As of December 2011, there were 232 active listings in Vail Village and Lionshead with 72 properties selling in 2011. That suggests a 39 month supply of inventory. Here are inventory numbers for some Vail Valley locations.
Vail Village and Lionshead - 39 months of supply
Beaver Creek, Bachelor's Gulch & Arrowhead - 25 months of supply
Eagle Vail and Avon - 13 month supply of homes
Edwards - 14 month supply of homes
Eagle - 10 month supply of homes
Gypsum - 7 month supply
The point being that there must be continued decline in prices in order to bring our luxury markets back into equilibrium. We still have more sellers than buyers.
Valuable, Interesting and Insightful Information about the Vail Valley and Beaver Creek real estate markets.
Search All Vail Valley Properties at www.InvestInVail.net
Showing posts with label underpriced real estate in vail. Show all posts
Showing posts with label underpriced real estate in vail. Show all posts
Wednesday, January 18, 2012
Saturday, September 13, 2008
Under Priced Real Estate in Vail ????
Occasionally, I will be house hunting for clients and will venture upon an unbelievable deal. Most of the time, this occurs when someone is selling their home without the expertise of an agent. By hitting the streets every day in search of "steals and deals," I am usually one of the first agents to know when an under priced property comes on the market. I am aware of such a deal now, so call or email me for facts and details. I've got the stats to back up my advertising.
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