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Breckenridge Real Estate Blog

If you’ve listened to any real estate news in the past 6 months, you won’t be surprised by the 2020 year-end statistics. It was the year of the most unexpected real estate boom in history and occurred not only in Summit County, but across many parts of Colorado. Home is no longer just the space where we relax and sleep at night. For millions of Americans, home has evolved into a workplace, school, gym and base for outdoor activity.  

Take a look at these statistics from 2020:   

Sales in Breckenridge for all property types increased 24% over 2019 (798 properties sold vs 640). Sales for all of Summit County is up 21%. List-to-sales price ratio and price per square foot are at record-breaking highs and inventory is at record-breaking

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You might think there is no place for you on skis or a snowboard outside of the groomed and monitored trails of the ski resort. If the term “backcountry” brings to mind visions of triple diamond terrain and the danger of avalanches, you may have decided to leave all things winter backcountry to the hardcore adventure extremists.  While those concepts do apply in many backcountry situations, there are in fact places for those who want a “green run” type of backcountry experience. Something mellow for days when you want skis underfoot, but more peace and solitude than will be found wherever there are lift lines. Read on for the 101 on alpine touring.

For the skier who does not want to go full send above tree line or ­venture into avalanche danger zones,

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The new year is always a time for celebration and you’ll probably agree that this year we are rejoicing a bit more than usual. Maybe 2021 is the year your Summit County home dreams will come true. Time and again, our clients say that their Breckenridge Associates agent made their property search and buying process incredibly smooth.  Inventory is at an all-time low, but our agents have an amazing network to help you find just what you are looking for. You might just find it in the list below.

Here are Breckenridge Associates Real Estate Top 5 Deals for January 2021:

26 Sherwood Lane - UNDER CONTRACT
This studio cabin is a RARE opportunity to own a single family home in Breckenridge under $500k! .65 acre lot with room to build/add-on. Easy

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As 2020 winds down into the final month of the year, the real estate market continues to reflect a strong buyer demand, steady pricing, and low inventory. The new, history-making reservations system at Breckenridge and Keystone ski resorts has been deemed successful and our mountain-loving visitors are grateful to be here. The Top 5 December Deals include three ideal ski-in/ski-out locations, a riverfront retreat, and one brand new construction.

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

Thunder Mountain Lodge #5208
One of the most desirable, high-quality properties in downtown Breckenridge. This second floor, 2 bed/2 bath condominium is immaculate. Park the car for your entire stay, stroll to Main Street, and

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Opening day is a celebrated occasion every November and the anticipation this year was higher than ever before. However, the excitement was also mixed with reservation-system wariness and most everyone was wondering if purchasing a season pass would be worthwhile. With the season officially underway, we’re here to give you a first hand on-the-snow and reservation systems report.  

Although everyone was thrilled with the announcement of a ski season back in September, the thought of having to make a reservation instilled a sense of dread in many. With only a handful of runs ready to go during the scheduled openings of Keystone and Breckenridge, pessimism was running as high as the Imperial Lift.  

Spots for opening weekend at Keystone

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November brings us the long-awaited reopening of our beloved ski resorts, a new season of thrilling downhill sport and magical powder days just around the corner. People all over the world love the mountains of Breckenridge and Summit County. Buyer demand has been astounding with active listings in record lows. However, there are still some great buys and special gems up for grabs from a quaint log cabin tucked into the woods to a sprawling mountain property near the downtown core. You’ve still got time to purchase your dream home and get settled in before prime ski season arrives.

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

 

River Mountain Lodge #W-322
This deluxe River Mountain Lodge unit has it all with

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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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