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 $12,000 2 days ago
36
32 Corinthian Circle, #101
Dillon, CO 80435
$885,000
For Sale
2
Beds
2
Baths
1,142
square feet,
Step into your fully remodeled 2-bedroom, 2-bath condo via a unique private entrance. The ground floor end unit location with wal... (more)
# S1051318
Slifer Smith & Frampton R.e.
$885,000
For Sale
Residential
10 days on this site
Reduced by $90,000 6 days ago
46
460 Belford Street
Frisco, CO 80443
$1.81m
For Sale
3
Beds
3
Baths
1,838
square feet,
Discover pride of ownership in this beautifully updated single-family home nestled in the heart of Frisco within the desirable Mou... (more)
# S1051202
Re/max Properties/66
$1,810,000
For Sale
Residential
12 days on this site
Reduced by $125,000 6 days ago
33
417 CR 674
Breckenridge, CO 80424
$1.45m
For Sale
3
Beds
5
Baths
2,633
square feet,
Perched on a serene mountainside, this picturesque home offers beautiful views of Quandary and Red Mountain, nestled amidst towe... (more)
# S1051196
Cornerstone Real Estate Co.
$1,450,000
For Sale
Residential
14 days on this site
Reduced by $10,000 9 days ago
15
89410 Ryan Gulch Road, #303E
Silverthorne, CO 80498
$330,000
For Sale
1
Baths
370
square feet,
7.76
Acres
Buffalo Village is more than just a place to live it's a lifestyle that celebrates nature, relaxation, and community. One of th... (more)
# S1051025
Exp Realty LLC - Resort Experts
$330,000
For Sale
Residential
16 days on this site
24
82 Wheeler Circle, #218C
Copper Mountain, CO 80443
$90,000
For Sale
1
Beds
1
Baths
637
square feet,
Dreaming of blue skies and snow or wildflowers and woodlands? This turn-key property is ready for you and your guests to enjoy all... (more)
# S1050997
Re/max Properties/69
$90,000
For Sale
Residential
19 days on this site
Reduced by $12,000 11 days ago
39
121 Fishermans Drive
Heeney, CO 80498
$898,000
For Sale
2
Beds
2
Baths
1,216
square feet,
Welcome to 121 Fishermans Drive, a rare waterfront home in Summit County. The perfect location for outdoor enthusiasts, offering... (more)
# S1050965
Nest Seekers Colorado LLC
$898,000
For Sale
Residential
22 days on this site
Reduced by $100,000 9 days ago
36
70 River Run Road, #201
Keystone, CO 80435
$1.795m
For Sale
4
Beds
4
Baths
2,091
square feet,
Welcome to Jackstraw Flats, an expansive condo nestled in a stunning mountain setting just steps from the lifts at Keystone Resor... (more)
# S1050888
Compass
$1,795,000
For Sale
Residential
22 days on this site
Reduced by $145,000 Yesterday
38
140 BRADDOCK Drive
Breckenridge, CO 80424
$2.95m
For Sale
4
Beds
3
Baths
3,277
square feet,
This newly built residence in Ten Mile Vista boasts luxurious finishes and a thoughtfully designed open layout, perfect for moder... (more)
# S1050925
Slifer Smith & Frampton R.e.
$2,950,000
For Sale
Residential
22 days on this site
3
57 Copper Circle, #204
Copper Mountain, CO 80443
$747,500
For Sale
1
Beds
1
Baths
748
square feet,
Location! Location! Location! The Lodge at Copper is tucked into the trees at the base of Copper Mountain's ski, bike & hiking t... (more)
# S1050926
Carbonate Real Estate
$747,500
For Sale
Residential
23 days on this site
Reduced by $20,000 Yesterday
27
220 E La Bonte Street, #119
Dillon, CO 80435
$660,000
For Sale
2
Beds
2
Baths
777
square feet,
Lakefront living at its finest! Rarely do lake facing units at the popular Lodge at Lake Dillon become available. This is your cha... (more)
# S1050528
Summit Real Estate
$660,000
For Sale
Residential
23 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: 07/14/2024 02:47 AM
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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.