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Don’t hang up your skis and boards yet! After receiving over 2 feet of snow since Vail Mountain’s official closing day, the decision has been made to extend its season for one more weekend, reopening Friday 19th– Sunday 21st.
“This is a great way to end our 50th anniversary season,” said Chris Jarnot, senior vice president and COO at Vail Mountain. “This is an opportunity for our season pass holders and skiers from around the region to take advantage of a few extra days, and enjoy more of the spring skiing we all love here in Colorado.”
Come celebrate Vail’s 50th Anniversary by skiing spring powder for one more weekend. See you on the slopes!
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As the pace of sales continues, our inventory levels have dropped to over five year lows. April of 2013 actually saw the lowest level since June of 2006 at 1,173 (residential and land only). Supply is limited and in some areas potential buyers are not able to find properties based on their criteria. As demand outpaces supply in these neighborhoods, we expect to see prices move upward slightly.
The segments of the market we are watching closely are properties priced over $3 million. The number of sales has slowed this quarter to 7 as compared to 19 in 2012. This may be an opportunity for buyers in this range to find the home they are looking to purchase.
Sales for properties under $1 million have been on a solid pace since last year and continuing this quarter with 167. Homes priced properly in this range in most neighborhoods are not on the market long and some areas have seen multiple offers.
As markets improve throughout the country, we expect confidence in our area to drive real estate sales.
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TOP FIVE
THINGS TO DO:
1. Don’t let the snow fool you; it is golf season in the Vail Valley! Head down to Gypsum Creek Golf Course and get back into the swing of things. Spring rates starting at just $32 for 18 holes.
2. Looking to give back during the shoulder–season? Join in on the 2013 Community Pride Highway Cleanup on Saturday, April 27th. Then reward yourself with a free BBQ and concert at The Broken Arrow in Arrowhead!
3. Time to pamper yourself. Spa Anjali is offering your choice of a massage or facial, plus and all day pass to the athletic club, pool, hot tubs and fitness classes for just $99. Don’t miss out on this fantastic deal!
4. Some of the Valley’s top restaurants are currently offering some delicious deals that are not to be missed. Check out LaTour in Vail Village for 50% off all entrée’s Wednesday–Saturday through the month of May.
5.Get the whole family together and enjoy the Eagle Outside Festival and Expo on May 11–12th at the Brush Creek Pavilion in Eagle, Co. There will be running and bike races, great food and kid’s activities going on the whole weekend.
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