May is upon us, and that means the numbers are in. This time we'll take a look at two months, March and April. Residential Sales in Ouray County were down 26% from last year March 1st - April 30th. A total of 20 properties sold compared to 27 in 2015. This is a significant drop but not surprising as inventory for low to mid priced homes continues to diminish. This is especially true for properties with close proximity to both the towns of Ouray and Ridgway. RESIDENTIAL SALES Read More
Featured Properties for March
Ridgway Real Estate would like to introduce you to this month's Featured Properties. Check out two 40 acre tracts each offering stunning mountain views and privacy, and then a spectacular home in desirable Pleasant Valley. Property Number I - 40 Acres Featuring Power and a Well Property Number II - 40 Acres Featuring Stunning Views and Privacy Property Number III - Spectacular Home Including a 4 Car Garage Information on all of these Read More
Welcome to the Neighborhood – Vista Terrace
The name Vista Terrace accurately describes this neighborhood. Houses are sprinkled high along the hillsides providing some of the most expansive views of the surrounding mountain ranges and the valley below, while remaining within Ridgway city limits. Located East of Highway 550 Vista Terrace offers a mix of single family homes, and a little more elbow room in a quiet setting. Set amongst pinions and sage this neighborhood offers a wide range of home styles and Read More
February Sales are in!
Welcome to the February Sales report. Thanks to a luxury ranch sale it was a big month for Ouray County in terms of dollars, with over $23 million in sold residential properties. In a case like this where one transaction can skew the numbers it is worth noting the median list price and the median sold price in the table below. Although the total dollars are up, February sales saw a dramatic drop from last year in the number of units sold with 7 this year compared to 17 transactions last Read More
Featured Properties for February
Ridgway Real Estate would like to introduce you to this month's Featured Properties. There is something for everyone: land with utilities, a spacious in-town condo, a horse property with unobstructed views, and a custom built home featuring geothermal heating and cooling. Property Number 1 - Land up on Log Hill Property Number 2 - A 2nd Floor Condo in Ridgway Property Number 3 - A Horse Property with Residence in Ridgway Property Number 4 - A Read More
Welcome to the Neighborhood – Solar Ranch
Even with the sign buried in snow, Solar Ranch is a neighborhood not to be missed. Bordered on two sides by Ridgway town parks, Read More
January Numbers Are In!
The numbers for January are in. Residential sales in Ouray County were down from this time last year with the total number of transactions at 6 and 1,285,000 dollars, compared to 10 and 4,005,500 dollars in 2015. Of interest is the Average Sold Price, coming in at $214,166, down 47% from January 2015, when the average was at $400,550. RESIDENTIAL SALES - OURAY COUNTY JANUARY 2016 Asking Price Sold Price Area Apx.Total SF Bedrooms Total Read More
December Sales and Year End Wrap Up
A post written a few months ago mentioned Winter can actually be a great time to Sell and once again the number of units Sold in Ouray County, in December, points in that direction. Comparable to 2014 in terms of the number of units Sold, 9 Residential transactions were completed before the end of the year. Something to note in this report is the wide price range Buyers were willing to pay - anywhere from $229,125 thousand up to $3 million dollars. RESIDENTIAL SALES - OURAY COUNTY DECEMBER Read More
November Numbers
November numbers are in for Ouray County. Let's see what they have to say. According to CREN MLS 3 residential properties sold this month, down -67% from November 2014 when 9 houses sold. Active Listings are also down for the month at -13%. Of note in the table below are Days On Market with 136 being the high and 70 days being the low. As a whole the market continues to improve in Ouray County with the total number of residential sales in 2015 up 32% for the year, January through November. RESIDENTIAL SALES Read More
Noel Night in Ridgway!
One of my favorite holiday events is Noel Night in Ridgway! This year 28 businesses participated in the festivities. Noel Night is an invitation for folks to shop locally, connect with friends, watch the Christmas parade and kick off the holiday season with some fun! This year Ridgway Real Estate was lucky enough to host the works of three local artists. They put out quite a spread offering food, wine and of course, gifts! Thank you to all who stopped by and Read More
