The holidays have arrived in the Vail Valley, with fresh snow at resorts, a flurry of festive events, and guests visiting from across the country and around the world. In November, local home prices were on the uptick while sales volume dipped.
The median sale price was $1.86 million, an increase of 36% from the previous month. The median list price was $1.88 million, up 39% from October. LIV Sotheby’s International Realty’s monthly market report data shows that total sales volume in the Vail Valley was $154,901,074 in November compared to $196,150,519 in October. Buyers are making quick decisions in the current real estate climate, with homes on the market for a median of 15 days in November, compared to 21 days in October. As of Dec. 14, there were 292 homes for sale and 241 homes under contract. For more market data, visit coloradomarketreports.com
Top November sales by LIV Sotheby’s International Realty include a stunning ski-in, ski-out Daybreak Ridge Road home, represented by Paige Shonk and Anna Menz, which closed for $13 million, the fifth-highest price ever achieved in Bachelor Gulch. With Parkitecture design elements that pay homage to the grand lodges of the American West, this residence boasts indoor-outdoor living with an expansive heated patio and a lower-level entertaining space with bar, media room, and billiards room.
Barbara Gardner Scrivens of LIV SIR represented the buyer for a light-filled Bridge Road residence perched along Gore Creek. Featuring a rooftop terrace on the primary suite, a wraparound deck, large yard, and picturesque mountain views, this Vail home closed for $5.4 million.
Gardner Scrivens also represented a Cordillera home on a 2-acre lot located just minutes from the Summit Athletic Club’s amenities. Standout features include a chef’s kitchen, a luxurious primary suite with a spa-inspired bath, a home theater, a card room, and eight fireplaces throughout the residence, which closed for $4.55 million.
Holiday events abound throughout the Vail Valley, including the Ice Skating Spectacular at Dobson Ice Arena on December 22-23 featuring Olympic Champion Nathan Chen. On Dec. 29, the 10th Mountain Division Legacy Parade celebrates the founders of Vail Mountain. Beaver Creek hosts a Winter Circus to ring in 2024, with aerialists, contortionists, jugglers, break dancers, and fire dancers in the Village on New Year’s Eve.
With endless outdoor recreation and an enviable entertainment scene, the Vail Valley continues to attract visitors from across the U.S. and worldwide. Demand remains steady for properties in these mountain towns as buyers consider relocating to the mountains or look for a family vacation home.
For real estate needs throughout Colorado’s iconic resort communities, visit your local LIV Sotheby’s International Realty office, explore properties at livsothebysrealty.com or call 970-476-7944. LIV Sotheby’s International Realty services the resort markets of Beaver Creek, Breckenridge, Crested Butte, Telluride, Vail, Winter Park, and beyond. These legendary locations serve as a hub to discover your Colorado mountain dream home in the perfect setting for outdoor enthusiasts.