September topped August in Gross Volume. Notably, the Residence Inn at Breckenridge sold for $40.3M. Transactions were only a few less from August at 176.
  • Market Analysis by Area for September 2023: There were a total of 176 transactions and $261,979,466 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $1,561,116, the average residential price was $1,409,573 and the average residential PSF was $820.
  • Market Analysis by Area 2022 (9 Months) YTD:  There were a total of 1150 transactions with $1,382,976,689 monetary volume. The average transaction price was $1,276,134, the average residential price was $1,333,724 and the average residential PPSF was $796.
  • Market Snapshot for YTD 2023 vs Full Year 2022:  Average Indicators for $: Single Family -1%, Multi- Family +5% and Vacant Land +1%. Median Indicators for Single Family +1%, Multi- Family +10% and Vacant Land -5%.
  • Market Analysis % Change YTD September 2023: Monetary volume in September  2023 was up 28% from September 2022 ( *note-large commercial deal). Transactions were down 2% from September 2022.  YTD 2023, monetary volume is pacing 20% down and 16% down with transactions from YTD 2022. 
  • Residential Cost Analysis:  Residential volume in September had 139 transactions with $195,930,641 gross volume. There were 76 properties that sold for $1M and above in September.  There were 54 Single Family, 85 Multi-Family and 11 Vacant Land transactions in September.  
  • Average Price History by Type YTD 2023: Average price for residential Single Family: $2,047,849, Multi- Family: $946,021 and Vacant Land: $672,680. 
  • Comparative Historical Cost Analysis Comparison  2023-2022-2021:  YTD 2023, there were 881 transactions with $1,175,010,908 gross monetary volume with 453 properties selling for over $1M. YTD 2022, there were 1057 transactions with $1,419,816,434 gross $ volume with 526 properties selling for over $1M. YTD 2021, there were 1738 transactions with $1889,580,012 gross $ volume with 617 properties selling for over $1M.
  • Top Lender Analysis September 2023: There were at total of 252 loans, 96 loans related to sales, 51 REFI's and 105 timeshare loans in September with 45% of real estate deals closing with cash.
  • Purchaser Profile Abstract:  New unit sales were up with 13 in September compared to 12 in August.  There were 83 upper end sales in September compared to 76 in August.   Our buyers for real estate transactions for YTD 2023: Local buyers 29%, Front Range demographic at 37% and 34% were out of state buyers with 0% International. 

Please note that Land Title data comes from actual recorded transactions at the County Clerk and Recorder’s Office for that particular month. The information is not directly related to MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate.