Hello all!<\/p>\n
Strong summer sales lifted Summit County\u2019s earlier figures out of negative territory. Although inventory took time to build, it has now returned closer to normal levels. I expect the sales momentum to continue through the fall.<\/p>\n
The average PRICES in the charts below are the first 8 months of this year compared to the average price for ALL of last year.<\/p>\n
TOTAL Sales for Summit County
\nJanuary-August
\n(Over the same months last year)
\nSALES STATS
\nTotal Sales are UP 1%
\n932 Active Listings, 237 Listings are Under Contract
\nAverage Prices are UP 4%
\n34% of Buyers are Front Range, 36% are Out of State, and 30% are Locals\/Retirees
\nAverage Days on Market = 79
\n51% of Transactions were Cash in July<\/p>\n
Luxury sales over $1,500,000 are UP from 267 to 308 sales over the same months last year. <\/p>\n
Based on the last list price of the properties sold January through August 2026:
\n\u2022 $400,000 to $600,000 had 71 sales.
\n\u2022 $600,000 to $800,000 had 131 sales.
\n\u2022 $800,000 to $1,000,000 had 123 sales.
\n\u2022 $1,000,000 to $2,000,000 had 317 sales.
\n\u2022 $2,000,000 to $3,000,000 had 105 sales.
\n\u2022 $3,000,000 to $4,000,000 had 49 sales.
\n\u2022 $4,000,000 and over had 32 sales with the highest being $13,000,000.<\/p>\n
TOTAL SINGLE FAMILY SALES for Summit County January-August (Over the same months last year)
\nSALES STATS
\nTotal Sales are DOWN 4%
\nDays on Market = 70
\nAverage Prices are FLAT<\/p>\n
TOTAL CONDO SALES for Summit County January-August (Over same months last year)
\nSALES STATS
\nTotal Sales are UP 4%
\nDays on Market = 83
\nAverage Prices are UP 17%<\/p>\n
In Other Summit News:<\/p>\n
The Town of Breckenridge reports Summer Guest Nights were up 2% Year Over Year for the Summer Season. Revenue is down 1%. August bookings were down 10%, however September bookings are up 18%, and October bookings are up 25% as tourists look for off-season deals.<\/p>\n
To view my premium ad in Mountain Homes Illustrated (inside front cover), click here. As always, check out my website at www.MountainRE.com. <\/p>\n
My commitment to you is the very best service, systems, and education to make your transaction the most successful possible. It is a great time to list your property and take advantage of the strong mar\u00adket. Give me a call today for a free market analysis and let my experience work for you!<\/p>\n
If you have thought about capitalizing on the appreciation of your home, give me a call. I can give you the stats of a specific neighborhood or town. I would be happy to take a look at your specific market and see what is best for you.<\/p>\n
All my best to you and your family,<\/p>\n
Erika B. Schmidt
\nSummit County Top Producer
\nColorado RE Broker\/Owner, CRS, ABR, SRS, GRI, CNE, SFR
\nPeak Mountain Real Estate, LLC<\/p>\n
PO Box 4326, Breckenridge CO 80424
\nWebsite: www.MountainRE.com
\nE-mail: BMRE@LIVE.COM
\nCell: 970-409-9236<\/p>\n
SRS, Seller Representative Specialist
\nABR, Accredited Buyers Representative
\nCRS, Certified Residential Specialist
\nGRI, Graduate of Real Estate Institute
\nCNE, Certified Negotiating Expert
\nSFR, Short Sale and Foreclosure Resource
\nTop Producer<\/p>\n","protected":false},"excerpt":{"rendered":"
Hello all! Strong summer sales lifted Summit County\u2019s earlier figures out of negative territory. Although inventory took time to build, it has now returned closer to normal levels. I expect the sales momentum to continue through the fall. The average PRICES in the charts below are the first 8 months of this year compared to the average price for ALL of last year. TOTAL Sales for Summit County January-August (Over the same months last year) […]<\/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\/2116"}],"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=2116"}],"version-history":[{"count":2,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=\/wp\/v2\/posts\/2116\/revisions"}],"predecessor-version":[{"id":2118,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=\/wp\/v2\/posts\/2116\/revisions\/2118"}],"wp:attachment":[{"href":"http:\/\/www.mountainre.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2116"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.mountainre.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}