As Seen In Forbes, October Edition

As Seen In Forbes, October Edition

The exposure from our valued network, Forbes Global Properties, continues. See the recent articles about our beautiful development in Lionshead, Colorado and notes on the Vail Valley Real Estate Market.

 

Forbes Global Properties Contributor, Lisa Chamoff, gathers a list of What Around $5 Million Buys In Residential Real Estate Around The World. The Legacy at Vail Square made the list.
rendering of a modern chef's kitchen inside vail lionshead legacy development

Properties priced at around $5 million tend to have extraordinary features, including high-end design and stunning views. This collection of properties has all that, plus some unique features that make them stand out.
 
This home is part of a collection of luxury residences in Vail’s Lionshead Village that are considered the very last of their kind. This three-bedroom, 3.5-bathroom unit at Legacy at Vail Square, a luxury development in Vail’s Lionshead Village, is in the center of it all, with easy access to skiing and panoramic views of Vail Mountain. Click on the image for more info.
 
 

Lisa Chamoff also writes about how Vail’s Real Estate Market Remains On Course For More Records In 2021.

 

contemporary living room in a vail valley luxury home at 355 Forest Road A Vail, CO, USA

 

This mountain contemporary on Forest Road was recently renovated and expanded to nearly 3,700 square feet. Asking price: $14.35 million.

The Vail real estate market is on pace to set even more records this year, with sales volume more than doubling from even the ultra-hot 2020.
 
After approaching $600 million last year in sales volume (based on more than 460 transactions), Vail recorded more than $1.4 billion in sales across 972 transactions by Q2 2021, according to data from Slifer Smith & Frampton Real Estate.
 
Luxury sales volume, or transactions over $4 million, nearly tripled year-over-year, increasing from $158 million in 2020 to $463 million by the first half of 2021.
 
Condominiums and townhomes in Vail Village and Lionshead are going fast, with the average days on the market plummeting from 349 days in 2019 and 341 days in 2020 to just 179 days this year. In Bachelor Gulch Village, the average days on the market dropped to 189 days from 420 last year.
 

On track with the last article, Lauren Beale writes about a recent sale we were all thrilled to see cross the finish line. Accelerating Vail Valley Luxury Market Ramps Up With A $30.5-Million Sale.
Contemporary architecture is sought after in Vail Valley.

Contemporary architecture is sought after in Vail Valley.

mountain contemporary in Vail Valley has thrown down the gauntlet with what may end up being the most expensive sale in 2021 for the area.
 
One of highest closing prices recorded so far this year in Colorado, the $30.5-million transaction was for an architectural showplace set on more than three-quarters of an acre along Gore Creek in Vail.
 
Year-to-date, Vail Valley home and land sales are outreaching 2020 in both the number of transactions and prices, according to a third quarter market report from Slifer Smith & Frampton Real Estate.