Area Real Estate Numbers Improving
The High Country Association of Realtors released statistics on Tuesday, August 11, for residential homes sold through the end of July. When compared with earlier months this year, the numbers indicate a gradual improvement in residential sales in the area, as well as in the median sold price of residential properties.
But the recovery has still not caught up to last year’s numbers. In July, the number of residential units sold was down 25.2 percent from the same time last year and the median sold price for residential property was down 6.8 percent.
