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Summit County Real Estate Stats for 2014‏

Hello all!
Happy New Year! My Big News for 2015 is that I have a new office location! My company has moved to 160 E. Adams St, Ste B-1 right next to Ember restaurant. I am now just half a block off of Main St and on the main floor. I hope you get a chance to see my new home away from home. I expect the renovations to be done and to be settled in about January 19th. I look forward to seeing you!
Total Sales for Summit County: Summit County sales are up 9% for 2014 over 2013. October was our strongest sales month, followed closely by September. Average prices for 2014 are up about 4% from the average prices of 2013. Give me a call if you want to know what is going on in your neighborhood specifically. In 2014, 44% of Summit County sales were in the Breckenridge area, and 43% of buyers are from the front range, 25% are locals, and 31% are out of state buyers.
Based on the last list price of the properties sold January through December 2014…..

  • $200,000 to $400,000 is ALWAYS the hottest part of the market with 617 properties sold.
  • $400,000 to $600,000 saw 405 solds.
  • $600,000 to $800,000 saw 218 solds.
  • $800,000 to $1,000,000 saw 103 solds.
  • $1,000,000 to $2,000,000 saw 128 solds.
  • $2,000,000 to $3,000,000 saw 23 solds.
  • And there were 6 properties that sold for over $3m, with the highest sale being $3,640,593.

One of my favorite stats to review is the number of sales per year since 2004. Our market continues to improve (anything is better than 2009).

  • 2004 —2492 solds
  • 2005 —2470 solds
  • 2006 —2495 solds
  • 2007 —2146 solds
  • 2008 —1214 solds
  • 2009 — 917 solds (ouch)
  • 2010 —1005 solds
  • 2011 —1117 solds
  • 2012 —1319 solds
  • 2013 —1527 solds
  • 2014 —1682 solds still a little slower than the period from 2004 to 2007.

Single Family Sales: The number of Single Family home sales is down 4% in 2014 over 2013. The average sales price has gone up 9% in 2014 over 2013.
Condo and Multi Family Sales: Condo/ Multi Family sales are up 16% 2014 over 2013. The average sales price has increased about 7% in 2014 over 2013. Condo/multi family is the bulk of our market, so this is a great trend!

Breckenridge Real Estate, Beaver Run Resort and Conference Center, Unit #24250, Breckenridge CO, Only $485,000!

Gorgeous 2 bedroom, 2 bathroom, in town, ski in condo for sale. This great rental property is in the Beaver Run Conference Center, and features a remodeled kitchen with granite counter tops and brand new cabinets, new furniture, flat screen TV’s, and remodeled bathrooms! 1230 square feet, close to Main St, the River Walk Center, and shopping!

Beaver Run features covered parking, shuttle service, many hot tubs, 2 heated pools, Base Nine Bar, Copper Top Bar, Spencer’s Steak House, convenience store, athletic clothing store, oxygen bar, video and game room with put-put golf, The Spa, and so much more on site! This property will keep the whole family happy!

This is the Townhouse style floor plan which sleeps 10, and has amazing views out the front and back windows! Ask for the great rental numbers. To watch the video of this special property, click HERE.

Only $485,000! Call Erika at Breckenridge Mountain Real Estate, LLC today! 970-409-9236 www.BreckenridgeMountainRE.com

By |June 3rd, 2013|Breckenridge News, Dillion News, Frisco News, Real Estate for Sale, remodeling value, Summit County News|Comments Off on Breckenridge Real Estate, Beaver Run Resort and Conference Center, Unit #24250, Breckenridge CO, Only $485,000!

Remodeling Costs Vs. Value For Sellers

REMODELING COST VS. VALUE FOR SELLERS

Eight of the top 10 projects with the highest cost vs. value ratio are exterior replacement projects.  These generally perform better because they are among the least expensive projects to complete and are non discretionary improvements that contribute to curb appeal, a strong subjective factor among home buyers.   The projects that recouped the most at resale are: Entry door replacement, garage door replacement, siding, wood deck addition, minor kitchen remodel, window replacement, attic bedroom remodel, and basement remodel.  Home office remodels and sun room additions recouped the least.    Source –CRS Magazine  2011

By |December 29th, 2011|Breckenridge News, Dillion News, Frisco News, Real Estate for Sale, remodeling value, Summit County News|Comments Off on Remodeling Costs Vs. Value For Sellers