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 - today
35
981 Lakepoint Drive, #D2
Frisco, CO 80443
$1m
For Sale
2
Beds
3
Baths
1,365
square feet,
Quite possibly the best location at Drake Landing! If you're looking for privacy & great views look no further. Amazing southern v... (more)
# S1040243
Colorado R.e. Summit County
$1,000,000
For Sale
Residential
0 days on this site
New - Yesterday
26
101 E Main Street, #204
Frisco, CO 80443
$1.185m
For Sale
2
Beds
2
Baths
1,446
square feet,
Fantastic Main St location. On quiet side of building. Common exercise room and outdoor hot tub with lovely views of Mt Royal and... (more)
# S1040071
Cornerstone Real Estate Co.
$1,185,000
For Sale
Residential
1 days on this site
New - 3 days ago
23
400 W Main Street, #201
Frisco, CO 80443
$1.075m
For Sale
2
Beds
2
Baths
1,015
square feet,
Spectacular Updated Woodbridge End Unit! This remodel includes beautiful hand scraped walnut floors, quartz counters, stacked ro... (more)
# S1040197
Keller Williams Top Of Rockies
$1,075,000
For Sale
Residential
3 days on this site
New - 6 days ago
16
730 N Summit Boulevard, #217
Frisco, CO 80443
$730,000
For Sale
1
Beds
2
Baths
771
square feet,
Spacious one bedroom 1 1/2 bath conveniently located in sought after Frisco. Well appointed with upstairs bedroom and full bath pl... (more)
# S1040152
Robert Hamilton Real Estate
$730,000
For Sale
Residential
6 days on this site
New - 7 days ago
23
309 S 3rd Avenue, #5
Frisco, CO 80443
$789,000
For Sale
2
Beds
1
Baths
1,099
square feet,
Looking for the perfect Frisco condo? Look no further. This spacious 2 bedroom condo is in the ideal location to take advantage of... (more)
# S1040145
Cornerstone Real Estate Co.
$789,000
For Sale
Residential
7 days on this site
5
670 S 7th Ave Avenue, #359
Frisco, CO 80443
$899,000
For Sale
2
Beds
3
Baths
998
square feet,
OPEN HOUSE SUNDAY MARCH 26 1:30-3:30 The perfect primary residence or weekend ski home in Friscos highly sought-after, Mountainsi... (more)
# S1040085
Exp Realty, LLC
$899,000
For Sale
Residential
14 days on this site
35
1640 Lakeview Terrace, #101D
Frisco, CO 80443
$999,000
For Sale
2
Beds
2
Baths
1,045
square feet,
Check out this 2 bedroom Frisco, CO condo with unobstructed views of Lake Dillon and the mountains. Featuring bamboo floors, gra... (more)
# S1040088
Re/max Properties/69
$999,000
For Sale
Residential
14 days on this site
35
500 Bills Ranch Road, #131
Frisco, CO 80443
$620,000
For Sale
1
Beds
1
Baths
602
square feet,
Everybody Loves Frisco. This updated gem is the perfect home base for the mountain lifestyle you are looking for. Walk to everywhe... (more)
# S1040087
Slifer Smith & Frampton R.e.
$620,000
For Sale
Residential
15 days on this site
27
1519 Point Drive, #C1519-
Frisco, CO 80443
$849,000
For Sale
2
Beds
2
Baths
1,123
square feet,
Arrive home after skiing one of the world class ski areas nearby or sailing on Lake Dillon, unload your toys in your garage, and... (more)
# S1040066
Summit Resort Group
$849,000
For Sale
Residential
17 days on this site
Mar 24th, 11:00AM to 3:00PM
Mar 25th, 10:00AM to 6:00PM
Open House Mar 24th
34
620 S 7th Avenue, #357
Frisco, CO 80443
$974,900
For Sale
3
Beds
2
Baths
999
square feet,
Fabulous remodel & fully furnished! Bathrooms new in '22! Kitchen new in '17! Granite slab, SS appliances, Alder cabinets; new f... (more)
# S1039966
Re/max Properties/66
$974,900
For Sale
Residential
32 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: 24th March, 2023 11:00 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.