According to Land Tilte Guarantee Company the Real Estate Sales for 2012 have started out strong with $100 million in total dollar volume, the highest January volume since the month of January 2008.
In January, there were 90 transactions creating the average sales price of $1.2 million. There were 6 residential transactions which sold for over $4.5 million each. Vail Village had the highest selling priced home of over $13 million and a Bachelor Gulch home was the second highest price of over $11 million.
The high end market is showing strength but the down valley market is also strong. Gypsum had 21 transactions in January with the average selling price of $230,818.
Properties selling for under $500,000 accounted for 50% of the sales in residential transactions and 10% of the total volume. Four transactions over $5 million each accounted for 42% of the dollar volume.
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