Vail Valley Real Estate Market Trends – 3rd quarter of 2015

The traditional summer selling season was active throughout the valley and both unit sales and dollar volume are now exceeding 2014 levels (and the highest since before the recession) as we top a billion dollars in volume through the first 9 months of the year.  Supply and demand is in full effect with dollar volume outpacing the unit sales for many of the mid and down valley markets.  Our Market Trend report (click on link to view) is a breakdown of market segments and while this report is neighborhood specific, it is important to remember to use this report as your guide for general trends in each area.  Our market is unique and each neighborhood, from the resorts to our bedroom communities has its own rhythm and seasonal drivers.

Our family-owned company continues to thrive thanks to an amazing staff and professional, dedicated brokers who simply love what they do.  In 2016 we will celebrate our 45th year in business here in the valley and 2nd anniversary as Berkshire Hathaway HomeServices. To be part of a global company that is respected and admired along with some of the top brands including Apple, Google, Disney and VISA benefits our brokers and clients looking to buy and sell here in the Vail Valley.  In November we will open our 7th real estate office in the heart of Vail Village, across from the iconic Pepi’s deck and Children’s Fountain.  This new location will complement our other offices in Lionshead, Beaver Creek, Edwards, Eagle and Gypsum.

I hope the following information is beneficial as you learn more about the market in the Vail Valley.  Please contact your Berkshire Hathaway HomeServices broker for more information on these trends or any other questions about real estate or life here in the Vail Valley.

 

2015 Q3 Cover

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