Interesting question.? Real estate brokers in the Vail Valley get questions like this all of the time.? Indiviuals are looking?to buy a home in this beautiful part of Colorado, and want to know what and when they should buy.? Where are the deals?? Where is the value?? What properties have what I really want in a home?? Is now the time to buy?
Contacting myself, or your realtor here in Eagle County, is often the best way to get started.? It IS a great time to do your homework and see what $, buys what home, in which neighborhoods.? Here in Edwards, there are a few areas to focus on:? Singletree, Homestead, and Edwards proper.? (for the sake of keeping this discussion concise, I will not discuss Lake Creek, Arrowhead or Cordillera; if these areas are of interest, please call or email me anytime)? The Edwards real estate statistics below may? help in better understanding the market.
Singletree😕 Currently?4 active properties under $600k; $495K for?a Persimmons Woods TH, a Villas at Singletree for $549k,? another Presimmon Woods TH for $560k, and a Stone Haven Condo for $589k.? Median list price per foot around $387/sf; ( average price per foot of $384/sf)? Range of cumulative days on the market from 130 days to 404 days, with average of days on market at 310 days.
Homestead😕 Currently 9 active properties between $400kand $600k; List prices range from $414,900 to $599,000. Median list price per foot is around $290/sf ( average price per foot of $288/sf)?? Range of cumulative days on the market from 32 to 497, w/ average of days on market at?196 days.
Edwards proper😕 Currently 17 active properties bewteen $400k and $600k; List prices range from $405,000 to $540,000.? Median list price per foot is around $405/sf ( average price per foot of $401/sf)?? Range of cumulative days on the market from 4? to 698?, w/ average of days on market at?153 days.
Statistics?should and will help in narrowing your search, but viewing properties is still a must.? Each area has its own assets, and each home?is unique, so it’s vital to determine which neighborhood and homes best suit your individual needs and wants.? Call me today for a personal tour of the Edwards real estate market!
Related Article:? Great Townhome for Sale in Homestead for Under $250/sf!