2014 showed sparked real estate interest in the mountain resort communities

Land Title is a local company within Colorado and has been in business since 1967. To help partner with our customers and local communities, they have shared some valuable information on the real estate market in seven of our Colorado mountain communities of Aspen (Pitkin County), Breckenridge (Summit County), Steamboat Springs (Routt County), Glenwood Springs (Garfield County), Winter Park (Grand County), and Vail (Eagle County) and Telluride (San Miguel County).

2014 Highlights from the Seven Counties:

  • Buyer Profile: 44.84% local, 23.89% Front Range, 30.25% Out-Of-State, 1.02% international
  • All counties saw an increase in gross sales volume over 2013 numbers with San Miguel with the largest increase at 49.78%
  • Single family average price up in all markets. Top two counties were Eagle with a 27.39% increase and San Miguel with a 32.45% increase
  • Eagle County saw a substantial increase in new construction with 137.64% of its gross transactions being new construction.

Summit County saw a 7% increase in real estate transactions in 2014 over 2013 and is up 41% from its 2011 transactions counts.

San Miguel County:

  • Median Residential Price up 20.15% from LY numbers
  • Average Residential Price up 32.45% from LY numbers
  • Gross Sales Volume up 49.78% from LY numbers
  • Real Estate Transactions up 29.9% from LY numbers
  • Buyer Profile: 33.27% Local, 3.23% Front Range, 62.17% Out-of-State, 1.33% International

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