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Buena Vista Colorado Market Report (North of Salida CO)


Buena Vista Colorado Market Report (25 miles North of Salida CO)
Buena Vista, 25 miles North of Salida Colorado, is starting to see the real estate market stabilize. The following report is based on homes but land is beginning to move again.. 10 lots have sold out of the 354 that are active... tiny progress but progress!
 
The sale prices so far this year are significantly lower than Salida (see the Salida Colorado Market Report, 2nd Quarter, 2012) and continue to decrease. We are seeing some buyers choose Buena Vista over Salida because of the price point alone.
 
Even though Buena Vista's population is only about 2300 compared to Salida at 5500, the number of homes sold is higher... probably due to the decreased averge price.
 
 
Days on market for the properties that have sold is relatively constant... around 260, as can be seen below:
April: 271 Days on marketMay:  240 Days on marketJune: 290 Days on market
For a detailed report on the market and Buena Vista demographics, click on Market Insider Report for Buena Vista.

The prices on sold homes in Buena Vista has created a greater interest in the area lately. ... more

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