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t He SliFeR R ePoRt Summit count y real eState 2012 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 OfďŹ ce Listings ....... 18


S u m m i t c o u n t y ov e r v i e w

NUMBER OF TR ANSACTIONS

tr ansaction volume comparison 3,000 2,908 2,500

2,888

2,526

2,459

2,000

1,500

1,430

1,352 1,000

985

1,092

1,195

500

0

2004

2005

2006

2007

2008

2009

2010

2011

2012

sales volume comparison $1,500

$1,281

$1,200

$1,313.2

$1,126.3 $900 $853.1

$815.2 $718.4

MILLIONS

$600

$584.5

$597.8

$594.1

2009

2010

2011

$300

$0

2004

2005

2006

2007

2008

2012

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. Š2013 Slifer Smith & Frampton Real Estate

4

2012 Slifer Report


S u m m i t c o u n t y ov e r v i e w aver age sales price $700,000

$602,965 $600,000

$593,469 $547,456

$534,056

$502,766

SALES PRICE

$500,000 $497,153

$443,563

$400,000 $387,335 $337,742 $300,000

2004

2005

2006

2007

2008

2009

2010

2011

2012

3,000 2,582

2,490 2,500

2,223

2,090

2,072

2,000 1,813

1,707

1,500

1,657 1,487

1,415

1,000 909

ec 2– D

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Ju 20 12 –

n 20

12 –

Ja

ul y –J

11 – 20

20 11

n Ja

ul y –J 20 10

an 0J 20 1

ul y –J 20 09

n 20

09 –

Ja

ul y –J

08 – 20

20 08

0

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500

Ja

NUMBER OF RESIDENTIAL & L AND PROPERTIES LISTED

summit count y active listing inventory

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. ©2013 Slifer Smith & Frampton Real Estate

2012 Slifer Report

5


Breckenridge Single-Family/Duplex

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$210,052,789 3.7% $217,916,722 -24.2% $165,243,848 13.9% $188,174,387 25.3% $235,856,451

196 6.6% 209 -17.2% 173 31.2% 227 18.5% 269

175 44.0% 252 6.7% 269 -1.1% 266 -14.3% 228

$1,075,698 -3.1% $1,042,664 -8.4% $955,167 -13.2% $828,962 5.8% $876,790

$5,550,000 49.3% $8,285,000 -52.3% $3,950,000 -17.1% $3,275,000 70.1% $5,570,130

Low Sale Median Sale $256,000 -32.8% $172,000 16.3% $200,000 -15.1% $169,900 -11.7% $150,000

$824,500 -3.0% $800,000 -3.1% $775,000 -9.7% $700,000 -3.6% $675,000

$1million+ sales 72 13.9% 82 -30.5% 57 8.8% 62 12.9% 70

condominium / townhome

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$182,396,159 -58.4% $75,967,525 76.5% $134,083,512 -11.8% $118,268,874 -6.7% $110,305,596

267 -43.4% 151 50.3% 227 14.5% 260 4.6% 272

213 9.4% 233 44.2% 336 -11.3% 298 -6.4% 279

$683,132 -26.4% $503,096 17.4% $590,676 -23.0% $454,880 -10.8% $405,535

$2,400,000 -30.2% $1,675,000 60.6% $2,690,000 -0.2% $2,685,000 -52.3% $1,280,000

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$42,523,726 -74.0% $11,076,900 60.6% $17,785,085 -19.8% $14,262,750 83.1% $26,110,000

78 -48.7% 40 45.0% 58 -3.4% 56 25.0% 70

196 43.9% 282 -3.9% 271 4.1% 282 51.4% 427

$545,176 -49.2% $276,923 10.7% $306,639 -16.9% $254,692 46.5% $373,000

$1,750,000 -62.1% $664,000 397.0% $3,300,000 -52.3% $1,575,000 61.9% $2,550,000

Low Sale Median Sale $121,000 -9.9% $108,990 -38.5% $67,000 -73.1% $18,000 305.6% $73,000

$560,000 -26.8% $410,000 3.7% $425,000 -13.7% $366,750 -4.6% $350,000

$1million+ sales 54 -77.8% 12 150.0% 30 -60.0% 12 -58.3% 5

homesites

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Low Sale Median Sale $15,480 158.4% $40,000 -50.0% $20,000 -20.0% $16,000 -6.3% $15,000

$425,000 -42.6% $244,000 -37.6% $152,334 27.0% $193,450 -8.5% $177,000

$1million+ sales 15 -100.0% 0 n/a 3 -33.3% 2 200.0% 6

price per square foot comparison Single-Family/Duplex

condominium/townhome

2009

2010

2011

2012

2009

2010

2011

2012

high

$1,262

$823

$830

$877

high

$927

$1,452

$1,353

$1,071

low

$92

$109

$151

$87

low

$193

$155

$131

$121

average

$326

$294

$268

$283

average

$451

$546

$403

$390

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. Š2013 Slifer Smith & Frampton Real Estate

6

2012 Slifer Report


Breckenridge multi-family sales volume

$250

$150

$200

$120

$150

$90

MILLIONS

MILLIONS

Single-Family/Duplex sales volume

$100 $50 $0

2009

2010

2011

2012

$0

300

300

250

250

200 150 100 50 0

2009

2010

2011

2012

Single-Family/Duplex aver age sales price

0

THOUSANDS

$400

2010

2011

2012

2009

2010

2011

2012

multi-family aver age sales price

$0.8

2009

2012

50

$500

$0

2011

100

$1.0

$0.2

2010

150

$600

$0.4

2009

200

$1.2

$0.6

MILLIONS

$30

multi-family tr ansac tion volume

TR ANSACTIONS

TR ANSACTIONS

Single-Family/Duplex tr ansac tion volume

$60

$300 $200 $100 $0

2009

2010

2011

2012

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. Š2013 Slifer Smith & Frampton Real Estate

2012 Slifer Report

7


c o p p e r m o u n ta i n Single-Family/Duplex

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale Median Sale

$0 n/a $2,650,000 188.5% $7,645,000 -9.8% $6,899,000 -75.4% $1,700,000

0 n/a 1 300.0% 4 -25.0% 3 -66.7% 1

0 n/a 115 232.2% 382 -2.6% 372 -19.1% 301

$0 n/a $2,650,000 -27.9% $1,911,250 20.3% $2,299,667 -26.1% $1,700,000

$0 n/a $2,650,000 13.0% $2,995,000 -4.9% $2,849,000 -40.3% $1,700,000

$0 n/a $2,650,000 -56.6% $1,150,000 56.5% $1,800,000 -5.6% $1,700,000

Low Sale Median Sale

$0 n/a $2,650,000 -34.0% $1,750,000 28.6% $2,250,000 -24.4% $1,700,000

$1million+ sales 0 n/a 1 300.0% 4 -25.0% 3 -66.7% 1

condominium / townhome

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$23,075,925 -23.3% $17,694,000 -38.5% $10,878,800 -7.1% $10,101,250 35.0% $13,634,360

51 -23.5% 39 -25.6% 29 -3.4% 28 46.4% 41

117 157.3% 301 -28.2% 216 20.8% 261 38.7% 362

$452,469 0.3% $453,692 -17.3% $375,131 -3.8% $360,759 -7.8% $332,545

$2,000,000 -51.8% $964,900 -14.5% $825,000 54.5% $1,275,000 -34.7% $832,000

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

Low Sale Median Sale

$3,500,000 -100.0% $0 n/a $0 n/a $1,100,000 68.2% $1,850,000

3 -100.0% 0 n/a 0 n/a 1 100.0% 2

137 -100.0% 0 n/a 0 n/a 0 N/A 49

$1,166,667 -100.0% $0 n/a $0 n/a $1,100,000 -15.9% $925,000

$1,250,000 -100.0% $0 n/a $0 n/a $1,100,000 9.1% $1,200,000

$1,000,000 -100.0% $0 n/a $0 n/a $1,100,000 -40.9% $650,000

$174,500 33.8% $233,500 -60.6% $92,000 -22.3% $71,500 81.7% $129,900

$335,000 12.7% $377,520 -9.9% $340,000 -2.2% $332,500 4.7% $348,000

$1million+ sales 2 -100.0% 0 n/a 0 n/a 1 -100.0% 0

homesites

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

$1,250,000 -100.0% $0 n/a $0 n/a $1,100,000 -15.9% $925,000

$1million+ sales 3 -100.0% 0 n/a 0 n/a 1 0.0% 1

price per square foot comparison Single-Family/Duplex

condominium/townhome

2009

2010

2011

2012

2009

2010

2011

2012

high

$496

$574

$500

$491

high

$592

$583

$472

$517

low

$496

$374

$475

$491

low

$328

$174

$221

$176

average

$496

$452

$490

$491

average

$463

$385

$368

$335

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. Š2013 Slifer Smith & Frampton Real Estate

8

2012 Slifer Report


c o p p e r m o u n ta i n Single-Family/Duplex sales volume

multi-family sales volume $20

$8.0 $7.0 $6.0

$15

$5.0 $10

MILLIONS

MILLIONS

$4.0 $3.0 $2.0 $1.0 $0

2009

2010

2011

2012

5

50

4

40

3 2 1 0

2009

2010

2011

2012

Single-Family/Duplex aver age sales price

2010

2011

2012

30 20 10 0

2008

2009

2010

2011

$500

$2.5

$400

THOUSANDS

$2.0 $1.5 $1.0 $0.5 $0

2009

multi-family aver age sales price

$3.0

MILLIONS

$0

multi-family tr ansac tion volume

TR ANSACTIONS

TR ANSACTIONS

Single-Family/Duplex tr ansac tion volume

$5

2009

2010

2011

2012

$300 $200 $100 $0

2009

2010

2011

2012

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. Š2013 Slifer Smith & Frampton Real Estate

2012 Slifer Report

9


D i l lo n Single-Family/Duplex

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$29,669,395 -35.4% $19,158,600 35.6% $25,978,050 0.9% $26,218,353 33.8% $35,074,040

53 -30.2% 37 27.0% 47 12.8% 53 24.5% 66

117 48.7% 174 12.1% 195 -3.6% 188 -14.9% 160

$559,800 -7.5% $517,800 6.7% $552,724 -10.5% $494,686 7.4% $531,425

$1,377,475 -25.2% $1,030,000 151.6% $2,591,000 -64.7% $915,000 61.2% $1,475,000

Low Sale Median Sale $254,670 15.5% $294,200 -9.9% $265,000 1.5% $269,000 -25.7% $200,000

$480,000 -16.9% $399,000 15.9% $462,500 7.0% $495,000 -10.1% $445,000

$1million+ sales 2 -50.0% 1 100.0% 2 -100.0% 0 n/a 3

condominium / townhome

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$24,921,441 -42.2% $14,401,925 -12.4% $12,622,910 26.0% $15,911,138 20.7% $19,197,450

94 -36.2% 60 -1.7% 59 27.1% 75 16.0% 87

90 74.4% 157 15.3% 181 4.4% 189 -6.9% 176

$265,122 -9.5% $240,032 -10.9% $213,948 -0.8% $212,149 4.0% $220,660

$752,000 27.0% $955,000 -0.5% $950,000 -32.6% $640,000 7.4% $687,500

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$4,654,100 -95.9% $193,000 443.7% $1,049,400 -45.9% $568,000 107.7% $1,179,900

15 -93.3% 1 500.0% 6 -33.3% 4 75.0% 7

289 39.4% 403 -63.0% 149 44.3% 215 57.7% 339

$310,273 -37.8% $193,000 -9.4% $174,900 -18.8% $142,000 18.7% $168,557

$1,392,000 -86.1% $193,000 78.8% $345,000 -42.3% $199,000 63.3% $325,000

Low Sale Median Sale $122,500 -10.2% $110,000 -10.0% $99,000 -34.5% $64,888 20.2% $78,000

$1million+ sales

$215,000 -10.6% $192,200 -3.7% $185,000 16.2% $215,000 -16.7% $179,000

0 n/a 0 n/a 0 n/a 0 n/a 0

homesites

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Low Sale Median Sale $160,000 20.6% $193,000 -91.7% $16,000 618.8% $115,000 -16.5% $96,000

$239,000 -19.2% $193,000 -12.2% $169,450 -25.1% $127,000 -9.5% $114,900

$1million+ sales 1 -100.0% 0 n/a 0 n/a 0 n/a 0

price per square foot comparison Single-Family/Duplex

condominium/townhome

2009

2010

2011

2012

2009

2010

2011

2012

high

$339

$438

$277

$422

high

$503

$443

$432

$451

low

$101

$112

$75

$124

low

$170

$104

$111

$121

average

$230

$220

$199

$213

average

$266

$235

$219

$221

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. Š2013 Slifer Smith & Frampton Real Estate

10

2012 Slifer Report


D i l lo n Single-Family/Duplex sales volume

multi-family sales volume $20

$40 $35 $30

$15

$25 $10

MILLIONS

MILLIONS

$20 $15 $10 $5 $0

2009

2010

2011

2012

Single-Family/Duplex tr ansac tion volume

$5

$0

2009

2010

2011

2012

multi-family tr ansac tion volume

80

100 80

60

TR ANSACTIONS

TR ANSACTIONS

70

50 40 30 20 10 0

2009

2010

2011

2012

Single-Family/Duplex aver age sales price

20 0

2009

2010

2011

2012

$250

$500

$200

THOUSANDS

$400

THOUSANDS

40

multi-family aver age sales price

$600

$300 $200 $100 $0

60

2009

2010

2011

2012

$150 $100 $50 $0

2009

2010

2011

2012

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. Š2013 Slifer Smith & Frampton Real Estate

2012 Slifer Report

11


Frisco Single-Family/Duplex

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$19,480,890 20.2% $23,413,400 -0.2% $23,371,731 17.3% $27,423,515 -9.6% $24,786,583

24 37.5% 33 -3.0% 32 34.4% 43 -16.3% 36

217 21.2% 263 -23.2% 202 1.5% 205 32.2% 271

$811,704 -12.6% $709,497 2.9% $730,367 -12.7% $637,756 8.0% $688,516

$1,560,000 2.6% $1,600,000 18.8% $1,900,000 -31.6% $1,300,000 -5.8% $1,225,000

Low Sale Median Sale $443,890 -21.2% $350,000 -43.0% $199,481 5.2% $209,900 29.5% $271,900

$735,000 -11.7% $649,000 -15.3% $550,000 1.6% $559,000 12.4% $628,500

$1million+ sales 5 -40.0% 3 133.3% 7 -57.1% 3 33.3% 4

condominium / townhome

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$37,119,910 -32.4% $25,108,473 31.8% $33,104,305 9.9% $36,388,000 25.4% $45,631,143

85 -23.5% 65 29.2% 84 11.9% 94 29.8% 122

99 115.2% 213 5.6% 225 6.7% 240 -7.9% 221

$436,705 -11.5% $386,284 2.0% $394,099 -1.8% $387,106 -3.4% $374,026

$990,000 -19.2% $800,000 10.3% $882,500 -0.3% $880,000 -4.5% $840,000

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$1,549,000 -34.2% $1,020,000 92.8% $1,967,000 -17.2% $1,629,500 24.0% $2,020,000

4 -25.0% 3 100.0% 6 -16.7% 5 40.0% 7

63 1027.0% 710 -82.1% 127 165.4% 337 46.6% 494

$387,250 -12.2% $340,000 -3.6% $327,883 -0.6% $325,900 -11.5% $288,571

$449,000 -2.0% $440,000 -3.4% $425,000 47.1% $625,000 -24.8% $470,000

Low Sale Median Sale $218,000 -31.6% $149,080 -12.0% $131,250 -4.0% $126,000 -0.8% $125,000

$1million+ sales

$395,000 -10.1% $355,000 -1.1% $351,250 -3.9% $337,500 6.4% $359,000

0 n/a 0 n/a 0 n/a 0 n/a 0

homesites

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Low Sale Median Sale $295,000 -11.9% $260,000 -6.9% $242,000 -8.3% $222,000 -25.7% $165,000

$1million+ sales

$402,500 -20.5% $320,000 4.7% $335,000 -17.9% $275,000 1.8% $280,000

0 n/a 0 n/a 0 n/a 0 n/a 0

price per square foot comparison Single-Family/Duplex

condominium/townhome

2009

2010

2011

2012

2009

2010

2011

2012

high

$444

$627

$701

$423

high

$470

$428

$465

$449

low

$172

$184

$161

$148

low

$200

$68

$171

$166

average

$272

$299

$283

$264

average

$370

$309

$306

$294

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. Š2013 Slifer Smith & Frampton Real Estate

12

2012 Slifer Report


Frisco Single-Family/Duplex sales volume

multi-family sales volume

$30

$50

$25

$40

$20

$30

MILLIONS

MILLIONS

$15 $10 $5 $0

2009

2010

2011

2012

$0

50

150

40

120

30 20 10 0

2009

2010

2011

2012

Single-Family/Duplex aver age sales price

0

$350

$700

$300

THOUSANDS

$200 $100 $0

2009

2010

2011

2012

2012

30

$800

$300

2011

60

$400

$400

2010

90

$900

$500

2009

2009

2010

2011

2012

multi-family aver age sales price

$600

THOUSANDS

$10

multi-family tr ansac tion volume

TR ANSACTIONS

TR ANSACTIONS

Single-Family/Duplex tr ansac tion volume

$20

$250 $200 $150 $100 $50 $0

2009

2010

2011

2012

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. Š2013 Slifer Smith & Frampton Real Estate

2012 Slifer Report

13


Ke ystone Single-Family/Duplex

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$14,542,500 48.6% $21,609,750 -44.5% $11,996,500 42.7% $17,124,250 68.3% $28,821,750

13 38.5% 18 -11.1% 16 0.0% 16 87.5% 30

231 -14.7% 197 83.8% 362 -21.8% 283 52.3% 431

$1,118,654 7.3% $1,200,542 -37.7% $747,906 43.1% $1,070,266 -10.2% $960,725

$2,650,000 15.1% $3,050,000 -47.5% $1,600,000 37.2% $2,195,000 18.5% $2,600,000

Low Sale Median Sale $580,000 -79.3% $120,000 112.5% $255,000 21.6% $310,000 -6.5% $290,000

$1,010,000 27.5% $1,287,500 -41.6% $752,000 28.0% $962,500 -9.5% $871,500

$1million+ sales 7 85.7% 13 -84.6% 2 200.0% 6 83.3% 11

condominium / townhome

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$70,146,545 -33.0% $46,973,773 8.7% $51,077,524 -19.2% $41,259,975 40.4% $57,939,049

165 -27.9% 119 15.1% 137 -12.4% 120 38.3% 166

109 54.1% 168 16.1% 195 15.4% 225 -4.4% 215

$425,131 -7.1% $394,738 -5.6% $372,829 -7.8% $343,833 1.5% $349,030

$999,000 30.1% $1,300,000 0.0% $1,300,000 7.7% $1,400,000 -21.4% $1,100,000

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$1,897,720 73.1% $3,285,000 -94.2% $190,000 243.4% $652,500 251.9% $2,296,300

4 75.0% 7 -71.4% 2 50.0% 3 233.3% 10

176 7.4% 189 -88.9% 21 1738.1% 386 -21.2% 304

$474,430 -1.1% $469,286 -79.8% $95,000 128.9% $217,500 5.6% $229,630

$700,000 0.0% $700,000 -85.7% $100,000 235.0% $335,000 11.9% $375,000

Low Sale Median Sale $169,000 -26.6% $124,000 -11.3% $110,000 7.3% $118,000 -15.3% $100,000

$380,000 -10.5% $340,000 -5.0% $323,000 -13.3% $280,000 7.9% $302,000

$1million+ sales 0 n/a 2 -50.0% 1 0.0% 1 0.0% 1

homesites

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Low Sale Median Sale $32,720 633.5% $240,000 -62.5% $90,000 75.0% $157,500 -3.4% $152,100

$1million+ sales

$582,500 -29.6% $410,000 -76.8% $95,000 68.4% $160,000 30.8% $209,250

0 n/a 0 n/a 0 n/a 0 n/a 0

price per square foot comparison Single-Family/Duplex

condominium/townhome

2009

2010

2011

2012

2009

2010

2011

2012

high

$593

$445

$466

$468

high

$682

$665

$595

$617

low

$139

$168

$167

$172

low

$215

$165

$166

$125

average

$353

$300

$307

$281

average

$373

$340

$312

$305

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. Š2013 Slifer Smith & Frampton Real Estate

14

2012 Slifer Report


Ke ystone multi-family sales volume

$30

$60

$25

$50

$20

$40

$15

$30

MILLIONS

MILLIONS

Single-Family/Duplex sales volume

$10 $5 $0

2009

2010

2011

2012

Single-Family/Duplex tr ansac tion volume

$20 $10 $0

2009

2010

2011

2012

multi-family tr ansac tion volume 200

30

TR ANSACTIONS

TR ANSACTIONS

25 20 15 10 5 0

2009

2010

2011

2012

Single-Family/Duplex aver age sales price

150

100

50

0

2009

2010

2011

2012

multi-family aver age sales price $400

$1.5

$350 $1.2

$300

THOUSANDS

MILLIONS

$0.9 $0.6 $0.3 $0

2009

2010

2011

2012

$250 $200 $150 $100 $50 $0

2009

2010

2011

2012

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. Š2013 Slifer Smith & Frampton Real Estate

2012 Slifer Report

15


s i lv e r t h o r n e Single-Family/Duplex

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$82,628,340 -23.0% $63,646,248 9.8% $69,855,985 -21.9% $54,523,810 47.6% $80,484,984

100 -23.0% 77 32.5% 102 -10.8% 91 37.4% 125

204 31.9% 269 4.8% 282 1.1% 285 -10.5% 255

$826,283 0.0% $826,575 -17.1% $684,863 -12.5% $599,163 7.5% $643,880

$3,975,000 -22.0% $3,100,000 -29.0% $2,200,000 -20.5% $1,750,000 29.1% $2,260,000

Low Sale Median Sale $118,500 134.6% $278,000 -17.3% $230,000 -30.4% $160,000 -5.0% $152,000

$727,000 -10.6% $650,000 -9.1% $591,000 -16.2% $495,000 14.1% $565,000

$1million+ sales 21 -4.8% 20 -25.0% 15 -20.0% 12 33.3% 16

condominium / townhome

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$46,311,850 -29.3% $32,736,108 -22.9% $25,243,542 10.2% $27,825,690 -3.2% $26,938,119

144 -26.4% 106 -14.2% 91 13.2% 103 -3.9% 99

99 76.8% 175 2.9% 180 -3.9% 173 6.9% 185

$321,610 -4.0% $308,831 -10.2% $277,402 -2.6% $270,152 0.7% $272,102

$672,000 -11.5% $595,000 -10.1% $535,000 2.4% $547,820 0.4% $550,000

Sales Volume

No. of Sales

Ave. Days on Market

Ave. Sale

High Sale

$13,311,650 -50.8% $6,554,480 -33.2% $4,376,500 31.7% $5,763,254 -13.6% $4,979,230

32 -46.9% 17 -11.8% 15 -20.0% 12 58.3% 19

215 28.4% 276 92.4% 531 0.9% 536 -22.4% 416

$415,989 -7.3% $385,558 -24.3% $291,767 64.6% $480,271 -45.4% $262,065

$1,300,000 7.7% $1,400,000 -41.1% $825,000 380.4% $3,963,555 -80.4% $775,000

Low Sale Median Sale $122,500 -10.2% $110,000 4.5% $115,000 -23.9% $87,500 -4.0% $84,000

$1million+ sales

$293,500 -4.6% $280,000 -8.9% $255,000 -3.9% $245,000 2.0% $250,000

0 n/a 0 n/a 0 n/a 0 n/a 0

homesites

2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012

Low Sale Median Sale $200,000 -5.0% $190,000 -52.6% $90,000 -38.9% $55,000 134.5% $129,000

$360,000 -3.6% $347,000 -20.7% $275,000 -40.4% $164,000 50.7% $247,200

$1million+ sales 3 -66.7% 1 -100.0% 0 n/a 1 -100.0% 0

price per square foot comparison Single-Family/Duplex

condominium/townhome

2009

2010

2011

2012

2009

2010

2011

2012

high

$475

$416

$481

$672

high

$402

$333

$337

$325

low

$123

$114

$95

$113

low

$194

$165

$120

$143

average

$274

$249

$231

$232

average

$277

$242

$226

$226

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. Š2013 Slifer Smith & Frampton Real Estate

16

2012 Slifer Report


S i lv e r t h o r n e Single-Family/Duplex sales volume

multi-family sales volume

$900

$35

$800

$30

$700

$25

$500

$20

$400

$15

MILLIONS

MILLIONS

$600

$300 $200 $100 $0

2009

2010

2011

2012

Single-Family/Duplex tr ansac tion volume

$0

2009

2010

2011

2012

120 100

TR ANSACTIONS

120

TR ANSACTIONS

$5

multi-family tr ansac tion volume

150

90 60 30 0

$10

2009

2010

2011

2012

Single-Family/Duplex aver age sales price

80 60 40 20 0

2009

2010

2011

2012

multi-family aver age sales price $350

$1.0

$300

$0.8

$250

THOUSANDS

MILLIONS

$0.6 $0.4 $0.2 $0

2009

2010

2011

2012

$200 $150 $100 $50 $0

2009

2010

2011

2012

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. Š2013 Slifer Smith & Frampton Real Estate

2012 Slifer Report

17


The most trusted name in Colorado Mountain real estate for 50 years Closed Sales Volume January – December of each Year $300

$250

$200

$150

$50

2008

2009

2010

2011

2012

$0

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 over $200 million in transactions each of the past five years.

Summit CountyR eal E state.com 18

2012 Slifer Report

MILLIONS

$100


slifer smith & frampton real estate offices for further real estate market information please visit us at the following locations throughout summit county:

breckenridge 117 South Main street P.O. Box 959 Breckenridge, CO 80424 Phone: (970)453-9090 Toll-free: (888)531-2800 One Ski Hill Place 1521 Ski Hill Road P.O. Box 8740 Breckenridge, CO 80424 Phone: (970)547-6000 Toll-free: (877)333-8850

keystone Keystone Resort 0140 Ida Belle Drive F-12 P.O. Box 38-K61 Keystone, CO 80435 Phone: (970)496-4522 Toll-free: (800)548-3307

2012 Slifer Report

19


one website... every propert y in summit count y

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Since 1962

2012 Slifer Report  

The Slifer Report is an in-depth analysis of real estate activity broken down by area and property type.

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