2020 WAS UP 20 PERCENT. Last year, the number of units sold in the Vail Valley was up 20% over 2019. As we all know by now, the pandemic push accounts for that increase. The surge to buy is not occurring only in the Vail Valley. It is happening throughout Colorado mountain towns as well as Boulder and Denver.
In the Vail Valley, the data and the discussions have been pretty easy to interpret. In general, the pandemic has spurred bucket-list buyers to act, it has inspired new buyers, and it has affected how & how often both types of buyers plan to use their new homes. How & how often one intends to use a home dictates where & which neighborhood one buys into. That partially explains why Beaver Creek properties did not see an increase year-over-year and it partially explains why Cordillera, Arrowhead, Bachelor Gulch did. For more on that, click BEHIND THE NUMBERS