Brenda Kellen: Home prices rise, sales slower in 2008 | SkyHiNews.com

Brenda Kellen: Home prices rise, sales slower in 2008

Q. What does 2008 look like compared to 2007 in terms of closed transactions?

A. I took some time to research closed residential sales and am providing the following information based on Grand County MLS data, this does not take into account transferred warranty deeds on properties that were not in the MLS.

Residential statistics – Jan. 1 to Aug. 18, 2007 and 2008

Granby

2007: 55 sold / $105,000 – $838,000

2008: 35 sold / $171,500 – $820,000

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Great Lakes

2007: 40 sold / $90,000 – $1,850,000

2008: 15 sold / $200,000 – $1,750,000

Hot Sulphur Springs

2007: 11 sold / $109,000 – $300,000

2008: 7 sold / $194,000 – $362,000

Kremmling

2007: 31 sold / $99,000 – $2,100,000

2008: 22 sold / $68,000 – $409,000

Winter Park

2007: 56 sold / $185,000 – $2,225,000

2008: 36 sold / $272,000 – $2,222,000

Totals

2007: 193 sold

2008: 115 sold

For more insight into the current real estate market, please contact me directly at (970) 485.1115, visit my website at http://www.gokremmling.com, or e-mail me at brenda@tombrenda.com. I have been selling with Omni Real Estate for over 10 years and help buyers and sellers in both Grand and Summit County.

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