The market is starting to cool as inventory has steadily increased over the last two months. We are starting to see an increase in average days on market as well as more frequent price reductions. We do not see this adjustment as a full correction, but this is certainly the beginning of a correction. As such, Buyers should start to see more opportunities with the increased inventory. Prices will not likely go down as much as flatten somewhat. The overall pace of the market should slow. Buyers must still be ready with their financing and be prepared to see a property on a moment's notice with your Engel & Völkers Advisor. As such, we strongly encourage our Clients to sign up for instant property alerts to their inbox by clicking here and filling out the form: https://vail.evrealestate.com/contact/Vail
