1. The Market is “Normalizing”.. 
  2. YTD the # of Sales for 2022 are Down 42.31 % for Breckenridge and Down 32.64% for All Summit County vs. the unstainable levels recorded during 2021 and the COVID 19 Pandemic. 
  3. Keystone YTD # of Sales for 2022 are only down 19.92%, perhaps due to the Exempt Status of that area to ST Rental Restrictions. 
  4. This shift has led to a “Normalizing” of the market, with # of Active Listings in Summit County now at 488, vs. 231 in 2021, 334 in 2020, and 865 in 2019. 
  5. The Average Price of a Single Family Home remains strong at $2,366,578 for Breckenridge, and $2,125,233 for All Summit County.
  6. The Average Price of a Condominium remains strong at $928,554 for Breckenridge, and $799,399 for All Summit County. 

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Summit Realtors Association

The Summit REALTORS® Board of Directors thanks the community, clients, and members who stood up during the marathon of a hearing Tuesday evening (five and a half hours!) to discuss a significant series of changes to short-term rentals in the Town of Breckenridge. Due to our joint advocacy, we are pleased to say that one of the measures the real estate community needed to improve the proposal was included.  While the Mayor supported our ideas to address properties under contract or under construction, and the idea of tourism overlay districts, there was no effort by the Council to make any additional changes to the ordinance. A recap of the meeting and comments are attached.

 The unprecedented level of well-reasoned and impassioned engagement by the…

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Breckenridge 1984

I was looking though an old photo album the other day and found this photo I took in 1984 when I first moved to Breckenridge from the Boreas Pass overlook.  Note the beaver pond to the right of Beaver Run, Four O'Clock Road looks like a forest road, the Village was not completed yet and only Peak 8 and 9 for skiing.  How times change...

Andrew Biggin

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THE BRECKENRIDGE LOBSTER IS S LOCAL'S GAUGE ON WHEN SUMMER IS IN FULL SWING.  THIS YEAR HE SHOWED UP A MONTH LATE!

YOU CAN CHECK HIM OUT LIVE ON THE BRECKENRIDGE ASSOCIATES LIVESTREAM MOUNTAIN CAM  https://youtu.be/pM7R7EArdzo 

The Breckenridge Lobster

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Some interesting facts regarding supply, sales and demand regarding the higher end single family home market in Breckenridge.

The supply of single family homes for sale and the total number of sales in the year 2018 for the different price ranges are as follows:

List Price                        Active Listings today                                 Total Sales 2018
$1-$2 Million                         29                                                              94
$2-$3 Million                         15                                                              34
$3-$4 Million                         10                                                              10
$4 Million +                           23                                   …

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Breckenridge Colorado Morning

A beautiful morning here in Breckenridge.  Snow coming early this year!

For fantastic livestream views of the mountains and Main Street in Breckenridge click these links below

BRECKENRIDGE LIVESTREAM CAMS

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Pre-Pay Your Summit County Property Taxes

 As you are probably aware, the tax structure is going to change as of January 1st, 2018 with the new tax bill.  In 2018 you will be not be able to deduct more than $10,000 total for local, state and local property taxes.  In 2017 the combined total is $20,000.

 Depending on your tax structure and the advice given by your Certified Public Accountant or tax attorney it may be worthwhile paying your property taxes before the end of this year.  It will also depend on your local taxing authority having your finalized property tax figures available and that authority being able to receive your payment ahead of the normal payment schedule.

 To pre-pay your Summit County property taxes this year call the Summit…

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Spring Break in Breckenridge is starting to ramp up today with the start of the GoPro Big Mountain Challenge.  This event is for kids age 12-18 years old, but not for the faint at heart.  These are expert skiers taking on some of the toughest terrain on Peak 6.  It will be exhilarating!

But this is just a start....check out these fun events planned through the month of April.

2017 Event Dates:
March 22-26 - Breck Pride
April 1 - Breck Parks Spring Open
April 2 - Breck Chili Cook Off at Sevens
April 7 - Spring Fever Park Jam
April 12 - Breck Ascent Series Final Race
April 14 - Spring Fever Park Jam
April 16 - Easter Egg Hunt on the Mountain
April 16 - Sunrise On-Mountain Easter Service
April 21 - Spring Fever Park Jam
April 22 - Imperial Challenge

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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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