September Real Estate News Update

By -
We saw a slight increase in sales of residential properties throughout Summit County in September compared to sales from the same month last year. There were 118 residences that sold last month, showing a sharp increase in sales from the month of August and we continue to see signs of a stabilizing housing market in Summit County.

Even though buyers are returning to the market, the unusually elevated number of properties available today continue to drive sales prices lower. At the current rate of monthly sales in Breckenridge we have in excess of two years of inventory available to buyers. Sales are happening, but it’s now more important than ever to price your home as competitively as possible to secure a sale.

Sales of particular note last month include a brand new 6,000 square foot luxury home overlooking the Jack Nicklaus-designed Golf Course in Breckenridge. The final sale price was $2,700,000, which translates to over $450/square foot. 

Comments

Post a Comment

Popular posts from this blog

Breckenridge's Real Estate Hot List - January 2011

By -
Image
62 Mountain View Drive, $439,000 **CONTRACT PENDING (Blog Post updated on January 24, 2011)** – A Single Family Home listed slightly over $400K? What a deal! The Blue River just off your back deck, this 3 Bedroom/2 Bath home built in 2000, with a 2-car garage, has to be one of the best deals out there. Close proximity to Main Street Breckenridge, just 5 minutes south of town. Don’t let this one pass you by. **PENDING CONTRACTS MAY NOT LINK TO MLS LISTING** The Atrium #306, $489,000 **CONTRACT PENDING (Blog Post updated on January 24, 2011)** – 3 Bedroom/3 Bath plus Loft, right in town next to Carter Park and on the bus route. Underground parking, hot tub and owner financing! One of the best deals in Breckenridge for a large residence in a great location. **PENDING CONTRACTS MAY NOT LINK TO MLS LISTING** Main Street Station #1411, $649,000 – This has to be one of the best locations in Breckenridge. Right on Main Street and walk to the Quicksilver Lift. This 2 Bedroom/2 Bath res
Read more

About Breckenridge Associates 2019

By -
Image
Whether it's the mountains, the solitude, the snow sculptures or the music festivals, people look for real estate around Breckenridge for a reason.  Maybe they're hoping to make a connection — with family, the mountains or a healthy lifestyle.  Whatever the goals may be,  the professional Realtors® at Breckenridge Associates is the hometown team, with unparalleled knowledge about Summit County. Breck Associates Real Estate can help find the perfect match for those important goals. Something similar drove every one of the Summit County Realtors at Breckenridge Associates when making this wonderful town their home. Love of the community drove us to form a team that sells more real estate than any other single office in Summit County. We're dedicated to Summit County and the surrounding communities - our only office is the red brick historic home on Main Street, Breckenridge. Come up the path and onto the porch and see what's for sale. The old place is
Read more

Local Real Estate Statistics: October 2013 versus October 2012

By -
Image
Fall was another great month for real estate here in Summit County and Breckenridge. Breckenridge Statistics In Breckenridge, fall time was still showing momentum for the real estate market.  There were 22 single family homes sold in the month of October.  At the end of October, the single family market was up almost 12% compared to the same time as last year.  The condo market has been doing fantastic this year.  In the month of October, 38 condos sold in Breckenridge.  The condo market is ahead almost 50% compared to last year.  Three duplexes and 9 townhomes sold last month compared to only 5 duplexes and 4 townhomes in October 2012.  As of November 7th, there were 88 pending residential properties in Breckenridge.  Although the number of transactions and dollar volume are increasing year over year, the average sales price continue to remain steady or in some cases, decline.  At the end of October, the average sales price for a condo in Breckenridge is remaining stable at 4.35%
Read more