Eagle County real estate market prices are still surging

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Much of the current real estate boom is being driven by more expensive units, such as those at the Lodge at Vail, pictured here. Sales of units under $1 million currently make up just 42% of the Eagle County market.
Slifer Smith & Frampton Real Estate/courtesy photo

Eagle County’s real estate market has continued its remarkable run-up in the first two months of this year. That’s put still more pressure on potential first-time buyers.

The latest data from Land Title Guarantee Company shows Eagle County in February set a new record for the value of transactions in one month, with $347.5 million worth of property changing hands. The biggest single transaction was the $81.85 million sale of the Lake Creek Village apartments in Edwards. Removing that sale from the total results in $265.7 million in other sales volume. That’s about $20 million higher than January’s sales volume of…

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