Continuing a trend that began in the summer or fall of 2007, real estate sales in Pitkin County took a tumble the first half of this year. Dollar volume dropped by half compared to last year — $717 million to date versus $1.43 billion in the first six months of 2007 — and the number of transactions is down by 32 percent.
This downward trend is not as sharp in Garfield County, where dollar volume dropped 22 percent and number of transactions dropped 36 percent, through June, over last year.
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