Vail-BeaverCreek Real Estate Newsletter

Vail-BeaverCreek Real Estate Update
Karen Wilhelm, MBA, MRE, CRS, GRI
Berkshire Hathaway HomeServices Colorado Properties
Vail and Beaver Creek, Colorado
August 2019 Newsletter

www.Vail-BeaverCreek.com

The Vail-BeaverCreek Group

Spotlight on Marla Hillerich, Berkshire Hathaway Colorado Properties.
Working closely with partners Karen Wilhelm and Robert Wilhelm, Marla has become an important addition to our Team Approach to serving the needs of Vail Valley real estate buyers and sellers. Marla has 20+ years of full-time real estate experience in Vail Valley Real Estate specializing in extraordinary customer service! Working in Valley real estate since 1998, Marla Hillerich knows real estate and knows Eagle County. Marla began her career in real estate marketing for the Hyatt Mountain Lodge, later joining the real estate sales team Forbes Real Estate Group in Beaver Creek. Now with Berkshire Hathaway HomeServices Colorado Properties, Marla's focus has grown to covering the entire Vail Valley market from East Vail to Gypsum with an intimate knowledge and trusted history. Raised on a Thoroughbred horse farm outside of Cincinnati, Ohio, Marla learned from an early age the value of hard work and entrepreneurship. Colleagues describe her as dependable, congenial, consistent, connected, loyal, and patient. Understanding the needs of her clients and intricacies of the work, Marla can always be called on for help no matter the hour or circumstances. Marla's friendly, enthusiastic nature makes work - and life - fun. In her spare time, she loves to stay active with friends and clients, paddle boarding, cycling, skiing, hiking, and playing ball with her two dogs around her Homestead, Edwards neighborhood.
When you're looking for professional, knowledgeable, efficient and effective real estate assistance in the Vail Vailey ... "Call Marla and Call It Done!"
The Vail-BeaverCreek Group ... "We Know Vail Valley Real Estate!"

Eagle County Market Overview

Summary: The inventory of availably residential properties is relatively low with 808 currently being offered. Another 288 are under contract and most of these will go all the way to closing. 739 have sold since the beginning of the year (this time last year there were 759 sales).
Sold Listings: 739 listed properties have sold since the beginning of the year. This is a 3% decrease in transactions over the same time period in 2018. For all of 2018 we had 1350 residential real estate transactions, somewhat consistent with the 2016-2018 numbers. The sales-to-list-price ratio is steady at 94% (2016-present). And the average days-on-market is up slightly at 131 days compared to 116 days for all of 2018.
Active Listings: Of the 808 active listings 69 are new within the past 14 days and 182 have been on the market for more than a year. The average days-on-market for these currently active listings is 240.
Pending Listings: There are another 288 listings currently "under contract", consistent with a year ago. The average time-on-market for these pending listings is 103 days, down from our last report.
You can review the Vail Board of Realtors MLS "active", "under contract" and "sold" statistics using our Supply and Demand Market Report - a current report for all of Eagle County is reproduced below. You can also produce this report by neighborhood within Eagle County on our website.

Supply and Demand Report for all of Eagle County (past 12 months)

	Active Listings	Active DOM	Pending Sales	Sold Listings	Avg Sold Price	Avg List Price	S:L%	Sold DOM	Months of Inventory
Condo	271	273	77	494	1,043,484	1,093,604	95	125	5.7
Single Fam	340	240	99	489	1,424,576	1,518,841	94	133	6.9
Duplex	124	224	33	172	1,553,471	1,651,463	94	128	7.3
Townhome	73	151	79	197	795,278	825,944	96	104	3.2
Totals	808	240	288	1352	1,210,034	1,279,376	95	125	5.9

Data is extracted from the Vail MLS and is deemed accurate, but is not guaranteed
Months of Inventory equals Active divided by Pending+Sold (x12)
Sold date range 08/01/2018 through 08/06/2019

	Popular Reports on our Website

	MLS Database Search search through all current MLS listings New Listings see what has come on the market over the last 14 days. Keep this link and it will be updated daily. Other Reports - lists and statistics for your review.

	Customized Reports for you

	Let us know if you are interested in receiving Automatic Notification directly from our MLS of "new listings", "price changes" and/or "sales" in Vail Valley areas or condominium complexes that interest you.

	Browse All Current Vail Valley Listings

	Advanced MLS Search using your criteria Vail Village . Lionshead . Cascade Village . Vail Golf Course . Spraddle Creek East Vail . Booth Creek . Potato Patch . Sandstone . Valley Ridge . West Vail . All of Vail Beaver Creek . Bachelor Gulch . Arrowhead Eagle-Vail . Avon . Wildridge . Mountain Star Singletree . Edwards . Homestead . Lake Creek Cordillera . Red Sky Ranch Eagle . Eagle Ranch . Cotton Ranch . Gypsum - - - - - - New Listings . Gated Communities Ski Area Listings . Golf Course Area Listings Luxury Residences . Luxury Condominiums Timeshare and Fractionals Vail . Beaver Creek . Bachelor Gulch


	Links to Useful Area Information
	Vilar Center for the Performing Arts Bravo! Vail Music Festival, Ford Ampitheatre Vail Internation Dance Festival, Ford Ampitheatre Vail Symposium Vail Snow Report . Beaver Creek Snow Report Adventure Ridge, Vail Mountain Airline and Ground Transportation Colorado Road Report - CDOT also has an APP for your smart phone. Winter Activities Summer Activities Golf Courses Restaurants Town of Vail Website Town of Avon Eagle County Government Colorado Government


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"I Know The Territory"

www.Vail-BeaverCreek.com

	The Vail-BeaverCreek Group

	Spotlight on Marla Hillerich, Berkshire Hathaway Colorado Properties. Working closely with partners Karen Wilhelm and Robert Wilhelm, Marla has become an important addition to our Team Approach to serving the needs of Vail Valley real estate buyers and sellers. Marla has 20+ years of full-time real estate experience in Vail Valley Real Estate specializing in extraordinary customer service! Working in Valley real estate since 1998, Marla Hillerich knows real estate and knows Eagle County. Marla began her career in real estate marketing for the Hyatt Mountain Lodge, later joining the real estate sales team Forbes Real Estate Group in Beaver Creek. Now with Berkshire Hathaway HomeServices Colorado Properties, Marla's focus has grown to covering the entire Vail Valley market from East Vail to Gypsum with an intimate knowledge and trusted history. Raised on a Thoroughbred horse farm outside of Cincinnati, Ohio, Marla learned from an early age the value of hard work and entrepreneurship. Colleagues describe her as dependable, congenial, consistent, connected, loyal, and patient. Understanding the needs of her clients and intricacies of the work, Marla can always be called on for help no matter the hour or circumstances. Marla's friendly, enthusiastic nature makes work - and life - fun. In her spare time, she loves to stay active with friends and clients, paddle boarding, cycling, skiing, hiking, and playing ball with her two dogs around her Homestead, Edwards neighborhood. When you're looking for professional, knowledgeable, efficient and effective real estate assistance in the Vail Vailey ... "Call Marla and Call It Done!" The Vail-BeaverCreek Group ... "We Know Vail Valley Real Estate!"

	Eagle County Market Overview

	Summary: The inventory of availably residential properties is relatively low with 808 currently being offered. Another 288 are under contract and most of these will go all the way to closing. 739 have sold since the beginning of the year (this time last year there were 759 sales). Sold Listings: 739 listed properties have sold since the beginning of the year. This is a 3% decrease in transactions over the same time period in 2018. For all of 2018 we had 1350 residential real estate transactions, somewhat consistent with the 2016-2018 numbers. The sales-to-list-price ratio is steady at 94% (2016-present). And the average days-on-market is up slightly at 131 days compared to 116 days for all of 2018. Active Listings: Of the 808 active listings 69 are new within the past 14 days and 182 have been on the market for more than a year. The average days-on-market for these currently active listings is 240. Pending Listings: There are another 288 listings currently "under contract", consistent with a year ago. The average time-on-market for these pending listings is 103 days, down from our last report. You can review the Vail Board of Realtors MLS "active", "under contract" and "sold" statistics using our Supply and Demand Market Report - a current report for all of Eagle County is reproduced below. You can also produce this report by neighborhood within Eagle County on our website.