Highlands at Breckenridge

Hello there,

Here’s the real estate market update, for the luxury Highlands at Breckenridge subdivision in Breckenridge, Colorado!

It’s still very early in the year, but the number of sales so far is encouraging.



The chart above shows the number of residential home sales in the original Highlands At Breckenridge subdivision, from January 1st of a year, to February 9th of that year.

• The number of properties sold to date in 2011 is the same as last year, namely three so far. This is well above the average pace, going back to 2005.
• The total sales volume (the sum of all selling prices) is up slightly (4%) vs 2010

The three sales so far in 2011 are:

1. 1/4/11, 35 Fletcher Ct, $1.495M, 6 bed / 8 bath, 7256 sq ft ($206/sq ft)
2. 1/25/11, 1883 Highlands Dr, $957K, 4 bed / 3.5 bath, 4805 sq ft ($199/sq ft) (we found the buyer!)
3. 2/8/11, 45 Golden Age Dr, $1.448M, 4 bed / 4.5 bath, 4908 sq ft ($295/sq ft)

Please check back from time to time, for more Highlands At Breckenridge market analysis and statistics.

Hello there,

Here’s the real estate market year-end review, for the luxury Highlands at Breckenridge subdivision in Breckenridge, Colorado!



The chart above shows the number of residential home sales in the original Highlands At Breckenridge subdivision, for each of the years from 2004 through 2010.

• The number of properties sold in 2010 was down 17% from 2009, but 2010 was still a good year for sales in The Highlands, all things considered
• The total sales volume (the sum of all selling prices) for 2010 was down 27% vs 2009

Please check back from time to time, for more Highlands At Breckenridge market analysis and statistics.

Hello from Breckenridge, Colorado!

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

• We charted all 32 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 slight 2.7% 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 November 2010 averaged $309 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 2.7% 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.!