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Happy New Year! This is what’s happening in Breckenridge

We had a great year and so appreciate everybody that contacted us. We just broke our personal 20 year record!! Yahoo! 2017 is going to be awesome.

Here is what is going on with the market.  The final numbers are not in yet, but I did do a quick check to see where the market is as of today for last year. The average sold price for residential sales and if that holds the increase in 2016 is just over 7%. Oh, and the average sold price for residential sales (homes, townhomes, condos, duplexes) is right at $595,000! The list price to sold price is  at an average of 97.4% with a high of 106% so not much wiggle room.

If history repeats itself there will be more inventory in the spring but as you can see they go quickly. My listings in 2016 were selling before I could get them in the MLS.

Roger and I wish you and your families as great New Year of health and happiness!

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Average Price & Number of Sales UP for Vacation Homes!

This is the peak selling season for Breckenridge to buy second homes and, based on historic sales, should continue for another 4 weeks. During those 4 weeks, plus this week we are in the middle of, the county should see 40 to 50 plus properties go under contract. After that the next 4 weeks typically see about 30 something going under contract and the following 4 to 5 weeks (think October now) the under contract activity drops a bit more.

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Wow! What a summer it is going to be!

Well, we are off and running. I have lost three contracts this summer already. I know it sounds bad and it certainly was for those wanting to buy those vacations homes and ski property. What this means is that before I could get back to my office to write the contract or before my clients could get to town to see the property it was already under contract with someone else. We’re back!! I haven’t seen it like this since before the recession so that is good news. If you are considering buying a mountain property either vacation home or investment property you need to act promptly. Our summer months are when we have the most inventory so give us a call and we can schedule you for a great day of finding a perfect property for you. Hope your summer is great also.