Rifle leads county in first quarter real estate transactions
First quarter real estate transactions show Rifle out ahead of the pack. Year to date, Rifle has accounted for nearly 26 percent of the total transactions for the county, reporting 30 (12 of which were in the month of March).
Carbondale, which was most often the leader for 2008, is reporting 16 percent of the transactions with 19 and is followed closely by Glenwood Springs at 14.5 percent with 17. New Castle and Silt came next with 14 percent (16) and 12 percent (14), respectively. Rounding out the total were Parachute with 6 percent of the transactions at 7 and Battlement Mesa with less than 1 percent of the transactions, reporting a single transaction.
With respect to dollars, Carbondale continues the 2008 trend and is the county leader. Undoubtedly, higher property values in Carbondale as compared to other areas of the county assist in maintaining this ranking. Carbondale reports nearly $11.1 million in transactions, representing 27 percent of the total.
Rifle holds the second place spot with $8.8 million, 21 percent of the total. Glenwood and New Castle are neck and neck with $6.9 million (17 percent) and $6.5 million (16 percent), respectively. Silt is reporting $4.6 million with 11 percent of the dollars, while Parachute claims $3.2 million with 8 percent. Again, Battlement Mesa falls in last with $178,000, at less than 1 percent of the total dollars.
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