Summit County Real Estate Market Trends for December 2016

Land Title Guarantee Company recently released its monthly Summit County Real Estate Market Trends for December 2016. On a seasonal basis, December falls in the midst of the holiday drop-off in activity that follows the busy season for local real estate. The Summit County real estate market generally has 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 2016 to the month of December in recent years, the totals were as follows:

  • December 2010 – $70,755,100 generated from 154 transactions
  • December 2011 – $66,168,700 generated from 147 transactions
  • December 2012 – $88,152,000 generated from 188 transactions
  • December 2013 – $75,615,706 generated from 138 transactions
  • December 2014 – $90,305,80 generated from 186 transactions
  • December 2015 – $141,435,873 generated from 276 transactions
  • December 2016 – $122,880,919 generated from 203 transactions

Looking at these statistics, the local real estate market in December 2016 decreased in comparison with December 2015. The total dollar volume of sales in December 2016 dropped 13% from the numbers posted in December 2015. And, the number of real estate transactions in Summit County in December 2016 decreased 26% from December 2015.

Overall, from a year-end perspective, real estate sales in Summit County finished up 2016 with 3% increase in monetary volume ($1,408,666,800) in comparison with 2015. The number of transactions for 2016 (2486) was down about 2% from 2015. Generally, 2016 real estate numbers were very close to those in 2015. Especially when you consider other recent years from the past decade, 2016 was another good year for the Summit County real estate market.

To recap Summit County real estate market trends from recent months:

  • In November 2016, the number of real estate transactions in Summit County increased 31% from November 2015, and the total dollar volume of sales in November 2016 increased by 68% from November 2015.
  • In October 2016, the number of real estate transactions in Summit County decreased 7% from October 2015, and the total dollar volume of sales in October 2016 decreased by 5% from October 2015.
  • In September 2016, the number of real estate transactions in Summit County decreased 1% from September 2015, and the total dollar volume of sales in September 2016 increased by 5% from September 2015.
  • In August 2016, the number of real estate transactions in Summit County increased 6% from August 2015, and the total dollar volume of sales in August 2016 decreased by 2% from August 2015.
  • In July 2016, the number of real estate transactions in Summit County increased 6% from July 2015, and the total dollar volume of sales in July 2016 decreased by 11% from July 2015.
  • In June 2016, the number of real estate transactions in Summit County decreased 16% from June 2015, and the total dollar volume of sales in June 2016 decreased by 13% from June 2015.

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.

Frisco Condos for Sale
With Minimum of 1 Bedroom

Start of list of properties

New - 2 days ago
35
105 Lusher Court, #204
Frisco, CO 80443
$666,225
For Sale
1
Beds
1
Baths
564
square feet,
BRAND NEW MARKET RATE RESIDENCE WITH NO DEED RESTRICTIONS! With its central Frisco location, Basecamp Lofts provides the mountain... (more)
# S1051374
Slifer Smith & Frampton R.e.
$666,225
For Sale
Residential
2 days on this site
New - 2 days ago
35
105 Lusher Court, #202
Frisco, CO 80443
$696,347
For Sale
1
Beds
1
Baths
590
square feet,
BRAND NEW MARKET RATE RESIDENCE WITH NO DEED RESTRICTIONS! With its central Frisco location, Basecamp Lofts provides the mountain... (more)
# S1051373
Slifer Smith & Frampton R.e.
$696,347
For Sale
Residential
2 days on this site
New - 5 days ago
37
120 N 7th Avenue, #5
Frisco, CO 80443
$1.5m
For Sale
2
Beds
3
Baths
1,645
square feet,
Nestled in the heart of Frisco, this highly sought-after, sunlit, turn-key condo offers the feel of a townhome! Spread across m... (more)
# S1051309
Slifer Smith & Frampton R.e.
$1,500,000
For Sale
Residential
6 days on this site
New - 9 days ago
19
216 Pitkin Street, #3
Frisco, CO 80443
$740,000
For Sale
3
Beds
1
Baths
884
square feet,
Charming Mountain Condo in Frisco Welcome to your perfect mountain retreat! This beautifully renovated 3-bedroom, 1-bath condo is... (more)
# S1051271
Christie`s International Real Estate Co LLC
$740,000
For Sale
Residential
9 days on this site
New - 13 days ago
32
755 S 5th Avenue, #214
Frisco, CO 80443
$914,900
For Sale
3
Beds
2
Baths
1,168
square feet,
Get ready to live in your dream home at the highly coveted Mountain Side Community! This amazing condo, situated on the 2nd level... (more)
# S1051155
Keller Williams Top Of Rockies
$914,900
For Sale
Residential
13 days on this site
31
310 S 8th Avenue, #A
Frisco, CO 80443
$1.15m
For Sale
2
Beds
2
Baths
953
square feet,
Amazing in-town location with this 2 bedrooms/2 bathrooms ground floor condo in Boulevard Bend in Frisco. This condo features gran... (more)
# S1051097
Christie`s International Real Estate Co LLC
$1,150,000
For Sale
Residential
15 days on this site
29
1101 9000 DIVIDE Road, #203
Frisco, CO 80443
$1.675m
For Sale
2
Beds
3
Baths
1,603
square feet,
Seize this rare opportunity to own a lakefront mountain residence, perfectly situated in a front-row location on Lake Dillon in F... (more)
# S1051038
Slifer Smith & Frampton R.e.
$1,675,000
For Sale
Residential
15 days on this site
Jul 12th, 12:00AM to 12:00AM
Open House Jul 12th
41
120 N 7th Avenue, #19
Frisco, CO 80443
$1.65m
For Sale
3
Beds
4
Baths
2,031
square feet,
This 3 bedroom condo is 1/2 block off Main Street and steps to the Frisco Marina. There are vaulted ceilings, extra large bedroom... (more)
# S1051016
Exp Realty LLC - Resort Experts
$1,650,000
For Sale
Residential
16 days on this site
37
114 Beaver Lodge Road, #213
Frisco, CO 80443
$1.2m
For Sale
3
Beds
3
Baths
1,636
square feet,
Lakeside living in Frisco at its best! Enjoy lake and mountain views from this 3 bedroom, 3 bathroom Bay Club condo, just steps... (more)
# S1050538
Liv Sotheby's I.r.
$1,200,000
For Sale
Residential
24 days on this site
31
1101 9000, #406
Frisco, CO 80443
$895,000
For Sale
1
Beds
1
Baths
996
square feet,
Dont miss this 1-bedroom + den in the coveted Timberline Cove complex. This top-floor unit boasts 10ft ceilings, large picture wi... (more)
# S1050467
Liv Sotheby's I.r.
$895,000
For Sale
Residential
34 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: 07/11/2024 10:47 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.