Two reasons for frustrated buyers to be hopeful. Mortgage rates are back down and inventory levels are rising. Mortgage Rates Experience ‘Summer Swoon’ as Fed Maintains Status Quo“The
April 2019 Market Analysis
Dated: June 14 2019
Eagle County real estate had the best month of the year in April, but continues to lag behind 2018 in dollar volume and transactions. April dollar volume was just over $169M which brings the year to date total to $580M; 13% lower than year to date 2018. The total number of transactions are down by 113 (18%) over last year, with a total of 506 real estate sales through April.
Beaver Creek had the best month of any of the 31 areas in Eagle County with over $20M in total dollar volume (the most of any area), 15 transactions (2nd only to Eagle) and had an average sales price of $1.3M.
There were 13 commercial transactions in April totaling nearly $11M bringing the year to date total to 47 transactions averaging nearly $1M per sale.
Vail Village again had the highest sale of the month at $7.699M ($1,453 PPSF).
Click the link below to access this months complete Market Analysis.
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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