The unexpected boom that occurred in our real estate market in 2020 continued its upward trend into 2021. The overall number of residential properties sold in Breckenridge increased from 798 to 812 while Summit and Park Counties combined saw an increase from 2666 to 2702.
What makes these statistics even more remarkable is that they are coupled with historically low inventory even during the busier selling seasons. More buyers are buying and more sellers are selling. Demand is high and supply is low.
Has anything gone down? Yes- days on market are down! Properties sell so quickly that inventory levels don’t appear to change.
Is it a great time to sell? Yes! Sellers are seeing huge returns, even on homes recently purchased in the past 12-24 months
Is it a great time to buy? Yes! Buyers are still achieving their dreams and will ride the appreciation curve that has continued upward for the past 20+ years.
How does Breckenridge Associates fare in comparison to other real estate firms? For property sales in Breckenridge in 2021, Breckenridge Associates is #1 in many categories:
- #1 in Closed Seller Transactions
- #1 in Closed Buyer Transactions
- #1 in Number of Properties Sold
- #1 in Dollar Volume
- #1 Over $1M Sales
- #1 in In-House Sales
- #1 in Average Transactions per Broker
(Source: Summit Association of Realtors MLS December 31st, 2021)
For more in depth statistics on Breckenridge, Summit and Park Counties click here.
Our consistent standing as a leading real estate office in Breckenridge and Summit County is a testament to the knowledge and expertise of our 18 broker partners, and of course our satisfied clients who return to us over the years and refer their friends and family to Breckenridge Associates.
We are forever grateful and humbled for being entrusted to care for what is likely our client’s biggest and most beloved investments.
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