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VAIL VALLEY LUXURY MARKET
Known for its stunning views of the Gore Range, world-class ski resorts, and endless outdoor adventures, the Vail Valley is a favorite destination for luxury real estate consumers in Colorado. In 2022 compared to 2021, the number of luxury listings sold within Eagle County—home to the Vail Valley—decreased by 23.6%. However, the average list price rose by 3.9% to $6,221,708. The average price per square foot throughout the county rose 4.3% to $1,467 in 2022.
The Arrowhead community saw a 13.0% decrease in number of luxury properties sold, from 23 homes in 2021 to 20 homes in 2022. That neighborhood’s highest priced home was $15,500,000 compared to $10,600,000 during the previous year.
Luxury properties in the Town of Vail saw a small dip in the average price per square foot, down 1.7% to $2,076 for the year. The average list price was also down slightly from $7,085,731 to $7,058,500 compared to 2021.
Homes in the Vail Golf Course community had an average price per square foot of $1,620, which was a 6.0% increase over $1,528 in the previous year. That neighborhood had just a slight decrease in the average list price from $7,080,000 to $7,050,000.
30.4%
The average sale price in Arrowhead increased by 30.4% in the first half of 2022 compared to that of 2021.
47.8% The average number of days on market in Beaver Creek decreased by 47.8% in 2022 compared to that of 2021.
57.7%
The average number of days on market in the Town of Vail decreased by 57.7% in 2022 compared to that of 2021.
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33.2%
The average sale price in Lionshead increased by 33.2% in 2022 compared to that of 2021.
22.3%
The average sale price in Vail Golf Course increased by 22.3% in 2022 compared to that of 2021.
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67.7%
The average number of days on market in Mountain Star decreased by 67.7% in 2022 compared to that of 2021.