The 2004 real estate figures for San Miguel County were impressively high compared with those from the past four years. Year-end totals for 2004 were $534 million in total dollar volume and 790 for number of sales. These figures surpassed figures from 2003 by 50 percent in total dollar volume ($356 million) and 19 percent in sales numbers (661); 2002 by 90 percent in dollar values ($281 million) and 28 percent in sales numbers (618); and 2001 by 72 percent in dollar values ($311 million) and 38 percent in sales numbers (572).%0D%0DAs for the year 2000, the Telluride Association of Realtors began compiling sales statistics in late February, leaving year-end totals incomplete. It was, however, recorded as a banner year for San Miguel County and therefore poses an interesting comparison to 2004 considering the latter surpassed the former on many fronts. According to reports and news articles throughout the year, 2004 was recognized as the Year of the Condo. With year-end condominium sales numbers at 203, 2004 was ahead of 2003 by almost 20 percent, 2002 by 18 percent, and 2001 by 34 percent. Dollar values totaled $128 million, which was 41 percent higher than those of 2003 ($91 million), doubled those of 2002 ($64 million), and more than doubled those from 2001 ($61 million). Although available data from 2000 shows sales numbers for condominiums as higher than in 2004, dollar values for 2004 exceeded those from 2000. In comparing March through December for the two years, 2004 boasts $102 million in condominium sales as opposed to the $94 million in 2000-a 9 percent increase.%0D%0DAnother notable property category for 2004 were single-family residential sales which totaled $234 million with 245 transactions, with March and April each bringing in $30 million in sales. It was a 55 percent increase in total dollar volume over 2003s $151 million with 186 transactions. In 2002, single- family residential sales totaled $130 million with 174 transactions and for 2001, single-family residential sales totaled $117 million with 180 transactions With regard to 2000, March through December showed $169 million in sales for single-family residences compared to the $201 million for the same time period in 2004.%0D%0DVacant land sales were also impressive for 2004 totaling $141 million with 278 transactions. The number of sales increased at an average of 9% over the last four years. However, the total dollar volume in 2004 increased 58 percent over 2003, 96 percent over 2002 and 26 percent over 2001. Therefore the average price of vacant land now stands at $507,194 compared to $361,788 in 2003. Land sales for March through December in 2000 exceeded those in 2004, but this was largely in part to 2000s exorbitant sales for June, August and September, which together totaled $104 million.%0D%0D