This is the last week of 2012 and for some their New Year or Christmas wish is that 2012 doesn't end! Today we are at a 16.2% increase over last year at this same time for residential properties sold in Summit County. If we just take today’s numbers 2012 will end the year at a 14.6% increase, but we have one week left so 2012 will be even better yet!
The North Side of the county is up 23% and the South Side of the county is up 7.7%.
Last week’s sold properties took a leap with an 80% improvement resulting in one of the best sold weeks this year and probably the best sold week December has ever had ever!
The under contract activity this past week was the same as last year. A surge in closings combined with a flat under contract activity resulted in our current total number of properties that are under contract dropping from last week to a number that is the same as last year at this time (actually this year there is one less).
Prices are down just a tad or flat except in the North Part of the county where they average sold price is up 2% now. Learn more here, Http://WeeklyREActivity.com .
Jeff Angell
RE/MAX Properties of the Summit
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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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