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Casper and Central Wyoming Real Estate

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January 2008

• Jan. 26, 2008 - Top Ten True Western Towns

Casper was named one of the “Top Ten True Western Towns of 2008” by True West magazine. True West magazine was launched in 1953, and is published ten times per year. This annual award is given to towns that “have made an important contribution to preserving their pasts.”

Casper has always been proud of its history. Nearly 500,000 pioneers traveled through Casper on the Oregon, California, and Mormon Trails between 1840 and 1870. The Pony Express also dashed though Casper on its route between St. Joseph, Missouri and Sacramento, California during its short history in 1860 and 1861. Several of the reasons it did well are Fort Caspar and its brand new expanded museum and reconstructed Cavalry fort and the National Historic Trails Interpretive Center which commemorates the largest voluntary human migration in history and how the majority of those pioneers passed through the Casper area on their way to their destinations.

 
The entire Top Ten list is as follows:
10. San Diego, CA
9. Casper, WY
8. Wickenburg, AZ
7. Pendleton, OR
6. Durango, CO
5. Dodge City, KS
4. Cheyenne, WY
3. Trinidad, CO
2. Deadwood, SD
1. St. Joseph, MO
 
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• Jan. 24, 2008 - Casper Real Estate Trends

      Casper, WY – Home Sales are STRONG in the Casper area. Despite negative data regarding the housing market nationally, Casper continues to have one of the strongest markets in the country.

      The Casper housing market has seen steady growth even through this past year when national statistics, higher interest rates and the sub-prime debacle have caused concern and pessimism in the general public. The following information represents the Year to Year growth reported in the MLS Statistical Report:

Year 2003 2004 2005 2006 2007
Homes Sold 1194 1323 1377 1383 1492
Avg Sales Price $126K $140K $163K $182K $202K

      As reported in the fall addition of the 9/28/07 Wyoming Business Report written by David A. Robateck, “Wyoming’s rate of appreciation in home values last year more than doubled the national average and ranked second in the nation trailing only Utah.” He also stated in the article that “statistics from the Office of Federal Housing Enterprise Oversight show that Wyoming house prices increased by 14.29 percent.”

      It’s no secret the strong economy in Wyoming and Casper brought on by a booming energy industry, has a great deal to with our strong Real Estate Market. 2008 LOOKS TO BE A GREAT TIME TO BUY, SELL, OR BUILD A HOME IN CASPER!!! 

      For more information on the Casper Housing Market please contact Casper Board of Realtors, Attn: Angie Evans at 307.237.1670

 

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Casper is located in the heart of Wyoming, along the Oregon, Mormon Pioneer, California, and Pony Express trails. Casper enjoys a rich blend of western history, culture, and recreation.

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