2024 DOWN - VALLEY MARKET REPORT Q U A R T E R O N E
MARKET PERFORMANCE
DOWN-VALLEY
REALESTATEINTHEVAILVALLEY,COLORADO
Throughoutthedown-valleyareasoftheVailValley,you'llfindthriving neighborhoodsperfectforfamiliesaswellasexpansiveranchesand riverfrontproperties.Engel&VölkersVailandBeaverCreekrepresent anamazingvarietyofrealestate.AcrosstheVailValley,everyproperty isspecial,andweunderstandtheuniquerealestateopportunitiesthat ariseeverydayinthisexceptionalregionoftheRockyMountains.
Q U A R T E R O N E
//Minturn // Minturnoffersabundant recreationalopportunities.TheupperEagleRiver parallelsthemainstreetwhichislinedwith restaurants,apartments,andsingle-familyhomes. Theriverhostsgreatfishing,akayakcourse,and itsbankshaveabeautifulmusicamphitheaterand children’spark.
2021 217 2022 NA 2023 DAYS ON MARKET IN FIRST QUARTER 2024
OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
NUMBER
7
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 1,589,000 783,571 2,355,000 1 NA 18 NA $884 NA $592 1 2021 2023 2022 2024 $430 83
MINTURN
2021 15 10 2022 8 2023 DAYS ON MARKET IN FIRST QUARTER 48 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER //EagleVail // Located5mileswestofVail VillageandonemileeastofBeaverCreek;Eagle Vailisafamilyneighborhoodwithschools,agolf course,parks,tenniscourtsandaswimmingpool plusexceptionalhikingandmountainbiking. 16 10 EAGLE VAIL Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 894,000 1,071,300 1,254,500 1,351,287 $781 $641 $605 $477 2021 2023 2022 2024 69 8
//Avon //Primarilyacommercial community,AvonislocatedatthebaseofBeaver Creek,Colorado.Pocketsofsinglefamilyhomes andcondominiumsarelocatedalongthebanksof theEagleRiveraswellassurroundingNottingham Lake.Anewgondolahasaddedgreatskieraccess betweenAvonandBeaverCreek.
2021 47 17 2022 84 2023 DAYS ON MARKET IN FIRST QUARTER 107 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
AVON Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 807,814 919,446 1,770,023 2,000,644 $1408 $1134 $762 2021 2023 2022 2024 57 31 26 21 $816
//MountainStar //Luxury,gated community,consistingoflarge,privatehomesites withunsurpassedviewsofBeaverCreek.Aspen treesandwildlifealongwithbeautifulprivate hikingtrailscreateasense ofprivacyforthesecustombuilthomes.
2021 736 551 2022 NA 2023 DAYS ON MARKET IN FIRST QUARTER NA 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
2
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 1 NA NA NA 9,050,000 5,250,000 NA NA $848 $591 2021 2023 2022 2024 NA
MOUNTAIN STAR
2021 47 80 2022 132 2023 DAYS ON MARKET IN FIRST QUARTER 95 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER //Wildridge //IncomparableviewsofBeaver Creek,BachelorGulchandArrowheadaswellasa largepartofthewesternValley.Wildridgeis
4 6 WILDRIDGE Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 6 7 1,718,833 2,241,250 1,647,642 948,750 $540 $638 $563 $355 2021 2023 2022 2024
quintessentialColoradoandonlyminutesfrom townandskiing.Perfectfor families,localsandsecondhomeownersalike.
//BeaverCreek //Stunningmountainviews, world-classamenitiesandaEuropeancharm contributetoBeaverCreek’srenowned reputation.Builtasafive-staralternativetothe growingpopularityofVail,BeaverCreekattracts visitorsfromallovertheworld.Distinctive boutiques,artgalleriesandrestaurantscreatean unparalleledbaseareaexperience,allyearlong.
2021 193 84 2022 157 2023 DAYS ON MARKET IN FIRST QUARTER 85 2024
OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
NUMBER
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 3,890,000 5,458,055 2,679,000 2,584,444 $1482 $1622 $1157 $918 2021 2023 2022 2024 20 49 23 9
BEAVER CREEK
BACHELOR GULCH
//BachelorGulch //VailValley’smostexclusive ski-inski-outcommunity.BachelorGulchis anchoredbytheRitzCarlton®hotelandprivate clubcomplex,whichoffersresidentsandclub membersfive-starspafacilitiesandanon-demand transportationsystemallowingforeasyaccessto BeaverCreek’sfabulousshopsandrestaurants.
2021 139 23 2022 17 2023 DAYS ON MARKET IN FIRST QUARTER 63 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
4
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 19 6 3,298,750 4,854,166 6,324,076 3,867,407 $1583 $1383 $1340 $1023 2021 2023 2022 2024 13
//Arrowhead //FeaturingaJack Nicklausgolfcourse,whichwindsalongthebanks oftheEagleRiver.Largehomesareseen throughoutrollingmeadowsthatevokeafeeling oftheIrishcountryside.Thegolfcourse clubhouseandskiareaareconveniently locatedadjacenttooneanother.
2021 137 137 2022 36 2023 DAYS ON MARKET IN FIRST QUARTER 13 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
14
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 7 3,071,428 4,173,571 3,172,678 2,555,630 $1273 $1133 $1046 $668 2021 2023 2022 2024 7 15
ARROWHEAD
//Singletree // TheSonnenalpHotelownsand operatesaprivategolfandcountryclubinthe Singletreeneighborhood.Beautifulpools,clay tenniscourts,TomWeiskopfdesigngolfcourse, stateoftheartworkoutfacility,barandrestaurant offerresidentstheopportunitytoenjoyaluxury facilityrightintheirbackyard.
2021 8 9 2022 78 2023 DAYS ON MARKET IN FIRST QUARTER 95 2024
OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
NUMBER
SINGLETREE Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 4 11 5 8 $809 $727 $649 $537 2021 2023 2022 2024 2,275,909 2,347,000 2,328,625 1,239,125
2021 43 8 2022 120 2023 DAYS ON MARKET IN FIRST QUARTER 60 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER //EdwardsandRiverwalk //Thestar ofthewesternVailValley.Amovietheater, restaurants,clothingstores,banks,a grocerystoreandapostofficegivetheWestern townamodernatmosphereandmakeitthetrue heartoftheValley. 9 EDWARDS AND RIVERWALK Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 1,249,021 1,424,696 800,300 1,278,045 $841 $723 $594 $531 2021 2023 2022 2024 11 6 8
//Homestead // Composedof760acresinthree filingsofsingle-familyhomes,townhomesand multi-familyhousing.Ithasapproximately800 residencesandover400acresofopenspace withinitsplannedunitdevelopment,andatthe centerofitallistheHomesteadCourtClub. Homesteadisatthecenterofallthewonderful activitiestheValleyhastooffer.
2021 14 40 2022 25 2023 DAYS ON MARKET IN FIRST QUARTER 32 2024
OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
NUMBER
6
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 5 1,456,041 1,241,780 1,101,766 1,037,285 $657 $602 $507 $382 2021 2023 2022 2024 7 6
HOMESTEAD
//LakeCreek //LakeCreekisonlyminutesfrom thefinerestaurantsandshopsofEdwardsyet offersresidentsthespacetobecompletely secluded.Favoredbyhorseenthusiastsandlovers ofnature,LakeCreek’sranchsizedhomesites leaveresidentstotheirowninitiatives.
2021 74 NA 2022 110 2023 DAYS ON MARKET IN FIRST QUARTER NA 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
2 NA 2 LAKE CREEK Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER NA 3,434,750 NA 3,862,500 NA $845 NA $366 2021 2023 2022 2024 NA
//Summit,Divide&Ranch
CordilleraisVail’s originalmountaingolfcommunityfeaturing coursesdesignedbyJackNicklaus,TomFazio, HaleIrwin,andDavePelz.Cordilleraisacoveted andveryprivateneighborhood;largehomesites andsecuritygatesallowresidentstoenjoya peacefulmountain experience.
2021 147 71 2022 63 2023 DAYS ON MARKET IN FIRST QUARTER 180 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
CORDILLERA Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 9 3,462,500 3,809,888 3,721,947 2,294,888 $601 $629 $420 $748 2021 2023 2022 2024 2 9 10
//
//CordilleraValleyClub // CordilleraisVail’s originalmountaingolfcommunityfeaturing coursesdesignedbyJackNicklaus,TomFazio, HaleIrwin,andDavePelz.Cordilleraisacoveted andveryprivateneighborhood;largehomesites andsecuritygatesallowresidentstoenjoya peacfulmountainexperience.
2021 13 7 NA 2022 NA 2023 DAYS ON MARKET IN FIRST QUARTER NA 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
NA CORDILLERA VALLEY CLUB Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 3 NA NA NA NA NA 3,401,667 NA NA NA $600 2021 2023 2022 2024 NA
//Bellyache/Wolcott//Situatedontopof BellyacheMountain,thishighalpine developmenthassomeofthemostmagnificent viewsofthemountainsandvalley.Manyofthe homesarelog,however,thereareafew contemporary,andevenaTuscandesignall situatedonprivateparcelsbetween1.5Acresand 35Acres.
2021 80 NA 2022 71 2023 DAYS ON MARKET IN FIRST QUARTER 240 2024
OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
NUMBER
4 NA 2
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 2 5,405,000 2,325,000 NA 3,668,000 $839 $601 NA $505 2021 2023 2022 2024
BELLYACHE/WOLCOTT
//Eagle //Wherethelocalsliveandplay!Eagleis about30minutesfrombothVailandBeaver CreekResortsand,assuch,isTHEplacefor locals.Witharangeofhomesbuiltin1915to presentday.Withwonderfullittlerestaurantsand shopsandalowerelevationthanVail,Eagleisa littleknownparadise.
2021 40 25 2022 99 2023 DAYS ON MARKET IN FIRST QUARTER 31 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
EAGLE Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 18 828,856 955,687 749,367 765,619 $450 $340 $405 $348 2021 2023 2022 2024 8 12 8
//EagleRanch //
Vail,EagleRanchisaplanned communitybuiltforpermanentresidents.Lower elevationandwarmerweatheralongwithwell pricedsinglefamilyhomesofEagleRanchattract peopleofallages.
2021 5 8 2022 82 2023 DAYS ON MARKET IN FIRST QUARTER 84 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
AVERAGE SALES PRICE IN FIRST QUARTER 10 1,713,302 1,317,350 1,241,063 1,066,735 $495 $439 $422 $296 2021 2023 2022 2024 7 11 10 2021 2022 2023 2024
Q1 Market Update
Located30minuteswestof
EAGLE RANCH
//Gypsum // JustwestofEagleandisconnected bytheEagleRiver.Withskiingjustuptheroad(I70)andtheEagleandColoradoRiversonly minutesawayGypsumishometoawidevarietyof recreationaloutlets.
2021 23 46 2022 65 2023 DAYS ON MARKET IN FIRST QUARTER 58 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 26 15 754,478 653,232 646,323 399,986 $444 $408 $389 $271 2021 2023 2022 2024 21 24
GYPSUM
LUXURY REAL ESTATE S I N C E 1 9 7 7 All reports published April 2024 based on data available at the end of March 2024, except for the today stats Information and statistics derived from the Multiple Listing Service Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.