Tuesday, August 2, 2022

Summit County July Market Stats

 

SUMMIT COUNTY MARKET STATS

July 2022

Prepared by SLIFER SMITH & FRAMPTON REAL ESTATE

During the month of July, Summit County saw 82 residential transactions totaling $92.2M in sales volume. Compared to July 2021, transactions were down by 58% and volume was down by 56%. Land transactions dropped 47% from last year with a total of 7.

The 3-month average sales price has decreased and is down to $1.2M, but 18% higher than a year ago. The 3-month average price per square foot is at $792, up 20%. The days on market 3-month average is up 4% compared to 2021, now at 17 days. The 3-month average list vs. sold price has decreased to 100%, 1% lower than a year ago.

The luxury market of $2Million+ sales is down 67% from last year at a total of 6 sales.

As of the beginning of August, there were 515 active listings in Summit County, of which 460 were residential and 55 were land. This is an 94% increase in inventory compared to last year at this time.

Wednesday, July 6, 2022

Summit County June Market Stats


During the month of June, Summit County saw 119 residential transactions totaling $148.2M in sales volume. Compared to June 2021, transactions were down by 42% and volume was down by 32%. Land transactions dropped 47% from last year with a total of 7.

The 3-month average sales price has maintained and is still at $1.3M, but 22% higher than a year ago. The 3-month average price per square foot is at $829, up 27%. The days on market 3-month average is down 41% compared to 2021, now at 12 days. The 3-month average list vs. sold price has decreased to 101% lower than a year ago.

The luxury market of $2Million+ sales is up 43% from last year at a total of 20 sales.

As of the beginning of July, there were 466 active listings in Summit County, of which 414 were residential and 52 were land. This is an 83% increase in inventory compared to last year at this time.

Data used in this write-up was collected from the MLS on 7/1/2022

Monday, June 20, 2022

Summit County Market Stats

 SUMMIT COUNTY MARKET STATS

May 2022

During the month of May, Summit County saw 112 residential transactions totaling $154.4M in sales volume. Compared to May 2021, transactions were down by 34% and volume was down by 12%. Land transactions drastically dropped 77% from last year with a total of 3.

The 3-month average sales price has continued to climb and is now at $1.3M, 26% higher than a year ago. The 3-month average price per square foot is at $833, up 33%. The days on market 3-month average is down 55% compared to 2021, now at 14 days. The 3-month average list vs. sold price is sitting steady at 102% the same as a year ago. The luxury market of $2Million+ sales is up 21% from last year at a total of 21 sales.

As of the beginning of June, there were 318 active listings in Summit County, of which 279 were residential and 39 were land. This is a 67% increase in inventory compared to last year at this time.

 Data used in this write-up was collected from the MLS on 6/1/2022

 Source of Data: Summit Association of Realtors MLS. Information is deemed reliable but not guaranteed.

Saturday, January 29, 2022

Summit County Home Team



Welcome to the SUMMIT COUNTY HOME TEAM. We bring over 50 years of combined resort and real estate marketing experience to Summit County's #1 brokerage, Slifer Smith & Frampton Real Estate. We pride ourselves on providing a fresh perspective and greater insight to our truly unique marketplace in the heart of the Colorado Rockies.

Whether buying or selling in Summit County, it is important to align yourself with a dedicated team that has extensive knowledge of the area and a true appreciation for our mountain lifestyle.

Eddie Bowers, Broker Associate

As a resident of Summit County, Colorado for over 34 years, I look forward to the opportunity to assist buyers and sellers in our dynamic real estate market. Originally from Utah, I spent my early career in Public Relations for the U.S. Ski Team and Park City Ski Area. I arrived in Summit County to join the marketing team at Copper Mountain Resort and we decided this was our place. What a wonderful community to raise our son, daughter and chocolate lab. My favorite part of our real estate business is sharing the outstanding recreational opportunities available with a Colorado mountain home, especially the amazing skiing, fly-fishing, cycling, mountain biking, hiking and trail running.

Reilly DeSantis, Broker Associate

Growing up in the Midwest, I could not wait for school breaks when our extended family would head west for ski vacations throughout Colorado. Mountain life hooked me at an early age and as soon as I completed college I headed west permanently settling here in Summit County over 15 years ago. I am grateful to have met my husband in Breckenridge and getting to raise our twin boys in this special community is an experience that we cherish. Skiing, trail running, cross country skiing, enjoying the trail systems, visiting the local parks and pump tracks are just few of my favorite outdoor activities. Joining Slifer Smith & Frampton in 2006 has allowed me to share the mountain lifestyle with clients who come from places near and far. My background in marketing, prompt and attentive communication, local market knowledge, and professional approach has helped my clients achieve their real estate goals.

Amy Carlson, Licensed Broker Assistant

Originally from Boulder, Colorado, I am a proud Colorado native and have been calling Summit County home for over six years. I enjoy taking advantage of the quintessential mountain lifestyle full of skiing, fly-fishing, dirt biking and taste testing local brews. I began my career with Slifer Smith & Frampton in 2015 as an Office Marketing Coordinator and proved my dedication to the real estate industry by quickly moving up the ranks. After working in both marketing and operations, I decided to maximize my unique skill set and pursue sales in hopes to share our exceptional community in Summit County. I continue to use my valuable experience in assisting SSF’s top producing brokers and clients alike.

Explore our new website:  www.summitcountyhome.com

Wednesday, January 5, 2022

December 2021 Market Stats

 SUMMIT COUNTY MARKET STATS

December 2021

Prepared by Slifer Smith & Frampton Real Estate

During the month of December, Summit County saw 148 residential transactions totaling $178.8M in sales volume. Compared to December 2020, transactions were down by 24% and volume was down by 1%. Year-to-date sales volume surpassed $2.4Billon and is still trending ahead of last year by 25%. Year-to-date land transactions are down 31%, with 149 closings to finish off 2021.

The 3-month average sales price has continued to climb and is now at $1,218,850, 31% higher than a year ago. The 3-month average price per square foot is at $716, up 27%. The days on market 3-month average is down 60% compared to 2020, now at 26 days. The 3-month average list vs. sold price is sitting steady at 101%, up 2% compared to a year ago.

The luxury market of $1Million+ sales is continuing to trend ahead of 2020, now at 843 transactions for the year of 2021, up 37% compared to 2020.

As of January 1st, there were 114 active listings in Summit County, of which 86 were residential and 28 land. This is a 15% decrease in inventory compared to last month and a 39% decrease compared to the beginning of December 2020.

Data used in this write-up was collected from the MLS on 1/4/2022 

Source of Data: Summit Association of Realtors MLS. Information is deemed reliable but not guaranteed.  

Tuesday, December 21, 2021

November Market Stats 2021

 

SUMMIT COUNTY MARKET STATS

November 2021

Prepared by Slifer Smith & Frampton Real Estate

 

During the month of November, Summit County saw 152 residential transactions totaling $172.6M in sales volume. Compared to November 2020, transactions were down by 36%, and volume was down by 26%. Year-to-date sales volume surpassed $2Billon and is still trending ahead of last year by 30%. Year-to-date land transactions are down 27%, with 138 closings so far in 2021.

 

The 3-month average sales price has continued to climb and is now at $1,220,098, 28% higher than a year ago. The 3-month average price per square foot is at $721, up 34%. The days on market 3-month average is down 66% compared to 2020, now at 22 days. The 3-month average list vs sold price is sitting steady at 101%, up 2% compared to a year ago.

 

The luxury market of $1Million+ sales is continuing to trend ahead of 2020, now at 766 transactions for the year, up 40% compared to 2020.

 

As of December 1st, there were 135 active listings in Summit County, of which 102 were residential and 33 land. This is a 16% decrease in inventory compared to last month and a 43% decrease compared to the beginning of November 2020.­

Data used in this write-up were collected from the MLS on 12/3/2021

Tuesday, November 16, 2021

Summit County Market Stats - October 2021

SUMMIT COUNTY MARKET STATS

October 2021

During the month of October, Summit County saw 256 residential transactions totaling $336.1M in sales volume. Compared to October 2020, transactions were down by 29%; however, volume was up by 6%. Year-to-date sales volume surpassed $2 Billon and is still trending ahead of last year by 38%. Year-to-date land transactions are down 19%, with 130 closings so far in 2021.

The 3-month average sales price has continued to climb and is now at $1,257,775, 34% higher than a year ago and the 3-month average price per square foot is at $722, up 38%. The days on market 3-month average is down 64% compared to 2020, now at 23 days. The 3-month average list vs sold price is sitting steady at 101%, up 3% compared to a year ago.

The luxury market of $1Million+ sales is continuing to trend ahead of 2020, now at 700 transactions for the year, up 51% compared to 2020. For 2 months in a row, the highest sale for the month was by a Slifer Smith & Frampton broker. Located on Peak 8 in Breckenridge, this property sold for $5,999,000 and was under contract in just seven days.

As of November 1st, there were 161 active listings in Summit County, of which 126 were residential and 34 land. This is a 15% decrease in inventory compared to last month and a 45% decrease compared to the beginning of November 2020. While most inventory around the county has stayed steady in the past month, Breckenridge has seen a drop in inventory of 45% compared to a month ago.

Data used in this write-up were collected from the MLS on 11/1/2021