Yes! Another record setting month!
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2007 is off to another record setting start. The total sales volume for Vail Valley this January shattered last year’s record by over $35 million, showing $173,416,500 in real estate sales in Eagle County. Last year, 2006, ended with the second highest real estate sales volume in the recorded history of Eagle County, second to the record setting previous year, 2005.
Another historical record was set in January, the highest average sales price of any given month ever at $990,951 per transaction. Elevating the average for January was the high average sales price of single family homes which was $1,425,005. Also adding to the high average for the county was the $29 million in transactions taking place in Vail Village and Lionshead with average sales prices of $3,587,333. Figuring into the mix as well were 2 transactions of over $5 million with the highest being on Gore Creek Drive for $8,750,000.
The Valley leaders in the number of real estate transaction continues to be Eagle and Gypsum with over 50 transactions between the two areas.
January Highlights:
* The average sales price for single family homes is $1,425,005.
* The average sales price for multi-family homes is $666,257
* Eagle and Gypsum accounted for over 30% of all sales transactions in Eagle County.
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