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 $75,000 5 days ago
37
451 Tanglewood Lane
Silverthorne, CO 80498
$1.7m
For Sale
7
Beds
4
Baths
3,734
square feet,
Big mountain views with an in-town feel. Welcome to 451 Tanglewood, a single family home perched just on the edge of the town of ... (more)
# SU1048055
Nelson Walley Real Estate
$1,700,000
For Sale
Residential
17 days on this site
Reduced by $100,000 5 days ago
42
209 Shores Lane
Breckenridge, CO 80424
$2.8m
For Sale
4
Beds
4
Baths
2,681
square feet,
The best unit and riverfront location in The Shores! Bring only your toothbrush, food and clothes. The home comes with virtually ... (more)
# SU1048065
Breckenridge Associates R.e.
$2,800,000
For Sale
Residential
18 days on this site
Apr 14th, 11:30AM to 5:00PM
Open House Apr 14th
11
100 Basecamp, #207
Frisco, CO 80443
$520,000
For Sale
1
Baths
571
square feet,
2017
Yr. Built
Discover the perfect blend of mountain tranquility and urban convenience at this Basecamp unit in the heart of Summit County, CO.... (more)
# SU1048031
Re/max Properties/69
$520,000
For Sale
Residential
21 days on this site
Reduced by $24,000 12 days ago
43
231 Kimmes Lane
Breckenridge, CO 80424
$1.075m
For Sale
3
Beds
2
Baths
1,261
square feet,
Recently renovated log cabin. Enjoy panoramic views from almost every room. The wrap-around deck is the perfect spot to enjoy your... (more)
# S1047948
Compass
$1,075,000
For Sale
Residential
26 days on this site
Reduced by $30,000 2 days ago
41
23 Clearwater Way Way, #207
Keystone, CO 80435
$1.365m
For Sale
2
Beds
2
Baths
1,160
square feet,
This luxurious, oversized Keystone condo offers an ideal balance of location, exquisite designer finishes, spacious rooms, ame... (more)
# S1047857
Omni R.e./frisco
$1,365,000
For Sale
Residential
29 days on this site
35
6952 Ryan Gulch Road, #6952
Silverthorne, CO 80498
$610,000
For Sale
2
Beds
2
Baths
912
square feet,
Welcome to your enchanting 2-bedroom, 2-bathroom townhome in Wildernest! This inviting retreat boasts a recently updated kitchen,... (more)
# S1047745
Summit Real Estate
$610,000
For Sale
Residential
30 days on this site
Reduced by $80,000 9 days ago
44
22 Snake River Road, #13
Keystone, CO 80435
$1.695m
For Sale
3
Beds
4
Baths
1,988
square feet,
Opportunity knocks with this rare to market 3Bd/4Ba duplex in Campfire Mountain Homes. Enjoy an open floorplan with vaulted tongue... (more)
# S1047858
Slifer Smith & Frampton R.e.
$1,695,000
For Sale
Residential
30 days on this site
Reduced by $50,000 3 days ago
22
165 Wheeler Place, #107
Copper Mountain, CO 80443
$870,000
For Sale
2
Beds
2
Baths
896
square feet,
STEPS from Copper Mountain Ski Resort's Super Bee chair lift and the 8th hole of the Copper Springs Golf course. Develop skills ne... (more)
# S1047818
Keller Williams Top Of Rockies
$870,000
For Sale
Residential
30 days on this site
Reduced by $20,000 11 days ago
36
44 Antlers Gulch Road, #A-1
Keystone, CO 80435
$1.595m
For Sale
3
Beds
3
Baths
1,811
square feet,
This Frey Gulch Townhome offers an unbeatable combination of convenience and comfort in Keystone. Situated on the west side of Key... (more)
# S1047863
Slifer Smith & Frampton R.e.
$1,595,000
For Sale
Residential
31 days on this site
Reduced by $25,000 2 days ago
38
2429 Ryan Gulch Court, #108
Silverthorne, CO 80498
$475,000
For Sale
2
Beds
1
Baths
788
square feet,
Welcome to your mountain retreat at Silver Queen East Condos! This updated two-bedroom residence offers an unparalleled experience... (more)
# S1047894
Exp Realty LLC - Resort Experts
$475,000
For Sale
Residential
31 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: 04/13/2024 04:47 PM
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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.