Tag Archives: Summit County

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

Mountain Events: Labor Day 2020

Wear your mask, remember to physical distance, be safe and have fun! 

Arapahoe Basin Activities: Thursday – Sunday (and Labor Day Monday) 

Copper Mountain Weekly Programming:

  • Nature Hikes
  • Yoga
  • Retro Reels presented by Yeti
  • BBq & Bingo
  • and more!

Friday, September 4th 

Dillon Farmers Market: 9a – 2p Lodgepole St. Dillon

Oil Painting: 9:30a – 12:30p Old Masonic Hall, Breckenridge

Yoga Fridays at A-Basin: 11am – 12p Mountain Goat Plaza, A-Basin

Learn to SUP on Maggie Pond: Colorado Adventure Guides

Clam Bake: 6:30p 6th Alley Bar and Grill, A-Basin

Breckenridge Haunted Tour: 7:30p Breckenridge Welcome Center

10 Barrel Riding Solo Virtual Bike Race: Copper Mountain

Lake Dillon Art Festival: 9/4 – 9/6 Downtown Dillon

Saturday, September 5th 

45th Annual Gathering at the Great Divide Art Festival: 9/5 – 9/7 Breckenridge

Backcountry Brew Pub: 11a – 3p Copper Mountain

Sunday, September 6th 

Yoga Sundays at A-Basin: 11am – 12p Mountain Goat Plaza, A-Basin

Copper Carwash presented by Nokian: 11a – 3p Powder Parking lot at Copper Mountain

Ceramic Open Studio: 10a – 2p Ceramic Studio, Breckenridge

 

 

Just Listed – Dillon Valley East T-204

JUST LISTED

$245,000
923 Straight Creek Dr. T-204
Dillon, CO 80435


Step right in with no stairs to this gorgeously updated 1 bed, 1 bath Dillon Valley East unit. The beautiful finishes throughout include a remodeled kitchen, bathroom, new flooring, furnishings, paint, trim & doors! Don’t miss the incredible views of the Ten Mile and Gore Ranges from the private deck. DVE has access to a wonderful clubhouse with a pool, hot tub, basketball courts and more! Dillon is centrally located to year-round adventure in Summit. Come see the updates and views for yourself!

  • 1 bedroom / 1 bathroom
  • 584 sqft
  • Nice updates throughout including remodeled bathroom, kitchen, new flooring, furnishings, paint, trim, and doors!
  •  Clubhouse with pool, hot tub, basketball court and more!
  • Great views of the Ten Mile and Gore Ranges.
  • HOA dues:  $354 per/mo.  and include Cable Tv, Common Area Maintenance, Gas, Heat, Snow Removal, Trash Pickup, Water / Sewer



Floor plan:


Location:


For your private showing or more information please contact me:

Skinner Team and KW

Market Stats Update June 14th – 20th, 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 6/14-6/20 Market Stats Info:

Archived Market Stats Videos


April 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.

  • Market Analysis by Area for April 2020: There were a total of 92 transactions and $63,531,993 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $704,135, average residential price was $705,777 and average residential PSF was $530.
  • YTD 2020 Market Analysis by Area (4 months): There were a total of 485 transactions, and $370,425,928 in monetary volume. The average transaction price for all 18 reported areas is $779,951, average residential price was $828,203 and average residential PPF was $530.
  • Market Snapshot for FULL Years 2019 vs 2018:  Average Indicators for $: Single Family -4%, Multi- Family +7% and Vacant Land -8%. Median Indicators for Single Family +1%, Multi- Family +9% and Vacant Land -6%.
  • Market Analysis % Change YTD Year 2020: Monetary volume ($63,531,993) in April 2020 was down 59% from April 2019. Transactions (92) were down 45% from April 2019.  YTD 2020 Monetary Volume is pacing 22% down from YTD 2019. YTD 2020 transactions are pacing 15% down to YTD 2019.
  • Residential Cost Analysis:  Residential volume in April had 78 transactions with $55,050,623 gross volume. There were 15 properties that sold for $1M and above in April. There were 22 Single Family, 56 Multi-Family and 4 Vacant Land transactions.
  • Average Price History by Type- YTD Year 2020: Average price for residential Single Family: $1,212,127, Multi- Family: $598,166 and Vacant Land: $318,371.
  • Comparative Historical Cost Analysis Comparison YTD 2020-2019-2018: In 2020, there were 387 residential transactions and $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. In 2018, there were 484 transactions with $343,662,784 gross $ volume with 80 properties selling for over $1M.
  • Top Lender Analysis April 2020There were 440 loans in April. 67 loans were related to sales, there were 324 REFI’s and 49 loans were timeshare related. 27% 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 April 2020 in the Cucumber Creek Estates area in Breckenridge at $2,285,000 The top priced PSF was that same property in Breckenridge at $883.
  • Foreclosures: There were 2 foreclosure actions in April, same as April 2019. There have been a total of 10 actions in 2020.
  • Purchaser Profile Abstract:  Upper end sales were at 18 in April compared to 29 in March. Our buyers for real estate transactions for April 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 18 in April.

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

Golf Courses – Summit County, CO

Playing golf in Summit County can be a great social distancing activity for this summer. With wonderful views and great courses, you are sure to have a good time! Below are the courses in Summit County.

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

Community Resources – Aid, Donations, Volunteering

There’s a lot happening to our mountain communities that we call home because of Covid-19 right now, including Summit County. If you are looking for ways to donate or volunteer during this time of crisis here are a few organizations helping organize efforts to support the community. 

Statewide Information: covid19.colorado.gov
Food, Medication & Mental Health Resources: 970-668-2940
Coronavirus/Covid-19 Help Line: 303-389-1687
Summit County Public Health Order Infromation: 970-668-9730
Mental Health Crisis: 844-493-TALK

SUMMIT EMERGENCY RESPONSE 3.25.20

 

Summit County, CO Coronavirus Resources

Summit County, CO Public Health Department is doing what it can to keep the community safe and healthy from the novel coronavirus. This including trying to keep the hospital from getting overwhelmed. There is a lot of new information daily, and below is where you can find out the latest information.

Resort Resources 

Closed for Season:

Closed for Unknown Length:

What to Do if You Are Feeling Sick in Summit County

If you are feeling ill with symptoms similar to those associated with COVID-19, including fever, cough, or difficulty breathing, Summit County Public Health recommends the following:

  • Manage your symptoms at home the same way you manage other cold symptoms. To the extent possible, people with flu-like symptoms should remain at home.
  • If you need medical care, contact your primary care provider and schedule a visit. Let them know that you are concerned you might have COVID-19. If you do not have an established health care provider, call the Colorado Helpline at 303-389-1687.
  • Call 911 only for emergencies requiring immediate life-saving care and let them know if you are concerned you might have COVID-19.
  • Limit visits to the hospital emergency room or urgent care. Only individuals needing immediate care should visit these facilities. If you must visit a hospital ER or urgent care facility, call ahead and let them know that you are concerned you might have COVID-19.

Other Resources:

This page was written 3/24/2020, the links are live and will update, but with how quickly information changes regarding coronavirus be sure to check with the Towns and County as information develops. 

Summit County Alerts

Did you know that Summit County has an alerts system? 

Summit County Alert

The Office of Emergency Management uses Summit County Alert (powered by the CodeRED software system) to send emergency notifications by phone, email and text to keep community members informed of events such as evacuation notices, utility outages, water main breaks, wildfires, floods and hazardous materials spills.

SC Alert is also used to communicate non-life-safety inbformation, such as planned road closures, school delays/cancellations, community meetings, utility repairs and service interruptions.

Register for our community notification system
In September 2016, SC Alert switched from Cooper Notification (its previous software platform) to the CodeRED platform. We encourage all SC Alert subscribers to log into the new system to create a managed account. Once inside your managed account, you can select Community Groups and identify two specific physical addresses for which you want to be notified of any emergency activity or information.

Using SC Alert

We deliver SC Alert notifications by phone, email, text and mobile-app alerts. Individuals and businesses may add as many phone numbers, email and text numbers as they choose.

SC Alert is compatible with TDD/TTY devices for those with hearing impairments.

Registering for SC Alert

Registering for SC Alert is quick and easy:

  • Visit the Summit County portal to CodeRED to create a managed account and select your Community Groups, including traffic notifications and school groups. Please note that if you sign up for CodeRED emergency notifications outside the Summit County portal, you will not be able to subscribe to these local notification groups.
  • Enter addresses, such as your home and work locations, to be notified of emergencies in those areas.
  • Add the SC Alert Emergency phone number (866-419-5000) to your contacts as “SC Alert” so that it will display in your caller ID.
  • Add the SC Alert General phone number (855-969-4636) to your contacts as “SC Alert” so that it will display in your caller ID.

CodeRED Mobile Alert App

Residents and visitors can receive public safety alerts – no matter where you are located – via the CodeRED Mobile Alert app, a free public safety app for both Android and iPhone users. The app delivers community and emergency alerts from any agency that uses CodeRED, when you’re located in a geographic area that is being impacted by an emergency.

If you’re currently a CodeRED subscriber who has already registered your mobile phone to get notifications from Summit County, you will continue to receive calls. However, if you download the app, you will also be able to get alerts to your smartphone anywhere in the country, including Hawaii, Puerto Rico and Alaska.

Please note that if you choose to receive weather alerts from the National Weather Service through the app, you will be charged $1 annually.

To download the free CodeRED Mobile Alert app, visit the Google Play or iTunes store.

New Construction – Summit County, CO

New Construction in Summit County, CO

Looking for a new construction? Here you can find links that lead to some of the new projects happening in Summit County. Contact Us for more information if any of these interest you! 

Frisco, CO – 2018/2019
Silverthorne, CO – 2018/2019
Breckenridge, CO – 2018/2019
Dillon/Keystone, CO – 2018/2019
Deed Restricted New Construction:
cucumbercreekestates.com

*Listing Updated June 21st, 2019