MICROMARKET REPORT EVERGREEN

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quarter 3 2012 www.coloradomicroreports.com

EVERGREEN NEIGHBORHOODS 12 11 15 16 13 7 17 18 9 10 1 8 19 4 2 14 6 5 3 1. Bear Mountain 2. Brook Forest 3. Conifer Mountain 4. Evergreen Highlands 5. Evergreen Meadows 6. Evergreen Meadows West 7. Genesee 8. Hangen Ranch 9. Hiwan Country Club 10. Hiwan Hills 11. Lookout Mountain 12. Mt. Vernon Country Club 13. Ridge at Hiwan 14. Shadow Mountain 15. Soda Creek 16. Spring Ranch 17. Tanoa 18. Upper Bear Creek 19. Valley Estates Evergreen Overview Evergreen property sales increase, some more than double in key areas since 2011. No significant drops in number of days on market when compared to its denver metro counterparts. The greater Evergreen real estate market continues to see strong numbers in buyer activity. Although Evergreen isn t seeing drastic drops in number of days on market, property sales have risen in most areas. Genesee is up by 30% compared to 2011, while Evergreen Meadows, Shadow Mountain, and Soda Creek have more than doubled their property sales since 2011.

Bear Mountain North of N Turkey Creek Rd, South of Myers Gulch Rd.;West of 285, East of 73. Median Price $518,065 $506,000-2.33% Average Price $541,771 $637,360 17.64% Average Price per Square Foot $198 $193-2.53% Average Days on Market 129 191 48.06% Highest Price $789,000 $1,400,000 77.44% Lowest Price $330,000 $315,000-4.55% Properties Sold 6 10 66.67% % Sold Price to Original List Price 91.93% 82.54% -10.21% Brook Forest North of 78, South of Bluebell Circle; West of 78, East of Buffalo Park Rd., Median Price $219,800 $295,000 34.21% Average Price $241,138 $356,830 47.98% Average Price per Square Foot $142 $169 19.01% Average Days on Market 111 107-3.60% Highest Price $398,195 $789,900 98.37% Lowest Price $84,525 $172,500 104.08% Properties Sold 11 21 90.91% % Sold Price to Original List Price 88.92% 93.11% 4.71% Conifer MountaIN North of S. Pauls Dr., South of Shadow Mountain Dr.; West of Barney Brook Dr., East of Jeep Trail. Median Price $240,000 $320,000 33.33% Average Price $267,645 $393,976 47.20% Average Price per Square Foot $149 $165 10.74% Average Days on Market 183 195 6.56% Highest Price $461,300 $890,000 92.93% Lowest Price $146,005 $136,500-6.51% Properties Sold 9 15 66.67% % Sold Price to Original List Price 83.33% 91.29% 9.55% Evergreen Highlands N. of N. turkey Creek Rd., S. of Denver Mountain Park; W. of S. Long Peak Drive, E. of S. Little Club Creek Rd. Median Price $322,500 $335,000 3.88% Average Price $319,500 $357,394 11.86% Average Price per Square Foot $151 $163 7.95% Average Days on Market 199 214 7.54% Highest Price $430,000 $650,550 51.29% Lowest Price $224,000 $130,000-41.96% Properties Sold 8 9 12.50% % Sold Price to Original List Price 86.71% 91.43% 5.44%

Evergreen Meadows North of Fallen Rock Rd., South of N. Turkey Creek Rd.; West of Denver Mountain Park, East of S. Blue Creek Rd. Median Price $394,000 $406,000 3.05% Average Price $407,675 $546,495 34.05% Average Price per Square Foot $151 $167 10.60% Average Days on Market 141 125-11.35% Highest Price $669,000 $3,500,000 423.17% Lowest Price $194,500 $283,000 45.50% Properties Sold 8 23 187.50% % Sold Price to Original List Price 92.42% 90.16% -2.45% Evergreen Meadows West North of 285, South of 78; West of Denver Mountain Park, East of Jeep Trail. Median Price $355,000 $287,500-19.01% Average Price $348,056 $294,563-15.37% Average Price per Square Foot $136 $133-2.21% Average Days on Market 101 173 71.29% Highest Price $530,000 $370,000-30.19% Lowest Price $153,000 $210,000 37.25% Properties Sold 9 8-11.11% % Sold Price to Original List Price 85.89% 84.56% -1.55% Evergreen Valley Estates Median Price $320,000 $404,460 26.39% Average Price $317,142 $423,832 33.64% Average Price per Square Foot $157 $193 22.93% Average Days on Market 112 44-60.71% Highest Price $420,000 $584,000 39.05% Lowest Price $195,000 $208,000 6.67% Properties Sold 7 10 42.86% % Sold Price to Original List Price 91.46% 97.26% 6.34% GenesEE North of Bear Creek Rd, South of I-70; West of South Linger Dr, East of Spring Ranch Drive Median Price $521,125 $509,000-2.33% Average Price $555,932 $557,216 0.23% Average Price per Square Foot $222 $235 5.86% Average Days on Market 115 125 8.70% Highest Price $950,000 $1,625,000 71.05% Lowest Price $282,000 $282,000 0.00% Properties Sold 30 39 30.00% % Sold Price to Original List Price 94.36% 94.76% 0.42%

Hangen RaNCH Median Price $400,000 $825,000 106.25% Average Price $352,666 $825,000 133.93% Average Price per Square Foot $190 $167-12.11% Average Days on Market 160 136-15.00% Highest Price $492,000 $915,000 85.98% Lowest Price $166,000 $735,000 342.77% Properties Sold 3 2-33.33% % Sold Price to Original List Price 84.95 88.00% -98.96% Hiwan Country CluB Median Price $452,500 $530,000 17.13% Average Price $537,594 $560,815 4.32% Average Price per Square Foot $194 $195 0.52% Average Days on Market 144 118-18.06% Highest Price $970,000 $1,500,000-35.33% Lowest Price $362,500 $197,500 83.54% Properties Sold 26 35 34.62% % Sold Price to Original List Price 86.81% 92.49% 6.54% Hiwan Hills Median Price $365,000 $327,500-10.27% Average Price $359,950 $451,560 25.45% Average Price per Square Foot $174 $193 10.92% Average Days on Market 74 92 24.32% Highest Price $500,000 $1,350,000 170.00% Lowest Price $151,500 $190,000 25.41% Properties Sold 15 18 20.00% % Sold Price to Original List Price 89.46% 91.97% 2.81% Lookout MountaIN Norht of I-70, South of Clear Creek; West of Apex Open Space, East of Spruce Road. Median Price $437,500 $500,000 14.29% Average Price $427,806 $545,360 27.48% Average Price per Square Foot $211 $220 4.27% Average Days on Market 196 153-21.94% Highest Price $950,000 $1,300,000 36.84% Lowest Price $23,500 $275,000 1070.21% Properties Sold 18 26 44.44% % Sold Price to Original List Price 92.09% 91.94% -0.16%

Mt. Vernon Country CluB Median Price $565,680 0-100.00% Average Price $565,680 0-100.00% Average Price per Square Foot $227 0-100.00% Average Days on Market 5 0-100.00% Highest Price $635,000 0-100.00% Lowest Price $496,360 0-100.00% Properties Sold 2 0-100.00% % Sold Price to Original List Price 96.29% 0-100.00% Ridge at HiwaN Median Price $748,500 $645,000-13.83% Average Price $741,939 $668,303-9.92% Average Price per Square Foot $220 $199-9.55% Average Days on Market 160 171 6.88% Highest Price $1,220,000 $1,420,000 16.39% Lowest Price $422,800 $412,500-2.44% Properties Sold 12 23 91.67% % Sold Price to Original List Price 91.91% 93.11% 1.31% Riva Chase North of Shingle Creek Rd., South of I-70; West of S. Grapevine Rd., East of Genesee Ridge Rd. Median Price $564,000 $620,000 9.93% Average Price $602,300 $708,714 17.67% Average Price per Square Foot $223 $228 2.24% Average Days on Market 221 232 4.98% Highest Price $832,000 $1,275,000 53.25% Lowest Price $430,000 $510,000 18.60% Properties Sold 8 7-12.50% % Sold Price to Original List Price 91.26% 89.83% -1.57% Shadow MountaIN Median Price $231,450 $263,950 14.04% Average Price $240,566 $265,670 10.44% Average Price per Square Foot $125 $138 10.40% Average Days on Market 128 95-25.78% Highest Price $355,000 $390,000 9.86% Lowest Price $118,000 $152,000 28.81% Properties Sold 6 14 133.33% % Sold Price to Original List Price 76.13% 93.49% 22.80%

Soda Creek Median Price $739,500 $895,000 21.03% Average Price $786,357 $946,760 20.40% Average Price per Square Foot $216 $224 3.70% Average Days on Market 278 225-19.06% Highest Price $1,395,000 $2,575,000 84.59% Lowest Price $430,000 $99,900-76.77% Properties Sold 7 15 114.29% % Sold Price to Original List Price 81.54% 75.11% -7.89% Spring RaNCH Median Price $900,000 $825,000-8.33% Average Price $900,000 $914,868 1.65% Average Price per Square Foot $248 $223-10.08% Average Days on Market 531 144-72.88% Highest Price $900,000 $1,269,605 41.07% Lowest Price $900,000 $650,000-27.78% Properties Sold 1 3 200.00% % Sold Price to Original List Price 54.55% 89.69% 64.42% Tanoa Median Price $920,500 $537,500-41.61% Average Price $920,500 $613,750-33.32% Average Price per Square Foot $269 $217-19.33% Average Days on Market 376 144-61.70% Highest Price $1,001,000 $900,000-10.09% Lowest Price $840,000 $480,000-42.86% Properties Sold 2 4 100.00% % Sold Price to Original List Price 84.84% 87.37% 2.98% Upper Bear Creek Median Price $449,750 $255,500-43.19% Average Price $449,750 $255,500-43.19% Average Price per Square Foot $193 $155-19.69% Average Days on Market 479 326-31.94% Highest Price $750,000 $255,500-65.93% Lowest Price $149,500 $255,500 70.90% Properties Sold 2 1-50.00% % Sold Price to Original List Price 80.75% 94.66% 17.23%

Local Colorado Real Estate Experts Denver Tech Center 8400 E. Crescent Parkway, Suite 300 Greenwood Village, CO 80111 303.893.3200 vail valley 26 Avondale Lane, #119 Beaver Creek, CO 81620 970.748.5100 Evergreen 32156 Castle Court, Suite 201 Evergreen, CO 80439 303.674.3200 Castle Pines Village 858 Happy Canyon Road, Suite 100 Castle Rock, CO 80108 303.660.8800 Cherry Creek 3033 E. 1st Avenue, Suite 500 Denver, CO 80206 303.893.3200 denver downtown 1512 Larimer Street,#46R Denver, CO, 80202 303.893.3200 Boulder 1050 Walnut Street Boulder, CO, 80302 303.443.6161 Cherry Creek shopping center 3000 East 1st Avenue Denver, CO 80206 303.893.3200