First quarter 2022 stats for homes and condos
Here are some of the first quarter statistics for homes and condos in Breckenridge. Our phones are ringing off the hook still asking if we think the market will stay the same in 2022. The answer is YES!
If you look at the appreciation rate of 37% it is beyond what anybody would have thought. We are still seeing growth with no signs of slowing down. People believe this to be a bubble but it is not. I will explain more about that in my next blog.
- Number of Sales: The number of home sales are down 26%.
- Average Price Increase: The average sold price increase was +37%!
- Inventory: Today there are only 59 single family homes for sale in all of Summit County. The average list price of the homes for sale is $4,944,975.
- Percent of List to Sold Price: The average percent of the list to sold price is 100%.
- Number of Sales: The number of condominium sales are down 26%.
- Average Price Increase: The average sold price increase was +26%!
- Inventory: Today there are only 43 condominiums for sale in all of Summit County. The average list price of the condos for sale is $1,176,495.
- Percent of List to Sold Price: The average percent of the list to sold price is 103%.
