Two reasons for frustrated buyers to be hopeful. Mortgage rates are back down and inventory levels are rising. Mortgage Rates Experience ‘Summer Swoon’ as Fed Maintains Status Quo“The
Land Title Market Analysis September 2018
Dated: November 14 2018
September 2018 - Market Analysis
September real estate in Eagle County is back on track compared to 2017 after a slight lull in August numbers: September 2018 total dollar volume was $200M+ compared to 2017s $151M+. Transactions were comparable with 187 this year to 2017's 194. Year to date numbers are about equal for both the dollar volume and transactions with last year’s numbers.
Five high end sales over $5M were again the driving force for the high dollar volume in September. The five sales totaled nearly $34M and averaged $6.78M. The highest sale was a duplex sale on Forest Road that sold for $9,250,000. A sale at Lodge South had the highest PPSF sale at $2,461.
Through September, 2018, the category with the highest number of residential sales, 39%, were in the price range between $500,000 - $1,000,000. This is the first time in recent years where the most activity did not occur in the under $500,000 category.
Click the link below to access this months complete Market Analysis.
September 2018 Market Analysis
CTTO : Land Title Guarantee Company
Mark grew up in Baltimore, MD and moved to the Vail Valley in 1992. He didn’t wait long after moving here to open what is now one of the most successful ski shops in the valley, Venture Sports. Seve....
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