Q4 2023 Market Report - Vail Valley

YEAR-END 2023

Quarterly Market Report V A I L V A L L E Y, C O L O R A D O

AT A G L A N C E

The Vail Valley

Jan - Dec

2023

% Change YTD 2022 vs 2023

Median Sold Price

$1,505,000

25.5%

Properties Sold

912

-20.3%

Average Days on Market

75

63.0%

Average Price per Sq. Ft.

$977

13.5%

% Sold Price, to List Price

97.0%

-2.1%

Data based on sales in Eagle County, all residential properties.

2 | livsothebysrealty.com

MEDIAN SOLD PRICE January - December 2023

Total Sales Volume

$2,087,906,758

$2.2M $1.9M $1.6M $1.3M

2022 vs 2023 % Change

$1.0M

- 13.0%

Jan Feb Mar Apr May Jun

Jul

Aug Sep Oct Nov Dec

AV E R AG E DAYS O N M A R K E T January - December 2023 147

108 90

91

79

68 47

Jan

45

Feb

Mar

Apr

57

60

60

Sep

Oct

Nov

46

May

Jun

Jul

Aug

Dec

TOTA L SA L ES VO LU M E January - December 2023

$300M $250M $200M $150M

Jan Feb Mar Apr May Jun Jul

$175M

$158M

$189M

$297M

$269M

$147M

$166M

$147M

$145M

$167M

$20,500,000

$129M

Highest Sold Price

$99M

$100M

Aug Sep Oct Nov Dec

Based on Information from Vail Board of Realtors® for the period January 1st, 2023 - December 31st, 2023 (Powered by LiveBy). This representation is based in whole or in part on data supplied by Vail Board of Realtors®. Vail Board of Realtors® does not guarantee nor is in any way responsible for its accuracy. Data maintained by Vail Board of Realtors® may not reflect all real estate activity in the market.

January - December 2023 | 3

The Vail Valley In the Vail Valley, alpine adventures await with plenty of skiing, biking, and golf for any outdoor enthusiast. A wilderness hike is the perfect summer activity, and in the winter, many enjoy snowmobiling. With so many activities to choose from, it’s easy to see how the real estate market in the Vail Valley has held strong. The Vail Valley also boasts an enviable arts scene, with entertainment ranging from jazz, ballet, and opera to bluegrass and rock at the Gerald R. Ford Amphitheater in Vail and the Vilar Performing Arts Center in Beaver Creek.

4 | livsothebysrealty.com

Properties Sold

Median Sold Price

Average Days on Market

Town of Vail

89

$2,900,000

83

Live Data

Beaver Creek

71

$1,875,000

134

Live Data

Bachelor Gulch

24

$3,810,750

50

Live Data

Arrowhead

41

$2,850,000

50

Live Data

Avon

136

$1,775,000

111

Live Data

Edwards

177

$2,300,000

60

Live Data

Gypsum

100

$729,500

39

Live Data

Live Data

Click for Live Data

Click for Community Data

January - December 2023 | 5

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ColoradoMarketReports.com © 2024 LIV Sotheby’s International Realty. All Rights Reserved. LIV Sotheby’s International Realty® is a registered trademark and used with permission. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Equal Housing Opportunity.