So far in 2013 for residential properties in Summit County the number of sales are down (-32%) and average sold prices are down (-7%). The number of properties that are currently under contract is up by 4%. Interesting that the average list price today is about 5% less than the average list price this time last year.
The over all change in everything that sold in 2012 versus 2011 shows the sold volume is up in Summit County a whopping 21% with the number of transactions improving just over 20%. The average sold price for all types of sales in the county is up just under 1%. Interesting that of all the local towns witnessing double digit gains in sales this past year Keystone take the lead with almost a 50% improvement in the number of sales and just over a 50% improvement in the sold volume!
For sold volume all of SAR (Summit Association of Realtors Data) is on par with 2003 levels (just a tad less). Average sold price, however, has held well and is now in the middle of 2006 and 2007 - which is about where it was last year.
All very interesting as we are off to a pretty good start to 2013 on the heals of a tremendous 2012.
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Source: SAR Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. * 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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