2010 Summit County Slifer Report

colorado mountain real estate

the slifer report {

2010 annual market review

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table of contents Summit County Overview ........................ 2–3 Breckenridge ................................................ 4 Copper Mountain......................................... 5 Dillon ............................................................ 6 Frisco ............................................................ 7 Keystone....................................................... 8 Silverthorne .................................................. 9 SSF Information and Office Listings......10–11

summitcountyrealestate.com

SU M Mit CoU NtY oV erV ieW

NUMBER OF TR ANSACTIONS

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

2,888

2,526

2,459

2,335 2,000

1,500 1,352 1,000

985

1,092

500

0

2003

2004

2005

2006

2007

$1.281

$1.313

2008

2009

2010

$0.585

$0.598

2009

2010

sales volume comparison $1.5

$1.2 $1.126 $0.9 $0.853

$0.815

$0.774

BILLIONS

$0.6

$0.3

$0

2003

2004

2005

2006

2007

2008

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. Š2011 Slifer Smith & Frampton Real Estate

2

2010 Slifer report

SU MMit CoU NtY oV erV ieW aver age sales price $700,000

$602,965

$593,469

$600,000 $534,056 $547,456

SALES PRICE

$500,000 $443,563 $387,335

$400,000 $331,313

$337,742 $300,000

2003

2004

2005

2006

2007

2008

2009

2010

3,000 2,580

2,491 2,500 2,090 2,000 1,463

1,500

1,716

1,813

1,881

1,000 909

08 -

0

Ja n Fe b M ar Ap M r ay Ju n Ju Au l g Se p O ct N o 20 D v 09 ec -J an Fe b M ar Ap r M ay Ju n Ju Au l g Se p O ct N o 20 D v 10 ec -J an Fe b M ar Ap r M ay Ju n Ju Au l g Se p O ct N ov D ec

500

20

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. Š2011 Slifer Smith & Frampton Real Estate

2010 Slifer report

3

BreCK eNriDGe single-family/DupleX

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$311,141,283 -1.2% $307,342,639 -31.7% $210,052,789 3.7% $217,916,722 -24.2% $165,243,848

371 -13.5% 321 -38.9% 196 6.6% 209 -17.2% 173

171 -9.4% 155 12.9% 175 44.0% 252 6.7% 269

$838,656 14.2% $957,454 12.3% $1,075,698 -3.1% $1,042,664 -8.4% $955,167

$3,750,000 46.7% $5,500,000 0.9% $5,550,000 49.3% $8,285,000 -52.3% $3,950,000

$160,000 -5.0% $152,000 68.4% $256,000 -32.8% $172,000 16.3% $200,000

$665,000 8.3% $720,000 14.5% $824,500 -3.0% $800,000 -3.1% $775,000

96 -4.2% 92 -21.7% 72 13.9% 82 -30.5% 57

conDominium / townhome

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$256,380,569 -3.5% $247,301,027 -26.2% $182,396,159 -58.4% $75,967,525 76.5% $134,083,512

565 -17.7% 465 -42.6% 267 -43.4% 151 50.3% 227

163 19.0% 194 9.8% 213 9.4% 233 44.2% 336

$454,575 17.0% $531,830 28.4% $683,132 -26.4% $503,096 17.4% $590,676

$1,500,000 56.7% $2,350,000 2.1% $2,400,000 -30.2% $1,675,000 60.6% $2,690,000

$85,000 34.1% $114,000 6.1% $121,000 -9.9% $108,990 -38.5% $67,000

$397,500 8.7% $432,000 29.6% $560,000 -26.8% $410,000 3.7% $425,000

21 66.7% 35 54.3% 54 -77.8% 12 150.0% 30

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$84,137,536 0.3% $84,368,279 -49.6% $42,523,726 -74.0% $11,076,900 60.6% $17,785,085

259 -26.6% 190 -58.9% 78 -48.7% 40 45.0% 58

311 -36.0% 199 -1.5% 196 43.9% 282 -3.9% 271

$324,855 36.7% $444,044 22.8% $545,176 -49.2% $276,923 10.7% $306,639

$1,450,000 79.3% $2,600,000 -32.7% $1,750,000 -62.1% $664,000 397.0% $3,300,000

$16,000 136.9% $37,900 -59.2% $15,480 158.4% $40,000 -50.0% $20,000

$270,000 34.5% $363,050 17.1% $425,000 -42.6% $244,000 -37.6% $152,334

7 85.7% 13 15.4% 15 -100.0% 0 N/A 3

homesites

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

price per sQuare foot comparison SINGLE-FAMILY/DUPLEX

HIGH

2007

2008

2009

2010

$887

$847

$1,262

$823

CONDOMINIUM/TOWNHOME

HIGH

2007

2008

2009

2010

$989

$2,015

$927

$1,452

LOW

$166

$158

$92

$109

LOW

$193

$137

$193

$155

AVERAGE

$332

$359

$326

$294

AVERAGE

$498

$589

$451

$546

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. ©2011 Slifer Smith & Frampton Real Estate

4

2010 Slifer report

Copper MoU NtA iN single-family/DupleX

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$4,369,000 57.1% $6,865,000 -100.0% $0 N/A $2,650,000 188.5% $7,645,000

3 33.3% 4 -100.0% 0 N/A 1 300.0% 4

215 8.8% 234 -100.0% 0 N/A 115 232.2% 382

$1,456,332 17.8% $1,716,250 -100.0% $0 N/A $2,650,000 -27.9% $1,911,250

$2,159,000 -16.6% $1,800,000 -100.0% $0 N/A $2,650,000 13.0% $2,995,000

$1,060,000 52.8% $1,620,000 -100.0% $0 N/A $2,650,000 -56.6% $1,150,000

$1,150,000 49.8% $1,722,500 -100.0% $0 N/A $2,650,000 -34.0% $1,750,000

3 33.3% 4 -100.0% 0 N/A 1 300.0% 4

conDominium / townhome

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$53,152,845 -22.6% $41,120,179 -43.9% $23,075,925 -23.3% $17,694,000 -38.5% $10,878,800

155 -28.4% 111 -54.1% 51 -23.5% 39 -25.6% 29

207 -39.1% 126 -7.1% 117 157.3% 301 -28.2% 216

$342,922 8.0% $370,452 22.1% $452,469 0.3% $453,692 -17.3% $375,131

$1,800,000 -46.7% $960,000 108.3% $2,000,000 -51.8% $964,900 -14.5% $825,000

$130,000 -15.4% $110,000 58.6% $174,500 33.8% $233,500 -60.6% $92,000

$312,000 11.9% $349,000 -4.0% $335,000 12.7% $377,520 -9.9% $340,000

2 -100.0% 0 N/A 2 -100.0% 0 N/A 0

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$2,150,000 3.7% $2,229,500 57.0% $3,500,000 -100.0% $0 N/A $0

3 0.0% 3 0.0% 3 -100.0% 0 N/A 0

281 13.5% 319 -57.1% 137 -100.0% 0 N/A 0

$716,667 3.7% $743,167 57.0% $1,166,667 -100.0% $0 N/A $0

$900,000 10.6% $995,000 25.6% $1,250,000 -100.0% $0 N/A $0

$625,000 -2.5% $609,500 64.1% $1,000,000 -100.0% $0 N/A $0

$625,000 0.0% $625,000 100.0% $1,250,000 -100.0% $0 N/A $0

0 N/A 0 N/A 3 -100.0% 0 N/A 0

homesites

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

price per sQuare foot comparison SINGLE-FAMILY/DUPLEX

HIGH

2007

2008

2009

2010

$683

N/A

$496

$574

CONDOMINIUM/TOWNHOME

HIGH

2007

2008

2009

2010

$644

$653

$592

$583

LOW

$424

N/A

$496

$374

LOW

$192

$296

$328

$174

AVERAGE

$534

N/A

$496

$452

AVERAGE

$430

$466

$463

$385

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. ©2011 Slifer Smith & Frampton Real Estate

2010 Slifer report

5

DilloN single-family/DupleX

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$51,342,791 1.0% $51,861,496 -42.8% $29,669,395 -35.4% $19,158,600 35.6% $25,978,050

95 -12.6% 83 -36.1% 53 -30.2% 37 27.0% 47

135 -9.6% 122 -4.1% 117 48.7% 174 12.1% 195

$540,450 15.6% $624,837 -10.4% $559,800 -7.5% $517,800 6.7% $552,724

$1,875,000 -16.8% $1,560,000 -11.7% $1,377,475 -25.2% $1,030,000 151.6% $2,591,000

$282,000 6.4% $300,000 -15.1% $254,670 15.5% $294,200 -9.9% $265,000

$506,000 9.2% $552,500 -13.1% $480,000 -16.9% $399,000 15.9% $462,500

1 600.0% 7 -71.4% 2 -50.0% 1 100.0% 2

conDominium / townhome

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$39,680,116 40.2% $55,647,306 -55.2% $24,921,441 -42.2% $14,401,925 -12.4% $12,622,910

198 10.1% 218 -56.9% 94 -36.2% 60 -1.7% 59

81 59.3% 129 -30.2% 90 74.4% 157 15.3% 181

$200,405 27.4% $255,263 3.9% $265,122 -9.5% $240,032 -10.9% $213,948

$665,000 4.5% $695,000 8.2% $752,000 27.0% $955,000 -0.5% $950,000

$76,800 10.7% $85,000 44.1% $122,500 -10.2% $110,000 -10.0% $99,000

$164,250 29.9% $213,375 0.8% $215,000 -10.6% $192,200 -3.7% $185,000

0 N/A 0 N/A 0 N/A 0 N/A 0

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$7,031,004 -40.8% $4,161,503 11.8% $4,654,100 -95.9% $193,000 443.7% $1,049,400

30 -43.3% 17 -11.8% 15 -93.3% 1 500.0% 6

323 -27.2% 235 23.0% 289 39.4% 403 -63.0% 149

$234,367 4.4% $244,794 26.7% $310,273 -37.8% $193,000 -9.4% $174,900

$825,000 -59.8% $331,500 319.9% $1,392,000 -86.1% $193,000 78.8% $345,000

$119,000 38.7% $165,000 -3.0% $160,000 20.6% $193,000 -91.7% $16,000

$189,450 29.3% $245,000 -2.4% $239,000 -19.2% $193,000 -12.2% $169,450

0 N/A 0 N/A 1 -100.0% 0 N/A 0

homesites

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

price per sQuare foot comparison SINGLE-FAMILY/DUPLEX

HIGH

2007

2008

2009

2010

$374

$353

$339

$438

CONDOMINIUM/TOWNHOME

HIGH

2007

2008

2009

2010

$513

$471

$503

$443

LOW

$111

$121

$101

$112

LOW

$151

$194

$170

$104

AVERAGE

$255

$241

$230

$220

AVERAGE

$278

$303

$266

$235

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. ©2011 Slifer Smith & Frampton Real Estate

6

2010 Slifer report

friSCo single-family/DupleX

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$62,835,493 -32.6% $42,375,375 -54.0% $19,480,890 20.2% $23,413,400 -0.2% $23,371,731

74 -32.4% 50 -52.0% 24 37.5% 33 -3.0% 32

140 -3.6% 135 60.7% 217 21.2% 263 -23.2% 202

$849,128 -0.2% $847,508 -4.2% $811,704 -12.6% $709,497 2.9% $730,367

$2,400,000 -34.4% $1,575,000 -1.0% $1,560,000 2.6% $1,600,000 18.8% $1,900,000

$378,000 16.1% $438,750 1.2% $443,890 -21.2% $350,000 -43.0% $199,481

$754,950 11.2% $839,500 -12.4% $735,000 -11.7% $649,000 -15.3% $550,000

18 -44.4% 10 -50.0% 5 -40.0% 3 133.3% 7

conDominium / townhome

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$45,331,975 77.5% $80,450,660 -53.9% $37,119,910 -32.4% $25,108,473 31.8% $33,104,305

131 29.8% 170 -50.0% 85 -23.5% 65 29.2% 84

81 79.0% 145 -31.7% 99 115.2% 213 5.6% 225

$346,046 36.8% $473,239 -7.7% $436,705 -11.5% $386,284 2.0% $394,099

$917,000 46.1% $1,340,000 -26.1% $990,000 -19.2% $800,000 10.3% $882,500

$119,000 34.5% $160,000 36.3% $218,000 -31.6% $149,080 -12.0% $131,250

$325,000 32.3% $430,000 -8.1% $395,000 -10.1% $355,000 -1.1% $351,250

0 N/A 2 -100.0% 0 N/A 0 N/A 0

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$2,214,500 -8.5% $2,025,500 -23.5% $1,549,000 -34.2% $1,020,000 92.8% $1,967,000

9 -33.3% 6 -33.3% 4 -25.0% 3 100.0% 6

235 -62.6% 88 -28.4% 63 1027.0% 710 -82.1% 127

$246,056 37.2% $337,583 14.7% $387,250 -12.2% $340,000 -3.6% $327,883

$305,000 42.3% $434,000 3.5% $449,000 -2.0% $440,000 -3.4% $425,000

$173,000 28.6% $222,500 32.6% $295,000 -11.9% $260,000 -6.9% $242,000

$250,000 38.8% $347,000 16.0% $402,500 -20.5% $320,000 4.7% $335,000

0 N/A 0 N/A 0 N/A 0 N/A 0

homesites

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

price per sQuare foot comparison SINGLE-FAMILY/DUPLEX

HIGH

2007

2008

2009

2010

$986

$856

$444

$627

CONDOMINIUM/TOWNHOME

HIGH

2007

2008

2009

2010

$568

$552

$470

$428

LOW

$225

$189

$172

$184

LOW

$197

$252

$200

$68

AVERAGE

$365

$357

$272

$299

AVERAGE

$354

$370

$308

$309

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. ©2011 Slifer Smith & Frampton Real Estate

2010 Slifer report

7

K eYStoNe single-family/DupleX

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$35,418,700 2.1% $36,161,500 -59.8% $14,542,500 48.6% $21,609,750 -44.5% $11,996,500

34 -20.6% 27 -51.9% 13 38.5% 18 -11.1% 16

235 -6.8% 219 5.5% 231 -14.7% 197 83.8% 362

$1,041,726 28.5% $1,338,204 -16.4% $1,118,654 7.3% $1,200,542 -37.7% $747,906

$2,200,000 54.5% $3,400,000 -22.1% $2,650,000 15.1% $3,050,000 -47.5% $1,600,000

$356,000 13.8% $405,000 43.2% $580,000 -79.3% $120,000 112.5% $255,000

$958,075 32.0% $1,265,000 -20.2% $1,010,000 27.5% $1,287,500 -41.6% $752,000

14 21.4% 17 -58.8% 7 85.7% 13 -84.6% 2

conDominium / townhome

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$130,494,664 2.8% $134,105,016 -47.7% $70,146,545 -33.0% $46,973,773 8.7% $51,077,524

435 -25.5% 324 -49.1% 165 -27.9% 119 15.1% 137

174 -30.5% 121 -9.9% 109 54.1% 168 16.1% 195

$299,988 38.0% $413,904 2.7% $425,131 -7.1% $394,738 -5.6% $372,829

$1,500,000 40.0% $2,100,000 -52.4% $999,000 30.1% $1,300,000 0.0% $1,300,000

$99,999 32.0% $132,000 28.0% $169,000 -26.6% $124,000 -11.3% $110,000

$260,500 40.7% $366,575 3.7% $380,000 -10.5% $340,000 -5.0% $323,000

4 100.0% 8 -100.0% 0 N/A 2 -50% 1

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$7,255,500 33.8% $9,711,000 -80.5% $1,897,720 73.1% $3,285,000 -94.2% $190,000

21 42.9% 30 -86.7% 4 75.0% 7 -71.4% 2

364 -42.3% 210 -16.2% 176 7.4% 189 -88.9% 21

$345,500 -6.3% $323,700 46.6% $474,430 -1.1% $469,286 -79.8% $95,000

$825,000 -21.2% $650,000 7.7% $700,000 0.0% $700,000 -85.7% $100,000

$25,000 500.0% $150,000 -78.2% $32,720 633.5% $240,000 -62.5% $90,000

$315,000 -4.8% $300,000 94.2% $582,500 -29.6% $410,000 -76.8% $95,000

0 N/A 0 N/A 0 N/A 0 N/A 0

homesites

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

price per sQuare foot comparison SINGLE-FAMILY/DUPLEX

2007

2008

2009

2010

$574

$486

$593

$445

LOW

$196

$219

$139

$168

AVERAGE

$374

$374

$353

$300

HIGH

CONDOMINIUM/TOWNHOME

2007

2008

2009

2010

$823

$681

$682

$665

LOW

$177

$230

$215

$165

AVERAGE

$388

$421

$373

$340

HIGH

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. ©2011 Slifer Smith & Frampton Real Estate

8

2010 Slifer report

SilV ertHorNe single-family/DupleX

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$97,889,983 15.9% $113,411,071 -27.1% $82,628,340 -23.0% $63,646,248 9.8% $69,855,985

172 -7.0% 160 -37.5% 100 -23.0% 77 32.5% 102

186 -9.7% 168 21.4% 204 31.9% 269 4.8% 282

$569,128 24.5% $708,819 16.6% $826,283 0.0% $826,575 -17.1% $684,863

$1,950,000 -4.1% $1,870,000 112.6% $3,975,000 -22.0% $3,100,000 -29.0% $2,200,000

$148,500 -12.5% $130,000 -8.8% $118,500 134.6% $278,000 -17.3% $230,000

$478,750 25.2% $599,500 21.3% $727,000 -10.6% $650,000 -9.1% $591,000

13 84.6% 24 -12.5% 21 -4.8% 20 -25.0% 15

conDominium / townhome

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$66,899,462 -2.6% $65,177,849 -28.9% $46,311,850 -29.3% $32,736,108 -22.9% $25,243,542

256 -19.9% 205 -29.8% 144 -26.4% 106 -14.2% 91

73 4.1% 76 30.3% 99 76.8% 175 2.9% 180

$261,326 21.7% $317,941 1.2% $321,610 -4.0% $308,831 -10.2% $277,402

$529,900 30.0% $689,000 -2.5% $672,000 -11.5% $595,000 -10.1% $535,000

$92,000 22.8% $113,000 8.4% $122,500 -10.2% $110,000 4.5% $115,000

$251,700 17.2% $295,000 -0.5% $293,500 -4.6% $280,000 -8.9% $255,000

0 N/A 0 N/A 0 N/A 0 N/A 0

SALES VOLUME

NO. OF SALES

AVE. DAYS ON MARKET

AVE. SALE

HIGH SALE

LOW SALE

MEDIAN SALE

$1MILLION+ SALES

$20,666,800 9.3% $22,591,745 -41.1% $13,311,650 -50.8% $6,554,480 -33.2% $4,376,500

70 -5.7% 66 -51.5% 32 -46.9% 17 -11.8% 15

350 -1.1% 346 -37.9% 215 28.4% 276 92.4% 531

$295,240 15.9% $342,299 21.5% $415,989 -7.3% $385,558 -24.3% $291,767

$1,450,000 70.7% $2,475,000 -47.5% $1,300,000 7.7% $1,400,000 -41.1% $825,000

$58,000 81.0% $105,000 90.5% $200,000 -5.0% $190,000 -52.6% $90,000

$265,750 8.9% $289,500 24.4% $360,000 -3.6% $347,000 -20.7% $275,000

1 0.0% 1 200.0% 3 -66.7% 1 -100.0% 0

homesites

2006 % CHANGE 2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010

price per sQuare foot comparison SINGLE-FAMILY/DUPLEX

HIGH

2007

2008

2009

2010

$480

$478

$475

$416

CONDOMINIUM/TOWNHOME

HIGH

2007

2008

2009

2010

$397

$494

$402

$333

LOW

$144

$181

$123

$114

LOW

$166

$198

$194

$165

AVERAGE

$283

$304

$274

$249

AVERAGE

$278

$314

$277

$242

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. ©2011 Slifer Smith & Frampton Real Estate

2010 Slifer report

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49 YeArS of HArD WorK pAYS off closeD Dollar volume Jan 1–Dec 31, 2010

$280,898,189

$300

$250

$200

$180,834,992

$150 $104,869,841

Competitor 1

$34,615,870

$53,768,750

Competitor 2

Competitor 3

$39,743,909

Competitor 4

$50

Competitor 5

SSF

$0

MILLIONS

$100

Based on Summit Association of Realtors MLS residential and land sold data from 1/1/10 through 12/31/10. Sell sides and list sides combined for totals.

Includes closest competitors only.

Today’s real estate market can be extremely complicated. Now more than ever it is important that you work with the market experts. Slifer Smith & Frampton Real Estate has a 49-year perspective in Colorado mountain real estate and over 35 brokers in Summit County.

Whether you are maximizing exposure to sell your home or seeking the best values in our resort market, clients across the globe trust Summit County’s leading real estate company.

Since 1962

SUMMitCoUNtYreAleStAte.CoM 10

2010 Slifer report

summit county Real Estate

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-5A P.O. Box 38-K61 Keystone, CO 80435 Phone: (970)496-4522 Toll-free: (800)548-3307

The most trusted name in colorado mountain real estate for more than 45 years 2010 Slifer Report

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