Market Information

Summary for the month of January 2012, Garfield County

• $22,066,900 - total dollars for the month, an increase of 26% from January 2011
• 71 - total transactions for the month, an increase of 27% from January 2011
• January 2012's transaction and dollar totals represent the strongest January in both categories since 2008
• Rifle led the county in transaction activity for the month reporting 15 transactions ($3.7 million), Carbondale -14 ($6.5 million), New Castle - 14 ($3.17 million), Glenwood Springs - 11 ($1.57 million), Silt - 8 ($1.8 million), Parachute -6 ($2.9 million), Battlement Mesa - 2 ($552,500), and Rural Garfield County - 1 ($1.8 million).
• Bank sales (bank as the grantor) for the month totaled 24 and $4.65 million. This accounted for 34% of the transactions and 21% of the dollars

7 - Carbondale, 7 - New Castle, 4 - Glenwood Springs, 4 - Rifle, 1 - Silt, 1 - Battlement Mesa

• The average single family sold price for January was $379,772, this is an increase of 22% from full year 2011
• The median single family sold price for January was $278,500, this is an increase of 24% from full year 2011
• In January, 78% of the single family transactions sold for $400,000 or less

Land Title's January 2012 Garfield County Market Analysis

Featured Listing

Imagine the opportunities for a 78 acre parcel of land borders 625' Highway 82 frontage, zoned ARRD, Agricultural-Residential property. South facing, approximately half is gently flat and rolling & some steep hillside. Most recently used as a kennel operation & corrals for horses and 4-H animals. The kennel building is approx 3792 sq ft and has 58 indoor/outdoor runs, grooming room, office, kitchen, laundry, storage,& reception area. A perfect gentleman's ranch, tree farm, or possible subdivision. A unique opportunity mid-valley at a great price. Offered for $799,000 For Sale or Lease option