Estes Park Real Estate Market Statistics for January 2010

Sam Basel February 2, 2010

Statistics-icon-smallHappy February and a Happy Groundhog Day. Its a pretty sunny day out so that means the groundhogs/marmots in Estes Park should have been scared back into their burrow and signifying another 6 weeks of winter. I guess thats no big deal for us since our biggest snows come in March and April.

Januarys statistics were very encouraging for single family homes. We saw another uptick in median prices continuing the “bounce” I mentioned in last months update. Unfortunately, that wasn’t quite the case for condos even though the median price didn’t go down very much from last month.

Another thing I wanted to point out about this past months stats were that the homes that sold last month were all higher than the median price for the past year. It was a very good month for the higher end side of the market. This is a very good trend for home values and hopefully it will continue into the coming months.

If you would like to see a more graphical representation of how the market is doing, check out my Estes Park Real Estate Statistics page. Also, I would be happy to generate a more focused statistical analysis on the types of property you are interested in.Contact me here.

Single Family Homes

177 – Active on the market (4 more than last month and 23 more than this time last year)
8 – Sold in January (Same as last month and 4 more than January 2009)
11 – Currently Pending (2 less than last month and 1 less than this time last year)
$345,000 – Median Price of trailing 12 months of sales
$872,000 – Most expensive home sold in January
$355,000 – Least expensive home sold in January

Condominiums and Townhouses

86 – Active on the market (4 less than a month ago and 3 more than this time last year)
5 – Sold in January (3 less than last month and 3 more than January 2009)
8 – Currently Pending (1 more than last month and 7 less than this time last year)
$236,000 – Median Price of trailing 12 months of sales
$365,000 – Most expensive condo sold in January
$139,000 – Least expensive condo sold in January

Vacant Land

102 – Active on the market (7 more than a month ago and 30 more than this time last year)
0 – Sold in January (1 less than last month and same as January 2009)
0 – Currently Pending (Same as a month ago and 1 less than this time last year)
$105,000 – Median Price of trailing 12 months of sales
0 – Most expensive Lot sold in January
0 – Least expensive Lot sold in January

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