Here is a breakdown of all 2011 residential sales in Eagle County by sales proice:
51% of all transactions were for $500,000 or less
74% of all transactions were for $1 million or less
89% of all transactions were for $2 million or less
Only 11% of transactions were for properties for more than $2 million.
The lower end of the Vail Valley real estate market is getting some legs at last. I am specifically talking about properties priced for $250,000 or less. There is especially strong demand for properties priced under $175,000 that don't need much work. Demand from 1st time buyers is strong. As long as there is verifiable income, loans are readily available as well as assistance for 1st time homebuyers. We post the best opportunities on our HOTLIST page which can be found at www.investinvail.com
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