I hope you are having a chance to enjoy the summer and it is hard to believe we are almost into August! I think that some of the time warp is a result of the summer real estate season being the first since 2020 that ...

As 2023 draws to a close, it is interesting to see how the market has fared. Here are some year-to-date indicators to start with;

• Market Snapshot for YTD 2023 vs Full Year 2022:  
  Average Indicators;
  Single Family -1%,
  Multi-Family +6%
  Vacant Land -1%
  
  Median Indicators for; 
  Single Family ...

August 2023 continued the trend of increased transactions and gross volume across Summit County.

• Market Analysis by Area for August 2023: There were a total of 179 transactions and $207,167,239 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was ...

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A post shared by James Shingles (@propertyinbreckenridge)

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A post shared by James Shingles (@propertyinbreckenridge)

INTERESTING STATISTICS FOR REAL ESTATE IN SUMMIT COUNTY

- 2021 will go down as one of strongest real estate markets ever recorded, with average sold prices, county wide, appreciating 25.15% year over year.

- And, 2022 will go down as the year when the Summit County real estate ...

The Most Recent Market Statistics are out, and our take on them are as follows:

1. The Market is “Normalizing”.. 
2. YTD the number of Sales for 2022 are Down 42.31 % for Breckenridge and Down 32.64% for All Summit County vs. the unsustainable levels recorded during 2021 and ...

The current Short Term Rental situation in Summit County

The short term rental (STR) `topic in Summit County has been a hot one for the past year or so and current developments mean that this will continue to be the source of discussion and debate for the next 12-18 ...

The market continues to be active and inventory low due to the quick absorption rate. Remember that low inventory does not directly mean there are not many sales. If homes come to market and go under contract quickly then at any given time there will be a lot of properties ...