Sales in Routt County Continue to Move in Positive Direction
Posted on January 29th, 2010 by SteamboatReal in NewsThe overall trend of real estate sales in Routt County continues to look positive as December’s sale numbers are released. Following the positive market turn seen in November, the sales volume was just over $83 million for December. With both the sales volume and units sold at levels that were 200% better than sales in December of last year, the market continues to be heading in the right direction. Notable were the 6 sales in the new Edgemont development, which averaged over $2 million each. The chart below is a quick look at the overall sales volume over the past 7 years. As can be seen from the 2009 figures, the end of this year has picked up significantly.
A recent NY Times article comments on the recent upswing in ski-town purchases, crediting the recent, positive trend in the stock market as a major driving factor in beginning to turn many people’s opinion on buying a second home. For more in-depth charts and figures on the past years financial growth in Routt County, please contact me at jon@mybrokers.com.
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