In August, home sales in Salida increased to 11, compared to 8 in July. Year-to-date, home sales in Salida totalled 75 compared to 116 for the same period a year ago. Median home sell price in Salida was $258,000, a substantial drop from $$374,997 in August 2008. August median sell prices rose over July. The good news is that the median sell price year-to-date was $272,000 compared to $263,450 for the same period a year ago. In the five-county area served by the Chaffee County Board of Realtors, total property sales were down to 349 from the same period a year ago. Inventory has dropped to 2096 properties on the market, a decrease from both July and June. For the most part, Salida and the surrounding area follow the state and national trends. For more statistics and stories about the lifestyle in Salida, see www.buysalida.com.
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