Welcome to my February Beaver Creek Real Estate Market Update. This issue contains a recap of 2011 and all related statistics. We were up slightly over 2010 but it will take a while to climb out of the deep hole we dropped into over the past few years.
The overall market was also up slightly in 2011, mainly due to the increase in the sale of distressed properties (bank owned and short sales).
On a different theme, I attended the National Association of Realtors (NAR) annual conference last fall in my role as VBR Board Member and MLS Director. I’ve included some comments from the NAR chief economist and his perspective on the housing market.
Click on the links below to view the market update and the current BC condo and town home listings and 2011 sales.
We continue to get snow although not to the extent of last season. Nevertheless, skiing is excellent.
Best Wishes to you and your family.