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Real Estate Highlights

Land Title CompanyGlenwood Springs, CO Colorado

Garfield County saw record numbers in November. It was the highest reported month yet with a total dollar volume of $127.8 million from 241 transactions, a 24 percent increase over November 2005 at $102.8 million, which was also the next closest month in history. This puts year-to-date 2006 sales volume of $939.6 million ahead of 2005 by 20.9 percent; 2005 was a Garfield County record-breaking year with a total sales volume of over $777 million. Looks like we might just break that billion dollar mark!November Highlights• 121 single-family homes sold throughout the county, producing an average price for November of $490,653, a 16 percent increase over last month. • Average sale price for multi-family homes for November was $237,997. • Carbondale claims 49.5 percent of market volume in the county, reporting $63.3 million. Behind Carbondale was Glenwood Springs at $19.8 million, or 15.5 percent. • Glenwood Springs reported the highest number of transactions again with 62.• The median home price in Silt surpassed New Castle for the month of November at $259,100 to New Castle’s $245,000.• 52 vacant lots were sold, totaling almost $9.8 million at an average sales price of $189,913.• Median residential sales prices for October reported as follows:Carbondale – $522,500Glenwood Springs – $270,200New Castle – $245,000Silt – $259,100Rifle – $264,250Parachute – $226,500


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