With average sales prices realizing 2005 numbers, buyers sought and found better local deals in 2009 than in the last 10 years. First-time homebuyers took advantage of the government tax credit and were able to enter into the market. This year also marked a record sale in the Breckenridge luxury market at nearly $8.3 million, beating the previous record holding transaction by more than $2.7 million. This record-setting property was a Breckenridge Associates Real Estate listing.
A successful local economy where developers and ski resorts continue to invest in capital improvements and new development coupled with limited supply of real estate inventory have helped to somewhat shelter our towns from the turbulent year many U.S. real estate markets have experienced. We're looking forward to 2010 as well as a whole new decade of exciting opportunities in Breckenridge, Summit and Park County real estate.
To view the full Breckenridge Associates Real Estate transaction reports, please view the full article at our website. Click here to view additional graphs. Posted by Breckenridge Associates Real Estate on