Delta County Market Update – November 2019
Commercial Real Estate sales volume for Delta County of $6.2M YTD in 2019 with 17 transactions is down 17.8% compared to sales YTD in 2018 with 32 transactions worth $7.5M. Residential Real Estate sales of $122.9M YTD in 2019 is up 6.9% compared to sales YTD in 2018 of $115M. Sales Taxes in City of Delta are up 7% YTD in 2019 compared to taxes collected YTD in 2018. Delta County Economic Development (DCED) with Region 10 and local support are focused on taking advantage of Opportunity Zone funds that are available and are holding several workshops to identify and assist in development projects in Delta County. CDOT is working with the City of Delta for improving downtown traffic. The Delta County Economic Development (DCED) is in a transition stage.
DELTA COUNTY MARKET UPDATE
VELOCITY (Source � MLS)
DELTA COUNTY SALES TAX INDICATORS (Source � City of Delta, Delta County):
DELTA COUNTY COMMERCIAL VACANCY RATE:
DELTA COUNTY RESIDENTIAL REAL ESTATE
PUBLIC POLICY UPDATE
- Delta County Economic Development (DCED) with Region 10 and local support are focused on taking advantage of Opportunity Zone funds that are available and are holding several workshops to identify and assist in development projects in Delta County.
- CDOT is working with the City of Delta for improving downtown traffic.
- The Delta County Economic Development (DCED) is in a transition stage.