Vail Valley Real Estate News for May 25, 2016

The summer home-selling season is approaching in the Vail Valley! A look at the numbers, why dudes are living at home and the flat smartphone you didn’t know you needed.

This is an archived edition of our weekly news brief. Visit the Vail Valley Real Estate News  page for the latest from the Rocky Mountain Home Team!

The summer home-selling season is approaching in the Vail Valley!  The Vail Board of Realtors Multiple Listing Services recorded 80 residential property sales for the first three weeks of May 2016, up six and two-thirds percent over first three weeks of May 2015.  Average sale price was at $402 per square foot for the three-week period, down just over 19% from May 2015.  Avon saw the most activity with nine sales, followed closely by Edwards with eight residential property sales.  The average number of days on market was 159 for homes sold during this period.

Are you thinking of selling your Vail Valley home?  You’re not alone! The summer is an outstanding time to put your home in front of locals and visitors alike, but you’ll need a great marketing plan to stand out in the crowd! Contact Michael Routh’s Rocky Mountain Home Team for a no-obligation marketing consultation with one of the Vail Valley’s top-producing real estate teams.

Be sure to visit our Market Report center for a more detailed look at Vail Valley Real Estate.

National News

O.K., so it doesn’t strictly involve Real Estate, but we found it on the National Association of Realtors web site – and it’s pretty cool.  Besides, how can we not post a story with the headline “First Bendable Smartphone Almost Here”?  We didn’t know we needed this until just now.

“Buyers are keeping an eye on interest rates, but they’re not worried about them.”

The Pew Research Center explores why a lot of young men are living with their parents these days. (More money for bendable smartphones, perhaps?)

What to do in the Vail Valley

Summer is now less than a month away! After a brief rainy interlude, Eagle County seems to be returning to its usual forecast of clear blue skies. The western valley – including Eagle and Gypsum – has been drawing golfers and mountain bikers for over a month already, and the upper valley hasn’t been far behind.   Bargain hunters can still find the final remaining “off-season” deals as Memorial Day weekend approaches.

Speaking of Memorial Day weekend, Beaver Creek resort will once again host its Blues, Brews and BBQs festival this Saturday and Sunday. Now in its 13th year, the festival is considered an “unofficial launch of summertime” in the Vail Valley. Admission is free, be sure to bring some cash for food and beverage purchases!

 

Check this page each week for more Vail Valley Real Estate news from the Rocky Mountain Home Team. Are you interested in buying or selling Vail Valley Real Estate? Contact the Rocky Mountain Home Team today!

 

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