This amazing 2 bd, 2 ba condo at the Towers at Lakepoint has stunning views of Lake Dillon! It is steps from the Rec Path and close to downtown Frisco with all it’s shops and restaurants! It is also centrally located to all the ski resorts. There are nice updates throughout and a washer/dryer. There is also a 1-car garage and large storage closet so there’s plenty of room for all of your gear! Whether looking for your idyllic mountain retreat or great investment, this home is it!
$795,000
2 bedroom / 2 bathroom
992 sqft
Mostly furnished
Great updates, wonderful layout, and fantastic views!
Located next to Lake Dillon and Rec Path
One Car garage!
HOA: $606/mo. and includes Cable TV, Internet/Wifi, heat, gas, common area maintenance, common taxes, insurance, management, snow removal, trash pick up, water/sewer
Listing Video:
Floorplan:
For your private showing or more information please contact me:
This amazing 2 bd, 2 ba condo at the Towers at Lakepoint has stunning views of Lake Dillon! It is steps from the Rec Path and close to downtown Frisco with all it’s shops and restaurants! It is also centrally located to all the ski resorts. There are nice updates throughout and a washer/dryer. There is also a 1-car garage and large storage closet so there’s plenty of room for all of your gear! Whether looking for your idyllic mountain retreat or great investment, this home is it!
$795,000
2 bedroom / 2 bathroom
992 sqft
Mostly furnished
Great updates, wonderful layout, and fantastic views!
Located next to Lake Dillon and Rec Path
One Car garage!
HOA: $606/mo. and includes Cable TV, Internet/Wifi, heat, gas, common area maintenance, common taxes, insurance, management, snow removal, trash pick up, water/sewer
Listing Video:
Floorplan:
For your private showing or more information please contact me:
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.
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.
November was another incredible month for real estate numbers in Summit County, pushing our gross volume over $2 Billion!
Market Analysis by Area for November 2020: There were a total of 394 transactions and $355,464,800 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions was $915,271, average residential price was $936,442 and average residential PSF was $564.
YTD 2020 Market Analysis by Area (11 months): There were a total of 2517 transactions, and $2,082,384,786 in monetary volume. The average transaction price for all 18 reported areas was $847,634, average residential price was $904,779 and average residential PPF was $525.
Market Snapshot for FULL Years 2020 vs 2019: Average Indicators for $: Single Family +9% change, Multi- Family +8% and Vacant Land 0%. Median Indicators for Single Family +12%, Multi- Family +9% and Vacant Land 6%.
Market Analysis % Change YTD Year 2020: Monetary volume ($355,464,800) in November 2020 was up 111% from November 2019. Transactions (394) were up 71% from November 2019. YTD 2020 Monetary Volume is pacing 21% up from YTD 2019. YTD 2020 transactions are pacing 14% up to YTD 2019.
Residential Cost Analysis: Residential volume in November had 329 transactions with $308,089,500 gross volume. There were 101 properties that sold for $1M and above in November. There were 114 Single Family, 215 Multi-Family and 36 Vacant Land transactions.
Average Price History by Type- YTD Year 2020: Average price for residential Single Family: $1,376,229 Multi-family: $604,629 and Vacant Land: $346,417.
Comparative Historical Cost Analysis Comparison YTD 2020-2019-2018: YTD 2020, there were 2054 residential transactions and $1,858,415,856 gross $ volume with 589 properties selling for over $1M. YTD 2019, there were 1741 transactions with $1,426,370,906 gross $ volume with 402 properties selling for over $1M. YTD 2018, there were 1847 transactions with $1,381,524,178 gross $ volume with 349 properties selling for over $1M.
Top Lender Analysis November 2020: There were 810 loans in November. 272 loans were related to sales. There were 337 REFI’s and 201 loans were timeshare related. 31% 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 November 2020 in the Woodmor area -Breckenridge at $4,000,000. The top priced PSF was in the One Ski Hill Place condos – Breck at $1,307.
Foreclosures: There was one Foreclosure action in November 2020 compared to 8 in November 2019. There have been a total of 26 Foreclosure actions YTD 2020. There were no Bank sales in November.
Purchaser Profile Abstract: Upper end sales were up in November with 108 compared to 98 in October. Our buyers for real estate transactions for November 2020: Front Range demographic at approx.. 47% of our market, 20% are “local” and 32% 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 39 in November compared to 28 in October.
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.
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 2020: There 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.
