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Showing posts from November, 2013

Local Real Estate Statistics: October 2013 versus October 2012

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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%

Breckenridge Opening Day!

The lifts are starting....here's to a great ski season ahead!

Breckenridge Transfer Tax

Recently, Breckenridge Associates Real Estate was notified by Land Title Guarantee Company that the Town of Breckenridge and closing companies are running into many situations regarding the conveyance within the town limits that has a transfer tax paid or stamped exempt. This issue is arising on all deeds, even Quit Claim Deeds. The Town of Breckenridge is going back 6 years, and if there is any deed that is not stamped exempt or the transfer tax was never paid on any type of conveyance, the town is not allowing the title companies to pay the new owner's transfer tax or have the new deed stamped exempt until all previous deeds have been taken care of with the town. Closing entities will not be able to close a transaction that has any of these outstanding deeds that were not stamped exempt from a prior conveyance or transfer tax paid, until the issue has been resolved with the Town of Breckenridge prior to closing. To review the Town of Breckenridge Ordinance and Guidelines, g

Secret Stash: Planning Your Thanksgiving Week in Breckenridge

Celebrating a holiday with family and friends in the mountains is something special.  Thanksgiving week kickoffs the holiday season in full-swing.  Along with the holidays, comes the ski season.  So this year, plan your Thanksgiving week in Breckenridge, enjoying the turkey and cranberry sauce, cozying up next to a fire with a mug of apple cider, and some great skiing! A Thanksgiving to Remember... Thanksgiving is late this year, November 28th.  The ski conditions should be pretty nice.  Hopefully the snow god, Ullr, will be friendly this year, providing an abundance of snow.  During the day, hit the slopes early and enjoy some turns while others are watching football and hanging out with the family.  Burning some extra calories on Turkey Day never hurts when it comes to your second helping of turkey, mashed potatoes, and the pumpkin pie!  Breckenridge Ski Resort is going to try and have Peak 9, in addition to Peak 8, open in time for Thanksgiving week.  This will provide plenty of

BRECKENRIDGE REAL ESTATE HOT LIST: NOVEMBER 2013 TOP 5

Each month Breckenridge Associates Real Estate features our Top 5 Real Estate deals around the county. Ski season has officially started and the town is starting to look the part- snow covered mountains and the town is bustling with people. Peak 8 opened on November 8th and the snow keeps on falling. Here are our Top 5 real estates deals to kickoff a great ski season. 181 Red Fox Drive, 39 Degrees North Subdivision $849,000 4 bedroom, 4.5 baths GOT VIEW? Arguably the most stupendous view in all of Summit County. Supremely private, backs to National Forest, this thoughtfully crafted home features main level master, granite, Wolf & SubZero kitchen, vaulted greatroom, and a soaring stone fireplace. Splendid guest quarters and room for the whole gang. Automatic Back-up Generator system. Insane view of Summit's only 14'er! Lot next door is also available for $179,000. 891 High Point Drive, Breckenridge Heights Subdivision $469,000 4 bedroom, 2.5 bath Classic ski c

Get Your Coffee Mug!

Wake Up Breckenridge: Tomorrow, November 7th, at 7 a.m. the tradition continues. Breckenridge Ski Resort will be providing free coffee mugs throughout town. This years mug will feature Peak 6. Get them while supplies last. Visit  www.Breckenridge.com/Wake-Up-Breck  to find participating locations.