January 2010 dollar volume doubled that of January 2009 with a volume $86,864,200. The number of transactions comes in at 72% above last year, with 79 compared to 46 a year ago. The average sales price for January hit $1,108,616 with a median price of $735,000.
Included in the January sales numbers are 19 Westin residences which averaged $732,479.
The sale of the Cotton Ranch Golf Course in Gypsum also boosted the sales figures at $2.5 million.
January 2010 had a total of four transactions over the $4 million mark. The highest sale price came from an Arrabelle residence, closed at $5.75 million.
January Highlights:
• Single family homes averaged $1,694,616
• Avon had nearly 1/3 of all transactions and more than 20% of the dollar volume due to the Westin sales.
• The Arrabelle sale in LionsHead created the highest average price of any area at $5.75 million
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