Interesting question.  Real estate brokers in the Vail Valley get questions like this all of the time.  Indiviuals are looking to buy a home in this beautiful part of Colorado, and want to know what and when they should buy.  Where are the deals?  Where is the value?  What properties have what I really want in a home?  Is now the time to buy?

Contacting myself, or your realtor here in Eagle County, is often the best way to get started.  It IS a great time to do your homework and see what $, buys what home, in which neighborhoods.  Here in Edwards, there are a few areas to focus on:  Singletree, Homestead, and Edwards proper.  (for the sake of keeping this discussion concise, I will not discuss Lake Creek, Arrowhead or Cordillera; if these areas are of interest, please call or email me anytime)  The Edwards real estate statistics below may  help in better understanding the market.

Singletree:  Currently 4 active properties under $600k; $495K for a Persimmons Woods TH, a Villas at Singletree for $549k,  another Presimmon Woods TH for $560k, and a Stone Haven Condo for $589k.  Median list price per foot around $387/sf; ( average price per foot of $384/sf)  Range of cumulative days on the market from 130 days to 404 days, with average of days on market at 310 days.

Homestead:  Currently 9 active properties between $400kand $600k; List prices range from $414,900 to $599,000. Median list price per foot is around $290/sf ( average price per foot of $288/sf)   Range of cumulative days on the market from 32 to 497, w/ average of days on market at 196 days.

Edwards proper:  Currently 17 active properties bewteen $400k and $600k; List prices range from $405,000 to $540,000.  Median list price per foot is around $405/sf ( average price per foot of $401/sf)   Range of cumulative days on the market from 4  to 698 , w/ average of days on market at 153 days.

Statistics should and will help in narrowing your search, but viewing properties is still a must.  Each area has its own assets, and each home is unique, so it’s vital to determine which neighborhood and homes best suit your individual needs and wants.  Call me today for a personal tour of the Edwards real estate market!

Related Article:  Great Townhome for Sale in Homestead for Under $250/sf!

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