2023 3rd Quarter Market Statistics

2023 3rd Quarter Real Estate Market Statistics

With the stunning fall weather continuing to bring in visitors into our quaint and lively town, it is our pleasure to report that the real estate market here in Breckenridge and across Summit County remains “balanced”.

Low Inventory Levels Impact Supply-Demand Dynamics

Inventory levels remain historically low at 548 county-wide year to date compared to the 10-year average of 746. Correspondingly, the number of Properties Sold county-wide also remains historically low at 1,177 year to date versus a 10-year average of 1,610. Current supply-demand dynamics have led to a slight decrease of 2.58% in the Average Sold Prices for All Property Types across all areas of the county. While Days on Market remains…

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Top 5 Real Estate Opportunities in Summit County, October 2023

Top 5 Real Estate Opportunities in Summit County for October 2023

October is a magical time in Breckenridge with beautiful vistas of golden aspens set against snow covered peaks. You can feel the anticipation of Opening Day in the air. If you’ve been dreaming of a ski home for your family to gather for the holidays, now is the time to buy.

Breckenridge Associates Real Estate’s Top 5 Real Estate Opportunities for October 2023:

Gold Camp Condo II Unit #136

Located near the Peak 8 Breckenridge ski area base, it’s just a free shuttle ride to skiing and Main Street. This second-floor location has an open floor plan, deck, and a private ski locker. The condo is currently being painted for a fresh interior.

MLS# S1041050 | $625,000

…

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6 Fall Hikes for Leaf Peeping Near Breckenridge

The Best Hikes for Leaf Peeping Near Breckenridge

Every year, as soon as the Pumpkin Spice Latte becomes available to order, the countdown to leaf peeping season begins.  Areas across Colorado peak at different times, depending on local temperatures, altitude, and rainfall that year. Historically, the stunning aspens that draw hikers and leaf peeping enthusiasts to Breckenridge, start turning golden mid-September, reaching their peak by the end of September into early October, just in time for snow to start collecting on the mountains.

The crisp fall air, glowing aspen groves, and sunny autumn days make Breckenridge an ideal place to soak in the magic of fall in Colorado. Planning your next leaf peeping trip or looking for the perfect fall hike…

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Top 5 Real Estate Opportunities in Summit County for September 2023

Top 5 Real Estate Opportunities in Summit County for September 2023

September marks the season of change in the mountains as leaves turn golden yellow and the air becomes crisp. Soon the peaks will have their first dusting of snow. If you’ve been dreaming of spending your holidays in the mountains, now is the perfect time to find your family’s ski getaway!

Breckenridge Associates Real Estate’s Top 5 Real Estate Opportunities for September 2023:

412 SOUTH MAIN STREET #1B4

This charming 2-bedroom, 1-bathroom condo located on Main Street in Breckenridge, offers the perfect blend of affordability, convenience and parking. Situated within walking distance to the base of Peak 9, you'll enjoy easy access to world-class skiing and a plethora…

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Everything You Need to Know About the Floyd Hill Project on I-70

CDOT Announces I-70 Improvement Project

In June, the Colorado Department of Transportation (CDOT) announced the commencement of a major infrastructure project aimed at relieving congestion and improving traveler safety along the Floyd Hill section of I-70. Commonly named the “Floyd Hill Project”, the improvements will overhaul the 8-mile stretch between Evergreen and Idaho Springs.

The Floyd Hill Project will be completed in 3 phases. Once complete, it should help reduce the number of slow-downs and accidents that lead to closures, ultimately making travel to Summit County and our world-renowned ski resorts easier for travelers coming from the greater Denver area.

We’ve outlined the scope of the Floyd Hill Project to help you understand its…

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Top 5 Real Estate Opportunities in Summit County, August 2023

Top 5 Real Estate Opportunities in Summit County for August 2023

Cool mountain mornings and sun filled days make August the ideal time to take your last family trip of the season before school starts back up. Ready to turn your family’s special moments together into a tradition? August is the perfect time to secure your mountain getaway for family gatherings this winter and for years to come.

Breckenridge Associates Real Estate’s Top 5 Real Estate Opportunities for August 2023:

TANNHAUSER CONDO Unit 3

This beautifully remodeled one bedroom is 1 block from Main Street Breckenridge and only 3 blocks to the Quicksilver chairlift. Located on the first floor for easy access and one of the few units in the complex to have its own private…

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2023 2nd Quarter Statistics

2023 2nd Quarter Real Estate Market Statistics

The Breckenridge condominium market continues to show signs of strength with the Average Sold Price up 7.64% YTD versus 2022. Conversely, the Breckenridge single family home market continues to soften with Average Sold Prices down 6.84% YTD versus 2022.

Market Conditions Show Impact of Short-Term Rental Regulations in Breckenridge

With a higher number of condominiums located in the Resort Zone and Zone 1, these properties continue to benefit from a larger buyer pool that wants rental income to help offset ownership costs. There are only a select few neighborhoods left where buyers can still obtain a Short-Term Rental License for single family homes, causing that market segment to moderate.

This…

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Top 5 Real Estate Opportunities in Summit County, July 2023

Top 5 Real Estate Opportunities in Summit County for July 2023

With warm summer days and cool mountain nights, Breckenridge offers a stunning respite from the rising summer temperatures on the Front Range and around the country. Inventory is increasing as buying season kicks off following the Fourth of July holiday, now is a great time to combine pleasure with business and plan a trip to Breckenridge to find your dream property!

Breckenridge Associates Real Estate’s Top 5 Real Estate Opportunities for July 2023:

Gold Camp Unit 136

This 2 bedroom, 1 bathroom Gold Camp Condo is close to the Peak 8 Breckenridge ski area base and the free shuttle to skiing and Main Street Breckenridge. This second floor unit features an open floor plan with…

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5 Beautiful Waterfall Hikes Near Breckenridge

5 Beautiful Waterfall Hikes Near Breckenridge

With an average of over 300 inches of snowfall every year in Breckenridge, it only makes sense that the runoff would create some of the most beautiful high alpine waterfalls in Colorado’s backcountry. We’ve compiled a list of the 5 most beautiful waterfall hikes near Breckenridge to add to your summer adventure bucket list!

1. McCullough Gulch Waterfall Trail

Picture by: Mike Peoples on AllTrails

Located just outside of Breckenridge off Hoosier Pass, McCullough Gulch Waterfall Trail is a popular hike offering quintessential Colorado views of rocky peaks, columbine flowers, and mountain goats. Reservations are required for this trailhead June through September from 5 am to 3 pm, outside…

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Gardening Season in Summit County

It’s Gardening Season in Summit County

Photo by Neils Lunceford in Silverthorne, CO

If you’re looking to spruce up your yard this season and need to restock your supplies, we’ve got you covered. Check out these local Summit County retailers and get planting.

Summit County Garden Centers & Suppliers:

1.        Lowe’s

Lowe’s in Silverthorne is a Summit County staple year-round. Whether you’re looking for indoor plants or ready to kickstart your outdoor garden, Lowe’s is stocked with all the tools, seeds, and supplies you need. Their early morning hours make it easy to pick up whatever you need so you can get working first thing and out of the sun by lunchtime.

Where: 201 Buffalo Mountain Drive, Silverthorne

Hours: 6 am - 9…

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