During the month of
November, there were 182 residential transactions recorded, which is down slightly
(2%) from last November. Alternatively, November residential sales volume is up
15% over last year at $132 million for the month. Average sold price versus
list price is 98% and, on average, residential properties are selling in 53
days.
Sales of luxury residential properties $1 million and above have grown significantly this year, with 301 transactions so far in 2017. This represents a 53% increase over the 197 transactions recorded from January-November of 2016.
Available inventory as of December 1st consists
of 328 residential properties and 188 homesites, for a total of 515 available
properties for sale in Summit County. Broken out by area, this includes 260 in Breckenridge,
31 in Copper, 23 in Dillon, 25 in Frisco, 55 in Keystone
and 122 in Silverthorne.
Please note: This
report is intended to give the reader a general overview of the Summit County
area. Statistics can vary by neighborhood and price range, so buyers and
sellers are advised to look to their Slifer Smith and Frampton broker for
specific information on properties of particular interest. The source of real
property information used for this report is the Summit Association of Realtors
MLS.
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