As Expected, 2021 Starts off Strong Real estate sales in the Vail Valley for the first quarter of 2021 looked very similar to the second half of 2020 - with buyer demand outpacing
April 2021 Real Estate News Events In The Vail Valley
Dated: April 7 2021
Views: 78
As Expected, 2021 Starts off Strong
Real estate sales in the Vail Valley for the first quarter of 2021 looked very similar to the second half of 2020 - with buyer demand outpacing inventory at a historic clip. The optimistic view for home buyers is that we are entering a four-month period of traditional rising inventory levels which should give home buyers more options. And more available property, coupled with macroeconomic factors, could even stem the pace of rising values - time will tell.Legacy estate properties of $78m and $37m went under contract during the quarter, demonstrating that demand at even our highest luxury levels is consistent.Overall the message remains the same - homeowners looking to capitalize on their value should look to sell in the next few months while the buyer demand remains heightened.Between April and late July is historically our busiest time in the market and with prices in many neighborhoods at record highs, opportunity awaits!
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Mark Weinreich
Mark grew up in Baltimore, MD and moved to the Vail Valley in 1992. He didn’t wait long after moving here to open what is now one of the most successful ski shops in the valley, Venture Sports. Seve....
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