Total Closed Volume for 2015 Year to Date is $1,637,500 as compared to just $189,000 for the first 8 days of last year- an increase of over 766%. The total number of closings was up by 100% with 4 reported so far this year against only 2 closings for the same period of 2014.
We don’t want to take too much away from this very limited measurement of the market. It really demonstrates how making assumptions or declaring trends too early or based on too little data can be misleading, or worse, it reminds us how statistics can be used to purposely deceive people. See How Statistics Lie: Click Here
Still, we welcome this positive change relative to last year and hope this early sign of improved momentum will continue. In all likelihood our market will have a tough time continuing on this level of performance as compared to last year, but perhaps overall things are heading up as I reported in my Year End Real Estate Report and Future Forecast.
For real estate information that is accurate and insightful, drop me an email MikeHeraty@frontier.net or call me at 970 264-7000.
Thanks, Mike
www.PagosaSource.com
