Total Sales for Summit County: <\/b>Summit County sales are up 6% <\/b>for 2017 over 2016.\u00a0 October was our strongest sales month, followed by August. Average prices for 2017 are up 17%<\/b> from the average prices of 2016. The average days on market was 62 days in 2017, down from 81 days in 2016. In 2017, 37% of Summit County sales were in the Breckenridge area. 46% of buyers are from the front range, 22% are locals (a good number of these are retirees moving to the county), and 32% are out of state buyers. 32% of all sales were cash transactions.<\/p>\n
Based on the last list price of the properties sold January through December 2017\u2026..
\n$200,000 to $400,000 is ALWAYS the hottest part of the market with 518 properties sold.
\n$400,000 to $600,000 saw 469 solds.
\n$600,000 to $800,000 saw 362 solds.
\n$800,000 to $1,000,000 saw 217 solds.
\n$1,000,000 to $2,000,000 saw 263 solds.
\n$2,000,000 to $3,000,000 saw 60 solds.
\nThere were 14 properties that sold for over $3M, including 4 that sold for over $4M, 1 that sold for over $5M, and 1 that sold for over $6M.<\/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). \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
\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 was a lack of inventory in 2016.
\n2017 \u20141984 solds\u00a0\u00a0 This is the highest number of sold properties since 2007.<\/b><\/p>\n
Single Family Sales: <\/b>The number of Single Family home sales is up 13%<\/b> in 2017 over 2016. The average sales price has gone up<\/b> 15%<\/b> in 2017 over 2016. The average number of days on market has gone from 261 days in 2015, to 106 days in 2016, and now 96 days in 2017.<\/p>\n
Condo and Multi Family Sales: <\/b>Condo\/ Multi Family sales are up 3.5% <\/b>2017 over 2016. The average sales price has increased 15%<\/b> in 2017 over 2016. Average days on market was 71 days in 2016 and is down to 48 days in 2017.<\/p>\n
Land Sales: <\/b>The number of lots sold in 2017 was 184, compared to 133 sold in 2016. Many of these sales were in Silverthorne. The average price is down 6% <\/b>in 2017. 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, 340 days in 2016, and 273 days in 2017.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Total Sales for Summit County: Summit County sales are up 6% for 2017 over 2016.\u00a0 October was our strongest sales month, followed by August. Average prices for 2017 are up 17% from the average prices of 2016. The average days on market was 62 days in 2017, down from 81 days in 2016. In 2017, 37% of Summit County sales were in the Breckenridge area. 46% of buyers are from the front range, 22% are […]<\/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\/1559"}],"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=1559"}],"version-history":[{"count":4,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=\/wp\/v2\/posts\/1559\/revisions"}],"predecessor-version":[{"id":1563,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=\/wp\/v2\/posts\/1559\/revisions\/1563"}],"wp:attachment":[{"href":"http:\/\/www.mountainre.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1559"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}