April 2016 Vail Valley Market Analysis
Eagle County real estate continues to get back on track and is looking good after a sluggish start to 2016.
April's sales volume of $125M is 10% higher than April of last year at $114M. This brings the year to date sales volume total to almost $460M, which is just 6% shy of year to date sales volume total in 2015.
Transactions have been strong in 2016 with 130 transactions in April, and 470 transactions year to date. This is just 1% off last year’s total number of year to date transactions which was 476.
April's 130 transactions average sales price was $969,023. Eagle and Gypsum had the vast majority of these transactions with 21 and 13 respectively. Also seeing strong transaction activity was East Vail with 9 transactions, and Arrowhead with 8 transactions.
Beaver Creek is the area with the highest sales volume in the county with more than $16M in sales volume over 7 transactions. Beaver Creek also had the highest priced sale for the month of April at $8.475M, equating to $1,097 per square foot. This is 1 of 5 sales over $4M in April.
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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.