Summit County Real Estate Market Trends for August 2013

Land Title Guarantee Company recently released its monthly Summit County real estate market analysis for August 2013. Historically, August is one of the busiest months of the year. The local real estate market in Summit County tends to see its highest level of activity during the summer months.

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 August 2013 to the month of August in recent years, the totals were as follows:

  • August 2008 – $92,825,200 generated from 183 transactions
  • August 2009 – $60,975,000 generated from 114 transactions
  • August 2010 – $79,753,200 generated from 117 transactions
  • August 2011 – $65,898,700 generated from 150 transactions
  • August 2012 – $68,804,575 generated from 159 transactions
  • August 2013 – $105,465,200 generated from 216 transactions

Looking at these statistics, August 2013 was simply a fantastic month for the local property market. The number of real estate transactions in Summit County in August 2013 posted a huge increase of 36% over August 2012. The total dollar volume of sales in August 2013 increased an amazing 53% over August 2012. For number of property transactions and total dollar volume, August 2013 was the best month of this year so far. It was also the best individual month of August since 2007. Overall, for the first eight months of 2013, Summit County is ahead by 22% in monetary volume ($521,770,800) and ahead 25% for total transactions (1,121) – in comparison to the same period in 2012.

To briefly recap results reported over prior months:

  • In July 2013, the number of real estate transactions in Summit County in July 2013 increased 23% over July 2012, and the total dollar volume of sales in July 2013 likewise increased 9% over July 2012.
  • In June 2013, the number of real estate transactions in Summit County in June 2013 spiked 28% over June 2012, and the total dollar volume of sales in June 2013 likewise surged 17% over June 2012.
  • In May 2013, the number of real estate transactions and total dollar volume of sales in Summit County both increased by 18% over May 2012.
  • In April 2013, the number of real estate transactions in Summit County increased by 19% over April 2012, and the total dollar volume of sales in April 2013 surged 22% over April 2012.
  • In March 2013, the number of real estate transactions in Summit County in March 2013 increased by an enormous 46% over March 2012. And, the total dollar volume of sales in March 2013 increased 25% over March 2012.
  • Turning to February 2013, the number of real estate transactions in Summit County in February 2013 increased by 16% over February 2012. However, the total dollar volume of sales in February 2013 decreased slightly by 6% over February 2012.
  • Finally, in January 2013, the total dollar volume of sales in January 2013 surged 33% over January 2012. Meanwhile, the number of real estate transactions in Summit County in January 2013 increased by 13% over January 2012.

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 with Price Reduction in Last 21 Days

Start of list of properties

Reduced by $65,000 Yesterday
29
22 Charter Ridge Court, #9
Breckenridge, CO 80424
$1.585m
For Sale
3
Beds
4
Baths
2,464
square feet,
Enjoy unobstructed mountain and ski area views from almost every room in this stunning 3 bed 3 1/2 bath duplex. Tastefully furnish... (more)
# S1044482
Coldwell Banker Mtn Properties
$1,585,000
For Sale
Residential
10 days on this site
Oct 1st, 1:00PM to 3:00PM
Open House Oct 1st
40
537 Moonstone Road
Breckenridge, CO 80424
$1.699m
For Sale
4
Beds
4
Baths
3,418
square feet,
Welcome to this exquisitely remodeled home nestled on a spacious, tree-filled 1/2 acre lot. Prepare to be captivated by the unpar... (more)
# S1044412
Homesmart
$1,699,000
For Sale
Residential
15 days on this site
Reduced by $72,000 2 days ago
39
94 High Meadow Drive
Dillon, CO 80435
$1.875m
For Sale
3
Beds
4
Baths
3,345
square feet,
Quality craftsmanship throughout this three bedroom single family home in Summerwood. Primary suite on the main level with a huge ... (more)
# S1044456
Slifer Smith & Frampton R.e.
$1,875,000
For Sale
Residential
15 days on this site
Reduced by $65,000 12 days ago
28
132 Alpine Road
Dillon, CO 80435
$885,000
For Sale
3
Beds
2
Baths
1,368
square feet,
This is your ticket to Single Family Home living in Summit County. Featuring a large, flat backyard, attached 1 car heated garag... (more)
# S1044487
Colorado R.e. Summit County
$885,000
For Sale
Residential
15 days on this site
Reduced by $11,000 8 days ago
20
4400 Lodge Pole Circle, #308
Silverthorne, CO 80498
$439,000
For Sale
2
Beds
1
Baths
817
square feet,
Meticulously maintained, this two-bedroom, one-bath Treehouse residence offers the perfect mountain retreat. This home has been... (more)
# S1044331
Slifer Smith & Frampton R.e.
$439,000
For Sale
Residential
16 days on this site
Reduced by $20,000 4 days ago
34
22714 Us Highway 6, #5982
Keystone, CO 80435
$795,000
For Sale
2
Beds
2
Baths
774
square feet,
Top floor condo at Hidden River Lodge. Vaulted ceilings give an airy feeling to this 2 bedroom / 2 bath condo. You can have the R... (more)
# S1044464
Colorado R.e. Summit County
$795,000
For Sale
Residential
17 days on this site
Oct 1st, 9:00AM to 12:00PM
Open House Oct 1st
31
10000 Ryan Gulch Road, #G-315
Silverthorne, CO 80498
$660,000
For Sale
3
Beds
3
Baths
1,254
square feet,
Welcome to your new home, offering an abundance of space, privacy, and a prime location! This exceptional 3 bed, 3 bath reside... (more)
# S1044376
Keller Williams Top Of Rockies
$660,000
For Sale
Residential
21 days on this site
Reduced by $24,000 8 days ago
33
4200 Lodge Pole Circle, #308
Silverthorne, CO 80498
$435,900
For Sale
2
Beds
1
Baths
817
square feet,
Wow, take advantage of this rare opportunity to own a loft unit on the highest point of the complex. This charming, spacious, a... (more)
# S1044326
Re/max Masters Millennium
$435,900
For Sale
Residential
23 days on this site
Reduced by $11,600 2 days ago
12
96 Red Cloud Peak Road
Dillon, CO 80435
$209,900
For Sale
2
Beds
2
Baths
960
square feet,
Priced for local living! Well-maintained 10-year-old home offers freshly painted exterior, washer and dryer, wider than average ... (more)
# S1044343
Keller Williams Mountain Properties
$209,900
For Sale
Residential
27 days on this site
25
34 Twenty Grand Court
Silverthorne, CO 80498
$775,000
For Sale
2
Beds
3
Baths
1,310
square feet,
Enjoy fantastic views of Continental Divide, Keystone & beyond from this spacious and bright 2 Bedroom/3Bath end-unit Townhome in... (more)
# S1044334
Keller Williams Top Of Rockies
$775,000
For Sale
Residential
27 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: 30th September, 2023 10:00 MST
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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.