July 2009 is the only month so far this year that has reported an increase over 2008 in dollar volume for real estate transactions. Included in that calculation is the notable $43,000,000 sale of a single family residence in Aspen, in which Joshua & Co. represented both the buying and selling side.
Despite the dollar volume increase, the total number of transactions in July was down 34.8% from the previous year to 43 recorded transactions.
To date this year, total dollar volume of $598,093,422 is down 28.9% from last year. Transactions to date total 374 and are down 27.8% from the same period in 2008.
The year to date average single family home sold price in Pitkin County is $5.3 million, up 4% over last year (please note, this figure includes the $43 million dollar sale). The year to date median single family home sold price in Pitkin County is $3.8 million, down 6% from last year.
*This information was obtained from a report compiled by Land Title Guarantee.
Posted by rebecca on
September 01, 2009 in