The resort market is on track for a third year of positive sales growth in a row! Summit County is currently 13% ahead of 2011 for sold properties and even more ahead for pending properties. In fact, the past 5 weeks have been some of the best five weeks in years!
Single Family Home sales are up 21% in Summit County with average sold prices up 5.6% countywide. Local resort towns Breckenridge, Frisco, Silverthorne, and Dillon are witnessing gains in average sold prices. Keystone is currently down in average sold price by 7.6% and yet Keystone is up 38% in the number of homes sold. 2012 has been and is still very strong for home sales.
Condominium sales are flat – virtually the same as last year with their average sold price down countywide by -7%. Yet Silverthorne, Dillon and Copper Mountain are seeing their average condo sold price improve this year. While the number of condo sales is down in all areas except for Keystone and Copper Mountain.
Sales are up, Pending Sales are up even more and of the pending sales there are more than twice as many condos under contract as homes getting ready to close and offset the current condo market in the positive direction. It is a great time and our pre-ski-season activity is very strong.
Source: Summit Association of Realtors’ MLS Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. Summit County consists of various Colorado resort towns such as; Breckenridge, Frisco, Copper Mountain, Keystone, Silverthorne including Wildernest and Dillon. * 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.