Category Archives: Colorado

Breckenridge Market Update 10/4/2017

Introducing Our Partner in Breckenridge Colorado

Brian Donovan

Remax

970-390-9775

 

bdonovan@gmail.com

“Working with both Buyers and Sellers has given me the opportunity to meet and become friends with some great people.”

The Market: The Average Sales Price through September 30, 2017 as compared to the same time period in 2016 is up 18% for residential sales in Summit County, CO! The number of sales has increased by 3.5%. Watch the above video to learn about each town and more. Oh, and 54% of residential sales in Summit County are over $500,000!

 

Homes: So, what does a home cost today in Summit County? The average sold price is just under $1.2 Million for a single family home. Three bedroom homes are averaging $840,000 and if one wants a 5 bedroom home their averaging $1,750,000.  For a newer home built 2010 and newer the average sold price is $1.6 Million and for one built 2009 and older the average sold price is $1 Million.

 

Condos: The average purchase price for a condo in Summit County is $420,000. Of course, the price does vary by bedroom size with a 1 bedroom at an average of $300,000, 2 bedrooms at an average of $450,000 and 3 bedrooms averaging $600,000. Condos built 2000 and newer are averaging $687,000 and those built 1999 and older are averaging $380,000.

 

Town Homes: Something in between a home and a condo will cost an average of $670,000 in Summit County.  One can get into a 2 bedroom for an average of $445,000, a 3 bedroom for an average of $720,000 and a 4 bedroom for an average of $900,000.  Town homes built prior to 2000 are averaging a sold price at $600,000 and those built 2000 and up are averaging $835,000.

 

Interesting: The peak selling year for residential sales from 1/1-9/30 was 2006. Today the county is witnessing strong sales, yet those sales would have to increase by 28% to equal 2006’s. And, yet, the 2006 average sold price would have to increase 52% to equal the average sold price today.

 

All the above prices are average sold prices for sales this year between 1/1 – 9/30.

Crested Butte, Co Market Report – Fall 2017



Fall has arrived in Crested Butte along with the beautiful days and cool nights. There was a little snow on distant peaks this morning (oh no!), but it was gone before noon. This is a great time of year to be in Crested Butte. The streets and trails are less crowded and the colors just make you smile.

Our fall festival, Vinotok, is coming up next weekend and that usually signals the peak of fall colors. Come check it out if you haven’t seen it before. It is a wonderful tradition to be thankful for the bounty of summer and welcome the winter to come.

Things will slow down in the coming weeks as we get ready for what will hopefully be another snowy winter. Opening day for the ski area is Wednesday November 22nd. Season pass prices increase after October 8 so click here to buy yours today!
As you can see from the stats above, 2017 has been a good year for real estate sales in Crested Butte. August had the most closings of any month in the last 10 years! Let me know if you would like more information about any specific segment or property. I am happy to talk with you about what is happening in the area.

Please don’t hesitate to contact me if you need any information or assistance. I am happy to give you advice on planning a visit as well as answering real estate questions. Feel free to forward this newsletter to anyone who might be interested.

Hope to see you soon.

Introducing Our Real Estate Partner in Crested Butte

Molly Eldridge

Red Lady Realty

970-209-4234


RedLady Realty.com

” Molly understands that buying the perfect property requires someone to notify you as soon as it is for sale and that you will get the highest price for your property when you have timely information to make decisions. “

Crested Butte Vacation and Second Homes – Newest Listings 9/23/2017

Breckenridge opening day is November 10th!


Shape Up for Ski Season!

Ski and Snowboard season is right around the corner. You are probably thinking about getting your ski pass and whatever new gear you might need that didn’t make it through last season; BUT, what about getting in ski shape? We’ve created a list of our seven favorite exercises, compiled from numerous different workouts.

Read More

Book your winter stay in Breckenridge and save up to 40% on lodging!

Beat the ski season rush and save big by planning ahead! Book your ski-in/ski-out stay at Grand Timber Lodge and save up to 40%. Must book by 9/1/17 and stay anytime from 11/22/17-4/21/18. Based on availability. Restrictions and qualifications apply.

Book Now

Get Your Season Ski Passes Before the Prices Go Up!

It’s still pretty warm outside here in Breckenridge and we are betting it could be downright hot wherever you might be right now. But… Now is the time to get the best savings on season passes for the winter so bust open your piggy banks and bite the bullet because you probably aren’t going to get a better deal on a ski pass this winter.

Read More

2017 Breckenridge Strings, Cider & Sours!

For the first year ever, Strings, Ciders & Sours comes to Breckenridge, Colorado. With vendors offering a variety of ciders and sours, live music and delicious food pairings, this is an event you won’t want to miss!

Read More

Weekend Events 9.22.17

Strings, Ciders & Sours + The Breckenridge Film Fest are going on this weekend in Breckenridge! Don’t miss out on this event and all the fall foliage.

Read More


 

Introducing Our Partner in Breckenridge Colorado

Brian Donovan

Remax

970-390-9775

bdonovan@gmail.com

“I feel extremely fortunate to be a part of the Breckenridge communty!”