Lots of activity in March throughout the Vail Valley with new properties coming on the market and a strong number of homes currently under contract. Currently there are 756 residences actively listed with 15 of those coming on the market just from 2 days ago. With spring in the air, many people are looking to both purchase and sell property right now. There are 257 homes under contract as of today with 91 of them going under contract since March 1st.
A quick recap of March’s residential inventory:
- 757 Active Listings in the Vail Valley
- 91 Under Contract since March 1st
- 66 Sold since March 1st
- 126 New Listings since March 1st
Since February 1st here are the following stats for certain neighborhoods:
Beaver Creek/Bachelor Gulch:
- 135 Active listings, 9 new since March 1st
- 27 under contract, 6 of which are over $5mil, 13 of those since March 1st from $299,000-$5,800,000
- 4 sold – with an average of $3,094,000, $875 average price per square foot
Arrowhead:
- 36 Active listings, 2 new since March 1st
- 9 Under Contract, 3 since March 1st
- 4 Sold since March 1st – Average Price $1,593,000, $485 average price per square foot
Cordillera (Divide, Ranch, and Summit):
- 59 Active listings, 5 new since March 1st
- 2 Under Contract, 2 since March 1st
- 3 Sold since March 1st – Average Price $1,189,000, $310 average price per square foot
Cordillera Valley Club:
- 4 Active listings, 1 new since March 1st
- 1 Under Contract – $1,445,000, $325 listed price per square foot
- Last sale January 16, 2017 at $2,112,500 at $443 price per square foot
Singletree:
- 19 Active Listings, 4 new since March 1st
- 7 Under Contract, 4 since March 1st – $1,073,000, $416 average price per square foot
- 3 Sold since March 1st – 931 Singletree Rd $465,000, 140 W June Cree $1,050,000, 10 Saddle $1,599,000 with an average of $412 price per square foot