Source: Vail Daily —
Media headlines are generating uncertainty around the local and national housing market, and lower inventory coupled with higher inflation and interest rates have created a pause in the residential real estate market. Depending on whom you listen to, the U.S. economy is or will be in a recession soon.
While the Vail Valley and Eagle County’s very active market needed to rebalance, opportunities await those who are ready to make a move to buy or sell.
October Eagle County real estate stats
- 95 homes sold (174 in October 2021)
- $893 average price per square foot ($839 in October 2021)
- 67 average days on the market (39 in October 2021)
- $15,850,000 highest-priced sale
- $419,000 lowest priced sale
- 70 home sales sending