October real estate produced the best month of the year in Eagle County with $229M in total dollar volume over 235 transactions. It's the first time this year that the county has gone over 200 transactions in a given month.
Nearly 1/3 of all transactions occurred in Eagle and Gypsum, with 40 and 34 transactions respectively. This activity was followed by Avon and Eagle Vail with 14 transactions; then Cordillera, Arrowhead and Beaver Creek which all had 12 sales.
There were 3 residential sales over $5M that produced a combined $21.9M in dollar volume. These included two sales for $8.2M; a home in Vail Village and a unit at The Chateau in Beaver Creek.
The majority of all Eagle County home buyers continue to be locals (55%), while 27% are out of state buyers and 17% are from the Front Range. These percentages are typically very consistent year over year.
Commercial sales have remained active in 2018 with 147 commercial transactions totaling $145M, creating an average sales price of just under $1M.
New homes sales accounted for 14 sales and nearly $15.5M in total dollar volume.