The price/value equation is the determining factor in whether properties will sell. If buyers do not feel they are getting a bargain, they will move on. Hotel bookings are very strong and up from last year, but the ugly economic paradigm of supply and demand still reigns. In Vail Village and Lionshead, there are 219 properties listed with just 29 sales in the last 6 months producing a 45+ month inventory of properties in these two areas. SELL NOW or sell for less later.
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