Summit County saw increases in average and residential median prices for the first quarter of 2016, according to a regional economic update issued by the Northwest Colorado Council of Governments (NWCCOG). According to the report, from Q1 2015 to Q1 2016, the median household price increased 16.4 percent in Summit (from $354,500 to $412,500).
Additional northwest Colorado counties observed various outcomes: Pitkin reported a 68.1-percent jump in the median household price, while Grand detected a 1.4-percent gain and Eagle observed a 14.3-percent drop.
The average household price in Summit leaped 9.1 percent, from $536,768 to $585,809. Meantime, the county additionally observed gains in the average household price per square foot, up 5.7 percent at…
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