This week we have the final July real estate numbers for La Plata County. A few trends are still apparent upon viewing the results.
At 105 total sales for the month of July, we see this is higher than last month (90 total), and just slightly lower than July of 2013. This number is still good news for the market. As we have discussed over the last few months the market has stabilized, and it is down a little from last year, but it is still producing solid results.
The median price is up from last year, which reflects positively on the market in the county. Ultimately, this means our market volume is going up some, while are number of sales are declining a little.
Year to date, we are still seeing the majority of transactions in the $200K-$400K market category, which is typical for our market.
Overall, we are seeing the same trends we have discussed over the last few months. Consistency is displayed, as well as a higher median price, so we remain confident in the remainder of 2014.