2021 was a record setting year for Eagle County real estate!
Eagle County set an all-time record in 2021 with $4,282,364,721 in total dollar volume over 2,795 sales, which surpassed the previous record from last year by nearly $800M. The overall average price of real estate reached a staggering $1,551,966 and a median price of $825,000. As you can see by the graph below, both are record highs.
Below is a recap of 2021. Eagle real estate reached new highs in a number of categories.
By the numbers:
– $1,551,966: The overall average sales price in Eagle County. The highest ever!
– $825,000: The median sales price. The highest ever!
– $615M: Total dollar volume in Vail Village. The highest of any area.
– 354: Residential vacant land sales.
– 124: Number of home sales over $5M, which account for 6% of all home sales.
– $34,000,000: The highest priced home sale.
– $6,536: The highest PPSF.
– 227: Commercial sales.
– $2,054,726: The average sales price of a single family home throughout Eagle County.
– 27%: The percent increase in single family homes.
– $873: The average PPSF for a multifamily home; an increase of 22% over last year.
– 896: Or 32%, is the number of out of state buyers.
– 32%: Percent of out of state homebuyers.
– 228: The number of properties purchased by buyers from Texas.
– 42%: Percent of properties purchased with cash.
– 138: Number of new construction homes sold.
– 68%: Percent increase over the last year for a vacant lot in Cordillera.
– $990: PPSF for a multi-family home in Beaver Creek (a 21% increase compared to 2020).