2007 vs. 2008 Sales Data

It is a great time to buy in the Winter Park Area!  The charts below detail the market trends in 2008 (compared to 2007).

Residential
  Number Sold Sold Volume Average Sale Price Percent of List Days on Market
Area 2007 2008 Change 2007 2008 Change 2007 2008 Change 2007 2008 Change 2007 2008 Change
Granby Area 90 55 -38% 36,104,199 20,847,920 -42% $401,158 $379,053 -5% 97 94 -3% 223 185 -17%
Winter Park Area 221 114 -48% 135,368,122 68,800,285 -49% $612,525 $603,511 -1% 98 97 0% 254 219 -13%
                               
Condominiums
  Number Sold Sold Volume Average Sale Price Percent of List Days on Market
Area 2007 2008 Change 2007 2008 Change 2007 2008 Change 2007 2008 Change 2007 2008 Change
Granby Area 88 34 -61% 17,285,875 6,027,178 -65% $196,430 $177,270 -9% 98 94 -4% 189 149 -21%
Winter Park Area 250 292 16% 71,230,784 115,080,672 61% $284,923 $394,112 38% 98 101 3% 135 126 -6%
                               
Vacant Land/Acreage
  Number Sold Sold Volume Average Sale Price Percent of List Days on Market
Area 2007 2008 Change 2007 2008 Change 2007 2008 Change 2007 2008 Change 2007 2008 Change
Granby Area 46 21 -54% 9,676,770 3,188,100 -67% $210,365 $151,814 -27% 92 94 1% 344 158 -54%
Winter Park Area 108 28 -74% 41,013,560 8,233,650 -79% $379,755 $294,059 -22% 85 89 5% 340 232 -31%

The above information obtained from Grand County MLS and while deemed reliable is not guaranteed. 

RMRA End of Year 2007 (stay tuned for 2008 year-end data)

The following 2007 data was compiled by the Rocky Mountain Resort Alliance and shows the comparison between Grand County and other Colorado resort communities.  Grand County is still the most affordable option with a lot of inventory.  It is a great time to buy in Grand County!

    Grand Co. Aspen (*) Steamboat Summit Co. Telluride Vail
# of Agents 206 711 425 820 248 810
               
# of Homes 1,784 314 251 1422 136 539
Active Listings Condos 889 345 157 1378 261 691
  Land 1,358 149 557 440 129 293
  Other 145 233 279   103 259
  Total 4,176 1,041 1,244 3,240 629 1,782
             
# of Homes 447 238 425 943 79 929
Units Sold Condos 355 396 434 1196 149 965
  Land 228 86 423 324 47 212
  Other 21 131 443   80 152
  Total 1,051 851 1,725 2,463 355 2,258
             
Total Homes $222,405,454 $987,071,379 $341,331,667 $721,375,968 $241,776,755 $1,371,203,800
Volume Sold Condos $91,715,284 $523,222,347 $176,613,035 $459,522,950 $171,239,700 $896,662,800
  Land $64,551,540 $216,186,982 $193,499,808 $125,154,327 $77,964,625 $109,291,600
  Other $8,349,900 $94,489,909 $291,038,878   $27,346,086 $264,148,500
  Total $387,022,178 $1,820,970,617 $1,002,483,388 $1,306,053,245 $518,327,166 $2,641,306,700
             
Average Homes $497,551 $4,147,359 $803,133 $764,980 $3,060,465 $1,476,000
Sales Price Condos $258,353 $1,321,269 $406,942 $384,217 $1,149,260 $929,184
  Land $283,121 $2,513,802 $457,446 $386,279 $1,658,822 $515,526
  Other $397,614 $721,297 $656,973 - $341,826 $1,737,819
Total $368,242 $2,139,801 $581,150 $530,269 $1,460,077 $1,169,755

(*) Aspen had 19 sales of homes over $10,000,000

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