It’s springtime in the Rocky Mountains. The grass is green, and people are already out riding bikes and admiring the stunning views of snow-capped peaks. As everyone in the Roaring Fork Valley winds down from the winter season and takes some time for a much-needed off-season vacation, we are beginning to prepare for summer fun in the mountains and listing more exceptional properties.
As snowfalls graced the ski areas this season, the real estate market managed to maintain 2017’s robust activity in the first quarter of 2018.
Activity increased in Basalt in the first quarter of 2018 with 20 transactions versus only 12 in 1Q of 2017. The average price for a single-family home increased 23% to $1,352,500 while the condo/townhome average is down 9%