Year End 2016 - Market Analysis
Eagle County real estate sales hit close to $2 Billion in 2016, with $1,957,961,903 in total sales over 2,048 transactions; 98% of 2015 sales and 99% of 2015 transactions.
Here's a quick glance at 2016 by the numbers:
Eagle was the area with the highest number of transactions: 308
Percentage of properties selling over $5M compared to last year: -35%
Percentage of properties selling at or below $1M: 74%
Total dollar volume for commercial sales: $267,720,225
Highest residential sale: $17,500,000
Highest priced overall sale in Eagle County: $121,000,000
Average price of a residential property in Eagle County: $970,184
Vail Village had highest average price per sq.ft. for single family home: $1,786
Highest price per square foot of a single property (Willows): $2,817
Percent of local buyers: 56%
Buyers from Texas (the most of any state): 116
Total number of new residential sales: 157
Number of Land Title offices statewide: 54
Number of Eagle County Land Title offices: 3
Number of Land Title employees serving Eagle County: 18
Years of combined experience from Eagle County Land Title employees: 190+
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2016 Market Analysis
The information being provided by the Vail Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for anypurpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.