SUMMIT COUNTY REAL ESTATE 2015 ANNUAL MARKET REVIEW TABLE OF CONTENTS

Transcription

1 THE SLIFER REPORT SUMMIT COUNTY REAL ESTATE 215 ANNUAL MARKET REVIEW TABLE OF CONTENTS Introduction... 2 Summit County Overview Breckenridge Copper Mountain Dillon Frisco Keystone Silverthorne Market Share SSF Office Information SUMMITCOUNTYREALESTATE.COM

2 Slifer Smith & Frampton Real Estate is fortunate to have called the Colorado Mountains home for over 5 years and our passion is assisting clients with finding their special place in this dynamic community. To help keep you well informed in this ever changing marketplace, The Slifer Report offers a comprehensive look into market performance in each of our unique mountain towns: Breckenridge, Copper Mountain, Dillon, Frisco, Keystone, and Silverthorne. Across these six communities, the 215 trend was continued growth in sales activity and property values. With residential and land sales volume reaching the 1 billion mark for the first time in eight years, 215 was an outstanding year for Summit County real estate. Transactions have been on a steady incline since 29 and reached their highest levels in eight years, totaling 2,17 transactions and over 1.2 billion dollars in 215. Gains were seen in average sales price across all communities, in nearly every segment including single-family homes, multi-family homes, and homesites. Available inventory and average days on market continue on a downward trend. In what was an incredible growth year for the local real estate market, Slifer Smith & Frampton is proud to be the #1 real estate brokerage in Summit County. With 45 million in transactions last year, our knowledgeable team of brokers helped clients sell more mountain real estate than any other brokerage in Summit County. Slifer Smith & Frampton also takes pride in being the leading brokerage for marketing and selling luxury properties of 1 million and up, having sold 49% more luxury sales than our next closest competitor. We are here to help clients fulfill their dreams of ownership in the mountains and welcome you to come in and see us at one of our four conveniently located offices in Frisco, Keystone, and Breckenridge. We look forward to assisting you with your 216 real estate needs. Best Regards, Jeff Jeff Moore Managing Broker, Summit County Slifer Smith & Frampton Real Estate * Data gathered from the Summit Association of Realtors Multiple Listing Service. Information is deemed reliable but not guaranteed. Cover photo courtesy of Slifer Smith & Frampton, Meredith Holt

3 215 SUMMIT COUNTY OVERVIEW TRANSACTION COMPARISON 3 2, , ,17 NUMBER OF ,84 1,634 1,352 1,43 1,195 1, COMPARISON 1.4B 1.2B 1.28B 1.31B 1.15B 1.B -BILLIONS

4 215 SUMMIT COUNTY OVERVIEW 7, PRICE HISTORY 65, 62, ,469 6, 547, ,937 55, 534,56 52,766 5, 497, ,697 55,18 45, 443,563 4, 35, 3, ACTIVE INVENTORY BY MONTH 3, 2,75 2,582 2,5 2,25 2,218 2,72 NUMBER OF RESIDENTIAL & LAND PROPERTIES LISTED 2, 1,75 1,5 1,25 1, ,813 1,657 1,487 Jan 1 Apr 1 Jul 1 Oct 1 Jan 11 Apr 11 Jul 11 Oct 11 Jan 12 Apr 12 Jul 12 1, ,747 1,188 1,687 Oct 12 Jan 13 Apr 13 Jul 13 Oct 13 Jan 14 Apr 14 Jul 14 Oct 14 1,1 1,271 Jan 15 Apr 15 Jul 15 Oct Jan 16

5 BRECKENRIDGE HIGH LOW 1MILLION ,174, ,962 3,275, 169,9 7, ,856, ,79 5,57,13 15, 675, ,48, ,34 3,4, 195, 66, ,782, ,1 3,64,593 21, 762, ,11, ,36,462 3,9, 239, 762, 18 HIGH LOW 1MILLION ,268, ,88 2,685, 18, 366, ,35, ,535 1,28, 73, 35, ,433, ,399 1,93, 11, 362, ,229, ,971 1,9, 5, 41, ,895, ,989 2,665, 127,9 426,5 37 HOMESITES HIGH LOW 1MILLION ,262, ,692 1,575, 16, 193, ,11, , 2,55, 15, 177, ,625, ,846 2,35, 12, 23, ,63, ,49 1,598, 35, 242, ,647, ,847 1,25, 3, 254, 8 PRICE PER SQUARE FOOT COMPARISON HIGH: HIGH: 1,71 1,124 1,226 1,22 LOW: LOW: : :

6 BRECKENRIDGE SINGLE-FAMILY MULTI-FAMILY MULTI-FAMILY TRANSACTION SINGLE-FAMILY TRANSACTION MULTI-FAMILY TRANSACTION MULTI-FAMILY TRANSACTION PRICE MULTI-FAMILY PRICE MULTI-FAMILY PRICE 1,2, 6, 1,, 8, 6, 876,79 828, ,34 959,1 1,36,462 5, 4, 3, 454,88 434,399 45, , ,989 4, 2, 2, 1, PRICE/SQ.FT. MULTI-FAMILY PRICE/SQ.FT

7 COPPER MOUNTAIN HIGH LOW 1MILLION ,899, ,299,667 2,849, 1,8, 2,25, ,7, ,7, 1,7, 1,7, 1,7, ,65, ,825, 1,9, 1,75, 1,825, ,99, ,995, 2,3, 1,69, 1,995, n/a n/a n/a n/a n/a HIGH LOW 1MILLION ,11, ,759 1,275, 71,5 332, ,634, , , 129,9 348, ,342, ,733 1,125, 138, 33, ,781, , ,2 8, 32, ,82, ,39 868,15 1, 344, HOMESITES HIGH LOW 1MILLION ,1, 1 1,1, 1,1, 1,1, 1,1, ,85, , 1,2, 65, 925, ,712, , 912, 8, 856, 214 n/a n/a n/a n/a n/a 215 1,25, ,25, 1,25, 1,25, 1,25, 1 PRICE PER SQUARE FOOT COMPARISON HIGH: n/a HIGH: LOW: n/a LOW: : n/a :

8 COPPER MOUNTAIN SINGLE-FAMILY MULTI-FAMILY MULTI-FAMILY N/A TRANSACTION SINGLE-FAMILY TRANSACTION MULTI-FAMILY TRANSACTION MULTI-FAMILY TRANSACTION N/A PRICE SINGLE-FAMILY PRICE , MULTI-FAMILY PRICE MULTI-FAMILY PRICE N/A 355, 345, 335, 325, 315, 36, , ,39 344, ,545 PRICE/SQ.FT. MULTI-FAMILY PRICE/SQ.FT N/A

9 DILLON HIGH LOW 1MILLION ,218, , , 269, 495, ,74, ,425 1,475, 2, 445, ,61, ,299 1,3, 222, 372, ,598, ,284 1,21, 275, 455, ,183, ,91 1,138,5 34, 574,5 2 HIGH LOW 1MILLION ,911, ,149 64, 64, , ,197, ,66 687,5 78, 179, ,183, , , 79, 215, ,327, , , 74, 25, ,54, , , 12, 264, HOMESITES HIGH LOW 1MILLION , , 199, 115, 127, 212 1,179, , , 96, 114, , , , 82, 141, , ,4 155, 13, 145, , ,95 215, 155, 162,5 PRICE PER SQUARE FOOT COMPARISON HIGH: HIGH: LOW: LOW: : :

10 DILLON SINGLE-FAMILY MULTI-FAMILY MULTI-FAMILY TRANSACTION SINGLE-FAMILY TRANSACTION MULTI-FAMILY TRANSACTION MULTI-FAMILY TRANSACTION PRICE MULTI-FAMILY PRICE MULTI-FAMILY PRICE 7, 6, 5, 4, 3, 2, 1, 616,91 494, , , ,284 3, 25, 2, 15, 1, 5, 264, , ,149 22,66 234,179 PRICE/SQ.FT. MULTI-FAMILY PRICE/SQ.FT

11 FRISCO HIGH LOW 1MILLION ,423, ,756 1,3, 29,9 559, ,786, ,516 1,225, 271,9 628, ,354, ,723 1,435,69 35, 713, ,863, ,587 1,2, 345, 678, ,712, ,11 2,7, 315, 75, 13 HIGH LOW 1MILLION ,388, ,16 88, 126, 337, ,631, ,26 84, 125, 359, ,357, , , 13, 349, ,857, ,553 1,1, 157, 45, ,452, ,766 1,, 162, 48,25 1 HOMESITES HIGH LOW 1MILLION ,629, ,9 625, 222, 275, 212 2,2, ,571 47, 165, 28, 213 1,549, ,8 38, 188, 37, 214 1,183, ,6 299, 14, 25, 215 2,634, ,767 4, 149,9 355, PRICE PER SQUARE FOOT COMPARISON HIGH: HIGH: LOW: LOW: : :

12 FRISCO SINGLE-FAMILY MULTI-FAMILY MULTI-FAMILY TRANSACTION SINGLE-FAMILY TRANSACTION MULTI-FAMILY TRANSACTION MULTI-FAMILY TRANSACTION PRICE MULTI-FAMILY PRICE MULTI-FAMILY PRICE 9, 5, 75, 6, 45, 3, 15, 637, , , , ,11 4, 3, 2, 1, 387,16 374,26 369, , ,766 PRICE/SQ.FT. MULTI-FAMILY PRICE/SQ.FT

13 KEYSTONE HIGH LOW 1MILLION ,124, ,7,266 2,195, 31, 962, ,821, ,725 2,6, 29, 871, ,198, ,58 1,899, , 995, ,558, ,915 1,55, 468, 715, ,55, ,1,55 3,5, 44, 875, 14 HIGH LOW 1MILLION ,259, ,833 1,4, 118, 28, ,939, ,3 1,1, 1, 32, ,299, ,56 1,49, 25,1 29, ,458, ,694 1,7, 26,5 283, ,913, ,557 1,778,8 28, 33, 5 HOMESITES HIGH LOW 1MILLION , ,5 335, 157,5 16, 212 2,296, ,63 375, 152,1 29, ,295, , 33, 14, 157, ,784, , , 11, 32, 215 1,857, ,357 42, 8, 267,5 PRICE PER SQUARE FOOT COMPARISON HIGH: HIGH: LOW: LOW: : :

14 KEYSTONE SINGLE-FAMILY MULTI-FAMILY MULTI-FAMILY TRANSACTION SINGLE-FAMILY TRANSACTION MULTI-FAMILY TRANSACTION MULTI-FAMILY TRANSACTION PRICE MULTI-FAMILY PRICE MULTI-FAMILY PRICE 1,4, 1,2, 1,, 8, 6, 4, 1.7M 96, ,58 727,915 1.M 36, 35, 34, 33, 32, 343, ,3 328,56 321, ,557 2, 31, 3, PRICE/SQ.FT. MULTI-FAMILY PRICE/SQ.FT

15 SILVERTHORNE HIGH LOW 1MILLION ,523, ,163 1,75, 16, 495, ,484, ,88 2,26, 152, 565, ,995, ,961 2,65, 9, 62, ,827, ,751 2,375, 168, 627, ,63, ,67 1,8, 195, 627,5 18 HIGH LOW 1MILLION ,825, , ,82 87,5 245, ,938, ,12 55, 84, 25, ,392, ,812 59, 88, 245, ,271, ,178 72, 92,5 247, ,578, ,788 73, 95, 295,7 HOMESITES HIGH LOW 1MILLION ,763, ,271 3,963,555 55, 164, ,979, ,65 775, 129, 247, ,869, , , 134,9 186, 214 7,744, ,52 5, 29,5 247, ,267, , , 149,5 227,5 PRICE PER SQUARE FOOT COMPARISON HIGH: HIGH: LOW: LOW: : :

16 SILVERTHORNE SINGLE-FAMILY MULTI-FAMILY MULTI-FAMILY TRANSACTION SINGLE-FAMILY TRANSACTION MULTI-FAMILY TRANSACTION MULTI-FAMILY TRANSACTION PRICE MULTI-FAMILY PRICE MULTI-FAMILY PRICE 7, 6, 5, 599, ,88 663, , ,67 35, 3, 25, 27, ,12 271, , ,788 4, 2, 3, 15, 2, 1, 1, 5, PRICE/SQ.FT. MULTI-FAMILY PRICE/SQ.FT

17 215 SUMMIT COUNTY MARKET SHARE OVERALL MARKET SHARE LAND & RESIDENTIAL SSF RE/MAX BRECK ASSOCIATES CB-ROUNDS PORTER CORNERSTONE LIV SOTHEBY S 85.3 PAFFRATH & THOMAS COLORADO RE OMNI 52.7 CENTURY 21 GOLD LUXURY MARKET SHARE OVER 1MILLION LAND & RESIDENTIAL SSF BRECK ASSOCIATES CB-ROUNDS PORTER RE/MAX 41.7 LIV SOTHEBY S 4.5 PAFFRATH & THOMAS IM RESORTS PROPS CORNERSTONE 14 COLORADO RE 1 RE OF THE SUMMIT 17

18 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 8424 Phone: (97) NORTH MAIN STREET P.O. Box 874 Breckenridge, CO 8424 Phone: (97)547-6 FRISCO - SILVERTHORNE 4 MAIN STREET P.O. Box 2314 Frisco, CO 8443 Phone: (97) DILLON - KEYSTONE KEYSTONE RESORT, RIVER RUN VILLAGE 14 Ida Belle Drive F-12 P.O. Box 38-K61 Keystone, CO 8435 Phone: (97)