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

May 19th, 4:00PM to 6:00PM
Open House May 19th
9
220 E La Bonte Street, #3
Dillon, CO 80435
$875,000
For Sale
3
Beds
3
Baths
1,121
square feet,
Experience the epitome of mountain living in this fully remodeled, furnished unit boasting breathtaking LakeFront Views. Situated... (more)
# S1048842
8z Real Estate
$875,000
For Sale
Residential
0 days on this site
New - today
50
25 Eagle Wings Trail
Silverthorne, CO 80498
$2.495m
For Sale
4
Beds
4
Baths
3,024
square feet,
Spectacular Custom Single Family Home with Unobstructed views of the Gore Range. This special property is located in a beautiful g... (more)
# S1049051
Keller Williams Top Of Rockies
$2,495,000
For Sale
Residential
0 days on this site
New - today
26
91200 Ryan Gulch Road, #91212
Silverthorne, CO 80498
$614,500
For Sale
2
Beds
2
Baths
888
square feet,
Discover your perfect mountain getaway at Timber Ridge Condos a beautifully updated 2-bedroom, 2-bathroom condo nestled at the ba... (more)
# S1049026
Pmi Summit Colorado
$614,500
For Sale
Residential
0 days on this site
New - today
23
100 Basecamp Way, #217
Frisco, CO 80443
$530,000
For Sale
1
Baths
661
square feet,
1
Garage
Right in the heart of Frisco! With the Whole Foods/Basecamp area just steps away and only a short walk, bike ride or drive to Ma... (more)
# S1049028
Colorado Mountain Homes
$530,000
For Sale
Residential
0 days on this site
New - today
31
420 S RIDGE Street, #E2
Breckenridge, CO 80424
$20,000
For Sale
2
Beds
3
Baths
1,037
square feet,
Rare Holiday ownership - Weeks 50, 51 (Christmas), 52 (New Years) being sold as a package. Imagine the memories you will make w... (more)
# S1049013
Jovan Inc.
$20,000
For Sale
Residential
0 days on this site
May 18th, 12:00PM to 3:00PM
Open House May 18th
34
645 S Park Avenue, #3402
Breckenridge, CO 80424
$925,000
For Sale
1
Beds
2
Baths
940
square feet,
Welcome to Village at Breckenridge, the best slope access location in Breckenridge! This 1-bed, 2-bath ski in/ski out condo unit... (more)
# S1048926
Keller Williams Top Of Rockies
$925,000
For Sale
Residential
0 days on this site
New - today
22
283 Range Road, #3
Blue River, CO 80424
$650,000
For Sale
2
Beds
2
Baths
1,132
square feet,
Nestled in a serene, private setting less than 7 miles from downtown Breckenridge, this charming 2 bed, 2 bath condo offers the... (more)
# S1048749
Coldwell Banker Mtn Properties
$650,000
For Sale
Residential
0 days on this site
New - today
20
1655 Airport Road, #7
Breckenridge, CO 80424
$420,000
For Sale
1
Beds
1
Baths
560
square feet,
Wonderful end unit condo conveniently located in Breckenridge! Great location in town and on the bus route with easy access to ski... (more)
# S1049019
Cornerstone Re Rocky Mountains
$420,000
For Sale
Residential
0 days on this site
May 18th, 10:00AM to 12:00PM
May 19th, 10:00AM to 12:00PM
Open House May 18th
35
311 S 3rd Avenue
Frisco, CO 80443
$1.815m
For Sale
3
Beds
3
Baths
2,178
square feet,
Welcome to your mountain home in the heart of Frisco! This delightful stand-alone residence is perfectly situated just two blocks ... (more)
# S1048917
Re/max Properties/66
$1,815,000
For Sale
Residential
0 days on this site
May 18th, 10:00AM to 4:00PM
Open House May 18th
45
204 Blue Ridge Road
Breckenridge, CO 80424
$1.175m
For Sale
2
Beds
2
Baths
1,092
square feet,
Adorable cabin in the mountains? Check! Stunning views of Breckenridge and the 10 Mile Range? Check! Deck to take in both? Check! ... (more)
# S1049027
Colorado R.e. Summit County
$1,175,000
For Sale
Residential
0 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: 05/17/2024 06:47 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.

Philip D Mervis

1 Comments

  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 […]