The rest of the country seems to be learning what all of us here in the Vail Valley have known for years. . . Vail is a great place to live year round!!? A recent article in Golf Digest ranks the Colorado high country from Breckenridge to Glenwood Springs as the #1 new place for golf retirees.? And once again,?Vail captured the #1 ranking of Ski Magazine for ski resorts.
Real estate sales data for Eagle County, for the month of October 2006,?show the high end market has significant strength.? The total number of transactions in the Vail Valley has decreased, driving the average home price up considerably.
October saw 4 transactions at a sales price of over $5 million. This brings the year-to-date total number of transactions over $5 million to 31, with an average sales price of $6,760,639 in this category. Last year?s total for the number of transactions in this category for the entire 12 month period was 23, putting the county ahead of 2005 by 8 transactions.
The over $5 million market accounts for approximately 12% of the total dollar volume on improved residential sales in Eagle County. Year-to-date shows a total sales volume of $209,579,800. This market segment contributes to the year-to-date average sales price for Eagle County of $856,473.? Sales data provided by Land Title.
To discuss the Vail Valley real estate market in more detail, or for a current copy of Eagle County Real Estate Sales Data, please call Doug Schwartz at (970)926-6777 or email him at firstname.lastname@example.org
The invitations are out and affluent locals and vacationers are snapping up spots in the exclusive Vail Mountain Club.? Soon to be located in THE spot, right at the base of Vail Mountain in Vail Village, the Vail Mountain Club comes with a hefty price tag.? A social membership is going for $100,000 while a parking membership is $250,000.?
These are non-equity memberships, but the deposit is fully refundable.? The latest of Vail’s on-mountain clubs will have almost evereything you could ask for; including a?wonderful locker room, a gorgeous members’ lounge, access to the Lodge’s new Avanyu spa, ski valet and storage, concierge service,?and valet parking for those who have purchased this privelege.?
For more information on this or other happenings in the Vail Valley, please call Doug Schwartz at (970)926-6777 or email me at email@example.com
While the national trend of declining home prices continues, the market is staying strong throughout the Vail Valley.? Recent articles in the national news media paint a picture of a significant housing slump.? And this is true in many parts of the United States, especially urban centers in the Northeast and Midwest. (as many of you know better than I.)
The Vail Valley, however, continues to see a highly competetive marketplace for residential real estate.? Inventories here?grew this summer (2006), balancing the playing field and returning some?power to the buyer.? Since then, inventories have levelled, demand has continued for appropriately priced properties, and a healthy market exisits.?
With the ski season upon us, the Vail Valley will again host hundreds of thousands of mountain visitors this winter. And, as always,?many?will decide to purchase?a vacation home or even relocate to this wonderful mountain valley.?
To discuss the real estate market in more detail, please contact Doug Schwartz at (970)926-6777 or at firstname.lastname@example.org
Following Vail Mountain’s glorious opening day by only 5 days, Beaver Creek Mountain’s chairlifts will be open to the public tomorrow.? While the resort company has not announced the terrain that will be open, skiers and boarders are already anticipating fresh powder turns.
The weather has been cold and sunny, so some of the southern exposures that haven’t been groomed might be a little crusty.? And be sure to ski appropriately, as early season conditions will exist.? (Don’t get hurt out there before the season even gets going!)
Opening day reminds many people of their first on-mountain experience, be it on skis or a snowboard.? (see link below)? My own was in the small hills of upstate New York in the early 1970’s.? A local park had a rope-tow that took us up maybe 100 feet or so.? The pitch was not overly steep, but to me it was The Hahnenkamm (or Birds of Prey for that matter)? I enjoyed it enough to keep at it for the next 30 years or so, and feel lucky to call the Vail Valley home.
The Vail Valley real estate scene has been dominated by luxurious mountain retreats for years.? Lots of stone, timber and natural materials have been the norm in new constructions.? But it seems a more modern approach may be coming to Edwards in the near future.
Renowned architect Daniel Libeskind has been retained by a pair of local developers in the hopes to build an urban styled condominum project.? Rick Mueller and Bobby Hernreich of Remonov &?Co. feel that its time for a more modern feel for architecture in the mountains.
While most of the second home owners in the valley desire the mountain feel (ski lodge or national park grand lodge), it may be that urban design has a market here.? (glass and steel)? Many home owners do express a need for a slightly smaller home, as they no longer need 6+ bedrooms and 8000+ square feet.
These high end condominums will have a hefty price tag, (over?$1 million starting) but the developers feel there is a need in this valley that has gone unfulfilled.? Who knows, maybe this yet-to-be-named project will put Edwards on the international architectural stage and set the new standard for mountain design and living??
To learn more about the real estate market here in the Vail Valley, please contact
With the temperatures dropping, the leaves turning yellow,?and the snow falling, winter appears to be right around the corner in the Vail Valley.? Of course, we see this to some degree every year. . .summer is too short, fall barely happened, and now the snow is covering the Gore Range.? Fortunately, we all love to ski, snowboard?or just get out and?play in this winter wonderland we call home!? And I’m sure we’ll still have some great fall days in the VERY near future.? (It’s only September 21st!)
Many locals look to buy or sell real estate in the shoulder months (May, June, October, November) and this year is shaping up to be no different.? With inventories at a year long high, the near term market is favoring buyers.? Many sellers have already reduced the asking price for their homes and condos.? NOW is the time to seek out the best buys on the market, before the winter activities bring more people.
To find the best deals in the Vail Valley real estate market, call Doug Schwartz of Gateway Land and Develpoment at (970)926-6777 or email?him at email@example.com
A recent article in the Vail Daily sheds light on what those of us that live here have known for years, that Edwards is a great place to live and work!???Many locals?that moved to the Vail Valley to ski,?now find themselves enjoying?the longer summer days in the lower elevations of Edwards.
Edwards is the largest residential community in Eagle County.? There is a wonderful mix of single family homes, duplexes, townhomes and comdominiums that appeal to a wide variety of tastes and budgets.? The neighborhoods of Homestead, Singletree, Arrowhead and Lake Creek appeal to families as well as young professionals.
Restaurants, shops, and services now abound in Edwards, and it truly has?become the heart of the Vail Valley. (Not to take anything away from Vail, for it is the reason most of us are here, but for the “not-in-their-early-twenties-anymore” crowd, Edwards is the place to be.)?
There are currently about 165 active residential listings, ranging in price from the low $300K’s to the multiple millions.? And that?does not include the homes and homesites in Cordillera.
Gateway Land and Development Company, founded by Suzi Apple, is one of the premier real estate firms in the entire Vail Valley.? Gateway is located in the Edwards Village, just past Hwy 6 off Edwards Village Blvd., across the street from eat!drink!?and next to the Gore Range Brewery.
Location, location, location!? Snow Cloud is located in the heart of Bachelor Gulch, next to the Ritz Carlton at Beaver Creek with spectacular views of the mountains.? Just steps away from the ski lift, Snow Cloud is a true ski in / ski out property.? The condos are very spacious with two to six bedroom floorplans.? The interiors are beautifully finished with hardwood floors, vaulted ceilings, gas fireplaces and decks.? All owners enjoy front desk service, an owners ski locker room and storage.
Currently there is a three bedroom and several four bedroom condos available for an average price of $981.00 per square foot.? This is one of Bachelor Gulch’s best values and location.
For more information on properties in the Beaver Creek, Bachelor Gulch or Vail Valley please call Betsy Randall at (970) 401-3011 or firstname.lastname@example.org.? Filtehabiter .