http://coldwellbankervail.com/blog/archive_202205/sort_entrydatetime-desc/ Vail's spring housing market has continued the trend of low inventory paired with high buyer demand. Average home price for the month of April was up 33% from 2021 at $2,362,924. The low inventory led to a decrease of 32% in the total number of homes sold compared to the same period last year. The Vail  market headed into May with 372 active listings. As mortgage rates and home prices continue to rise, buyers are eager to make a move. The competitive nature of today's market has created opportunity for sellers to take advantage of the higher home prices, before more inventory enters the market. For a detailed look at our local market statistics, take a look at the Quarter 1 Market Report, linked here. http://coldwellbankervail.com/blog/10375/vail-market-update/ Mon, 02 May 2022 04:22:28 -0700