By Dan Davis trekkerphoto.com
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- $50 million in Vail Valley real estate to be auctioned in July
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June 9, 2009 — Eagle County real estate sales in April fell dramatically compared to last year, according to an analysis by Land Title Guarantee Company, but it was still the second best month of 2009.
April saw 54 transactions for a dollar volume total of $57.5 million. Those numbers are down from last year when Eagle County had a sales volume of $137.7 million and 117 transactions for the same month.
Through the first four months of 2009 the price points with the most activity are properties between $500,000 and $1 million (33 percent) and properties below $500,000 (31 percent). The average price for properties below $500,000 is $350,000.
Eagle County's dollar volume has yet to surpass $60 million in a single month so far this year; however, the overall average price remains above $1 million.
April highlights:
1. Three properties sold for more than $4 million; two of those properties were sold in Bachelor Gulch.
2. Single-family homes averaged $1.7 million
3. Vail Village had the most activity of any area with seven transactions
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