Monday, September 2, 2013

Summit County Sales Holding at a19% Gain!

Reading last year's "How's the Market Update" at this time of year (Sept 3, 2012) - "Best week of 2012 so far and beating the best week of 2011 with 56 listing NUCs this past week and beating the same week of 2011 by 17%! Now that's forward momentum. The county's under contract activity is up 12%..."
 
Interesting: This last weeks Under Contract activity wasn't as robust as last year for the same week (this year last week's UC activity was down 39%).
 
23% represents the improvement in the total number of properties Under Contract today over the same time last year! Still a good improvement and yet down from a 36% improvement last week and a 39% improvement the week before that...the county's available inventory looks to have peaked the last week of July/1st week of August this year; which is early by two three weeks and the under contract totals may be following the same peaking a few weeks early trend we are witnessing this year.
 
It will be very interesting to see what happens over the next 6 weeks.
 
Active listings are down 11%.
 
Sold activity is up 19% in Summit County with a slight change in the North Side coming down to an 18.4% improvement and the South Side moving up to a 19.7% gain...average sold prices are down county wide, North Side and South Side - learn more here http://www.weeklyreactivity.com .



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 SalesHome Sales
Vacant Land SalesTownhome SalesDuplex SalesTop 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.