OCTOBER 2018 – THE FIGURES ARE IN

Total dollar volume for real estate in Routt County was $95.95M compared to $71.9M last year – up 33.4%.  Gross volume for YTD is up 7.66%. Total transactions were 155, up 2.65% from October last year, however YTD transactions remain down 6.74% compared to same time 2017.

Brief summary:

  • Average residential price is $691,948 YTD
  • Average price per square foot $346
  • 59% of residential transactions in October were below $500,000
  • Local buyers made up 45% our sales in October in Routt county
  • There were a total of 148 loans in October with 58% of purchasers closing with financing at the time of sale while 42% closed with cash.   There were 63 refinance transactions.

Click here to see the full market analysis from Land Title Guarantee Company