Vail Valley real estate transactions on the upswing
On Real Estate
LIV Sotheby’s International Realty/Courtesy photo
As local temperatures rise with the impending arrival of spring, home sales also saw a lift last month throughout the Vail Valley. In February, 79 homes sold, which was a 36% increase from the 58 homes sold in January.
The median sale price was $1.795 million, up 32% from January. The median list price was $1.845 million in February, up from $1.46 million the previous month. LIV Sotheby’s International Realty’s monthly market report data shows that total sales volume in the Vail Valley was $200,738,043 in February, an 81% jump from $111,051,460 in January.
The sale-to-list price ratio held steady at 96%, as sellers continue to receive very close to the full asking price for their homes. As of March 14, there were 274 homes for sale and 204 homes under contract. For more market data, visit ColoradoMarketReports.com.
Top February sales by LIV Sotheby’s International Realty brokers include a five-bedroom, seven-bathroom Snowshoe Lane home in Vail which closed for $8.81 million, with luxury real estate agent Malia Cox Nobrega representing the seller. This mountain contemporary residence that borders the White River National Forest offers stunning views of Bald Mountain and the Sawatch Range and ski-in access from the East Vail Chutes. With mountain views, the sounds of a babbling stream, and easy access to Vail Village’s skiing, dining, and shopping, this home truly offers the pinnacle of mountain living.
Tom Dunn of LIV Sotheby’s International Realty represented the seller for a newly constructed home located on the 10th hole of Red Sky Ranch’s Norman course which closed for $7.26 million. This estate boasts soaring vaulted ceilings, panoramic views of the golf course and mountains, and an open floor plan with five bedrooms. From the exquisitely appointed great room, accordion doors lead to a spacious deck with an outdoor kitchen and entertaining space.
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Mick Kelly of LIV Sotheby’s International Realty represented the buyer for a residence in the Arrabelle at Vail Square, which closed for $7 million. This three-bedroom, three-bathroom ski-in, ski-out condominium is in the heart of Lionshead Village, with a deck featuring views of the ski slopes. Luxurious amenities include a rooftop pool and hot tubs, a fitness center, and direct access to the Eagle Bahn gondola for mountain adventures.
Spring brings a bounty of events throughout the Vail Valley. In Vail, enjoy lunch with members of the Vail Ski Patrol and the avalanche dogs at Henry’s Hut each Sunday through March 31. Beaver Creek offers complimentary activities each week including Thursday Night Lights and FunFest. The Vilar Performing Arts Center in Beaver Creek has a fantastic line-up including Dawes & Lucius, Ray Chen, and Toto.
For real estate needs throughout Colorado’s iconic resort communities, visit your local LIV Sotheby’s International Realty office, explore properties at LIVSothebysrealty.com or call 970-476-7944. LIV Sotheby’s International Realty services the resort markets of Beaver Creek, Breckenridge, Crested Butte, Telluride, Vail, Winter Park, and beyond. These legendary locations serve as a hub to discover your Colorado mountain dream home in the perfect setting for outdoor enthusiasts.
