REAL ESTATE NEWS - EAGLE COUNTY
Listings Peak and Buyers Emerge
Available homes for sale in Eagle County likely peaked in late July, approaching numbers we have not seen since 2019 (over 700 listings). Buyers are slowly absorbing the inventory but taking a cautious approach and critiquing homes, their price, location, and condition. This is both healthy for the overall market and a good reminder to sellers that all factors, though price being paramount, will determine activity levels and the ultimate sales price.
The increased inventory levels (+50% from 2024) are giving rise to pending home sales (+12%) as more options have awakened home buyers who were waiting for new opportunities to become available. Our market remains specific as each area and neighborhood can vary significantly based on both local and macro drivers. If you would like to learn more about your specific area of interest, your home’s current value in today’s market, or just have a general conversation about the summer season and expectation for winter, please be in touch – I would be happy to discuss what’s important to you.
Until then, enjoy the balance of the summer. It’s an amazing time of year here in the valley and soon, we’ll look forward to the changing of the season, the brilliance of our valley, and on the horizon…ski and snowboard season!
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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After nearly a year of renewed planning efforts, the Vail Town Council is set to review changes to the Lionshead Redevelopment Master Plan. The 13-acre West Lionshead parcel is bordered by Interstate 70 to the north, Gore Creek to the south, and Lionshead Village to the east.
