2015 First Quarter Update for Breckenridge Real Estate
We are off to another promising start to the year with 114 residential properties sold in the first quarter. But the best news is that home prices and values are trending higher. Condominium prices increased by an incredible twelve percent and single family homes prices rose by almost ten percent above 2014 statistics.
While the number of transactions is slightly lower than the same period as last year (likely due to a five year inventory low), 35 percent of the transactions were ALL cash deals*. Solid buyers are in the marketplace.
Currently, there are only 334 active residential listings in Breckenridge, so if selling your current property is part of your 2015 plan- now may be…