Berkshire Hathaway HomeServices Colorado Properties has a pending offer on this new home on Haystacker Drive in Eagle.
Berkshire Hathaway HomeServices Colorado Properties/Courtesy photo
A dip in the Eagle County real estate market still resulted in the all-time second-best year in terms of dollar value.
The 2022 dollar volume of $3.58 billion was a 16% decline from 2021’s record-shattering $4.28 billion. Perhaps more telling, though, was the decline in transactions. The 1,973 transactions were the fewest since 2014.
Travis Cox, team leader of Keller Williams Mountain Properties, said while there’s plenty of national news about a cooling real estate market, the local market is still strong.
While the “crazy times” of 2021 and the second half of 2020 have subsided, Cox noted that what’s declining in most places is the rate of price appreciation. The…