I was searching for information and came across some interesting statistics about our market. Over the last 8 years housing prices are up. Over the last 2 years they are relatively flat. In terms of numbers of sales this is where we see the greatest swing. As numbers of units sold over the last 2 years are down.
What this means , and I believe it is true all over the mountains not just in Jasper is that since mountain property is the second most sought after behind water front, our values are holding. So if you are looking to buy now is a good time. As we come out of this recession and housing mess I think you will see a big increase in demand and a corresponding increase in price.
The strength of the price numbers surprised me. The reduction in units sold did not. We are your mountains Realtors. Visit us on line at www.allmountainrealty.com
****************************************************************************************
Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog
On line at www.allmountainrealty.com Call at 706 579 1098
Charlie,
I'm wishing you much success today; thanks for blogging in the Rain!
Mike in Tucson
Charlie, your assessment sounds right. It makes sense. I'm actually happy to hear your take on this as I own a vacation home in the mountains.
HI CHARLIE! The same holds true here in Tucson, in a little village on Mt. Lemmon - home prices there have remained steady. Although the land prices are starting to decline - does the same hold for your mountain land? -- Gabrielle