REAL ESTATE NEWS - EAGLE COUNTY
Opportunities for Buyers in a More Balanced Market
As new listings to the market begin to plateau, pending sales continue their rise with buyers (albeit a bit later in the season than historical norms) absorbing inventory at a steady pace throughout the valley.
Unit sales continue to lag last year (down 15%) while dollar volume is lower by 5%. These numbers should balance out as we end the year as inventory levels remain up about 50% compared to 2024 and pending sales are up approximately 11%. Summer activity was relatively quiet in June and early July but picked-up momentum through August and we anticipate strong activity before the winter season.
Positive news for homebuyers is that home price appreciation has slowed down from the run-up of a few years ago and there is anticipation of a rate cut this month which should lower interest rates for those financing to purchase. Overall, these factors should contribute to a more balanced market and create additional activity.
Although we still have a few formal weeks of summer remaining, we can’t wait for the 25/26 winter season to commence. Vail will open on November 14th, and Beaver Creek Resort is set to open November 26th! Enjoy the transition from summer to fall, it’s a spectacular time here in the valley and throughout the Rocky Mountain region!
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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