Author: The Moens Team

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How’s the Residential Real Estate Market in Breckenridge?

Residential Realtor Breckenridge
Well the numbers don’t deceive! After a crazy busy summer, we’ve got some numbers that show steady increases in the Breckenridge real estate market. The average cost of a home in Breckenridge has risen 9% and the number of homes sold is up a whopping 15%! We are very excited to see these positive trends.

2013 and 2014 also saw steady increases. We are regularly seeing homes sold for great prices, bidding wars and houses selling without even going on the market.

If you are considering selling your home in Breckenridge, now is a great time to do so! Give us a call to get the ball rolling on selling your Breckenridge property!

See more detailed residential real estate stats here.

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Big News for Blue River Properties!

Homes in Blue River for SaleBeginning November 22, Blue River will now be accessible via the Summit Stage!

Up till now, Blue River has been so close yet so far. Despite being just a 5 minute drive from Main Street Breckenridge, Blue River real estate has been inaccessible for many prospective renters and ski lovers. It’s difficult to have a rental property without bus service. Renters were forced to rely on expensive taxis or dangerous hitch hiking.

Summit Stage changes everything. With bus access, Blue River is now just a short jog from the ski resort for locals and tourists alike!

We’ve always loved Blue River properties for their atmosphere. With higher than average snowfall, gorgeous forestry, and of course the river going through it – all at a short drive from Breckenridge- Blue River homes have retained their rustic mountain feel. And is if that wasn’t enough, a moose family of 4 visits the Goose Pasture Tarn every day! (We’re starting to wonder if someone hired a moose family to add charm to the area.)

Blue River  Colorado Real Estate

We’re interested to see how this changes the Blue River real estate market but we expect it to be a big positive change for the housing market for Blue River. This can only add value to the homes in the area.

Blue River Township has released a newsletter with the bus stops, rules, parking regulations and the like. The service will include 2 buses in the morning heading into Breckenridge and two return trips in the evening. There will be bus stops along both sides of the highway. The town requests that riders be ready to board when the bus arrives to limit time needed to pick up passengers and minimize traffic blockage. They also request that riders do not try and cross the highway, but use the closest stop on their side of the street.

Additional Resources

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Real estate sales in Summit County are anything but scary – they’re rather impressive!

New under contract activity remains very strong, in fact last week was at a level usually only witnessed during the peak summer selling season! Sales are up, the average sold price is up and the pending properties are holding at over 400 still (they have been that way all summer long)…this is a very impressive wind down to our summer selling season here in Summit County, Colorado.

FYI: That 400 pending represents about 30% of what has already closed this year and there are still three months left.

Interesting: Summit County residential properties that are under contract today have a higher average list price than what has sold this year (over $100,000 higher). In fact, if what is under contract today closes at an average sold price at the same list/sell ratio the county has witnessed so far this year the average sold price is going to move up.

The Average Sold Price So Far by Town for Residential Sales

Summit County Real Estate Sales 2015