Eagle County Inside Edge Summer 2021

SL IFER SMITH & FRA MPTO N REA L ESTA TE'S

IN SID E ED GE

SUMMER 20 21

Up d at es f r o m t h e m o st t r u st ed n am e in V ail V alley r eal est at e.

I N THI S I SSUE > >

Fo r b es Glo b al Pr o p er t ies Mar k et Sh ar e Mar k et Tr en d s Mar k et W at c h Su m m er Ev en t s O u r Fav o r it es

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Vai l Real Est at e.c o m

MO RE THA N EV ER. More experience. More support . More opport unit y.

More than ever, opportunity abounds in this place we call home, and we are more prepared with more experience and more support to help you seize it.

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FORBES GLOBA L PROPERTIES Local Company, Global Reach.

In December 2020 we became a proud founding member of Forbes Global Properties, a luxury real estate marketing platform leveraging the global reach of Forbes to showcase the world?s finest homes and the stories behind them. While we are a local firm, our reach to sell your luxury property goes around the globe.

ForbesGlobalProperties.com

The reach of Forbes:

6.0M Magazine Readership *MRI Simmons Fall 2019 **Google Analytics, January 2021

#1 50M+ 132M Most Trusted Magazine In The U.S.*

Social Media Followers

Monthly Global Website Visitors** 3 | Su m m e r 2 0 2 1

MA RKET SHA RE

#

1

SSF has been Eagle County's top brokerage every year since 1962.

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So u r c e: V ail ML S D at a f r o m 5.14 .20 - 5.14 .21, Resid en t ial & L an d

MA RKET TRENDS & QUICK FA CTS In the past 12 Months*: -

The most expensive residence to sell in the Vail Valley sold for $29.75M. 2,007 residential listings have sold in the Vail Valley.

Residential properties sold for an average of 97% of their list price.

The average sales price for a residential property was $1.6M. Total sold sales volume surpassed $3.2B. 263 land listings have sold with an average sale price of $498,522. Total land sales volume surpassed $131M.

Current Inventories**: *V ail B o ar d o f Realt o r s ML S d at a f r o m 5 .14 .20 - 5 .14 .21. **V ail B o ar d o f Realt o r s ML S d at a as o f 5 .14 .21

There are 16 single-family homes active in the under $1million price range.

There are 55 single-family homes under contract in the under $1million price range.

There are 93 single-family homes active in the over $1million price range.

There are 73 single-family homes under contract in the over $1million price range.

There are 168 active land listings on the market, with an average list price of $1,035,909.

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MA RKET W A TCH | SA LES HISTORY Residential & Land | 1.1-5.14 of Each Year | Source: VMLS V A IL V A L L EY # O F TRA N SA CTIO N S | B Y YEA R

V A IL V A L L EY SA L ES V O L UME | B Y YEA R

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MA RKET W A TCH | A CTIVE INVENTORY Residential & Land | Source: VMLS MA Y 14 TH SN A PSHO T O V ER PA ST 10 YEA RS

N EW L ISTIN GS V S PEN D IN G SA L ES | PA ST 12 MO N THS

New Listings

Pending Sales

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THIS SUMMER IN VA IL

VA IL CRA FT BEER CLA SSIC Vail | June 25-26

VA IL DA NCE FESTIVA L Vail | July 30 -A ug ust 9

The Vail Craft Beer Classic features hundreds of beers from around Colorado from crisp ales to fruity lagers to creamy stouts.

The annual Vail Dance Festival features both performance and educational elements, f irmly establishing the Vail Valley as one of the top summer dance destinations in the world.

VailCraftBeerClassic.com

VailDance.org

TA STE OF VA IL GOURMET ON GORE Vail | Sep t em b er 3-5

Vail | Sep t em b er 17-18

The food lover?s dream. A weekend of culinary delights, Vail?s best eateries, food trucks, tastings, and plenty of wine, beer and spirits to wash it all down.

The Taste of Vail festival showcases more than 30 of Vail's f inest chefs and restaurateurs alongside the owners and winemakers from nearly 50 of the countries' top wineries.

GourmetOnGore.com

TasteOf Vail.com

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ONGOING SUMMER HA PPENINGS HOT SUMMER NIGHTS

MINTURN CONCERT SERIES

Vail | Sum m er Tuesd ays

Mint urn | Thursd ays In July & A ug ust

The annual concert series hosted every Tuesday evening throughout the summer at the Gerald R. Ford Amphitheater. Bring a blanket to enjoy a beautiful night or grab a seat under the open-air roof.

GRFaVail.com/hot-summer-nights

The Little Beach Park & Amphitheater in Minturn hosts fun and intimate concerts from 6pm-8pm on Thursday evenings in July & August.

MinturnCommunityFund.org

BRA VO! VA IL Vail | June 24 -A ug ust 4 Bravo! Vail Music Festival showcases four phenomenal orchestras over the course of the season: Academy of St Martin in the Fields, Dallas Symphony Orchestra, The Philadelphia Orchestra, and New York Philharmonic.

BravoVail.org

MINTURN DRIVE-IN Mint urn | St art ing June 11 Put the car in park, tune the radio, sit back and relax this summer with drive-in movies coming to Little Beach Park.

BlueStarliteDriveIn.com/high-rockies-co

SUNSETLIVE! A von | Sum m er Sund ays The Terrace at the Avon Performance Pavilion on Sunday nights will host casual musical performances by local Eagle County musicians.

Enjoy a spectacular sunset and great music while lounging on your SUP board or paddle boat on Nottingham Lake, the North shore beach or South lawn of the Pavilion.

Avon.org

VA IL + MINTURN MA RKETS Enjoy the open-air markets our locals and visitors have come to love. Each is unique and has something for everyone. Vail Farmers Market takes place every Sunday starting June 20th and the Minturn Market takes place every Saturday starting July 3rd.

SHOW DOW N TOW N Eag le | Sum m er Thursd ays This free concert series hosted on Thursdays throughout the summer at Eagle Town Park are a local's favorite. Picnics are welcome!

VVF.org/showdown-town

OUTDOOR MOVIES @ FREEDOM PA RK Ed w ard s | July 8, A ug ust 12 For the second summer in a row, Mountain Rec is partnering with Mountain Youth to bring you four free movies under the stars at Edwards Freedom Park! Bring your own picnic, don't forget your headlamps/flashlights and blankets, and enjoy a movie with friends and family.

MountainRec.org/outdoor-movie-series

Visit DiscoverVail.com for up-to-date information on events returning this summer & fall.

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O UR FA V O RITES: HIK ES BEGINNER Buck Creek Trail | A von Overlook Trail | A von Eag le River Trail | Eag le-Ed w ard s Boneyard t o Pool & Ice Rink | Eag le

INTERMEDIA TE Up p er Piney River Falls Trail | Vail Beaver Lake Trail | Beaver Creek

EXPERT Pit kin Lake Trail | East Vail Lionshead Rock | Mint urn

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OUR FA VORITES: EA TERIES

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QUICK BITES Vail | The Georg e Vail | Big Bear Bist ro Eag leVail | Rocky Mount ain Taco Ed w ard s | Villag e Bag el

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CA SUA L DINING A von | Ticino Ed w ard s | Gore Rang e Brew ery Ed w ard s | Drunken Goat

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FINE DINING Vail Valley | Grazing Fox Ed w ard s | Junip er Eag le | The A ssem b ly

*Mention this newsletter and The Grazing Fox will add a few of their favorite products to your next order!

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VailRealEst at e.com