REAL ESTATE NEWS | VAIL & BEAVER CREEK

Happy Holidays!

November proved to be quieter after three consecutive months of the market outperforming 2022 numbers.

As expected, more resort properties are coming to market in expectation of a busy winter season while the local market slows during the holidays and early winter in anticipation of the spring season. That said, inventory levels for December are at their highest since 2020 and market activity continues to impress for homes in good condition and priced to the market.

Projections for 2024 are positive as many economists expect interest rates to slowly come down, making homeownership more accessible to those in the market to buy. Lower rates are also likely to free-up inventory as homeowners consider shifting out of their properties (and mortgages) into more desirable homes and/or locations.

Beyond the market, the early season snow has been great! The valley has transformed for the holidays and there is excitement in the air. It is a special time of year and I hope you are able to enjoy all the activities, events, and recreational opportunities our area has to offer.

Market data from the Vail MLS. All statistics are deemed reliable but not guaranteed and BHHS may not have participated in each reported sale. Please contact me for statistics in your specific neighborhood. I have some great reports I can share with you about your neighborhood or one that you are interested in.

December 7th | 6:00 PM – 9:00 PM

The Vail Valley Young Professionals are having their holiday event at the Grand View Room in Lionshead with a silent auction to benefit Habitat for Humanity Vail. From 6-9 on December 7th, 2023.
 

December 13th | 6:00 PM – 9:00 PM

Join the Vail Valley Business Women Holiday Event and Raffle at The Westin in Avon. Enjoy music by the Fabulous Femmes and raffle to benefit Youth Power 365. From 6-9 on December 13th, 2023.
 

December 10th – 23rd

Embrace this cherished tradition of meeting Santa Clause. Families and children will have the chance to embrace the spirit of Christmas for the holiday festivities!
 

December 17th | 5:00 PM – 6:00 PM

Celebrate the holiday season with the Vail Village Holiday Tree Lighting at the Children’s Fountain in Vail Village. Located on Gore Creek Drive in between Pepi’s and Lancelot.
 

December 16th | 3:00 PM – 6:00 PM

Riverwalk is receiving a special visit from Santa and his Reindeer from 3-6 on December 16th, 2023.
 

November 22nd Through End of Season

Every Thursday throughout the ski season head to Beaver Creek for the Thursday Night Lights ski down. Skiers that are level 4 or above are encouraged to register in the afternoon.
 

With its mesmerizing snowscapes, frosty mornings, and crackling fireplaces, winter can be enchanting. Architectural Digest recent published an article about the top winter wonderland destinations in the U.S. But where is the best winter wonderland in the country?

• Colorado’s Vail, Aspen, and Beaver Creek are the top winter wonderland destinations.
• Six of the top 10 destinations are in Colorado