How's the Market? Archives - Kleimer Real Estate

Being known as experts in buying and selling Vail properties constantly begs the question from everyone we meet, “How’s the market?”. Rather than engage in standard sales behavior with a reply of “I’m so busy!”, here’s an actual list of some of the transactions we are currently engaged in. Perhaps a property you know of matches a Kleimer Vail Real Estate Buyer profile.

A few of the things The Kleimer Company has been up to lately:

Buyer in Search of: International business owner searching for his dream mountain getaway for young family. Requirements: 4 bedrooms, 3 car garage, fantastic ski slope views and space for the kids to play. $4.0M to $6.0M. National forest access is a must.
Newly Available Opportunity to own in Vail Village. Mountain Haus View unit.
Pre approved entrepreneurial and professional Buyer looking to purchase his first Vail home. 3 bedrooms and a garage under $400,000.
Sold: Singletree neighborhood building site. Flat, beautiful views, .49 acres, $335,000.
Kleimer Co Seller in negotiations on last remaining high end Singletree homesite. $540,000.
Developer in need of: Development sites large and small. Our builder partner’s latest homes are about to close and he needs a site for the next luxury home. The Kleimer Co realtors are looking for a site to purchase or a landowner to partner with.
Buyer in Search of: 4 bedrooms in the Avon/Edwards areas with views of the high peaks, quality construction and lots of kids in the neighborhood under $1.4M. Help us welcome this repeat Kleimer Company Client back to town.

After a spectacularly sunny fall the snow is coming down outside on the first snowy day. The Aspen leaves were spectacularly bright and evenly colored this year. Yet as the snow falls, the Vail Real Estate Market rises.

Real Estate sales in the Vail Valley did not start out with a lot of strength. When compared to the previous year, January was up, February was way down. March was up. April was down. Since April however, the Real Estate market has been showing real strength. May, June, July and August sales dollar volume was up in each month. Way up. As of the end of August, Vail area real estate transactions total over $1.2 Billion dollars. 14% more over the same period of 2014.

Drilling down, this data show there is real strength in the market. Being a fan of Mark Twain the famous speaker, “Lies, Damn Lies and Statistics”, I always like to take a closer look at number sets. Why? Rising dollar volume of sales is good right? Yes that is true. Yet misreading market trends results in pricing homes too high for the market or too low with a seller leaving money behind. In recent years seller pricing has very frequently resulted in homes being over priced and going unsold because of overconfidence in the trend of rising sales prices. Since the market recovery began and dollar sales volume has risen, the overwhelming bulk of that upward trend came from strength of Luxury Properties in limited market segments. Today, the dollar volume of sold homes has been rising roughly in parallel with the number of homes sold. While home prices and sales continue to rise at the upper ends of our real estate market, transaction numbers and sales prices are now strong at the lower ends as well.

What’s going on at Kleimer Vail Real Estate

Snow Falls, Vail Real Estate Market Rises