Land Title real estate analysis shows strongest numbers since 2008

By Real Vail
March 29, 2012
Eagle County real estate is off to its best start since 2008 in both transactions (181 compared with 235 in 2008) and dollar volume ($196,919,288 compared with $331,335,000 in 2008), according to the February market analysis provided by Land Title

February saw 91 transactions, the majority of which were sales in Eagle and Gypsum, cumulatively accounting for 26 percent of all sales.
Ten of the 22 bank sales for February took place in Eagle and Gypsum, with an average sales price of $178,000. These sales contributed to the total of sales in the county under $500,000, accounting for more than half of all transactions.

Vail Village continues to see a lot of activity with 8 transactions closing in February, accounting for nearly 22 percent of the county's dollar volume. Four of the five transactions in February were over $4 million and took place in Vail, the highest being sold at Solaris for $6.4 million. This sale also accounts for the highest price per square foot for February at $2,218.

February Highlights:

- Residential sales had a PPSF of $472.

- Multi-family homes accounted for 43 of the 91 transactions in the county
- The average sales price was $1,042,343

To see the complete Land Title analysis click here (pdf).

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