July 2018 - Market Analysis
Eagle County real estate remained steady in July with $186M in total dollar volume and 179 transactions; both numbers are higher than July last year, $154M and 171 respectively. This brings both year to date totals slightly higher than 2017.
Vail Village had a high dollar volume month accounting for nearly 30% of the county’s total in July with $55,035,000, and twice that of any other area. Two of the main contributing factors was a $23,000,000 sale in Vail Village - the highest sale in July - and a $13,950,000 sale in Vail Village, which was the highest PPSF for July at $2,808. This brings the yearly dollar volume total for Vail Village to $171M, only second to Beaver Creek with $192M in total sales.
There have been 1,179 real estate transactions through July: 316 of these transactions were sold to residents outside of Colorado. Texas residents have the most purchases this year with 68; followed by Florida with 37; and California and Illinois, both with 27 sales.
Area Spotlight: Avon
Avon has seen positive growth since last year in terms of dollar volume and transactions. Total dollar volume is up 33% over last year with year to date at $61M. Transactions are up 16% with 102 year to date in 2018. The average price for multi-family homes in Avon has also gone up 16% since last year - $536,380 compared to $461,192 - and averages are at $507 per square foot.
Click the link below to access this months complete Market Analysis.
July 2018 Market Analysis
For archives of past referral marketing mailers and information to help you with your marketing, be sure to check out LandTitleMarketingSolutions.com.