According to Land Title Guarantee Company , Eagle County passed the $1 billion dollar mark in sales in November 2011. This is the 14th year since 1996 that the county has passed the $1 billion dollar mark with the exception of 2009. There were 121 sales in November that totaled $124.8 million. The majority of the transactions were down valley in Eagle and Gypsum. Lower priced homes made up the majority of the sales; with 71% of the sales being under $1 million dollars.
The largest price per square foot home was in Vail's Solaris Residences. The Vail Golf Course was the area with the highest average sales price; $6.2 million over two transactions. One of those sales was a newly built home which sold for $9.25 million which was the highest priced transaction in all of Eagle County for the month of November. There were nine transactions over $4 million in the month of November which was the most transactions in this category in any month in 2011.
As Vail Mountain closed for another great year, Booth Creek Townhomes started undergoing a major renovation.? This fantastic cluster of 35 townhouses is located just one mile west of the East Vail I-70 exit.? Situated to the north of I-70, and just west of Booth Creek, these 3 bedroom units bask in the morning and afternoon sun.? With breathtaking views of the Gore Range, the Vail Golf Course,?and Vail Mountain, the homeowners decided it was time for a little updating?of the aging exteriors.
As with many older projects in Vail, including the Vail Racquet Club, time had exerted itself and the elements had taken their toll.? It was time for a major "sprucing up", almost a complete overhaul to the exteriors of the buildings.? New fire retardant materials are being utilized as each unit gets new siding, new decks, new metal caps on the chimneys and entryways, new stucco on the chimneys, and more rock-work will be added as well.? (The project is slated to finish in early July.)? Property values have jumped in East Vail as of late, and remodels like this one only add to the property's worth.