WEST VAIL / CASCADE 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
Vail, Colorado
Highlights
West Vail / Cascade NEIGHBORHOOD MARKET REPORT
February 2021
HOMES SOLD
AVERAGE PRICE
EXPECT TO PAY
LAST MONTH
LAST 6 MONTHS
LAST 6 MONTHS
2
$1,475,065
96%
Jan 2021: 2
$1,557,500 in Jan 2021
Of asking price
Mar 2020: 1
$820,000 in Mar 2020
Compared to city 96%
Sales
Market Hotness
2 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 $617,000. February was down from $1,557,500 in January, and down from $820,000 in March of 2020.
Market time Average days on market for the West Vail / Cascade neighborhood in February was 43, down from 52 in January.
Vail, Colorado
West Vail / Cascade
Based on six-month median days on market.
Market Trends
West Vail / Cascade NEIGHBORHOOD MARKET REPORT
February 2021
NUMBER OF HOMES SOLD West Vail / Cascade
81657
Vail
60 45 30 15 0
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
MEDIAN SALE PRICE Based on total units sold West Vail / Cascade
81657
Vail
3400000 2550000 1700000 850000 0
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
AVERAGE PRICE PER SQUARE FOOT West Vail / Cascade
81657
Vail
1500 1200 900 600 300
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Data provided by American Community Survey and the local MLS.
Market Activity
West Vail / Cascade NEIGHBORHOOD MARKET REPORT
February 2021
Recently Sold ADDRESS
SOLD DATE
BED
BATH
SQFT
SOLD PRICE
2637 KINNIKINNICK ROAD #D-2
Feb 24 2021
3
2
1,604
$810,000
2111 N FRONTAGE #A-4
Feb 01 2021
3
2
1,330
$465,000
2735 SNOWBERRY DRIVE #B
Jan 22 2021
4
5
2,633
$1,990,000
1652 MATTERHORN CIRCLE
Jan 15 2021
3
3
2,020
$1,245,000
2317 GARMISCH DRIVE
Dec 29 2020
6
6
4,404
$1,750,000
2337 SEQUOIA DRIVE
Dec 29 2020
5
6
4,344
$2,795,000
2095 VERMONT ROAD #WEST
Dec 23 2020
6
6
4,474
$2,095,000
2014 W GORE CREEK DRIVE #2
Dec 16 2020
4
4
N/A
$1,275,000
2745 SNOWBERRY DRIVE
Dec 09 2020
5
5
4,454
$3,900,000
3120 BELLFLOWER DRIVE
Dec 04 2020
4
3
1,717
$799,000
2289 CHAMONIX #4
Dec 01 2020
2
2
1,040
$738,000
2833 KINNIKINNICK ROAD #4
Dec 01 2020
3
2
N/A
$685,000
LIST DATE
BED
BATH
SQFT
LIST PRICE
2059 CHAMONIX LANE #5
Dec 21 2020
1
1
600
$415,000
2468 GARMISCH DRIVE
Oct 27 2020
5
5
4,600
$2,800,000
1779 SIERRA TRAIL
Jun 19 2020
5
5
3,366
$2,250,000
1759 SIERRA #D
Dec 06 2019
5
5
3,896
$1,785,000
2065 GORE CREEK DRIVE W #14
Jun 28 2019
3
3
1,705
$1,736,000
Recently Listed ADDRESS
Data provided by American Community Survey and the local MLS.