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. 

Summit County April real estate volume was strong, with a few high dollar closings such as Pass Creek Ranch which closed at $21M. There were three commercial closings to note in the Parkway Center (City Market building and vacant commercial lots adjacent) totaling $48.8M as well as the Town of Breckenridge purchase at $3.5M. All of these closings are listed on page 16 under Upper End Detail report.
 
  • Market Analysis by Area for April 2024: There were a total of 126 transactions and $237,120,298 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $1,958,122. The average residential price was $1,694,075 and the average residential PPSF was $899.
  • Market Analysis by Area YTD 2024 (4 months): There were a total of 429 transactions and $617,559,781 in monetary volume. The average transaction price for all 18 areas, plus Deed Restricted transactions, was $1,489, 365, the average transaction price was $1,504,309 and average residential PPSF was $850. 
  • Market Snapshot for YTD 2024 vs YTD 2023:  Average indicators for $: Single Family +20%, Multi- Family +9% and Vacant Land -19%. Median indicators for Single Family +14%, Multi- Family -2% and Vacant Land -9%.
  • Market Analysis % Change 2024: Monetary volume in April 2024 was up 74% and transactions were up 16% from April 2023.  YTD 2024, transactions are up 36% and $ is up 11% from YTD 2023.
  • Residential Cost Analysis:  Residential volume in April had 99 transactions with $167,713,400 gross volume. There were 59 properties that sold for $1M and above in April  There were 39 Single Family, 60 Multi-Family and 6 Vacant Land transactions in April.  
  • Average Price History by Type YTD 2024: Average price for Residential Single Family: $2,504,521, Multi- Family: $1,039,299 and Vacant Land: $552,306. 
  • Comparative Historical Cost Analysis Comparison YTD 2024-2023-2022: In 2024, there were 334 transactions with $502,439,320 gross monetary volume with 186 properties selling for over $1M. In 2023, there were 300 transactions with $406,808,665 gross $ volume with 142 properties selling for over $1M. In 2022, there were 433 transactions with $578,304,016 gross $ volume with 211 properties selling for over $1M.
  • Top Lender Analysis April: There were a total of 280 loans, 68 loans related to sales, 58 REFI’s and 154 timeshare loans with 46% of real estate deals closing with cash. 
  • Purchaser Profile Abstract: There were 68 upper end sales, compared to 48 last month. Our buyers for real estate transactions YTD 2024: Local buyers 28%, Front Range demographic at 36% and 36% were out-of-state buyers. International buyers were at 0%. 

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

Contact Us

Get In Touch
Contact Form