The real estate market in Eagle County was buzzing in December 2023 with a 51.8% surge in closed transactions, propelling the sold dollar volume to $200.1M, up by 54.2% from December 2022! That’s a positive sign, showing that we are heading toward expansion.
Average sales price took a 1.6% leap, reaching $2.35M, and the average price per square foot soared by 17.9% to $1,036.
Meanwhile, average days on market saw an 81.1% increase to 134 days, indicating that while demand is high, the market may still have nuances that sellers should navigate strategically.
Year-to-date, Eagle County witnessed a 9.7% rise in prices, settling at $2.34M. Though the YTD volume dipped by 13% compared to 2022, this was not as much as it had been expected, demonstrating the market resilience.
Whether you are buying or selling, strategic decision-making will be key in navigating the nuances of the fast-evolving real estate landscape in 2024. To learn more, let’s connect to discuss your particular situation.
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