Eight properties went under contract and seven properties sold in the Vail Resort community during the month of January on a total dollar volume of $18,955,000. Average sold price per square foot was $1,655/sq.ft. and the average sales price was $2,707,000. The highest priced sale was a 4 bedroom Solaris Residence which closed for $6,400,000.
 
Based on the current rate of sales, there is approximately a 2.9 year supply of homes in Vail, Lionshead and Cascade Village with an estimated market time of 207 days.
 

YEAR OVER YEAR COMPARISON
  
As a basis for comparison, the following are statistics from January 2011:
 
Number of transactions: 5*
Total dollar volume: $24,220,000
Average price per sq.ft: $1,620/sq.ft.
Average sales price: $4,844,000
 
*4 of the 5 transactions in the month of January 2011 involved new development properties at the Ritz Carlton and Solaris Residences. 
 
Please contact me if you would like specific information regarding your home or other Vail properties.