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

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Eagle County Market Overview

Market Summary: The inventory of available residential properties has risen since our last report, but is still quite low. The number of listings that are currently under contract has also risen and most of these will go all the way to closing. The number of sales transactions is keeping pace with last year & 2016 and are well ahead of the annual sales numbers for years 2008 through 2015.

Sold Listings: 937 listed properties have sold since the beginning of the year. This is close to the number of transactions over the same time period in 2017. For all of 2017 we had 1376 residential real estate sales transactions, the highest number since 2007 when we had 1451 transactions - so we anticipate seeing 1350-1400 sales transactions by the end of the year. The sales-to-list-price ratio is maintaining 94% - consistent with last year and 2016, and better than 2013-15 which was at 93%. The average days-on-market is down slightly (again).

Active Listings: Of the 759 active listings 48 are new within the past 14 days (see New Listings) and 153 have been on the market for more than a year. The average days-on-market for these currently active listings is 231.

Pending Listings: There are another 285 listings currently "under contract" - about the same as our last report. The average time-on-market for these pending listings is 150 days, up from our last report.

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


The Vail-BeaverCreek Group
The Vail-BeaverCreek Group
Marla Hillerich, Broker Associate
Robert Wilhelm, Broker Associate
Karen Wilhelm, MBA MRE CRS GRI

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 253 225 78 526 1,117,385 1,177,508 95 125 5.0
SingleFam 316 265 108 529 1,348,008 1,441,574 94 120 6.0
Duplex 99 194 36 205 1,322,890 1,391,668 95 106 4.9
Townhome 91 172 43 189 803,807 835,781 96 65 4.7
Totals 759 231 265 1449 1,189,753 1,259,639 94 113 5.3
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 09/01/2017 through 09/19/2018

Popular Reports from The Vail-BeaverCreek Group
 
 

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 for "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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