REAL ESTATE NEWS | VAIL & BEAVER CREEK
Winter is Upon Us!
Eagle County’s real estate market continues to impress with average sale prices increasing – though units sales have lagged previous years due to ongoing elevated interest rates and inventory availability. On a macro level, real estate markets generally pause during presidential election year cycles and we are likely in the midst of that. The upside is that activity increases in the first quarter following an election and thus those who are in the market today may face less competition now versus waiting until the start of 2025. Overall, Eagle County may eclipse $3 billion dollars in sales this year, and while not a record, it is still a very strong year for those in the market.
Aside from real estate activity, we expect a great winter season with resorts opening throughout Colorado on an almost daily basis. As usual, snow arrived right around Halloween, and we have been receiving regular storms as we start the season in Vail and Beaver Creek. There are some fantastic events and a myriad of activities to enjoy (see below for just a sample of our favorites) in the coming months.
Wishing you a very Happy Thanksgiving and holiday season. I look forward to connecting with you in the near future.
Market data from the Vail MLS. All statistics are deemed reliable but not guaranteed and BHHS may not have participated in each reported sale. Please contact me for statistics in your specific neighborhood. I have some great reports I can share with you about your neighborhood or one that you are interested in.
LOCAL EVENTS
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