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No Change in Summit County’s Real Estate Story

Snowy Frisco Cabin
It’s the same old real estate story.

We’re still telling the same real estate story we were last year.  Inventory is low which is pushing prices higher, and inventory will continue to drop through the end of the year.

Low Inventory

As of November 18th we have just 355 residential properties on the market in Summit County.  That’s 11% fewer properties than the same time last year.  We had 240 residential sales in October.  At that same pace, the inventory we have on the market won’t last through the year.  Typically, sales slow around the holidays and through the first of the year and we’ll continue to have properties come on the market but our inventory will likely be in the low to mid 200s before the end of the year.  200 may sound like a lot of properties to choose from but realize, that is residential properties anywhere in the county.  From south of Breckenridge to north of Silverthorne, from Keystone to Copper and Frisco and Dillon in between.  It’s all price ranges too; studio condos to multi-million dollar homes.  To add to the scarcity, roughly half the residential properties on the market now are priced over one million dollars.  For most buyers, that fact alone takes half the inventory off the table.  For most buyers, there will be less than ten properties to choose from at any given time; even fewer as the purchase price goes lower.

Don’t Wait

The low inventory often makes buyers ask if they should wait.  If the current trend continues, next summer when we have more properties on the market, prices will be even higher.  If the property you want is out there, I suggest you act now.

The Summit Daily, our local paper, just printed a current real estate story.  Take a look at it by clicking here.

Posted in: Market Statistics Tagged: Breckenridge, Copper Mountain, Dillon, Frisco, Inventory, Keystone, Silverthorne

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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

We were most impressed with their team work and insights. We enjoy working with Jason & Meredith. We trust them and know we can count on them. This is our 6th transaction with Mountain-Living!

David from Evergreen June 16, 2022

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Brad was most impressed with Jason for his honesty. He could think of nothing that he should or could have done to make the transaction better.

Brad from KS May 3, 2022

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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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