SALES 4-YEAR SNAPSHOT

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Buyer demand for the exceptional lifestyle Vail and Beaver Creek offer have pushed values to new highs. A beautifully remodeled ski-in, ski-out residence in Beaver Creek sold for $15.445 million within the past month, along with a residence in Vail for $20.5 million. Thus, Vail and Beaver Creek resorts continue to set records in the ultra-luxury market despite current economic conditions.”

Benjamin Finn

Higher interest rates and inflation fears can actually push luxury buyers to invest in rare, hard-to-find homes in markets such as Vail with a scarcity of inventory. 2023 should only bolster this argument to own a safe haven in areas that offer a quality lifestyle for families and more stable prices during volatile markets.”

Tye Stockton

The Vail Valley will continue to be a highly desirable location in 2023 and beyond. In 2022, the number of $10 million-plus properties listed for sale was down 22% from 2021, but the limited inventory and a high demand allowed average prices to increase by 6%*. While buyers continue to seek luxury properties in Vail and Beaver Creek, many are waiting for the right property. In this market, it’s likely that sales of $10 million-plus homes will be slow until we see inventory increase.”

Brad Cohn