Summit County CO Market Analysis for November 2012

Land Title Guarantee Company just released its monthly Summit County real estate market analysis for November 2012. As it turns out, this is the best month for transaction numbers since April 2007 and also the best month for gross volume since September 2008.

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 November 2012 to the month of November in recent years, the totals were as follows:

  • November 2009 – $64,690,000 generated from 135 transactions
  • November 2010 – 60,172,900 generated from 141 transactions
  • November 2011 – $58,524,100 generated from 142 transactions
  • November 2012 – $66,866,100 generated from 154 transactions

Looking at these statistics, the number of real estate transactions in Summit County in November 2012 increased by 8% over November 2011. The total dollar volume of sales in November 2012 likewise increased 14% over November 2011.

To briefly recap results reported over prior months, in comparing October 2012 to October 2011, the number of transactions and total dollar volume of sales both increased massively. In September 2012, the number of Summit County real estate transactions decreased ever so slightly in comparison to September 2011, but the total dollar volume of sales in September 2012 increased 10% over September 2011. The number of Summit County real estate transactions and the total dollar volume of sales were both higher in August 2012 than in August 2011. Likewise, for Summit County real estate in July 2012, the number of real estate transactions and the total dollar volume of sales were both significantly higher over July 2011. The number of transactions in June 2012 increased slightly over June 2011, but the total dollar volume of sales decreased in June 2012 in comparison to June 2011. For Summit County real estate in May 2012, the market analysis included significant increases in both dollar volume and number of transactions over May 2011.

Looking at the year to date through November 30, there have been 1439 residential transactions thus far in 2012 and $685,695,800 in gross volume. During the comparable period of time in 2011 from January through November, there were only 1308 transactions and $622,604,100 in gross volume. As a result, the Summit County real estate market is now trending significantly upward this year.

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.

Summit County Homes for Sale with Price Drop in the Past Month

Start of list of properties

Reduced by $25,100 3 days ago
28
71 Illinois Gulch Road, #5
Breckenridge, CO 80424
$849,900
For Sale
2
Beds
3
Baths
1,311
square feet,
End Unit, No One Above, No One Below. Completely remodeled rare duplex (only one shared wall) with sweeping mountain views from... (more)
# S1045071
Cynthia Sells The Summit
$849,900
For Sale
Residential
8 days on this site
Dec 1st, 10:00AM to 5:00PM
Dec 2nd, 1:30PM to 5:00PM
Open House Dec 1st
28
160 E La Bonte Street, #102
Dillon, CO 80435
$740,000
For Sale
1
Beds
1
Baths
800
square feet,
Situated in the heart of Dillon, this first-floor oversized one-bedroom condominium offers the perfect blend of convenience, sce... (more)
# S1044979
Re/max Properties/69
$740,000
For Sale
Residential
21 days on this site
Reduced by $30,000 Yesterday
39
930 Blue River Parkway, #521
Silverthorne, CO 80498
$1.099m
For Sale
2
Beds
2
Baths
1,018
square feet,
Who doesn't love an end unit with extra windows, clean modern lines within walking distance to the river and the new evolving hea... (more)
# S1044974
Colorado R.e. Summit County
$1,099,000
For Sale
Residential
22 days on this site
32
473 Sherwood Trail
Breckenridge, CO 80424
$3m
For Sale
4
Beds
5
Baths
3,743
square feet,
MOTIVATED SELLER OFFERING RATE BUY-DOWN! NO HOA. Welcome to Goldhill Gates, the epitome of contemporary mountain living. Set on j... (more)
# S1044808
Exp Realty LLC - Resort Experts
$3,000,000
For Sale
Residential
25 days on this site
Reduced by $50,000 Yesterday
31
1525 Royal Buffalo Drive
Silverthorne, CO 80498
$1.435m
For Sale
3
Beds
3
Baths
1,837
square feet,
Who is looking for the perfect mountain home with FABULOUS LAKE and MOUNTAIN VIEWS and SUNSHINE GALORE? Look no further, you've ... (more)
# S1044944
Re/max Alliance
$1,435,000
For Sale
Residential
26 days on this site
Reduced by $125,000 2 days ago
24
1845 Highlands Drive
Breckenridge, CO 80424
$2.875m
For Sale
3
Beds
3
Baths
2,984
square feet,
Mountain Modern 3Bdr/3Ba located in the highly sought after Breckenridge Highlands Golf Course area. The open floor concept, rust... (more)
# S1044943
Colorado Realty 4 Less, LLC
$2,875,000
For Sale
Residential
27 days on this site
13
220 E La Bonte Street, #206, 208
Dillon, CO 80435
$675,000
For Sale
2
Beds
2
Baths
791
square feet,
This fully furnished one bedroom, two bathroom beauty is located right on the shores of Lake Dillon! This home comes with a non-... (more)
# S1044926
Listings.com
$675,000
For Sale
Residential
27 days on this site
Reduced by $100,000 Yesterday
40
930 Blue River Parkway, #625
Silverthorne, CO 80498
$1.149m
For Sale
2
Beds
2
Baths
1,043
square feet,
Amazing opportunity to own mountain modern 2 Bedroom condo within walking distance of the new Silverthorne downtown area and close... (more)
# S1044877
Slifer Smith & Frampton R.e.
$1,149,000
For Sale
Residential
28 days on this site
19
2100 Lodge Pole Circle, #G1
Silverthorne, CO 80498
$384,000
For Sale
2
Beds
1
Baths
758
square feet,
Amazing opportunity to own an investment property or your own mountain retreat. This 2-bedroom 1-bath condo is on the ground floor... (more)
# S1044931
Slifer Smith & Frampton R.e.
$384,000
For Sale
Residential
28 days on this site
Reduced by $25,000 9 days ago
28
120 Atlantic Lode Road, #3
Breckenridge, CO 80424
$700,000
For Sale
2
Beds
2
Baths
812
square feet,
Introducing a stunning 2-bedroom condo that combines the best of mountain living with modern comfort. This tastefully updated home... (more)
# S1044899
Coldwell Banker Mtn Properties
$700,000
For Sale
Residential
30 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: 1st December, 2023 03:00 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.