The first two months of 2015 look and felt a lot like 2014. The Vail Valley real estate inventory (as reported in the Vail MLS) remains limited in many market areas and Vail and Beaver Creek resort properties continue to outperform in both unit sales and dollar volume – a continuation of what we experienced last year.
This trend is not dissimilar from past years as the warmer months will bring more listings and activity to the valley floor and bedroom communities of the Vail Valley. Looking forward, our inventory should increase through the end of July when most of our contract activity will occur.
For those planning to sell in the next 6 – 12 months, now may be an opportune time to list your residence for sale. Though buyer activity is not at its peak, there is also less competition in the market for those buyers. Many buyers are also waiting for the “right” property to come available and will continue to be patient. There is demand in almost all market segments for properties priced to the market.
On a personal company note, our company dollar volume continues to increase and we are at the highest start to a year since 2008. The collective work by our brokers and amazing staff has helped us achieve a higher market share year to day. This is a result of the great work by all.
If you are interested in discussing your property or the market in general, please contact me today.