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How's The Market 2/26/12

How’s the real estate market in Breckenridge, Colorado? It’s still a buyer’s market, but slowly recovering. The number of residential sales is up 17% for 2011 vs 2010. So far in 2012, Summit County’s number of residential sales is up 3%, but Breckenridge is lagging behind a bit.

Did you know that the number of listings fluctuates with the seasons? Currently the number of properties for sale is on the rise, but which month has the fewest listings and which month has the most? Glad you asked! Get the one-minute update in our video, below. And for more details, view our chart showing the number of residential listings, over time.

Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.

Please check back from time to time, for more videos.



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When Is Inventory The Highest?

Hello from Breckenridge, Colorado!

Ever wonder how the number of residential properties for sale, fluctuates during the year?

Get the quick answer from our 1-minute video, or see the details below.

The short answer is: the number of listings is at a minimum in January, and a maximum in July.

The chart below shows the number of residential listings in the Breckenridge area since October, 2008.

  • “Residential listings” means the total number of homes, condos, townhomes, duplexes, and vacant land for sale on any given date
  • The chart shows a clear seasonal pattern.
  • The number of listings generally is the lowest in January, and slowly rises all spring and summer to a peak in July.
  • On average, the number of listings rises about 35% from January to July
  • Looking at the chart as a whole, the number of listings has declined somewhat in the past three years, especially in 2011. The most likely reason is that people have tried to sell their properties, but didn’t get the price they wanted, and are leaving their property off the market until prices improve. As our market continues to stabilize and improve, we expect the total number of listings to increase, with higher highs in July, and higher lows in January.


Screen shot 2012-02-27 at 4.13.47 PM

So, now you know how the market inventory varies during the year. Believe it or not, we have even more data, so if you like market statistics, you know who to call!


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Snow Sculpture Championships

It’s the 22nd Annual Budweiser International Snow Sculpture Championships in Breckenridge, Colorado!

On Day Five, Saturday 1/28/2012, all of the sculptures are complete as of 10am. 15 teams from 10 different countries worked on huge 20-ton blocks of snow, 12 feet tall, using only hand tools – no chainsaws etc. This is the first day that the completed sculptures are on display. They will remain standing for a week (weather permitting).

For videos of Days One through Four, showing the sculptures as they emerge from their blocks of snow, please click here.



Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.

Please check back from time to time, for more videos.