Eagle County real estate numbers continue to improve
Vail, CO Colorado
EAGLE COUNTY, Colorado – Eagle County real estate numbers continue to show strength over 2011 numbers, according to data released this week by Land Title Guarantee Co. in Eagle. There were 154 transactions with $135 million in dollar volume for November. The previous year, there were 121 transactions and $124.9 million in sales.
The under $500,000 category for November was the most active with 80 residential sales, accounting for 61 percent of the transactions and 19 percent of the total dollar volume.
Year-to-date, this brings the total to 1,518 transactions and-$1.28 billion in dollar volume through November, a 24 percent increase over 2011 in both categories. The year-to-date overall average sales price is $858,266.
There were 22 bank sales in November, bringing the year’s total through November to 288 and more than $86 million in dollar volume.
Commercial transactions have also picked up with nine sales in November and 69 transactions year-to-date.
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The Longevity Project is an annual campaign to help educate readers about what it takes to live a long, fulfilling life in our valley. This year Kevin shares his story of hope and celebration of life with his presentation Cracked, Not Broken as we explore the critical and relevant topic of mental health.
The high-end properties over $4 million continue to make an impact with six transactions-in November. The highest of these sales-was a Strawberry Park home in Beaver Creek which sold for $11.9 million.
Among other highlights:
• The average price for a single family home was $1,169,601.
• 82 percent of the transactions in Eagle County sold for less than $1 million.
• Eagle and Gypsum accounted for nearly 30 percent of all transactions.