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Nancy Yearout

Sales Associate

Current Market Trends



Properties of the Summit

 

November 2017

The Market: The Average Sales Price through October 31, 2017 as compared to the same time period in 2016 is up 19% for residential sales in Summit County, CO! That increase represents about a $109,000 gain on the average sold price so far this year...the number of sales are up +6%. View the detailed stats by town The Market Today (a PDF) or watch the above video. 

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Sales Over $1,000,000: Often referred to as the 'Luxury' market, sales over $1,000,000 are surging with a +57% increase in sales through October 31st! Breckenridge leads the county with 66 more million dollar plus properties selling so far this year as compared to last year for the same time period....Silverthorne comes in second, with Keystone third and then Frisco (Dillon has had the same number of million dollar plus properties sell this year as last). View the The Luxury Market (PDF) or watch the Luxury Market Video.

 

The Home & Condo Market: Home sales are leading with a robust +14% gain while enjoying a +19% gain in average sold price (that's an increase of $187,000 over last's year's average). Condominiums are following close behind homes with an increase of +15% in their average sold price (that's an increase of $56,000 over last's year's average). 

 

Copper Mountain leads the county in increased condo sales with a +15% increase, and Silverthorne is following closing with a +14% gain. Home sales in Silverthorne are up +28% followed by Breckenridge with a +13% increase in sales.  Learn more via PDFs Single Family Home Sales, Condominium Sales or via Video 'Homes' or 'Condos'.

 

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Interesting: The percentage of sales in 1994 that sold under $250,000 was 89% and today 91% of residential sales in Summit County are over $250,000 and 55% are over $500,000. The average residential sold price in the county is now at $695,218; which is a $109,000 more than the average sold price for the same time period in 2016! Watch the video Sold Prices 1994 - 2017  .

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Video Descriptions:? 

?The Market Today: Residential sales comparing the actual year to date numbers for sales and average sold price for the past 14 years. Details by town and property type (condo, home, residential).  View PDF. Condominium Sales: Detailed sales by town for the average sold price for condominiums for the past 14 years including 2017 YTD. View PDF?. Single Family Home Sales: Detailed sales by town for the average sold price for single family homes for the past 14 years including 2017 YTD. View PDF?. Residential Sales: A summary of the sales by year and including 2017 YTD for the average sold price and the number of sales for residential properties in Summit County, CO. View PDF.


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- 10/31. Data pulled on 11/4/2017. 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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