The Skinner Team

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 July 2023 and information compiled by the Land Title Guarantee Company for stats from the month of July 2023. 


August 2023 continued the trend of increased transactions and gross volume across Summit County.
  • Market Analysis by Area for August 2023: There were a total of 179 transactions and $207,167,239 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $1,233,456, the average residential price was $1,323,501 and the average residential PSF was $793.
  • Market Analysis by Area 2022 (8 Months) YTD:  There were a total of 974 transactions with $1,120,997,223 monetary volume. The average transaction price was $1,222,720, the average residential price was $1,319,515 and the average residential PPSF was $791.
  • Market Snapshot for YTD 2023 vs Full Year 2022:  Average Indicators for $: Single Family -1%, Multi- Family +5% and Vacant Land -1%. Median Indicators for Single Family +1%, Multi- Family +10% and Vacant Land -7%.
  • Market Analysis % Change YTD August 2023 Monetary volume in August 2023 was down 5% from August 2022. Transactions were down 8% from August 2022.  YTD 2023, monetary volume is pacing 27% down and 18% down with transactions from YTD 2022. 
  • Residential Cost Analysis:  Residential volume in August had 140 transactions with $185,290,106 gross volume. There were 71 properties that sold for $1M and above in August.  There were 48 Single Family, 92 Multi-Family and 7 Vacant Land transactions in August.  
  • Average Price History by Type YTD 2023: Average price for residential Single Family: $2,038,006, Multi- Family: $941,051 and Vacant Land: $656,152. 
  • Comparative Historical Cost Analysis Comparison  2023-2022-2021:  YTD 2023, there were 742 transactions with $979,080,267 gross monetary volume with 377 properties selling for over $1M. YTD 2022, there were 922 transactions with $1,233,026,704 gross $ volume with 465 properties selling for over $1M. YTD 2021, there were 1512 transactions with $1,623,212,899 gross $ volume with 528 properties selling for over $1M.
  • Top Lender Analysis August 2023: There were a total of 291 loans, 105 loans related to sales, 55 REFI’s and 131 timeshare loans in August with 41% of real estate deals closing with cash.
  • Foreclosure Update:  There were 11 foreclosure actions in August, compared to 3 in August 2022, YTD there have been a total of 47 foreclosures actions, 38 being timeshares.
  • Purchaser Profile Abstract:  New unit sales were at 12 in August compared to 13 in July.  There were 76 upper-end sales in August compared to 67 in July 2023.  Our buyers for real estate transactions for YTD 2023: Local buyers 29%, Front Range demographic at 36% and 34% were out of state buyers with 1% International. 

    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.

    35 Year Residential Average Price Housing Index - Summit County

    35 year residential Appreciations Rates

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