Courtesy of Land Title Company, we'd like to share some valuable information on the real estate market in seven of our Colorado mountain communities: Aspen (Pitkin County), Breckenridge (Summit County), Steamboat Springs (Routt County), Glenwood Springs (Garfield County), Winter Park (Grand County), Vail (Eagle County), and Telluride (San Miguel County). Here are some highlights.
Eagle County;
- Median Residential Price up 7.84% from Q3 LY numbers
- Gross sales volume is down 9.38% from LY numbers
- Average residential price is up 6.08% from Q3 LY numbers
- Real estate transactions are down 8.13% from Q3 LY numbers
- Buyer Profile: 57.09% Local, 14.95% Front Range, 26.92% Out-of-State, 1.04% International
Pitkin County;
- Median Residential Price down 32.71% from Q3 LY numbers
- Average Residential Price down 34.74% from Q3 LY numbers
- Gross sales volume is down 39.94% from LY numbers
- Real estate transactions are down 9.91% from Q3 LY numbers
- Buyer Profile: 55.92% local, 5.34% Front Range, 36.89% Out-of-State, 1.86% international
Summit County;
- Median Residential Price up 4.87% from Q3 LY numbers
- Average residential price is up 1.97% from Q2 LY numbers
- Gross sales volume is down 1.35% from LY numbers
- Real Estate Transactions up 3.12% from Q3 LY numbers
- Buyer Profile: 31.91% local, 37.1% Front Range, 30.59% Out-of-State, 0.40% International
See the complete report at Mountain Resorts Q3 Analysis.
