Market Watch | October 2018Posted by Breckenridge Associates Real Estate on
A friend from the Bay Area recently visited Colorado for the first time. He was, of course, taken by the natural beauty and the healthy lifestyle, but was breathless about the real estate. Why didn't anyone tell me real estate was so affordable in Colorado? My brothers house is 1000 square feet larger than mine and cost 30% of what I paid! His perception of our market came down to not just to home sale pricing, but our low taxes and lifestyle. This is of course, coming from one of the most expensive markets in the world, but is a great glimpse into the mindset of our out-of-state buyers.
The average sales price of a single family home in Breckenridge through the end of September 2018 was $1,347,303.00 or $422.04 a square foot. The average sales price…
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