Western Resort Real Estate Numbers Q1 2006

Good day,

I’ve been compiling stats and various data in preparation for my Western Resort Outlook (WRO) report. The WRO Report is available by request only. This month’s report outlines what is going on in other Western and Rocky Mountain resort communities with their real estate activity. Incredible stuff for sure specifically when it comes to each resort’s overall transaction volume.

For the 1st quarter of this year, here is a highlight:

Total Volume of Closed Real Estate Transactions:
Park City: $ 543 million
Steamboat: $107 million
Summit County: $ 237 million
Telluride: $ 162 million
Vail: $ 465 million

Average Sales Price of a Single Family Home:
Park City: $ 1,089,000
Steamboat: $ 707,000
Summit County: $ 525,000
Telluride: $ 2,648,000
Vail: $ 1,121,000

By comparison, Crested Butte saw around $ 53 million in sales during the same 4-month period. The average sales price of a single famly home in the Town of Crested Butte is currently $863,000. (first six months of this year)

Channing Boucher
Visit Crested-Butte-Real-Estate.com