Is Vail, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vail is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Vail has remained a Seller's Market.

Key Takeaway

Vail is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Vail, CO

How much do homes in Vail, CO cost?

Median Sold Price

$2,785,000

$1,297/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$1,190,000(+74.6%)

Key Takeaway

Homes in Vail have sold for 74.6% more than they did a month ago.

Summary: The median home sold price in Vail was $2,785,000 in October 2024, up 74.6% from last month, and the median price per square foot was $1,297.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $1.5M-
N/A
3 --
N/A
4 -$2.7M
N/A
5+ --
N/A

Summary: Vail housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Vail, CO

How many homes are available in Vail, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
54-20.0%

Summary: The Vail real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 22
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Vail housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vail, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Vail in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Vail, CO

How long does it take to sell a home in Vail, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
190 Days28 Days-85.3%

Summary: Homes in Vail had an average of 28 days on market in Oct 2024, down by 85.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Vail are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Vail; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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