Land Title just published their second quarter statistics for some of the most popular mountain communities. I think one of the things that surprised me most is that in Pitkin and San Miguel where Aspen and Telluride are, over 50% of the buyers are from out of state. This is a very substantial proportion. Both of these areas have their own airports which make the access from other states fairly easy, however, the drive time from Denver is well over 3 hours.
On the other hand, Grand County has the largest portion of Front Range buyers followed by Summit County then Eagle County. It seems that the proportion of Front Range buyers is directly correlated to the distance. When considering a mountain home, your travel time can definitely be a big factor as you don’t want to spend your entire weekend driving. If you have been thinking about a mountain home, contact me today!
Mixed Stats for Second Quarter for Real Estate Transactions
Land Title is a local company within Colorado and has been in business since 1967. To help partner with our customers and local communities, we’d like to share some valuable information on the real estate market in seven of our Colorado mountain communities of Aspen (Pitkin County), Breckenridge (Summit County), Steamboat Springs (Routt County), Glenwood Springs (Garfield County), Winter Park (Grand County), and Vail (Eagle County) and Telluride (San Miguel County).
2016 Second Quarter Highlights from the Seven Counties: