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Garfield County Market through December 2013

According to the Garfield County Market Analysis, December 2013 saw an increase of $36,496,800 in dollars which brings us up 29.5% from December 2012. Total transactions for the month increased 18% over last December.

Glenwood Springs led the county in transactions, followed by Rifle, Carbondale, New Castle Silt, and Battlement Mesa. Bank sales accounted for 18% of the transactions.

The average single family home sold price was $317,879, which showed a decrease of 4.5% from the full year of 2012, but the median single family home sold price was $255,250, which showed an increase of 13.4$ from the full year of 2012. Local buyers were still the majority at 82%, with 10% of buyers out of State, and 8% from the Front Range.

In December 49% of the sales were financed and 51% were cash sales.