Getting your player ready...
ASPEN – —The Pitkin County real estate market started 2012 with a bang compared with the prior two years.
Property sales of all types totaled $96.65 million in January, according to a report by Land Title Guarantee Co. That was an increase of 15 percent from the $84.14 million in sales in January 2011, the report showed. Sales were only $55.35 million in January 2010.
The number of transactions dropped by 29.5 percent, from 78 in January 2011 to 55 for the same month this year, according to the firm’s market analysis.
The performance in January turns around a poor finish to 2011. Last year looked strong going into the fourth quarter, but poor sales in October and December doomed chances to post a big gain over 2010.
Read more at:
