On Saturday, SummitDaily.com reported the following good news on condominium sales: “Condominium sales in Summit County are up 17 percent over last year to date with monthly totals higher for four of the last six months. The average sale price is nearly even with last year to date and should have no problem equaling last year by December as our market continues to stabilize.”
This is great news for the condominium associations in Summit County, since new sales tend to positively affect the ability of associations to collect assessments. We are hopeful this trend will continue and spread to other counties in Colorado.