Single Family Homes: The number of sales are up 21% over 2011s and down 25% from the peak number of homes sold in 2006. Prices are up for average sold price by about 5% over 2011s and almost right on the average for 2006 (off by just 3%).
Condominiums: The number of sales are up 15% over 2011s and down 56% from the peak number of condos sold in 2005. Prices are down county wide except for Silverthorne and Copper Mountain. The average sold price is also in line with 2006 (off by just 5%).
Vacant Land: The number of sales are up 62% over 2011s and down 73% from the peak number of lots sold in 2005. Price are up largely due to a substantial increase in higher end vacant land sales in the near and over $1,000,000 price range resulting in a 35% improvement! Even with that kind of improvement the vacant land sales are in line with 2006 too (off by only 6%).
Source: SAR Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. * The information contained herein is based on information provided by others. Accordingly, we make no guarantee of its accuracy and suggest you make an independent inquiry of any matters you regard as important.
Posted by: Editor