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October 2020

Found 4 blog entries for October 2020.

Over 20 years ago, we were just a group of local agents who wanted to create something unique within the Summit County real estate market. We noticed the smaller, locally-owned agencies were being acquired by big national chains. Breckenridge Associates Real Estate is independent of the corporate bureaucracy that characterizes most national and regional real estate franchises. Our business model revolves around the philosophy of promoting your property instead of promoting a franchise name. We formed Breckenridge Associates on the foundation of serving clients from a true local’s perspective. Today, each of our 18 brokers is an equal owner in our company which provides an uncommon dedication to the business and you, our client. We do everything

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2020 sales through October 31st brought stats none of us saw coming. Like the rest of the world, we have been shocked this year by circumstances never before encountered. Knowing the Breckenridge real estate market fared better than most back in 2008, we could only be cautiously optimistic. When public health allowed real estate showings to resume this past June, we were more than pleased to see buyers returning, but never expected to see the surprising gains reflected in the October stats report. 

Clearly, people want to own property in the mountains. Sales prices are going up and inventory is going down. Our office is following this trend with an increase of 23% in sales dollar volume. While residential sales are up, the number of

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If you are a resident of Summit County, it’s likely you’ve been hearing talk around town, or perhaps life has kept you busy and you’re only recently hearing the almost shocking real estate stats for Summit County, Colorado. With winter season rapidly approaching, you may be thinking you’ve missed out on the best time to sell and should wait until next spring. Give us a moment to refute those thoughts. 

We are not seeing a curb on buyers desires to own a Summit County property. In fact, Breckenridge is 5th in the nation’s current real estate boom. Multiple-offer and over-asking-price scenarios are still occurring with desirable properties. More than ever before, we’ve got more buyers than we have properties to sell in Summit County.  

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Temperatures in the High Country are starting to cool off, but the real estate market remains scorching hot. Although the town has begun the transition from summer to fall with the end of walkable Main Street, visitation is expected to remain steady. Virtual workers and students want to take advantage of their remote opportunities and spend more time in the mountains. Will sales continue to outpace last year’s numbers? Only time will tell. We do know for sure that inventory continues to be record-setting low, but our Breckenridge Real Estate agents are great treasure hunters who know where to find your dream home or a buyer for your property.

Here are Breckenridge Associates Real Estate Top 5 Deals for October 2020.

 

Park Avenue Lofts Unit

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