Welcome to our April 2022 Summit and Park County Market Report!
This is only a small portion of our full April 2022 Summit and Park County Area Real Estate Market Report. The level of detail in the full report is representative of what you can expect from us as your Real Estate Agents. I hope we can provide the same amount of expertise and insight for you when you are looking to buy or sell in the Breckenridge area.
Overall Inventory for single-family homes has increased over April 2021, however, condo inventory is below April 2021 rates. While interest rates have increased, the market is still moving along due to the demand for mountain homes.
We are seeing buyers that are well prepared and prequalified are able to get accepted offers on their mountain homes as soon as they come on the market.
| Single Family Homes | Condominium/Townhomes | |
| Sold Listings | -46.2% | -26.8% |
| Average Days on Market | -47.1% | -50.0% |
| New Listings | -1.7% | -18.6% |
| Median Sales Price | +17.0% | +26.0% |
| Inventory of Homes | +20.3% | -17.0% |
I expect the seasonal trend of increased inventory to build for the summer months to make it possible for clients visiting to view new inventory of vacation homes.
Park County homes saw a 3% increase in home sales and a 32.5% increase in the median price per square foot over the past 12 months and Park County land sales saw a -9.0% decrease this April as compared to April of 2021. The average sold price for land in Park County saw a 9.9% increase vs April 2021 as the desire to have more affordable mountain homes close to Summit County remains strong.
How can we help you with your real estate needs?
We are representing a number of new construction homes in Park County that will be available to move in between June and November. Just give us a call for more information.
This is only a small portion of our full April 2022 Summit and Park County Area Real Estate Market Report. The level of detail in the full report is representative of what you can expect from us as your Real Estate Agents. I hope we can provide the same amount of expertise and insight for you when you are looking to buy or sell in the Breckenridge area.
We strive to provide Superior Service and exceed client expectations. We would appreciate the opportunity to earn your business – or that of a colleague you think we could help.
Every month we produce this monthly report to provide you with a high-level overview by looking at the patterns and trends. We hope to help you make sense of the numbers so you can make an informed decision. If you see a segment of the market that you would like additional help with understanding please contact us. If you desire a specific Comparative Market Analysis report that we routinely prepare for our clients, please contact us.
Thanks,
Scott & Anne Lindblom
Broker Associates
[email protected]
[email protected]
Scott: 970-485-4065
Anne: 608-345-2734
www.LindblomGroupe.com