438,750

$839,500

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

Condominium/Tow nhome Sales No. Volume of Sales

2004

$52,361,758

182

164

$287,702

$840,000

$106,000

$265,160

% Change

-6.2%

-14.3%

-29.9%

9.5%

-19.6%

-1.9%

9.2%

2005

$49,134,386

156

115

$314,964

$675,000

$104,000

$289,500

% Change

-7.7%

-16.0%

-29.6%

9.9%

35.9%

14.4%

12.3%

2006

$45,331,975

131

81

$346,046

$917,000

$119,000

$325,000

% Change

77.5%

29.8%

79.0%

36.8%

46.1%

34.5%

32.3%

2007

$80,450,660

170

145

$473,239

$1,340,000

$160,000

$430,000

Sales No. Volume of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

Homesites

2004

$4,054,700

17

289

$238,512

$446,000

$155,000

$213,000

% Change

9.2%

17.6%

-11.1%

-7.2%

37.9%

-85.2%

-14.1%

2005

$4,426,950

20

257

$221,348

$615,000

$23,000

$183,000

% Change

-50.0%

-55.0%

-8.6%

11.2%

-50.4%

652.2%

36.6%

2006

$2,214,500

9

235

$246,056

$305,000

$173,000

$250,000

% Change

-8.5%

-33.3%

-62.6%

37.2%

42.3%

28.6%

38.8%

2007

$2,025,500

6

88

$337,583

$434,000

$222,500

$347,000

pr ice per squar e foot compar ison Single-Family/Duplex

Condominium/Townhome

2005

2006

2007

2005

2006

2007

high

$688

$658

$986

high

low

$170

$162

$225

low

$379

$433

$568

$162

$170

$197

average

$264

$319

$365

average

$261

$308

$354

Source of all data contained in this report is from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information.

2007 Slifer Report

Frisco

4

Keystone Single-fa mily/Duple x Sales No. Volume of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

2004

$22,059,000

17

283

$1,297,588

$1,950,000

$358,500

$1,399,000

% Change

37.6%

82.4%

-15.5%

-24.5%

-6.9%

-9.3%

-33.8%

2005

$30,363,542

31

239

$979,469

$1,815,000

$325,000

$926,250

% Change

16.6%

9.7%

-1.7%

6.4%

21.2%

9.5%

3.4%

2006

$35,418,700

34

235

$1,041,726

$2,200,000

$356,000

$958,075

% Change

2.1%

-20.6%

-6.8%

28.5%

54.5%

13.8%

32.0%

2007

$36,161,500

27

219

$1,338,204

$3,400,000

$405,000

$1,265,000

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

Condominium/Tow nhome Sales No. Volume of Sales

2004

$88,585,115

280

209

$316,375

$1,675,000

$102,900

$269,250

% Change

20.3%

29.3%

-1.9%

-6.9%

-41.4%

-80.6%

-4.0%

2005 $106,579,581

362

205

$294,419

$981,000

$20,000

$258,530

22.4%

20.2%

-15.1%

1.9%

52.9%

400.0%

0.8%

2006 $130,494,664

435

174

$299,988

$1,500,000

$99,999

$260,500

% Change

2.8%

-25.5%

-30.5%

38.0%

40.0%

32.0%

40.7%

2007

$134,105,016

324

121

$413,904

$2,100,000

$132,000

$366,575

Sales No. Volume of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

% Change

Homesites

2004

$4,487,325

25

464

$179,493

$361,725

$10,000

$210,000

% Change

35.9%

-24.0%

-30.6%

78.8%

56.2%

120.0%

39.3%

2005

$6,096,880

19

322

$320,888

$565,000

$22,000

$292,500

% Change

19.0%

10.5%

13.0%

7.7%

46.0%

13.6%

7.7%

2006

$7,255,500

21

364

$345,500

$825,000

$25,000

$315,000

% Change

33.8%

42.9%

-42.3%

-6.3%

-21.2%

500.0%

-4.8%

2007

$9,711,000

30

210

$323,700

$650,000

$150,000

$300,000

pr ice per squar e foot compar ison Single-Family/Duplex

Condominium/Townhome

2005

2006

2007

2005

2006

2007

high

$442

$510

$574

high

low

$157

$176

$196

low

$556

$693

$823

$40

$112

$177

average

$301

$354

$374

average

$289

$318

$388

Source of all data contained in this report is from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information.

2007 Slifer Report

Keystone

5

Silverthorne Single-fa mily/Duple x Sales No. Volume of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

2004

$72,756,261

159

151

$457,587

$2,150,000

$90,000

$395,000

% Change

14.0%

3.8%

7.9%

9.9%

-32.6%

44.4%

11.4%

2005

$82,971,702

165

163

$502,859

$1,450,000

$130,000

$440,000

% Change

18.0%

4.2%

14.1%

13.2%

34.5%

14.2%

8.8%

2006

$97,889,983

172

186

$569,128

$1,950,000

$148,500

$478,750

% Change

15.9%

-7.0%

-9.7%

24.5%

-4.1%

-12.5%

25.2%

2007

$113,411,071

160

168

$708,819

$1,870,000

$130,000

$599,500

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

Condominium/Tow nhome Sales No. Volume of Sales

2004

$54,779,594

251

116

$218,325

$496,500

$72,000

$207,500

% Change

28.0%

23.5%

-12.1%

3.6%

-8.6%

19.4%

1.9%

2005

$70,110,682

310

102

$226,163

$454,000

$86,000

$211,500

% Change

-4.6%

-17.4%

-28.4%

15.5%

16.7%

7.0%

19.0%

2006

$66,899,462

256

73

$261,326

$529,900

$92,000

$251,700

% Change

-2.6%

-19.9%

4.1%

21.7%

30.0%

22.8%

17.2%

2007

$65,177,849

205

76

$317,941

$689,000

$113,000

$295,000

Sales No. Volume of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale

Median Sale

Homesites

2004

$16,301,775

78

422

$208,997

$1,250,000

$8,600

$170,000

% Change

33.0%

9.0%

10.4%

22.1%

140.0%

190.7%

20.6%

2005

$21,682,930

85

466

$255,093

$3,000,000

$25,000

$205,000

% Change

-4.7%

-17.6%

-24.9%

15.7%

-51.7%

132.0%

29.6%

2006

$20,666,800

70

350

$295,240

$1,450,000

$58,000

$265,750

% Change

9.3%

-5.7%

-1.1%

15.9%

70.7%

81.0%

8.9%

2007

$22,591,745

66

346

$342,299

$2,475,000

$105,000

$289,500

pr ice per squar e foot compar ison Single-Family/Duplex

Condominium/Townhome

2005

2006

2007

2005

2006

2007

high

$434

$504

$480

high

low

$107

$75

$144

low

$327

$378

$397

$140

$139

$166

average

$223

$249

$283

average

$207

$243

$278

Source of all data contained in this report is from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information.

2007 Slifer Report

Silverthorne

6