Guess what: four years ago for Thanksgiving, we had huge snowfall! The skiing was fantastic.
November 30th, 2008 we got over a foot of snow at our house! We live a few miles outside of downtown Breckenridge, Colorado, near the National Forest. Our elevation is 10,700.
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How’s the real estate market in Summit County, Colorado?
The number of residential sold properties in Summit County is up 15% vs last year at this time!
Last week the number of residential (homes, condos, townhomes, and duplexes – no vacant land) sold properties in Summit County surpassed the 2011 year end total and this week the total number of sales in Summit County gained another 2%. In one week, the county went from a 13% gain in sold properties to today’s 15% gain!
Countywide the number of sold properties is up 15% and the North Side of the county (Frisco, Silverthorne, Dillon, Keystone, and Copper) is almost at a 20% gain while the South Side (Breckenridge) is at a 9% gain.
The average sold price for Summit County Residential sales is up 0.4%. The North Side of the county is now at a 3.5% increase and the South Side remains almost unchanged at minus 0.6%. It will be interesting to see what the next five weeks will bring as we wind the year down.
Active listings today are down -14.7% vs last year on this date, and the total residential properties in the county that are under contract are up 7.5%. The 7.5% is primarily due to two situations this past week: 1. The number of properties that went under contract surged by 33% and the number of properties that sold went down by 22%.
More details at http://WeeklyREActivity.com .
Happy Holidays!
How’s the real estate market in Breckenridge, Colorado?
The number of residential sales in Summit County is up 18% vs last year at this time! And the number of sales in Breckenridge is up 12%. Breckenridge prices are still flat, on average; however, homes under $500K are still our hottest segment – there is only a 6-month supply.
But, what’s the multi-year trend? Are there more sales every year, or fewer? Watch our one-minute video, below, to find out! For more details on the market, see our article, The Number Of Sales: Up or Down?
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