Monday, January 3, 2011
Land Title Guarantee Co. has just released comparative real estate performance statistics for November 2010 and the year-to-date. Here are some highlights:
Six properties with a sales price of over $4 million sold in November bringing the number of sales in this price range to 41 for the year. These high-end sales in 2010 represent 25% of the overall dollar volume in the county. Many of these sales were from the Solaris project in Vail Village, which has seen 16 sales, averaging $7.4 million.
Eagle County real estate sales totaled $113,577,217 in dollar volume in November, an increase of 38% over November 2009's $82,428,395.
Year-to-date dollar volume through November 2010 totals nearly $1.4 billion, up 71% over dollar volume for the same period in 2009. Moreover, the number of transactions completed so far in 2010 is up 37% over 2009 … 1,153 compared to 843.
Multifamily homes continue to be the largest selling market sector with 555 transactions year-to-date, representing 54% of the total market. Single family homes follow next with 396 transactions year-to-date, equal to 39% of the market. Vacant land consists of 7% of all Eagle County sales.
• Average sales price was $1,014,082
• Vail Village had 16% of the overall dollar volume in November
• East Vail had the most transactions with 10
Contact me at email@example.com to request an emailable or print copy of the Land Title data.
BULLETIN! Preliminary numbers indicate December was BU-SY ... even with Christmas falling on a Saturday. Brokers for my firm, Slifer Smith & Frampton, wrote more than $76,450,000 in new contracts last month in the Vail Valley area and participated in more than $111,900,000 of new business written.