Average sales price for Eagle County Real Estate is $1 million

From Land Title Guarantee Company:

The February real estate numbers for Eagle County had 82 transactions and just over $82 million in dollar volume, creating an overall average sales price of $1 million. These numbers remain on pace with 2010.

While 45% of all transactions are still being sold for under $500,000, there were 5 transactions over $5 million that helped catapult our average sales price for the county to the $1 million figure. Bachelor Gulch had one sale in February selling for $8.9 million. Solaris in Vail Village continues to sell at an average price of more than $7 million with 3 sales in 2011 totaling $22 million. The Ascent is also playing a large role in the 2011 statistics with 19 sales totaling $10 million; the Ascent units are averaging $362 a square foot.

Avon was the area with the most transactions in February with 18. There were 6 sales in Vail Village accounting for 80% of the total dollar volume in Eagle County.