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, […]
2015 – The Summit County Real Estate Market Year In Review
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 […]
Absorption Rate, A Worthy Statistic All By Itself.
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 […]
Summit County Real Estate Market Fast Facts
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 […]
It’s The End Of Summer But Summit County Real Estate Is Still HOT!
It’s starting to feel like Autumn around Summit County. There’s a nip in the air, the big ski sales are underway, the leaves are changing and the tourist activity is winding down. Most people would believe real estate activity is winding down too but that is not the case. Real estate sales have been hot […]
The Number Of Properties For Sale Is Climbing… And So Are Prices
As we head into summer, it is typical for the number of properties on the market to increase. The ski areas have closed, seasonal rentals are done so it’s time for those interested in selling to get their properties ready and put them on the market. This year is no different in that respect. Since […]
Fast Market Facts – Summit County Residential Real Estate
29.7% more residential properties priced at $1,000,000 or above have sold in the first four months of 2015 than in the same period in 2014. -48 vs 37- · Sales of residential properties priced at $1,000,000 or above haven’t been at this level this early in the year since 2008. -2008 had 50 sales- · Residential properties […]
Properties in Summit County are Selling Quickly!
Since the beginning of 2015 inventory levels of residential properties in Summit County have remained pretty constant. There are only 12 more properties on the market today than there were back then. But that isn’t because nothing new has come on the market. Properties are coming on every day, they are just being absorbed quickly. […]
Great January Sales in Summit County!
January Sales in Summit County are great! 85 residential, real estate sales in January made last month the best January since 2008! Quick January Stats Inventory levels continue to be low; hovering around 700 properties for sale in the entire county. Dillon only has 30 residential properties on the market now. That’s just under a two […]
Summit County Real Estate News Alert!
Inventory levels continue to decline in Summit County Buyers looking to own real estate in Summit County have been very active in the marketplace as witnessed by looking at the current inventory reduction of residential properties. The inventory of residential properties in Summit County has seen a 38% reduction of properties for sale in just […]