Breckenridge and Summit County Real Estate Statistics: November 2014 versus November 2013

The holiday season is upon us and the Town of Breckenridge is bustling with visitors.  The season started off with great snow and we are hoping that as the month goes on, more snow will start to fall.  Now is a great time to get settled into your mountain getaway...come enjoy the rest of the ski season!

The Breckenridge real estate market has remained flat, year to date compared to the same time period in 2013.  At the end of November, the market was down one percentage point.  Until this point in the year, the duplex and townhome market have outpaced 2013 by 51.6 percent and 37 percent, respectively.  Last month, 3 duplex homes and 8 townhomes sold, compared to only 5 of each selling in November 2013.  The Breckenridge condo and single family market are down in 2014, but with the current pending properties, both are on track to break even.  Last month, 21 single family homes and 23 condos sold.  Year to date, the Breckenridge real estate market has had 594 residential properties close compared to 600 sold in 2013.

The Summit County real estate market is up slightly year to date, up over six percent.  The duplex, condo, and townhome sectors are all outperforming 2013.  The single family market is down slightly, three percentage points.  Last month, there were 61 single family homes, 11 duplex homes, 75 condos, and 19 townhomes that sold.  The number of active listings also continues to decline, year after year.  Year to date, 1815 residential properties have sold in Summit County compared to 1708 sold in 2013.

'Tis the season!  It is a great time to get your family mountain getaway and enjoy the snow!  Breckenridge Associates compiles Summit County Market Data every month with the help of a local statistician and the MLS data.  Please contact your Realtor at Breckenridge Associates Real Estate to learn about real estate in Breckenridge and Summit County, Colorado. Call us at, 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

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