EAGLE COUNTY — The Vail area estate market hadn’t hit $2 billion in annual sales since 2008. But Eagle County reached that plateau with month to spare in 2017.
Because Land Title Guarantee Co.’s data reflect transactions reported with the Eagle County Clerk & Recorder’s Office, there’s always a bit of a lag in reporting. But for the first 11 months of 2017, the value of all real estate sales in the county was $2.055 billion. That’s a 16 percent increase over 2016’s sales with 1,956 transactions during the first 11 months.
A few notable sales helped drive the market above the $2 billion mark. Vail set two new records for home sales, both in the slopeside area near Vail Village. The first record-setter came in January, when a home on Rockledge Road sold for $23 million.
In August, a home on Mill Creek Circle sold for $28.7 million.
A handful of homes in Vail’s slopeside area — primarily Forest, Beaver Dam and Rockledge roads — are on the market for $30 million or more, but didn’t sell in 2017.
Read the full story at VailDaily.com.
