Breckenridge and Summit County Real Estate Trends

Dec. 23, 2017

November 2017 Market Analysis

  • Market Analysis by Area for November 2017: There were a total of 230 transactions and $151,871,354 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $663,600, average residential price was $694,513 and average residential PPSF was $451.
  • Year to Date Market Analysis (11 months): Monetary volume in YTD 2017 totaled $1,506,142,622 with 2377 transactions: $646,352 average transaction price, $679,530 average residential price and average residential PPSF $430. 
  • Market Snapshot for Years 2017 vs 2016:  Average Indicators for $: Single Family +16%, Multi- Family +15% and Vacant Land -5%. Median Indicators for Single Family +17%, Multi- Family +16% and Vacant Land -9%.
  • Market Analysis % Change YTD 2017: Monetary volume ($151,871,354) in November 2017 was down 18% from November 2016. Transactions (230) also down 14% from November 2016.  YTD 2017, monetary volume is up by 17% and transactions are up 4% compared to YTD 2016. 
  • Residential Market Sales by Price Point: Residential volume in November had 200 transactions with $138,902,688 gross volume. There were 24 properties that sold for $1M and above in November. The most active price points were between $300K-$400K with 37 transactions. There were 64 Single Family, 136 Multi-Family and 17 Vacant Land transactions in November.
  • Average Price History by Type 2017: Average price for residential Single Family: $1,084,991, Multi- Family: $470,841 and Vacant Land: $335,949.
  • Comparative Historical Cost Analysis 2017 YTD: There were 2010 residential transactions and $1,365,855,333 gross $ volume with 311 properties selling for $1M and over-compared to 2016, there were 1921 transactions and $1,098,827,441 gross $ volume, 203 properties at $1M and over.  In 2015, there were 1870 transactions with $1,027,115,318 gross $ volume,182 properties at $1M and over. 
  • Top Lender Graph: There were 458 loans in November, 68% (157) of the loans were related to sales, there were 149 REFI's and 152 loans were timeshare related. 32% of the real estate closings were cash transactions.
  • Market Highlights: Please see page 10 of the Market Analysis- You can note the higher priced sale in November on French Street in Breckenridge. Also, a Crystal Peak Lodge property was the highest PPSF at $904. There were no bank sales in November. 
  • Foreclosures: Actions were down with 2 in November, compared to 6 in November 2016. There have been a total of 43 Foreclosure actions YTD.
  • Purchaser Profile Abstract:  There were 27 upper end sales in November. Our buyers for real estate transactions in November were Front Range demographic at 43% of our market, 29% are "local" and 28% are out of state buyers with 0% International. 
  • Land Title New Development Summary: This (page 16) shows all the new construction each month, there were 22 in November compared to 33 in October. 

Land Title Guarantee Company November 2017 Market Analysis

Dec. 23, 2017

October 2017 Market Analysis

  • Market Analysis by Area for October 2017: The month of October had was busy! There were a total of 332 transactions, and $213,311,500 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $666,636, average residential price was $690,970 and average residential PPSF was $441.
  • Year to Date Market Analysis ( 10 months): Monetary volume in YTD 2017 totaled $1,354,271,268 with 2147 transactions: $644,455 average transaction price, $677,874 average residential price and average residential PPSF $427. 
  • Market Snapshot for Years 2017 vs 2016:  Average Indicators for $: Single Family +16%, Multi- Family +13% and Vacant Land -3%. Median Indicators for Single Family +18%, Multi- Family +13% and Vacant Land -9%.
  • Market Analysis % Change YTD 2017: Monetary volume ($213,311,500) in October 2017 was up 43% from October 2016. Transactions (322) were up 22% from October 2016.  YTD 2017, monetary volume is up by 23% and transactions are up 7% compared to YTD 2016. 
  • Residential Market Sales by Price Point: Residential volume in October had 291 transactions with $201,072,200 gross volume. There were 43 properties that sold for $1M and above in October. The most active price points were between $400K-$500K with 49 transactions. There were a higher number of transactions (21) that fell between the prices of $1M to $1.5M in October. There were 92 Single Family, 199 Multi-Family and 19 Vacant Land transactions in October.
  • Average Price History by Type 2017: Average price for residential Single Family: $1,087,922, Multi- Family: $464,760 and Vacant Land: $344,447.
  • Comparative Historical Cost Analysis 2017 YTD: There were 1810 residential transactions and $1,226,952,645 gross $ volume with 287 properties selling for $1M and over-compared to 2016, there were 1692 transactions and $964,853,906 gross $ volume, 175 properties at $1M and over.  In 2015, there were 1691 transactions with $926,899,418 gross $ volume, 164 properties at $1M and over. 
  • Top Lender Graph: There were 595 loans in October 68% (218) of the loans were related to sales, there were 143 REFI's and 234 loans were timeshare related. 32% of the real estate closings were cash transactions.
  • Market Highlights: Please see page 10 of the Market Analysis- You can note the higher priced sale in October in the Shock Hill subdivision. Also, a Shock Hill property was the highest PPSF at $967. There were no bank sales in October. 
  • Foreclosures: Actions were down with 3 in October, compared to 4 in October 2016. There have been a total of 41 Foreclosure actions YTD.
  • Purchaser Profile Abstract:  There were 46 upper end sales in October. Our buyers for real estate transactions in October were approximately Front Range demographic at 46% of our market, 22% are "local" and 32% are out of state buyers with 1% International. 
  • Land Title New Development Summary: This (page 16) shows all the new construction each month, there were 33 in October compared to 23 in September. Rivers Edge Condos and Summit Sky Ranch units continued to close in October. 


Land Title Guarantee Company October 2017 Market Analysis

Posted in Market Highlights
Dec. 23, 2017

September 2017 Market Analysis


Market Analysis by Area for September 2017: The month of September had  248 transactions and $159,591,700 in monetary volume. Some trends for all 18 reported areas in September: $ 650,766 Average transaction price, $689,157 Average residential price and $415 PPSF.

  • Year to Date Market Analysis ( 9 months): Monetary volume in 2017 totaled $1,140,959,768 with 1825 transactions. $640,415 Average transaction price, $675,366 Average residential price and $425 PPSF. 
  • Market Snapshot for Years 2017 vs 2016:  Average Indicators for $: Single Family +15%, Multi- Family +13% and Vacant Land -2%. Median Indicators for Single Family +18%, Multi- Family +11% and Vacant Land -10%.
  • Market Analysis % Change YTD 2017: Monetary volume ($159,591,700) in September 2017 was down 8% from September 2016. Transactions (248) were down 16% to September 2016.  YTD 2017, monetary volume is up by 20% and transactions are up 4% compared to YTD 2016. 
  • Residential Market Sales by Price Point: Residential volume in September had 206 transactions with $141,966,400 gross volume. There were 36 properties that sold for $1M and above in September. The most active price points were between $300K-$400K with 30 transactions. There were quite a few transactions (28) that fell between the prices of $1M to $1.5M in September. There were 88 Single Family, 118 Multi-Family and 21 Vacant Land transactions in September.
  • Average Price History by Type 2017: Average price for residential Single Family: $1,072,346, Multi- Family: $464,470 and Vacant Land: $345,652.
  • Comparative Historical Cost Analysis 2017 YTD: There were 1519 residential transactions and $1,025,880,445 gross $ volume with 244 properties selling for $1M and over-compared to 2016, there were 1463 transactions and $832,677,478 gross $ volume, 150 properties at $1M and over.  In 2015, there were 1438 transactions with $784,072,868 gross $ volume, 140 properties at $1M and over. 
  • Top Lender Graph: There were 547 loans in September, 64% (158) of the loans were related to sales, there were 108 REFI's and 281 loans were timeshare related. 36% of the real estate closings were cash transactions.
  • Market Highlights: Please see page 10 of the Market Analysis- You can note the higher priced sale in September in the Columbia Lode subdivision. A Crystal Peak Lodge Condo topped out the highest PPSF at $918. There were no bank sales in September. 
  • Foreclosures: Actions were flat with only 3 actions in September, similar to August 2017.
  • Purchaser Profile Abstract:  There were 38 upper end sales in September. Our buyers for real estate transactions in September were approximately Front Range demographic at 42% of our market, 22% are "local" and 36% are out of state buyers with 0% International. 
  • Land Title New Development Summary: This (page 16) shows all the new construction each month, Summit Sky Ranch had 14 closings in September and there were a total of 23 new Residential units closed in September.

Land Title Guarantee Company September 2017 Market Analysis

2017 3rd Quarter Summit County Commercial Transactions

Posted in Market Updates
Dec. 23, 2017

August 2017 Market Analysis

  • Market Analysis by Area for August 2017: The month of August was Summit's best month so far in 2017! There were 272 transactions and $170,248,375 in monetary volume. Some trends for all 18 reported areas in August: $ 632,245 Average transaction price, $679,419 Average residential price and $424 PPSF.
  • Year to Date Market Analysis (8 months): Monetary volume in 2017 totaled $981,368,068 with 1577 transactions. $638,758 Average transaction price, $673,202 Average residential price and $426 PPSF. 
  • Market Snapshot for Years 2017 vs 2016:  Average Indicators for $: Single Family +17%, Multi- Family +12% and Vacant Land 0%. Median Indicators for $: Single Family +22%, Multi- Family +10% and Vacant Land -9%.
  • Market Analysis % Change YTD 2017: Monetary volume ($170,248,375) in August 2017 was 22% higher than August 2016. Transactions (272) were down 4% to August 2016.  YTD 2017, monetary volume is up by 26% and transactions are up 8% compared to YTD 2016. 
  • Residential Market Sales by Price Point: Residential volume in August had 231 transactions with $ 156,945,700 gross volume. There were 38 properties that sold for $1M and above in August. The most active price points were between $300K-$500K with transactions. There were 78 Single Family, 153 Multi-Family and 20 Vacant Land transactions in August.
  • Average Price History by Type 2017: Average price for residential Single Family: $1,096,406, Multi- Family: $460,631 and Vacant Land: $354,151.
  • Comparative Historical Cost Analysis 2017 YTD: There were 1313 residential transactions and $883,914,045 gross $ volume with 208 properties selling for $1M and over-compared to 2016, there were 1220 transactions and $683,932,493 gross $ volume, 121 properties at $1M and over.  In 2015, there were 1184 transactions with $641,544,640 gross $ volume, 110 properties at $1M and over. 
  • Top Lender Graph: There were 478 loans in August, 63% (171) of the loans were related to sales, there were 129 REFI's and 178 loans were timeshare related. 37% of the real estate closings were cash transactions.
  • Market Highlights: Please see page 10 of the Market Analysis- You can note the higher priced sale in August in the Shock Hill subdivision. A Liftside Condo topped out the highest PPSF at $939. There were no bank sales in August. 
  • Foreclosures: Actions were a bit up with 4 in August 2017 compared to 2 in August 2016. There have been 35 Foreclosure actions filed YTD.
  • Purchaser Profile Abstract:  There were 40 upper end sales in August compared to 29 in July. Our buyers for real estate transactions in August were approximately Front Range demographic at 42% of our market, 25% are "local" and 33% are out of state buyers with 0% International. 
  • Land Title New Development Summary: This (page 16) shows all the new construction each month, Summit Sky Ranch started closing in August with 6, and there were a total of 15, same as July. 


Land Title Guarantee Company August 2017 Market Analysis

Posted in Market Updates
Dec. 23, 2017

July 2017 Market Analysis


  • Market Analysis by Area for July 2017: There were 253 transactions and $147,927,102 in monetary volume. Some trends for all 18 reported areas in July: $606,708, Average transaction price, $634,571, Average residential price and $422-PPSF.
  • Year to Date Market Analysis (7 months): Monetary volume in 2017 totaled $811,119,693 with 1305 transactions. $640,156- Average transaction price, $671,875-Average residential price and $427-PPSF. 
  • Market Snapshot for Years 2017 vs 2016:  Average Indicators for $: Single Family +18%, Multi- Family +12% and Vacant Land +7%. Median Indicators for $: Single Family +17%, Multi- Family +9% and Vacant Land -8%.
  • Market Analysis % Change YTD 2017: Monetary volume ($147,927,102) in July 2017 was 41% higher than July 2016. Transactions (253) were up 18% to July 2016.  YTD 2017, monetary volume is up by 27% and transactions are up 11% compared to YTD 2016. 
  • Residential Market Sales by Price Point: Residential volume in July had 211 transactions with $133,894,442 gross volume. There were 26 properties that sold for $1M and above in July. The most active price points were between $300K-400K with 41 transactions. There were 66 Single Family, 145 Multi-Family and 17 Vacant Land transactions in July.
  • Average Price History by Type 2017: Average price for residential Single Family: $1,098,773, Multi- Family: $458,129 and Vacant Land: $377,714.
  • Comparative Historical Cost Analysis 2017 YTD: There were 1082 residential transactions and $726,968,345 gross $ volume with 170 properties selling for a $1M and over-compared to 2016, there were 992 transactions and $558,162,218 gross $ volume, 99 properties at $1M and over.  In 2015, there were 959 transactions with $519,352,800 gross $ volume, 89 properties at $1M and over. 
  • Top Lender Graph: There were 469 loans in July, 63% (159) of the loans were related to sales, there were 127 REFI's and 183 loans were timeshare related. 37% of the real estate closings were cash transactions. 
  • Market Highlights: Please see page 10 of the Market Analysis- You can note the higher priced sale in July in the Shock Hill area. An Estates at Snowy Point topped out the highest PPSF at $835. There were no bank sales in July. 
  • Foreclosures: Actions were down with 5 in July 2017 compared to 7 in July 2016.
  • Purchaser Profile Abstract:  There were 29 upper end sales in July compared to 19 in June. Our buyers for real estate transactions in July  were approximately Front Range demographic at 39% of our market, 31% are "local" and 30% are out of state buyers with 0% International. 
  • Land Title New Development Summary: This (page 16) shows all the new construction each month with 15 in July.

Land Title Guarantee Company July 2017 Market Analysis

Posted in Market Updates
May 26, 2017

April 2017 Market Analysis



  • Market Analysis by Area for April 2017: There were 189 transactions and $114,226,938 in monetary volume. Some trends for all 18 reported areas in April: $618,443- Average transaction price, $651,114- Average residential price and $421-PPSF.
  • Year to Date Market Analysis (4 months): Monetary volume in 2017 totaled $400,422,612 with 621 transactions. $665,173-Average transaction price, $687,676-Average residential price and $422-PPSF. 
  • Market Snapshot for Years 2017 vs 2016:  Average Indicators for $: Single Family +22%, Multi- Family +12% and Vacant Land +8%. Median Indicators for $: Single Family +30%, Multi- Family +10% and Vacant Land +8%.
  • Market Analysis % Change YTD 2017: Monetary volume ($114,226,938) in April 2017 was 28% higher than April 2016. Transactions (189) were also up at 22% from April 2016.  YTD 2017, monetary volume is up by 31% and transactions are up 15% compared to YTD 2016. 
  • Residential Market Sales by Price Point: Residential volume in April had 162 transactions with $105,480,438 gross volume. There were 25 properties that sold for $1M and above in April. The most active price point was between $300K-400K with 28 transactions. There were 55 Single Family, 107 Multi-Family and 11 Vacant Land transactions in April.
  • Average Price History by Type 2017: Average price for residential Single Family: $1,141,417, Multi- Family: $458,136 and Vacant Land: $383,469.
  • Comparative Historical Cost Analysis 2017 YTD: There were 512 residential transactions and $352,089,998 gross $ volume with 95 properties selling for a $1M and over-compared to 2016, there were 459 transactions and $268,033,677 $ gross volume, 46 properties at $1M and over.  In 2015, there were 423 transactions with $232,945,600 $ gross volume, 43 properties at $1M and over. 
  • Top Lender Graph: There were 416 loans in April, 64% (189) of the loans were related to sales, there were 110 REFI's and 185 loans were timeshare related. 36% of the real estate closings were cash transactions. 
  • Market Highlights: Please see page 10 of the Market Analysis- You can note the higher priced sale in April in the Highlands/Braddock Hill area, Water House topped out the highest PPSF at $845.76. There were 2 bank sales in April.
  • Foreclosures: There were 5 foreclosure actions in April.
  • Purchaser Profile Abstract:  There were 25 upper end sales in April compared to 38 in March. Our buyers for real estate transactions in April were the Front Range demographic at 45% of our market, 21% are "local" and 34% are out of state buyers with 0% International. 
  • Land Title New Development Summary: This (page 16) shows all the new construction each month with 12 in April compared to 20 in March.

Land Title Guarantee Company April 2017 Market Analysis

 

May 26, 2017

March 2017 Market Analysis


  • Market Analysis by Area for March 2017: There were 178 transactions and $123,142,000 in monetary volume. Some trends for all 18 reported areas in March: $713,812- Average transaction price, $753,769- Average residential price and $418-PPSF.
  • Year to Date Market Analysis (3 months): Monetary volume in 2017 totaled $286,195,674 with 432 transactions. $666,373-Average transaction price, $704,599-Average residential price and $423-PPSF. 
  • Market Snapshot for Years 2017 vs 2016:  Average Indicators for $: Single Family +30%, Multi- Family +10% and Vacant Land +14%. Median Indicators for $: Single Family +45%, Multi- Family +7% and Vacant Land +16%.
  • Market Analysis % Change YTD 2017: Monetary volume ($123,142,000) in March 2017 was 43% higher than March 2016. Transactions were also up at 31% from March 2016.  YTD 2017, monetary volume is up by 32% and transactions are up 12% compared to YTD 2016. 
  • Residential Market Sales by Price Point: Residential volume in March had 137 transactions with $103,266,300 gross volume. There were 33 properties that sold for $1M and above in March. The most active price point was between $300K-400K with 22 transactions. There were 46 Single Family, 91 Multi-Family and 13 Vacant Land transactions in March.
  • Average Price History by Type 2017: Average price for residential Single Family: $1,213,507, Multi- Family: $449,052 and Vacant Land: $403,524.
  • Comparative Historical Cost Analysis 2017 YTD: There were 350 residential transactions and $246,609,560 gross $ volume with 70 properties selling for a $1M and over-compared to 2016, there were 323 transactions and $189,216,250 $ gross volume, 33 properties at $1M and over.  In 2015, there were 298 transactions with $159,956,800 $ gross volume, 28 properties at $1M and over. 
  • Top Lender Graph: There were 532 loans in March, 63% (113) of the loans were related to sales, there were 133 REFI's and 286 loans were timeshare related. 37% of the real estate closings were cash transactions. 
  • Market Highlights: Please see page 10 of the Market Analysis- You can note the higher priced sale in March in the Sunrise Point area, One Ski Hill place topped out the highest PPSF at $1,327. There were no bank sales in March.
  • Foreclosures: There were 7 Foreclosure actions in March, 4 of those being timeshares.
  • Purchaser Profile Abstract:  There were 38 upper end purchasers in March compared to 17 in February. Our buyers for real estate transactions in March were the Front Range demographic at 40% of our market, 29% are "local" and 30% are out of state buyers with barely 1% International. 
  • Land Title New Development Summary: This (page 16) shows all the new construction each month with 20 in March compared to12 in February.

Land Title Guarantee Company March 2017 Market Analysis

May 16, 2017

February 2017 Market Analysis


 

  • Market Analysis by Area for February 2017: There were 116 transactions and $71,152,600 in monetary volume. Some trends for all 18 reported areas in February: $644,610- Average transaction price, $642,609- Average residential price and $408-PPSF.
  • Year to Date Market Analysis (2 months): Monetary volume in 2017 totaled $163,053,674 with 254 transactions. $666,373-Average transaction price, $672,973-Average residential price and $426-PPSF. 
  • Market Snapshot for Years 2017 vs 2016:  Average Indicators for $: Single Family +24%, Multi- Family +5% and Vacant Land +2%. Median Indicators for $: Single Family +16%, Multi- Family +5% and Vacant Land +3%.
  • Market Analysis % Change YTD 2017: Monetary volume ($71,152,600) in February 2017 was 6% higher at than February 2016. Transactions were down 8% from February 2016 due do the inventory supply. YTD 2017, monetary volume is up by 25% and transactions are up 2% compared to YTD 2016. 
  • Residential Market Sales by Price Point: Residential volume in February had 100 transactions with $64,260,900 gross volume. There were 14 properties that sold for $1M and above in February. The most active price point was between $200K-300K with 23 transactions. There were 30 Single Family, 70 Multi-Family and 5 Vacant Land transactions in February.
  • Average Price History by Type 2017: Average price for residential Single Family: $1,154,877, Multi- Family: $432,021 and Vacant Land: $360,583.
  • Comparative Historical Cost Analysis 2017: There were 213 residential transactions and $143,343,260 gross $ volume with 37 properties selling for a $1M and over-compared to 2016, there were 209 transactions and $114,550,350 $ gross volume, 19 properties at $1M and over.  In 2015, there were 187 transactions with $99,488,300 $ gross volume, 15 properties at $1M and over. 
  • Top Lender Graph: There were 400 loans in February, 63% (73) of the loans were related to sales, there were 138 REFI's and 189 loans were timeshare related. 37% of the real estate closings were cash transactions. 
  • Market Highlights: Please see page 10 of the Market Analysis- You can note the higher priced sale in February in the Timber Trail area, One Ski Hill place topped out the highest PPSF at $1,299. There were no bank sales in February.
  • Foreclosures: There were 5 Foreclosure actions in February.
  • Purchaser Profile Abstract:  There were 17 upper end purchasers in February compared to 25 in January. Our buyers for real estate transactions in February were the Front Range demographic at 45% of our market, 29% are "local" and 25% are out of state buyers with barely 1% International. 
  • Land Title New Development Summary: This (page 16) shows all the new construction each month with 13 in February compared to 11 in January.

Land Title Guarantee Company February 2017 Market Analysis

Posted in Market Updates
March 8, 2017

January 2017 Market Analysis

 

  • Market Analysis by Area for January 2017: There were 203 transactions and $122,880,919 in monetary volume. Some trends for all 18 reported areas in December: $621,604- Average transaction price, $670,122- Average residential price and $397-PPSF.
  • Market Snapshot for Years 2017 vs 2016:  Average Indicators for $: Single Family +22% Multi- Family +10% and Vacant Land -15%. Median Indicators for $: Single Family +16%, Multi- Family 9% and Vacant Land -8%.
  • Market Analysis % Change YTD 2017 : Monetary volume ($91,901,074) in January 2017 was substantially higher at 45% compared to January 2016. Transactions (138) were only up by 11%. 
  • Residential Market Sales by Price Point: Residential volume in January had 113 transactions with $79,082,360 gross volume. There were 23 properties that sold for $1M and above in January. The most active price point was up a bit between $300K-400K with 19 transactions. There were 41 Single Family,72 Multi-Family and 7 Vacant Land transactions in January.
  • Average Price History by Type 2017: Average price for residential Single Family: $1.139,945 ( another milestone for the highest since Land Title has been tracking), Multi- Family: $449,231 and Vacant Land: $299,714.
  • Comparative Historical Cost Analysis 2017: There were again 113 residential transactions and $79,082,360 gross $ volume with 23 properties selling for a $1M and over-compared to 2016, there were 104 transactions and $55,534,150  $ gross volume, 9 properties at $1M and over and in 2015, there were 98 transactions with $56,210,600  $ gross volume, 12 properties at $1M and over. 
  • Top Lender Graph: There were 452 loans in January, 70% (96) of the loans were related to sales, there were 152 REFI's and 204 loans were timeshare related. 30% of the real estate closings were cash transactions. 
  • Market Highlights: Please see page 10 of the Market Analysis- You can note the higher priced sale in January in the Sawmill Patch Placer area, also for the highest PPSF. There were no bank sales in January.
  • Foreclosures: Down again, with only 2 actions in January, compared to 4 in January 2016. There with no PTD filings in January.
  • Purchaser Profile Abstract:  There were 25 upper end purchasers in January compared to 22 in December 2016. Our buyers for real estate transactions in January were the Front Range demographic at 33% of our market, 36% are "local" and 31% are out of state buyers with barely 1% International. 
  • Land Title New Development Summary: This (page 16) shows all the new construction each month with 11 in January compared to 16 in December 2016.

Land Title Guarantee Company January 2017 Market Analysis



 

Posted in Market Updates
Feb. 8, 2017

Mountain Resorts Market Analysis 2016 - 4th Quarter

Uptick Seen for Fourth Quarter for Real Estate Transactions

Land Title is a local company within Colorado and has been in business since 1967. To help partner with our customers and local communities, we'd like to share some valuable information on the real estate market in seven of our Colorado mountain communities of Aspen (Pitkin County), Breckenridge (Summit County), Steamboat Springs (Routt County), Glenwood Springs (Garfield County), Winter Park (Grand County), and Vail (Eagle County) and Telluride (San Miguel County).

2017 Fourth Quarter Highlights from the Seven Counties:

  • Buyer Profile: 48.6% local, 23.91% Front Range, 27.04% Out-Of-State, .45% international.
  • Three counties saw an increase in the number of transactions compared to last year's numbers. Garfield had the biggest increase with 13.53%.
  • Average residential price up in Eagle, Garfield, Grand and Summit counties. Top county was Garfield with a 17.36% increase in Q4 over 2015 Q4 numbers.
  • In gross volume sales, Garfield county saw the biggest increase at 13.53%

Mountain Resorts Q4 Analysis

 

  • Median Residential Price up 9.55% from Q4 LY numbers
  • Gross Sales Volume down 1.57% from LY numbers
  • Average Residential Price up 4.28% from Q4 LY numbers
  • Real Estate Transactions up 9.24% from Q4 LY numbers
  • Buyer Profile: 56.05% Local, 15.43% Front Range, 27.59% Out-of-State, .93% International

Eagle County December Analysis

 

  • Median Residential Price up 12.09% from Q4 LY numbers
  • Average Residential Price up 17.36% from Q4 LY numbers
  • Gross Sales Volume up 13.53% from LY numbers
  • Real Estate Transactions flat from Q4 LY numbers
  • Buyer Profile: 87.88% local, 3.75% Front Range, 8.31% Out-of-State, 0.06% international

Garfield County December Analysis

 

  • Median Residential Price up 39.41% from Q4 LY numbers
  • Average Residential Price up 11.03% from Q4 LY numbers
  • Gross Sales Volume up 10.6% from LY numbers
  • Real Estate Transactions up 2.99% from Q4 LY numbers
  • Buyer Profile: 27.23% local, 54.74% Front Range, 17.53% Out-of-State, 0% international

Grand County December Analysis

 

  • Median Residential Price down 1.14% from Q4 LY numbers
  • Average Residential Price down 10.37% from Q4 LY numbers
  • Gross Sales Volume down 31.94% from LY numbers
  • Real Estate Transactions down 4.35% from Q4 LY numbers
  • Buyer Profile: 54.2% local, 4.78% Front Range, 39.54% Out-of-State, 1.48% international

Pitkin County December Analysis

 

  • Median Residential Price down 8.31% from Q4 LY numbers
  • Average Residential Price down 11.44% from Q4 LY numbers
  • Gross Sales Volume down 0.75% from LY numbers
  • Real Estate Transactions up 6.29% Q4 LY numbers
  • Buyer Profile: 50.29% local, 15.85% Front Range, 33.59% Out-of-State, .26% International

Routt County December Analysis

 

  • Median Residential Price is up 10.61% from Q4 LY numbers
  • Average Residential Price down 4.08% from Q4 LY numbers
  • Gross Sales Volume down 2.48% from LY numbers
  • Real Estate Transactions are up 24.37% from Q4 LY numbers
  • Buyer Profile: 41.43% Local, 2.32% Front Range, 55.18% Out-of-State, 1.07% International

San Miguel County December Analysis

 

  • Median Residential Price up 9.07% from Q4 LY numbers
  • Average Residential Price up 10.01% from Q4 LY numbers
  • Gross Sales Volume up 2.61% from LY numbers
  • Real Estate Transactions down 4.05% from Q4 LY numbers
  • Buyer Profile: 30.37% local, 37.73% Front Range, 31.58% Out-of-State, 0.32% International

Summit County December Analysis