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…
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