Vail Valley 2021 Year End Market Report

February 16, 2022
Eagle County Real Estate Market report

2021 Record-Setting Year for Eagle Country Real Estate

According to Land Title Guarantee Company in Vail, Eagle County set an all-time record in 2021 with $4,282,364,721 in total dollar volume over 2,795 sales, which surpassed the previous record from last year by nearly $800M. The overall average price of real estate reached a staggering $1,551,966 and a median price of $825,000. As you can see by the graph below, both are record highs.

Vail Valley Market Report Data

– $1,551,966: The overall average sales price in Eagle County. The highest ever!
– $825,000: The median sales price. The highest ever!
– $615M: Total dollar volume in Vail Village. The highest of any area.
– 354: Residential vacant land sales.
– 124: Number of home sales over $5M, which account for 6% of all home sales.
 $34,000,000: The highest-priced home sale.
– $6,536: The highest PPSF.
– 227: Commercial sales.
– $2,054,726: The average sales price of a single-family home throughout Eagle County.
– 27%: The percent increase in single-family homes.
– $873: The average PPSF for a multifamily home; an increase of 22% over last year.
– 896: Or 32%, is the number of out-of-state buyers.
– 32%: Percent of out-of-state home buyers.
– 228: The number of properties purchased by buyers from Texas.
– 42%: Percent of properties purchased with cash.
– 138: Number of new construction homes sold.
– 68%: Percent increase over the last year for a vacant lot in Cordillera.
– $990: PPSF for a multi-family home in Beaver Creek (a 21% increase compared to 2020).
– $7,905,394: The average price of a single-family home in Pitkin County, compared to $2.25M in Eagle County.
– 24%: Percent increase in the average home price in Summit County from 2020 to 2021.
– $13.6B: The combined sales volume for Eagle, Pitkin, Routt, and Summit Counties (an 18% increase compared to 2020).

You Might Also Like

No Comments

Leave a Reply