This week the median list price for Vail, CO 81657 is $2,795,000 with the market action index hovering around 24. This is about the same as last month’s market action index of 24. Inventory has held steady at or around 36.
Market Action Index
The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.
Slight Buyer’s Advantage
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
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Data Courtesy of Title Company of the Rockies
