VAIL VALLEY REAL ESTATE 2017 ANNUAL MARKET REVIEW

Transcription

1 The Slifer Report VAIL VALLEY REAL ESTATE 2017 ANNUAL MARKET REVIEW VAILREALESTATE.COM

2 TABLE OF CONTENTS Company Performance...3 Map of the Valley Vail Valley Overview Vail Valley Luxury Market EAST >>> WEST Vail Village & Lionshead...10 Vail Golf Course, Spraddle Creek & Cascade Village...11 Vail - All Other Areas Eagle - Vail Avon & Wildridge Mountain Star Beaver Creek...16 Bachelor Gulch Village Arrowhead...18 Edwards, Homestead & Lake Creek...19 Singletree...20 Cordillera...21 Wolcott...22 Eagle & Eagle Ranch...23 Gypsum...24 >>> Vail Valley Land Overview...25 Online Tools - Real Time Alerts...26 Global Reach...27

3 LOCAL BRAND, LOCAL LEADERS BILLION SLIFER SMITH & FRAMPT SHARE * 1.0B 800M 46.9M COLDWELL BANKER 48.3M RON BYRNE & ASSOCIATES 54M EUSTAQUIO CORTINA RE 105M ENGEL & VOLKERS 131M KELLER WILLIAMS 405.8M BERKSHIRE HATHAWAY 461.3M LIV SOTHEBY S SSF 600M 400M 200M 0M MILLIONS - BILLIONS Slifer Smith & Frampton Real Estate has a 54-year local perspective and over 120 seasoned Vail Valley real estate brokers. Whether you are maximizing exposure to sell your home or seeking the best values in our resort market, clients across the globe trust the Vail Valley s leading real estate company. *Data gathered is from Land and Residential sales from through Source of all data is the Vail Board of Realtors, Multiple Listing Service. Information is deemed reliable but not guaranteed. 3

4 VAIL VALLEY AT A GOLF COMMUNITY SKI RESORT Wolcott & Bellyache Ridge SSF OFFICES 70 Red Sky Ranch Cordillera Valley Club Gypsum Eagle Edwards EAGLE COUNTY AIRPORT Eagle Ranch Frost Creek Cordillera Arrowhead Lake Creek SLIFER SMITH & FRAMPTON VAIL 5 locations >>> AVON 3 locations >>> Bridge Street 230 Bridge St Bridge Street 281 Bridge St Solaris at Vail 141 E Meadow Dr Lionshead 531 E Lionshead Cir, Ste Four Seasons Resort One Vail Rd The Westin Riverfront Village 126 Riverfront Ln, Ste. C Mountain Star 39 Paintbrush Avon Corporate 30 Benchmark Rd, Ste CORDILLERA 1 location >>> The Summit 325 Settlers Loop

5 GLANCE Singletree Mountain Star Avon & Wildridge West Vail Lionshead Vail Village North 70 Bachelor Gulch Eagle-Vail Beaver Creek Minturn East Vail REAL ESTATE OFFICES VILLAGES OF BEAVER CREEK 8 locations >>> Arrowhead 160 Cresta Rd Bachelor Gulch Village 130 Daybreak Ridge, The Ritz-Carlton Beaver Creek Village 46 Avondale Ln Highlands Lodge 15 Highlands Ln Park Hyatt Promenade 148 Beaver Creek Plaza, adjacent to ice rink Park Hyatt Lobby 148 Beaver Creek Plaza St James Place 210 Offerson Rd The Charter 120 Offerson Rd We live here, we work here, we play here. Find your place at: VAILREALESTATE.COM EAGLE Eagle Ranch 1143 Capitol St

6 2017 VAIL VALLEY OVERVIEW 1500 TRANSACTION VOLUME COMPARISON 1,493 1,530 1,418 NUMBER OF TRANSACTIONS ,234 1, COMPARISON 1.61B B 1.41B 1.33B 1.2 BILLIONS B

7 2017 VAIL VALLEY AREA OVERVIEW EAST VAIL TO WEST VAIL EAGLE VAIL, AVON, WILDRIDGE, MOUNTAIN STAR MILLIONS MILLIONS BEAVER CREEK MOUNTAIN (BC, BG, AH) SINGLETREE, EDWARDS, HOMESTEAD, LAKECREEK MILLIONS MILLIONS CORDILLERA EAGLE, GYPSUM MILLIONS MILLIONS

8 NUMBER OF TRANSACTIONS TRANSACTION VOLUME COMPARISON- RESIDENTIAL OVER 5MILLION COMPARISON- RESIDENTIAL OVER 5MILLION 328.4M 301.2M 295.1M 250 MILLIONS M 208.9M MOUNTAINLUXURYCOLLECTION.COM 8

9 2017 VAIL VALLEY LUXURY MARKET SHARE TOP 8 COMPANIES RESIDENTIAL & LAND M 300 MLS Data : Listed at 5M and above M 100 MILLIONS M 13.5M 15.7M 18.3M VAIL LUXURY REAL ESTATE CHRISTIANIA REALTY, INC. ENGEL & VOLKERS DAVOS GROUP VAIL 24.7M RON BYRNE & ASSOCIATES 40.6M BERKSHIRE HATHAWAY LIV SOTHEBY S SSF 9

10 VAIL VILLAGE & LIONSHEAD ,350, ,907,143 6,200, ,753, ,057,923 7,925, ,945, ,394,500 9,250, ,591, ,655,857 8,066, ,775, ,355,000 12,425, ,187, ,104,968 1,353, ,746, ,764,492 1,925, ,298, ,535,856 1,730, ,559, ,906,663 1,462, ,268, ,825,589 2,150, AVERAGE: 1,611 1,833 1,853 1,992 2,103 AVERAGE: 1,232 1,371 1,389 1,339 1,721 AVERAGE OF SALE PRICE/LAST LISTED PRICE: 89.59% AVERAGE OF SALE PRICE/LAST LISTED PRICE: 92.70% 10

11 VAIL GOLF COURSE, SPRADDLE CREEK & CASCADE VILLAGE ,507, ,101,500 2,950, ,725, ,931,250 3,975, ,350, ,270,000 1,700, ,745, ,971,667 3,750, ,809, ,486,357 3,025, ,215, ,158,214 1,107, ,756, ,268,339 1,243, ,450, ,287,500 1,352, ,883, ,325,533 1,350, ,572, ,659,385 1,900, AVERAGE: AVERAGE: AVERAGE OF SALE PRICE/LAST LISTED PRICE: 91.99% AVERAGE OF SALE PRICE/LAST LISTED PRICE: 95.54% 11

12 VAIL - ALL OTHER AREAS ,007, ,615,572 1,550, ,176, ,670,133 1,298, ,371, ,863,778 1,391, ,264, ,621,905 1,397, ,470, ,988,479 1,643, ,599, , , ,543, , , ,372, , , ,205, , , ,727, , , AVERAGE: AVERAGE: AVERAGE OF SALE PRICE/LAST LISTED PRICE: 93.50% AVERAGE OF SALE PRICE/LAST LISTED PRICE: 97.16% 12

13 EAGLE-VAIL ,720, , , ,199, , , ,776, , , ,282, , , ,191, , , ,710, , , ,119, , , ,406, , , ,298, , , ,734, , , AVERAGE: AVERAGE: AVERAGE OF SALE PRICE/LAST LISTED PRICE: 97.30% AVERAGE OF SALE PRICE/LAST LISTED PRICE: 97.29% 13

14 AVON & WILDRIDGE ,955, , , ,525, , , ,668, , , ,447, , , ,999, ,193,524 1,020, ,549, , , ,443, , , ,904, , , ,439, , , ,464, , , AVERAGE: AVERAGE: AVERAGE OF SALE PRICE/LAST LISTED PRICE: 94.81% AVERAGE OF SALE PRICE/LAST LISTED PRICE: 96.72% 14

15 MOUNTAIN STAR 2013 N/A N/A N/A N/A N/A ,700, ,900,000 2,500, ,245, ,081,667 5,995, ,450, ,450,000 3,450, ,380, ,690,000 3,690, AVERAGE: N/A AVERAGE OF SALE PRICE/LAST LISTED PRICE: 95.36% 15

16 BEAVER CREEK ,175, ,561,364 3,850, ,745, ,795,000 3,200, ,590, ,858,235 5,120, ,899, ,915,327 3,300, ,860, ,704,286 4,700, ,038, ,246, , ,666, ,350,869 1,122, ,645, ,277, , ,419, ,450,836 1,137, ,439, ,649,862 1,200, AVERAGE: AVERAGE: AVERAGE OF SALE PRICE/LAST LISTED PRICE: 93.15% AVERAGE OF SALE PRICE/LAST LISTED PRICE: 94.67% 16

17 BACHELOR GULCH VILLAGE ,830, ,152,500 5,285, ,412, ,916,000 7,295, ,657, ,848,750 9,848, ,992, ,749,109 5,487, ,254, ,521,167 8,499, ,246, ,838,047 1,576, ,047, ,418,646 2,208, ,693, ,619,811 1,399, ,097, ,047,722 2,000, ,790, ,990,455 1,822, AVERAGE: ,027 AVERAGE: AVERAGE OF SALE PRICE/LAST LISTED PRICE: 96.08% AVERAGE OF SALE PRICE/LAST LISTED PRICE: 93.82% 17

18 ARROWHEAD ,762, ,957,335 1,780, ,229, ,582,378 2,458, ,168, ,833,395 2,350, ,794, ,321,917 1,816, ,809, ,252,582 2,056, ,713, , , ,105, , , ,661, , , ,392, ,016, , ,047, , , AVERAGE: AVERAGE: AVERAGE OF SALE PRICE/LAST LISTED PRICE: 95.29% AVERAGE OF SALE PRICE/LAST LISTED PRICE: 95.39% 18

19 EDWARDS, HOMESTEAD & LAKE CREEK ,240, ,030, , ,911, ,247, , ,874, ,128, , ,191, ,376,896 1,017, ,328, ,565,783 1,080, ,422, , , ,720, , , ,296, , , ,628, , , ,471, , , AVERAGE: AVERAGE: AVERAGE OF SALE PRICE/LAST LISTED PRICE: 95.21% AVERAGE OF SALE PRICE/LAST LISTED PRICE: 97.65% 19

20 SINGLETREE ,802, , , ,758, , , ,512, , , ,311, ,119, , ,524, ,036, , ,982, , , ,504, , , ,467, , , ,312, , , ,317, , , AVERAGE: AVERAGE: AVERAGE OF SALE PRICE/LAST LISTED PRICE: 95.80% AVERAGE OF SALE PRICE/LAST LISTED PRICE: 96.99% 20

21 CORDILLERA ,804, ,551,200 1,310, ,059, ,801,491 1,617, ,497, ,852,225 1,781, ,800, ,790,927 1,680, ,639, ,727,337 1,700, N/A N/A N/A N/A N/A 2014 N/A N/A N/A N/A N/A 2015 N/A N/A N/A N/A N/A 2016 N/A N/A N/A N/A N/A 2017 N/A N/A N/A N/A N/A AVERAGE: AVERAGE: N/A N/A N/A N/A N/A AVERAGE OF SALE PRICE/LAST LISTED PRICE: 92.20% AVERAGE OF SALE PRICE/LAST LISTED PRICE: N/A 21

22 WOLCOTT ,101, ,020, , ,175, ,725,000 2,525, ,479, ,495,800 1,000, ,351, ,261,265 1,100, ,988, ,332, , AVERAGE: AVERAGE OF SALE PRICE/LAST LISTED PRICE: 85.51% 22

23 EAGLE & EAGLE RANCH ,273, , , ,319, , , ,274, , , ,581, , , ,529, , , ,392, , , ,862, , , ,200, , , ,083, , , ,378, , , AVERAGE: AVERAGE: AVERAGE OF SALE PRICE/LAST LISTED PRICE: 97.36% AVERAGE OF SALE PRICE/LAST LISTED PRICE: 98.58% 23

24 GYPSUM ,229, , , ,528, , , ,568, , , ,480, , , ,288, , , ,256, , , ,206, , , ,714, , , ,372, , , ,050, , , AVERAGE: AVERAGE: AVERAGE OF SALE PRICE/LAST LISTED PRICE: 98.73% AVERAGE OF SALE PRICE/LAST LISTED PRICE: 100.8% 24

25 2017 VAIL VALLEY LAND OVERVIEW 160 TRANSACTION VOLUME COMPARISON NUMBER OF TRANSACTIONS COMPARISON 57.1M 57.4M M 34.5M MILLIONS M

26 REAL TIME ALERTS Price Changes New Listings Sold Properties Find out the moment it happens. Get alerts straight to your inbox when matching properties hit the market. Be the first to know within minutes, the fastest of ANY website. Get Real Time Alerts from ALL listings in the Vail Valley on: Signing up for a My Place account also includes these tools: Search all Sold Properties in the Valley Sign up for My Market Shapshot: { Find out what homes are selling for in your neighborhood Compare price per square foot View For-Sale listings in your area { 26

27 LOCAL COMPANY, GLOBAL REACH. Our international organization produced more home sales volume than any national real estate network. Being part of the global economy goes far beyond technology; it requires the human touch. We are proud to belong to the global network whose name says it all - Leading Real Estate Companies of the World. Only the best of the best are part of this collection. Wherever you go, the Leading Real Estate Companies of the World logo is a symbol of the finest local real estate professionals. BILLIONS BILLION MORE U.S. HOME IN 2016 THAN OUR CLOSEST COMPETITOR* 368 B SLIFER SMITH & FRAMPTON REAL ESTATE/ Leading Real Estate Companies of the World SSF 306 B RE/MAX 260 B COLDWELL BANKER 225 B KELLER WILLIAMS SLIFER SMITH & FRAMPTON REAL ESTATE/ Leading Real Estate Companies of the World RE/MAX Coldwell Banker Keller Williams Berkshire Hathaway Home Services Century 21 Sotheby s International Realty 150 B 127 B BERKSHIRE HATHAWAY CENTURY B SOTHEBY S 500 FIRMS 40 COUNTRIES 120,000 ASSOCIATES We live here, we work here, we play here. Find your place at: VAILREALESTATE.COM 19 OFFICES OVER 100 BROKERS Helping People LIVE LOCAL for Over 50 Years 27

28 We live here, we work here, we play here. Find your place at: VAILREALESTATE.COM Photo credit Jack Affleck Photography