Connect

New Search X

Vail Real Estate Booms in 2017

Thursday, February 2nd, 2017 at 10:23am Shell Admin Vail

vail lifestyle drives real estate market

The beginning of 2017 has been a very exciting time for real estate in the Vail Valley.

In the past three months, several record setting real estate sales have taken place near the slopes of Vail Resort and across Eagle County, Colorado’s famous ski country. Engel & Völkers Vail is happy to highlight the recent remarkable trends in Vail Luxury Real Estate. It’s a great time to be at the center of Vail’s booming real estate market.

Vail is well known for its luxury mountain homes. But even for Vail’s exclusive market, recent sales have been staggering. Both sales activity and home prices have increased. This is especially true for coveted ski-in, ski out homes near Vail’s ski resorts. Just three weeks ago, a ski-in, ski-out home on Rockledge Road sold for $23 Million, setting a record for its neighborhood.

Luxury slope side homes, however, haven’t been the only properties that have sold for impressive prices. In January, a beautiful home on Forest Road near Lionshead sold for $17.5 million. And along the Vail golf course, on Cabin Circle, a home sold for $14.69 million last fall. This sale was a part of a four-month period that recorded 38 homes sold for over $3 million dollars and $227 million in total sales. This marked an increase of $56 million in total sales compared with last year.

Vail Real Estate Records Create New Opportunities

As Vail home sales have set records, analyst and real estate brokers have pointed out several reasons for an uptrend in luxury real estate sales in Eagle County. Recent buyers are showing a strong affinity for turnkey homes that don’t require renovations. Buyers are also seeking security, and special locations like Vail, Aspen, and Telluride, are seen as safe real estate investments, where quality is guaranteed.

Real Estate in the Vail Valley is naturally limited. True ski-in, ski-out homes are few and far between. As more buyers discover the extraordinary beauty and quality of life in Vail, however, there’s a growing opportunity for rediscovery, especially in areas where homes require renovations, like Cascade Village and Beaver Creek.

Connect with Vail’s Real Estate Experts

Engel & Völkers Vail specializes in discovering and maximizing real estate value. “In the Vail Valley, extraordinary homes are as much a part of the culture as skiing and mountains,” said Josh Lautenberg, Engel & Völkers Vail’s Managing Broker. “Recent record setting sales reveal both the incredible value of Vail’s real estate and growing opportunities for 2017. We love the Vail Valley and look forward to helping both buyers and sellers find the perfect deal in the coming year.”

Thank you for checking in on Vail’s Real Estate trends. Engel & Völkers Vail represents the best luxury real estate in the Vail Valley. Find your Dream Vail Home today!

Questions? Please fill out the form below, and one of our professional Advisors will contact you shortly.

Please provide a valid email address.
 

Browse our Featured Properties

675 Lionshead Pl 284 Vail, CO

$8,250,000 €7,360,419

Residential, Condo

  • 4 Beds
  • 5 Baths
  • 3,353 SqFt
  •  

BEACHFRONT property in Vail Colorado is truly this condo and where the term came from! Absolutely one of the best residences in The Arrabelle which is one of Vails newest, most luxurious and exclusive properties. Rarely available with unobstructe...

EXCLUSIVE

1 Willow Bridge Rd 43 Vail, CO

$7,695,000 €6,865,264

Residential, Condo

  • 4 Beds
  • 4 Baths
  • 2,839 SqFt
  •  

Elegant Luxury Penthouse in the center of Vail Village overlooking mountains, creek and ice rink. European design, Private 24 hour security, Direct access elevator to penthouse, 2 master suites, every bedroom has a balcony to enjoy the views, 2 f...

EXCLUSIVE

141 Meadow Dr 4b Ea Vail, CO

$6,900,000 €6,155,987

Residential, Condo

  • 4 Beds
  • 4 Baths
  • 2,530 SqFt
  •  

One of the rare residences in Solaris with truly direct, unobstructed views of Vail Mountain. Beautifully finished and furnished by this original owner who made the most perfect modifications to the kitchen and many other rooms in this stunning re...

EXCLUSIVE

124 Willow Bridge Rd 3f Vail, CO

$2,950,000 €2,631,907

Residential, Condo

  • 3 Beds
  • 3 Baths
  • 1,175 SqFt
  •  

This well appointed condo couldn't be much more central to the best of Vail. Just steps from the best restaurants and Vail Mountain, this oasis in the Vail core features views of Vail Mountain and the sounds of the Eagle River all year round.

NEW TO MARKET

86 Red Canyon Creek Rd Edwards, CO

$2,850,000 €2,542,690

Residential, Single Family

  • 5 Beds
  • 5 Baths
  • 6,654 SqFt
  • 35.12 Acres

Red Canyon Ranch is a 35 acre gentlemen's ranch in the Vail Valley featuring an estate, guest property and barn that offer tremendous views of the valley below and surrounding mountains. This tranquil property is an equestrian lover's dream offer...

EXCLUSIVE

1763 Shasta Pl Vail, CO

$2,250,000 €2,007,387

Residential, Single Family

  • 4 Beds
  • 5 Baths
  • 3,191 SqFt
  •  

Mountain Chalet in the Town of Vail, Authentic Austrian home on Cul-de-sac, nestled between huge Spruce trees, 115 feet of Gore Creek frontage. The solid 12 in walls have added insulation, a lifetime warranty on the metal roof, redwood siding, 4...

EXCLUSIVE

69 Ptarmigan Ct Avon, CO

$2,225,000 €1,985,083

Residential, Single Family

  • 6 Beds
  • 7 Baths
  • 6,917 SqFt
  •  

Rare Eagle Vail offering. Completed in 2009, this spacious, conveniently located mountain contemporary single family home is situated on a beautiful lot with spacious back yard backing to forest and mountain side views. Contemporary finishes inclu...

EXCLUSIVE

482 Deer Blvd B Avon, CO

$1,099,999 €981,388

Residential, Duplex

  • 4 Beds
  • 4 Baths
  • 2,983 SqFt
  •  

Prime location on the highly sought after Eagle Vail golf course, no golfer impact, has great privacy, open spaces and views. This upgraded 4 bedroom 4 bath duplex with large great room has a wonderful south facing deck, 2 car garage, family room...

NEW TO MARKET

979 Gold Dust Dr Edwards, CO

$995,000 €887,711

Residential, Single Family

  • 6 Beds
  • 4 Baths
  • 3,889 SqFt
  •  

Six bedroom Upper Homestead single family home with amazing mountain and valley views. Master bedroom has a fireplace, 5 piece master bath and large closet. Lower level walkout with family room, 2 bedrooms and kitchenette. Large deck off kitche...

NEW TO MARKET

 

 

Leave a Comment