Author: The Moens


4th Of July: Things to Do in Summit County!

Parades, free concerts and family-friendly activities fill Summit County’s schedule this holiday weekend! Whether it be classical musical performances, parades with Colorado’s favorite sport teams’ mascots or bike races, there’s something for everyone. Events in Breckenridge, Frisco, Silverthorne … See more

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What’s the Best Time of Year to Invest in Breckenridge?

When buyers come to Breckenridge and fall in love with this enchanting mountain village, they often ask, “what’s the best time of year to make a purchase?”

The following charts show the seasons of our market – the ebb and flow of supply and demand. (For best results view on your computer; if viewing on a smart phone, rotate 90 degrees to “landscape” position.)

Active Listings

The chart above shows the number of active residential listings in Breckenridge by month (homes, condos, townhomes, duplexes, and vacant land). If you view this chart on a computer (not a phone), use your mouse to hover over each data point to see more information.

The past seasonal peaks for the number of listings have been Sept 2019, July 2020, Sept 2021, Aug/Sept 2022, and Aug/Sept 2023.

So, when looking for properties, you’ll have the most to choose from in mid-summer to mid-fall.

Sold Listings

The chart above shows the number of sold residential listings in Breckenridge by month.

Note that the peak number of sales typically occurs in October. You can verify this by hovering your mouse over the data points. A typical seasonal dynamic is:

  • Buyers start looking in spring / early summer, hoping to get a low price and a good deal
  • Sellers list in spring / early summer, listing with a high price and hoping to get top dollar
  • As the summer progresses into early fall, both buyers and sellers become more motivated and realistic, and meet somewhere in the middle. Transactions go under contract in August and September, and close in October, in time for the upcoming ski season!

Key point: these are live charts – check back a few days after the first of each month, and the data updates each month

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Thinking About a Purchase in Breckenridge in 2024?

Why Breckenridge in the Summer?

First off, let’s talk about why summer in Breckenridge is an absolute gem. The snow may have melted, but the town blooms with life in a different yet equally magical way. Imagine lush green trails for hiking and biking, serene spots for fishing in the Blue River, and lively festivals that bring the streets to life. And let’s not forget the cooler temperatures—a blissful escape from the scorching heat elsewhere.

The Real Estate Market Awaits

Summer 2024 in Breckenridge is expected to be bustling. With the pandemic gradually becoming a thing of the past, more and more people are looking to either settle down or find their dream vacation home in the mountains. What does this mean for you? It’s time to act swiftly but wisely. Properties in Breckenridge, from cozy condos to luxurious mountain homes, tend to sell quickly due to the town’s popularity and limited space.

Tips for Your Purchase

Here are a few insider tips to guide you through your real estate journey in Breckenridge:

  • Start Early: The early bird gets the worm, or in this case, the dream home. Begin your search as soon as possible. The summer market can be competitive, and you want to be ready to make an offer when the right opportunity presents itself.
  • Know Your Priorities: What’s more important to you? Proximity to downtown, a stunning mountain view, or perhaps direct access to trails? Knowing your must-haves will help narrow down your search.
  • Budget Wisely: Breckenridge is a premium location, and prices reflect that. Ensure you have a clear budget in mind, and don’t forget to account for property taxes and maintenance costs, especially if you’re eyeing a second home.
  • Hire a Local Expert: A local real estate agent who knows the ins and outs of Breckenridge can be invaluable. They can provide insights into the market trends, help you navigate the buying process, and even uncover hidden gems. Did you know that Roger and Teresa Moen have 27 years experience in the Breckenridge real estate market?
  • Visit in Person: If possible, visit Breckenridge before making a purchase. Explore different neighborhoods, get a feel for the community, and maybe even meet some locals. It’s the best way to confirm that you’re making the right decision.

Embrace the Community

Buying a property in Breckenridge is more than just a real estate transaction; it’s joining a close-knit community. Summer is the perfect time to immerse yourself in local events, from the National Repertory Orchestra concerts to the Breckenridge Food and Wine Festival. Engaging with the community not only enriches your Breckenridge experience but also helps you feel at home.

Final Thoughts

Purchasing real estate in Breckenridge during the summer of 2024 is an exciting opportunity to own a piece of paradise. With its unbeatable combination of natural beauty, community spirit, and endless outdoor activities, Breckenridge offers more than just a home; it offers a lifestyle. So, gear up for this adventure with patience, research, and a bit of local guidance. Your dream home in the mountains awaits!