NOVEMBER REAL ESTATE NEWS | EAGLE COUNTY
A More Balanced Market
November is a time of transition in many ways. Although we have had a warmer and drier fall, we know the snow is coming, and with that, transitions from bikes, golf, and hiking to skis, snowboards, and snowshoes. It is also a transition time in our real estate market as we welcome guests to the resorts, and activity picks up during the holidays, while our local market takes a breather before the spring market shows more activity.
Compared to a year ago, available homes for sale are up approximately 37% - the highest at this time of year in 6 years! This is good news for home buyers as more options are available and represents a more balanced market than in years past. Current pending sales are about the same as last year, while closings are down 6% and dollar volume is up .5%.
Whether you will be in the valley for the holidays and the start of our winter season or plan to come later, wishing you a fun and memorable holiday season! If you have any questions about the market or specific area of interest, please reach out anytime! I’d love to connect with you!
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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