Homestead Neighborhood Guide

HOMESTEAD EDWARDS, COLORADO NEIGHBORHOOD GUIDE

livsothebysrealty.com Generated on March 4, 2021

ABOUT HOMESTEAD Homestead is a desirable locale in the Vail Valley as it is ideally situated on the south side of Edwards, providing quick access to nearby shops, restaurants and a movie theater. A thriving community, Homestead is made up of three subdivisions; Lower Homestead, Middle Homestead and Upper Homestead. The Homestead Court Club provides a variety of tness options to the community including a weight room, tennis, racquet ball, swimming, spinning, ski conditioning, and cardio equipment. Beautiful views of the surrounding Vail Valley can be seen throughout Homestead, including the New York Mountain Range, while allowing for easy access to a variety of outdoor activities year-round including hiking, biking, rafting and skiing. Generated on March 4, 2021

MARKET TRENDS Homestead market trends indicate an increase of $141 (52%) in the average price per square foot over the past 6 months. The average sales price over that same period fell from $1,197,000 to $1,100,000, whilst the median rent for this area is $1,858 The average time on market for properties in this area is 47 days and buyers can expect to pay 98% of the seller’s asking price. AVERAGE SALES PRICE

HOMES SOLD PER MONTH

$1,013,851

4

6 MONTH AVERAGE

AVERAGE DAYS ON MARKET

EXPECT TO PAY

AVERAGE PRICE PER SQUARE FOOT

47

98%

$372

DAYS

OF ASKING PRICE

6 MONTH AVERAGE

MEDIAN RENT PER MONTH

$1858

RENTER VS OWNER OCCUPIED

17% 83%

RENT

Generated on March 4, 2021

AVERAGE YEAR BUILT

1997

OWN

Data provided by American Community Survey and the local MLS.

NUMBER OF HOMES SOLD Homestead

81632

Edwards

80 60 40 20 0

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Oct

Nov

Dec

Jan

Feb

Oct

Nov

Dec

Jan

Feb

AVERAGE PRICE PER SQUARE FOOT Homestead

81632

Edwards

600 500 400 300 200

Mar

Apr

May

Jun

Jul

Aug

Sep

MEDIAN SALES PRICE Homestead

81632

Edwards

2500000 2000000 1500000 1000000 500000

Mar

Apr

Generated on March 4, 2021

May

Jun

Jul

Aug

Sep

Data provided by American Community Survey and the local MLS.

DEMOGRAPHICS

RESIDENTS

MEDIAN HOUSEHOLD INCOME

2,489

$126,000

EDUCATION LEVELS High School or less College, 1 to 2 years

Doctoral degree

0 to 19 Years Old

11.8%

31.9%

20 to 34 Years

20.0%

Bachelor's degree Master's degree

AGE

42.5%

20.8%

35 to 59 Years

32.7%

60 to 69 Years

16.4%

10.1%

70 Years and Over

9.3%

4.4%

MARITAL STATUS UNEMPLOYMENT RATE

47%

1%

53%

NOT MARRIED

Generated on March 4, 2021

MARRIED

EAGLE COUNTY SCHOOL DISTRICT NO. RE 50

20 SCHOOLS IN EAGLE COUNTY SCHOOL DISTRICT NO. RE 50

EDWARDS ELEMENTARY SCHOOL

BERRY CREEK MIDDLE SCHOOL

16:1

69/124

STUDENT TO TEACHER RATIO

DISTRICT RANK

Generated on March 4, 2021

BATTLE MOUNTAIN HIGH SCHOOL

DISTRICT RATING

Data provided by National Center for Education Statistics and SchoolDigger™.

TOP RATED SCHOOLS

143 2

EAGLE COUNTY SCHOOL DISTRICT NO. RE 50 ELEMENTARY SCHOOLS

GRADES

ENROLLMENT

STU-TCH RATIO

1

EDWARDS ELEMENTARY SCHOOL

PK - 5

305

15:1

2

JUNE CREEK ELEMENTARY SCHOOL

PK - 5

317

12:1

6-8

340

13:1

9 - 12

896

18:1

RATING

MIDDLE SCHOOLS 3

BERRY CREEK MIDDLE SCHOOL

HIGH SCHOOLS 4

BATTLE MOUNTAIN HIGH SCHOOL

Generated on March 4, 2021

Data provided by National Center for Education Statistics and SchoolDigger™.

TOP LOCAL BUSINESSES DINING

NAME