May 2009 Market Analysis from Summit County
Attached, you will find the Land Title Guarantee Company May 2009 Market Analysis from Summit County.
· Summit County 2004-2005-2006-2007-2008-2009 Graph Comparison
· Cost Breakdown, May 2009 for Residential Improved Units (New Construction, Resales and May Gross Residential Price Index and YTD Gross Residential Price Index), also shows Full Year 2008, 2007 and 2006 Gross Residential Price Index with # of transactions, total volume and average price
· Cost Breakdown for Residential Improved Units YTD (2009, 5 months) and the Cost Breakdown YTD from 2007 and 2008 for comparison
· Summit County Market Analysis % Change from 2004, 2005, 2006, 2007, 2008 & 2009
· Market Analysis by Area for the month of May 2009: On the Market Analysis by Area report we have added a color coded system;
Green Text indicates an increase from the previous month’s value.
· Black Text indicates the value is the same or not applicable from the previous month’s value.
· Red Text indicates a decrease from the previous month’s value.
· Colored text is not used for % Calculations – all of those columns will remain black
· Price per Square Foot (PPSF) was added last month on the far right.
· Market Analysis by Area YTD ( 5 Months) 2009
· Summit County real estate Residential Price Index YTD comparing 2006, 2007, 2008 & 2009
· Top Lenders’ Graph (Loan Breakdown- Refi’s, Timeshares and Cash Deals)
· Top Lenders’ Summary for May
Some Marketing Points:
-May had the highest average transaction price so far in 2009
-The gross Residential Volume in May is higher that the total volume for any month this year
-There were 17 sales over $1M-16 of them were Residential. The other one was a $5M sale considered a development parcel known as Eagles Nest Mountain Ranch.
-There was a decline in DOT recorded contributed to the decrease in Timeshare loans; REFI’s and new sale loans were strong in May.
· Please note that Land Title data comes from actual recorded transactions at the County Clerk and Recorder’s Office for that particular month. The information is not directly related to Summit County MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate. If you choose to utilize this marketing information in any publications or websites, please make sure you are quoting Land Title as your source.
Summit County Colorado real estate
Related posts
- $8.28 Million Breckenridge Home Sale Sets Record. Summit County’s Most Expensive Residential Lot Sells For $3.3 Million
- April 2009 Resort Real Estate Index by County from Eagle, Garfield, Pitkin, Routt and Summit Counties
- April 2009 Summit County Real Estate Market Analysis
- Summit County Co real estate market 2009
- March 2009 Summit County Real Estate Market Analysis
Thanks for Your Analysis from Summit County