Summit County Real Estate Market Improves in May 2012

Land Title Guarantee Company recently released its monthly analysis of the Summit County real estate market. And, the numbers for May 2012 look pretty good!

As part the analysis, they looked at the monthly percentage change in total dollar volume & total number of real estate transactions across Summit County. Comparing May 2012 to the month of May in recent years, real estate transactions in Summit County rebounded significantly last month. The totals are as follows:

  • May 2009 – $63,752,300 generated from 88 transactions
  • May 2010 – $63,039,000 generated from 94 transactions
  • May 2011 – $56,177,600 generated from 107 transactions
  • May 2012 – $68,527,900 generated from 134 transactions

In specifically comparing this year to last year, the total dollar volume of transactions in May 2012 ($68,527,900) was 22% higher than in May 2011 ($56,177,600). Additionally, the total number of transactions in May 2012 (134) was 25% higher than in May 2011 (107). These are some pretty sharp increases! Hopefully, they confirm that cautious optimism is warranted for the Summit County real estate market, as previously discussed in my Fall 2011 post. If you’d like to see more data, please check out the full May 2012 Market Analysis for Summit County from LTGC.

If you’re looking to buy 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 with Price Drop in Last 2 Days

Start of list of properties

Reduced by $10,000 2 days ago
7
535 S Park Avenue, #222
Breckenridge, CO 80424
$530,000
For Sale
1
Baths
395
square feet,
1.07
Acres
Wonderful investment opportunity for a Short Term Rental! This fully furnished ski - in, ski-out condo is turn key and ready to p... (more)
# S1046604
Fixed Rate Real Estate
$530,000
For Sale
Residential
61 days on this site
Reduced by $5,000 2 days ago
35
91400 Ryan Gulch Road, #91409
Silverthorne, CO 80498
$60,000
For Sale
2
Beds
2
Baths
888
square feet,
Welcome to your slice of mountain paradise at Timber Ridge! Immerse yourself in the luxury of co-ownership with this incredible 1/... (more)
# S1045003
Exp Realty, LLC
$60,000
For Sale
Residential
160 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: 04/20/2024 05:47 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.

Philip D Mervis

2 Comments

  1. Summit County Market Analysis for August 2012 on January 1, 2013 at 1:19 pm

    […] 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 […]



  2. […] 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 […]