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Market Trend$:

More great news for sellers! It appears that our lack of inventory is having a large effect on sales volume. After a strong February~March was fairly flat year over year. If you are a buyer waiting is costing you $$.

Here is the Land Title Guarantee Company's March 2016 Market update;

Market Analysis % Year over Year 2015 vs 2016:

-Monetary volume ($86,347,800) in March was up 4% compared to March 2015.

-Number of transactions (136) was down 9% in March compared to March 2015.

-YTD 2016: monetary volume is up 8% and transactions fairly flat at +1% compared to YTD 2016. I believe this is due to lack of inventory.

Luxury Market;

- There were 14 properties that sold for $1M and above in March. YTD 60 properties selling for a $1M and over compared to 2015 when 46 properties sold at $1M and over YTD.

-Full Year 2015 198 properties sold for $1M and over vs 2014 126 properties $1M and over. That’s a 57% increase YOY. Amazing. In 2013~122 properties sold at $1M and over. 

-36% of the real estate closings were cash transactions.

Land Title Purchaser Highlights:

- 40% of our buyers were from the Front Range

-32% are local full time residents which includes “retirees” relocating here

-29% are out of state buyers,

-0% of Buyers were International

See the full report;
Land Title Company's March 2016 Market Report

Mountain Resorts Q4 Analysis

28 Year Annual Appreciation Chart

28 Year Residential Total Sales
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For Tom Driemeyer, there’s only one way to do things: Go Big!
Whether he’s on another outdoor adventure in the scenic Rocky Mountains or
helping his real estate clients achieve their buying and selling dreams,
he’s a professional who knows how to make the most of every opportunity.

When you work with Tom, you can count on him to give his all every step of the way. He wants you to dream big and set your sights high. If you are looking to seize your real estate opportunities in The Rockies Go Big with Tom Driemeyer!

Call him today.



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