VAIL VALLEY MARKET NEWS – SUMMER 2015

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  • July 23, 2015

It’s been a busy summer with contracts and closings at Ron Byrne & Associates. May was an impressive month with Eagle County sales generating over $160M in dollar volume, only to be topped in June with over $225M in sales, the highest monthly volume yet for 2015.

Vail Village had the largest dollar volume both months, with high-end real estate on the move. In May the Village saw over $41M in sales, nearly 26% of the overall volume. In June it claimed another $48M in sales including the largest transaction of the year, 366 Hanson Ranch Road at $15,750,000. Ron Byrne & Associates is pleased to have represented the selling side in this transaction as well as both sides of a $10M sale that never officially went on the market. Beaver Creek, Bachelor Gulch and Mountain Star have also experienced multi-million dollar sales in June, seeing enthusiasm from high-end Buyers across the board.

SOLD! 366 HANSON RANCH ROAD, VAIL CO

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With dwindling inventory in the Valley’s prime locations, special properties are becoming more challenging to find. Ron Byrne & Associates’ strong reputation for assisting Buyers in locating exclusive properties is unsurpassed, and we welcome your call to put our 30+ years of experience to work for you.

WE INVITE YOU TO VISIT OUR EXCLUSIVE LISTING – 254 BEAVER DAM ROAD, VAIL VILLAGE

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Mature pines surround this remarkable home located in Vail’s most desired neighborhood. A short walk to Vail Village, this completely remodeled home features 5 bedrooms, 7 baths and encompasses Gore Range views. The open floor plan includes a library/study and encourages entertaining with the extensive wine cellar and game room. For details click here.

Click here for a complete list of active listings on the market.

LOCAL NEWS: VAIL RESORTS CLOSES ITS ACQUISITION OF PERISHER, THE LARGEST MOUNTAIN RESORT IN AUSTRALIA
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Vail Resorts, Inc. announced that the Company has closed on the acquisition of its first international mountain resort, Perisher Ski Resort in New South Wales, Australia, for approximately $134.8 million.

Vail Skiers will now have access to Australia’s largest ski area. Perisher will be added to the Epic Pass for the 2016 ski season. Vail Skiers can now enjoy a true year-round skiing opportunity at the following resorts:

Vail | Beaver Creek | Breckenridge | Keystone | Park City | Canyons | Heavenly
Arapahoe Basin | Northstar California | Kirkwood | Afton Alps | Mt Brighton | Perisher

VAIL VALLEY MEDICAL CENTER – EAGLE COUNTY’S HOSPITAL OF THE FUTURE
Vail continues to invest in its’ community with a new state-of-the-art facility on the Vail Valley Medical Center’s campus.  The new medical center will aim to exceed expectations of the diverse patients it serves. “Vail Valley Medical Center has grown into the world’s most advanced mountain hospital, providing Olympic-quality sports medicine, leading evidence-based research, modern cancer care and extensive cardiology capabilities – all high-quality services with exceptional outcomes. Our community has successfully built an independent, nonprofit medical center that serves our region and visitors from around the world… While the care and services are outstanding, the infrastructure is due for modernization. It is time for the hospital facility in America’s most famous mountain town to catch up with the premier care it provides. Support us in our effort to ensure VVMC’s healthcare ascension continues for the next 50 years. Now is the time to build your Eagle County hospital of the future.” – Vail Valley Medical Center

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July continues to be a very busy month at Ron Byrne & Associates and throughout the Vail Valley. We are expecting to see far more sales than last year. We invite you to visit a complete list of our exclusive listings and visit our latest blogs for a list of upcoming events in the Vail Valley.