May's Data for Garfield County is out now. Good news:
- Bank sales dropped quite a bit with only 5 in May, compared to 16 in April.
- Snapshot Values are looking steady:
- Single Family +6%
- Multi Family +17%
- Vacant Land -20%
There were a total of 201 DOT recordings in May with 61% of Sales having financing at the time of closing, while 39% were cash at closing. Even though it was slightly off last May - this was the best month in Gross Sales so far this year for Garfield.
YTD Gross Sales are up +14.67% from last year... and YTD . Transactions down at -5.56%. Less sales, but higher valuations!