Category Archives: Summit County Real Estate

Introducing Summit Sky Ranch

 

 

Summit Sky Ranch is the new standard in Mountain living in Colorado. The vision of Summit Sky Ranch is to create a vibrant community and 360 degree outdoor lifestyle for people that share common values. Summit Sky Ranch is the perfect balance of raw natural beauty and thoughtful development for people who love the Mountains.

Set on 416 pristine acres in Summit County, “Colorado’s Playground”, Summit Sky Ranch will redefine what it means to have a home in the Mountains. The location will give owners the perfect base camp to explore all Colorado’s Mountains have to offer. The property serves as the gateway between the town of Silverthorne and the Lower Blue River Valley, just five minutes from Interstate 70. Set amongst the Blue River and the White River National Forest, Summit Sky Ranch embodies the true essence of Colorado living.

When owners are not out exploring Colorado, they will have all of the comforts and amenities to give their families experiences to treasure forever. The Aspen House will be centrally located in the community, and will serve as the social and recreational centerpiece of the community. The Boat House will be set on Summit Sky Ranch’s incredible 10 acre lake with breathtaking views of the Gore Range. Summit Sky Ranch will include a collection of single family, Mountain Modern home designs starting at $595K.

www.summitskyranch.com

Contact me to learn more about this community or to sign up for updates from the developer.  970-389-6987 or anne@comtnrealty.com.

What’s Going On In The Mountains (6/19-6/21)

Here are a few of the great mountain events coming up!

Friday 6/19

Dillon Farmers Market from 9am-2pm. Fresh produce and arts & crafts. Click HERE for more information

Frisco’s BBQ Challenge. Enjoy BBQ from all over the country as well as entertainment for the kids, pig races, and live music.  Click HERE for more information

Breckenridge Town Party at the Riverwalk Center at 4:30pm featuring live concerts from The Raven and Writting Desk & Paper Bird.  Click HERE for more information

Dillon’s Brew Fest kicks off at 7:00pm with a free concert from One Ton Pig at the Dillon Amphitheater.  Click HERE for more information

Lake Dillon Theater Company performing “Gutenberg, the Musical.” Click HERE for more information

Saturday 6/20

Frisco’s BBQ Challenge. Enjoy BBQ from all over the country as well as entertainment for the kids, pig races, and live music. Saturday morning starts off with the 6K Bacon Burner Run/Walk at 9:30am.  Click HERE for more information

Dillon’s Brew Fest from 1p-5:30pm.  Tickets are $30.  Free concerts from Local Folk at 5pm and Rocky Mountain Grateful Dead Review at 7pm.  Click HERE for more information

Avon’s Red, White and Brews Festival in Nottingham Park from 1pm-6pm.  Tickets start at $10.  Click HERE for more information.  Don’t forget to check out all the live music too

Lake Dillon Theater Company performing “Gutenberg, the Musical.” Click HERE for more information

Sunday 6/21

Vail’s Farmers Market and Art Show.  One of the largest and most diverse farmer’s markets around.  10am-3:30pm in downtown Vail.  Click HERE for more information

Breckenridge Kingdom Days.  Historical tours and activities plus tons of fun for the kids.  Don’t miss the anual Outhouse Race at 2pm on Ridge Street.  Click HERE for more information and a full list of activities

Lake Dillon Theater Company performing “Gutenberg, the Musical.” Click HERE for more information

 

Whats going on in the Mountains 6/12-6/14?

Here are just a few of the many great events going on in the mountains this weekend!

 

Friday 6/12

Dillon Farmers Market from 9am-2pm.  Fresh produce and arts & crafts.  Click HERE for more information

Avon’s Summer Carnival –  games, rides, fun and funnel cake.  Click HERE for more information.

Lake Dillon Theater Company performing “Gutenberg, the Musical.”  Click HERE for more information

Saturday 6/13

Breckenridge Spartan Race at 7:30am – The muddy 3+ Mile / 15+ Obstacle Sprint is fun for everyone from beginners to seasoned athletes Click HERE for more information

Dillon’s Air Show, pancake breakfast and Let’s go Boating fundraiser starting at 8:30am- the highest air show on earth.  Click HERE for more information.  Don’t forget to check out the Air Force Rock Band “Blue Steel” at 12:00pm

Avon Farmers Market at 8:30am.  Click HERE for more information

Avon’s Summer Carnival –  games, rides, fun and funnel cake.  Click HERE for more information.

Breckenridge’s National Repertory Orchestra Opening Night at the Riverwalk Center.  Click HERE for more information

Lake Dillon Theater Company performing “Gutenberg, the Musical.”  Click HERE for more information

Sunday 6/14

Avon’s Summer Carnival –  games, rides, fun and funnel cake.  Click HERE for more information.

Lake Dillon Theater Company performing “Gutenberg, the Musical.”  Click HERE for more information

Open House Today 10am-1pm!

Come check out this great 2 bedroom, 2 bath Marina Place Condo in downtown Dillon, CO.   Click HERE for more information.

Marina Place Condo

210 E LaBonte St , Building 1, Unit 131

Dillon, CO 80435

Whats going on in the Mountains 6/5-6/7

Here are just a few of the many great events going on in the mountains this weekend!

Friday 6/5

Dillon Farmers Market from 9am-2pm.  Click HERE for more information

Vail’s GoPro Mountain Games –  Kayaking, SUP, rafting, climbing, bouldering, biking and many more events taking place throughout the day.  Click HERE for more information.  Don’t forget to check out the concerts too – Natty Vibes at 6:30pm and Iration at 7:45pm

Saturday 6/6

Frisco’s Run the Rockies Road Race – 10K and half marathon at 8:00am.  Click HERE for more information

Silverthorne’s Annual Kids Fishing Derby at Trent Park Pond from 9:00am-11:00am.  Click HERE for more information.

Frisco’s Rock the Dock Party from 11:00am-3:00pm.  Click HERE for more information

Vail’s GoPro Mountain Games – Kayaking, SUP, rafting, climbing, bouldering, biking and many more events taking place throughout the day. Click HERE for more information.  Don’t forget to check out the concerts too – The Silent Comedy at 6:30pm and G. Love & Special Sauce at 7:45pm

Sunday 6/7

Vail’s GoPro Mountain Games – Kayaking, SUP, rafting, climbing, bouldering, biking and many more events taking place throughout the day. Click HERE for more information

April Market Analysis Summit County

Each month land title does a fantastic market analysis for Summit County.  If you are thinking about buying or selling, here is what you should know…

April 2015 Highlights:

  • Market Analysis by Area for April: April real estate in Summit County was a busy month! There was $92,373,585 in monetary volume and 153 transactions.The average transaction price for all reported 18 areas: $610,971, average residential $583,910, median residential $ 450,000 and average PPSF $327. Frisco and Wildernest areas were steady in April with 17% of the transactions each.
  • Market Analysis by Area YTD 2015 ( 4 months-first quarter of 2015): YTD- monetary volume was $292,294,885 with 535 transactions. Average transaction price: $551,762, average residential price: $550,699 and Average PPSF: $340. The Breckenridge areas make up 47% of the YTD transactions, Keystone ( 15%) and Frisco (11%) are also strong areas this spring.
  • Market Snapshot for Years 2015 vs.2014: Values continue to stay healthy and are as follows: Average Indicators for $: Single Family +11%, Multi- Family +9% and Vacant Land +32%. Median Indicators for $: Single Family +7%, Multi- Family +16% and Vacant Land +29%.
  • Market Analysis % Change showing years 2004-2015 : Monetary volume ($92,373,585) in April is up +55% compared to April 2014. Number of transactions(153) up +31% in April 2015 compared to April 2014. YTD ( 4 months) Summit County real estate is up 37% in monetary volume and up 27% with number of transactions compared to YTD 2014. This is the best April since 2008!
  • Residential Market Sales by Price Point: Residential volume in April had 125 transactions with $72,988,800 gross volume. There were 15 properties that sold for $1M and above in April. The most active price point was the $300K-$400K range. There were 47 Single family, 78 Multi-family and 9 Vacant land transactions in April.
  • YTD 2015 Average Price History: Average residential pricing continues the upward trend for 2015- Single Family- $873,006, Multi- Family-$389,545 and Vacant Land-$420,154. This graph is a great marketing tool to show the consistency and strength of our Summit Market over the years.
  • Historical Cost Breakdown for 2015: There have been 423 residential transactions YTD and $232,945,600 gross volume with 43 properties selling for a $1M and over- Compared to 2014- there were 353 transactions and $183,799,200 gross volume, 31 properties at $1M and over and in 2013, there were 357 transactions with $176,280,200 gross volume, 26 properties at $1M and over.
  • Top Lender Graph: There were 412 loans in April, 71% of the loans were related to sales, there were 165 REFI’s and 138 loans were timeshare related. 29% of the real estate closings were cash transactions down from the past months.
  • Market Highlights: Please see page 10 of the Market Analysis-Higher priced sales in April with only one to note at Dercum’s Dash in Keystone. There was one bank sale in April.
  • Foreclosures: Foreclosures are still dropping with 5 filed actions in April compared to 8 in April 2014.
  • Land Title Purchaser Highlights ( Page 14): There were 21 higher end sales in April – you can see the details on this report. In April, our buyers for real estate transactions were the Front Range demographic at 41% of our market, 31% are local and 28% are out of state buyers, with 1% International.
  • Land Title New Development Summary- this (page 15) shows all the new construction each month including the Deed Restricted new construction which isn’t included on the other Residential reports.

Arapahoe Basin Festival of the Brewpubs

Looking for a great way to spend Memorial Day weekend and get in a little skiing?  Check out the 14th Annual Arapahoe Basin Festival of the Brewpubs.  For more information, check out A Basin’s website by clicking HERE

 

 

A-Basin is the last ski resort open

“Sunday was Loveland Ski Area’s closing day. Loveland opened November 1 and received 319 inches of snow for the season. Loveland will start making snow for the 2015-2016 in late September. Of all the ski areas in the vicinity of Summit County, only Arapahoe Basin remains open.”  www.summitdaily.com

Read the full article at Summit Daily by clicking HERE

 

Summit County Market Analysis – March 2015

Check out the March highlights and the full report from Land Title Gaurantee

March 2015 Highlights:

  • Market Analysis by Area for March: March was a great spring month forreal estate with $83,058500 in monetary volume and 149 transactions.The average transaction price for all reported 18 areas: $565,315, average residential price: $544,761 and median residential price: $389,000.The average PPSF was $343. Silverthorne and the Wildernest areas were active in March with a total of 32 transactions.
  • Market Analysis by Area YTD 2015 ( 3 months-first quarter of 2015): YTD- monetary volume was $199,921,300 with 382 transactions. Average transaction price: $528,047, Average residential price: $536,768 and Average PPSF: $345.
  • Market Snapshot for Years 2015 vs.2014: Values continue to be strong for the first quarter of 2015 and are as follows: Average Indicators for $: Single Family +8%, Multi- Family +10% and Vacant Land +18%. Median Indicators for $: Single Family +9%, Multi- Family +12% and Vacant Land +20%.
  • Market Analysis % Change showing years 2004-2015 : Monetary volume ($83,058,500) in March is up +37% compared to March 2014. Number of transactions(149) up +25% in March 2015 compared to March 2014. YTD ( 3 months) Summit County real estate is up 30% in monetary volume and up 26% with number of transactions compared to YTD 2014. The first quarter of 2015 continues at a strong pace and reflects the best improvement since 2008.
  • Residential Market Sales by Price Point: Residential volume in March had 111 transactions with $60,468,500 gross volume. There were 13 properties that sold for $1M and above in March. The most active price point was the $200K-$300K range. There were 38 Single family, 73 Multi-family and 15 Vacant land transactions in March.
  • YTD 2015 Average Price History: Average residential pricing is strong for the first quarter of 2015: Single Family- $851,420, Multi- Family-$391,781 and Vacant Land-$374,447. This graph is a great marketing tool to show the consistency and strength of our Summit Market over the years.
  • Historical Cost Breakdown for 2015: There have been 298 residential transactions the first quarter of 2015 and $159,956,800 gross volume with 28 properties selling for a $1M and over- Compared to 2014- there were 254 transactions and $129,120,700 gross volume, 20 properties at $1M and over and in 2013, there were 239 transactions with $116,142,700 gross volume,16 properties at $1M and over.
  • Top Lender Graph: There were 426 loans in March, 65% (97) loans were related to sales, there were 161 REFI’s and 168 loans were timeshare related. 35% of the real estate closings were cash transactions.
  • Market Highlights: Please see page 10 of the Market Analysis-Higher priced sales in March with only one to note. There were 2 bank sales in March.
  • Foreclosures: Foreclosures were more consistent with March 2014 (8) with 10 in March 2015.
  • Land Title Purchaser Highlights ( Page 14): There were 16 higher end sales in March – you can see the details on this report. Blue River Apartments sold in March with 186 bedrooms at $9.25M. In March, our buyers for real estate transactions were the Front Range demographic at 46% of our market, 28% are local and 27% are out of state buyers, with 0% International. We did see a surge in local buyers in March with is typical for the spring selling season.
  • Land Title New Development Summary- this (page 15) shows all the new construction each month including the Deed Restricted new construction which isn’t included on the other Residential reports.

Click HERE to see the full report

When is it the right time to go from renting to buying?

When is it the right time to go from renting to buying? That is a question that is often on the minds of many renters.  Many people would be surprised to hear that with interest rates so low, it can be better deal to purchase even if you will only be there for a few years.  It can vary from city to city but generally when rental prices are soaring, looking into buying can be an advantageous option.  Learn more about the decision by reading the full article To Rent, or Not? Depends on your Horizon from CNBC

If you are looking to buy a home in Silverthorne, Dillon, Frisco or Breckenridge, I would be happy to assist you in your search.  If you are looking to purchase in another area, please let me know and I would be happy to connect you with a great realtor.

Anne Skinner

anne@comtnrealty.com

970.389.6987