Summit County Real Estate Market Trends for December 2014

Land Title Guarantee Company recently released its monthly Summit County Real Estate Market Trends for December 2014. On a seasonal basis, December usually sees a significant drop-off in real estate activity, since it’s in the midst of the holiday season. The local real estate market in Summit County tends to see its highest level of activity during the summer and early fall.

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 December 2014 to the month of December in recent years, the totals were as follows:

  • December 2009 – $102,685,700 generated from 178 transactions
  • December 2010 – $70,755,100 generated from 154 transactions
  • December 2011 – $61,627,700 generated from 140 transactions
  • December 2012 – $87,217,800 generated from 185 transactions
  • December 2013 – $69,685,806 generated from 132 transactions
  • December 2014 – $79,465,900 generated from 174 transactions

Looking at these statistics, the local real estate market in December 2014 trended upward significantly in comparison to December 2013. The number of real estate transactions in Summit County in December 2014 increased a staggering 32% from December 2013. The total dollar volume of sales in December 2014 also markedly trended upward about 14% from December 2013.

In briefly reflecting on the full year of 2014 property sales in Summit County, it certainly appears the local real estate market continued to build on the momentum of recent years. Market values remained stable with averages prices for single family homes and multi-family dwellings both rising 4% over 2013. For the entire year, the total dollar volume of sales in Summit County increased about 8% over 2013, and the total number of transactions in 2014 increased about 7% over 2013.

To recap Summit County real estate market trends throughout each month of 2014:

  • In November 2014, the number of real estate transactions in Summit County increased 19% from November 2013, and the total dollar volume of sales in November 2014 increased 16% from November 2013.
  • In October 2014, the number of real estate transactions in Summit County increased 5% from October 2013, and the total dollar volume of sales in October 2014 increased 6% from October 2013.
  • In September 2014, the number of real estate transactions in Summit County increased 11% from September 2013, and the total dollar volume of sales in September 2014 increased 19% from September 2013.
  • In August 2014, the number of real estate transactions in Summit County increased 26% from August 2013, and the total dollar volume of sales in August 2014 increased 32% from August 2013.
  • In July 2014, the number of real estate transactions in Summit County increased 26% from July 2013, and the total dollar volume of sales in July 2014 increased 32% from July 2013.
  • In June 2014, the number of real estate transactions in Summit County increased 6% from June 2013, and the total dollar volume of sales in June 2014 increased 1% from June 2013.
  • In May 2014, the number of real estate transactions in Summit County increased 10% from May 2013, and the total dollar volume of sales in May 2014 increased 13% from May 2013.
  • In April 2014, the number of real estate transactions in Summit County decreased 13% in comparison to April 2013, and the total dollar volume of sales in April 2014 decreased 7% from April 2013.
  • In March 2014, the number of real estate transactions in Summit County increased 1% in comparison to March 2013, and the total dollar volume of sales in March 2014 increased a huge 30% from March 2013.
  • In February 2014, the number of real estate transactions in Summit County decreased 10% in comparison to February 2013, and the total dollar volume of sales in February 2014 decreased 1% from February 2013.
  • In January 2014, the number of real estate transactions in Summit County decreased 6% in comparison to January 2013, and the total dollar volume of sales in January 2014 decreased 2% from January 2013.

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 Condos for Sale
With 4 Bedrooms

Start of list of properties

New - Yesterday
7
707 Frisco Street, #4, 5
Frisco, CO 80443
$1.6m
For Sale
4
Beds
2
Baths
1,368
square feet,
Don't miss this INCREDIBLE INVESTMENT opportunity right in the heart of Frisco! This well maintained duplex sits on over a half an... (more)
# S1051467
Colorado Mountain Homes
$1,600,000
For Sale
Residential
1 days on this site
New - Yesterday
9
709 Frisco Street, #6, 7
Frisco, CO 80443
$1.6m
For Sale
4
Beds
2
Baths
1,364
square feet,
Don't miss this INCREDIBLE INVESTMENT opportunity right in the heart of Frisco! This well maintained duplex sits on over a half an... (more)
# S1051470
Colorado Mountain Homes
$1,600,000
For Sale
Residential
1 days on this site
Jul 14th, 11:00AM to 1:00PM
Open House Jul 14th
44
37 Tally Ho Court, #116
Dillon, CO 80435
$1.175m
For Sale
4
Beds
3
Baths
2,008
square feet,
This beautifully updated and spacious 4-bedroom townhouse-style unit is a gem located conveniently close to Keystone, Lake Dillon... (more)
# S1051254
Colorado R.e. Summit County
$1,175,000
For Sale
Residential
12 days on this site
New - 12 days ago
49
127 Torrey Lane, #A2
Dillon, CO 80435
$2.325m
For Sale
4
Beds
3
Baths
2,321
square feet,
Mountain views that exceed anything you have seen hovering 300 feet above Lake Dillon on a mountain cliff with vistas from Keyston... (more)
# S1050991
Bergman Realty Group
$2,325,000
For Sale
Residential
12 days on this site
27
85 Wheeler Place, #305
Copper Mountain, CO 80443
$1.65m
For Sale
4
Beds
3
Baths
1,555
square feet,
One of the largest condos in Copper Mountain, Colorado! This RARE 4 bedroom / 3 bath condo is located in Copper Mountain's highl... (more)
# S1050953
Carbonate Real Estate
$1,650,000
For Sale
Residential
15 days on this site
Reduced by $100,000 9 days ago
36
70 River Run Road, #201
Keystone, CO 80435
$1.795m
For Sale
4
Beds
4
Baths
2,091
square feet,
Welcome to Jackstraw Flats, an expansive condo nestled in a stunning mountain setting just steps from the lifts at Keystone Resor... (more)
# S1050888
Compass
$1,795,000
For Sale
Residential
22 days on this site
50
111 Clearwater Way, #305
Keystone, CO 80435
$1.679m
For Sale
4
Beds
4
Baths
1,792
square feet,
Special top floor penthouse on 2 levels with direct unimpeded views of the Keystone ski area and Snake River Protected wetlands fr... (more)
# S1050685
Slifer Smith & Frampton R.e.
$1,679,000
For Sale
Residential
22 days on this site
Jul 14th, 11:00AM to 3:00PM
Open House Jul 14th
44
610 Tenderfoot Street, #46
Dillon, CO 80435
$1.995m
For Sale
4
Beds
4
Baths
1,786
square feet,
Enjoy lakefront relaxation at this top-floor Lake Dillon waterfront retreat. Enhance your morning coffees and evening meals with v... (more)
# S1048992
Liv Sotheby's I.r.
$1,995,000
For Sale
Residential
25 days on this site
29
620 Four Oclock Road, #336
Breckenridge, CO 80424
$2.8m
For Sale
4
Beds
4
Baths
1,654
square feet,
This beautifully updated true ski in/out four bed and four bath unit is ready for the next owner! This turnkey unit offers three d... (more)
# S1048878
Exp Realty, LLC - Breck Life Group
$2,800,000
For Sale
Residential
50 days on this site
42
37 Tally Ho Court, #116
Dillon, CO 80435
$1.175m
For Sale
4
Beds
3
Baths
2,008
square feet,
This beautifully updated and spacious 4-bedroom townhouse-style unit is a gem located conveniently close to Keystone, Lake Dillon... (more)
# S1047807
Colorado R.e. Summit County
$1,175,000
For Sale
Residential
128 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: 07/14/2024 02:47 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.