Welcome to our October Summit & Park County Real Estate Market Report.
We’ve seen some changes in inventory levels over the last twelve months. There were a total of 2,139 properties sold in Summit & Park County.
The full report goes into great detail. We’ll give you a high-level overview of the numbers in each area here.
In Breckenridge/Blue River, over the last twelve months, there have been a total of 265 single-family homes and duplexes sold. The average purchase price is $2,254,619. This translates to an average of $752 per square foot. In the full report, you’ll find area-specific pages where you’ll be able to compare the numbers to the last five years. These numbers will be interesting to both buyers and sellers.
Condos and townhomes in Breckenridge and Blue River are currently selling for an average price of $957,665. This puts the average price per square foot to purchase a condo or townhome in Breckenridge/ Blue River at $944. A lower price tag overall but a higher cost per square foot.
The market in Frisco/Copper Mountain is similar to Breckenridge/Blue River, with an average price per square foot of $714. However, the overall cost to purchase a single-family home or duplex is slightly below its neighbors. The average sold price in this area is $1,787,553.
Frisco/Copper Mountain has seen a total of 160 condos and townhomes sold at an average sold price of $921,975. The average price per square foot to purchase a condo or townhome in this area is currently $830.
In Silverthorne, Dillon, and Keystone, we’ve seen a total of 252 single-family homes sold at an average sold price of $1,594,274. The average price per square foot to purchase a single-family home in these communities is currently $585.
To purchase a condo or townhome in Silverthorne, Dillon, and Keystone you can expect to pay an average of $770,715.
If you are looking for property in Park County you can expect to pay an average of $604,574 for a single-family home.
As the market shifts, it is important to keep a close eye on what’s happening locally. We provide this detailed report to give you a better idea of what those changes are and would love the opportunity to discuss anything within the report with you in detail!
How can we help you with your real estate needs?
This is only a small portion of our full Summit and Park County Area Real Estate Market Report. The level of detail in the full report represents what you can expect from us as your Real Estate Agents. We hope to provide the same amount of expertise when you are buying or selling in the Breckenridge area.
We strive to provide Superior Service and exceed client expectations. We’d appreciate the opportunity to earn your business – or that of a colleague you think we could help.
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.