2011 Summit County Real Estate Sales Statistics
RE/MAX is Summit County’s Sales Leader.
For the past 21 years, RE/MAX agents have sold more Summit County properties than any other real estate agency. 2011 was another great year for us—we sold 120% more properties than our nearest competitor. Why do more homeowners trust us with their listings? It’s our incomparable customer-focused service, backed by the power and resources of RE/MAX, our parent company. If you’re thinking of listing a property in 2012, call me at (970) 390-9311 or (970) 453-7000 today.
Summit County is Priced Right For Investors.
There was a very slight decline in property prices from 2010—only 2%— indicating that prices should be holding fairly steady in 2012. If you’re thinking of buying your dream vacation home, or looking for an investment property, there’s never been a better time. Mortgage rates are at historic lows and there are plenty of properties for sale in Breckenridge, Frisco, Dillon, Keystone, Silverthorne and Heeney.
Prime Time for Real Estate Sales
August, September and October 2011 were the biggest volume months, followed closely by November and December. Sales were noticeably lower at the beginning of the year and took a bit of a dip in June, but recovered strongly during the fall and winter. Data in this graph indicates closed sales. If 2012 follows this pattern, we should see a sharp increase in home sales in the last third of the year, which may include the possibility of rising prices.
2011 vs. 2010 Real Estate Facts
2011 saw more properties sold than in 2010, but at a slightly lower average price ($655,252.370 vs. $662,161,725). The market is still offering a great window of opportunity for buyers seeking investment properties, vacation homes or permanent residences in Summit County.