1st Quarter 2012 Market Statistics

 

Well,  the 1st quarter numbers are in and they they are showing a mixed set of signals.

Single family home sales in Summit County are beginning to show some strength.  County wide the number of sales are up 50%.  The average price is up 1.8%.  While both of these ...

February 6, 2012 Market Update

 

We continue to see good news from the Summit County real estate market.  Overall we are about 14% ahead of last year for listings that have sold. Last year at this time we were 18% ahead. The big difference so far is that the activity has flip flopped and the ...

Weekly update for Jan 9, 2012

 

This posting is a summary of the activity for 2011 in Summit County, CO. 

After several years of downward trends in all categories we are beginning to see some bright sport.  The most positive trend is that transactions for the most part were up across the board with the exception ...

Summit County Foreclosure Update

 

So far in 2011 we have had 144 properties foreclosed on (these numbers do not include timeshares) in 2010 we had 104 properties.  That is an increase of 28% for 2011.   

 

It is interesting to note that the difference from the opening bid and then what they sold for as ...

Sept 2011 Summit County Market Highlights

 

Notable Sales in September 2011:

-Highest Priced sale for September 2011:

9/14/2011 $3,275,000 Shock Hill Subd Lot 15 aka 31 Wild Cat Road – 4 Bedroom 5 Bath, YOC 2006 with 5,284 SF Living Area on .61 AC Land.  PPSF is $619.80.  This is a ...

1st Quarter 2011 Statistics, Summit County, Colorado

 

Breckenridge had a huge snow year.  In fact it is a new record.  The ski area reported over 519 inches on the mountain this season.  Far exceeding the yearly average of  300. 

We are currently seeing an interesting set of dynamics in the real estate market.  For example, for the ...

New Loan Limits Coming Oct 2011

Effective October 1st, 2011 the temporary High Cost Conforming loan limit of $729,750 will be terminated, and the new maximum loan limit will be reduced to $625,500.
 
Currently, all of Summit County, CO qualifies for Fannie Mae and Freddie Mac's 'High Cost' area, and as such will ...

Final 2010 Real Estate Trends

2010 Sales Summary

According to Land Title the total amount of all transactions in 2010 was $689,439,815.  This is a $6,430,715  or 2% increase which is great news considering the national real estate situation which is somewhat unsettled to say the least.  

For 2010 there were ...