Real Estate At A Glance: Condominium sales – Week of Feb. 12, 2011 |

Real Estate At A Glance: Condominium sales – Week of Feb. 12, 2011

Special to the Daily

With only one month in the data for 2011, the numbers look terrible. But the liquidation of seven new Water House on Main units in Breckenridge drained off resales. Even so, 19 resale condominiums sold in January, down from 27 a year ago. The average price is down by 13 percent from last January, but the Water House units displaced some likely resales at or near the same price. Average prices will improve as the year goes on.

There were just under 1,800 properties for sale last week, 687 of them were condominiums.

$399,700. . . average January condominium sale price if Water House were included.

$313,300. . . average January 2010

condominium sale price.

Chuck Leathers is the broker/owner of Chuck Leathers Real Estate Co. He can be reached at (888) 485-2300 or e-mail him at Chuck

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