Market News

• Recent Sale - Highest Price Ever For A Lot In Breckenridge

  Thursday, February 4th, 2010

  This January is breaking the standards of slow markets and bad economies in Breckenridge. Shortly after a Breckenridge home sold at a new record high price of $8.3 million, the Breckenridge real estate market sold off its highest priced residential lot ever. Listed at $3,500,000 for well over a year, the lot next [...]

• 2009 Summit County & Breckenridge Real Estate Statistics

  Sunday, January 24th, 2010

  2009 SUMMIT COUNTY REAL ESTATE SALES STATISTICS:
  Compared to 2008 Summit County Real Estate Sales Statistics
  Provided by Brook Roberts of Land Title Guarantee Company, Summit County Public Records, The Summit County MLS, and Keith Kirchner
  Residential Transactions – Down 32% to 1245 from 1834 sales in 2009
  Residential Dollar Volume – Down [...]

• Breckenridge Real Estate Conditions in 2010

  Thursday, January 21st, 2010

  Into 2010, things look better, but the Summit County real estate market is tough to predict because of the massive national economic effects generating what is taking place. We’ve never seen anything quite like it before, but the results are common for any investment arena – a declining stabilization period after large period of growth. [...]

• Breckenridge Real Estate 2009 Market Recap

  Thursday, January 21st, 2010

  QUICK REVIEW: For a real estate market with a 20-year average annual appreciation rate of 9%, real estate in Breckenridge during 2009 was out of character to say the least. As lending conditions become ever-more challenging, and the number of properties for sale increased, sellers had to reduce real estate prices to be [...]

• Local real-estate market could be worse; recovery is uncertain

  Wednesday, January 20th, 2010

  Local real-estate market could be worse; recovery is uncertain
  Local Realtors’ perspectives vary on whether market has bottomed out
  By Robert Allen
  Summit Daily News
  Thursday, January 21, 2010
  SUMMIT COUNTY — After two years of falling prices and transactions for local real estate, local experts aren’t sure whether the Summit County market has hit its lowest point.
  “We probably have [...]

• Summit County, Colorado Sees Increase In Foreclosures

  Friday, January 15th, 2010

  Local Property Foreclosures Up, But Well Below State And Nation
  Some 300 properties enter foreclosure process in 2009
  By Robert Allen
  Summit Daily News
  Friday, January 15, 2010
  SUMMIT COUNTY — The local property foreclosure rate for 2009 is up about 63 percent from 2008, but it’s only a few hundred homes and local Realtors aren’t especially concerned…
  …Of Summit County’s [...]

• Largest Real Estate Sale in Breckenridge & Summit County History

  Sunday, January 10th, 2010

  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 [...]

• Highlights from the 2009 NAR Profile of Home Buyers and Sellers

  Sunday, December 20th, 2009

  Highlights from the 2009 NAR Profile of Home Buyers and Sellers

  NAR has recently released the 2009 Profile of Home Buyers and Sellers. The report compiles the results of 9,138 surveys returned by buyers and sellers who sold or purchased a home between July 2008 and June 2009. The surveys were sent to buyers [...]

• The Breckenridge real estate market is among the strongest!

  Thursday, August 13th, 2009

  “The Breckenridge real estate market is among the strongest in the entire United States, and even in the remarkably stable state of Colorado. Breckenridge is a resort community, meaning that there are almost no commercial or industrial properties to be considered in the overall Breckenridge real estate market. The residential portion of Breckenridge has proven [...]

• Price reduction!

  Friday, July 3rd, 2009

  Luxury ski in Breckenridge condo - real estate for sale
  On July 1st theowner reduced the price of this condo by $100,000.
  You simply can not find a better location in Breckenridge. Just steps from the Quicksilver Superchair and on Main Street, this 4 bedroom luxury Breckenridge condo will accommodate your every need. The living room [...]

• Summit County Home Assesments

  Wednesday, June 17th, 2009

  I read this Opinion written on Summitdaily.com and thought it was important for our community to know about. As I mentioned it is just one persons point of view and there is a link at the end of the article to it, where over 80 people have commented giving there opinions as well.
  “Dear Madame [...]

• Summit County & Breckenridge Real Estate Market Update - 1st Quarter Report

  Thursday, April 16th, 2009

  It’s a good time to be a buyer in Breckenridge Real Estate!
  It’s still hard to get used to, but the Summit County & Breckenridge real estate market is officially soft.  Local attractions for investors (like a great town, great skiing, & diminishing vacant land) are still in place, but listings are stacking up. Along with [...]

• 2008 Second-Home Sales Decline; More Buyers Pay Cash

  Wednesday, April 1st, 2009

  WASHINGTON, March 30, 2009
  The combination of vacation- and investment-home sales slipped to 30 percent of all existing- and new-home transactions in 2008, according to the National Association of Realtors®.
  However, more than four out of 10 investment buyers and more than three in 10 vacation-home buyers paid cash for their properties, with large percentages indicating [...]