Hello again. Time for a year end review of the real estate activity at Red Sky Ranch in Wolcott, CO. 2011 was a solid year for transactions, with 7 homesite sales and 2 home sales. The big news is the saving buyers saw on their purchases!!
Red Sky Ranch was not immune from the recent national recession, and as such, the sales prices of recent homesites were at significant discounts from original purchase levels. For the 7 homesite sales, closing prices were on average 50% of what the prior owners paid.
There are currently 4 luxury residences listed for sale, ranging in price from $1,500,000 to $4,495,000 and 8 homesites ranging in price from $299,000 to $995,000. No properties are currently under contract.
Sellers’ losses were buyer’s gains and now is a great time to acquire a legacy property in one of the best golf course communities anywhere, Red Sky Ranch!!
Call Doug anytime to learn more about the Red Sky Ranch lifestyle and real estate opportunities!