Did early snow cause January value drop?

13th March, 2016 by

By scott miller

EAGLE COUNTY — One month doesn’t make a trend, but Eagle County’s real estate recovery took a hit in January. Was it because of December’s good snow?According to data from Land Title Guarantee Company, which tracks closed transactions recorded by the Eagle County Clerk and Recorder’s Office, there were 116 completed sales in January. That’s the same number as the same month in 2015. The difference was the value of those transactions — $109 million this year, a 25 percent decline from January of 2015.The difference was sales of very expensive homes. For the month, only one home sold valued …

Source:: Vail Daily Feed

      

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