Overall, we have have outstanding months for commercial, residential, condo and land transactions. Here is our real estate market update for Q4 2021. 2020 Annual Total 2021 Annual Total %+- VELOCITY (Source – MLS) Commercial Sales Volume $32,489,664 $37,868,000 14.20% Commercial Transactions 34 29 -17.24% RESIDENTIAL REAL ESTATE Residential Total Sales $548,730,140 $669,421,577 +18.03% Residential......
Developments – What is happening · Bluecorn Beeswax purchased 1842 South Townsend Ave remodel · Marriott – Springfield to start construction this Spring · Airport terminal expansion in process; hope to completed by the end of year · Several Residential Development is starting to happen 2020 YTD Q4 2021 YTD Q4 %+- VELOCITY (Source –......
PUBLIC POLICY CHANGES Measures 1C – PASSED – Mesa County passed this ballot with 53% for the vote to allow cultivation, manufacturing, and testing facilities of marijuana. School District 51 Measure 4B – APPROVED, construction is planned to start in Fall of 2022 on the new Grand Junction High School. Homeowners of a $300,00 home......
Downtown Delta has started downtown demonstration project of improving traffic flow, pedestrian friendly, redirecting large truck traffic. Delta closed on 6.5 acres for affordable 62 and over 1 bed 1 bath apartments. 2020 YTD 2021 YTD %+- VELOCITY(Source – MLS) Commercial Sales Volume $6,273,900 $17,953,750 65.1% Commercial Transactions 26 40 35% RESIDENTIAL REAL ESTATE Residential......
The economy and real estate market in the Aspen Snowmass area continued to strengthen in 2021 over 2020. New all-time records were set for retail, restaurant and lodging sales, as well as new records for real estate sales. Sales tax receipts were up 30.4% over 2020. Residential property sales hit $3.7 billion a 12.5% increase......
PUBLIC POLICY CHANGES * Towns and County have implemented Short-term rental restrictions* Towns/Summit County has established workforce housing as a top priority DEVELOPMENTS * Breckenridge Gondola lot Development approved for 300,000 s.f. developemnt * Keystone Gondola parcel development is proceeding Commercial RE Velocity (Source – Land Title Guarantee Company) 2020 YTD 2021 YTD %+- Commercial......
The Commercial and Residential overall market conditions in Steamboat Springs and surrounding areas has been very strong for Sellers. 2020/21 was the strongest I have seen in the 25 years I have been selling real estate in the Steamboat Springs area. Industrial/commercial space has been severely impacted, with virtually no listings to choose from. With very little new construction......
Commercial Real Estate sales volume of $42,852,250 with 52 transactions in 2021 is up by 74% compared to 2020 having $11,173,851 sales volume with 18 transactions. Residential Real Estate sales volume for 2021 was up 17.1%, totaling $334,735,264 with 2020 sales volume at $277,612,135. The average house price for 2021 was $606,404 compared to 2020......
Commercial Real Estate sales volume of $12.2M with 14 transactions in Q2 2021 is up 144.6% compared to sales in Q2 2020 of 5 transactions worth $5M. Residential Real Estate sales of $108M in Q2 2021 are up 70.9%% compared to sales in Q2 2020 of $63.2M. Sales Taxes for the City of Glenwood Springs......
Commercial Real Estate sales volume of $78.3M with 101 transactions in Q2 2021 is up 1% compared to sales Q2 2020 with 54 transactions worth $77.7M. Residential Real Estate sales for $1.8B Q2 2021 is up 125.4% compared to sales Q2 2020 of $796M. New commercial real estate development projects include 4 apartment projects for......