real estate news

July 31, 2024

Summer 2024 – Summit County | Breckenridge Market Update

       Summit county real estate chart july 2024

 

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 ...

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May 6, 2024

NAR Settlement – Real Estate Commissions

On this blustery day in the mountains, I wanted to take a moment to help explain the recent NAR Settlement – Real Estate Commissions

No doubt there are many of you have been reading about the class action lawsuit settlement between the National Assoc of Realtors and the plaintiffs regarding ...

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April 26, 2024

Summit County real estate market snapshot - 1st Quarter 2024

 

1st Quarter Real Estate market snapshot

 

YTD All Summit County

There were a total of 303 transactions and $380,439,483 in monetary volume.

The average transaction price for all 18 areas, plus deed restricted transactions, was $1,295,284,

The average residential transaction price was $1 ...

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April 18, 2024

STR Property Tax bill fails - SB024-33

I have some good news to report this morning. Late Tuesday night SB24-033, the proposed bill that would have increased property taxes on homes that were rented more than 90 nights failed in the Colorado legislature. Here is the link from Denver7.
It is a relief to have some breathing ...
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Nov. 27, 2023

THE STATE OF THE MARKET AND WHAT TO LOOK FOR IN 2024

 

 

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 ...
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Oct. 23, 2023

Breckenridge and Summit County real estate statistics - SEPTEMBER 2023

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 ...
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Oct. 5, 2023

Breckenridge and Summit County real estate statistics - AUGUST 2023

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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July 25, 2023

Breckenridge and Summit County real estate statistics - JULY 2023

Below are details about Summit County for June, as well as Q2 2023. 

Market Analysis by Area for June 2023: There were a total of 128 transactions and $141,899,800 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was ...

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Oct. 26, 2022

Breckenridge & Summit County Real Estate Statistics - September 2022

Here are market highlights for September:

  • Market Analysis by Area for September 2022: There were a total of 179 transactions and $204,519,395 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $1,249,310. The average residential price was ...
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Sept. 28, 2022

Breckenridge & Summit County Real Estate Statistics - August 2022

Here are market highlights for August:

  • Market Analysis by Area for August 2022: There were a total of 194 transactions and $211,817,519 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $1,132,476, the average residential price was $1,232,746 ...
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