The Number Of Sales: Up or Down?
Hello from Breckenridge, Colorado!
It’s still a buyer’s market in Breckenridge, and the number of sales is increasing, but what’s the multi-year trend?
Get the quick answer from our 1-minute video, or see the details below.
The short answer is: The number of sales in Breckenridge has been steadily increasing 14.7% (on average) every year since 2009.
The chart below shows the number of residential sales in Breckenridge:
- All residential property types: homes, condos, townhomes, duplexes, and vacant land
- Sales from 1/1 to 10/16 of each year, so each bar shows sales for the first 10 months of each year
- The highest number of transactions was in 2005, with 1017 sales
- The lowest number was in 2009, with just 291 sales
- The number of sales increased in 2010, 2011, and 2012, averaging an increase of 14.7% more sales, every year.
- However, the number of sales is still 30% below the 8-year average of the number of sales for the years 2004-2011, inclusive.
- The chart looks very similar for all of Summit County, with the exception that there has been an increase of 14.1% more sales every year since 2009 (vs 14.7% in Breckenridge).
- Despite this good news, prices are mostly flat in all categories, but we are beginning to see some evidence of prices starting to think about heading up just a tiny bit — too soon to tell for sure, but we’ll keep you posted!
So, now you know the story on sales in Breckenridge. Believe it or not, we have even more data, so if you like market statistics, you know who to call!
