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 - Yesterday
40
670 S 7th Avenue, #339
Frisco, CO 80443
$739,000
For Sale
2
Beds
1
Baths
715
square feet,
Fabulous and much sought-after, Mountain Side E-Building 1bed+Loft condo, with BIG views of the forest and Peak One. Nestled on ... (more)
# S1044580
Summit Resort Group
$739,000
For Sale
Residential
1 days on this site
New - 2 days ago
30
951 Lakepoint Drive, #C5
Frisco, CO 80443
$659,000
For Sale
1
Beds
2
Baths
832
square feet,
Get ready to check all of your boxes! This spacious 1 bedroom, 2 bathroom condo at Drake Landing comes with a deeded, detached 1... (more)
# S1044573
Keller Williams Top Of Rockies
$659,000
For Sale
Residential
2 days on this site
17
715 S 5th Avenue, #130
Frisco, CO 80443
$625,000
For Sale
1
Beds
1
Baths
660
square feet,
One of the best locations in Frisco. This ground floor One Bedroom condo at Mountain Side has been completely updated with newer k... (more)
# S1044226
Keller Williams Top Of Rockies
$625,000
For Sale
Residential
32 days on this site
Reduced by $50,000 3 days ago
37
481A W Main Street, #A-201
Frisco, CO 80443
$2.189m
For Sale
2
Beds
4
Baths
2,424
square feet,
Don't miss out on the largest residence in this exclusive, 10-unit Main Street development, completed in 2017 and consisting of ... (more)
# S1042938
Coldwell Banker Mtn Properties
$2,189,000
For Sale
Residential
55 days on this site
40
120 N 7th Avenue, #3
Frisco, CO 80443
$2.1m
For Sale
4
Beds
5
Baths
3,256
square feet,
One of a kind townhome, 4 master suites, 3 car garage, beautiful finishes and wonderful views to surrounding peaks. Centrally l... (more)
# S1042856
Re/max Properties/66
$2,100,000
For Sale
Residential
62 days on this site
35
400 W Main Street, #102
Frisco, CO 80443
$849,900
For Sale
2
Beds
2
Baths
946
square feet,
Enjoy the amazing views of Mt. Royal from the deck of this quaint mountain getaway. This freshly painted 1st floor condo features ... (more)
# S1040470
Liv Sotheby's I.r.
$849,900
For Sale
Residential
160 days on this site
38
1660 Lakeview Terrace, #204F
Frisco, CO 80443
$975,000
For Sale
2
Beds
2
Baths
1,045
square feet,
Looking for breathtaking views & a prime location in Summit County? Watch video tour https://youtu.be/vqGLe67_qeE Look no further ... (more)
# S1039686
Re/max Properties/69
$975,000
For Sale
Residential
254 days on this site
35
80 W Main Street, #210
Frisco, CO 80443
$1.809m
For Sale
2
Beds
2
Baths
1,329
square feet,
Resting at the base of Mount Royal in the high-mountain enclave of Frisco, Colorado, 9097' Flats provides Summit County with its... (more)
# S1038718
Slifer Smith & Frampton R.e.
$1,809,000
For Sale
Residential
267 days on this site
34
80 W Main Street, #101
Frisco, CO 80443
$1.76m
For Sale
2
Beds
2
Baths
1,347
square feet,
Resting at the base of Mount Royal in the high-mountain enclave of Frisco, Colorado, 9097' Flats provides Summit County with its... (more)
# S1038593
Slifer Smith & Frampton R.e.
$1,760,000
For Sale
Residential
389 days on this site
34
80 W Main Street, #102
Frisco, CO 80443
$1.76m
For Sale
2
Beds
3
Baths
1,347
square feet,
Resting at the base of Mount Royal in the high-mountain enclave of Frisco, Colorado, 9097' Flats provides Summit County with its... (more)
# S1038669
Slifer Smith & Frampton R.e.
$1,760,000
For Sale
Residential
389 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 September, 2023 00:00 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.