Mid Year Statistics

Mid Year Statistics

Mid Year Statistics for resort real estate in Winter Park, Colorado show that we’re continuing to recover, slowly but surely.  Interest rates are still phenomenal, albeit slightly up from the last year.   Considering that our typical busy season doesn’t even start until the 4th of July, we’re doing very well.  Here are some interesting facts in the sales that have occurred between January 1, 2013 and July 19, 2013.

For residential sales in the Winter Park area, the statistics show that while the number of transactions is slightly higher as compared to this same time period in 2012, the average sales price and the total volume is lower than in 2012.  Since the average sales price as a percentage of list price is 2% higher than last year, I believe that the pricing is just more realistic.

The good news is on the condominium information.  The number of transactions increased by 27%, the total volume increased by 38% and the average sales price increased by 8%.  There are still many fantastic deals out there in the condominium market in Winter Park.  With the ski season right around the corner, potential rental income on the property could be attained quickly.


Vacant land sales has also been slowly recovering.  The number of transaction increased by 125%!  The total volume increased by 45%.  The average sales price decreased by 35% but given the fact that land is actually selling, we’re all thrilled up here in the Rocky Mountains.


Janene Johnson Headshot
Author:
Phone: 970-531-2284
Dated: July 19th 2013
Views: 2,528
About Janene: Realtor Since: 1994 Community: Winter Park-Fraser Valley Rotary Club, Grand County Board of Realt...

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Real Estate of Winter Park
PO Box 58
Winter Park, CO
970-660-4383
970-726-2616