The first six months of 2017 saw 36 properties close, and a total dollar volume of $17 million. The number of transactions in the first six months of 2018 were up nearly 30% to 46, and the total dollar volume jumped 70% to nearly $30 million – a figure that would’ve exceeded the full-year totals in every year prior to 2014.
In a timely example of success begetting success, Red Ledges welcomed July with 6 new sales contracts worth over $8 million in the week leading into the 4th, following up on a record June.
Red Ledges January-June 2018 sales were a mix of homesites and built structures. “We’ve had a great inventory of homes, cabins, cottages and villas coming to market over the past year, many from the record construction activity that we’ve seen of late,” states Red Ledges VP of Sales and Marketing Bill Houghton. “With over 100 homes under construction or in design and over 18,000 property views of listings on RedLedges.com so far this year, we’re poised to smash last year’s annual record.”
The sale of those built structures led the pace in the first half of the year, as closings of homes, cabins, cottages and villas more than doubled versus the first half of 2017. Red Ledges Realty, the on-site real estate sale operation in the community, was the listing brokerage for 95% of those first-half “resale” structure closings.