When this development is completed there will be a third Gondola and a fifth skier portal onto Vail Mountain. Ultimately, Vail Resorts Development Co. envisions 381 residential properties, 41 Vail employee housing residences and more than 100 hotel rooms. There will also be nearly 100,000 square feet of commercial space and 700 additional public parking spaces accomodating a wide range of skier and conference services, a grocery store, transit center and other community-based amenities.
Real Estate in Eagle County, Vail, Colorado had a great October in both dollar volume and number of transactions according to Land Title Guarantee Company. Here is what Land Title reports:
October sales soar!
Eagle County real estate had a great October in terms of both dollar volume and transactions. There were 218 transactions, which is up 68% over last October and officially surpassed the entire year's transactions in 2011. This is also the first time Eagle County has surpassed 200 transactions in any given month since September 2007. During 2007, Eagle County averaged 224 transactions throughout all of the year.
Dollar volume has also stayed strong with over $159 million in October, 42% above last year. This brings the total to $1.15 billion for the year, 26% above last year and just $6 million away from surpassing 2011 year-end volume.
Eagle continues to have the majority of the transactions each month with 33 in October. However, Eagle-Vail had 22 while Edwards followed closely with 18.
I love Vail. Throughout my entire life it has been a dream of mine to move to Vail where I could enjoy the Vail culture, Vail mountains and the people of Vail. This dream became a reality just over two months ago when I decided to move from a small Midwest town in Illinois to Vail, Colorado.
What has attracted me to Vail from the time I was just a young boy is Vail's culture. Work, to most people in Vail, is fun and exciting which makes it so enjoyable for those visiting and who reside in Vail. There is a positive flow which is addicting and makes you want more. The people of Vail love being with others and outdoors creating a culture of positive-outgoing individuals seeking, not only to please themselves, but others in the process. The people, the enthusiasm and the all around sense of freedom is so overwhelmingly engaging and joyful it will make anyone and everyone want to spend more time in Vail.
The Vail Valley is finally getting some snow! My daughter and I recently attended the Birds of Prey Ski Races . I could not help but wonder what vision and dreams started at that very moment for all the kids who attended the races!? For many, they will remember it as a fun time jingling their cow bells and cheering on the American racers. For a smaller number, they may remember it as the start of their own ski racing career.
There are some truly amazing Colorado ranch properties for sale right now on the Vail market. From an 825 acre stunner, to a 35.5-acre fishing property, the Vail Valley ranch market offers some of the finest ranch properties in the US.
SUMMER RANGE RANCH,Wolcott Colorado Ranch for sale
The newest Vail real estate market data was just published and the third quarter of 2012 was a promising sign for the Vail real estate market! September real estate transactions were the highest in five years!
The third quarter of 2012 boasted 175 real estate transactions and over $140,000,000 in sales - the most transactions since November 2007.
The average sale in September was $809,208
Year to date the real estate market continues to stabilize with Eagle County transactions up 18% over 2011 and volume is up 24%!
In September there was a 69% increase in dollar volume over September 2011 with seven commercial transactions, 11 vacant residential lots, five transactions over $4,000,000, and an $8,150,000 Bachelor Gulch home sale - all signs that the market is holding strong!