What a Market! Summit County Resort Market Soaring.

Sales up 19%. Pending Sales up 36%. Inventory down 12%.

Sales are up that 19% county wide as well as the North Side and the South Side. In fact, sales are up in each town as follows: Breckenridge up 19%, Frisco up 14%, Copper Mountain up 94%, Dillon up 7%, Silverthorne up 26%, Keystone up 16%.
 

The average sold price for the county's residential sales is now down -2%, -5% on the North Side and +1% on the South Side.
 

The inventory is down and does appear to have peaked a few weeks ago and yet the inventory the county has today of properties for sale is not as low as it has been in years past. Actually the county had less of an inventory for buyers to choose a property to purchase from late Summer/Fall of 2005 through the Spring of 2008. It will be interesting to see how the inventory goes as we progress through the next few years.
 

Interesting note: In each year 2005, 2006, 2007 and 2008 the annual sales were substantially more (30 to 60% more) than what our annual sales will be this year with that 19% improvement we are seeing right now. If the past is any indicator, a low inventory could translate into improved number of sales.

Jeff Angell Realtor, Manager, Owner RE/MAX Properties of the Summit/Frisco Market Info:  http://ecoloradohomes.com Find Jeff on Facebook,  facebook.com/REMAX.PropertiesoftheSummit Search Real Estate here: http://ecoloradohomes.com The Stats Weekly Activity How's the Market Condo Sales Home Sales Vacant Land Sales Townhome Sales Duplex Sales Top Firms     RPOTS Market Summary 2012 *Sales Stats Updated August 2013

Source: 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.

North Side consists of the combined sales data from Frisco, Copper Mountain, Silverthorne, Dillon and Keystone and the South Side consists of all sales data from Breckenridge.