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Third Quarter 2014 - Market Recap

The Town of Vail had an active 3rd quarter with over $120M in residential sales, an increase of more than 40% compared to the same time period last year.  Transaction volume was relatively constant, while prices have trended upwards especially for new or remodeled homes in prime locations.  The top sale of the quarter was a luxurious single family home with direct ski-in/ ski-out access to Vail Mountain that sold for $18.5M.  We hope to see an equally strong 4th quarter heading into the 2014/2015 ski season especially with the 2015 World Alpine Ski Championships being hosted at Vail and Beaver Creek for the 4th time in February, an event which will bring worldwide attention to the Vail area.

 
Ascent Sotheby’s Realty is proud to have accounted for over $129M in total residential sales (list and sell sides) year to date in 2014*.  With only 10 producing agents, Ascent Sotheby’s is the leading boutique real estate firm in the Vail Valley. 

  

*Statistics are based on residential Vail Board of Realtors MLS data for Eagle County for the period of 7/1/13-9/30/13 and 7/1/14-9/30/14.  

Trends for Eagle County and the Town of Vail by Year

Eagle County Residential Sales by YearTown of Vail Residential Sales by Year  

East Vail - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 26 (▲30%*)
- Condos/Townhomes Sold: 20 (▲5%*)
- Duplex/Single Family Homes Sold: 6 (▲500%*)
Total Dollar Volume of Sales: $18,663,741 (▲89%*)

Average Sales Price Condos/Townhomes: $403,760 (▼8%*)
Average Sales Price Per Square Foot Condos/Townhomes: $400 (5%*)
Range of Price Per Square Foot Condos/Townhomes: $263 - $521 PSF
Average Days on Market Condos/Townhomes: 79 (▼42%*)

Average Sales Price Duplex/Single Family: $1,764,757 (▲16*)
Average Sales Price Per Square Foot Duplex/Single Family: $488 (▲7%*)
Range of Price Per Square Foot Duplex/Single Family: $384 - $604 PSF
Average Days on Market Duplex/Single Family: 338 (▲814%*)

Active Properties on Market at the Beginning of the Timeframe: 57
Active Properties on Market at the End of the Timeframe: 34
*Compared to the same time period in 2013

East Vail saw a big jump in total dollar volume in the 3rd quarter relative to the same time period last year.  This jump was primarily due to a spike in single family and duplex sales, which pushed total dollar volume up over $18M for the quarter.  The top sale was a new construction single family home at the end of Main Gore Drive, which sold for $3.85M.  This is the top sale in East Vail since 2009.

See all active East Vail Properties »


Town of Vail Real Estate (East Vail to West Vail) - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 79 (5%*)
- Condos/Townhomes Sold: 61 (5%*)
- Duplex/Single Family Homes Sold: 18 (▲64%*)
Total Dollar Volume of Sales: $123,296,541 (▲41%*)

Average Sales Price Condos/Townhomes: $1,189,910 (18%*)
Average Sales Price Per Square Foot Condos/Townhomes: $722 (▲11%*)
Range of Price Per Square Foot Condos/Townhomes: $234 - $1,893 PSF
Average Days on Market Condos/Townhomes: 335 (▲32%*)

Average Sales Price Duplex/Single Family: $2,817,336 (▲36%*)
Average Sales Price Per Square Foot Duplex/Single Family: $740 (▲6%*)
Range of Price Per Square Foot Duplex/Single Family: $253 - $2,819 PSF
Average Days on Market Duplex/Single Family: 231 (▲12%*)

Active Properties on Market at the Beginning of the Timeframe: 302
Active Properties on Market at the End of the Timeframe: 251
*Compared to the same time period in 2013

The Town of Vail posted strong sales in the 3rd quarter relative to the same time period last year with over $120M in total dollar volume.  The market has continued to improve within the Town of Vail over the past year and prices have trended upwards especially for new or remodeled properties in prime locations.  The top sale of the quarter was a single family with rare, direct ski-in, ski-out access to Vail Mountain that sold for $18.5M.

See all active Vail Properties »


Vail Village Real Estate - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 12 (▼8%*)
- Condos/Townhomes Sold: 10 (▼17%*)
- Duplex/Single Family Homes Sold: 2 (▲100%*)
Total Dollar Volume of Sales: $59,551,300 (87%*)

Average Sales Price Condos/Townhomes: $3,715,130 (▲61%*)
Average Sales Price Per Square Foot Condos/Townhomes: $1,484 (▲10%*)
Range of Price Per Square Foot Condos/Townhomes: $727 - 2255 
Average Days on Market Condos/Townhomes: 625 (▲22%*)

Average Sales Price Duplex/Single Family: $11,200,000 (170*)
Average Price Per Square Foot Duplex/Single Family: $2,223 (▲27%*)
Range of Price Per Square Foot Duplex/Single Family: $1,626 - $2,819 PSF
Average Days on Market Duplex/Single Family: 383 (▲6283%*)

Active Properties on Market at the Beginning of the Timeframe: 93
Active Properties on Market at the End of the Timeframe: 80
*Compared to the same time period in 2013

Vail Village saw an 87% increase in total dollar volume of sales in the 3rd quarter relative to the same time period last year.  This increase is primarily attributed to 3 high-end sales over $6M, two of which were condos and one single family.  The top sale in the quarter was the single family home with direct ski-in, ski-out access to Vail Mountain that sold for $18.5M.

See all active Vail Village Properties »


Lionshead Village Real Estate - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 11 (▲38%*)
- Condos/Townhomes Sold: 11 (▲57%*)
- Duplex/Single Family Homes Sold: 0 (▼100%*)
Total Dollar Volume of Sales: $17,168,000 (▼4%*)

Average Sales Price Condos/Townhomes: $1,560,727 (▼7%*)
Average Sales Price Per Square Foot Condos/Townhomes: $1,144 (▲20%*)
Range of Price Per Square Foot Condos/Townhomes: $775 - $1,496 PSF
Average Days on Market Condos/Townhomes: 234 (▼56%*)

Average Sales Price Duplex/Single Family: No data for Q3
Average Price Per Square Foot Duplex/Single Family: No data for Q3
Range of Price Per Square Foot Duplex/Single Family: No data for Q3
Average Days on Market Duplex/Single Family: No data for Q3

Active Properties on Market at the Beginning of the Timeframe: 54
Active Properties on Market at the End of the Timeframe: 45
*Compared to the same time period in 2013

Lionshead had a good 3rd quarter with total unit sales volume up nearly 40% over the same time period last year.  Condo sales were the driver with 11 sales in the quarter, including the top sale of $3.25M for a 4 bedroom unit at Lion Square Lodge that just underwent a full-scale exterior remodel with prime mountain views and ski access.

See all active Lionshead Village Properties »


West Vail & Highland Meadows - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 12 (▼8%*)
- Condos/Townhomes Sold: 7 (▼13%*)
- Duplex/Single Family Homes Sold: 5 (0%*)
Total Dollar Volume of Sales: $8,611,500 (▼7%*)

Average Sales Price Condos/Townhomes: $550,714 (▼5%*)
Average Sales Price Per Square Foot Condos/Townhomes: $386 (6%*)
Range of Price Per Square Foot Condos/Townhomes: $312 - $520 PSF
Average Days on Market Condos/Townhomes: 68 (▼62%*)

Average Sales Price Duplex/Single Family: $951,300 (▲2%*)
Average Sales Price Per Square Foot Duplex/Single Family: $362 (▼9%*)
Range of Price Per Square Foot Duplex/Single Family: $253 - 489 PSF
Average Days on Market Duplex/Single Family: 72 (80%*)

Active Properties on Market at the Beginning of the Timeframe: 33
Active Properties on Market at the End of the Timeframe: 31
*Compared to the same time period in 2013

Sales remained relatively constant in West Vail for the 3rd quarter.  Average days on market were down significantly across all property types, and inventory remains relatively low for quality product in this desirable neighborhood.

See all active West Vail Properties »


Minturn - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 3 (No data for 2013*)
- Condos/Townhomes Sold: 1 (No data for 2013*)
- Duplex/Single Family Homes Sold: 2 (No data for 2013*)

Total Dollar Volume of Sales: $1,610,000 (No data for 2013*)

Average Sales Price Condos/Townhomes:$465,000 (No data for 2013*)
Average Sales Price Per Square Foot Condos/Townhomes:$294 (No data for 2013*)
Range of Price Per Square Foot Condos/Townhomes: $294 (No sales for 2013*)
Average Days on Market Condos/Townhomes: 88 (No sales for 2013*)

Average Sales Price Duplex/Single Family: $572,500 (No data for 2013*)
Average Sales Price Per Square Foot Duplex/Single Family: $396 (No data for 2013*)
Range of Price Per Square Foot Duplex/Single Family: $317 - $475
Average Days on Market Duplex/Single Family: 608 (34%*)

Active Properties on Market at the Beginning of the Timeframe: 13
Active Properties on Market at the End of the Timeframe: 15
*Compared to the same time period in 2013

Minturn posted 3 sales in the 3rd quarter for a total of $1.6M in dollar volume.  There were no sales in the 3rd quarter of 2013 and thus no statistical comparisons to this year.  Buyers looking for something unique should consider the Game Creek Estate, a private 10-acre oasis with direct ski-in access from Vail Mountain.  This property is listed by Ascent Sotheby’s Realty and is one of the Vail Valley’s most unique opportunities currently on the market.

See all active Minturn Properties »


EagleVail - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 18 (▼5%*)
- Condos/Townhomes Sold: 14 (▲40%*) 
- Duplex/Single Family Homes Sold: 4 (▼56%*)
Total Dollar Volume of Sales: $8,112,000 (▼8%*)

Average Sales Price Condos/Townhomes: $427,286 (▲33%*)
Average Sales Price Per Square Foot Condos/Townhomes: $241 (▼2%*)
Range of Price Per Square Foot Condos/Townhomes: $178 - $337 PSF
Average Days on Market Condos/Townhomes: 52 (▼20%*)

Average Sales Price Duplex/Single Family: $532,500 (▼14%*)
Average Price Per Square Foot Duplex/Single Family: $289 (23%*)
Range of Price Per Square Foot Duplex/Single Family: $254 - $328 PSF

Average Days on Market Duplex/Single Family: 9 (▼95%*)

Active Properties on Market at the Beginning of the Timeframe: 33
Active Properties on Market at the End of the Timeframe: 32
*Compared to the same time period in 2013

Sales remained relatively constant in the 3rd quarter for Eagle-Vail with prices trending upwards for condos and townhomes.  Average days on market for the 4 duplex sales during the quarter was just 9 days, which is a sign of low inventory and high demand for this type of home in Eagle-Vail, known for its convenient location and family atmosphere.

See all active EagleVail Properties »


Avon - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 37 (▲0%*)
- Condos/Townhomes Sold: 37 (▲3%*)
- Duplex/Single Family Homes Sold: 0 (▼100%*)
Total Dollar Volume of Sales: $14,340,999 (▼8%*)

Average Sales Price Condos/Townhomes: $387,595 (6%*)
Average Sales Price Per Square Foot Condos/Townhomes: $343 (▼1%*)
Range of Price Per Square Foot Condos/Townhomes: $166 - $1,006 PSF
Average Days on Market Condos/Townhomes: 99 (105%*)

Average Sales Price Duplex/Single Family: No data for Q3
Average Price Per Square Foot Duplex/Single Family: No data for Q3
Range of Price Per Square Foot Duplex/Single Family: No data for Q3 
Average Days on Market Duplex/Single Family: No data for Q3

Active Properties on Market at the Beginning of the Timeframe: 90
Active Properties on Market at the End of the Timeframe: 68
*Compared to the same time period in 2013

Avon saw another strong quarter with total sales volume for the 3rd quarter over $14M including 4 condos at the Westin Riverfront resort including a very large 1 bedroom unit that sold for $2M which was the top sale for the quarter in Avon.

See all active Avon Properties »


Wildwood/Wildridge - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 15 (▲7%*)
- Condos/Townhomes Sold: 5 (▲0%*)
- Duplex/Single Family Homes Sold: 10 (▲10%*)
Total Dollar Volume of Sales: $10,824,500 (▲15%*)

Average Sales Price Condos/Townhomes: $381,400 (▼35%*)
Average Sales Price Per Square Foot Condos/Townhomes: $227 (▲12%*)
Range of Price Per Square Foot Condos/Townhomes: $214 - $259 PSF
Average Days on Market Condos/Townhomes: 9(▲20%*)

Average Sales Price Duplex/Single Family: $891,750 (18%*)
Average Price Per Square Foot Duplex/Single Family: $267 (▲5%*)
Range of Price Per Square Foot Duplex/Single Family: $95 - $368 PSF
Average Days on Market Duplex/Single Family: 103 (▼7%*)

Active Properties on Market at the Beginning of the Timeframe: 30
Active Properties on Market at the End of the Timeframe: 25
*Compared to the same time period in 2013


The communities of Wildridge and Wildwood saw 15 sales in the 3
rd quarter for a total of $10.8M.  This total is up 15% over the same period last year despite a drop in average sale price for condos and townhomes.  The majority of the sales were duplex and single family homes which are predominantly primary residences.


See all active Wildwood/Wildridge Properties »


Beaver Creek - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 22 (▲5%*)
- Condos/Townhomes Sold: 17 (▼6%*) 
- Duplex/Single Family Homes Sold: 5 (▲40%*)
Total Dollar Volume of Sales: $36,084,500 (▼33%*)

Average Sales Price Condos/Townhomes: $1,109,971 (▼48%*)
Average Sales Price Per Square Foot Condos/Townhomes: $634 (▼11%*)
Range of Price Per Square Foot Condos/Townhomes: $337 - $976 PSF
Average Days on Market Condos/Townhomes: 266 (▼42%*)

Average Sales Price Duplex/Single Family: $3,443,000 (▼78%*)
Average Price Per Square Foot Duplex/Single Family: $588 (▼25%*)
Range of Price Per Square Foot Duplex/Single Family: $319 - $737 PSF
Average Days on Market Duplex/Single Family: 269 (▼50%*)

Active Properties on Market at the Beginning of the Timeframe: 112
Active Properties on Market at the End of the Timeframe: 108
*Compared to the same time period in 2013

Beaver Creek saw a modest increase in total unit sales volume with 22 sales in the quarter.  The top sale was a single family home that sold for $6.225M on Holden Road.  Inventory of single family-homes remains relatively high with more than 20 homes currently on the market. We are encouraged to see 4 single family home sales in the quarter as there were only 2 single-family home sales prior to the 3rd quarter in Beaver Creek.

Vail and Beaver Creek are gearing up to host the World Alpine Ski Championships in February 2015, an event that will draw visitors and spectators from around the world and has not been hosted in Colorado since 1999 when Vail last hosted.


See all active Beaver Creek Properties »


Bachelor Gulch - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 1 (▼400%*)
- Condos/Townhomes Sold: 0 ( N/A 
- Duplex/Single Family Homes Sold: 1 (▼100%*)
Total Dollar Volume of Sales: $8,175,000 (152%*)

Average Sales Price Condos/Townhomes: N/A 
Average Sales Price Per Square Foot Condos/Townhomes: N/A 
Range of Price Per Square Foot Condos/Townhomes: N/A  
Average Days on Market Condos/Townhomes: N/A 

Average Sales Price Duplex/Single Family: $8,175,000 (12%*)
Average Price Per Square Foot Duplex/Single Family: $966 (12%*)
Range of Price Per Square Foot Duplex/Single Family: $966 PSF
Average Days on Market Duplex/Single Family: 530 (▼40%*)

Active Properties on Market at the Beginning of the Timeframe: 38
Active Properties on Market at the End of the Timeframe: 32
*Compared to the same time period in 2013

Bachelor Gulch had a relatively quiet quarter with just 1 sale, compared to 5 sales during the same period last year.  Inventory remains quite strong with 32 homes on the market at the start of the 4th quarter. The winter months are typically more active for real estate sales in this area, so watch for increased momentum as we head into the ski season.

See all active Bachelor Gulch Properties »


Arrowhead - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 11 (▲0%*)
- Condos/Townhomes Sold: 7 (▲29%*) 
- Duplex/Single Family Homes Sold: 4 (▼33%*)
Total Dollar Volume of Sales: $12,725,000 (▼23%*)

Average Sales Price Condos/Townhomes: $693,571 (▼41%*)
Average Sales Price Per Square Foot Condos/Townhomes: $503 (▲10%*)
Range of Price Per Square Foot Condos/Townhomes: $447 - $575 PSF
Average Days on Market Condos/Townhomes: 237 (▲16%*)

Average Sales Price Duplex/Single Family: $1,967,500 (▲8%*)
Average Price Per Square Foot Duplex/Single Family: $469 (▲5%*)
Range of Price Per Square Foot Duplex/Single Family: $398 - $542 PSF
Average Days on Market Duplex/Single Family: 149 (▼227%*)

Active Properties on Market at the Beginning of the Timeframe: 47
Active Properties on Market at the End of the Timeframe: 45
*Compared to the same time period in 2013


Transaction volume remained constant during the 3rd quarter in Arrowhead compared to the same time period last year while total dollar volume dipped slightly on lower average sale prices for condos and townhomes.  Watch for some increased activity in this market as we head into the winter months.

See all active Arrowhead Properties »


Edwards/Scottsville - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 12 (▲8%*)
- Condos/Townhomes Sold: 11 (▲27%*
- Duplex/Single Family Homes Sold: 1 (▼200%*)
Total Dollar Volume of Sales: $5,119,225 (▼13%*)

Average Sales Price Condos/Townhomes: $424,566 (▼15%*)
Average Sales Price Per Square Foot Condos/Townhomes: $306 (▲6%*)
Range of Price Per Square Foot Condos/Townhomes: $218 - $379 PSF
Average Days on Market Condos/Townhomes: 70 (▼84%*)

Average Sales Price Duplex/Single Family: $449,000 (▼39%*)
Average Price Per Square Foot Duplex/Single Family: $299 (▲15%*)
Range of Price Per Square Foot Duplex/Single Family: $299 PSF
Average Days on Market Duplex/Single Family: 4 (1142%*)

Active Properties on Market at the Beginning of the Timeframe: 27
Active Properties on Market at the End of the Timeframe: 16
*Compared to the same time period in 2013

The community of Edwards posted 12 sales in the 3rd quarter for a total of just over $5M in total dollar volume.  This total is down slightly from the same time period last year as average sale prices were down across all property types.  With inventory at relatively low levels, we may start to see some upward pressure on pricing as demand continues to be strong for this popular community.

See all active Edwards/Scottsville Properties »


Singletree - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 15 (▼7%*)
- Condos/Townhomes Sold: 1 (▲100%*)
- Duplex/Single Family Homes Sold: 14 (▼25%*)
Total Dollar Volume of Sales: $11,759,500 (▼11%*)

Average Sales Price Condos/Townhomes: $405,000 (No sales in Q3 2013*)
Average Sales Price Per Square Foot Condos/Townhomes: $285 (No sales in Q3 2013*)
Range of Price Per Square Foot Condos/Townhomes: $285
Average Days on Market Condos/Townhomes: 32 (No sales in Q3 2013*)

Average Sales Price Duplex/Single Family: $811,036 (▼1%*)
Average Sales Price Per Square Foot Duplex/Single Family: $283 (▲0%*)
Range of Price Per Square Foot Duplex/Single Family: $200 - $361 PSF
Average Days on Market Duplex/Single Family: 100 (▲3%*)

Active Properties on Market at the Beginning of the Timeframe: 43
Active Properties on Market at the End of the Timeframe: 32
*Compared to the same time period in 2013

Singletree had 15 sales in the 3rd quarter for a total dollar volume of just under $12M.  This total is down slightly from the same time period last year, but again we are seeing low inventory levels which may lead to some upward pressure on pricing.  Singletree is well known and loved for its sunny location and views of the Arrowhead ski area and surrounding mountain ranges.  Amenities such as the Sonnenalp Golf Club make this a popular community for primary and second home owners alike.

See all active Singletree Properties »


Homestead - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 16 (▼11%*)
- Condos/Townhomes Sold: 9 (▲0%*) 
- Duplex/Single Family Homes Sold: 7 (▼22%*)
Total Dollar Volume of Sales: $8,943,721 (▼12%*)

Average Sales Price Condos/Townhomes: $369,233 (▼3%*)
Average Sales Price Per Square Foot Condos/Townhomes: $225 (▼4%*)
Range of Price Per Square Foot Condos/Townhomes: $166 - $269 PSF
Average Days on Market Condos/Townhomes: 41 (▲0%*)

Average Sales Price Duplex/Single Family: $802,946 (▲6%*)
Average Price Per Square Foot Duplex/Single Family: $272 (14%*)
Range of Price Per Square Foot Duplex/Single Family: $213 - $412 PSF
Average Days on Market Duplex/Single Family: 226 (▲48%*)

Active Properties on Market at the Beginning of the Timeframe: 17
Active Properties on Market at the End of the Timeframe: 18
*Compared to the same time period in 2013

Homestead posted 16 sales in the 3rd quarter for a total of $8.9M in sales.  This was a slight decline from the same time period last year.  Condo and townhome sales volume was consistent with the 3rd quarter of last year, and prices for single family and duplex homes were up slightly.  Inventory levels are relatively low with only 18 homes on the market at the start of the 4th quarter that could lead to some upward pressure on pricing.

See all active Homestead Properties »


Lake Creek Valley - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 3 (▼25%*)
- Condos/Townhomes Sold: 0 (No change*
- Duplex/Single Family Homes Sold: 3 (▼25%*)
Total Dollar Volume of Sales: $4,150,000 (▼26%*)

Average Sales Price Condos/Townhomes: (N/A)
Average Sales Price Per Square Foot Condos/Townhomes: (N/A)
Range of Price Per Square Foot Condos/Townhomes: (N/A)
Average Days on Market Condos/Townhomes: (N/A)

Average Sales Price Duplex/Single Family: $1,383,333 (▼1%*)
Average Price Per Square Foot Duplex/Single Family: $354 (▼12%*)
Range of Price Per Square Foot Duplex/Single Family: $264 - $406 PSF
Average Days on Market Duplex/Single Family: 237 (48%*)

Active Properties on Market at the Beginning of the Timeframe: 12
Active Properties on Market at the End of the Timeframe: 12
*Compared to the same time period in 2013

There were 3 sales in the Lake Creek Valley community during the 3rd quarter totaling just over $4M in sales.

See all active Lake Creek Valley Properties »


Cordillera & Cordillera Valley Club - Q3 2014
Data Timeframe: 7/1/2014 – 9/30/2014

Total Properties Sold: 10 (▼23%*)
- Condos/Townhomes Sold: N/A
- Duplex/Single Family Homes Sold: 10 (▼23%*)
Total Dollar Volume of Sales: $17,425,000 (▲4%*)

Average Sales Price Condos/Townhomes: N/A
Average Sales Price Per Square Foot Condos/Townhomes: N/A
Range of Price Per Square Foot Condos/Townhomes: N/A
Average Days on Market Condos/Townhomes: N/A

Average Sales Price Duplex/Single Family: $1,742,550 (▲35%*)
Average Sales Price Per Square Foot Duplex/Single Family: $348 (▲23%*)
Range of Price Per Square Foot Duplex/Single Family: $274 - $483 PSF
Average Days on Market Duplex/Single Family: 229 (▼44%*)

Active Properties on Market at the Beginning of the Timeframe: 84
Active Properties on Market at the End of the Timeframe: 78
*Compared to the same time period in 2013

The communities of Cordillera and Cordillera Valley Club had a consistently strong second quarter with 9 sales.  The increase in average sale price is primarily due to the sale of a large single family home in Bearden Meadows that sold for $3,600,000.  We expect to see good activity in the third quarter as the golf season gets into full swing.

See all active Cordillera & Cordillera Valley Club Properties »


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Significant Sales

Ritz-Carlton Residences, Vail #405

243 Gold Dust Trail Drive

Edwards, CO
Closing price: $895,000
Date sold: July 7, 2014

  140 Charolais Circle Edwards Colorado

140 Charolais Circle

Edwards, CO
Closing price: $850,000
Date sold: July 25, 2014

  2335 Bald Mountain

2335 Bald Mountain Road, #A4

Vail, CO

Closing price: $780,000
Date sold: September 25, 2014

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