Vail Valley Real Estate Update/ December 2022 |
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Eagle County real estate reached $3B in total dollar volume for the third time ever and for the third straight year. October had $277M in sales, which was 45% lower than last October, bringing the year-to-date total to $3,074,254,724. This is 10% lower than the record setting year in 2021 when the year-end total dollar volume reached more than $4B. |
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October saw the same number of real estate sales surpassing $5M as there were sales under $500,000: eight. This brings the year-to-date total to 83 and 89, respectively. Vail had the highest sale in October at $15.85M at the Chalets at The Lodge at Vail, which equates to $3,373 per square foot. |
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There were 146 real estate transactions in October, bringing the year’s total to 1,711. This is 27% lower than year-to-date 2021. The result is an average sales price of $1.8M and a median price of $975,000. While the year-to-date numbers are less than 2021, the average and median prices are at all-time highs. You can see these historical averages in the graph below. These numbers are brought to us by our friends at Land Title Company. |
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If you or anyone you know needs real estate services in the Vail valley, please call. For a FREE MARKET ANALYSIS or to set up a time for a listing presentation, CALL, Jon Lindner at 970-331-6111.
Eagle Vail Condominium for Sale |
