Vail Valley/Cordillera Real Estate Market Report October 2020
Vail Valley/Cordillera Real Estate October 2020
Vail Village and Lionshead 2020 real estate sales were up a whopping 632% for Single Family and duplexes from 2019. Yes, Vail Village and Lionshead Single Family/Duplex Sales is up 632% from last year! This makes sense as the highest sale ever in the Vail Valley was in August for both sides of a duplex for more than $57 Million!
All Focus Area Sold Single Family Homes/ Sold Condos And Town Homes
Then there was a Single Family home that sold on Rock Ledge Rd. in Vail Village for $27,500,000 and another home that sold on Mill Creek Circle (my favorite) for $24,000,000.
Vail Village, Lionshead, GC Condos and Townhomes Sold Trends
All the other neighborhoods within the Focus Area (the Upper Vail Valley) have shown their own impressive increases from years past. Vail Village Condo and Townhome sales volume is up 30%.
Cordillera Market Sold Trends
Cordillera continues to see impressive increases in sales in its own right. With a 108% increase from last year, Cordillera continues to be a power market. In 2020 alone, there have been 62 homes sold thus far and another 66 homes are under contract. The biggest issue we face now is a crisis of inventory. There are only 9 homes currently on the market in Cordillera. This might be a
good time to sell…..!
Arrowhead Single Family Home & Duplex Homes Sold Trends
Arrowhead, while a little slower to the show is finally demonstrating its vitality with an increase of 124% from last year for their Single Family/Duplex sales. Their Condo/Townhome sales are also up a very healthy 40% from last year.
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 October 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.
Get your Vail Valley/Cordillera Real Estate Market Report October 2020
How can I help you with Your Vail Valley/Cordillera Real Estate Needs?
This Vail Valley/Cordillera October 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.
Robert Schilling
Coldwell Banker Global Luxury Specialist
Coldwell Banker Distinctive Properties
(970) 390-0705
[email protected]