Sales are up 6% and the average sold price is up 5.4% in Summit County. The North Side (Frisco and Silverthorne) is witnessing a 12% improvement in sales and a slightly down average sold price (-0.5%). The South Side sales (Breckenridge )are down -2.5% and the average sold price is up substantially (+14.7%).
Interesting that the total number of properties under contract is currently up +31% over this same time last year. Another interesting tidbit is that if we remove all the new construction that is pending the total number of properties under contract today is exactly the same as last year. It will be interesting to see what percentage of that 31% improvement closes in 2014.
Just keeping you in the loop!