Tale of Two Real Estate Markets in The Vail Valley

There is a Tale of Two Markets occurring right now in the Vail Valley.

The valley floor is, in a word, HOT.  With multiple offers coming in for new listings from Gypsum to EagleVail, it's evident that pent-up demand, low interest rates and a declining inventory has made home buying this spring a priority for many purchasing in the neighborhood communities.

Prudential Real Estate Q1 National Outlook Survey

Prudential Real Estate Q1 Outlook Survey: Consumer Confidence in Real Estate, Home Prices Reaches Year-Long High

IRVINE, Calif. – Prudential Real Estate, an HSF Affiliates LLC company, today released results of its first quarter Consumer Outlook Survey showing that Americans’ sentiment toward real estate is growing increasingly favorable. A full 77% of consumers feel that the real estate market and property values will recover, representing a four-point improvement from year-end results and seven-point jump over the same period a year ago.

First Quarter Vail Real Estate News

The first quarter of 2013 has been referred to as a "pause" in the Vail Valley residential real estate market.  Overall residential sales are down 25% in dollar volume and down 8% in units compared to Q1 of 2012.  A few of the reasons include: buyers closing early on properties before the end of 2012 that would normally have closed in the first quarter (e.g.

New Berkshire Hathaway HomeServices Branding Just Announced at Prudential Conference

Today, HSF Affiliates LLCSM unveiled the new Berkshire Hathaway HomeServices brand logo and quality seal at the annual Prudential Real Estate Sales Convention, signaling a historic moment in the residential real estate industry. From the stage of Caesars Palace in Las Vegas, Prudential real estate agents and brokers got a first-hand look at the brand’s new visual identity.

Vail Real Estate Market Had A Positive Start in 2013

The start of 2013 has been a positive one in terms of market activity. Showings and offers are being made, however, the difference between the more frenzied pace of the 4th quarter of 2012 and the start of this year is that inventory levels are low and buyers and sellers are having a more difficult time finding "market price". This has resulted in a more sluggish closing volume - but not affecting activity.

Vail Colorado's Prudential Colorado Properties is named one of the top Prudential companies

PRUDENTIAL COLORADO PROPERTIES NAMED ONE OF PRUDENTIAL REAL ESTATE NETWORK’S TOP COMPANIES

Vail Real Estate Sales In 2012 Showed A Steady Recovery

The Vail Valley continues a steady recovery. With snow aplenty and buyers and sellers active in the marketplace, December capped off a solid year for real estate in the Vail Valley.  Overall, residential sales in 2012 increased by 31% from 2011.  Limited inventory, low interest rates and some prime properties accounted for a 27% increase in dollar volume.  Activity was felt throughout the valley, from Vail Village and Lionshead to Beaver Creek Resort, mid-valley and the communities of Eagle and Gypsum.

Vail Village brokers move to our Lionshead location

Prudential Colorado Properties, the real estate firm founded in Vail, Colorado 41 years ago, has relocated its office in Vail Village to the newly remodeled Prudential Lionshead location at the entrance to the Lionshead Mall.  “Lionshead is our original office and a key location for us.  Our ability to serve clients throughout Vail is enhanced by the new office, technology associated with it and convenient access,” said Michael Slevin, owner/broker.  Brokers making the transition to the new office are Timm Kluender, Mikel Obourn, Pete Denise, Frank McKibben and Carol

Lowest Vail Real Estate Listing Inventory Since March 2007

This week marks a true milestone.
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Vail real estate offered by Prudential Colorado Properties. Find the Colorado real estate you are looking for here, first. In addition to Vail, Colorado, we also offer real estate listings of properties for sale in the following Colorado mountain communities; Beaver Creek, Avon, Arrowhead, Edwards, Eagle, and Gypsum as well as several other great Colorado places to enjoy your lifestyle, like ski properties and golf homes. Here you will also find hot Vail interval ownership properties too. Contact one of our Vail valley real estate offices today and find out why we are the leader in helping people buy and sell real estate throughout this Colorado valley.

An independently owned and operated broker member of BRER Affiliates LLC. Prudential, the Prudential logo and the Rock symbol are registered service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license with no other affiliation of Prudential. Equal Housing Opportunity