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.
Author:Janene Johnson Phone: 970-531-2284 Dated: July 19th 2013 Views: 2,754 About Janene: Raised on the east coast, Janene moved to Colorado after falling in love with the area while here on...
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