2012 Annual Real Estate Market Report for Grand County, CO

REAL ESTATEOF WINTER PARK

LOCALLY OWNE D LOCAL LY INVESTED

THEREAL ESTATE OF WINTER PARK

REPORT

[201

2 A

nn

ual

Mar

ket

Rev

iew

]

Happy 2013 from 9200 ft above sea level

Its that time of year when we push forward with our busy schedules and look to new projects sales goals and eternal happiness However it is very important in our industry to reflect on the past year and review trends numbers successes numbers failures highlights numbers and more numbers We do this at REWP because we LOVE numbers and we canrsquot stand surprises We want to be prepared with how our market and our investments (and yours) will respond to global economics national interest rates local weather and personal desires

For the fourth year in a rowwe are providing you with the same info we look at on a regular basis While this may be dulz-ville for some of you we hope that you like our pretty pictures For those of you that like numbers like we do enjoy

As always we are here to help and work for you and your investments no matter how big or small 7 days a week 365 days a year with 100 commitment

Warm RegardsThe Team at Real Estate of Winter Park



ldquoAnd now let us believe in a long year that is given to us new untouched full of things that have never beenrdquo- Rainer Maria Rilke

9707262600 bull wwwREWinterParkcom

Building Permits

Pulled

2

GRAND LAKEPopulation 448Elevation 8437 ftEstablished 1881Zipcode 80447

Grand Lake is the largest and deepest natural lake inColorado

GRANBYPopulation 1663Elevation 7935 ftZipcode 80446Average Annual Snowfall 128 in

TABERNASHPopulation 417Elevation 8326 ftZipcode 80478Named after a UteIndian

WINTER PARKPopulation 999 Elevation 9040 ftZipcode 80482Avg Annual Snowfall 227 inWinter Park began as two small settlements - Old Town amp Hideaway Park

WINTER PARK RESORTFormally Opens in 1940Avg Annual Snowfall 365 inSkiable Acres 3060Base Elevation 9000 ftSummit Elevation 12060 ft

KREMMLINGPopulation 1578Elevation 7313 ftZipcode 80459The Blue River and Muddy Creek join the headwaters of the CO River

HOT SULPHUR SPRINGSPopulation 521 Elevation 7680 ftZipcode 80451Home to the County Seat

Population 14548 (2011)2007-2011 Homeownership Rate 755Average persons per household 276Median Age 369

County Land Area 1846 square milesCounty Water Area 23 square milesPublically owned land +- 75Grand County Established 1874

G R A N D C O U N T Y

FRASERPopulation 1199Elevation 8574 ftZipcode 80442Avg Annual Snowfall 231 inAvg Sunny Days Annually 250

0

24

48

72

96

120

2011 2012

61

45

117

6 116

Winter Park Fraser Granby

Average Sales PriceAverage Days on MarketNumber of SalesActive Listings

3Go to wwwREWinterParkcomStats2012-Market-Report-Details for detailed statistics Source of all data contained in this report is the Grand County Board of Realtors Multiple Listing Service Information is deemed reliable but not guaranteed Consult your Real Estate of Winter Park Broker for more information



Go to wwwREWinterParkcomStats2012-Market-Report-Details for detailed statistics Source of all data contained in this report is the Grand County Board of Realtors Multiple Listing Service Information is deemed reliable but not guaranteed Consult your Real Estate of Winter Park Broker for more information



4


Brought to you byThe Proud Locals at

Real Estate of Winter Park

REASONS

10 Drive time to Denver from Winter Park is just over an hour

9 We have 2 Alpine Ski resorts 3 Nordic centers with every type of terrain steeps bumps parks corduroy trees

8 We are the Mountain Bike Capital of Colorado for a reason

Rocky Mountain National Park (Enough Said)7

6 World Class Fly Fishing on the Colorado

5 Golf balls travel farther at 9000 ft above sea level

Free music and festivals year round4

23 square miles of Recreational Water3

More Wildlife than the Denver Zoo2 We are SOOOOO not like Summit Vail or Aspenand wersquore not trying to be1


6





7





8


9









10



11

Happy Birthday to us5 Years Strong

For last yearrsquos words belong to last yearrsquos language And next yearrsquos words await another voiceAnd to make an end is to make a beginning - TS Eliot



WINTER PARK FRASER AND TABERNASH2012 Single-Family Duplex Townhome Closings by Price Point

Does not include quarter share sales

Go to wwwREWinterParkcomStats2012-Market-Report-Details for detailed statistics

22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10

Number of Closings Sales Volume

WINTER PARK FRASER AND TABERNASH2012 Condo Closings by Price PointDoes not include quarter share sales

Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +


New Listings - A measure of how much new supply is coming onto the market from sellers PendingUnder Contract - A count of all the listings that went Under Contract during the reported period Sold Listings - A measure of home sales that were closed during the report period Average Sales Price - A sum of all home sales prices divided by total number of sales Days on Market - A measure of how long it takes homes to sell Active Listings - A measure of the number of homes available for sale at a given time The availability of homesfor sale has a big effect on supply-demand dynamics and home prices Months of Inventory or Absorption Rate- A measure of how balanced the market is between buyers and sellers It is expressed as the number of months it would hypothetically take to sell through all the available homes for sale given current levels of home sales A balanced market ranges from 20 to 30 months of supply A buyerrsquos market has a higher number reflecting fewer buyers relative to homes for sale A sellerrsquos market has a lower number reflecting more buyers relative to homes for sale

20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)

Jan 11 Mar 11 May 11 Jul 11 Sep 11 Nov 11 Jan 12 Mar 12 May 12 Jul 12 Sep 12 Nov 11

of

Lis

tings

(lin

es)

Feb 11 Apr 11J un 11 Aug 11 Oct 11 Dec 11 Feb 12 Apr 12J un 12 Aug 12 Oct 12 Dec 12

1900

200

400

600

800

1000

1200

1400

1600

1800

Active Listings New Listings Sold Listings Months of Inventory

Listings and Absorption RatesGRAND COUNTY CO

Mountain Region Statistics from the Colorado Assocation of Realtors (CAR)

Information is deemed reliable but not guaranteed from the Colorado Assocation of Realtors Q4-2012 Mountain Region statistics report The Mountain Region may include Aspen Glenwood Springs Grand County Gunnision County Steamboat Springs Summit Telluride and Vail Board of

Realtors or Multiple Listing Services For the full CAR Q4-2012 Moutain Region report go to httpcoloradorealtorscomapplications10K20Research2012Q4Mountainpdf




Real Estate of Winter Park 2012 copy 9707262600 wwwREWinterParkcom

Over $83 Million in Sales in 2012

2012 Stats According to the Grand County Board of Realtors MLS Statistics January 2012


THE REAL ESTATE OF WINTER PARK REAL ESTATE UPDATE hosts all of our listed properties Stop by our office or look around town for a copy to start your property search

THE ORIGINAL MAP BOOK OF GRAND COUNTY was designed for our clients and friends to easily find their way around Grand County Included are detailedmaps of Winter Park Fraser TabernashGranby Grand Lake amp Hot Sulphur Springs Stop by our office for a copy or e-mail us at inforewinterparkcom

THE REAL ESTATE OF WINTER PARKE-NEWSLETTER Subscribe to our newsletter to stay up to date on market trends and local information

wwwREWinterParkcomresourcesenewsletter

9707262600 bull wwwREWinterParkcom bull ONE website ALL Grand County Properties

Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land

Pages 13 Developments

Page 14 Commercial

Page 16 Fine Homes


Winter 2012REAL ESTATE UPDATE

and representing the Best in Real Estate



Try out some of our tools to make your property search as smooth as possible

wwwRealtyWinterParkcomon your favorite mobile device to search available properties in Grand County

Locally Owned Locally Invested

Janene has been a Realtor since 1994 e Grand County Board of Realtors past president 2007 Grand County Realtor of the Year and a charter member of the Winter Park-Fraser Valley Rotary Club In October 2011 she received the prestigious William Reid Bill Good Memorial Award from the Colorado Association of Realtors honoring her work as an Advocate of Colorado Water and Private Property Rights rough Political and Legislative Involvement She is a member of e Colorado Association of Realtors Legislative Policy Committee acting as Subcommittee Chair for two years running Currently she is the Mountain District Vice President for the Colorado Association of Realtors

We want to welcome Janene Johnson as a new BrokerOwner at REWP We are very excited to add a Realtor of her caliber to our team Next time you see Janene around Winter Park please say hello and congratulations

From left to right Mike Periolat Erin Jeziorski Amanda Solomon Sylvia Hensley Peter Gach Shanna Lalley Lisa Waldorf Sue Seemann Jean Wolter Cliff AndersonJodie Duncan Jennifer Hughes Katie Riemenschnieder Margaret Sonnek Julie White Regis Dahl Not Pictured Peggy Smith Brad Smith Sarah Ryan amp Janene Johnson

We Value Experience

Happy 2013 from 9200 ft above sea level

Its that time of year when we push forward with our busy schedules and look to new projects sales goals and eternal happiness However it is very important in our industry to reflect on the past year and review trends numbers successes numbers failures highlights numbers and more numbers We do this at REWP because we LOVE numbers and we canrsquot stand surprises We want to be prepared with how our market and our investments (and yours) will respond to global economics national interest rates local weather and personal desires

For the fourth year in a rowwe are providing you with the same info we look at on a regular basis While this may be dulz-ville for some of you we hope that you like our pretty pictures For those of you that like numbers like we do enjoy

As always we are here to help and work for you and your investments no matter how big or small 7 days a week 365 days a year with 100 commitment

Warm RegardsThe Team at Real Estate of Winter Park



ldquoAnd now let us believe in a long year that is given to us new untouched full of things that have never beenrdquo- Rainer Maria Rilke

9707262600 bull wwwREWinterParkcom

Building Permits

Pulled

2













0

24

48

72

96

120

2011 2012

61

45

117

6 116









4




REASONS











6





7





8


9









10



11








22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10



Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +



20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience

Building Permits

Pulled

2













0

24

48

72

96

120

2011 2012

61

45

117

6 116









4




REASONS











6





7





8


9









10



11








22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10



Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +



20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience








4




REASONS











6





7





8


9









10



11








22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10



Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +



20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience




4




REASONS











6





7





8


9









10



11








22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10



Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +



20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience



REASONS











6





7





8


9









10



11








22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10



Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +



20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience


6





7





8


9









10



11








22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10



Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +



20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience




7





8


9









10



11








22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10



Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +



20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience




8


9









10



11








22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10



Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +



20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience

9









10



11








22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10



Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +



20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience





10



11








22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10



Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +



20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience



11








22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10



Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +



20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience




22

26

21

18

5

4

Less than 13

5 7

1310

4

4Less than 1

13

4

10



Under $299999$300 - $399999$400 - $499999

$500 - $599999$600 - $699999$700 - $799999

$800 - $899999$900 - $999999$1M +

6

17

6

14

11

2

7

4 4

20

10

Less than 1

21

15

3

7

31 1

17

8

23

Under $99999$100 - $149999$150 - $199999

$200 - $249999$250 - $299999$300 - $349999

$350 - $399999$400 - $449999$450 - $499999

$500 - $549999$550 - $599999$600 +



20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience


20

30

40

50

60

Inve

ntor

y at

Rat

e of

Sal

es (c

olum

ns)


of

Lis

tings

(lin

es)


1900

200

400

600

800

1000

1200

1400

1600

1800


















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience
















Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience













Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience










Pages 2 - 4 Homes

Page 4-5 Townhomes

Pages 5-6 Duplexes

Pages 6 - 9 Condos

Page 9 - 12 Land


Page 14 Commercial

Page 16 Fine Homes












We Value Experience




We Value Experience

Documents

2012 Annual Real Estate Market Report for Grand County, CO