LAKE CREEK 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
Edwards, Colorado
Highlights
Lake Creek NEIGHBORHOOD MARKET REPORT
February 2021
HOMES SOLD
AVERAGE PRICE
EXPECT TO PAY
LAST MONTH
LAST 6 MONTHS
LAST 6 MONTHS
2
$2,195,024
95% Of asking price
$2,000,000 in Mar 2020
Compared to city 96%
Sales
Market Hotness
2 homes were sold in February. On average the sales price was 18% above the listing price.
SLOW MARKET: Homes are selling signi cantly slower than the city average, sometimes by months.
Prices Average sales price in February was $3,862,500. , and up from $2,000,000 in March of 2020.
Market time Average days on market for the Lake Creek neighborhood in February was 74, up from n/a in January.
Edwards, Colorado
Lake Creek
Based on six-month median days on market.
Market Trends
Lake Creek NEIGHBORHOOD MARKET REPORT
February 2021
NUMBER OF HOMES SOLD Lake Creek
81632
Edwards
80 60 40 20 0
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
MEDIAN SALE PRICE Based on total units sold Lake Creek
81632
Edwards
4000000 3200000 2400000 1600000 800000
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
AVERAGE PRICE PER SQUARE FOOT Lake Creek
81632
Edwards
585 520 455 390 325
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Data provided by American Community Survey and the local MLS.
Market Activity
Lake Creek NEIGHBORHOOD MARKET REPORT
February 2021
Recently Sold ADDRESS
SOLD DATE
BED
BATH
SQFT
SOLD PRICE
460 ROLLING HILLS DRIVE
Feb 18 2021
9
12
14,677
$6,495,000
474 EAGLE CREST ROAD
Feb 17 2021
5
6
7,570
$3,400,000
206 N BRETT
Nov 02 2020
3
4
2,605
$949,000
160 BRETT TRAIL
Oct 30 2020
5
6
3,074
$1,059,000
2100 LAKE CREEK ROAD
Oct 30 2020
5
5
4,877
$3,350,000
477 PILGRIM DRIVE
Oct 29 2020
6
9
7,529
$3,575,000
385 RIDGE ROAD
Oct 26 2020
6
5
4,888
$2,895,000
134 N BRETT TRAIL #7
Oct 19 2020
5
6
3,074
$1,024,000
1470 LAKE CREEK ROAD
Oct 19 2020
5
6
5,400
$3,995,000
470 OLD CREAMERY ROAD
Oct 13 2020
4
5
6,366
$3,995,000
128 N BRETT TRAIL
Oct 02 2020
4
5
2,826
$949,000
110 N BRETT TRAIL
Oct 01 2020
4
5
2,833
$998,000
LIST DATE
BED
BATH
SQFT
LIST PRICE
575 PILGRIM DRIVE
Feb 09 2021
8
9
8,922
$5,199,000
1531 LAKE CREEK ROAD
Dec 17 2020
4
5
5,832
$4,750,000
476 PILGRIM DRIVE
Nov 11 2020
5
6
7,736
$8,195,000
25 CASTEEL CREEK ROAD
Oct 15 2019
8
16
32,000
$78,000,000
Recently Listed ADDRESS
Data provided by American Community Survey and the local MLS.