Ellyn Courtois' Vail Valley Home Search

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Eagle County real estate starts strong.  CLick here to view current Land Title Stats.

Eagle County real estate transactions stay strong

March had the highest number of transactions thus far this year, with 102 transactions.   Eagle and Gypsum were the areas with the highest number of transactions with East Vail ranking third with 8 transactions and an average sales price of just over $550,000. Avon and Beaver Creek had good activity as well with 7 transactions each. Bank Sales accounted for 17 transactions in March; 56 through the first quarter totaling more than $15 million with an average sales price of $273,421.

More than 50% of all transactions continue to be selling for under $500,000; the majority of which are multifamily homes. In the multifamily home sector, Arrowhead has had the highest price per square foot gain over 2011 with 32% bringing the price per square foot average to $617.

Bachelor Gulch had the highest priced sale in March at $10.5 million and was one of three transactions over $5 million.

March Highlights:
 - Gypsum had the most transactions with 10
 - Three commercial properties sold averaging $968,000
 - The average sales price was $914,055

• View My Vail Real Estate Blog.