Garfield County, CO is REMI’s “Toby’s Choice”

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Tobias Nergarden, CEO of the Real Estate Marketing Insider, names Garfield County, Colo., as his “Toby’s Choice” market of the week. The announcement was made following a July 10 report in The Aspen Business Journal titled “Rifle leads way for Garfield County real estate sales.”

Tobias Nergarden, founder and CEO of the Real Estate Marketing Insider, announced his choice for the weekly “Toby’s Choice” market. Mr. Nergarden names one market each week as “Toby’s Choice,” a title that recognizes the best real estate markets in the country. This week’s Toby’s Choice market was Garfield County, Colo., a county just outside Aspen that includes the cities of Glenwood Springs, Carbondale, and Rifle.

Garfield county sales figures from May were featured in a July 10 report published by The Aspen Business Journal. According to the ABJ, sales and dollar volume for residential properties are surging in 2013 and have so far peaked in May. Garfield County boasted 118 real estate sales in May, which is a slight year-over-year increase. However, at $41.22 million, the sales volume is a much stronger increase; about 15 percent compared to May of 2012. The city of Rifle came away with the largest sales volume, reporting 27 sales and a total volume of $14.3 million. Carbondale was a close second, with 24 sales worth a total of just under $11 million. The distressed property portion of sales was low with only 21 bank sales in May, accounting for only 18 percent of all transactions.

Mr. Nergarden released the following statement on his Toby’s Choice pick:

“Garfield County’s sales numbers and dollar volumes are inspiring, and show promise of growth in the future. The perks of being a Garfield County resident are many. Residents are close to countless luxury ski resorts, without having to pay resort-town property costs. They enjoy beautiful views and outdoor recreation opportunities, and some of the best year-round weather in the country. Realtors who hold property listings in Garfield County will find that the properties are easy to market and will sell at competitive prices.”

Tobias Nergarden, CEO of the Real Estate Marketing Insider, named Garfield County, Colo., as his pick for the “Toby’s Choice” market of the week award. Mr. Nergarden cited Garfield County’s picturesque surroundings and inspiring sales numbers in explaining his decision.

About the Real Estate Marketing Insider:
The Real Estate Marketing Insider is an online real estate journal based in La Jolla, Calif. REMI offers content targeted to real estate buyers, agents, and investors.

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