Real Estate Market Report for Summit County | Breckenridge Associates Real EstatePosted by Breckenridge Associates Real Estate on
Historical Breckenridge Single Family Market Appreciation Report
The real estate market is “normalizing”… What exactly does that mean for our unique Summit County market?
Year to date, the number of real estate sales for 2022 are down 42.31 % in Breckenridge and 32.64% for all of Summit County as compared to the record-breaking sales of 2021. However, bubbles have not burst, as the saying goes, but rather shifted back to a steady yet measurable level similar to what was recorded prior to the COVID 19 Pandemic.
Despite this shift to “normalization,” inventory is still low. The number of active listings in Summit County is 488 versus the mean average of 922 for the third quarters of 2013-2019.
The average price for a single-family home remains…
420 Views, 0 Comments