EV Real Estate Vail Valley Market Report | Up-Valley Q2, 2023

2023 UP- VALLEY

QUARTER TWO

MARKET PERFORMANCE

UP-VALLEY

REAL ESTATE IN THE VAIL VALLEY, COLORADO

Throughout the upper Vail Valley, you'll find an incomparable blend of luxury Vail and Beaver Creek ski homes to full-time neighborhoods in close proximity to exciting outdoor activities and events. Engel & Völkers Vail and Beaver Creek represent an amazing variety of real estate. Across the Vail Valley, every property is special, and we understand the unique real estate opportunities that arise every day in this exceptional region of the Rocky Mountains.

Q2 Market Update

EAST VAIL

// East Vail // Surrounded on both sides by the tall pines of the White River National forest, this area is the destination for both hiking and snowshoeing. Waterfalls and tributaries slice through the neighborhood as they rush into the Gore Creek.

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Q2 Market Update

BOOTH CREEK

// Booth Creek // Located on the north side of Vail and just two miles west of the Village. Home to both single-family homes and spacious condominium complexes, which offer hiking and mountain biking directly out one’s backdoor. The close proximity of homes to skiing, shopping and recreation makes this a prime choice.

NUMBER OF CLOSINGS IN SECOND QUARTER

AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER

Q2 Market Update

VAIL GOLF COURSE

// Vail Golf Course // Only minutes from Vail Village this neighborhood has unmatched properties with large, flat, private lots. Homes have easy access to either the Golf Course or Public Land. Take the bus in the winter or walk in the summer to Vail Village.

NUMBER OF CLOSINGS IN SECOND QUARTER

AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER

Q2 Market Update

VAIL VILLAGE

// Downtown // Vail Village, known as the heart of Vail, is the valley’s most desirable address. With cobblestone streets, a mix of European and American influenced architecture, and meandering pedestrian streets with bridges that cross over streams, Vail is brimming with charm.

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AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER

Q2 Market Update

VAIL VILLAGE

Bedroom Condo // Vail Village, known as the heart of Vail, is the valley’s most desirable address. With cobblestone streets, a mix of European and American influenced architecture, and meandering pedestrian streets with bridges that cross over streams, Vail is brimming with charm.

NUMBER OF CLOSINGS IN SECOND QUARTER

AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER

Q2 Market Update

VAIL VILLAGE

4+ Bedroom Condos // Vail Village, known as the heart of Vail, is the valley’s most desirable address. Sitting at 8,200 feet, Vail Village is an elegant combination of ski shops and boutiques, bars and restaurants, hotels, private homes, and high-end condos.

NUMBER OF CLOSINGS IN SECOND QUARTER

AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER

Q2 Market Update

VAIL VILLAGE

// Studio + 1 Bedroom // Vail Village, known as the heart of Vail, is the valley’s most desirable address. With cobblestone streets, a mix of European and American influenced architecture, and meandering pedestrian streets with bridges that cross over streams, Vail is brimming with charm.

NUMBER OF CLOSINGS IN SECOND QUARTER

PRICE PER SQUARE FOOT IN SECOND QUARTER

Q2 Market Update

VAIL VILLAGE

NUMBER OF CLOSINGS IN SECOND QUARTER

1 7 3 1

$3238 $2371

Q2 Market Update

SPRADDLE CREEK

// Spraddle Creek // Overlooking Vail from an elevated point, these multi-million dollar castles are unlike any other properties in the Valley

Q2 Market Update

LIONSHEAD VILLAGE

// Lionshead Village // With access to a variety of trails, hikers and bikers can jump onto rugged hiking trails right out their front door. Gore Creek, with its Gold Medal fishing waters, winds its way towards the Eagle River. Several beautifully maintained parks and other outdoor amenities contribute to the benefits of living in West Vail.

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AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER

Q2 Market Update

CASCADE VILLAGE

// Cascade Village // Vail’s western most lift access area, anchored by the Cascade Hotel and Resort. The Aria spa and health club, multiple pools, tennis and gold medal fishing create a five-star neighborhood. Grand single-family homes line the banks of the Gore Creek. Access is limited to only one driveway ensuring residents the utmost privacy.

NUMBER OF CLOSINGS IN SECOND QUARTER

AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER

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Q2 Market Update

SANDSTONE AND LIONSRIDGE

// Sandstone and Lionsridge // A popular area for full-time locals and second-homeowners alike, directly across from Vail Mountain, most properties boast exceptional mountain views. Prices of homes in this area are far lower than those in Vail Village making it an attractive location for clientele looking for easy access to the mountain at a more affordable price point.

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AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER

Q2 Market Update

POTATO PATCH

// Potato Patch // With direct views of Vail Mountain, this south-facing neighborhood is warmed by the sun all year long. Easy access by car or shuttle to Vail mountain. Prices are quite a bit lower here than in the ski village. And most buildings have pools and hot tubs. A truly hidden gem!

NUMBER OF CLOSINGS IN SECOND QUARTER

AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER

Q2 Market Update

BUFFEHR CREEK

// Buffehr Creek // Tucked behind and above Lionsridge, this private neighborhood boasts some of the most spectacular views of Vail Mountain. Only minutes from West Vail and numerous hiking trails from your backyard creates a special slice of Vail heaven.

Q2 Market Update

HIGHLANDS MEADOW

// Highlands Meadow // Located within West Vail South this neighborhood gives you privacy and on the hill views. Homes are typically larger duplexes or single family residences.

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Market Update

WEST VAIL NORTH

WEST VAIL SOUTH

Q2 Market Update

VAIL VILLAGE FRACTIONAL