Total Sales for Summit County: <\/b>Summit County sales are down 4.5% <\/b>for 2016 over 2015.\u00a0 September was our strongest sales month, but November had the highest sales volume. Getting appraisals in a timely manner was a challenge this selling season. Average prices for 2016 are up 6%<\/b> from the average prices of 2015. The average days on market was 80 days in 2016, down from 221 days in 2015! In 2016, 46% of Summit County sales were in the Breckenridge area. 40% of buyers are from the front range, 26% are locals (a good number of these are retirees moving to the county), and 34% are out of state buyers.<\/p>\n
Based on the last list price of the properties sold January through December 2016\u2026..
\n$200,000 to $400,000 is ALWAYS the hottest part of the market with 609 properties sold.
\n$400,000 to $600,000 saw 466 solds.
\n$600,000 to $800,000 saw 299 solds.
\n$800,000 to $1,000,000 saw 157 solds.
\n$1,000,000 to $2,000,000 saw 189 solds.
\n$2,000,000 to $3,000,000 saw 30 solds.\u00a0 There were 11 properties that sold for over $3M, including 2 that sold for over $5,000,000.<\/p>\n
One of my favorite stats to review is the number of sales per year since 2004. We have a steady market (and anything is better than 2009).
\n2004 \u20142492 solds
\n2005 \u20142470 solds
\n2006 \u20142495 solds
\n2007 \u20142146 solds
\n2008 \u20141214 solds
\n2009 \u2014 917 solds (ouch)
\n2010 \u20141005 solds
\n2011 \u20141117 solds
\n2012 \u20141319 solds
\n2013 \u20141527 solds
\n2014 \u20141685 solds
\n2015 \u20141943 solds
\n2016 \u20141857 solds\u00a0\u00a0 There has been a lack of inventory in 2016.<\/p>\n
Single Family Sales: <\/b>The number of Single Family home sales is the same<\/b> in 2016 over 2015. The average sales price has gone up<\/b> 6%<\/b> in 2016 over 2015. The average number of days on market has gone from 261 days in 2015 down to 106 days in 2016.<\/p>\n
Condo and Multi Family Sales: <\/b>Condo\/ Multi Family sales are down 5% <\/b>2016 over 2015 due to reduced inventory. The average sales price has increased 4%<\/b> in 2016 over 2015. Average days on market is down to a speedy 71 days!<\/p>\n
Land Sales: <\/b>The number of lots sold in 2016 was 133, compared to 153 sold in 2015. The average price is down 10% <\/b>in 2016 but this can easily be skewed by a big sale or two. There are not a lot of great lots left that are below 11,000 feet and are easily buildable. The average days on market was 710 days (not a typo) in 2015 but has dropped to 340 days in 2016.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Total Sales for Summit County: Summit County sales are down 4.5% for 2016 over 2015.\u00a0 September was our strongest sales month, but November had the highest sales volume. Getting appraisals in a timely manner was a challenge this selling season. Average prices for 2016 are up 6% from the average prices of 2015. The average days on market was 80 days in 2016, down from 221 days in 2015! In 2016, 46% of Summit County […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/www.mountainre.com\/index.php?rest_route=\/wp\/v2\/posts\/1547"}],"collection":[{"href":"http:\/\/www.mountainre.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.mountainre.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1547"}],"version-history":[{"count":1,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=\/wp\/v2\/posts\/1547\/revisions"}],"predecessor-version":[{"id":1548,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=\/wp\/v2\/posts\/1547\/revisions\/1548"}],"wp:attachment":[{"href":"http:\/\/www.mountainre.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1547"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}