Vail Valley/Cordillera Real Estate Market Report July 2020
Vail Valley/Cordillera Real Estate July 2020
In the Town of Vail 31 homes sold in 2020 compared to 39 homes in 2019 YTD. Sales price per square foot did drop in the Town of Vail from $812 to $709 in 2020. But Condo and Townhome Sales Price Per Square foot in the Town Of Vail increased to $650/Sq ft in 2020 from $590 in 2019.
All Focus Area Sold Single Family Homes/ Sold Condos And Town Homes
Single Family and Duplex sales in Vail Village and Lionshead showed a climb from $1,798 Sales Price Per Square foot in 2019 to $2,647 in 2020.
Vail Village, Lionshead, GC Condos and Townhomes Sold Trends
Condo/TH sales showed strength in Sales Price Per Square Foot increasing to $858 compared to $778 last year.
Cordillera Market Sold Trends
Cordillera continues to show strength in sales compared to last year. Total homes sold so far this year has exceeded last year YTD. This year there have been 25 homes sold compared to 22 last year. In July alone there were 7 closings. While the Average Sales Price per Square foot has only moved to $347 compared to $346 last year the highest Sold Price Per Square foot was $582 this year compared
to $471 last year.
Arrowhead Single Family Home & Duplex Homes Sold Trends
Arrowhead Sales Price Per Square Foot dipped this year to $542 versus $579 last year. High sales price thus far this year has only been $3.325M compared to $9.3M in 2019 YTD. Average Sales Price Per Square Foot did find some strength in Arrowhead is $670 this year compared to $641 last year.
Overall, the Vail Valley Real Estate market is showing remarkable resilience. Enjoy this month’s Market Report and Please share any feedback, comments, and referrals!
If you want more in-depth information and a breakdown of different areas including East Vail, Cordillera, Vail Village, Lionshead, Vail Golf Course, West Vail, Beaver Creek and Bachelor Gulch download the full 13-page Vail Valley/Cordillera Real Estate Market Report July 2020!
Helping You Make Informed Decisions Regarding Vail Valley/Cordillera Real Estate
All the best to you. Please stay safe and share any questions or comments you might have regarding Vail Valley Real Estate or looking over this month’s Market Report.
I produce this monthly report to provide you with a high-level overview by looking at the patterns and trends. My goal is to help YOU make sense of the numbers so you can make an informed decision. It is my hope that this report helps you to ”See the Big Picture and All the Details!”
If you see a segment of the market that you would like additional help with understanding please contact me. Or if you desire a specific Home Estimate that I routinely prepare for my clients, please contact me, I would be happy to go to work and get that to you.
This report covers Single Family Homes, Condos, and Townhomes for the Vail Valley and Cordillera area which includes specific areas such as Cordillera, Vail Village, Lionshead, Vail Golf Course, East Vail, West Vail, Beaver Creek, and Bachelor Gulch.
You will also see a ”slice” of the data by Price Range and by Area for Single Family Homes and Condos & Townhomes to provide a more insightful view of the market.
How can I help you with Your Vail Valley/Cordillera Real Estate Needs?
This Vail Valley/Cordillera July 2020 Real Estate Market Report and the level of detail is representative of what you can expect from me as your Real Estate Agent. I hope I can provide the same amount of expertise and insight for you when you are looking to buy or sell in the Vail Valley/Cordillera area.
Are you wondering what your home is worth in the current market? Do you have questions or want more information about something in the market report? Do you desire a specific Home Estimate that I routinely prepare for my clients? Please contact me or visit this link to get the ball rolling.
Coldwell Banker Global Luxury Specialist
Coldwell Banker Distinctive Properties