Eagle County real estate continued to rise in 2015 with close to $2B in sales and over 2,000 transactions. This is an increase over 2014 of 10% in both categories. There was also an increase in almost every statistical category in 2015 over the previous year. Check out the year end synopsis below or go to these links for further detailed analysis.
December 2015 Market Analysis Archived Reports
Here is 2015 by the numbers:
$1,989,137,889 – Total real estate volume
2,061 – Total number of transactions (the most since 2007)
55% – Percent are buyers from Eagle County
550 – Number of out of state buyers
121 – Number of properties sold to buyers from Texas
$301,709,848 – Vail Village total dollar volume (the highest of all areas)
305 – Most transactions in any area (Eagle)
$4,800,000 – The highest median sales price of any area (Mountain Star; 5 sales)
$1,024,454 – Average sales price of a residential property
76% – Percent of properties sold under $1M
166 – Number of residential vacant lots sold
149 – Number of commercial sales
3% – Percent increase in both multi-family and single family price per square foot from 2014 to 2015
$15,750,000 – Highest priced home sold (Vail Village)
$3,572 – Highest price per square foot on a residential home sale (Vail Village)
121 – Number of new homes built
12% – Increase in total dollar volume over 2014
2008 – Year the last time Eagle County surpassed $2B in total dollar volume
$1 Billion – Total dollar volume below the highest of any given year (2007; $2,960,497,200)
47 – More commercial transactions in 2015 than 2014
16 – Number of Land Title employees in Eagle County to help you with your next real estate transaction