Largest Real Estate Sale in Breckenridge & Summit County History

This January, real estate in Breckenridge showed incredible signs of life with the largest residential sale in Summit County history. The ski-in / ski-out home at 382 Timber Trail Road sold for $1262/sq. ft. for a new record high price of $8,285,000 – a big jump up from the previous residential real estate record of $5.6 million. The seller only came down 1.2% from their list price of $8,399,000.

This real estate purchase is not a big surprise as the luxury real estate market for homes over $2,500,000 in Summit County remains a constant “slow but sure” type of market. These properties usually have a location and quality that will always attract the luxury real estate investor.

—Summit Daily News Article Below—

A Record: Breckenridge Home Sells for $8.3m
Local $2 million-and-above home sales in 2009 beat 2008 numbers
By Robert Allen
Summit Daily News

Wednesday, January 6, 2010

BRECKENRIDGE — The most expensive home sale in Summit County history occurred last week with the transfer of an $8.285 million residence near the base of Peak 8.

The 6,565-square-foot residence sold for about $2.7 million more than the previous record-breaker, which occurred in July 2008. Both are in Timber Trail subdivision.  Click Here to Read Full Article

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