The number of luxury homes sold (sales over $1 million) in the resort markets of Eagle County (Vail Valley and Beaver Creek), showed signs of balance year-over-year, according to an April 2017 luxury market report prepared by LIV Sotheby’s International Realty.
Year-over-year, 35 homes with a price tag of more than $1M sold in April 2017, over 36 homes sold in April 2016, according to data released by LIV Sotheby’s International Realty and information based on statistics from Vail Board of Realtors. In Eagle County, total Sales Volume increased year-over-year from $82,995,275 in April 2016, to $94,239,998 in April 2017, a 14% increase. Average Price per Square Foot also increased, rising 27% from $688 in April 2016, to $873 in April 2017.
In April, Eagle County saw a high volume of activity, specifically in regards to property tours, as buyers are looking to purchase homes before the upcoming summer months. The most expensive residential sale in Eagle County in April was a 6,196 square-foot residence located at 221 Beaver Dam Road, Vail, that sold for $13,500,000.
To access the full April residential luxury market report, click here.