Bachelor Gulch Market Report

Page 1

BACHELOR GULCH NEIGHBORHOOD MARKET REPORT

February 2021

David McHugh, Jeffrey Morgan & Heather Losa #1 Real Estate Team in Colorado Ski Country with $550 million in close sales in 2020 Member of The Wall Street Journal and Barron's Leaders in Real Estate Ranked as one off America’s Best Real Estate Agents in 2019, 2018 and 2017 Ranked in the Top .01% of Real Estate Brokers in Colorado

#1 Broker in the Vail Valley with LIV Sotheby’s International Realty in 2016, #2 in 2018 & 2017

Avon, Colorado


Highlights

Bachelor Gulch NEIGHBORHOOD MARKET REPORT

February 2021

HOMES SOLD

AVERAGE PRICE

EXPECT TO PAY

LAST MONTH

LAST 6 MONTHS

LAST 6 MONTHS

4

$3,446,363

95%

Jan 2021: 6

$2,170,833 in Jan 2021

Of asking price

Mar 2020: 4

$3,026,250 in Mar 2020

Compared to city 96%

Sales

Market Hotness

4 homes were sold in February. On average the sales price was 3% above the listing price.

SLOWER MARKET: Homes stay on the market slightly longer than the city average.

Prices Average sales price in February was $5,572,188. February was up from $2,170,833 in January, and up from $3,026,250 in March of 2020.

Market time Average days on market for the Bachelor Gulch neighborhood in February was 36, down from 161 in January.

Edwards, Colorado

Bachelor Gulch

Based on six-month median days on market.


Market Trends

Bachelor Gulch NEIGHBORHOOD MARKET REPORT

February 2021

NUMBER OF HOMES SOLD Bachelor Gulch

81620

Avon

100 75 50 25 0

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

MEDIAN SALE PRICE Based on total units sold Bachelor Gulch

81620

Avon

6000000 4500000 3000000 1500000 0

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

AVERAGE PRICE PER SQUARE FOOT Bachelor Gulch

81620

Avon

1200 1000 800 600 400

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Data provided by American Community Survey and the local MLS.


Market Activity

Bachelor Gulch NEIGHBORHOOD MARKET REPORT

February 2021

Recently Sold ADDRESS

SOLD DATE

BED

BATH

SQFT

SOLD PRICE

320 HUMMINGBIRD #A102

Mar 03 2021

3

4

2,200

$2,425,000

268 BACHELOR RIDGE ROAD

Mar 02 2021

4

4

2,929

$2,249,000

300 PRATER #B-402

Mar 02 2021

3

4

1,735

$1,895,000

1264 BACHELOR RIDGE ROAD

Feb 26 2021

4

6

3,523

$3,495,000

2916 DAYBREAK RIDGE

Feb 16 2021

6

8

8,442

$8,995,000

89 HUMMINGBIRD

Feb 02 2021

5

5

5,297

$6,575,000

90 BUCKHORN LANE

Feb 01 2021

4

5

3,621

$3,975,000

130 DAYBREAK #HS725

Jan 28 2021

2

2

1,334

$1,035,000

31 BUCKHORN LANE

Jan 28 2021

3

4

2,494

$2,525,000

130 DAYBREAK RIDGE #HS625

Jan 22 2021

2

2

1,333

$1,359,000

130 DAYBREAK #HS319

Jan 20 2021

2

2

1,325

$1,297,000

130 DAYBREAK ROAD #HS632

Jan 14 2021

2

2

1,514

$1,599,900

LIST DATE

BED

BATH

SQFT

LIST PRICE

130 DAYBREAK RIDGE #1006

Feb 05 2021

3

4

2,283

$4,295,000

259 ELKHORN

Jan 21 2021

5

7

8,131

$9,150,000

130 DAYBREAK RIDGE #HS641

Dec 21 2020

1

1

886

$945,000

130 DAYBREAK #R905

Dec 20 2020

3

4

2,620

$5,995,000

130 DAYBREAK #R908

Dec 17 2020

5

6

4,832

$9,495,000

2201 DAYBREAK RIDGE

Dec 16 2020

6

8

10,660

$11,650,000

130 DAYBREAK RIDGE #HS330

Dec 11 2020

1

2

993

$885,000

3389 DAYBREAK RIDGE

Dec 02 2020

9

11

8,627

$8,995,000

130 DAYBREAK RIDGE ROAD #R906

Oct 14 2020

3

4

2,653

$4,750,000

919 BACHELOR RIDGE

Sep 26 2020

7

9

10,453

$10,995,000

1026 BACHELOR RIDGE ROAD

Aug 29 2020

7

8

6,986

$6,998,000

924 BACHELOR RIDGE ROAD

Dec 17 2019

6

7

9,858

$9,950,000

Recently Listed ADDRESS

Data provided by American Community Survey and the local MLS.


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