Summit County CO Market Analysis for May 2013

Land Title Guarantee Company recently released its monthly Summit County CO market analysis for May 2013. Historically, May is a quiet time for real estate transactions, as the local market begins a slow, steady climb toward its summer peak. However, dollar volume for Summit County real estate transactions in May 2013 actually outpaced either June, July or August 2012.

As part of its analysis, LTGC provided the monthly percentage change in total dollar volume & total number of real estate transactions across Summit County. Comparing May 2013 to the month of May in recent years, the totals were as follows:

  • May 2009 – $63,752,300 generated from 88 transactions
  • May 2010 – $63,039,000 generated from 94 transactions
  • May 2011 – $56,177,600 generated from 107 transactions
  • May 2012 – $68,527,900 generated from 134 transactions
  • May 2013 – $81,043,900 generated from 158 transactions

Looking at these statistics, the number of real estate transactions in Summit County in May 2013 posted an increase of 18% over May 2012. The total dollar volume of sales in May 2013 likewise surged 18% over May 2012. For number of property transactions and total dollar volume, May 2013 was also the best month of May since 2008.

Overall, for the past 5 months of 2013, Summit County is ahead by 18% for monetary volume ($286,155,600) and ahead 21% transaction wise (610) – in comparison to the same period in 2012. To briefly recap results reported over prior months, in April 2013, the number of real estate transactions in Summit County increased by 19% over April 2012, and the total dollar volume of sales in April 2013 surged 22% over April 2012. In March 2013, the number of real estate transactions in Summit County in March 2013 increased by an enormous 46% over March 2012. And, the total dollar volume of sales in March 2013 increased 25% over March 2012. Turning to February 2013, the number of real estate transactions in Summit County in February 2013 increased by 16% over February 2012. However, the total dollar volume of sales in February 2013 decreased slightly by 6% over February 2012. Finally, in January 2013, the total dollar volume of sales in January 2013 surged 33% over January 2012. Meanwhile, the number of real estate transactions in Summit County in January 2013 increased by 13% over January 2012.

If you’re interested in buying a Summit County home, there are of course plenty of great opportunities available. Please don’t hesitate to contact Philip for help.

New Construction Currently Listed for Sale in Summit County

Start of list of properties

Reduced by $11,600 2 days ago
12
96 Red Cloud Peak Road
Dillon, CO 80435
$209,900
For Sale
2
Beds
2
Baths
960
square feet,
Priced for local living! Well-maintained 10-year-old home offers freshly painted exterior, washer and dryer, wider than average ... (more)
# S1044343
Keller Williams Mountain Properties
$209,900
For Sale
Residential
27 days on this site
17
610 Columbine Road, #6409
Breckenridge, CO 80424
$1.385m
For Sale
1
Beds
2
Baths
791
square feet,
RARE TOP FLOOR 1-bedroom unit in Water House, the newest downtown condo complex in Breckenridge. Unit features: 2-minute walk to ... (more)
# S1044306
Compass
$1,384,900
For Sale
Residential
28 days on this site
27
302 N MAIN Street
Breckenridge, CO 80424
$2.495m
For Sale
3
Beds
3
Baths
1,952
square feet,
Check out this turn-key, mountain home that is customized for Breckenridge living! This 3-bedroom, 2.5-bathroom, single-family ... (more)
# S1044101
Woodwinds Realty, Inc.
$2,495,000
For Sale
Residential
48 days on this site
40
1003 Boreas Pass Road
Breckenridge, CO 80424
$3.975m
For Sale
4
Beds
5
Baths
4,557
square feet,
Nestled adjacent to the heart of downtown Breckenridge, just past the ice arena and only a short stroll to Main Street, sits 100... (more)
# S1042925
Nelson Walley Real Estate
$3,975,000
For Sale
Residential
64 days on this site
40
201 S Pine Street
Breckenridge, CO 80424
$4.995m
For Sale
5
Beds
7
Baths
4,011
square feet,
Contemporary mountain elegance in the heart of Breckenridge. Majestic views of the town and surrounding mountains frame this stunn... (more)
# S1039944
Slifer Smith & Frampton R.e.
$4,995,000
For Sale
Residential
223 days on this site
Property listing data provided by Summit County multiple listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. The sale offering is made subject to errors, omissions, change of price, prior sale or withdrawal without notice.
Listing Data last updated: 30th September, 2023 09:00 MST
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The market analysis information and representations regarding market analysis above are based in whole or in part on information provided by Land Title Guarantee Company. Although the information above is believed to be true and correct, the information cannot be guaranteed. Therefore, neither SummitRealtor.com nor Land Title Guarantee Company can in any way be held responsible for its accuracy. The data above does not reflect all real estate activity in the market.