EAGLE COUNTY — It’s easy to see continued grim news in the county’s real estate market. And there’s plenty to be glum about. But there may be some signs of a slow rebound.
The good news is the number of sales last year. While sales in 2011 are at the same levels as sales in the late 1990s, it’s a marked improvement from 2009, when sales dropped more than 40 percent from the previous year.
Dollar volume for 2011 won’t match 2010’s level, but it will finish above $1 billion for the second year in a row. Dollar volume in 2009 dropped to just more than $800 million, a figure that hadn’t been seen since about 1997.
While those sales numbers don’t come close to 2005, the high-water mark for transactions, Chad Brasington, a broker with Prudential Colorado Properties, said he’s starting to see some good signs in the market, particularly with consumer confidence.
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