Vail Valley | Year End 2019
No matter the season, Vail Valley is always a great place to be. The mountains that house the Vail Valley are either covered with wildflowers in the summer or veiled with sparkling snow in the winter, making this region an astounding sight to see at any time of the year. Many migrate to Eagle County, which includes the towns and neighborhoods of Vail Village, Beaver Creek, Avon, and Cordillera to name a few, for its attractive resort lifestyle and unbeatable scenery.
LIV Sotheby’s International Realty produces a Micro Market Report focusing on the real estate performance for Eagle County, which makes up the Vail Valley, for 2019 compared to 2018. Total sales volume for Eagle County grew by 4.4%, reaching $1,768,165,313 by the end of 2019. As a whole, attached homes (condominiums, townhouses, and duplexes) saw more sales (+8%) last year.
A handful of communities within Vail Valley experienced noteworthy upticks in the number of property sales closed in 2019. The most tremendous increase was seen in Edwards – Lake Creek. This community had a 450% boost in properties sold in 2019 when 11 homes were sold, compared to 2018 when only two homes were sold. Another dramatic increase of properties sold took place in Vail Golf Course and Spraddle Creek where the number of sales more than doubled, climbing by 120%. Other neighborhoods included in the Vail Valley such as Booth Creek, Potato Patch, Sandstone, Lionsridge, Buffehr Creek, and Highland Meadows also saw increased sales activity, with the number of sold homes growing by 43.4%.
Vail Valley is known for having a balance of rugged outdoors and elegant amenities including plenty of shopping, dining, and nightlife options to choose from. As one of the more luxurious mountain communities, Vail Valley is a natural choice for many homeowners looking to the best of both worlds in Colorado.
This Colorado Micro Market Report includes real estate data statistics for the following neighborhoods (single family, unless otherwise indicated): Arrowhead, Avon, Bachelor Gulch, Beaver Creek, Brush Creek, Cordillera, Cordillera Valley Club, Eagle, Eagle Ranch, Eagle-Vail, East Vail, Edwards – Lake Creek Valley, Edwards – Singletree, Edwards & Homestead, Gypsum, Lionshead, Minturn, Mountain Star, Vail Golf Course & Spraddle Creek, Vail Village, West Vail & Cascade, and Wildridge/Wildwood.