Breckenridge and Summit County Statistics

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The year is off to a descent start for real estate for sale in Breckenridge.  The biggest news is the record low inventory numbers...which makes sense when you think about it...Breckenridge is paradise!  If you are interested in cashing in on your investment or moving up in the marketplace, now is a great time to get your home prepared for the busy selling season.  If you want someone with experience, feel free to contact me.

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Summer has wrapped up in the Colorado High Country.  The latest Breckenridge Market Analysis revealed that through September 30th, 2016, there has been a total of 498 residential sales, totaling $379,867,116 dollar volume sold.  The market performed slightly lower than 2015, due in part to the record low inventory numbers that we are still experiencing.   

If you are interested in getting your own piece of Breckenridge real estate, fall is a great season because bargains can be found and interest rates are still low.

If you have any questions, feel free to contact me.

 

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Summit County | June 2016 Market Analysis

  • Market Analysis by Area for June 2016- June real estate was a bit off from last June 2015. There were 220 transactions and a total of $113,032,009 in monetary volume. Average transaction price for all 18 reported areas: $557,775, Average residential price, $568,592 average residential and PPSF at $358.

  • Residential Market Sales by Price Point: Residential volume in June had 187 transactions with $106,326,664 gross volume. There were 17 properties that sold for $1M and above in June. The most active price points were between the $200K-$300K range this month. There were 62 Single Family, 125 Multi-Family and 14 Vacant Land transactions in June.

  • Comparative Historical Cost Analysis

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As the marketplace continues to have it’s highs and lows, vacation homes and investment properties seem to be impacted. 

Prices continue to climb as inventory levels and mortgage rates stay at all time lows.  Those dreaming of owning a mountain cabin are continuing to flock to Breckenridge and Summit County in hopes of getting their piece of the mountain dream getaway. 

In Breckenridge and Summit County, the number of residential properties sold continues to rise.  The number of residential properties sold has increased and the available inventory dwindles.   

If you wish to receive additional information or learn more about the Breckenridge market, please contact me. 

 

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This chart shows the real estate selling seasons in Breckenridge.  The summer months being overwhelmingly the primary selling season.  This is a significant factor for either buying or selling strategies to take into consideration when deciding to purchase or sell a property in Breckenridge or Summit County.

If you would like to learn more on this please contact me, Andrew Biggin, 970-547-7751 or andrew@BreckenridgeAssociates.com 

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The Breckenridge and Summit County statistics ended the year on a positive note.  The inventory levels continue to remain at an all time low and list prices continue to make their way higher.  Rounding out the year, there were 734 residential properties that sold in Breckenridge, which was an 11.72% increase compared to the end of 2014.  The Summit County residential market posted a 17% gain in the number of properties sold in 2015, with 2350 residential properties sold.   

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The Breckenridge and Summit County statistics ended the summer with a bang.  Inventory is at an all time low and prices continue to inch their way higher.  Year-to-date, there have been 631 properties sold in Breckenridge, totaling $466,307,378 in dollar volume sold. 

If you would like more information on the Breckenridge or Summit County statistics or the happenings in the local real estate market, please feel free to contact me.

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September 2015 turned out to be another superb month for real estate transactions in Summit County.  The number of sales were comparable to September 2007, prior to the housing recession.  There was $165,716,318 in monetary volume sold and 301 closings.

Source: Land Title Guarantee Company

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The summer months proved to be amazing for the Breckenridge and Summit County real estate markets.  The inventory continues to diminish and the demand to live in the area is high!  Here are some Breckenridge and Summit County Real Estate Statistics.

  • August was the best gross volume that Summit County has on record and only surpassed the transactions in September 2014!  There was $142,534,040 in monetary volume and 267 transactions.
  • Year-to-date, themonetary volume  sold totals $798,835,243 with 1471 transactions.
  • Through the end of August 2015, Summit County real estate is up 37% in monetary volume and up 23% in the number of transactions sold compared to the same time period as 2014.

If you would like more information on the current

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