Vail-BeaverCreek Real Estate Update
Karen Wilhelm, MBA, MRE, CRS, GRI
Berkshire Hathaway HomeServices Colorado Properties - - - Vail, Colorado
May 2016 Newsletter

www.Vail-BeaverCreek.com

Springtime in The Rockies !!!

The Vail Valley - World Class Golf, Biking, Hiking, more!
 
    Vail Valley Golf

    2015/2016 was another epic ski season in Vail and Beaver Creek, but Eagle County is also known as a golf destination. There are 16 fabulous golf courses here - some private, some resort and some public. Here is a link to a list of golf course areas and real estate being offered in these areas ... Eagle County Golf.

    Also do not miss some of this summers great happenings Vail Valley Calendar of Events

 
Eagle County Market Overview
  
 

The inventory of availably properties is quite low with 804 currently being offered. Another 249 are under contract and 365 have sold since the beginning of the year.

Sold Listings: 365 listed properties have sold since the beginning of the year. This is a 23% increase in transactions over the same time period in 2015. For all of 2015 we had 1260 real estate transactions, the highest number since 2007 when we had 1451 transactions - this current trend implies that this prior sales mark of 1451 will be challenged this year. The annual number of sales transactions has increased steadily ever since 2008. The sales-to-list-price ratio has inched up to 94% versus the 93% that it has been at since 2012. And the average days-on-market is down slightly as would be expected in an active market.

Active Listings In January we reported 857 active residential listings; today that number is down to 804. Of all these listings 69 are new within the past 14 days and 199 have been on the market for more than a year. The average days-on-market for these currently active listings (316) - down slightly from that reported in January.

Pending Listings:There are another 249 listings currently "under contract" - up 58% from what was reported in January (158). The average time-on-market for these pending listings is 162 days, down from last report.

You can review the Vail Board of Realtors MLS "active", "under contract" and "sold" statistics using our Supply and Demand Market Report - a current report for all of Eagle County is reproduced below. You can also produce this report by neighborhood within Eagle County on our website.

  

Supply and Demand Report for all of Eagle County (past 12 months)

  Active Listings Active DOM Pending Sales Sold Listings Avg Sold Price Avg List Price S:L% Sold DOM Months of Inventory
Condo 333 383 75 522 935,209 999,939 94 187 6.7
Single Fam 323 300 101 466 1,248,915 1,344,791 93 146 6.8
Duplex 87 220 33 162 1,181,274 1,241,240 95 125 5.4
Townhome 61 177 40 203 721,587 755,860 95 80 3.0
Totals 804 316 249 1353 1,040,667 1,110,984 94 149 6.0

Search Through All Current MLS Listings

Data is extracted from the Vail MLS and is deemed accurate, but is not guaranteed
Months of Inventory equals Active divided by Pending+Sold (x12)
Sold date range 05/01/2015 through 05/09/2016

Popular Reports on our Website
 
 

New Listings see what has come on the market over the last 14 days. Keep this link and it will be updated daily.
Other Reports - lists and statistics for your review.

  
Customized Reports for you
 
 

Let us know if you are interested in receiving Automatic Notification directly from our MLS of "new listings", "price changes" and/or "sales" in Vail Valley areas or condominium complexes that interest you.

  
Browse All Current Vail Valley Listings
 
 

Advanced MLS Search using your criteria
Vail Village . Lionshead . Cascade Village . Vail Golf Course . Spraddle Creek
East Vail . Booth Creek . Potato Patch . Sandstone . Valley Ridge . West Vail . All of Vail
Beaver Creek . Bachelor Gulch . Arrowhead
Eagle-Vail . Avon . Wildridge . Mountain Star
Singletree . Edwards . Homestead . Lake Creek
Cordillera . Red Sky Ranch
Eagle . Eagle Ranch . Cotton Ranch . Gypsum
- - - - - -
New Listings . Gated Communities
Ski Area Listings . Golf Course Area Listings
Luxury Residences . Luxury Condominiums
Timeshare and Fractionals Vail . Beaver Creek . Bachelor Gulch

  
 
Links to Useful Area Information
 
  • Vilar Center for the Performing Arts
  • Bravo! Vail Music Festival, Ford Ampitheatre
  • Vail Internation Dance Festival, Ford Ampitheatre
  • Vail Symposium
  • Vail Snow Report . Beaver Creek Snow Report
  • Adventure Ridge, Vail Mountain
  • Airline and Ground Transportation
  • Colorado Road Report - CDOT also has an APP for your smart phone.
  • Winter Activities
  • Summer Activities
  • Golf Courses
  • Restaurants
  • Town of Vail Website
  • Town of Avon
  • Eagle County Government
  • Colorado Government
  •   
     
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    www.Vail-BeaverCreek.com