Pitkin County real estate dollars up in July | PostIndependent.com
YOUR AD HERE »

Pitkin County real estate dollars up in July

It’s no secret that the Pitkin County real estate market saw a boost in the month of July with a home sale of $43 million.

As a result of that, Land Title’s market report is showing the only month in 2009 that reported an increase over 2008.

For the month of July, total dollar volume came in at $126,622,273, an increase of 1.73 percent from July 2008.



Unfortunately, the same does not hold true with regard to the transaction total. July reported 43 total transactions, which appears to be on par with the past five months of 2009. The bulk of the July transaction activity took place in Aspen and in the fractional market; these combined accounted for nearly 84 percent of the total. The July transaction total represents a decrease of 35 percent from July 2008.

Year to date, the Pitkin County dollar volume totals $598,093,422, down approximately 29 percent from 2008’s end of July total. Transactions through July total 374 for the county, which lags 2008’s total by approximately 28 percent.


Support Local Journalism

Support Local Journalism

Readers around Glenwood Springs and Garfield County make the Post Independent’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Each donation will be used exclusively for the development and creation of increased news coverage.

 

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User