The Vail Valley Lifestyle • November 2019
The Vail Valley’s Average Sold Price Increases 3% Year-Over-Year for October
The most expensive sale in the Vail Valley for October was a 3,670 square-foot, 5 bedroom, 9 bathroom residence located at 595 Vail Valley Dr #470 in Vail which sold for $8,500,000.
Houses aren’t only where we live, they are also an investment. Rumors surrounding the economy and the state of the housing market have some confused. But luckily for locals, and those interested in moving to the Vail Valley for world-class ski resorts, gorgeous landscapes and luxury amenities, the real estate market is proving to be a smart place to invest in. LIV Sotheby’s International Realty’s Quarter 3 2019 Micro Market Report analyzed the real estate performance and trends for January – September 2019 compared to that of 2018. Results for Eagle County as a whole showed an increase in both sold properties (+2%) and total sales volume (2.1%). The town of Vail saw a decrease by 5.8% for days on market. Bachelor Gulch saw a dramatic increase of 32.6% for average price.
For details on the Vail Valley’s Q3 2019 Micro Market Report, please click HERE.
Vail Valley Events
POWER OF THE NETWORK
Sotheby’s Own Label Collection
We are delighted to introduce the Sotheby’s Own Label Collection, with twelve wines in the initial range. Each wine has been hand selected, using our personal relationships with the chosen winemakers. The wines are classic examples of each region and are ready for immediate drinking. We appreciate your ardent support of Sotheby’s Champagne in the past and now we are delighted to offer you a much broader range of wines for you to enjoy or gift – including a newly designed label for the Champagne! -Jamie Ritchie, Chairman Sotheby’s Wine.