Record Setting Numbers Continue!
May is the 2nd highest volume month in Eagle County history
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Real estate sales in May became the second largest sales month in Eagle County history with $301,894,600 in total sales for the month – November of 2005 is the only month with more sales with $361,816,100.
The main contributors to the high sales volume in May were 11 transactions each over $4 million; plus the purchase of the Beaver Creek Hotel and the Village Hall Condominiums which sold for a total of $69,050,000.
This brings the year-to-date total to over $1.2 billion, which is 73% above last year’s record setting year.
Eagle County also had year-to-date record transactions, 1,145, which is 33% over 2006 year-to-date transactions.
The area of Eagle consists of over 25% of all transactions in the county with a year-to-date total of 291; Gypsum is second with 125 transactions. Beaver Creek is the area with the highest year-to-date dollar volume at $ 274,714,100, and accounts for over 22% of the Eagle County market.
May Highlights:
* Eagle County had an average year-to-date sales price of $1,073,348
* Beaver Creek is the area with the highest sales volume in the month of May with $101,249,000. It also had the month’s highest average sales price at $5,955,824, due to the large commercial transaction.
* Eagle had the most activity for the month of May accounting for nearly 25% of the market with 66 transactions.
* May’s average sales price for a single family home is $1,161,497.
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