Led's Take

What’s happening in the Vail Valley market?

Another phenomenal ski season wrapped up in late April, one filled with memorable powder days and time well spent with friends and family. It’s always hard to say goodbye to winter, but with summer just around the corner, and there’s plenty to look forward to in the Vail Valley!

The ski season was highlighted by a number of high-end transactions, including a $21 million home in Mountain Star and a $17.6 million penthouse at Arrabelle.

Other noteworthy sales included:
165 Forest Road at $33 million
315 Mill Creek Circle (a probable teardown) at $26 million
One Willow Bridge Road #44, at just over $16.5 million (after almost 3 1/2 years on market)
343 Beaver Dam Road at $15.6 million

In total, Eagle County recorded 43 ski season sales of $5 million or more between December 1, 2024, and April 30, 2025 - up from 37 in the same period 2023/2024. The average sales price in this segment bumped up 16%, reflecting an increase of nearly $1.35 million. The average price per square foot in this niche came in at $2,081, with eight sales above $3,000/sf, and two Vail Village closings exceeding $4,000/sf.

Currently, 16 properties in this luxury tier are under contract, representing over $150 million in pending sales. Most are set to close in the next 30 to 45 days, helping continue market momentum as we head into the summer season.

What does this mean to You?

These numbers reaffirm the enduring strength and appeal of the Vail Valley real estate market. In spite of the recent gyrations on Wall Street, buyers of significant means continue to view our community as a secure, rewarding place to invest and put down roots.

Additionally, our unique position as an “island” surrounded by National Forest and BLM lands means that new development opportunities are naturally limited. This scarcity of developable land will continue to support the long-term value of existing property. But beyond the numbers, folks choose to buy here because this is where they want to make memories - with family, with friends, and in a place that feels like home. Thank you for this opportunity to be of service.

I welcome your call, email or text at any time!

If Selling

Low inventory, rising prices and solid demand combine to make this an opportune time to be on the market, should it be time for you to sell. This will be especially true over the next couple of months, February and March, as they represent “prime time” in our winter selling season. My encouragement would be to buff, polish and fully prepare your property for market, price it appropriately, and then make it as available as possible for Open Houses, previews and showings. Following these guidelines, you’ll best position yourself for a sale.

If Buying

Develop a “wish list” of items that are important to you before you start looking at property, including location (Vail or Beaver Creek? East Vail or West Vail?), desired amenities, views and any other attributes you can think of, along with the standard criteria of bedrooms, baths and square footage. Having a clear vision of what you are looking for will enable you to know it, when you see it, and then act accordingly!