Summit County CO Market Analysis for October 2012

Land Title Guarantee Company just released its monthly Summit County real estate market analysis for October 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 October 2012 to the month of October in recent years, the totals were as follows:

  • October 2009 – $92,709,100 generated from 160 transactions
  • October 2010 – $79,749,200 generated from 154 transactions
  • October 2011 – $67,816,300 generated from 161 transactions
  • October 2012 – $104,706,100 generated from 230 transactions

Looking at these statistics, the number of real estate transactions in Summit County in October 2012 increased by an amazing 43% over October 2011. The total dollar volume of sales in October 2012 likewise increased 54% over October 2011.

To briefly recap results reported over prior months, 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 October 31, there have been 1285 residential transactions in 2012 and $618,829,700 in gross volume. During the comparable period of time in 2011 from January through October, there were only 1166 transactions and $564,080,000 in gross volume. So, 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 Listings Added Within Last 3 Weeks

Start of list of properties

New - today
29
82 Wheeler Circle, #317B-5
Copper Mountain, CO 80443
$13,900
For Sale
2
Beds
2
Baths
1,111
square feet,
3 Week DEEDED Ownership in this beautiful Copper Mountain Resort condo! Generous floor plan with over 1, 100 square feet, living... (more)
# S1045100
Carbonate Real Estate
$13,900
For Sale
Residential
0 days on this site
New - today
9
23110 US Highway 6, #5054
Keystone, CO 80435
$430,000
For Sale
1
Baths
432
square feet,
4.12
Acres
Look no further for your perfect walk to the slope's studio. Ski slope views tops the list of this condo's features. Amazing ameni... (more)
# S1045096
Cornerstone Re Rocky Mountains
$430,000
For Sale
Residential
0 days on this site
New - 3 days ago
28
433 Wild Irishman Road, #1022
Keystone, CO 80435
$819,000
For Sale
3
Beds
2
Baths
1,091
square feet,
Here is your opportunity to get into the best priced three bedroom in Keystone! This Wild Irishman unit is nicely updated with new... (more)
# S1045092
Your Castle Summit, LLC
$819,000
For Sale
Residential
3 days on this site
New - 3 days ago
40
122 Lupine Lane
Frisco, CO 80443
$2.45m
For Sale
4
Beds
4
Baths
3,729
square feet,
Nestled in Frisco, Colorado, this 4-bed, 3.5-bath mountain rustic home, just 5 minutes from downtown, spans 3, 792 sq ft. Cen... (more)
# S1045084
Coldwell Banker Mtn Properties
$2,450,000
For Sale
Residential
3 days on this site
Dec 2nd, 10:00AM to 12:00PM
Open House Dec 2nd
25
3471 Ryan Gulch Road, #3471
Silverthorne, CO 80498
$600,000
For Sale
3
Beds
2
Baths
1,030
square feet,
BRAND NEW CARPET-FRESH PAINT! This light & bright 3 bedroom 2 bath condo has it all! Open-concept living, dining, and kitchen -p... (more)
# S1045088
Colorado R.e. Summit County
$600,000
For Sale
Residential
3 days on this site
New - 5 days ago
40
965 N Ten Mile Drive, #A6
Frisco, CO 80443
$1.1m
For Sale
2
Beds
3
Baths
1,359
square feet,
Welcome to your escape into the mountains in this centrally located Frisco townhome. With 2 bedrooms and a loft that can function ... (more)
# S1045079
Nelson Walley Real Estate
$1,100,000
For Sale
Residential
5 days on this site
New - 6 days ago
24
1006 Atlantic Lode Road, #1006
Breckenridge, CO 80424
$795,000
For Sale
2
Beds
2
Baths
1,433
square feet,
This spacious townhome is being offered at $95K below the last sale! The unit is offered fully furnished and is turnkey (sheets, ... (more)
# S1045085
Jovan Inc.
$795,000
For Sale
Residential
6 days on this site
Dec 2nd, 1:00PM to 3:00PM
Open House Dec 2nd
39
3764 Ski Hill Road
Breckenridge, CO 80424
$4.5m
For Sale
4
Beds
5
Baths
4,103
square feet,
Discover Mountain Luxury & contemporary Elegance in Breckenridge. Expertly crafted by New West Partners. Nestled in the heart of B... (more)
# S1045068
Liv Sotheby's I.r.
$4,500,000
For Sale
Residential
6 days on this site
New - 6 days ago
38
0180 Tennis Club Road, #1637
Keystone, CO 80435
$650,000
For Sale
2
Beds
1
Baths
966
square feet,
Easy to show. Take a short walk to Lakeside Village or catch the bus to be first on the slopes in this spacious condo. This compl... (more)
# S1045080
Exp Realty LLC - Resort Experts
$650,000
For Sale
Residential
6 days on this site
New - 6 days ago
30
172 BEELER Place, #114B
Copper Mountain, CO 80443
$195,000
For Sale
2
Beds
2
Baths
900
square feet,
13 Week (Deeded) Ownership Opportunity - The Cirque is Copper's dedicated Quarter-Ownership (and most amenity-rich) property. Gat... (more)
# S1044951
Real Estate At Copper Mountain
$195,000
For Sale
Residential
6 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
Equal Housing Opportunity
Service by Buying Buddy® IDX CRM
Copyright © 2003 - 2023 Buying Buddy. All rights reserved.

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.

Philip D Mervis

1 Comment

  1. […] 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 […]