Answers to the Quiz, January 28, 2016

Sometimes, you need to look carefully.

1. January 28, 2016: 19 Active Listings in the Town of Dillon. 

2.  January 28, 2016:  20 Pending Contracts/Listings. (do you know how to figure Absorption Rate and what the rate indicates?  What item would we want to add to figure Absorption Rate.

3.  Direct Quote from the Annual Report on Summit County Real Estate provided by Land Title.

Market Snapshot for Years 2015 vs 2014:  Final 2015 values held strong and are as follows: Average Indicators for $: Single Family +9%, Multi- Family +12% and Vacant Land +17%. Median Indicators for $: Single Family +7%, Multi- Family +19% and Vacant Land +8%.  

Contact Bob to get complete Report or for more details on the market. bn/1-28-16