2024 UP- VALLEY MARKET REPORT Q U A R T E R O N E
QUARTER ONE MARKET PERFORMANCE
UP-VALLEY
REALESTATEINTHEVAILVALLEY,COLORADO
ThroughouttheupperVailValley,you'llfindanincomparableblendof luxuryVailandBeaverCreekskihomestofull-timeneighborhoodsin closeproximitytoexcitingoutdooractivitiesandevents.Engel&Völkers VailandBeaverCreekrepresentanamazingvarietyofrealestate.
AcrosstheVailValley,everypropertyisspecial,andweunderstandthe uniquerealestateopportunitiesthatariseeverydayinthisexceptional regionoftheRockyMountains.
2021 227 2022 58 2023 DAYS ON MARKET IN FIRST QUARTER 122 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
neighborhoodastheyrushintothe
12
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 928,346 1,393,000 2,516,341 13 4 9 882,500 $1187 $949 $1030 $759 45 2021 2023 2022 2024
//EastVail//Surroundedonbothsidesbythetall pinesoftheWhiteRiverNationalforest,thisarea isthedestinationforbothhikingand snowshoeing.Waterfallsandtributariesslice throughthe
GoreCreek.
EAST VAIL
//BoothCreek//Locatedonthenorthsideof VailandjusttwomileswestoftheVillage.Hometo bothsingle-familyhomesandspaciouscondominimumcomplexes,whichofferhikingand mountainbikingdirectlyoutone’sbackdoor.The closeproximityofhomestoskiing,shoppingand recreationmakesthisaprimechoice.
2021 75 50 2022 96 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
2 2 3 2
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 1,441,000 1,505,500 1,518,333 1,686,500 $1008 $925 $878 $713 2021 2023 2022 2024
BOOTH CREEK
//VailGolfCourse
Villagethisneighborhoodhasunmatched propertieswithlarge,flat,privatelots.Homes haveeasyaccesstoeithertheGolfCourseor PublicLand.Takethebusinthewinterorwalkin thesummertoVailVillage.
2021 182 13 2022 2 2023 DAYS ON MARKET IN FIRST QUARTER 190 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
5 3 2 2
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 2,245,000 3,278,333 5,065,000 3,200,000 $1305 $1726 $1379 $878 2021 2023 2022 2024
//OnlyminutesfromVail
VAIL GOLF COURSE
2021 241 106 2022 20 2023 DAYS ON MARKET IN FIRST QUARTER 128 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER //Downtown//VailVillage,knownastheheartof Vail,isthevalley’smostdesirableaddress.With cobblestonestreets,amixofEuropeanand Americaninfluencedarchitecture,and meanderingpedestrianstreetswithbridgesthat crossoverstreams,Vailisbrimmingwithcharm. 22 VAIL VILLAGE Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 12 9 16 4,601,093 6,528,111 5,229,208 2,436,027 $2566 $3053 $2383 $1729 2021 2023 2022 2024
2021 276 103 2022 10 2023 DAYS ON MARKET IN FIRST QUARTER 93 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER //2&3BedroomCondo//
5 11 VAIL VILLAGE Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 8 18 4,071,363 4,047,800 4,004,500 2,446,944 $2656 $3081 $2302 $1724 2021 2023 2022 2024
VailVillage,knownas theheartofVail,isthevalley’smostdesirable address.Withcobblestonestreets,amixof EuropeanandAmericaninfluencedarchitecture, andmeanderingpedestrianstreetswithbridges thatcrossoverstreams,Vailisbrimmingwith charm.
2021 65 287 2022 35 2023 DAYS ON MARKET IN FIRST QUARTER 423 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER //4+BedroomCondos//VailVillage,knownas theheartofVail,isthevalley’smostdesirable address.Sittingat8,200feet,VailVillageisan elegantcombinationofskishopsandboutiques, barsandrestaurants,hotels,privatehomes,and high-endcondos. 1 1 3 2 VAIL VILLAGE Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 12,856,250 11,941,667 7,200,000 6,400,000 $3415 $3242 $2821 $2222 2021 2023 2022 2024
//Studio+1Bedroom//VailVillage,knownasthe heartofVail,isthevalley’smostdesirable address.Withcobblestonestreets,amixof EuropeanandAmericaninfluencedarchitecture, andmeanderingpedestrianstreetswithbridges thatcrossoverstreams,Vailisbrimmingwith charm.
2021 89 2 2022 29 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
1 3 VAIL VILLAGE Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 3 1 1,040,000 3,175,000 1,350,000 1,049,200 $1671 $2344 $1965 $1599 2021 2023 2022 2024
2021 NA 62 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
VailVillage,knownas
NA 1 NA VAIL VILLAGE Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER NA NA NA 19,000,000 NA NA NA $3100 NA 2021 2023 2022 2024
//SingleFamily+Duplex//
theheartofVail,isthevalley’smost desirableaddress.Sittingat8,200feet,Vail Villageisanelegantcombinationofskishopsand boutiques,barsandrestaurants,hotels,private homes,andhigh-endcondos.
2021 NA 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
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER NA NA NA NA NA NA NA NA 2021 2023 2022 2024 NA NA NA NA
//SpraddleCreek//OverlookingVailfroman elevatedpoint,thesemulti-milliondollarcastles areunlikeanyotherpropertiesintheValley SPRADDLE CREEK
LIONSHEAD VILLAGE
//LionsheadVillage//Withaccesstoavarietyof trails,hikersandbikerscanjumpontorugged hikingtrailsrightouttheirfrontdoor.GoreCreek, withitsGoldMedalfishingwaters,windsitsway towardstheEagleRiver.Severalbeautifully maintainedparksandotheroutdooramenities contributetothebenefitsoflivinginWestVail.
2021 158 149 2022 82 2023 DAYS ON MARKET IN FIRST QUARTER 84 2024
OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
NUMBER
17 7 7 3
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 6,146,667 2,337,857 5,904,642 2,453,852 $2628 $2140 $1634 $1616 2021 2023 2022 2024
//CascadeVillage//Vail’swesternmostlift accessarea,anchoredbytheCascadeHoteland Resort.TheAriaspaandhealthclub, multiplepools,tennisandgoldmedalfishing createafive-starneighborhood.GrandsinglefamilyhomeslinethebanksoftheGoreCreek. Accessislimitedtoonlyonedrivewayensuring residentstheutmostprivacy.
2021 166 8 2022 NA 2023 DAYS ON MARKET IN FIRST QUARTER NA 2024
OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
NUMBER
6 2 NA
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER NA NA NA 3,050,000 3,187,333 NA NA $1614 $1153 2021 2023 2022 2024
CASCADE VILLAGE
//SandstoneandLionsridge//Apopularareafor full-timelocalsandsecond-homeownersalike, directlyacrossfromVailMountain,most propertiesboastexceptionalmountainviews. Pricesofhomesinthisareaarefarlowerthan thoseinVailVillagemakingitanattractive locationforclientelelookingforeasyaccessto themountainatamoreaffordablepricepoint. 8 8 3 11
2021 95 4 2022 65 2023 DAYS ON MARKET IN FIRST QUARTER 63 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 1,407,545 1,300,000 1,016,500 918,000 $982 $777 $868 $709 2021 2023 2022 2024
SANDSTONE/LIONSRIDGE
Mountain,thissouth-facingneighborhoodis warmedbythesunallyearlong.Easyaccessby carorshuttletoVailmountain.Pricesarequitea bitlowerherethanintheskivillage.Andmost buildingshavepoolsandhottubs.Atrulyhidden gem!
2021 20 56 2022 85 2023 DAYS ON MARKET IN FIRST QUARTER 128 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER //PotatoPatch//WithdirectviewsofVail
3 2 1 POTATO PATCH Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 1 4,600,000 2,275,000 2,500,000 2,525,000 $1145 $731 $904 $893 2021 2023 2022 2024
//BuffehrCreek//Tuckedbehindandabove
Lionsridge,thisprivateneighborhoodboasts someofthemostspectacularviewsofVail Mountain.OnlyminutesfromWestVailand numeroushikingtrailsfromyour backyardcreatesaspecialsliceofVailheaven.
2021 376 5 2022 NA 2023 DAYS ON MARKET IN FIRST QUARTER 22 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 2 2 NA 2,010,000 NA 1,218,500 2,409,250 $1058 NA $847 $710 2021 2023 2022 2024
BUFFEHR CREEK
2021 217 228 2022 105 2023 DAYS ON MARKET IN FIRST QUARTER 279 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER //HighlandsMeadow//LocatedwithinWestVail Souththisneighborhoodgivesyouprivacyandon thehillviews.Homesaretypicallylargerduplexes orsinglefamilyresidences. 1 1 1 HIGHLANDS
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 2 4,712,500 2,587,000 3,300,000 2,550,000 $985 $803 $641 $499 2021 2023 2022 2024
MEADOW
WEST VAIL NORTH
//WestVailNorth//MinutesfromtheVailVillage andworld-classskiing,WestVailresidentsenjoya smallcommunity environmentwiththebenefitsaffordedbyits closeproximitytoVailamenitiesandactivities.
2021 58 32 2022 31 2023 DAYS ON MARKET IN FIRST QUARTER 118 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
4 2
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 5 4 2,248,000 1,022,500 2,502,255 689,000 $859 $784 $836 $561 2021 2023 2022 2024
2021 50 NA 2022 16 2023 DAYS ON MARKET IN FIRST QUARTER 86 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
NA 3 4
Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 4 2,228,125 1,760,667 NA 1,152,250 $952 $1094 NA $603 2021 2023 2022 2024
//WestVailSouth//MinutesfromtheVailVillage andworld-classskiing,WestVailresidentsenjoya smallcommunityenvironmentwiththebenefits affordedbyitscloseproximitytoVailamenities andactivities.
WEST VAIL SOUTH
//VailVillageFractionalOwnership//Fractional OwnershipOpportunitiesgiveyoubestlocation withthelowestcost.Forthefractionofthecost yougettospendmultipleweeksintheVillage.The buildingsinVailVillagethatofferthisownership typeare:AustriaHausClub,OneWillowBridge Road,andtheSebastian.
2021 115 298 2022 62 2023 DAYS ON MARKET IN FIRST QUARTER 560 2024 NUMBER OF CLOSINGS IN FIRST QUARTER 2021 2022 2023 2024 2021 2022 2023 2024 AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
20 60 VAIL VILLAGE FRACTIONAL Q1 Market Update AVERAGE SALES PRICE IN FIRST QUARTER 16 17 166,133 413,600 310,250 325,000 $104 $243 $184 $202 2021 2023 2022 2024
LUXURY REAL ESTATE S I N C E 1 9 7 7
All reports are published January 2024 based on data available at the end of December 2023, 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.