Vail-BeaverCreek Real Estate Update
Karen Wilhelm, MBA, MRE, CRS, GRI
Berkshire Hathaway HomeServices Colorado Properties
Vail and Beaver Creek, Colorado
May 2018 Newsletter

www.Vail-BeaverCreek.com

The Vail-BeaverCreek Group
  
  The Vail-BeaverCreek Group Karen and Robert wilhelm welcome Marla Hillerich, Berkshire Hathaway HomeServices Colorado Properties, to our Vail-BeaverCreek Group. Marla, with 20+ years of full-time Vail Valley experience, is a tremendous asset for our team.

    Click to view Profile for Marla

    Pictured right is Marla, Robert and Karen
  

Eagle County Market Overview
  
 

Summary: The inventory of availably residential properties is quite low with 687 currently being offered. Another 222 are under contract and most of these will go all the way to closing. 468 have sold since the beginning of the year (this time last year there were 449 sales).

Sold Listings: 468 listed properties have sold since the beginning of the year. This is a 4% increase in transactions over the same time period in 2017. For all of 2017 we had 1376 residential 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 (again) this year. The sales-to-list-price ratio is trending down to 93% versus the 94% that it has been at for the past two years. And the average days-on-market is down slightly as would be expected in an active market.

Active Listings: Of the 687 active listings 78 are new within the past 14 days and 129 have been on the market for more than a year. The average days-on-market for these currently active listings is 243.

Pending Listings: There are another 222 listings currently "under contract". The average time-on-market for these pending listings is 116 days, down from our 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 228 232 67 540 1,127,665 1,193,673 94 122 4.5
Single Fam 276 263 97 534 1,294,466 1,400,843 92 131 5.2
Duplex 100 218 26 210 1,299,012 1,365,519 95 113 5.1
Townhome 83 239 32 206 771,037 802,189 96 55 4.2
Totals 687 243 222 1490 1,162,289 1,238,016 94 115 4.8

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 05/01/2017 through 05/24/2018

Popular Reports on our Website
 
 

MLS Database Search search through all current MLS listings
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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