Market Report
Vail, CO 81657
Single-Family Homes
www.titlecorockies.com
Vail, CO 81657
Sat Jul 27 2024
This week the median list price for Vail, CO 81657 is $10,695,000 with the market action index hovering around 22. This is an increase over last month's market action index of 21. Inventory has increased to 28.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.
Real-Time Market Profile
| Median List Price | $10,695,000 | |
| Median Price of New Listings | $6,750,000 | |
| Per Square Foot | $1,528 | |
| Average Days on Market | 204 | |
| Median Days on Market | 151 | |
| Price Decreased | 25% | |
| Price Increased | 0% | |
| Relisted | 7% | |
| Inventory | 28 | |
| Median Rent | ||
| Market Action | 22 | |
| Slight Buyer's Advantage | ||
Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $29,900,000 | 7,213 | 0.25 - 0.5 acre | 6 | 9 | 5 | 0 | 0 | 217 |
| $12,250,000 | 5,860 | 0.5 - 1 acre | 6 | 6 | 23 | 0 | 0 | 154 |
| $8,499,000 | 6,054 | 0.5 - 1 acre | 6 | 7 | 29 | 2 | 0 | 168 |
| $3,488,000 | 3,667 | 0.25 - 0.5 acre | 4 | 5 | 33 | 1 | 1 | 49 |