VAIL VALLEY/CORDILLERA REAL ESTATE MARKET REPORT 2020 YEAR IN REVIEW
Welcome to the Vail Valley/Cordillera Real Estate Market Report 2020 Year in Review. The Volume of real estate sales in just the 5 focus areas (Town of Vail, Vail Village/Lionshead, Beaver Creek/Bachelor Gulch, Arrowhead and Cordillera) surpassed $1.75 Billion in 2020! This is up from $1.11 Billion in 2019 and that’s with April, May and June being virtually shut down. Pretty darn good for our Slice of Mountain Paradise……
All Focus Area Sold Single Family Homes/ Sold Condos And Town Homes
The only area that showed a decrease in volume from the year before was in the Town of Vail (not including Vail Village and Lionshead) for single family and duplex homes. In 2020 SF/DP sales were $267.9M versus $283.6M.
While condominium and townhome sales all saw dramatic increases of no less than 30% in the Town of Vail to more than 70% in all the other areas. None showed more than twice the volume from the year before, however.
The strongest performance in all areas was for single family and duplex homes. Vail Village and Lionshead showed the best performance of all areas in 2020. Sales were three times the dollar volume with $203M in sales in 2020 versus $62.9M the year before.
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 15-page Vail Valley/Cordillera Real Estate Market Report 2020 Year in Review!
Helping You Make Informed Decisions Regarding Vail Valley/Cordillera Real Estate
I produce this bi-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 2020 Year in Review
How can I help you with Your Vail Valley/Cordillera Real Estate Needs?
This Vail Valley/Cordillera Real Estate Market Report 2020 Year in Review 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]