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Vail Valley Market Report - August 2018

Thursday, October 11th, 2018 at 3:43pm Shell Admin Vail • Beaver Creek

Eagle County real estate dollar volume in August is down 25% compared to last August in 2017. However, the year to date dollar volume total is down just 4%. Transactions are also down in August with 190 sales compared to 226 in 2017, but are up year to date, 1,369 compared to 1,367.

Eagle and Gypsum had 31% of all transactions in August with 39 and 20 transactions respectively. Avon and East Vail were the other areas reaching double digit sales.

Highlights from August, 2018:
- Highest priced sales: $8,200,000 located in Spraddle Creek
- Highest price per square foot: $1,732 located in Northwoods Condo in Vail
- Multi-family average price per square foot in Eagle County: $642
- Average sales price in Eagle County: $951,770
- New unit sales: 7

Area Spotlight: Eagle
Eagle's 39 transactions produced the highest dollar volume of any area in August, $20M, more than any other area. Eagle currently averages $542,601 per sale compared to $533,187 last year through August. Price per square foot for multi-family homes have increased 8% in 2018 over 2017. The average sales price for single family homes has gone up 7%.

Click here to view the detailed market report

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