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Nancy Yearout

Sales Associate

Current Market Trends



Summit County, CO
January 30, 2017
Local Resort Real Estate Update
RE/MAX Properties of the Summit

2017!

I look forward to helping you succeed in realizing your goal for your Resort Lifestyle real estate investment(s) this year... 

The Single Family Home Market: The average Summit County, CO single family home sold price in 2016 was $1,009,530 for an increase of 6.8% over 2015. There was a slight increase in the number of sales (plus 0.2%) and days on the market remains very low.

In addition, these homes are selling very close to list price with a countywide average of 96.8% of list price. So, only about 3 % of wriggle room off the sale price.

Watch the video above or view PDFs of the Single Family Stats for 2016.

* Single Family Home Sales 1/1-12/31/2016
SFH Sales in 2016
Town 2016 '16 vs '15
Breckenridge 284 +9.2%
Copper 0 N/A
Dillon 53 -10.2%
Frisco 33 -32%
Keystone 27 -6.9%
Silverthorne 109 +0.9%
Summit County 506 +0.2%
*Single Family Home Sales 1/1-12/31/2016

There's More:  In 2016, the million $ and over sales in Summit County were up 11.1%  while the under Million $ sales were down almost 6 percent.

Condominium sales were off just a bit over 1% and the average sold price was up, a little over 1%. The average sold price for a condo last year was $370,054.

Residential sales (includes all types of property excluding land) in the County are down about 4% with the average sold price up 6%. The average residential sale last year came in at $595,390.

The low inventory has certainly helped keep the average days on the market down to just 82 days and the average list price to sold price ratio at a of high 97.4%. Not much time for buyers to consider making an offer and not much negotiation room either.

Here are a few more stats videos and their corresponding PDFs for those that want to really absorb all the information. Enjoy.

1 Mil & Up Stats      1 Mil & Under Stats
 
View in PDF format.   View in PDF format.
     
Condo Stats 2016   Residential Stats 2016
 
View in PDF format.   View in PDF format.
Single Family Home Average Sold Price
Local Town 2016 '16 vs '15
Breckenridge $1,123,027 +4%
Frisco $859,520 -8.2%
Copper N/A No Sales in '16
Dillon $680,414 +5.4%
Silverthorne $866,492 +15.2%
Keystone $1,222,546 +12.6%
*Single Family Home Average Sold Price 1/1-12/31/16
Detailed Sales Stats
Condo Sales
Home Sales
Residential Sales
Duplex Sales
Vacant Land Sales
Townhome Sales
All Stats Updated for 1/1 - 12/31/16.
Tech Connects You RE/MAX Global
RE/MAX Number 1 RE/MAX Local Stats
 

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

www.realestate-breckenridge.net

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 2016 vs 2015 YTD or Week.

Each office is independently owned and operated.

I'm never too busy to help you or someone you know with a real estate question or transaction, in Summit County or anywhere in the world!