After a long, hard winter, I finally have some good news to report on the Breckenridge, Colorado real estate front. Both residential sales and the average sold price are up! Sales have risen 4.4 percent and the average sales price of Summit County properties has increased 6.4 percent. This is definitely reason to celebrate!
However, it’s important to note that each side of the county has a different story when it comes to current real estate trends.
Although residential sales are up overall in Summit County, the north side has been struggling a bit. Right now sold properties is down –9.6 percent. That number may sound bad, but it is a slight improvement from past months. Also, the average sold price in this part of the county is at –6.6 percent at the moment.
The south side has much more cheerful numbers to share. This part of the county, which includes Breckenridge, is enjoying a 28.6 percent increase in sales. The average sold price has improved by 8.8 percent as well. I also should add that the sales and prices on this side of the county continue to move upward.
As we head further into the spring season, it will definitely be interesting to see how the real estate landscape develops. I’ll make sure to keep you updated!
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When you’re looking to buy or sell a home, the latest market reports are always important resources. Just remember that Breckenridge real estate can change fast so be careful not to draw conclusions based on one market update.
If you’d like to view homes or condos in the real estate market in Breckenridge, Colorado (or any other Summit County town), I’m happy to put together some properties that might suit your needs. Feel free to search Summit County MLS listings on my website, and get in touch if you have questions, or when you’re ready to start viewings.
Whether you’re buying or selling, I’m always ready to help you and your family find the right solution in the Breckenridge real estate market. Contact me at any time via email ([email protected]) or on my office line. I look forward to working with you!