The Breckenridge, Summit and Park Counties real estate markets continue to thrive. Breckenridge Associates Real Estate monthly market overview keeps on indicating that owning mountain property is highly desirable. For the entire year of 2014, total residential properties sales in Breckenridge totaled 655. We have already surpassed that number with 660 residential transactions closing through the end of November. Likely the 2015 residential sales will finish by outperforming 2014 by almost 17% due to the 145 pending sales. Solid and climbing sales numbers are a strong indicator that the market is on a positive trajectory. Meanwhile, the number of real estate showings dwindles. Year-to-date, the number of showings is down over 17%, signaling that serious Buyer's are finding quality properties and snatching great deals. Mountain properties in Breckenridge are also selling quicker than what we have experienced in the last five years. The average number of days a property is listed is now 258 days. Also, there are 200 less active listings at the beginning of December 2015 compared to December 2012. If you are considering selling this winter, you can also participate in this great market!
The Summit and Park Counties residential sales numbers are just as remarkable. Year-to-date, the residential market is outperforming last year by 17.5 percent. Over 2,100 properties have sold through the beginning of December 2015, compared to 1,825 total number of properties sold in year-to-date in 2014. The single family and condos markets are stellar with the number of sales year-to-date exceeding last year by 23.7 percent and 12 percent, respectively.
Don't be left out in the cold! There are some great opportunities knocking at your door this holiday season. Contact your Breckenridge Associates Real Estate Broker today to learn more about the local market. Each month, Breckenridge Assoicates Real Estate compiles a full report of the most recent statisitics from MLS data. We can be reached at 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.