Tuesday, July 28, 2009

MARKET ACTIVITY IS UP IN JULY...WAY UP!

Market activity in the Crested Butte area has picked up significantly this month. 25 properties have gone under contract since July 1, totaling more than $20 million dollars, with an average asking price of $817,252. Five of these properties are single-family homes ranging in price from $1,495,000 to $3,495,000. Vacant land remains the slowest to move, with only three home sites going under contract priced from $109,000 to $250,000. The total dollar volume of all properties currently under contract in our area is almost $29 million.