Vail Valley Ski Homes Market Snapshot, May 2015

Condo Prices

A total of 10 single family ski homes sold in Eagle County for the first four months of 2015, according to the Vail Multiple Listings Service. All but four of these homes sold in Beaver Creek, but Bachelor Gulch claimed the top sale with a $10,250,000 purchase. Average sale price for a Beaver Creek single family home for this period was $802 per square foot, which was 87 percent of the average list price of $921. The average Beaver Creek home was on the market just shy of a year – 363 days – before selling.

Three single family ski homes sold in Arrowhead, for an average sale price of $586 per square foot, which was 93 percent of the average list price of $628.  Arrowhead homes spent an average of 410 days on the market before sale.

Condos and Townhomes

The Vail Multiple Listing Service recorded 76 ski condo and townhouse sales for the first four months of 2015. The biggest sale of the period was a Vail Village Plaza condo selling for $7,240,000. Twenty ski condos sold in Vail Village in total. Average sale price for a Vail Village ski condo was $1,477 per square foot, representing 94.7% of the average list price of $1,560 per square foot. The average Vail Village condo was on the market for 229 days before sale.

 Lionshead: Eleven condominiums were recorded in Lionshead, after an average of 279 days on market.  Average sale price per square foot was $1,158, representing 93.8% of the average list price of $1235.

Beaver Creek: Twenty-five total condo and townhouse sales were recorded in Beaver Creek, where the average listing spent 219 days on market. Fifteen Beaver Creek ski condos sold for an average price of $695, representing 95% of the $729 listing average. Ten Beaver Creek Townhomes sold for an average of $666 per square foot, representing 94% of the average list price of $710.

Bachelor Gulch: Twelve condominium sales were recorded in Bachelor Gulch, where the average listing spent 103 days on market. Average sale price for a Bachelor Gulch ski condo was $856, representing 98% of the average list price of $870.

Arrowhead: Eight condominium sales were recorded in Arrowhead, where the average listing spent 260 days on market. Average sale price for an Arrowhead ski condo was $527, representing 96% of the average list price of 549.

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