Real Estate News | Vail & Beaver Creek
Upside in Today’s Market
The local market is experiencing much of what the country is – activity from buyers, inventory levels rising, and pockets of strength and weakness in neighborhoods and price ranges.
As an example, Beaver Creek saw a wave of activity in January with homes listed at $22.9m, $15.445m, and $8.995m (just to name a few) all go under contract and other luxury and estate homes throughout the valley being listed and contracted for/sold in very short time periods. Luxury and resort properties shine this time of year and with the spring/summer season for the bedroom communities not far behind, expect well-priced homes mid and down valley to garner attention and multiple offers. Demand remains high and sellers who understand where the market price is today have had activity and success selling.
Overall, inventory levels are up almost double compared to this time in 2022. Pending sales are higher than a year ago. And while much of the activity has been in the resorts and luxury space, as mentioned, homes throughout the valley are seeing strong activity. It’s about a compelling pricing strategy for today’s market, positioning your home in its best possible light, a comprehensive marketing approach to showcase your home, a dedicated, proactive broker, and one of the world’s most respected brands, Berkshire Hathaway, to ensure the best possible outcome in today’s environment. Curious about the market, what your home is worth, or what the best buys are in the valley? Contact me today to discuss!
We are proud to announce that we moved from number 6 to number 4 in the 25th edition of the Fortune World’s Most Admired Companies annual ranking report. For the 16th consecutive year, Apple finishes first, based on a poll of some 3,700 corporate executives, directors, and analysts. Amazon and Microsoft tied for second with Berkshire Hathaway landing the number 4 spot. Financial companies earned recognition for navigating an inflation-addled economy: JPMorgan Chase (No. 5) reached its highest rank ever, while Morgan Stanley made its debut in our top 50. Elsewhere, Costco Wholesale (No. 7) rose above its industry’s supply-chain woes to notch its best-ever ranking, while Netflix fell from No. 9 to 29.
February Events
February 19th | 7 am
The annual Vail Mountain Winter Uphill Race returns as skiers, snowboarders and winter runners tackle 2,200 vertical feet of groomed trails to reach Eagle’s Nest at the top of the Eagle Bahn Gondola in Lionshead.
February 25th – 27th
Celebrate the Legacy of Vail with the 10th Mountain Parade, Black Hawk landing, the anniversary of Riva Ridge Ski down and more.
PLAN AHEAD
