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Special Report: 2015 Sales in Summit County, What's Happening by Area & Price Range!

Reply with Video
Properties of the Summit
Summit County
RE/MAX
May 4, 2015
Special Real Estate Report

Summit County Residential Sales Up 11%!

In this update along with the above video one can learn a little bit about What's Happening by Area, Town and by Price Range for Summit County residential real estate sales so far this year.

The Video summarizes much of this information in graphs and for those wanting a PDF of the KEY graphs in the video above, click here.

Sales are up, and as the chart to the right shows they are up in each price range and, yet, sales are not up in each area. It is early in the year and the numbers are small and the percentage changes can be offset rather quickly. But, it is interesting to see just how 2015 is underway 4 months into the year. Enjoy the update.

Sales by Price Range
Summit County Sales
Sold Price # YOY
$0-$500k 240 4.8%
$500k-$1m 121 19.8%
$1m & Up 43 22.8%
 
North & South Side Sales
Sold Price #NS YOY #SS YOY
$0-$500k 171 17% 69 -17%
$500k-$1m 67 49% 54 -4%
$1m & Up 6 0% 37 28%
 
*YOY is 2015vs2014, *NS is North Side, *SS is South Side. See definitions below.

Interesting: The $500,000 to $1,000,000 sales are really kicking off the year with a very strong improvement in sales. The 49% improvement for the North Side in this price range corresponds to 22 additional properties selling in the $500k to $1m range. And the 28% improvement in the South Side of the county for the over $1,000,000 sales corresponds to 8 additional sales in that price range. The trend is in place and it will be interesting to see how this trend continues as the county proceeds into the next part of a typical selling year - the gearing up for the peak sales later this summer.

Properties Sold/Closed

Overall sales are positive with some rather large gains in Frisco, Dillon, Keystone and Silverthorne and modest losses in Breckenridge to big changes in the Copper Mountain area. This is a trend that is starting to gain some traction as it has been in place for a couple months now.

With that said, we still have the peak part of our typical selling year ahead in 2015.

In addition, the pending activity is still ahead of last year with all the areas represented with big numbers or small numbers as with Copper. The appearance is that the pending will continue the sales trend so far, except that the Breckenridge area stands to improve with a very large chunk of pending properties in the Breckenridge area.

By Town & %Change
Town # YOY
Breckenridge 160 -5%
Frisco 44 37%
Copper Mtn 15 -35%
Dillon 46 59%
Silverthorne 70 15%
Keystone 69 33%
Summit County 404 11%
*YOY is 2015vs2014

Find this update as well as others on all our social sites.

Average Sold Price /- YOY
Town $0-500k YOY $500k-1m YOY
Breckenridge $328,270 -2.4% $697,370 -0.2%
Frisco $335,758 -6.3% $704,338 4.4%
Copper Mtn $339,077 8.1% N/A N/A
Dillon $264,539 2.4% N/A N/A
Silverthorne $305,502 5.1% $674,326 3.5%
Keystone $278,146 2.4% $644,792 -1.7%
Summit County $305,503 -0.5% $688,431 1.3%
Note: Over $1m sold average prices in Breckenridge are showing a decline of -1.8% and Summit County an increase of 2.8%. In the rest of the towns sales are not sufficient enough to use averages.
YOY is 2015vs2014 and N/A means there is insufficient sales to use averages.
Stats & Info
Condo Sales
Home Sales
Vacant Land Sales
Duplex Sales
Townhome Sales
2014 Year End Stats
2014 Luxury Sales
 
RE/MAX Presentation
 

RE/MAX Properties of the Summit - 3 Offices in Summit County: Frisco, Keystone & Breckenridge

Source: SAR Data for Residential (Condo, Townhome, Home, Duplexes) in Summit County, Colorado. Unless otherwise specified. **The information contained herein is based on information provided by others. Accordingly, we make no guarantee of its accuracy and suggest you make an independent inquiry of any matters you regard as important. %Change is 2015v s 2014 YTD or Week.

North Side consists of the combined sales data from Frisco, Copper Mountain, Silverthorne, Dillon and Keystone and the South Side consists of all sales data from Breckenridge.

Each office is independently owned and operated.

 

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