ResideInSummit.com Blog: Summit County Colorado Real Estate Sales Breakdown – August 2013

Summit County Colorado Real Estate Sales Breakdown – August 2013

Summit County Colorado Real Estate Sales Breakdown – August 2013

Summit County Colorado Real Estate continues to be on the upswing.  As of the end of July 2013, there have been 1,058 sales; of those, 876 were residential sales and 182 were land transactions.  This is an increase of 17.6% over the same period in 2012 when there were only 899 sales, 745 of those were residential and 154 were land sales.  Overall sales volume has also improved by 15.4% compared to 2012 with over $380 million in sales YTD in 2013 versus around $330 million for the same time period in 2012.  Below you can see the breakdown of sales so far in 2013 by area and type of property.

Summit County Colorado Real Estate Sales Breakdown - August 2013

Every year, Breckenridge Real Estate sales tend to outnumber those of other towns by nearly double.  This year is no exception with 45% of the number of transactions having occurred in Breckenridge with 346 sales.  A nearby 2nd is Silverthorne Real Estate sales with 19% of overall Summit County transactions which has totaled 146 sales.  There were 96 sales in Keystone, 88 transactions in Dillon, Frisco had 70 sales and Copper Mountain had 4% of the sales with 32 transactions.

Summit County Colorado Real Estate Sales Breakdown - August 2013

Overall sales volume had similar results to the number of transactions by town in Summit County Real Estate.  Breckenridge Real Estate took a stronger lead with 55% of the total sales volume as of July 31, 2013.  This is a very common trend in Summit County Real Estate since Breckenridge has many more properties than other town and property prices in Breckenridge Real Estate tend to be more expensive on average.

Summit County Colorado Real Estate Sales Breakdown - August 2013

In general the Summit County Colorado Real Estate market is continuing to show signs of recovery with a greater number of sales and higher sales volume so far this year compared to recent years’ data.  While the local real estate market is not booming like areas of Denver or other parts of the country, we are steadily recovering.  For additional information about the Summit County Real Estate market, specific town data or to discuss viewing properties in person, contact Justin and Krystal Knott with LIV Sotheby’s International Realty.  Call us to discuss your individual search at 970.333.9050 or you can search the entire Summit County MLS with us online.  With over 14 years of combined full time experience as Summit County Realtor’s, let us put our knowledge to work for you, we can’t wait to hear from you.

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Justin & Krystal Knott

LIV Sotheby's International Realty

877.333.9050 Toll Free
970.333.9050 Justin's cell
970.333.0116 Krystal's cell

Knott@SothebysRealty.com

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Breckenridge Real Estate - Keystone Real Estate - Frisco Real Estate - Copper Mountain Real Estate - Silverthorne Real Estate - Dillon Real Estate

Comment balloon 1 commentJustin & Krystal Knott • August 23 2013 09:00AM

Comments

Hi Krystal - Great market report - it's all there, and it's so nice to see Summit County coming back strong.

Posted by Dick Greenberg, Northern Colorado Residential Real Estate (New Paradigm Partners LLC) almost 5 years ago

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