from the only place that is actually hoping for snow soon,
for YTD 2014 vs. 2013: Values
are as follows: Average Indicators for $: Single Family
+3%, Multi- Family +5% and Vacant Land +10%. Median
indicators for $: Single Family +5%, Multi- Family +7% and
Vacant Land +35%. These indicators translate that the prices
are still fairly stable to last year, increasing slightly.
% Change showing years 2004-2014 YTD: August
monetary volume ($88,825,100) is down 16% from August 2013,
transaction volume (203) is down 6% from August 2013. 2014 YTD
(8 months) monetary volume is up 5% from YTD 2013. YTD 2014
transaction volume is up by 2% from YTD 2013.
Cost Breakdown YTD 2014: There
have been 953 residential transactions YTD 2014 and $478,750,481
gross volume with 72 properties selling for $1M and over-
Compared to 2013 YTD, there were 903 transactions and $453,587,400
gross volume, 76 properties at $1M and over and in 2012
YTD, there were 718 transactions with $365,677,000 gross
volume, 56 properties at $1M and over.
to note: 36% of the real estate closings were cash transactions.
See the complete report;
Title Guarantee Company's August 2014 Market Analysis
Year Residential Gross Volume Housing Index: Summit County
Year Residential Average Price Housing Index Summit County