Teresa’s Take On Things

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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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Winter is coming to Breckenridge!

The leaves have changed and the streets are quiet. Everyone is getting ready for the ski season. Last year every room and condo in Breckenridge was booked especially for the holidays so plan way ahead for your vacation. If you have any questions while you are here we are happy to help. The website www.gobreck.com is great to see what activities are going on. We know the good restaurants, ski rentals etc. We of course would love to speak with you about buying your condo or mountain cabin in Breckenridge whether it is slope side or more rural. Many times people are with their families for the holidays and will meet with us and then come back when there is more availability to look at property when everything isn’t rented. If you are considering selling your property in the spring, many times there are more contractors available in the winter so you can get on their schedule. Plus it makes selling more easy if your home is prepared and less stressful for you. We have some wonderful people if you need any help with that. We are happy to come and give you ideas on what will help your house sell and make sure you are doing the right upgrades that will get you a good return on that investment.

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May is “mud month” in Breckenridge – best time to buy property!

Buy this mud season

OK so that sounds strange right? We are in between seasons right now. The skiers have gone home and the summer tourist are not here yet. This means it is easy to get in to see properties because most of them are not rented. You are also getting in before the prices go up in summer as they do every eyar. Typically the owners of these new listings are planning on these summer prices and price their homes and condos accordingly.

Also, don’t forget Breckenridge has wonderful activities to offer in the summer. We are not just a winter destination anymore. Go to www.gobreck.com and find out all the fun things to do and plan your summer vacation. Of course while you are in Breckenridge stop by and say hi and have some coffee with us and we can talk about the Breckenridge market and investments you might be considering.