Good Day My Friends,

Below you will find the last 3 months Market Anasylis from our dear friends at Land Title Guarantee.  I have included the highlights from May, if you wish to see the Marj & April highlights please let me know and I will be happy to send them to you.  As always I am here for you, please feel free to contact me, my cell phone number is 970/485-0151, office 970/453.0300, email mkhyland@colorado.net

Thank you for taking the time to vist my website and have a fabulous day.   

LandTitleGuaranteeCompanyMay2011MarketAnalysis.pdf

Landtitleguaranteecompanyjune2011marketanalysis.pdf

BreckJULY11.pdf

Notable Sales in July 2011:

-Highest Priced Sale in July 2011:

7/13/2011 $1,875,000 Last Chance Subd Lot 1, Block 1 aka 0095 Wild Irishman Road – 5 Brm 5 Bath YOC 1975, with 5,012 SF Living Area on .28 AC Land. PPSF is $374.10

-Highest Price PSF in July 2011:

7/22/2011 $560,000 Mountain Thunder Lodge Condo Unit 5210, Building 5 – 1 Brm 2 Bath YOC 2001, with 1,025 SF Living Area. PPSF is $546.34

July 2011 Highlights:

· Summit County Gross Real Estate Volume Graph: July was a slow month with gross volume ( only $35,555,500- ½ of June’s gross volume) but held steady with the number transactions. I was told that Summit County actually beat Pitkin County in gross volume in July! All of the Colorado mountain communities experienced a slower July with gross volume.

· Market Analysis by Area for July: July was the lowest month so far in 2011 with gross volume at $35,555,500 with 98 transactions. The Median Residential Price in all 19 areas falls at $350,000. The Average Residential PPSF in the county is at $275. Breckenridge , Frisco and Keystone were the most active areas in July.

Market Analysis by Area YTD: As of this July YTD (7 months), there have been 693 transactions with $350,565,600 monetary volume. As of 7 months- Top 4 areas, Breckenridge has had 196 transactions, $115,847,200 monetary volume, average residential price $608,198 with $415 average residential PPSF;Keystone has had 74 transactions, $32,530,900 monetary volume, average residential price $451,349 with $315 average residential PPSF; Frisco has had 62 transactions, $35,079,800 monetary volume, average residential price $421,535 with $278 average residential PPSF and Breckenridge Golf Course area has had 62 transactions, $45,436,200, average residential price $1,054,141 with $311 average residential PPSF.

· Market Snapshot: The Median Price for Single Family from 2010 to YTD 2011 is flat ( $602,500 2011 vs. $605,000-2010). The Median Price for Multi-Family from 2010 to YTD 2011 is still pretty flat at -2% ( $320,000-2011 vs.$327,500-2010) and the Median Residential Land price is still has a big decrease -44% ( $189,900-2011 vs.$340,000-2010). Keystone has the most notable median price increase from 2010.

· Market Analysis % Change: YTD 2011 Monetary Volume for transactions recorded is up 6% compared to YTD 2010. YTD 2011 transaction volume for all transactions recorded is up 15% compared to YTD 2010. Monetary Volume for July 2011 is down 8% compared to July 2010 and transactions for July 2011 are down 31% compared to July 2010.

· Residential Market Sales by Price Point: There were 83 Residential Improved Units sold in July with $33,017,700 gross volume. There was only one sale in July for over $1M. The majority of transactions were in the $200K to $300K price range. There were 26 Residential Single Family residences sold with an average price of $577,281, 57 Residential Multi- Family sold with an average price of $385,850 and 6 Residential Vacant Land sold with the average price of $336,625.

· Average Price History: YTD Single Family Residential Average Price had a decrease this month YTD at $765,425, Multi-Family Residential is down from June YTD 2011 at $385,850 and Vacant Land Residential continues to drop at $254,214.

· Historical Cost Breakdown: In YTD 2011- there were 552 Residential Improved Unit Transactions (Gross- $292,699,800) vs. 2010 YTD- 473 transactions (Gross- $284,083,200) and YTD 2009-408 transactions (Gross -$244,556,700).

· Top Lender Graph: - Cash sales were up to 42%. There were a total of 282 loans in July. 57 loans were related to sales, there were 140 REFI’s and 85 Deed of Trust were recorded for timeshare sales.

· Bank Sales: Bank sales were down in July with 6. The amount totals $1,699,700 in Gross Volume or $283,283 per unit. This accounts for 5% of the overall gross volume in sales and .6% in overall transactions. YTD, there have been 73 Bank Sales totaling $32,324,100 in Gross Volume or $442,796 per unit, this accounts for 9.2% of the gross volume sales and 10.5% of the total transactions.

· Foreclosure Info: July Foreclosure actions were up with 63 ( 25 Fee Simple and 30 Timeshares and 8 Unknown).