Garfield County real estate transactions indicate a slow start to 2009 |

Garfield County real estate transactions indicate a slow start to 2009

Garfield County property transfers for the month of January indicated a slow start to 2009. January totaled 38 transactions, compared to 169 in January 2008, which is a decrease of 77.5 percent. Total transactions dropped below the 100 mark back in October, which was the first time Garfield County experienced sub 100 totals since January 2004.

As for dollars, the total was lower than what we’ve experienced in year’s past. The 2009 January transactions represented a total of $16,624,800, down approximately 76 percent from January 2008’s total of $69,205,900.

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