The newest Vail real estate market data was just published and the third quarter of 2012 was a promising sign for the Vail real estate market! September real estate transactions were the highest in five years!
Some highlights:
The third quarter of 2012 boasted 175 real estate transactions and over $140,000,000 in sales – the most transactions since November 2007.
The average sale in September was $809,208
Year to date the real estate market continues to stabilize with Eagle County transactions up 18% over 2011 and volume is up 24%!
In September there was a 69% increase in dollar volume over September 2011 with seven commercial transactions, 11 vacant residential lots, five transactions over $4,000,000, and an $8,150,000 Bachelor Gulch home sale – all signs that the market is holding strong!
For more detailed market data: Land Title’s September 2012 Market Data Land Title’s 2011 and 2012 year-to-date Market Analysis
If you are interested in Vail valley real estate, or Vail properties for sale, please contact me at ashley@gatewayland.com or 970.376.5742