• Market Analysis by Area for March 2021: There were a total of 260 transactions and $226,309,300 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $903,591. Average residential price was $1,001,967 and average residential PSF was $618.
  • Market Analysis by Area YTD 2021 (4 Months): Year-to-date there were a total of 571 transactions totaling $489,183,132 in monetary volume. Average transaction price was $888,341, average residential price was $978,401 and average residential PPF was $603.
  • Market Snapshot for FULL Years 2021 vs 2020:  
    • Average Indicators for $: 
      • Single Family +11%
      • Multi- Family +7%
      • Vacant Land -7%
    • Median Indicators for:
      • Single Family +12%
      • Multi- Family +9% 
      • Vacant Land +8%
  • Market Analysis % Change YTD March 2021 (*last March 2020- Pandemic Shut Down- March 15): Monetary volume in March 2021 was up 127% from March 2020. Transactions were up 95% from March 2020.  YTD $ volume is pacing 59% up and transactions are up 45% from YTD 2020.
  • Residential Cost Analysis:  Residential volume in March had 196 transactions with $196,385,600 gross volume. There were 62 properties that sold for $1M and above in March. There were 75 Single Family, 121 Multi-Family and 25 Vacant Land transactions. 
  • Average Price History by Type-YTD 2021: Average price for residential Single Family: $1,533,466, Multi- Family: $646,569 and Vacant Land: $342,075.
  • Comparative Historical Cost Analysis Comparison 2021-2020-2019: YTD 2021, there were 441 residential transactions and $431,474,962 gross $ volume with 130 properties selling for over $1M. In 2020, there were 309 transactions with $265,464,100 gross $ volume with 87 properties selling for over $1M. In 2019, 309 transactions with $256,406,796 gross $ volume with 69 properties selling for over $1M.
  • Top Lender Analysis March 2021: There were 823 loans in March,169 loans were related to sales, there were 462 Refi's and 192 loans were timeshare related. 35% of the real estate closings were cash transactions. 
  • Market Highlights:  Please see page 11 of the Market Analysis and note the higher priced sale in 2021 in the Highlands in Breckenridge at $5,295,000. The top priced PSF was in Breckenridge at Four O'Clock Condos at $1,339. 
  • Purchaser Profile Abstract:  There were 69 upper-end sales in March 2021. Our buyers for real estate transactions for March 2021: Local buyers at 18%, with the Front Range demographic at 47% and 35% are out-of-state buyers with 0% International. There is a graph included showing demographic trends through 2013 on page 17.
  • Land Title New Development Summary: Page 18 shows all the new construction each month, there were 21 in March compared to 14 in February 2021.

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