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Eagle County Real Estate Market Report: Reason for optimism in uncertain times

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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

 

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