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Nancy Yearout

Sales Associate

Current Market Trends



 

The Market:  Residential prices are up and they are up in every resort town in Summit County, Colorado! 

On average they are up 17% (that's $100,000 more than in 2016). Today the average sold price for a residential property in the county is just over $700,000! The home average sold price is approaching 1.2 million with the average condo coming in at about $425,000. 

 

Our inventory extremely low and demand is high. The luxury market ($1,000,000 plus sales) is reaping the benefit of the prices moving upward with an increase in sales of +49%! Enjoy the market updated stats in their PDF form or easy to view videos.

 

And here's a tidbit: In 1994 almost 90% of all sales were under $250,000 and in 2017 a little over 90% of all sales were over $250,000. In fact, the majority of 2017's sales in Summit County were over $500,000.

Homes

Condos

Luxury

1994 to 2017

The Market


Nancy Yearout

Broker Associate

RE/MAX Properties of the Summit

970-485-0293

nyearout@colorado.net

realestate-breckenridge.net

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Each office is independently owned and operated.

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

 

 

Source: YTD: Year to date & Sold Data 1/1- 12/31/17. Data pulled on 1/5/2018. 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. 

 

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