November proved to be quieter after three consecutive months of the market outperforming 2022 numbers. As expected, more resort properties are coming to market in expectation of a busy winter season while the local market is.
Dear Craig and Jennie: I keep hearing about the low inventory and challenges for anyone wanting to buy a home in the Vail Valley. I’m wondering, as a hopeful buyer, why it’s worth putting my…
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On Real Estate
Before the pandemic emerged in the United States, we knew living in the Vail Valley was special and unique. Our four-season valley thrives on recreation, adventure, and community.
What we realized in the spring and summer was just how much individuals and families valued the lifestyle locals, returning guests, and second-home owners have grown to appreciate. The wave of new residents and those looking to make the valley their more permanent home was palpable and evidenced by the real estate sales numbers in 2020.
A headline worthy $3 billion in sales is a record for any year. Drilling down, our residential unit sales topped 1,700, 24% above last year’s levels. Residential dollar volume exceeded 2019 by 52%. Lofty numbers.