Tag Archives: market stats

Market Stats Update for October 2020

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

A Review of October 2020 Market Stats Info:

Archived Market Stats Videos


September 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.

September 2020 real estate volume hit a new benchmark with $344M in gross volume with 384 transactions. When we were looking back to the very beginning of the Summit County record keeping back in 1987, there is no month that comes close to this September gross volume. The entire year of 1995 had the gross volume total of $339M.

  • Market Analysis by Area for September 2020: There were a total of 384 transactions and $344,080,274 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions was $917,731, average residential price was $1,001,195 and average residential PSF was $524.
  • YTD 2020 Market Analysis by Area (9 months): There were a total of 1681 transactions, and $1,366,883,676 in monetary volume. The average transaction price for all 18 reported areas was $834,249, average residential price was $896,390 and average residential PPF was $515.
  • Market Snapshot for FULL Years 2020 vs 2019:  Average Indicators for $: Single Family +4% change, Multi- Family +8% and Vacant Land -8%. Median Indicators for Single Family +7%, Multi- Family +11% and Vacant Land -3%.
  • Market Analysis % Change YTD Year 2020: Monetary volume ($344,080,274) in September 2020 was up 87% from September 2019. Transactions (384) were up 57% from September 2019.  YTD 2020 Monetary Volume is pacing 1% up from YTD 2019. YTD 2020 transactions are pacing now only 1% down to YTD 2019.
  • Residential Cost Analysis:  Residential volume in September had 310 transactions with $310,370,535 gross volume. There were 107 properties that sold for $1M and above in September  There were 133 Single Family, 177 Multi-Family and 31 Vacant Land transactions.
  • Average Price History by Type- YTD Year 2020: Average price for residential Single Family: $1,313,710, Multi-family: $607,276 and Vacant Land: $318,064.
  • Comparative Historical Cost Analysis Comparison YTD 2020-2019-2018: YTD 2020, there were 1361 residential transactions and $1,219,986,346 gross $ volume with 393 properties selling for over $1M. YTD 2019, there were 1342 transactions with $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.
  • Top Lender Analysis September 2020There were 748 loans in September. 255 loans were related to sales. There were 373  REFI’s and 120 loans were timeshare related. 34% 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 2020 in the Shock Hill area -Breckenridge at $7,000,000.The top priced PSF was in the One Breckenridge Place condos – Breck at $1,187.
  • Foreclosures: There were 3 Foreclosure actions in September ( all were timeshares), compared to 7 in September. There have been a total of 24 Foreclosure actions YTD 2020. There were no Bank sales in September.
  • Purchaser Profile Abstract:  Upper end sales were up again in September with 115 compared to 87 in August. Our buyers for real estate transactions for September 2020: Front Range demographic at 45% of our market, 15% are “local” and 39% are out of state buyers with 0% International.
  • Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 15 in September.

Historical Summit County Market Analysis
Click here for Archived Summit County Market Analysis

Mid-October Market Stats Update

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

A Review of Mid-October 2020 Market Stats Info:

Archived Market Stats Videos


August 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 August 2020: There were a total of 368 transactions ( the highest # of transactions since we have been tracking for the past 15 years!) and $293,252,195 in monetary volume ( which is also excellent!). The average transaction price for all 18 reported areas, plus Deed Restricted transactions was $807,194, average residential price was $901,820 and average residential PSF was $512.
  • YTD 2020 Market Analysis by Area (8 months): There were a total of 1297 transactions, and $1,022,803,402 in monetary volume. The average transaction price for all 18 reported areas was $809,521, average residential price was $865,477 and average residential PPF was $512.
  • Market Snapshot for FULL Years 2020 vs 2019:  Average Indicators for $: Single Family 0% change, Multi- Family +7% and Vacant Land -12%. Median Indicators for Single Family  3%, Multi- Family +9% and Vacant Land -6%.
  • Market Analysis % Change YTD Year 2020: Monetary volume ($293,252,195) in August 2020 was up 23% from August 2019. Transactions (368) were up 41% from August 2019.  YTD 2020 Monetary Volume is pacing now only 12% down from YTD 2019. YTD 2020 transactions are pacing now only 11% down to YTD 2019.
  • Residential Cost Analysis:  Residential volume in August had 305 transactions with $275,055,180 gross volume. There were 86 properties that sold for $1M and above in August.  There were 130 Single Family, 175 Multi-Family and 35 Vacant Land transactions.
  • Average Price History by Type- YTD Year 2020: Average price for residential Single Family: $1,258,617, Multi- Family: $599,621 and Vacant Land: $302,364.
  • Comparative Historical Cost Analysis Comparison YTD 2020-2019-2018: In 2020, there were 1051 residential transactions and $909,615,811 gross $ volume with 286 properties selling for over $1M. In 2019, there were 1142 transactions with $951,106,756 gross $ volume with 263 properties selling for over $1M. In 2018, there were 1273 transactions with $943,799,378 gross $ volume with 234 properties selling for over $1M.
  • Top Lender Analysis August 2020There were 645 loans in August. 248 loans were related to sales. There were 299 REFI’s and 98 loans were timeshare related. 33% 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 August 2020 in the Timber Trail area in Breckenridge at $5,350,000.The top priced PSF was in the Shock Hill area at $1,139
  • Foreclosures: There were 8 foreclosure actions in August ( 6 were timeshares), compared to 2 in August 2019. There have been a total of 21 Foreclosure actions YTD 2020. There were no Bank sales in August.
  • Purchaser Profile Abstract:  Upper end sales were significantly up in August with 87 compared to 57 in July. Our buyers for real estate transactions for August 2020: Front Range demographic at 51% of our market, 19% are “local” and 30% are out of state buyers with 0% International.
  • Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 13 in August

Historical Summit County Market Analysis
Click here for Archived Summit County Market Analysis

Market Stats Update July 19th – 25th, 2020

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.

As Summit County and Colorado are under Public Health Orders to combat the Coronavirus, The Skinner Team will be doing weekly market stats updates to follow the trends to see if and when a shift may take place.

A Review of 7/19 – 7/25 Market Stats Info:

Archived Market Stats Videos


May 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.

The COVID-19 Pandemic in Summit County Impact began on March 15, 2020 with the immediate mandate on the ski area closures. In April 2020, a Shelter in Place ordinance in Colorado occurred in order to contain the COVID-19 locally and statewide. The Safer at Home ordinance took effect on April 26, 2020 in Colorado. On May 27, local restaurants and various other establishments began to slowly open their doors with limited capacity. Short Term Lodging was not allowed until June 1, 2020.

  • Market Analysis by Area for May 2020: There were a total of 92 transactions and $66,469,300 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $759,972, average residential price was $845,901 and average residential PSF was $490.
  • YTD 2020 Market Analysis by Area (5 months): There were a total of 577 transactions, and $436,895,228 in monetary volume. The average transaction price for all 18 reported areas is $776,844, average residential price was $831,076 and average residential PPF was $523.
  • Market Snapshot for FULL Years 2019 vs 2018:  Average Indicators for $: Single Family -6%, Multi- Family +8% and Vacant Land -12%. Median Indicators for Single Family +0%, Multi- Family +9% and Vacant Land -11%.
  • Market Analysis % Change YTD Year 2020: Monetary volume ($66,469,300) in May 2020 was down 58% from May 2019. Transactions (92) were down 59% from May 2019.  YTD 2020 Monetary Volume is pacing 31% down from YTD 2019. YTD 2020 transactions are pacing 27% down to YTD 2019.
  • Residential Cost Analysis:  Residential volume in May had 75 transactions with $63,442,600 gross volume. There were 20 properties that sold for $1M and above in May.  There were 34 Single Family, 41 Multi-Family and 5 Vacant Land transactions.
  • Average Price History by Type- YTD Year 2020: Average price for residential Single Family: $1,191,837, Multi- Family: $602,892 and Vacant Land: $303,863.
  • Comparative Historical Cost Analysis Comparison YTD 2020-2019-2018: In 2020, there were 462 residential transactions and $383,957,323 gross $ volume with 122 properties selling for over $1M. In 2019, there were 619 transactions with $508,087,796 gross $ volume with 141 properties selling for over $1M. In 2018, there were 642 transactions with $457,925,484 gross $ volume with 104 properties selling for over $1M.
  • Top Lender Analysis May 2020There were 508 loans in May. 68 loans were related to sales, there were 327 REFI’s and 113 loans were timeshare related. 26% 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 2020 in the Eagles Nest Golf Course area in Silverthorne at $2,285,800 The top priced PSF was in Breckenridge at $894.
  • Foreclosures: There were no foreclosure actions in May, only 10 so far in 2020.. There were no Bank sales in May.
  • Purchaser Profile Abstract:  Upper end sales were at 20 in May compared to 18 in April. Our buyers for real estate transactions for May 2020: Front Range demographic at 46% of our market, 33% are “local” and 22% are out of state buyers with 0% International.
  • Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 17 in May.

Historical Summit County Market Analysis
Click here for Archived Summit County Market Analysis

Market Stats Update 7/12-7/18/2020

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.

As Summit County and Colorado are under Public Health Orders to combat the Coronavirus, The Skinner Team will be doing weekly market stats updates to follow the trends to see if and when a shift may take place.

A Review of 7/12 – 7/18 Market Stats Info:

Archived Market Stats Videos


May 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.

The COVID-19 Pandemic in Summit County Impact began on March 15, 2020 with the immediate mandate on the ski area closures. In April 2020, a Shelter in Place ordinance in Colorado occurred in order to contain the COVID-19 locally and statewide. The Safer at Home ordinance took effect on April 26, 2020 in Colorado. On May 27, local restaurants and various other establishments began to slowly open their doors with limited capacity. Short Term Lodging was not allowed until June 1, 2020.

  • Market Analysis by Area for May 2020: There were a total of 92 transactions and $66,469,300 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $759,972, average residential price was $845,901 and average residential PSF was $490.
  • YTD 2020 Market Analysis by Area (5 months): There were a total of 577 transactions, and $436,895,228 in monetary volume. The average transaction price for all 18 reported areas is $776,844, average residential price was $831,076 and average residential PPF was $523.
  • Market Snapshot for FULL Years 2019 vs 2018:  Average Indicators for $: Single Family -6%, Multi- Family +8% and Vacant Land -12%. Median Indicators for Single Family +0%, Multi- Family +9% and Vacant Land -11%.
  • Market Analysis % Change YTD Year 2020: Monetary volume ($66,469,300) in May 2020 was down 58% from May 2019. Transactions (92) were down 59% from May 2019.  YTD 2020 Monetary Volume is pacing 31% down from YTD 2019. YTD 2020 transactions are pacing 27% down to YTD 2019.
  • Residential Cost Analysis:  Residential volume in May had 75 transactions with $63,442,600 gross volume. There were 20 properties that sold for $1M and above in May.  There were 34 Single Family, 41 Multi-Family and 5 Vacant Land transactions.
  • Average Price History by Type- YTD Year 2020: Average price for residential Single Family: $1,191,837, Multi- Family: $602,892 and Vacant Land: $303,863.
  • Comparative Historical Cost Analysis Comparison YTD 2020-2019-2018: In 2020, there were 462 residential transactions and $383,957,323 gross $ volume with 122 properties selling for over $1M. In 2019, there were 619 transactions with $508,087,796 gross $ volume with 141 properties selling for over $1M. In 2018, there were 642 transactions with $457,925,484 gross $ volume with 104 properties selling for over $1M.
  • Top Lender Analysis May 2020There were 508 loans in May. 68 loans were related to sales, there were 327 REFI’s and 113 loans were timeshare related. 26% 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 2020 in the Eagles Nest Golf Course area in Silverthorne at $2,285,800 The top priced PSF was in Breckenridge at $894.
  • Foreclosures: There were no foreclosure actions in May, only 10 so far in 2020.. There were no Bank sales in May.
  • Purchaser Profile Abstract:  Upper end sales were at 20 in May compared to 18 in April. Our buyers for real estate transactions for May 2020: Front Range demographic at 46% of our market, 33% are “local” and 22% are out of state buyers with 0% International.
  • Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 17 in May.

Historical Summit County Market Analysis
Click here for Archived Summit County Market Analysis

Market Stats Update June 28th – July 4th, 2020

 

A Review of 6/28 – 7/4 Market Stats Info:

Archived Market Stats Videos


May 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.

The COVID-19 Pandemic in Summit County Impact began on March 15, 2020 with the immediate mandate on the ski area closures. In April 2020, a Shelter in Place ordinance in Colorado occurred in order to contain the COVID-19 locally and statewide. The Safer at Home ordinance took effect on April 26, 2020 in Colorado. On May 27, local restaurants and various other establishments began to slowly open their doors with limited capacity. Short Term Lodging was not allowed until June 1, 2020.

  • Market Analysis by Area for May 2020: There were a total of 92 transactions and $66,469,300 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $759,972, average residential price was $845,901 and average residential PSF was $490.
  • YTD 2020 Market Analysis by Area (5 months): There were a total of 577 transactions, and $436,895,228 in monetary volume. The average transaction price for all 18 reported areas is $776,844, average residential price was $831,076 and average residential PPF was $523.
  • Market Snapshot for FULL Years 2019 vs 2018:  Average Indicators for $: Single Family -6%, Multi- Family +8% and Vacant Land -12%. Median Indicators for Single Family +0%, Multi- Family +9% and Vacant Land -11%.
  • Market Analysis % Change YTD Year 2020: Monetary volume ($66,469,300) in May 2020 was down 58% from May 2019. Transactions (92) were down 59% from May 2019.  YTD 2020 Monetary Volume is pacing 31% down from YTD 2019. YTD 2020 transactions are pacing 27% down to YTD 2019.
  • Residential Cost Analysis:  Residential volume in May had 75 transactions with $63,442,600 gross volume. There were 20 properties that sold for $1M and above in May.  There were 34 Single Family, 41 Multi-Family and 5 Vacant Land transactions.
  • Average Price History by Type- YTD Year 2020: Average price for residential Single Family: $1,191,837, Multi- Family: $602,892 and Vacant Land: $303,863.
  • Comparative Historical Cost Analysis Comparison YTD 2020-2019-2018: In 2020, there were 462 residential transactions and $383,957,323 gross $ volume with 122 properties selling for over $1M. In 2019, there were 619 transactions with $508,087,796 gross $ volume with 141 properties selling for over $1M. In 2018, there were 642 transactions with $457,925,484 gross $ volume with 104 properties selling for over $1M.
  • Top Lender Analysis May 2020There were 508 loans in May. 68 loans were related to sales, there were 327 REFI’s and 113 loans were timeshare related. 26% 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 2020 in the Eagles Nest Golf Course area in Silverthorne at $2,285,800 The top priced PSF was in Breckenridge at $894.
  • Foreclosures: There were no foreclosure actions in May, only 10 so far in 2020.. There were no Bank sales in May.
  • Purchaser Profile Abstract:  Upper end sales were at 20 in May compared to 18 in April. Our buyers for real estate transactions for May 2020: Front Range demographic at 46% of our market, 33% are “local” and 22% are out of state buyers with 0% International.
  • Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 17 in May.

Historical Summit County Market Analysis
Click here for Archived Summit County Market Analysis

Market Stats Update May 15th, 2020

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.

As Summit County and Colorado are under Public Health Orders to combat the Coronavirus, The Skinner Team will be doing weekly market stats updates to follow the trends to see if and when a shift may take place.

A Review of 5/3-5/9 Market Stats Info:



March 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.

The COVID-19 Pandemic in Summit County Impact began on March 15, 2020 with the immediate mandate on the ski area closures.

  • Market Analysis by Area for March 2020: There were a total of 133 transactions and $99,852,065 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $777,206 average residential price was $902,364 and average residential PSF was $534.
  • YTD 2020 Market Analysis by Area (3 months): There were a total of 393 transactions, and $306,893,935 in monetary volume. The average transaction price for all 18 reported areas is $797,802, average residential price was $859,107 and average residential PPF was $530.
  • Market Snapshot for FULL Years 2019 vs 2018:  Average Indicators for $: Single Family -1%, Multi- Family +7% and Vacant Land -7%. Median Indicators for Single Family +2%, Multi- Family +9% and Vacant Land -10%.
  • Market Analysis % Change YTD Year 2020: Monetary volume ($99,852,065) in March 2020 was down  2% from March 2019. Transactions (133) were down 1% from March 2019.  YTD 2020 Monetary Volume is pacing 4% down from YTD 2019. YTD 2020 transactions are pacing 3% down to YTD 2019.
  • Residential Cost Analysis:  Residential volume in March had 100 transactions with $90,236,400 gross volume. There were 29 properties that sold for $1M and above in March. There were 40 Single Family, 60 Multi-Family and 15 Vacant Land transactions.
  • Average Price History by Type- YTD Year 2020: Average price for residential Single Family: $1,256,581, Multi- Family: $596,261 and Vacant Land: $320,903.
  • Comparative Historical Cost Analysis Comparison YTD 2020-2019-2018: In 2020, there were 309 residential transactions and $265,464,100 gross $ volume with 87 properties selling for over $1M. In 2019, there were 309 transactions with $256,406,796 gross $ volume with 69 properties selling for over $1M. In 2018, there were 322 transactions with $229,269,563 gross $ volume with 54 properties selling for over $1M.
  • Top Lender Analysis March 2020There were 490 loans in March. 78 loans were related to sales, there were 199 REFI’s and 213 loans were timeshare related. 42% 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 March 2020 in the Shock Hill area in Breckenridge at $4,600,000. The top priced PSF was in a Four O’Clock Condo in Breckenridge at $1,317.
  • Foreclosures: There were 2 foreclosure actions in March. YTD 2020, there are 8 Foreclosure actions.
  • Purchaser Profile Abstract:  Upper end sales were at 29 in March compared to 34 in February. Our buyers for real estate transactions for March 2020: Front Range demographic at 44% of our market, 23% are “local” and 33% are out of state buyers with 0% International.
  • Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 13 in March.

Historical Summit County Market Analysis
Click here for Archived Summit County Market Analysis

Market Stats Update – May 1, 2020

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.

As Summit County and Colorado are under Public Health Orders to combat the Coronavirus, The Skinner Team will be doing weekly market stats updates to follow the trends to see if and when a shift may take place.

A Review of 4/19 – 4/25 Market Stats Info:



March 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.

The COVID-19 Pandemic in Summit County Impact began on March 15, 2020 with the immediate mandate on the ski area closures.

  • Market Analysis by Area for March 2020: There were a total of 133 transactions and $99,852,065 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $777,206 average residential price was $902,364 and average residential PSF was $534.
  • YTD 2020 Market Analysis by Area (3 months): There were a total of 393 transactions, and $306,893,935 in monetary volume. The average transaction price for all 18 reported areas is $797,802, average residential price was $859,107 and average residential PPF was $530.
  • Market Snapshot for FULL Years 2019 vs 2018:  Average Indicators for $: Single Family -1%, Multi- Family +7% and Vacant Land -7%. Median Indicators for Single Family +2%, Multi- Family +9% and Vacant Land -10%.
  • Market Analysis % Change YTD Year 2020: Monetary volume ($99,852,065) in March 2020 was down  2% from March 2019. Transactions (133) were down 1% from March 2019.  YTD 2020 Monetary Volume is pacing 4% down from YTD 2019. YTD 2020 transactions are pacing 3% down to YTD 2019.
  • Residential Cost Analysis:  Residential volume in March had 100 transactions with $90,236,400 gross volume. There were 29 properties that sold for $1M and above in March. There were 40 Single Family, 60 Multi-Family and 15 Vacant Land transactions.
  • Average Price History by Type- YTD Year 2020: Average price for residential Single Family: $1,256,581, Multi- Family: $596,261 and Vacant Land: $320,903.
  • Comparative Historical Cost Analysis Comparison YTD 2020-2019-2018: In 2020, there were 309 residential transactions and $265,464,100 gross $ volume with 87 properties selling for over $1M. In 2019, there were 309 transactions with $256,406,796 gross $ volume with 69 properties selling for over $1M. In 2018, there were 322 transactions with $229,269,563 gross $ volume with 54 properties selling for over $1M.
  • Top Lender Analysis March 2020There were 490 loans in March. 78 loans were related to sales, there were 199 REFI’s and 213 loans were timeshare related. 42% 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 March 2020 in the Shock Hill area in Breckenridge at $4,600,000. The top priced PSF was in a Four O’Clock Condo in Breckenridge at $1,317.
  • Foreclosures: There were 2 foreclosure actions in March. YTD 2020, there are 8 Foreclosure actions.
  • Purchaser Profile Abstract:  Upper end sales were at 29 in March compared to 34 in February. Our buyers for real estate transactions for March 2020: Front Range demographic at 44% of our market, 23% are “local” and 33% are out of state buyers with 0% International.
  • Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 13 in March.

Historical Summit County Market Analysis
Click here for Archived Summit County Market Analysis

Market Stats Update April 24, 2020

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.

As Summit County and Colorado are under Public Health Orders to combat the Coronavirus, The Skinner Team will be doing weekly market stats updates to follow the trends to see if and when a shift may take place.

A Review of 4/12 – 4/18 Market Stats Info:



March 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.

The COVID-19 Pandemic in Summit County Impact began on March 15, 2020 with the immediate mandate on the ski area closures.

  • Market Analysis by Area for March 2020: There were a total of 133 transactions and $99,852,065 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $777,206 average residential price was $902,364 and average residential PSF was $534.
  • YTD 2020 Market Analysis by Area (3 months): There were a total of 393 transactions, and $306,893,935 in monetary volume. The average transaction price for all 18 reported areas is $797,802, average residential price was $859,107 and average residential PPF was $530.
  • Market Snapshot for FULL Years 2019 vs 2018:  Average Indicators for $: Single Family -1%, Multi- Family +7% and Vacant Land -7%. Median Indicators for Single Family +2%, Multi- Family +9% and Vacant Land -10%.
  • Market Analysis % Change YTD Year 2020: Monetary volume ($99,852,065) in March 2020 was down  2% from March 2019. Transactions (133) were down 1% from March 2019.  YTD 2020 Monetary Volume is pacing 4% down from YTD 2019. YTD 2020 transactions are pacing 3% down to YTD 2019.
  • Residential Cost Analysis:  Residential volume in March had 100 transactions with $90,236,400 gross volume. There were 29 properties that sold for $1M and above in March. There were 40 Single Family, 60 Multi-Family and 15 Vacant Land transactions.
  • Average Price History by Type- YTD Year 2020: Average price for residential Single Family: $1,256,581, Multi- Family: $596,261 and Vacant Land: $320,903.
  • Comparative Historical Cost Analysis Comparison YTD 2020-2019-2018: In 2020, there were 309 residential transactions and $265,464,100 gross $ volume with 87 properties selling for over $1M. In 2019, there were 309 transactions with $256,406,796 gross $ volume with 69 properties selling for over $1M. In 2018, there were 322 transactions with $229,269,563 gross $ volume with 54 properties selling for over $1M.
  • Top Lender Analysis March 2020There were 490 loans in March. 78 loans were related to sales, there were 199 REFI’s and 213 loans were timeshare related. 42% 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 March 2020 in the Shock Hill area in Breckenridge at $4,600,000. The top priced PSF was in a Four O’Clock Condo in Breckenridge at $1,317.
  • Foreclosures: There were 2 foreclosure actions in March. YTD 2020, there are 8 Foreclosure actions.
  • Purchaser Profile Abstract:  Upper end sales were at 29 in March compared to 34 in February. Our buyers for real estate transactions for March 2020: Front Range demographic at 44% of our market, 23% are “local” and 33% are out of state buyers with 0% International.
  • Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 13 in March.

Historical Summit County Market Analysis
Click here for Archived Summit County Market Analysis

Market Stats Update April 17, 2020

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.

As Summit County and Colorado are under Public Health Orders to combat the Coronavirus, The Skinner Team will be doing weekly market stats updates to follow the trends to see if and when a shift may take place.

A Review of 4/5 – 4/11 Market Stats Info:



February 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 February 2020: There were a total of 126 transactions and $108,221,070 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $876,008, average residential price was $891,138 and average residential PSF was $544.
  • YTD 2020 Market Analysis by Area ( 2 months): There were a total of 260 transactions, and $207,041,870 in monetary volume. The average transaction price for all 18 reported areas is $808,100, average residential price was $838,410 and average residential PPF was $528.
  • Market Snapshot for FULL Years 2019 vs 2018:  Average Indicators for $: Single Family -5%, Multi- Family +7% and Vacant Land -2%. Median Indicators for Single Family +2%, Multi- Family +4% and Vacant Land -3%.
  • Market Analysis % Change YTD Year 2020: Monetary volume ($108,221,070) in February 2020 was up 3% from February 2019. Transactions (126) were down 5% from February 2019.
  • Residential Cost Analysis:  Residential volume in February had 98 transactions with $87,331,500 gross volume. There were 30 properties that sold for $1M and above in February. There were 42 Single Family, 56 Multi-Family and 8 Vacant Land transactions.
  • Average Price History by Type- YTD Year 2020: Average price for residential Single Family: $1,338,033, Multi- Family: $555,966 and Vacant Land: $490,938.
  • Comparative Historical Cost Analysis Comparison YTD 2020-2019-2018: In 2020, there were 209 residential transactions and $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. In 2018, there were 216 transactions with $155,326,263 gross $ volume with 35  properties selling for over $1M.
  • Top Lender Analysis February 2020There were 431 loans in February. 74 loans were related to sales, there were 163 REFI’s and 194 loans were timeshare related. 41% 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 February 2020 in Breckenridge at $4,600,000. The top priced PSF was Beaver Run in Breckenridge at $973.
  • Foreclosures: There were 6 foreclosure actions ( 4 were Timeshares).
  • Purchaser Profile Abstract:  Upper end sales were up a bit with 34 in February compared to 32 in January. Our buyers for real estate transactions for February 2020: Front Range demographic at 49% of our market, 26% are “local” and 25% are out of state buyers with 0% International.
  • Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 13 in February.

Historical Summit County Market Analysis
Click here for Archived Summit County Market Analysis

Market Stats Update for 3/28 – 4/4/2020

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.

As Summit County and Colorado are under Public Health Orders to combat the Coronavirus, The Skinner Team will be doing weekly market stats updates to follow the trends to see if and when a shift may take place.

A Review of 3/28 – 4/4 and March 2020 Market Stats Info:

 



February 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 February 2020: There were a total of 126 transactions and $108,221,070 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $876,008, average residential price was $891,138 and average residential PSF was $544.
  • YTD 2020 Market Analysis by Area ( 2 months): There were a total of 260 transactions, and $207,041,870 in monetary volume. The average transaction price for all 18 reported areas is $808,100, average residential price was $838,410 and average residential PPF was $528.
  • Market Snapshot for FULL Years 2019 vs 2018:  Average Indicators for $: Single Family -5%, Multi- Family +7% and Vacant Land -2%. Median Indicators for Single Family +2%, Multi- Family +4% and Vacant Land -3%.
  • Market Analysis % Change YTD Year 2020: Monetary volume ($108,221,070) in February 2020 was up 3% from February 2019. Transactions (126) were down 5% from February 2019.
  • Residential Cost Analysis:  Residential volume in February had 98 transactions with $87,331,500 gross volume. There were 30 properties that sold for $1M and above in February. There were 42 Single Family, 56 Multi-Family and 8 Vacant Land transactions.
  • Average Price History by Type- YTD Year 2020: Average price for residential Single Family: $1,338,033, Multi- Family: $555,966 and Vacant Land: $490,938.
  • Comparative Historical Cost Analysis Comparison YTD 2020-2019-2018: In 2020, there were 209 residential transactions and $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. In 2018, there were 216 transactions with $155,326,263 gross $ volume with 35  properties selling for over $1M.
  • Top Lender Analysis February 2020There were 431 loans in February. 74 loans were related to sales, there were 163 REFI’s and 194 loans were timeshare related. 41% 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 February 2020 in Breckenridge at $4,600,000. The top priced PSF was Beaver Run in Breckenridge at $973.
  • Foreclosures: There were 6 foreclosure actions ( 4 were Timeshares).
  • Purchaser Profile Abstract:  Upper end sales were up a bit with 34 in February compared to 32 in January. Our buyers for real estate transactions for February 2020: Front Range demographic at 49% of our market, 26% are “local” and 25% are out of state buyers with 0% International.
  • Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 13 in February.

Historical Summit County Market Analysis
Click here for Archived Summit County Market Analysis