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 - 13 days ago
22
519 Teller Street, #7
Frisco, CO 80443
$388,000
For Sale
2
Beds
1
Baths
676
square feet,
Come see this sunny lower level deed restricted condo located just a few blocks from Main Street, Frisco. Small complex with tw... (more)
# S1046640
Omni Real Estate
$388,000
For Sale
Residential
14 days on this site
19
220 Galena Street, #4
Frisco, CO 80443
$398,000
For Sale
2
Beds
1
Baths
691
square feet,
This deed restricted condo is beautifully remodeled with 2 bedrooms and 1 bath located just a half block to Frisco Main Street! Yo... (more)
# S1046638
Omni Real Estate
$398,000
For Sale
Residential
14 days on this site
35
503 E Main Street, #202
Frisco, CO 80443
$1.615m
For Sale
2
Beds
2
Baths
1,541
square feet,
Welcome to your modern mountain retreat on Main Street Frisco! This stunning 2-bedroom, 2-bathroom condo offers a perfect blend o... (more)
# S1046545
Liv Sotheby's I.r.
$1,615,000
For Sale
Residential
22 days on this site
27
1650 Lakeview Terrace, #205E
Frisco, CO 80443
$925,000
For Sale
2
Beds
2
Baths
1,045
square feet,
This is THE ONE! The perfect condo in the perfect spot, just steps away from the bike path and the shores of Lake Dillon. This ... (more)
# S1046272
Mountain Homes And Real Estate
$925,000
For Sale
Residential
58 days on this site
Reduced by $34,000 5 days ago
37
1660 S Lakeview Terrace, #202F
Frisco, CO 80443
$915,000
For Sale
2
Beds
2
Baths
1,045
square feet,
This two-bedroom condo in charming Frisco, Colorado, offers stunning views of Lake Dillon, providing a picturesque backdrop for... (more)
# S1046147
Berkshire Hathaway Homeservices Colorado Real Esta
$915,000
For Sale
Residential
81 days on this site
40
670 S 7th Avenue, #339-E
Frisco, CO 80443
$739,000
For Sale
2
Beds
1
Baths
715
square feet,
Fabulous, much sought-after, Mountain Side, 1bed+Loft Condo has BIG views of the forest and Peak One. Nestled on the south side... (more)
# S1044580
Summit Resort Group
$739,000
For Sale
Residential
162 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
428 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
550 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
550 days on this site
34
80 W Main Street, #103
Frisco, CO 80443
$1.75m
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)
# S1038670
Slifer Smith & Frampton R.e.
$1,750,000
For Sale
Residential
550 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: 03/01/2024 07:47 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.