Summer is here when people & their pups descend on Vail for fun & games on the mountain, river, trails & ponds. Both amateurs & professional athletes compete for prizes, but the most popular spectator events are the ones with dogs. How can you not smile when you see furry friends launch into the water for a speed retrieve (and be glad it’s them & not you)?!
 
Bravo music concerts can be heard at the Ford Amphitheater & almost every day there are other summer events packing the calendar. This weekend the Vail Craft Beer Festival & the Vail Arts Festival debut the official start to summer, and the farmers’ markets in Minturn on Saturdays & Vail on Sundays showcase produce & people watching. Hot Summer Nights have free concerts at the Amphitheater on Tuesdays, while the Whistle Pig concert series hosts bands including Nathaniel Rateliff & the Night Sweats and Bon Iver. Not to be missed is Vail’s America Days on July 4th, a favorite with its small-town parade and bigtime fireworks. 
 
The fireworks are less dramatic in our real estate market. According to the Vail Board of Realtors, closed residential sales through May were 480, compared to 500 in 2018, a 4% decrease. The average sales price was down 4.8%, although the median sales price is up 11%. Also encouraging is that pending sales (properties under contract) through May of last year were 588, compared to 605 this year, a 3.4% increase. Specific information & facts about all properties can be found in the VBR’s latest report. With interest rates & unemployment figures remaining low, the national housing market is looking stable, while our local market is expected to uptick during the busy summer selling season. 
 
Please let me kn
ow if you would like information about properties in the Vail Valley, whether it’s a ranch away from town or a condominium in the middle of it. It’s my pleasure to help & I’d love to go for a hike if you want to discuss real estate on the move!
 
Wishing you a fun-filled, happy summer, Carolyn

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.