Summit County Real Estate Market Trends for February 2016

Land Title Guarantee Company recently released its monthly Summit County Real Estate Market Trends for February 2016. On a seasonal basis, February falls squarely in the middle of the seasonally slow winter season for local real estate. The Summit County real estate market 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 February 2016 to the month of February in recent years, the totals were as follows:

  • February 2010 – $36,036,515 generated from 66 transactions
  • February 2011 – $38,516,800 generated from 90 transactions
  • February 2012 – $43,683,600 generated from 81 transactions
  • February 2013 – $45,837,653 generated from 97 transactions
  • February 2014 – $44,671,060 generated from 91 transactions
  • February 2015 – $50,326,500 generated from 106 transactions
  • February 2016 – $66,997,100 generated from 126 transactions

Looking at these statistics, the local real estate market in February 2016 surged ahead in comparison to February 2015. The total dollar volume of sales in February 2016 increased a whopping 33% from February 2015. Meanwhile, the number of real estate transactions in Summit County in February 2016 likewise jumped ahead by 19% from February 2015. As a result, the second month of 2016 showed a terrific increase over Summit County real estate market numbers established in February 2015.

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

  • In January 2016, the number of real estate transactions in Summit County decreased 2% from January 2015, and the total dollar volume of sales in January 2016 likewise decreased 5% from January 2015.
  • In December 2015, the number of real estate transactions in Summit County surged ahead 48% from December 2014, and the total dollar volume of sales in December 2015 increased a whopping 57% from December 2014.
  • In November 2015, the number of real estate transactions in Summit County decreased 5% from November 2014, and the total dollar volume of sales in November 2015 increased 5% from November 2014.
  • In October 2015, the number of real estate transactions in Summit County increased 7% from October 2014, and the total dollar volume of sales in October 2015 surged ahead 21% from October 2014.
  • In September 2015, the number of real estate transactions in Summit County sharply increased 25% from September 2014, and the total dollar volume of sales in September 2015 surged ahead 49% from September 2014.
  • In August 2015, the number of real estate transactions in Summit County sharply increased 25% from August 2014, and the total dollar volume of sales in August 2015 surged ahead 49% from August 2014.
  • In July 2015, the number of real estate transactions in Summit County remained flat in comparison to July 2014, and the total dollar volume of sales in July 2015 increased 23% from July 2014.

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.

Dillon Condominiums for Sale
With Minimum of 2 Bedrooms

Start of list of properties

38
414 Tenderfoot Street, #8
Dillon, CO 80435
$899,000
For Sale
3
Beds
2
Baths
996
square feet,
VIEWS, VIEWS, VIEWS! This two story, 3 bedroom, 2 bath, end unit condo is lake front on Lake Dillon. Community boasts wonderf... (more)
# S1044413
Pulse Real Estate Group
$899,000
For Sale
Residential
15 days on this site
Reduced by $20,000 12 days ago
22
390 Straight Creek Drive, #305
Dillon, CO 80435
$575,000
For Sale
2
Beds
3
Baths
1,105
square feet,
Totally remodeled corner unit on ground floor at Orofino Condos. This large 2 bedroom/3 bath unit has been newly upgraded with ne... (more)
# S1044322
Key To The Rockies
$575,000
For Sale
Residential
23 days on this site
20
240 E La Bonte Street, #10
Dillon, CO 80435
$595,000
For Sale
2
Beds
2
Baths
784
square feet,
Experience the best of mountain living in this updated and turnkey condo. Situated on the top floor, the open layout welcomes abu... (more)
# S1044210
Cornerstone Real Estate Co.
$595,000
For Sale
Residential
30 days on this site
Reduced by $20,000 7 days ago
40
148 Summit Drive, #A4
Dillon, CO 80435
$675,000
For Sale
2
Beds
2
Baths
1,134
square feet,
**New Price PLUS a $10, 000 Seller Credit for Improvements/Upgrades...with an acceptable offer.** Welcome home to Lake Haus! Check... (more)
# S1042833
Liv Sotheby's I.r.
$675,000
For Sale
Residential
63 days on this site
Reduced by $11,000 12 days ago
25
120 Cove Boulevard, #203
Dillon, CO 80435
$689,000
For Sale
2
Beds
2
Baths
1,074
square feet,
Great opportunity to own in the heart of Summit County. Updates include quartz countertops, bamboo flooring, and stainless steel... (more)
# S1042753
Breckenridge Associates R.e.
$689,000
For Sale
Residential
71 days on this site
26
317 W La Bonte Street, #109
Dillon, CO 80435
$975,000
For Sale
3
Beds
3
Baths
1,686
square feet,
Beautiful & spacious 3 BD, 3 BA unit in Spinnaker Condos lower level with a walk out to the yard from the LR & the master bedroo... (more)
# S1041246
Pmi Summit Colorado
$975,000
For Sale
Residential
100 days on this site
Reduced by $13,000 6 days ago
35
220 E La Bonte Street, #130
Dillon, CO 80435
$829,000
For Sale
2
Beds
3
Baths
1,094
square feet,
This condo is right in the heart of The Town of Dillon. Stroll, bike or jog around the lake shore on the rec path right behind yo... (more)
# S1040536
Omni R.e./frisco
$829,000
For Sale
Residential
140 days on this site
35
72 Corinthian Circle, #204
Dillon, CO 80435
$875,000
For Sale
2
Beds
2
Baths
1,142
square feet,
Just...wow the views! Dillon Bay Condos are centrally located near five world class ski resorts, as well as hiking, biking, gol... (more)
# S1040671
Slifer Smith & Frampton R.e.
$875,000
For Sale
Residential
140 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.