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Frisco, CO real estate sales in 2021

Rocket heading to the sky like Frisco CO real estate sales in 2021

We are a few months into 2021, a new year and perhaps a new reality for a lot of people hard hit by 2020’s pandemic. With the change of the calendar, unfortunately the world didn’t change overnight. It’s taken some time but we are starting to see a shift. Mass vaccines are underway, restrictions are loosening, more schools are in session; change is happening. However, we are not seeing any change in Frisco, CO real estate sales or in real estate anywhere in Summit County. Residential sales are strong so far this year; up from sales one year ago by 30%. 2021 seems to be more of the same seller’s market we saw in 2020.

January & February sales

Residential sales in January & February this year beat sales in January & February 2020 by 52 sales, or 30%. That’s pretty incredible considering we have been hovering around 150 properties for sale in the whole county. Inventory is down 71.3% when compared to the same time last year. The few properties we have for sale are going very quickly. Often times they are receiving multiple offers and a final sales prices exceeding the price they were listed for.

Real estate prices soar

All the demand for Frisco real estate, and other locations around the county, is skyrocketing prices. The average sale price has gone up 11.7% in the last year. We are seeing a significant increase in sales over $2,000,000 with double the sales this February compared to last February. That alone is helping to push the average price higher. The majority of the residential sales in the county are still happening between $400,000 and $1,000,000; making up approximately 50% of the total sales.

Frisco’s average residential sale price jumped 11% to $838,226. Dillon is currently the area with the lowest average sale price at $621,316. Breckenridge holds the number one spot in the county with an average residential price of $1,194,415. Year over year increases of 11.3% and 8.4% respectively.

Cash real estate sales

Cash sales remain pretty consistent despite super low interest rates. One reason for that may be because the market is so competitive. Some buyers are choosing to pay cash when they can in order to have a better looking offer and secure the property. Cash isn’t always king but it does help in most cases.

Frisco CO real estate sales stay strong

As we get through March, April & May, our number of sales will soar over last year. We will be competing against last year’s lock down. Odds are sales will still be strong, even as compared against a normal year. Summer is our typical buying season in Summit County. This year isn’t expected to be any different as far as real estate goes. Events and festivals are another story. Those will likely be put on hold another year. However, we are hopeful other, smaller gatherings will be making a comeback. We are certainly looking forward to it.

Posted in: Market Statistics Tagged: Average Sale Price, Breckenridge, Dillon, Frisco, Inventory, Residential

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About Us

Mountain Living Real Estate, a.k.a. The Mountain Living Team, is a family owned, second generation, real estate company that has been helping buyers and sellers in Summit County since the early 90’s.  Mountain Living Real Estate is committed to going above and beyond to ensure their clients have the most amazing real estate experience possible.  Jason & Meredith take a personal approach to educate their clients, empowering them to make high quality decisions no matter the situation.  They take exceptional care throughout the sales process and beyond; striving to make each client’s path in Summit County one filled with fun, excitement & great memories.

Work with Mountain Living Real Estate and you’ll understand why so many people say, “We Love Mountain Living!”

Testimonials

Jason used amazing strategy for pricing, selling and acquisition of our next property. In this market this strategy is critical for success – especially with the buying process. Summit County real estate is a challenging market. We have bought and sold two properties and just bought our third. Jason and Meredith have been there for Continue Reading

Ben from Centennial February 2, 2022

You were very knowledgeable and supportive during this transaction. I was most impressed with your calmness and smart decision making during a chaotic process. Thank you again for your calmness during all of this.

Barbara from Centennial January 24, 2022

home in Breckenridge

We were very impressed with your professional skills, timely communication, and excellent listening skills. We felt you cared about us and our success.

Frederick from Colorado January 24, 2022

Living room in Dillon condo

(I was most impressed that they) Kept us informed through it all and helped navigate the things that needed to get down in a timely fashion. Also really appreciated help getting people to do some of the things done around the house.

Kate from Ft Collins November 4, 2021

House in Hamilton Creek

You guys did an exceptional job for us and went the “second mile” in many ways. We were most impressed with Pro-active and involved interaction with us and everyone in the process. Your team was exceptional. Recommended many things for us to do, and then helped us do them. Followed up,, checked in, and helped Continue Reading

Warren & Sue from TX August 12, 2021

Treehouse condo

Over the years we have bought and sold over 30 pieces of property and this was one of the most efficient and painless processes. Service and attention was A-perfect!

Jack from FL August 9, 2021

Gateway condo in Keystone

I very much enjoyed working with both Meredith and Jason, they really focused on our needs and questions. Their knowledge of the Summit County Area was worth its weight in Gold. Thank you guys!

Glen from GA July 27, 2021

sale of house

We were most impressed with your good judgement and advice on everything. Thank you for navigating us through the sale of our house.

David & Cecile from Boulder July 14, 2021

Copper Mountain Ski Resort

Great service- more forward leaning than previous realtors Most impressed with follow up, knowledge of local market, going the extra mile on document review and getting HOA questions answered. Good advice on price point, patience, and negotiations. Understandably you aren’t always available to look at properties, but in the crazy COIVD market there was one Continue Reading

Holly from Colorado Springs June 14, 2021

Most impressed with the dedication to getting the best deal for us! Exceptional service, skilled negotiators, truly worthy! I wouldn’t consider hiring anyone else. Thank you Meredith and Jason.

Lloyd from Salida June 4, 2021

Contact Us


Jason and Meredith Adams

Jason & Meredith Adams
Mountain Living Real Estate

101 Main St, #109, PO Box 4115 Frisco, CO 80443

(888) 666-0844
team@mountain-living.com

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Jason & Meredith Adams are both licensed to sell real estate in the state of Colorado

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