Interesting: As the county approaches the final two months of 2012 the number of residential properties under contract are up 14% and the number of properties already sold this year are up 14.5%.
Up overall and, yet, down this past week by -26% for properties going under contract and -13.5% for the number of showings as compared to the same week in 2011 and showing activity is down -10% for the month of October.
Average sold price is flat countywide while the average sold price per square foot is down -2%.
The North Side of the county sales are up 18.5% and the average sold price is up 4.7% while the average sold price per square foot is down. The South Side of the county sales are up 9% and the average sold price is down about -1% as is the average sold price per square foot (-2%).
Jeff Angell
RE/MAX Properties of the Summit
↓↓↓↓↓↓↓↓Resources↓↓↓↓↓↓↓↓
Http://AllMarketStats.com – go here to view all the local Summit County real estate statistics, trends and history including sales Data from MLS for Condominium, Townhome, Land, Single Family Homes by Summit County, Breckenridge, Frisco, Copper Mountain, Keystone, Dillon and Silverthorne including Wildernest.
Http://HowsTheMarketUpdate.com – go here to read the local real estate market weekly update for Summit County and all the resort towns.
Http://WeeklyREActivity.com – Looking for just the real estate numbers; such as the number of active properties for sale, what went under contract this past week, Sold recently and year to date as well as Summit County’s total number of resort properties under contract on any given week.
On Facebook – Real Estate updates on Summit County including photos, graphs and more.Source: Summit Association of Realtors' MLS Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. Summit County consists of various Colorado resort towns such as; Breckenridge, Frisco, Copper Mountain, Keystone, Silverthorne including Wildernest and Dillon. * 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.
Monday, October 29, 2012
Monday, October 15, 2012
Summit County Real Estate Sales up 16%
The local sold market in Summit County for residential sales has improved yet again to a year to date gain of 16% with the up and coming closings (properties under contract) still maintaining a strong gain of 9.5%.
Last week’s number of properties selling went up substantially (+59%) and those going under contract remained a bit above last year with a 6.5% gain. Continued strong fourth quarter activity. Learn more at Http://WeeklyREActivity.com .
Properties Closed: Countywide up +16%. The North Side of the county is up +20% and the South Side of the county is up +11%.Prices: Countywide Flat with year to date 0.5% improvement.
The North Side of the County has the highest improved percentage at plus 4% and the South Side the lowest at a minus 1%.
Jeff Angell
RE/MAX Properties of the Summit
↓↓↓↓↓↓↓↓Resources↓↓↓↓↓↓↓↓
Http://AllMarketStats.com – go here to view all the local Summit County real estate statistics, trends and history including sales Data from MLS for Condominium, Townhome, Land, Single Family Homes by Summit County, Breckenridge, Frisco, Copper Mountain, Keystone, Dillon and Silverthorne including Wildernest.
Http://HowsTheMarketUpdate.com – go here to read the local real estate market weekly update for Summit County and all the resort towns.
Http://WeeklyREActivity.com – Looking for just the real estate numbers; such as the number of active properties for sale, what went under contract this past week, Sold recently and year to date as well as Summit County’s total number of resort properties under contract on any given week.
On Facebook – Real Estate updates on Summit County including photos, graphs and more.
Source: Summit Association of Realtors' MLS Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. Summit County consists of various Colorado resort towns such as; Breckenridge, Frisco, Copper Mountain, Keystone, Silverthorne including Wildernest and Dillon. * 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.
Last week’s number of properties selling went up substantially (+59%) and those going under contract remained a bit above last year with a 6.5% gain. Continued strong fourth quarter activity. Learn more at Http://WeeklyREActivity.com .
Properties Closed: Countywide up +16%. The North Side of the county is up +20% and the South Side of the county is up +11%.Prices: Countywide Flat with year to date 0.5% improvement.
The North Side of the County has the highest improved percentage at plus 4% and the South Side the lowest at a minus 1%.
Jeff Angell
RE/MAX Properties of the Summit
↓↓↓↓↓↓↓↓Resources↓↓↓↓↓↓↓↓
Http://AllMarketStats.com – go here to view all the local Summit County real estate statistics, trends and history including sales Data from MLS for Condominium, Townhome, Land, Single Family Homes by Summit County, Breckenridge, Frisco, Copper Mountain, Keystone, Dillon and Silverthorne including Wildernest.
Http://HowsTheMarketUpdate.com – go here to read the local real estate market weekly update for Summit County and all the resort towns.
Http://WeeklyREActivity.com – Looking for just the real estate numbers; such as the number of active properties for sale, what went under contract this past week, Sold recently and year to date as well as Summit County’s total number of resort properties under contract on any given week.
On Facebook – Real Estate updates on Summit County including photos, graphs and more.
Source: Summit Association of Realtors' MLS Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. Summit County consists of various Colorado resort towns such as; Breckenridge, Frisco, Copper Mountain, Keystone, Silverthorne including Wildernest and Dillon. * 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.
Tuesday, October 9, 2012
Sold Prices at 2006 Levels
The local sold market in Summit County for residential sales is holding firm at plus 13%!
Last week’s number of properties selling and going under contract both came in strong with a 54% sold improvement and a 27% under contract improvement over the same week in 2011. Strong fourth quarter activity. Learn more at Http://WeeklyREActivity.com .
A little more detail: Active properties for sale are down 16%, properties under contract to close are up 15%. There is one project that is getting ready to close and removing that project from the overall numbers shows the local resale market of under contract properties up 7% or up 15% with the project sales and up 7% without. However one looks at it the market is up.
Third Quarter Results: Many like to associate a year in the past that is similar to sales today and interesting enough that year is 2006 for both Condominiums and Single Family Homes. Here is a tid bit, there is only a 3% difference between sold home prices today as compared to 2006. Learn more at Http://AllMarketStats.com .
View online: Homes - Slide Show: 'Condo Sales Summit County, Colorado' http://www.haikudeck.com/p/8ANVnH5LvL . Condos - Slide Show: 'Home Sales Summit County, Colorado' http://www.haikudeck.com/p/aUfg9oPfb4 .
Jeff Angell
RE/MAX Properties of the Summit
↓↓↓↓↓↓↓↓Resources↓↓↓↓↓↓↓↓
Http://AllMarketStats.com – go here to view all the local Summit County real estate statistics, trends and history including sales Data from MLS for Condominium, Townhome, Land, Single Family Homes by Summit County, Breckenridge, Frisco, Copper Mountain, Keystone, Dillon and Silverthorne including Wildernest. Http://HowsTheMarketUpdate.com – go here to read the local real estate market weekly update for Summit County and all the resort towns. Http://WeeklyREActivity.com – Looking for just the real estate numbers; such as the number of active properties for sale, what went under contract this past week, Sold recently and year to date as well as Summit County’s total number of resort properties under contract on any given week.
On Facebook – Real Estate updates on Summit County including photos, graphs and more.
Source: Summit Association of Realtors' MLS Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. Summit County consists of various Colorado resort towns such as; Breckenridge, Frisco, Copper Mountain, Keystone, Silverthorne including Wildernest and Dillon. * 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.
Last week’s number of properties selling and going under contract both came in strong with a 54% sold improvement and a 27% under contract improvement over the same week in 2011. Strong fourth quarter activity. Learn more at Http://WeeklyREActivity.com .
A little more detail: Active properties for sale are down 16%, properties under contract to close are up 15%. There is one project that is getting ready to close and removing that project from the overall numbers shows the local resale market of under contract properties up 7% or up 15% with the project sales and up 7% without. However one looks at it the market is up.
Third Quarter Results: Many like to associate a year in the past that is similar to sales today and interesting enough that year is 2006 for both Condominiums and Single Family Homes. Here is a tid bit, there is only a 3% difference between sold home prices today as compared to 2006. Learn more at Http://AllMarketStats.com .
View online: Homes - Slide Show: 'Condo Sales Summit County, Colorado' http://www.haikudeck.com/p/8ANVnH5LvL . Condos - Slide Show: 'Home Sales Summit County, Colorado' http://www.haikudeck.com/p/aUfg9oPfb4 .
Jeff Angell
RE/MAX Properties of the Summit
↓↓↓↓↓↓↓↓Resources↓↓↓↓↓↓↓↓
Http://AllMarketStats.com – go here to view all the local Summit County real estate statistics, trends and history including sales Data from MLS for Condominium, Townhome, Land, Single Family Homes by Summit County, Breckenridge, Frisco, Copper Mountain, Keystone, Dillon and Silverthorne including Wildernest. Http://HowsTheMarketUpdate.com – go here to read the local real estate market weekly update for Summit County and all the resort towns. Http://WeeklyREActivity.com – Looking for just the real estate numbers; such as the number of active properties for sale, what went under contract this past week, Sold recently and year to date as well as Summit County’s total number of resort properties under contract on any given week.
On Facebook – Real Estate updates on Summit County including photos, graphs and more.
Source: Summit Association of Realtors' MLS Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. Summit County consists of various Colorado resort towns such as; Breckenridge, Frisco, Copper Mountain, Keystone, Silverthorne including Wildernest and Dillon. * 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.
Thursday, October 4, 2012
House Sales Up Condo Sales Flat Summit County, Colorado
The resort market is on track for a third year of positive sales growth in a row! Summit County is currently 13% ahead of 2011 for sold properties and even more ahead for pending properties. In fact, the past 5 weeks have been some of the best five weeks in years!
Single Family Home sales are up 21% in Summit County with average sold prices up 5.6% countywide. Local resort towns Breckenridge, Frisco, Silverthorne, and Dillon are witnessing gains in average sold prices. Keystone is currently down in average sold price by 7.6% and yet Keystone is up 38% in the number of homes sold. 2012 has been and is still very strong for home sales.
View online: Slide Show: 'Home Sales Summit County, Colorado' http://www.haikudeck.com/p/aUfg9oPfb4 or View Full Detailed Stats.
Condominium sales are flat – virtually the same as last year with their average sold price down countywide by -7%. Yet Silverthorne, Dillon and Copper Mountain are seeing their average condo sold price improve this year. While the number of condo sales is down in all areas except for Keystone and Copper Mountain.
View online: Slide Show: 'Condo Sales Summit County, Colorado' http://www.haikudeck.com/p/8ANVnH5LvL or View Full Detailed Stats.
Sales are up, Pending Sales are up even more and of the pending sales there are more than twice as many condos under contract as homes getting ready to close and offset the current condo market in the positive direction. It is a great time and our pre-ski-season activity is very strong.
By the way, check this out 'The Market Leaders' http://www.haikudeck.com/p/FW9yKi01Rb .
Jeff Angell
RE/MAX Properties of the Summit
↓↓↓↓↓↓↓↓Resources↓↓↓↓↓↓↓↓
Http://AllMarketStats.com – go here to view all the local Summit County real estate statistics, trends and history including sales Data from MLS for Condominium, Townhome, Land, Single Family Homes by Summit County, Breckenridge, Frisco, Copper Mountain, Keystone, Dillon and Silverthorne including Wildernest. Http://HowsTheMarketUpdate.com – go here to read the local real estate market weekly update for Summit County and all the resort towns. Http://WeeklyREActivity.com – Looking for just the real estate numbers; such as the number of active properties for sale, what went under contract this past week, Sold recently and year to date as well as Summit County’s total number of resort properties under contract on any given week.
On Facebook – Real Estate updates on Summit County including photos, graphs and more.
Source: Summit Association of Realtors' MLS Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. Summit County consists of various Colorado resort towns such as; Breckenridge, Frisco, Copper Mountain, Keystone, Silverthorne including Wildernest and Dillon. * 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.
Single Family Home sales are up 21% in Summit County with average sold prices up 5.6% countywide. Local resort towns Breckenridge, Frisco, Silverthorne, and Dillon are witnessing gains in average sold prices. Keystone is currently down in average sold price by 7.6% and yet Keystone is up 38% in the number of homes sold. 2012 has been and is still very strong for home sales.
View online: Slide Show: 'Home Sales Summit County, Colorado' http://www.haikudeck.com/p/aUfg9oPfb4 or View Full Detailed Stats.
Condominium sales are flat – virtually the same as last year with their average sold price down countywide by -7%. Yet Silverthorne, Dillon and Copper Mountain are seeing their average condo sold price improve this year. While the number of condo sales is down in all areas except for Keystone and Copper Mountain.
View online: Slide Show: 'Condo Sales Summit County, Colorado' http://www.haikudeck.com/p/8ANVnH5LvL or View Full Detailed Stats.
Sales are up, Pending Sales are up even more and of the pending sales there are more than twice as many condos under contract as homes getting ready to close and offset the current condo market in the positive direction. It is a great time and our pre-ski-season activity is very strong.
By the way, check this out 'The Market Leaders' http://www.haikudeck.com/p/FW9yKi01Rb .
Jeff Angell
RE/MAX Properties of the Summit
↓↓↓↓↓↓↓↓Resources↓↓↓↓↓↓↓↓
Http://AllMarketStats.com – go here to view all the local Summit County real estate statistics, trends and history including sales Data from MLS for Condominium, Townhome, Land, Single Family Homes by Summit County, Breckenridge, Frisco, Copper Mountain, Keystone, Dillon and Silverthorne including Wildernest. Http://HowsTheMarketUpdate.com – go here to read the local real estate market weekly update for Summit County and all the resort towns. Http://WeeklyREActivity.com – Looking for just the real estate numbers; such as the number of active properties for sale, what went under contract this past week, Sold recently and year to date as well as Summit County’s total number of resort properties under contract on any given week.
On Facebook – Real Estate updates on Summit County including photos, graphs and more.
Source: Summit Association of Realtors' MLS Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. Summit County consists of various Colorado resort towns such as; Breckenridge, Frisco, Copper Mountain, Keystone, Silverthorne including Wildernest and Dillon. * 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.
Monday, October 1, 2012
Sales UP 13% Summit County, CO
History & Future. The nationwide housing market basically stopped in 2007 dropping the average home price in the US downward by about a third by the start of 2012. Future predictions on when the housing market will return to historic highs range from the near future of 2016 to 2018 all the way out to CNN’s recent 2023 prediction.
A quote from CNN’s article, “Fiserv forecasts prices will bounce back an average of 3.7% a year for the next five years -- a rate that would still leave prices 20% below the peak”.
Locally the number of sales dropped in 2007 a bit (down 14%) and plummeted downward an additional 43% in 2008 to finally bottom out in 2009 with another drop of 25% - total drop from 06 to 09 was 63%. Interesting though is that Summit County had a peak in average sold price while the number of sales plummeted and that average sold price has been in a downward movement ever sense.
Although 2012 is starting to show signs of change and the next three months of sales will be the deciding factor on average sold price for the year. What is, almost, for sure today is that 2012 will be the third year of improving number of properties sold and with a gain of 13% as of today (if the market retains that gain through the end of the year) the number of sold properties by the end of 2012 will show a year ending at -49% below the peak in 2006.
The market is improving and still has a ways to go to get back to or even near the peak. Interesting.
Today sales are up 13%, average sold price is up 1% and the average sold price per square foot is down about 3%. The average sold price is up countywide that 1%, up a whole lot more on the North Side of the County and flat in the South Side and yet the average sold price per square foot is down across the board or county.
This past week the number of properties that went under contract is up again over last year by 64% this time…another great week!
Jeff Angell
RE/MAX Properties of the Summit
↓↓↓↓↓↓↓↓Resources↓↓↓↓↓↓↓↓
Http://AllMarketStats.com – go here to view all the local Summit County real estate statistics, trends and history including sales Data from MLS for Condominium, Townhome, Land, Single Family Homes by Summit County, Breckenridge, Frisco, Copper Mountain, Keystone, Dillon and Silverthorne including Wildernest. Http://HowsTheMarketUpdate.com – go here to read the local real estate market weekly update for Summit County and all the resort towns. Http://WeeklyREActivity.com – Looking for just the real estate numbers; such as the number of active properties for sale, what went under contract this past week, Sold recently and year to date as well as Summit County’s total number of resort properties under contract on any given week.
On Facebook – Real Estate updates on Summit County including photos, graphs and more.
Source: Summit Association of Realtors' MLS Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. Summit County consists of various Colorado resort towns such as; Breckenridge, Frisco, Copper Mountain, Keystone, Silverthorne including Wildernest and Dillon. * 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.
A quote from CNN’s article, “Fiserv forecasts prices will bounce back an average of 3.7% a year for the next five years -- a rate that would still leave prices 20% below the peak”.
Locally the number of sales dropped in 2007 a bit (down 14%) and plummeted downward an additional 43% in 2008 to finally bottom out in 2009 with another drop of 25% - total drop from 06 to 09 was 63%. Interesting though is that Summit County had a peak in average sold price while the number of sales plummeted and that average sold price has been in a downward movement ever sense.
Although 2012 is starting to show signs of change and the next three months of sales will be the deciding factor on average sold price for the year. What is, almost, for sure today is that 2012 will be the third year of improving number of properties sold and with a gain of 13% as of today (if the market retains that gain through the end of the year) the number of sold properties by the end of 2012 will show a year ending at -49% below the peak in 2006.
The market is improving and still has a ways to go to get back to or even near the peak. Interesting.
Today sales are up 13%, average sold price is up 1% and the average sold price per square foot is down about 3%. The average sold price is up countywide that 1%, up a whole lot more on the North Side of the County and flat in the South Side and yet the average sold price per square foot is down across the board or county.
This past week the number of properties that went under contract is up again over last year by 64% this time…another great week!
Jeff Angell
RE/MAX Properties of the Summit
↓↓↓↓↓↓↓↓Resources↓↓↓↓↓↓↓↓
Http://AllMarketStats.com – go here to view all the local Summit County real estate statistics, trends and history including sales Data from MLS for Condominium, Townhome, Land, Single Family Homes by Summit County, Breckenridge, Frisco, Copper Mountain, Keystone, Dillon and Silverthorne including Wildernest. Http://HowsTheMarketUpdate.com – go here to read the local real estate market weekly update for Summit County and all the resort towns. Http://WeeklyREActivity.com – Looking for just the real estate numbers; such as the number of active properties for sale, what went under contract this past week, Sold recently and year to date as well as Summit County’s total number of resort properties under contract on any given week.
On Facebook – Real Estate updates on Summit County including photos, graphs and more.
Source: Summit Association of Realtors' MLS Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. Summit County consists of various Colorado resort towns such as; Breckenridge, Frisco, Copper Mountain, Keystone, Silverthorne including Wildernest and Dillon. * 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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