Trend$: **No slowdown in sight for Summit County, Colorado Real Estate! Our listings are about 1/3 of normal, we are entering a very sellers' market=about a 3 month supply of homes available**
Here is the Land Title Guarantee Company's October Market update;
Market Analysis % Change showing years 2014 vs 2015:Monetary volume ($156,891,050) in October is up 21% compared to October 2014. Number of transactions (284) are up 7% in October 2015 compared to October 2014. YTD (10 months) Summit County real estate is up 30% in monetary volume ($1,121,442,611) and up 18% with number of transactions (2056) compared to YTD 2014.
Luxury Market; There were 24 properties that sold for $1M and above in October. This year 164 properties sold for $1M and over, compared to 2014 YTD 106 properties at $1M and over and in 2013 YTD 104 properties sold at $1M and over.
Land Title Purchaser Highlights: In October, our buyers for real estate transactions were the Front Range demographic at 46% of our market, 23% are local and 31% are out of state buyers, with 0% International. 37% of the real estate closings were cash transactions.
See the full report;
Land Title Company's October 2015 Market Report
Mountain Resorts Q3 Analysis
27 Year Annual Appreciation Chart
27 Year Residential Total Sales
27 Year Average Price-Summit
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