Greetings from 9600 feet, Spring Skiing has begun and we've all gone to Heaven!
Here is the Land Title Guarantee Company's January Market update;
*Market Analysis % Change showing years 2004-2015: Monetary volume ($66,536,300) is up 28% from January 2014, transaction volume (127) is up 25% from January 2014. January 2015 shows the best improvement in a January with both monetary volume and transactions numbers since 2008! 39% of the real estate closings were cash transactions.
*2015 Average Price History: Average residential pricing is up from 2014: Single Family- $891,931, Multi- Family-$419,224 and Vacant Land-$434,482. This graph on page 7 is a great piece to show your that our market has held it's value over all these years.
*Residential Market Sales by Price Point: There were 12 properties that sold for $1M and above in January. The most active price point in January was between the ranges of $200K to $300K. There were 32 Single family, 66 Multi-family and 11 Vacant land transactions in January.
See the full report;
Land Title Guarantee Company January 2015 Market Analysis
27 Year Annual Appreciation Chart
27 Year Residential Total Sales
27 Year Average Price-Summit
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