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!
Some highlights:
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!
Contributed by
Ashley Apple Smith 12/03/2012
Office: 970.376.5742 | Cell: 970.376.5742 | Fax: 970.926.2698