Your Source for Summit County Real Estate
With the low inventory levels in the real estate market buyers are looking outside their initial target area in order to have more to choose from. That means the area that they have been following during their search may not be where they end up looking and/or buying. As a result, they can be less […]
Real estate, like most commodities, is a supply and demand market. Low supply and high demand create a tight market. High supply and low demand create a saturated market. During a saturated market, there are an abundance of properties. That abundance gives buyers their pick of properties and makes sellers compete to get one of the […]
We currently sit at 404 residential properties in the entire county for sale. Of those 404, 213 are priced over one million dollars. Of the 203 Summit County residential properties that sold in October only 25 were priced over one million dollars. That means 178 people spending under one million dollars in just one month. […]
Lawrence Yun, Chief Economist and Senior Vice President of Research at the National Association of Realtors (NAR), stopped by Silverthorne recently to give us an economic update. This was my first time hearing him speak and I was quite impressed. In about an hour he gave us a good understanding of the current economic conditions relating to […]
How does today’s market compare with the market one year ago? Currently Dillon, Frisco and Silverthorne have the tightest real estate markets. Highlighted in pink as an Extreme Seller’s Market there is less than 2.4 months of inventory. The orange highlights are still a Seller’s Market, just not as tight with a 2.4-5.4 months supply. Keystone and Breckenridge are currently in a […]
You have probably heard that inventory levels are down in Summit County. We only have enough properties for sale to get us through the next 3 months. Of course, more properties will come on the market and carry us into the summer and fall months, our selling season. However, choices will be tight and competition may […]
2015 was a year of significant improvement in the Copper Mountain real estate market. Copper started the year in an extreme buyer’s market but thanks to a great summer and fall, ended the year in a balanced market. Sales numbers were up 29.7% over 2014. Median sale price increased as did the list to sales price ratio, […]
The Summit County real estate market has been plugging along in an upward trend since 2009. That continued through 2015 but with a little more gusto than previous years. Double digit sales increases continued in 2015 with a 13.3% bump pushing us to more than double the sales that happened in 2009. While the sales […]
If you are interested in buying real estate in Summit County you may start looking at market statistics to get a feel for the state of the market. Those market statistics may not mean much until they are put into the perspective of the Summit County market. If you hear that there are 1000 properties for […]
Residential sales in Frisco this year will wind up being approximately equivalent to the number of sales in 2006 and just below 2007 numbers. The current median sale price is Frisco is 25% higher than the recent low experienced in 2010 & 2011. Frisco’s median sale price is the highest we have seen in the last 10 […]
101 Main St, #109, PO Box 4115 Frisco, CO 80443
