Summer 2011 Update

Salida Real Estate Update, Summer 2011

The median price and number of sales in Salida for 2011 is on track with 2010 – Median Price is down by about 10% from a high in 2009; while the number of sales has declined by about 50%.
Median Price in Salida CO
Median Price trends in Salida
Median Prices & Sales Information
Median Prices (2010) $220,000
Avg. Price/Square foot $170.38
Homes w/acreage median $395,000
# of Sales in 2010 120
What’s on the Market in Salida?
# of homes for sale in town for:
Under $250,000 – 84
$250K – $350K – 65
$350,000+ -38

Buy 1 acre, get 500,000 free!

Almost 80% of Chaffee County’s 650,000 acres is public—so when you live in Salida you have daily access to thousands of acres of beautiful National Forest and Wilderness with dozens of high mountain lakes and creeks and hundreds of miles of trails and 4wd roads A few other Salida Highlights:
  • Great community & small town atmosphere
  • More 14,000 foot peaks than any County in Colorado.
  • Some of the best skiing and snowboarding in CO—Monarch Mountain is only 18 miles away.
  • Arkansas River runs through downtown—over 100 miles to raft, float, kayak or fish.
  • Nice restaurants, coffee shops, art galleries, breweries and bars.
  • Low taxes—$200,000 house pays about $715/year in property tax.
  • Easy access to Front Range—2 hours to Colorado Springs, 3 hours to Denver.

We’ve Moved to 138 North F Street

Colorado Mountain Realty OfficeFor those of you that don’t know yet – Colorado Mountain Realty has a new location! We recently bought this building at 138 North F Street in Salida (in between Mama D’s and J Squared fleece). We now have an update, larger space in a better location – stop by and say hi…

Front of 138 North F

 

 

 

 

 

Trends – Number of Sales in Salida in the last 6 yearsThe number of sales in Salida has dropped dramatically in the last few years – by over 50% when comparing

2007 with 2010. While the overall median price hasn’t dropped much, most sellers aren’t seeing much activity, so with the right Realtor you can find some great deals in Salida right now.

How does Salida compare to other Colorado Mountain communities?

Median Home Price in Salida and Colorado Mountain townsIs Real Estate in Salida a good deal? It’s all relative – compared with parts of Mississipi with prices under $100,000 – not so much. Compared with similar Colorado Mountain coummunities, Salida and Chaffee County rate pretty well. Compared with Aspen ($1,875,000) and Telluride ($2,000,000) it’s a bargain!
Visit mysalida.com to Search Salida & Chaffee County Real Estate Listings and MLS, Find recent sales information and trends, see all Colorado Mountain Realty listings or Connect with Mike Hawley, World’s Greatest Realtor* (*based on survey of my parents)