May was the best month for real estate transactions in the Vail Valley since 2008. According to Land Title Guarantee Company, there were 150 transactions in May, which is the most transactions since 2008. Those sales added up to more than $154 million in sales volume. Both transactions and dollar amount were 8% ahead of May of last year and the average sales price in the county was a little over $1 million dollars.
Gypsum lead the way with 22 completed transactions. A total of 29 transactions accounted for Vail's neighborhoods added together. The bulk of the transactions were under $500,000 but accounted for only 16% of the sales volume. Homes priced at $2 million or more made up over half the sales volume. There were 10 sales of over $4 million and the highest sale was in Vail Village for $10.25 million.
The towns of Vail and Avon have cancelled the fireworks for the Fourth of July due to the extreme fire danger. It will still be a fun Fourth of July with parades and concerts. In Avon, the July Salute to the USA celebration at Nottingham Park will begin at 5:00 pm on July 3rd. The event will feature music from DJ Ramona, Bonfire Dub and the March Forth Marching Band. There will be a variety of food vendors, a beer tent and a family fun area. Vail will have it's Fourth of July parade on July 4th, which begins at 10 am from Golden Peak, through Vail Village and ending in Lionshead around noon. It's great fun for both the kids and adults! The Bravo Vail Valley Music Festival patriotic concert at the Gerald R. Ford Amphitheater will be that afternoon. Hope every one has a safe and Happy Fourth of July!
Please join us Monday, June 25th from 1:00 to 6:00 for the Estate Home Tour featuring some of the most exquiste estates in the Vail Valley. Homes will be open in Vail Village, Beaver Creek,Bachelor Gulch, Lake Creek, Squaw Creek and Cordillera. We have three extraordinary estates that should not be missed.
34 Whiskey Ridge Road, located in Lake Creek Valley, this estate graces 4.5 exquisite, private acres. Designed to showcase the dramatic surroundings, this 12,521 square foot estate is a unique masterpiece with a guest house that offers the ultimate escape with 2 bedroom suites, kitchen, living room and wonderful views.
State Bridge Riverside Amphitheater is hosting a 2 day music festival starting tonight. Headlined by two Colorado Bands; Magic Beans and Eminence Ensemble. Magic Beans sound is described as acoustic roots songwriting being squeezed into funk/electro-based improvisation. Eminence Ensemble is a group of five musicians that call their genre progressive dance party. The two headliners will be joined by support acts including Whiskey Tango, Lula Granji, the Tone Factory, Malai Llama, Wholly Mammoth, Funky Tunk Heros and Subdivine.
Your weekend schedule will include camping with friends, and lounging on the river. When the sun sets, listening to good music and dancing on the sand dance floor until the late night fireside jam sessions kick off.
Doors open at 7:30 tonight and 5 pm on Saturday. Cost is $15/day or $25/ weekend. For more information please go to: www.statebridge.com
Private and luxurious, Lake Creek Valley is an extremely desirable place to call home. The lush valley features dramatic views of the snow-capped New York and Sawatch Mountain Ranges, meandering creeks, waves of aspen and pine groves, green meadows and countless hiking and biking trails. Arguably the most picturesque setting in the Vail Valley, its private and remote setting is only minutes to downtown Edwards and a drive away from Beaver Creek Resort.
Tomorrow, June 19th, come explore this picturesque setting for yourself featuring two of Lake Creek's premier property and homesites: 34 Whiskey Ridge and Cattlemans Club lots 2 & 3.
Looking for your own lost paradise? Look no further than 0804 Eagle Crest Road in Lake Creek Meadows in Edwards, Colorado located minutes from the world class ski resort of Vail, Colorado. Surrounded by aspens and panoramic views of Lake Creek Valley, this home offers more then what you are looking for in a second or permanent home. Priced at $1.6 million this home features the following: 2.5 acres of wooded land, 4 bedrooms, 4 baths, a separate 2 bedroom, 2 bathroom caretaker/guest home (currently rented out), an expansive deck, remodeled kitchen, million dollar mountain valley views, and loads of quiet privacy shared with you and the wildlife. As listing agent for 0804 Eagle Crest I invite you to take a look and see if you don't agree on where Lost Paradise can be found. My contact information is listed below for any real estate questions in the Vail Valley.
April real estate sales are highest of year so far. According to the Vail Daily (Wednesday, June 6, 2012) the month of April had the highest number of units sold and the largest volume sold. This continues an upward trend in real estate sales in the Vail Valley. Bank owned properties account for a 25 of the 135 units sold. Beaver Creek Resort, Vail Resort, Bachelor Gulch and Arrowhead had 33 closed sales. If you are looking to buy or even put your home on the market, now might be the time. For more information on real estate in the Vail Valley, see my contact information.