Bachelor Gulch Real Estate 2011: YTD 4 Sold, 2 Under Contract!

Bachelor Gulch has been enjoying one of the best ski seasons in recent memory.? (Beaver Creek has reported over?240 inches of snow thus far, and more is forecast for this weekend.? Bachelor Gulch and Beaver Creek are connected and allow for village-to-village skiing access!)

Bachelor Gulch

Indicators are showing that the real estate activity in Bachelor Gulch is staying solid relative to the past few years.? (2008?had 28 transactions/2009?had 14 transactions/2010?had 16 transactions.)? Granted the number of ?transactions are down significantly from peak activity, 2011 has?seen 4?sales and 2 pending sales year to date ( as of February 19).

Sold thus far in 2011:
Ritz Residential Suite #640; 2 bedroom condo, sold for $1,550,000 (or $1161/SF)
Hummingbird Lodge C302; 4 bedroom condo, sold for $2,663,000 ( or $781/SF)
156 Elkhorn; 6 bedroom single family home, sold for $8,900,000 ( or $893/SF)
3791 Daybreak Ridge; 7 bedroom single family home, sold for $10,300,000 (or $966/SF)

Currently Under Contract:
Horizon Pass Unit 209;? 4 bedroom condo; last list price of $2,590,000? (or $751/SF)
QuarterMoon Unit 13; 6 bedroom single family home; last list price of $3,950,00 ( or $881/SF)

There are currently 51 active listings in Bachleor Gulch, ranging in price from $825,000 to $12,900,000.? The median list price is at $2,995,000.? Relative prices range from $674/SF to $1419/SF with the?median around?$1000/SF.? ?Most properties in Bachelor Gulch have excellent ski-in/ski out access.?? If not, there is also the free door to door transportation service.

Please call or email me anytime to discuss the Bachelor Gulch real estate market, or?about other?areas?in the Vail Valley!?
THINK SNOW!

Related Articles:
Bachelor Gulch High End Properties Staying Strong

Bachelor Gulch Sees Continued Activity in 2010!