Market Statistics

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Luxury Home Prices Stable in Breckenridge

Hello from Breckenridge!

Here’s more good news, this time from the Highlands At Breckenridge luxury home subdivision:

  • We charted all 27 home sales in this subdivision since 1/1/2009, and the price-per-square-foot is stable! (See the magenta line). In fact, there’s a 4 percent per year uptrend (yellow line) in the price per square foot. The sold prices ranged from $850,000 to $2,199,000.


For homes in The Highlands At Breckenridge subdivision:

  • The peak selling prices occurred roughly from July 1, 2007 to July 1, 2008, and averaged $401 per sq ft
  • Selling prices from January 2009 through August 2010 averaged $310 per sq ft
  • That’s a drop of around 23% from the peak
  • Prices appear to have bottomed out, and since 1/1/2009 they are rising at a rate of 3.8% per year


So, we’re having a sale! Luxury home prices have been rolled back 23% – but they are rising off of their lows.

What a great time to buy, in one of the most affordable ski resort towns in the U.S.!



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Breckenridge Market Overview 6/11/10

Hello, there,

Wondering how the local real estate market is doing in Breckenridge, Colorado?

Here’s the answer: it’s a strong buyer’s market with unmistakeable signs of recovery: the number of sales is UP 41% over last year. Details below.

There’s plenty to choose from, prices are rolled back to 2006 levels, and sellers are motivated. If you’ve been wanting to invest in Summit County, CO, now is the time!

The chart above shows the number of residential sales (homes, condos, townhomes, duplexes, and vacant lots), from January 1st of a year, to June 11th of that year.

  • 2006 was the peak year for number of transactions
  • 2009 is the lowest year for number of transactions
  • The number of properties sold to date in 2010 is up 41% vs 2009 (but is down 48% from the average number of properties sold from 2002 to 2009)
  • The total sales volume (the sum of all selling prices) is up 42% vs 2009! A good portion of that is because of expensive recent closed transactions in the very luxurious One Ski Hill Place at the base of Peak 8.
  • The prices of properties peaked around 1/1/2008. Prices are currently 15%-25% below that peak.

Interest rates are still super low, the stock market is up 56% from its low in March 2009, and we are expecting the recovery to continue, so contact us today!

Please check back from time to time, for more Breckenridge Colorado real estate market statistics and analysis.

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Breckenridge Market Overview 3/7/10

Hi, everybody!

Wondering how the local real estate market is doing in Breckenridge, Colorado?

Here’s the answer: it’s a strong buyer’s market with unmistakeable signs of recovery: the number of sales is UP 47% over last year. Details below.

There’s plenty to choose from, prices are rolled back to 2006 or 2007 levels, and sellers are motivated. If you’ve been wanting to invest in Summit County, CO, now is the time!

The chart above shows the number of residential sales (homes, condos, townhomes, duplexes, and vacant lots), from January 1st of a year, to March 7th of that year.

  • 2006 was the peak year for number of transactions
  • 2009 is the lowest year for number of transactions
  • The number of properties sold to date in 2010 is up 47% vs 2009 (but is down 55% from the six-year-average of the number of properties sold from 2004 to 2009)
  • The prices of properties peaked around 1/1/2008. Prices are 15%-25% below that peak.

Interest rates are still super low, the stock market is up 63% from its low in March 2009, and we are expecting the recovery to continue, so contact us today!

Please check back from time to time, for more Breckenridge Colorado real estate market statistics and analysis.