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Summit County Residential Sales Summit County coronavirus closures began in mid-March. Ski areas closed, tourists were instructed to go home, businesses closed and the stay at home orders went into effect. Real estate sales became a lot more difficult. Some sales fell apart in the early stages and it was hard, if not impossible, for […]
Summit County gets a lot of visitors every year. It is a hot spot for skiing, hiking and all sorts of outdoor recreation. Tourists flock here from all over the world. With the pandemic going on, a lot of people familiar with the area want to know what is happening in Summit County. Are we […]
It’s been almost a week since the ski areas in Colorado were ordered closed by the Governor. That was Sunday. Since then, restaurants were restricted to take out or delivery only. Most Summit County businesses that have foot traffic were ordered to close. Hotels and short term rental properties were ordered to be vacated by […]
Nine months of 2019 have gone by. It’s almost ski season again, yaaay! Summit County real estate sales started the year slowly but we still had an optimistic outlook. We had the optimism that spring and summer would re-ignite the hot market we have been used to. That we would get one more summer of […]
The August real estate report for Summit County is a mixed bag. Great sales combined with stellar prices and a lot of inventory. August was a pretty good month with 224 residential sales county-wide. With the exception of 2017, it’s the most August sales we have had since 2007 when we had 273 in the […]
View the video for a quick rundown of what is happening with the Summit County real estate market. Things are changing and if you are looking to buy or sell real estate in Summit County, it’s information you should be aware of.
We have been feeling like the market has been softening this year. Now that we are past the first half of 2019, Summit County market conditions are confirming our suspicions. Or are they? We had a cold spring with ski areas open longer and fewer summer visitors than normal so maybe that has something to […]
With three months gone this year, it’s looking like Summit County is going to see a softer real estate market in 2019. In a strong seller’s market like we have been seeing, a little softening isn’t necessarily a bad thing though. The number of residential sales so far this year is declining. That decline is […]
Whoa! The average sale price in Summit County is up again! In the last 12 months that ended February 28th,2019, it’s up 10.1% over the same period one year earlier. Before you get too excited, realize that doesn’t mean every home in the county appreciated by 10.1% in the last 12 months. There’s a lot […]
The new year is starting with slowing sales and rising inventory. Don’t panic, it’s not as bad as it sounds. Summit County has a very tight real estate market. We don’t have a lot of properties on the market, especially in the lower price ranges so rising inventory is a good thing. Slow sales are […]
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