2011 Year at a Glance

Real estate in Eagle County ended the year with 136 transactions in December; the most since October, 2008. There were a total of 1,357 total transactions in 2011, 9% above 2010 and 45% above 2009. Total dollar volume for 2011, $1,158,048,856, was down 23% from 2010, which was $1,497,172,233. While the dollar volume was down from 2010, there was a sales increase of 29% over 2009. To put these numbers in perspective, the most transactions ever recorded in Eagle County was in 2005 with 4,023. Our highest dollar volume year was 2007 with $2,960,497,200 in sales.

High-end properties (over $4 million) ended the year with 5 more transactions in December. The highest priced transaction sold in December was in Bachelor Gulch for $9.95 million. This sums up a fairly strong 2011 in the high-end market, with a total of 43 transactions (4%) over $4 million accounting for 28% of the total residential dollar volume.

Some of these high-end properties sold in one of the five newer developments in Vail and Avon; Solaris, Arrabelle, Ritz Carlton, Ascent and the Westin. The Ascent had the most sales with 40 while Solaris had the highest average sales price and price per square foot. Overall, these 5 projects accounted for 78 transactions and more than $143 million (12%) in dollar volume.

Check out Events & Activities under the OUR COMMUNITY TAB