Eagle County closed the year with 1,250 transactions, a 33% increase over 2009. Totaling nearly $1.5 billion, this represents a 67% increase in dollar volume over last year.
41% of all transactions had a sales price of less than $500,000
60 Sales over $4 Million
The 2nd Highest Average Price Per Transaction, at $1,197,738
(2008 was higher with an average of $1,391,605)
New developments made a significant contribution to the overall numbers in 2010.
Sales summary of the larger new projects in Eagle County:
Westin:
$47,375,600 Gross Volume, $570,790 Average Purchase Price, $650 Average Price Per Sq Ft, 83 Sales in 2010
Solaris:
$124,821,800 Gross Volume, $6,934,544 Average Purchase Price, $2,462 Average Price Per Sq Ft, with 18 Sales in 2010
Arrabelle:
$38,830,000 Gross Volume, $3,530,000 Average Purchase Price, $1,351 Average Price Per Sq Ft, with 11 Sales in 2010
Ritz Carlton Vail:
$42,486,000 Gross Volume, $3,034,714 Average Purchase Price, $1,379 Average Price Per Sq Ft, with 14 Sales in 2010, plus the bulk sale of 45 Residences for fractional ownership at $110,890,000
Single Family homes accounted for 34% of all transactions. In 2010, the average price of a single family home decreased by 4% from 2009, coming in at $1.26 million.
There were 599 high-end condominium projects/multifamily homes sales accounting for 48% of the total, with an average sales price of $1.15 million. This is up $250,000 per sale over 2009.
2010 Ends Well Above 2009
Eagle County closed the year with 1,250 transactions, a 33% increase over 2009. Totaling nearly $1.5 billion, this represents a 67% increase in dollar volume over last year.
41% of all transactions had a sales price of less than $500,000
60 Sales over $4 Million
The 2nd Highest Average Price Per Transaction, at $1,197,738
(2008 was higher with an average of $1,391,605)
New developments made a significant contribution to the overall numbers in 2010.
Sales summary of the larger new projects in Eagle County:
Westin:
$47,375,600 Gross Volume, $570,790 Average Purchase Price, $650 Average Price Per Sq Ft, 83 Sales in 2010
Solaris:
$124,821,800 Gross Volume, $6,934,544 Average Purchase Price, $2,462 Average Price Per Sq Ft, with 18 Sales in 2010
Arrabelle:
$38,830,000 Gross Volume, $3,530,000 Average Purchase Price, $1,351 Average Price Per Sq Ft, with 11 Sales in 2010
Ritz Carlton Vail:
$42,486,000 Gross Volume, $3,034,714 Average Purchase Price, $1,379 Average Price Per Sq Ft, with 14 Sales in 2010, plus the bulk sale of 45 Residences for fractional ownership at $110,890,000
Single Family homes accounted for 34% of all transactions. In 2010, the average price of a single family home decreased by 4% from 2009, coming in at $1.26 million.
There were 599 high-end condominium projects/multifamily homes sales accounting for 48% of the total, with an average sales price of $1.15 million. This is up $250,000 per sale over 2009.
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