Here is where you can find all the latest info on the Summit County, CO market from Anne of The Skinner Team. Including our monthly video series and information compiled by the Land Title Guarantee Company.
Please note that LandTitledata comes from actual recorded transactions at the County Clerk and Recorder’s Office for that particular month. The information is not directly related to MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate. If you choose to utilize this marketing information in any publications or websites, please make sure you are quoting LandTitle as your source. You are welcome to utilize this link within your own websites.
Market Analysis by Area for September 2019: There were a total of 245 transactions and $183,940,073 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $782,069, average residential price was $843,257 and average residential PSF was $491.
Market Analysis by Area YTD 2019 -9 Months: There was a total of $1,349,672,510 with 1696 transactions. The average transaction price was $826,565, the average residential price was $834,395 and the average PPSF was $497.
Market Snapshot for Years 2019 vs 2018: Average Indicators for $: Single Family +14%, Multi- Family +8% and Vacant Land -12%. Median Indicators for Single Family +8%, Multi- Family +10% and Vacant Land -14%.
Market Analysis % Change 2019: Monetary volume ($183,940,073) in September 2019 was up 14% from September 2018. Transactions (245) were down 5% in from September 2018. YTD 2019 Monetary Volume is pacing 6% ahead of YTD September 2018, and transactions are down 9%.
Residential Cost Analysis: Residential volume in September had 200 transactions with $168,651,400 gross volume. There were 49 properties that sold for $1M and above in September. There were 80 Single Family, 120 Multi-Family and 14 Vacant Land transactions.
Average Price History by Type- YTD September 2019: Average price for residential Single Family: $1,301,391, Multi- Family: $563,218 and Vacant Land: $323,362
Comparative Historical Cost Analysis Comparison 2019-2018 -2017 YTD. YTD 2019, there were 1342 residential transactions and $1,119,758,156 gross $ volume with 312 properties selling for over $1M. YTD 2018, there were 1469 transactions with $1,085,876,278 gross $ volume with 272 properties selling for over $1M. YTD 2017, there were 1519 transactions with $1,025,880,445 with 244 properties selling for over $1M.
Top Lender Analysis September 2019: There were 634 loans in September. 174 loans were related to sales, there were 198 REFI’s and 262 loans were timeshare related. 29% of the real estate closings were cash transactions.
Market Highlights: Please see page 11 of the Market Analysis- Note the the higher priced sale in September 2019 in the Shock Hill area in Breckenridge at $4,575,000. The top priced PSF was in the Cottages at Shock Hill at $1,036.
Foreclosures: There were no Bank sales in September YTD, Foreclosures are up slightly with 7 new actions in September, compared to 6 in September 2018. Most of the Foreclosure actions are Timeshare related. There have been 34 Foreclosure actions this year.
Purchaser Profile Abstract: There were 51 upper end sales in September 2019 compared to 60 in August Our buyers for real estate transactions for September 2019: Front Range demographic at 43% of our market, 29% are “local” and 28% are out of state buyers with 0% International. Please note page 17 comparing demographics of our buyers through 2013.
LandTitle New Development Summary: This (page 18) shows all the new construction each month, there were 11 in September compared to 16 in August.
*Seller will pay 1 year of HOA dues!*
Buffalo Ridge Condo
10500 Ryan Gulch Rd. #J103
Silverthorne, CO 80498
Featuring space, privacy, & amenities; this 3 bed 2.5 bath condo has an updated kitchen, stainless steel appliances, & great open living space with private deck. Backs up to beaver ponds & National Forest hiking trails. Relax in-front of the fireplace, or take the boardwalks to 1 of the 4 clubhouses with hot-tubs, indoor pool, saunas, game rooms, tennis, basketball & more! Fully furnished, with a strong rental history, this is a turn-key property ideal for a resident, rental, or investment!
3 Bedrooms / 2.5 bathrooms
Sold fully furnished
Upgraded kitchen with stainless steel appliances
Open living space with private deck
Wood burning fireplace
Four clubhouses on property with hot-tubs, indoor pool, saunas, game rooms, tennis, basketball & more!
Strong rental history
HOA dues: $826.00/mo. and all inclusive. Includes cable TV, internet/wifi, Common Area Maintenance, Common Taxes, Electric, Heat, Insurance, Management, Snow Removal, Trash Pickup, Water / Sewer
For more information about this listing please contact me:
PRICE REDUCED *Back on market at no fault of the Seller!
Coeur Du Lac Condo $565,000 $550,000
311 W La Bonte St. #114
Dillon, CO 80435
If you are looking for jaw-dropping views then this is the condo for you! Not only are the views stunning but you can walk to everything Dillon has to offer including the amphitheater, marina, farmers market, restaurants & more. The tasteful updates and open floor plan in this 2 bed, 2 bath Coeur du Lac condo will be sure to impress. This complex also has a gorgeous outdoor pool and hot tub to relax after a long day of biking, hiking or skiing. These highly coveted condos are rarely available! Not to mention this unit is move-in-ready & being sold mostly furnished. Enjoy your unobstructed views of the Ten Mile Range year-round!
2 bedroom / 2 bathroom
Unobstructed Lake Dillon & Ten Mile Range Views
Clubhouse with outdoor pool and hot tub
Sold mostly furnished
Close to everything in Dillon including Marina, Amphitheater, Farmers Market, and more!
HOA dues are $376.76/mo. and include Cable TV/secure internet, Common Area Maintenance, Snow Removal, Trash Pickup, and Water / Sewer
1660 Lake View Terrace F301
Frisco, CO 80443
Don’t miss the spectacular views of Lake Dillon & Peak One from this 2 bed + loft, 3 bath Lake Forest condo. The south facing deck & wall to wall windows take advantage of natural light year-round. With updates throughout including new counter tops, new windows and doors, new appliances and lighting this unit is sure to impress with its vaulted ceilings and open floor plan. Not to mention it’s centrally located to all 5 world-class ski resorts, and all of Frisco’s Main St. activities and events.
2 BD + Loft / 3 BA
One Car garage
Upgrades throughout including new counter tops, closet doors, doors and windows, lighting, and appliances!
Incredible views of Lake Dillon and Peak One
South faces deck and windows
Clubhouse with three hot tubs
HOA dues are $479 and include Cable Tv, Common Area Maintenance, Internet / Wi-Fi, Management, Snow Removal, Trash Pickup, Water / Sewer