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May 2019 - Market Analysis

Eagle County real estate again had the best month of the year in both total dollar volume ($173,609,845) and transactions (174) in May. These numbers bring the year to date totals to 680 transactions and over $750M in dollar volume; down 16% and 14% respectively from 2018.

The high end sale of the month sold for $9.85M in Vail Village. This was also the highest PPSF in Eagle County in May at $2,233. This sale brings the year to date total to 16 home sales over $5M.

There were also 16 new home construction sales in May. These prices ranged from $3.425M in West Vail to $295K at Mountain Gateway in Gypsum.

Avon had the busiest month with 21 sales at an average sales price of $739,283, and Beaver Creek had 12 sales averaging $1.4M. Only Eagle with 22 transactions had more sales in May.

The majority of real estate sales are typically purchased by Eagle County locals (51% YTD) while out of state buyer have accounted for 32% and Front Range buyers 16%. Of the 217 out of state buyers in 2019, 48 were from Texas, 34 from Florida and 18 from California.

Here is a graph showing the buyer breakdown through May, 2019:



 

Click the link below to access this months complete Market Analysis.

May 2019 Market Analysis


 

Here's the link to access our previous Market Reports in Eagle County and throughout Colorado.
Archived Reports