Beat it by $1 billion: Vail Valley real estate tops pre-recession peak | VailDaily.com: EAGLE — Eagle County’s real estate is worth more now than it was before the recession.The latest county-wide real estate appraisal found the total market value of Eagle County’s real estate jumped 12.9 percent, with residential value jumping 11.4 percent throughout the last appraisal numbers that came out in 2015.
Eagle County Assessor Mark Chapin released the county's latest data Monday.
"We're back where we were pre-recession. Our market is recovered," Chapin said.
Residential property values are around $1 billion more than their pre-recession peak, according to the Assessor's Office data released Monday, with residential property valued at $31.24 billion in 2009 and $32.39 billion in 2017.
The biggest increases are in Gypsum and Eagle, where the affordable housing is supposed to be.
"If you can find something priced between $250,000 and $500,000, that's where it's going to be," Chapin said.
Properties tend to be closer to the half million-dollar mark than the lower price point in that range, Chapin said.
