The Skinner Team

Market Stats

SUMMIT COUNTY
MARKET STATS

Here is where you can find all the latest info on the Summit County, CO market from Anne Skinner with The Skinner Team.  This video covers Market Stats from September 2023 and information compiled by the Land Title Guarantee Company for stats from the month of September 2023. 

Below are details about Summit County for January 2024 
  • Market Analysis by Area for January 2024: There were a total of 75 transactions and $87,820,050 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $1,202,958. The average residential price was $1,370,743 and the average residential PPSF was $815.
  • Market Snapshot for YTD 2024 vs YTD 2023:  Average indicators for $: Single Family +9%, Multi- Family +7% and Vacant Land +8%. Median indicators for Single Family +14%, Multi- Family -11% and Vacant Land -10%.
  • Market Analysis % Change 2024: Monetary volume in January 2024 was up 25% from January 2023. Transactions were up 17% from January 2023. 
  • Residential Cost Analysis:  Residential volume in January had 57 transactions with $78,132,350 gross volume. There were 30 properties that sold for $1M and above in January.  There were 16 Single Family, 41 Multi-Family and 4 Vacant Land transactions in January.  
  • Average Price History by Type Full Year 2023: Average price for residential Single Family: $2,265,672, Multi- Family: $1,021,502 and Vacant Land: $734,250. 
  • Comparative Historical Cost Analysis Comparison YTD 2024-2023-2022: In 2024, there were 57 transactions with $78,132,350 gross monetary volume with 30 properties selling for over $1M. In 2023, there were 51 transactions with $64,205,173 gross $ volume with 22 properties selling for over $1M. In 2022, there were 101 transactions with $145,371,499 gross $ volume with 50 properties selling for over $1M.
  • Top Lender Analysis January: There were a total of 209 loans, 37 loans related to sales, 46 REFI’s and 126 timeshare loans with 51% of real estate deals closing with cash. 
  • Purchaser Profile Abstract: There were 33 upper end sales and 9 new unit sales.  Our buyers for real estate transactions YTD January in 2024: Local buyers 28%, Front Range demographic at 41% and 29% were out-of-state buyers. International buyers were at 1%. 

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. 

35 Year Residential Average Price Housing Index - Summit County

35 year residential Appreciations Rates

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