Tag Archives: market stats

Mid-July 2021 Market Stats Update!

Here is where you can find all the latest info on the Summit County, CO market from Anne & Danielle of The Skinner Team. Including our market stats video series and information compiled by the Land Title Guarantee Company.

A Review of Mid-July 2021 Market Stats Info:


Archived Market Stats Videos


Below is the market analysis report for the month of May. May continued to be busy with low inventory and high demand. Please note that Land Title data 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 Land Title as your source. You are welcome to utilize this link within your own websites.

  • Market Analysis by Area for May 2021: There were a total of 251 transactions and $268,489,073 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $1,082,579 average residential price was $1,094,995 and average residential PSF was $638.
  • Market Analysis by Area YTD 2021 (5 Months): There were a total of 1053 transactions totaling $975,157,405 in monetary volume. Average transaction price was $954,426 average residential price was $1,026,680 and average residential PPF was $620.
  • Market Snapshot for FULL Years 2021 vs 2020: Average Indicators for $: Single Family +16%, Multi- Family +14% and Vacant Land +13%. Median Indicators for Single Family +14%, Multi- Family +14% and Vacant Land +16%.
  • Market Analysis % Change YTD May 2021: Monetary volume in May 2021 was up 304% from May 2020. Transactions were up 173% from May 2020. YTD 2021 $ volume is pacing 123% up and transactions are up 82% from YTD 2020.
  • Residential Cost Analysis: Residential volume in May had 203 transactions with $222,284,061 gross volume. There were 77 properties that sold for $1M and above in May. There were 78 Single Family, 125 Multi-Family and 21 Vacant Land transactions.
  • Average Price History by Type-YTD 2021: Average price for residential Single Family: $1,607,119, Multi- Family: $690,925 and Vacant Land: $416,478.
    Comparative Historical Cost Analysis Comparison 2021-2020-2019: YTD 2021, there were 835 residential transactions and $857,278,023 gross $ volume with 279 properties selling for over $1M. In 2020, there were 462 transactions with $383,957,323 gross $ volume with 122 properties selling for over $1M. In 2019, 619 transactions with $508,087,796 gross $ volume with 141 properties selling for over $1M.
  • Top Lender Analysis May 2021: There were 467 loans in May, 154 loans were related to sales, there were 244 REFI’s and 69 loans were timeshare related. 39% 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 May 2021 in Breckenridge at $5,100,000. The top priced PSF was in Breckenridge in One Ski Hill Place at $1,754.
  • Purchaser Profile Abstract: There were 84 upper-end sales in May 2021. Our buyers for real estate transactions for May 2021: Local buyers at 24%, with the Front Range demographic at 42% and 34% are out of state buyers with 0% International. There is a graph included showing demographic trends through 2013 on page 17.

Thank you for your continued loyalty to Land Title.

Please reach out with any questions.

Brooke Roberts

May 2021 Market Analysis

June 2021 Market Stats Summary

Here is where you can find all the latest info on the Summit County, CO market from Anne & Danielle of The Skinner Team. Including our market stats video series and information compiled by the Land Title Guarantee Company.

A Review of June 2021 Market Stats Info:


Archived Market Stats Videos


Below is the market analysis report for the month of May. May continued to be busy with low inventory and high demand. Please note that Land Title data 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 Land Title as your source. You are welcome to utilize this link within your own websites.

  • Market Analysis by Area for May 2021: There were a total of 251 transactions and $268,489,073 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $1,082,579 average residential price was $1,094,995 and average residential PSF was $638.
  • Market Analysis by Area YTD 2021 (5 Months): There were a total of 1053 transactions totaling $975,157,405 in monetary volume. Average transaction price was $954,426 average residential price was $1,026,680 and average residential PPF was $620.
  • Market Snapshot for FULL Years 2021 vs 2020: Average Indicators for $: Single Family +16%, Multi- Family +14% and Vacant Land +13%. Median Indicators for Single Family +14%, Multi- Family +14% and Vacant Land +16%.
  • Market Analysis % Change YTD May 2021: Monetary volume in May 2021 was up 304% from May 2020. Transactions were up 173% from May 2020. YTD 2021 $ volume is pacing 123% up and transactions are up 82% from YTD 2020.
  • Residential Cost Analysis: Residential volume in May had 203 transactions with $222,284,061 gross volume. There were 77 properties that sold for $1M and above in May. There were 78 Single Family, 125 Multi-Family and 21 Vacant Land transactions.
  • Average Price History by Type-YTD 2021: Average price for residential Single Family: $1,607,119, Multi- Family: $690,925 and Vacant Land: $416,478.
    Comparative Historical Cost Analysis Comparison 2021-2020-2019: YTD 2021, there were 835 residential transactions and $857,278,023 gross $ volume with 279 properties selling for over $1M. In 2020, there were 462 transactions with $383,957,323 gross $ volume with 122 properties selling for over $1M. In 2019, 619 transactions with $508,087,796 gross $ volume with 141 properties selling for over $1M.
  • Top Lender Analysis May 2021: There were 467 loans in May, 154 loans were related to sales, there were 244 REFI’s and 69 loans were timeshare related. 39% 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 May 2021 in Breckenridge at $5,100,000. The top priced PSF was in Breckenridge in One Ski Hill Place at $1,754.
  • Purchaser Profile Abstract: There were 84 upper-end sales in May 2021. Our buyers for real estate transactions for May 2021: Local buyers at 24%, with the Front Range demographic at 42% and 34% are out of state buyers with 0% International. There is a graph included showing demographic trends through 2013 on page 17.

Thank you for your continued loyalty to Land Title.

Please reach out with any questions.

Brooke Roberts

 

May 2021 Market Analysis

Mid-June 2021 Market Stats Update

Here is where you can find all the latest info on the Summit County, CO market from Anne & Danielle of The Skinner Team. Including our market stats video series and information compiled by the Land Title Guarantee Company.

A Review of Mid-June 2021 Market Stats Info:


Archived Market Stats Videos


Please note that Land Title data 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 Land Title as your source. You are welcome to utilize this link within your own websites.

  • Market Analysis by Area for April 2021: There were a total of 231 transactions and $217,485,200 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $972,821. The average residential price was $1,065,545  and the average residential PSF was $641.
  • Market Analysis by Area YTD 2021 (4 Months): There were a total of 802 transactions totaling $706,668,332 in monetary volume. Average transaction price was $912,781, average residential price was $1,004,737 and average residential PPF was $615.
  • Market Snapshot for FULL Years 2021 vs 2020:  Average Indicators for $: Single Family +14%, Multi- Family +12% and Vacant Land -4%. Median Indicators for Single Family +14%, Multi- Family +12% and Vacant Land +9%.
  • Market Analysis % Change YTD April 2021 (*last April 2020- Pandemic Shut Down): Monetary volume in April 2021 was up 242% from April 2020. Transactions were up 151% from April 2020.  YTD 2021 $ volume is pacing 91% up and transactions are up 65% from YTD 2020.
  • Residential Cost Analysis:  Residential volume in April had 191 transactions with $203,519,000 gross volume. There were 72 properties that sold for $1M and above in April. There were 63 Single Family, 128 Multi-Family and 13 Vacant Land transactions.
  • Average Price History by Type-YTD 2021: Average price for residential Single Family: $1,586,128, Multi- Family: $676,626 and Vacant Land: $352,941.
  • Comparative Historical Cost Analysis Comparison 2021-2020-2019: YTD 2021, there have been 632 residential transactions and $634,993,962 gross $ volume with 202 properties selling for over $1M. In 2020, there were 387 transactions with $320,514,723 gross $ volume with 102 properties selling for over $1M. In 2019, there were 443 transactions with $372,849,796 gross $ volume with 104 properties selling for over $1M.
  • Top Lender Analysis April 2021: There were 662 loans in April,157 loans were related to sales, there were 367 refis and 138 loans were timeshare related. And, 32% of the real estate closings were cash transactions.
  • Market Highlights:  Please see page 11 of the Market Analysis- Note the higher priced sale in 2021 in Breckenridge at $5,250,000. The top priced PSF was in Breckenridge in Shock Hill at $1,460.
  • Purchaser Profile Abstract:  There were 75 upper end sales in April 2021. Our buyers for real estate transactions for April 2021: Local buyers at 25%, with the Front Range demographic at 46% and 29% are out of state buyers with 0% International. There is a graph included showing demographic trends through 2013 on page 17.

Thank you for your continued loyalty to Land Title. Please reach out with any questions.

Brooke Roberts

April 2021 Market Analysis

Market Stat Update for May 2021

Anne takes a moment to break down the latest real estate market information for Summit County, CO for May 2021. 


Archived Market Stats Videos


Please note that Land Title data 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 Land Title as your source. You are welcome to utilize this link within your own websites.

  • Market Analysis by Area for April 2021: There were a total of 231 transactions and $217,485,200 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $972,821. The average residential price was $1,065,545  and the average residential PSF was $641.
  • Market Analysis by Area YTD 2021 (4 Months): There were a total of 802 transactions totaling $706,668,332 in monetary volume. Average transaction price was $912,781, average residential price was $1,004,737 and average residential PPF was $615.
  • Market Snapshot for FULL Years 2021 vs 2020:  Average Indicators for $: Single Family +14%, Multi- Family +12% and Vacant Land -4%. Median Indicators for Single Family +14%, Multi- Family +12% and Vacant Land +9%.
  • Market Analysis % Change YTD April 2021 (*last April 2020- Pandemic Shut Down): Monetary volume in April 2021 was up 242% from April 2020. Transactions were up 151% from April 2020.  YTD 2021 $ volume is pacing 91% up and transactions are up 65% from YTD 2020.
  • Residential Cost Analysis:  Residential volume in April had 191 transactions with $203,519,000 gross volume. There were 72 properties that sold for $1M and above in April. There were 63 Single Family, 128 Multi-Family and 13 Vacant Land transactions.
  • Average Price History by Type-YTD 2021: Average price for residential Single Family: $1,586,128, Multi- Family: $676,626 and Vacant Land: $352,941.
  • Comparative Historical Cost Analysis Comparison 2021-2020-2019: YTD 2021, there have been 632 residential transactions and $634,993,962 gross $ volume with 202 properties selling for over $1M. In 2020, there were 387 transactions with $320,514,723 gross $ volume with 102 properties selling for over $1M. In 2019, there were 443 transactions with $372,849,796 gross $ volume with 104 properties selling for over $1M.
  • Top Lender Analysis April 2021: There were 662 loans in April,157 loans were related to sales, there were 367 refis and 138 loans were timeshare related. And, 32% of the real estate closings were cash transactions.
  • Market Highlights:  Please see page 11 of the Market Analysis- Note the higher priced sale in 2021 in Breckenridge at $5,250,000. The top priced PSF was in Breckenridge in Shock Hill at $1,460.
  • Purchaser Profile Abstract:  There were 75 upper end sales in April 2021. Our buyers for real estate transactions for April 2021: Local buyers at 25%, with the Front Range demographic at 46% and 29% are out of state buyers with 0% International. There is a graph included showing demographic trends through 2013 on page 17.

Thank you for your continued loyalty to Land Title. Please reach out with any questions.

Brooke Roberts

April 2021 Market Analysis

Market Stats Update for Mid-May 2021!

Here is where you can find all the latest info on the Summit County, CO market from Anne & Danielle of The Skinner Team. Including our market stats video series and information compiled by the Land Title Guarantee Company.

A Review of Mid-May 2021 Market Stats Info:


Archived Market Stats Videos


Please note that Land Title data 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 Land Title as your source. You are welcome to utilize this link within your own websites.

  • Market Analysis by Area for March 2021: There were a total of 260 transactions and $226,309,300 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $903,591. Average residential price was $1,001,967 and average residential PSF was $618.
  • Market Analysis by Area YTD 2021 (4 Months): Year-to-date there were a total of 571 transactions totaling $489,183,132 in monetary volume. Average transaction price was $888,341, average residential price was $978,401 and average residential PPF was $603.
  • Market Snapshot for FULL Years 2021 vs 2020:
    • Average Indicators for $:
      • Single Family +11%
      • Multi- Family +7%
      • Vacant Land -7%
    • Median Indicators for:
      • Single Family +12%
      • Multi- Family +9%
      • Vacant Land +8%
  • Market Analysis % Change YTD March 2021 (*last March 2020- Pandemic Shut Down- March 15): Monetary volume in March 2021 was up 127% from March 2020. Transactions were up 95% from March 2020.  YTD $ volume is pacing 59% up and transactions are up 45% from YTD 2020.
  • Residential Cost Analysis:  Residential volume in March had 196 transactions with $196,385,600 gross volume. There were 62 properties that sold for $1M and above in March. There were 75 Single Family, 121 Multi-Family and 25 Vacant Land transactions.
  • Average Price History by Type-YTD 2021: Average price for residential Single Family: $1,533,466, Multi- Family: $646,569 and Vacant Land: $342,075.
  • Comparative Historical Cost Analysis Comparison 2021-2020-2019: YTD 2021, there were 441 residential transactions and $431,474,962 gross $ volume with 130 properties selling for over $1M. In 2020, there were 309 transactions with $265,464,100 gross $ volume with 87 properties selling for over $1M. In 2019, 309 transactions with $256,406,796 gross $ volume with 69 properties selling for over $1M.
  • Top Lender Analysis March 2021: There were 823 loans in March,169 loans were related to sales, there were 462 Refi’s and 192 loans were timeshare related. 35% of the real estate closings were cash transactions.
  • Market Highlights:  Please see page 11 of the Market Analysis and note the higher priced sale in 2021 in the Highlands in Breckenridge at $5,295,000. The top priced PSF was in Breckenridge at Four O’Clock Condos at $1,339.
  • Purchaser Profile Abstract:  There were 69 upper-end sales in March 2021. Our buyers for real estate transactions for March 2021: Local buyers at 18%, with the Front Range demographic at 47% and 35% are out-of-state buyers with 0% International. There is a graph included showing demographic trends through 2013 on page 17.
  • Land Title New Development Summary: Page 18 shows all the new construction each month, there were 21 in March compared to 14 in February 2021.

Brooke Roberts

March 2021 Market Analysis

Mid-April 2021 Market Stats Update

Here is where you can find all the latest info on the Summit County, CO market from Anne & Danielle of The Skinner Team. Including our market stats video series and information compiled by the Land Title Guarantee Company.

A Review of Mid-April 2021 Market Stats Info:


Archived Market Stats Videos


Please note that Land Title data 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 Land Title as your source. You are welcome to utilize this link within your own websites.

  • Market Analysis by Area for February 2021: There were a total of 151 transactions and $132,914,988 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $923,287. The average residential price was $1,011,617 and the average residential PSF was $588.
  • Market Analysis by Area YTD 2021 (2 Months): There were a total of 311 transactions totaling $262,873,832 in monetary volume. Average transaction price was $875,684, average residential price was $959,548 and average residential PPF was $591.
  • Market Snapshot for FULL Years 2021 vs 2020:  Average Indicators for $: Single Family +6%, Multi- Family +10% and Vacant Land -13%. Median Indicators for Single Family -2%, Multi- Family +12% and Vacant Land +5%.
  • Market Analysis % Change YTD February 2021: Monetary volume in February 2021 was up 23% from February 2020. Transactions were up 20% from February 2020.  YTD $ volume is pacing 27% up and transactions are up 20% from YTD 2020.
  • Residential Cost Analysis:  Residential volume in February had 118 transactions with $119,370,862 gross volume. There were 34 properties that sold for $1M and above in February  There were 42 Single Family, 76 Multi-Family and 14 Vacant Land transactions.
  • Average Price History by Type-YTD 2021: Average price for residential Single Family: $1,465,299, Multi- Family: $665,887 and Vacant Land: $322,203.
  • Comparative Historical Cost Analysis Comparison 2021-2020-2019: YTD 2021, there were 245 residential transactions and $235,089,362 gross $ volume with 68 properties selling for over $1M. In 2020, there were 209 transactions with $175,227,700 gross $ volume with 58 properties selling for over $1M. In 2019, there were 211 transactions with $172,639,219 gross $ volume with 48 properties selling for over $1M.
  • Top Lender Analysis February 2021: There were 633 loans in February. Of those 96 loans were related to sales, there were 341 REFI’s and 196 loans were timeshare related. Thirty-six percent of the real estate closings were cash transactions.
  • Purchaser Profile Abstract:  There were 36 upper end sales in February 2021 compared to 37 in January 2021. Buyers for real estate transactions for February 2021 include: local buyers have hit a new low at 17%, the Front Range demographic at 48% and 35% are out of state buyers with 0% International. There is a new graph included showing demographic trends through 2013 on page 17.
  • Land Title New Development Summary: Page 18 shows all the new construction by month. There were 14 in February compared to 7 in January 2021.

Click the link below to access the full report. Please don’t hesitate to contact me with any additional questions.

Brooke Roberts

February 2021 Market Analysis

Market Stats Update March 2021

Here is where you can find all the latest info on the Summit County, CO market from Anne & Danielle of The Skinner Team. Including our market stats video series and information compiled by the Land Title Guarantee Company.

A Review of March 2021 Market Stats Info:


Archived Market Stats Videos


Please note that Land Title data 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 quote Land Title as your source. You are welcome to utilize this link within your own websites.

The market in 2021 continues to be very strong. High buyer demand, continued low interest rates and low inventory is combining to create a robust real estate market in Summit County. In fact, there were a total of 160 transactions in January (an increase of 19% over January 2020) and $129,958,844 in monetary volume – an increase of 32% over January 2020. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $832,409, the average residential price was $911,169 and the average residential PSF was $594.

Other notable highlights include:

  • Residential Cost Analysis:  Residential volume in January had 127 transactions with $115,718,500 gross volume. There were 34 properties that sold for $1M and above in January.  There were 48 Single Family, 79 Multi-Family and 16 Vacant Land transactions.
  • Average Price History by Type for 2021:
    • Residential Single Family: $1,281,004
    • Multi- Family: $686,459
    • Vacant Land: $227,375
  • Top Lender Analysis January 2021: There were 607 loans in January. Of those, 111 loans were related to sales, 366 were REFI’s and 130 loans were timeshare-related. Thirty one percent of the real estate closings were cash transactions.
  • Foreclosures: There were 11 foreclosures in January, 10 of which were timeshares.
  • Purchaser Profile Abstract:  There were 36 upper-end sales in January 2021 compared to 73 in December 2020. Our buyers for real estate transactions for January 2021 include front range demographic at 44% of our market, 21% are “local” and 35% are out of state buyers with 0% international. Page 17 includes a new graph showcasing demographic trends through 2013.
  • Market Snapshot for FULL Years 2021 vs 2020: Average Indicators for $: Single Family -8%, Multi- Family +13% and Vacant Land -38%. Median Indicators for Single Family -15%, Multi- Family +15% and Vacant Land -21%.
  • Comparative Historical Cost Analysis Comparison 2021-2020-2019: In 2021, there were 127 residential transactions and $115,718,500 gross $ volume with 34 properties selling for over $1M. In 2020, there were 111 transactions with $187,896,200 gross $ volume with 28 properties selling for over $1M. In 2019, there were 109 transactions with $87,148,300 gross $ volume with 23 properties selling for over $1M.
  • Market Highlights: Please see page 11 to view the higher-priced sale in Breckenridge at $4,850,000. The top priced PSF was in Breckenridge at Mountain Thunder Lodge Condos at $1,099.
  • Land Title New Development Summary: Page 18 showcases new construction each month. There were 7 in January compared to 19 in December 2020.

Click the link below to access the full report. Please don’t hesitate to contact me with any additional questions.

Thank you for your continued loyalty to Land Title,

Brooke Roberts

Market Stats Update February 2021

Here is where you can find all the latest info on the Summit County, CO market from Anne & Danielle of The Skinner Team. Including our market stats video series and information compiled by the Land Title Guarantee Company.

A Review of February 2021 Market Stats Info:


Archived Market Stats Videos


Please note that Land Title data 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 quote Land Title as your source. You are welcome to utilize this link within your own websites.

The market in 2021 continues to be very strong. High buyer demand, continued low interest rates and low inventory is combining to create a robust real estate market in Summit County. In fact, there were a total of 160 transactions in January (an increase of 19% over January 2020) and $129,958,844 in monetary volume – an increase of 32% over January 2020. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $832,409, the average residential price was $911,169 and the average residential PSF was $594.

Other notable highlights include:

  • Residential Cost Analysis:  Residential volume in January had 127 transactions with $115,718,500 gross volume. There were 34 properties that sold for $1M and above in January.  There were 48 Single Family, 79 Multi-Family and 16 Vacant Land transactions.
  • Average Price History by Type for 2021:
    • Residential Single Family: $1,281,004
    • Multi- Family: $686,459
    • Vacant Land: $227,375
  • Top Lender Analysis January 2021: There were 607 loans in January. Of those, 111 loans were related to sales, 366 were REFI’s and 130 loans were timeshare-related. Thirty one percent of the real estate closings were cash transactions.
  • Foreclosures: There were 11 foreclosures in January, 10 of which were timeshares.
  • Purchaser Profile Abstract:  There were 36 upper-end sales in January 2021 compared to 73 in December 2020. Our buyers for real estate transactions for January 2021 include front range demographic at 44% of our market, 21% are “local” and 35% are out of state buyers with 0% international. Page 17 includes a new graph showcasing demographic trends through 2013.
  • Market Snapshot for FULL Years 2021 vs 2020: Average Indicators for $: Single Family -8%, Multi- Family +13% and Vacant Land -38%. Median Indicators for Single Family -15%, Multi- Family +15% and Vacant Land -21%.
  • Comparative Historical Cost Analysis Comparison 2021-2020-2019: In 2021, there were 127 residential transactions and $115,718,500 gross $ volume with 34 properties selling for over $1M. In 2020, there were 111 transactions with $187,896,200 gross $ volume with 28 properties selling for over $1M. In 2019, there were 109 transactions with $87,148,300 gross $ volume with 23 properties selling for over $1M.
  • Market Highlights: Please see page 11 to view the higher-priced sale in Breckenridge at $4,850,000. The top priced PSF was in Breckenridge at Mountain Thunder Lodge Condos at $1,099.
  • Land Title New Development Summary: Page 18 showcases new construction each month. There were 7 in January compared to 19 in December 2020.

Click the link below to access the full report. Please don’t hesitate to contact me with any additional questions.

Thank you for your continued loyalty to Land Title,

Brooke Roberts

Mid-February 2021 Market Stats Update

Here is where you can find all the latest info on the Summit County, CO market from Anne & Danielle of The Skinner Team. Including our market stats video series and information compiled by the Land Title Guarantee Company.

A Review of Mid-February 2021 Market Stats Info:


Archived Market Stats Videos


December Year End 2020 Market Analysis 

Please note that Land Title data 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 Land Title as your source. You are welcome to utilize this link within your own websites.

  • Market Analysis by Area for December 2020: There were a total of 283 transactions and $236,644,433 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $848,816, average residential price was $891,305 and average residential PSF was $582.
  • Market Analysis by Area Full year 2020: There was a total of $2,319,029,219 (record high) with 2800 transactions. The average transaction price was $847,756, the average residential price was $903,385 and the average PPSF was $531.
  • Market Snapshot for FULL Years 2020 vs 2019:  Average Indicators for $: Single Family +10%, Multi- Family +8% and Vacant Land 7%. Median Indicators for Single Family +12%, Multi- Family +9% and Vacant Land 9%.
  • Market Analysis % Change  FULL Year 2020: Monetary volume ($236,644,433) in December 2020 was up 30% from December 2019. Transactions (283) were up 23% from December 2019.  Full Year 2020 Monetary Volume ended with a new Summit record high (closing with a total of $2.139B) and 22% ahead of 2019, and transactions (2800) were up 15 % compared to 2019.
  • Residential Cost Analysis:  Residential volume in December had 237 transactions with $211,239,400 gross volume. There were 69 properties that sold for $1M and above in December.  There were 73 Single Family, 164 Multi-Family and 24 Vacant Land transactions. Full Year 2020 ended with 872 Single Family, 1419 Multi- Family and 223 Vacant Land sales.
  • Average Price History by Type- FULL Year 2020: Average price for residential Single Family: $1,386,525 (record high), Multi- Family: $606,487 ( record high) and Vacant Land: $368,859.
  • Comparative Historical Cost Analysis Comparison 2020-2019-2018: In 2020, there were 2291 residential transactions and $2,069,655,256 gross $ volume with 658 properties selling for over $1M. In 2019, there were 1933 transactions with $1,586,910,706 gross $ volume with 454 properties selling for over $1M. In 2018, there were 1994 transactions with $1,499,765,478 gross $ volume with 381 properties selling for over $1M.
  • Top Lender Analysis December 2020: There were 745 loans in December. 187 loans were related to sales, there were 398 REFI’s and 160 loans were timeshare related. 34% of the real estate closings were cash transactions. In 2020, there were a total of 7102 loans including refi’s and timeshares, 31% of all transactions were cash.
  • Market Highlights:  Please see page 11 of the Market Analysis– Note the the higher priced sale in December 2020 in Breckenridge at $5,260,000. The top priced PSF was in Breckenridge at Four O’Clock Condos at $1,250
  • Foreclosures: There were 16 Foreclosures in December, all timeshares. The year ended with a total of 42 Foreclosure actions with only 9 going to PTD. No Bank sales in December.
  • Purchaser Profile Abstract:  There were 73 upper end sales in December 2020 compared to 108 in November. Our buyers for real estate transactions for December 2020: Front Range demographic at 53% of our market, 16% are “local” and 30% are out of state buyers with 0% International. 2020 buyer demographic’s continue to shift from years past with an increase of 47% Front Range ( 42% in 2019), 21%”local” ( 29% in 2019) and 32% out of state ( 29% in 2019) and 0% International. Please note page 17 comparing demographics of our buyers through 2013.
  • Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 19 in December compared to 39 in November.

Market Stats Update for January 2021

Here is where you can find all the latest info on the Summit County, CO market from Anne & Danielle of The Skinner Team. Including our market stats video series and information compiled by the Land Title Guarantee Company.

A Review of January 2021 Market Stats Info:


Archived Market Stats Videos


December Year End 2020 Market Analysis 

Please note that Land Title data 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 Land Title as your source. You are welcome to utilize this link within your own websites.

  • Market Analysis by Area for December 2020: There were a total of 283 transactions and $236,644,433 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $848,816, average residential price was $891,305 and average residential PSF was $582.
  • Market Analysis by Area Full year 2020: There was a total of $2,319,029,219 (record high) with 2800 transactions. The average transaction price was $847,756, the average residential price was $903,385 and the average PPSF was $531.
  • Market Snapshot for FULL Years 2020 vs 2019:  Average Indicators for $: Single Family +10%, Multi- Family +8% and Vacant Land 7%. Median Indicators for Single Family +12%, Multi- Family +9% and Vacant Land 9%.
  • Market Analysis % Change  FULL Year 2020: Monetary volume ($236,644,433) in December 2020 was up 30% from December 2019. Transactions (283) were up 23% from December 2019.  Full Year 2020 Monetary Volume ended with a new Summit record high (closing with a total of $2.139B) and 22% ahead of 2019, and transactions (2800) were up 15 % compared to 2019.
  • Residential Cost Analysis:  Residential volume in December had 237 transactions with $211,239,400 gross volume. There were 69 properties that sold for $1M and above in December.  There were 73 Single Family, 164 Multi-Family and 24 Vacant Land transactions. Full Year 2020 ended with 872 Single Family, 1419 Multi- Family and 223 Vacant Land sales.
  • Average Price History by Type- FULL Year 2020: Average price for residential Single Family: $1,386,525 (record high), Multi- Family: $606,487 ( record high) and Vacant Land: $368,859.
  • Comparative Historical Cost Analysis Comparison 2020-2019-2018: In 2020, there were 2291 residential transactions and $2,069,655,256 gross $ volume with 658 properties selling for over $1M. In 2019, there were 1933 transactions with $1,586,910,706 gross $ volume with 454 properties selling for over $1M. In 2018, there were 1994 transactions with $1,499,765,478 gross $ volume with 381 properties selling for over $1M.
  • Top Lender Analysis December 2020: There were 745 loans in December. 187 loans were related to sales, there were 398 REFI’s and 160 loans were timeshare related. 34% of the real estate closings were cash transactions. In 2020, there were a total of 7102 loans including refi’s and timeshares, 31% of all transactions were cash.
  • Market Highlights:  Please see page 11 of the Market Analysis– Note the the higher priced sale in December 2020 in Breckenridge at $5,260,000. The top priced PSF was in Breckenridge at Four O’Clock Condos at $1,250
  • Foreclosures: There were 16 Foreclosures in December, all timeshares. The year ended with a total of 42 Foreclosure actions with only 9 going to PTD. No Bank sales in December.
  • Purchaser Profile Abstract:  There were 73 upper end sales in December 2020 compared to 108 in November. Our buyers for real estate transactions for December 2020: Front Range demographic at 53% of our market, 16% are “local” and 30% are out of state buyers with 0% International. 2020 buyer demographic’s continue to shift from years past with an increase of 47% Front Range ( 42% in 2019), 21%”local” ( 29% in 2019) and 32% out of state ( 29% in 2019) and 0% International. Please note page 17 comparing demographics of our buyers through 2013.
  • Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 19 in December compared to 39 in November.