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February 11, 2012
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Vail, Colorado

Reported by Will Lewis, CRS, GRI

Updated January 13, 2012.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

There are currently 93 condominium & townhomes available from East Vail to West Vail. Prices for 1 bedroom units start at $219,000, 2 bedrooms $259K, 3 bedrooms $309K. 2 Bedroom townhomes start at $399K and 3 bedrooms start at $522K. At the present time there are 46 duplexes and 32 single family homes for sale. Prices start at $459K for duplexes and $899,000 for single family. During the 4th Quarter of 2011 there were 19 condo sales, prices range from $226-$930/square foot. There were 13 townhome sales, prices range between $226-$551/square foot. There were 9 duplex sales and 4 single family sales with prices ranging from $270-$1,445/square foot and $368-$622/square foot respectively. For 2011 there were 60 condo sales and 28 townhome sales with a price range of $226-$930/square foot and $226-$1,002/square foot respectively. There were 26 duplex sales and 19 single family home sales. Price ranges were between $270-$1,445/square foot and $171-$622/square foot respectively. Prices are continuing to drop thus allowing Buyers to enter the market place.


ZIP Code: 81657

Location Characteristics: Vail extends 10 miles from East Vail to West Vail commonly referred to as the Town of Vail. Almost all areas are serviced by the free Town of Vail bus system. There are numerous condominiums/townhomes, duplexes, single family and fractional interest opportunities available. Vail Village is the core of the town. With shops and restaurants and excellent access to Vail Mountain the Village is always teeming with activity.

For More Information:

View Market Conditions of other areas served by Will Lewis

Navigate: Top > Colorado > Vail

About Will Lewis:
Born and raised in Colorado. Moved to Vail in 1978. Became a REALTOR in 1981. I have CRS, Certified Residential Specialist and GRI, Graduate Realtor Institute designations. I have been a member of the Professional Standards Committee for over 17 years


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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