July was a massive month for real estate in the Vail Valley! Our market remains very strong with low inventory and high buyer interest and demand. With interest rates at record lows, many buyers who would typically purchase a property with cash are borrowing due to the low cost of money these days. in June, 35% of sales were between $500,000 and $1M, the sweet spot in our local market. Properties under $500,000 have been going quickly, often in a matter of a few hours! We expect the market to continue this way through the Fall and hopefully into 2021 and this coming winter.