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January 2018 Market Analysis

Eagle County real estate starts 2018 off with $138M in total dollar volume, 11% lower than last January.  Transactions were 17% above last January with 143. This creates an average sales price of $966,542, which is just slightly lower than last year’s average of $1,066,076.

January had 3 sales over $5M with the highest priced home selling in Strawberry Park for $13,500,000.  The highest price per square foot was a sale at The Lion in Lionshead selling for $1,884 a square foot.

Outside the usual high number of sales in Eagle and Gypsum, Beaver Creek had the third most sales with 10.  These sales totaled $26.5M in dollar volume, which is the most of any area for January.

The Commercial sector also saw good activity with 18 sales averaging $628,923.

New home sales had a great start to the year with 20 sales totaling nearly $19M in dollar volume.  These new homes range in price from $274,500 at Two Rivers in Dotsero to $5.3M at The Lion.

This information was provided by Land Title Guarantee Company.  Their reports are produced with all of their data coming directly from Eagle County.  They go a step further by breaking down the market into segments that include residential, commercial and the overall market, with pages of analyzed data to be reviewed individually, as each is different.  LTGC separates the local market into 32 areas providing information in every category, bringing historic, comparable numbers to your attention.  Land Title is committed to breaking down the market; so that Real Estate in Eagle County can be seen and understood from any prospective that could prove helpful.

For a copy of the Market Statistics, as well as a copy of the January 2018 Price Per Square Foot Analysis, Eagle County Buyer Profile and New Unit Sales Detail, click here January 2018 Market Analysis.