Real estate is looking up. In the October Sales analysis provided by Melissa Gibson of Land Title, she reports: We can start with some good news – October was a great month! With $54.8M in gross sales and 129 transactions it was the second best gross volume month this year – and the best transaction month!
Here’s the rundown:
Gross Sales were up +26.18% over last October, with the YTD. at +15.48%
Transactions were up +8.40% over last October, with the YTD. at +11.33%
Bank sales were slightly up with 9 this month, compared to 7 in September.
Snapshot values YTD compared to 2012 are as follows:
Single Family +10%
Multi Family -4%
Vacant Land -20%
There were a total of 137 Deeds of Trust recorded in October which includes both purchases and refinances. For the purchase transactions, 51% of the sales had financing at the time of sale – 49% were cash at the time of sale.
Full report – Routt County Real Estate Sales-October 2013
The snow is great, the mountain is open and we are ready to show you property or give you good advice about your property value if you are considering selling.