Tag Archives: breckenridge real estate statistics

Market Update September 2015 – Average Sold Price Up 7%

Market Update September 14, 2015

I publish new market updates each month. As this one is no longer current, get the very latest Summit County Real Estate Statistics here.

Sales are brisk, and Summit County under contract activity is soaring, especially new construction.

YTD Summit County Real Estate Statistics At-a-Glance

Over this time last year,
* Average sold price is up 7%, countywide.
* Residential sales are up 13.8%, with 1187 sales so far in 2015.

average sold price by town summit county september 2015

Average Sold Price by Town
The average sold price in Summit County is UP, in every town but one.

  • Breckenridge: +7.3%
  • Frisco: +12.7%
  • Copper Mountain: +9.1%
  • Dillon: +2%
  • Silverthorne: -0.3%
  • Keystone: +23%
  • Summit County: +7%

The Average Sold Price of Single Family Homes is up 9%, year to date. The average sold price of Condos is up 8% and the average sold price for vacant land is down 4%.

Approximately 25% of our under contract activity is coming from new construction. (See new construction available in Summit County today.) The properties that are currently under contract are poised to close at a higher average sold price than the closed transactions, so the average sold prices in Summit County is set to rise still higher.

The average sold price for homes in Summit County is now at $937,817; condos is at $340,190 and vacant land is at $311,813. 

Summit County Residential Sales by Price Range

  • $0 to $500K: Sales up 9.5% (705 sales to date)
  • $500K to $1M: Sales up 31% (360 sales to date)
  • $1M+: Sales up 26% (122 sales to date)

Real Estate Statistics for the South Side of Summit County (Breckenridge)

  • Sales up 11.3%
  • $0 to $500K:Sales up 2%.
  • $500K to $1M: Sales up 17%
  • $1M+: Sales up 25%

Real Estate Statistics for the North Side of Summit County (Frisco, Copper Mountain, Keystone, Silverthorne, and Dillon)

  • Sales up 15.4%
  • $0 to $500K: Sales up 8%
  • $500K to $1m: Sales up 33%
  • $1M+: Sales up 55%

I’m always happy to run numbers and discuss data specifically as it pertains to you. Just give me a call or send me a note.

SAR MLS data consists of Summit County residential data only. SAR MLS on 9/14/2015
YTD 9/13/2015. Sales comparisons are for dates 1/1 to 9/13

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Search Summit County Single Family Homes for Sale
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Search Summit County Condos for Sale.
Search Breckenridge Condos for Sale.

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Source: SAR Data for Residential (Condo, Townhome, Home, Duplexes) in Summit County, Colorado. Unless otherwise specified.
**The information contained herein is based on information provided by others. Accordingly, we make no guarantee of its accuracy and suggest you make an independent inquiry of any matters you regard as important.

%Change is 2015vs2014 YTD or Week.

*Does not include sales numbers or average sold prices for sales at One Ski Hill Place for years 2010, 2013, 2014, 2015

Thanks to Jeff Angell at RE/MAX Properties of the Summit for the preparation and sharing of these statistics, charts, and graphs.

Summit County Real Estate Statistics – May 2015

I publish new market updates each month. As this one is no longer current, get the very latest Summit County Real Estate Statistics here.

Summit County Residential Sales Up 11%!

by-town-percent-changeReal estate sales in Summit County are up – in each price range (but not in each area.) We’re seeing large gains in Frisco, Dillon, Keystone, and Silverthorne, and modest losses in Breckenridge. Keep in mind that it’s still early in the year, so the numbers are rather small and the percent changes can be offset quickly. But this gives you an idea of how the first 4 months of 2015 is looking with the peak of our selling year still ahead.

Sales-by-Price-Range The $500K to $1M price range is seeing a strong improvement in sales. The 49% improvement noted for the North Side of the County (including Frisco, Copper Mountain, Dillon, Silverthorne, and Keystone), corresponds to 22 additional properties selling in this range. The 28% improvement in the South Side of the county (the Breckenridge area) in the $1,000,000+ category corresponds to 8 additional sales in this range. Pending activity is still ahead of last year, and this pending activity will improve Breckenridge’s sales numbers, as there are a number of pending properties in this area. Search Summit County Single Family Homes for Sale Search Breckenridge Single Family Homes for Sale Search Summit County Condos for Sale. Search Breckenridge Condos for Sale. The best answer to “How’s the Market?” is: “It’s good enough that it’s worth a few moments to have a cup of coffee with me to talk about it in more detail.” Call, text, or email me anytime. Subscribe to Summit County Market Updates and Real Estate Statistics

Sign up for free Monthly Market Updates

To receive my monthly market updates – as well as other not-to-be-missed real estate news, advice, and the hottest new listings, subscribe to my free newsletter. You might also enjoy: Historic Data – Breckenridge and Summit County Real Estate Transactions: Condo Sales Home Sales Vacant Land Sales Duplex Sales Townhome Sales Source: SAR Data for Residential (Condo, Townhome, Home, Duplexes) in Summit County, Colorado. Unless otherwise specified. **The information contained herein is based on information provided by others. Accordingly, we make no guarantee of its accuracy and suggest you make an independent inquiry of any matters you regard as important. %Change is 2015vs2014 YTD or Week. *Does not include sales numbers or average sold prices for sales at One Ski Hill Place for years 2010, 2013, 2014, 2015 Thanks to Jeff Angell at RE/MAX Properties of the Summit for the preparation and sharing of these statistics, charts, and graphs.

Summit County Real Estate Statistics – April 2015

I publish new market updates each month. As this one is no longer current, get the very latest Summit County Real Estate Statistics here.

Summit County Real Estate Statistics – April 2015

Pending Sales are Up 38%!

Sales for the first quarter of 2015 are up 7% across the county, compared with this time last year, and residential properties under contract are way, way up – by 38%!

The 2015 vs. 2014 average sold price countywide is up 2.1%. And yet the current inventory of residential properties for Summit County remains low. We’re down 21%, compared with 2014 YTD figures.

Some properties – with the right condition, location, and price – are beginning to see multiple offers very soon after hitting the market.

Summit County real estate statistics april 2015

On the North side of the county (Frisco, Dillon, Silverthorne, Copper Mountain, and Keystone) sales are up 10.9%, with the average sold price up 4.0%. On the south side (the Breckenridge area) , sales are down 1%, but the Average Sales Price is up 3.8%.

april real estate statistics summit county

The largest gains in the Summit County real estate market were in the $500,000 to $1,000,000 price range, followed by the price range of $1,000,000 and more.

Learn more about Summit County’s luxury market >

Search Summit County Single Family Homes for Sale
Search Breckenridge Single Family Homes for Sale
Search Summit County Condos for Sale.
Search Breckenridge Condos for Sale.

The best answer to “How’s the Market?” is: “It’s good enough that it’s worth a few moments to have a cup of coffee with me to talk about it in more detail.” Call, text, or email me anytime.

Subscribe to Summit County Market Updates and Real Estate Statistics

Sign up for free Monthly Market Updates

To receive my monthly market updates – as well as other not-to-be-missed real estate news, advice, and the hottest new listings, subscribe to my free newsletter.

You might also enjoy:
Historic Data – Breckenridge and Summit County Real Estate Transactions:

Condo Sales
Home Sales
Vacant Land Sales
Duplex Sales
Townhome Sales

Source: SAR Data for Residential (Condo, Townhome, Home, Duplexes) in Summit County, Colorado. Unless otherwise specified.
**The information contained herein is based on information provided by others. Accordingly, we make no guarantee of its accuracy and suggest you make an independent inquiry of any matters you regard as important.

%Change is 2015vs2014 YTD or Week.

*Does not include sales numbers or average sold prices for sales at One Ski Hill Place for years 2010, 2013, 2014, 2015

Thanks to Jeff Angell at RE/MAX Properties of the Summit for the preparation and sharing of these statistics, charts, and graphs.

Real Estate Market Snapshot: Breckenridge and Summit County, March 2015

I publish new market updates each month. As this one is no longer current, get the very latest Summit County Real Estate Statistics here.

March 2015 – Summit County Real Estate Statistics

Sales are Up!
Across Summit County, residential sales are up by 7.3%, compared with this time last year, and properties under contract are up, too, by 16.5%.

But inventory is still low. We’re down 20% (compared with 2014 YTD figures), with just 719 “for sale” properties currently active on the market.

Luxury home sales (sales over $1 million) are up in Breckenridge for this time of year. Read more about what the luxury home market is doing in Summit County.

The Average Sold Prices in Breckenridge are up by 2% to $715,681. Frisco and Dillon are seeing even more significant gains in average sold prices:  10.5% and 16.2% respectively.

Summit County Real estate Statistics

Here’s a video with all statistics, or you can read them below:

 

Summit County Real Estate Statistics – Single Family Homes

Comparing 2015 year-to-date with 2014 year-end sales, the Average sold price of Single Family Homes in Summit County is up 3.9%.

Comparing 2015 year-to-date sales versus 2014 year-to-date, the average sold price of Single Family Homes is down 4.3%, but the number of sales has increased 9.1%.
Search Summit County Single Family Homes for Sale
Search Breckenridge Single Family Homes for Sale

single family homes market data Summit County March 2015

Summit County Real Estate Statistics – Condos

For condominiums, when we compare the 2015 year to date average sold price with the figures from 2014 year’s end, the average sold price for condos is up 2.2%.

Comparing 2015 YTD with 2014 YTD, the Average Sold Price is up 2.1%, but the number of condos sold is down 3.4%.
Search Summit County Condos for Sale.
Search Breckenridge Condos for Sale.

The best answer to “How’s the Market?” is: “It’s good enough that it’s worth a few moments to have a cup of coffee with me to talk about it in more detail.” Call, text, or email me anytime.

Subscribe to Summit County Market Updates and Real Estate Statistics

Sign up for free Monthly Market Updates

To receive my monthly market updates – as well as other not-to-be-missed real estate news, advice, and the hottest new listings, subscribe to my free newsletter.

You might also enjoy:
Historic Data – Breckenridge and Summit County Real Estate Transactions:

Condo Sales
Home Sales
Vacant Land Sales
Duplex Sales
Townhome Sales

Source: SAR Data for Residential (Condo, Townhome, Home, Duplexes) in Summit County, Colorado. Unless otherwise specified.
**The information contained herein is based on information provided by others. Accordingly, we make no guarantee of its accuracy and suggest you make an independent inquiry of any matters you regard as important.

%Change is 2015vs2014 YTD or Week.

*Does not include sales numbers or average sold prices for sales at One Ski Hill Place for years 2010, 2013, 2014, 2015

Thanks to Jeff Angell at RE/MAX Properties of the Summit for the preparation and sharing of these statistics, charts, and graphs.

Each office is independently owned and operated.

2014 Summit County Average Sold Prices

Real Estate Market Snapshot: Breckenridge and Summit County, January 2015

I publish new market updates each month. As this one is no longer current, get the very latest Summit County Real Estate Statistics here.

Inventory in Summit County Real Estate remains quite low, but pending activity and Average Sold Price is up. 

At the start of 2014, inventory was down approximately 10% countywide, and the number of pending sales was up approximately 10%, as well.

Here, at the start of 2015, we are seeing a similar decrease in inventory. The current number of available properties is down about 22%, in fact. And, once again, we’re seeing a strong improvement in pending sales… an 8% increase.

In addition, this year, across Summit County, the Residential Average Sold Price is up approximately 5%. 

Summit County Sales Prices

The Average Sold Price showed gains in all areas of the county, with the exception of Keystone and Copper Mountain.

Breckenridge’s Average Sold Price increased to $681,464. That’s a gain of 13.2 percent!

It’s interesting to note that the peak of Summit County’s Average Sold Price occurred in 2008 when it reached $614,000. That’s about $100,000 more than the Average Sold Price in 2014, which came in at $515,585.

While the Average Sold Price peaked in 2008, the number of sales peaked two years before, in 2006. That year, 2,496 properties were sold, just more than 800 more properties than were sold in 2014.

2014 Summit County Average Sold Prices

Breckenridge Real Estate Staticis

Historic Data – Breckenridge and Summit County Real Estate Transactions:
Condo Sales
Home Sales
Vacant Land Sales
Duplex Sales
Townhome Sales

The best answer to “How’s the Market?” is: “It’s good enough that it’s worth a few moments to have a cup of coffee with me to talk about it in more detail.” Call, text, or email me anytime.

Source: HowsTheMarketUpdate.com, a resource provided by RE/MAX Properties of the Summit; SAR Data for Residential (Condo, Townhome, Home, Duplexes) in Summit County, Colorado, unless otherwise specified.
**The information contained herein is based on information provided by others. Accordingly, we make no guarantee of its accuracy and suggest you make an independent inquiry of any matters you regard as important. %Change is 2014 vs 2015 YTD or Week.