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

New - Yesterday
41
220 E La Bonte Street, #323, 325, 327, 329
Dillon, CO 80435
$1.325m
For Sale
3
Beds
3
Baths
1,554
square feet,
Lake Front Views! Rarely do the lake front units come available at the popular Lodge at Lake Dillon. 3 bed/3 bath top floor cond... (more)
# S1050696
Thomas Properties Of Summit
$1,325,000
For Sale
Residential
1 days on this site
New - 2 days ago
14
933 Straight Creek Drive, #101
Dillon, CO 80435
$599,900
For Sale
3
Beds
2
Baths
1,007
square feet,
DILLON VALLEY EAST GEM Lower level end unit complete with fencing. New carpet in most rooms, fresh paint throughout, washer and ... (more)
# S1050694
Altitude Real Estate Services
$599,900
For Sale
Residential
2 days on this site
New - 6 days ago
33
615 Straight Creek Drive, #G 105
Dillon, CO 80435
$475,000
For Sale
2
Beds
2
Baths
739
square feet,
This 2-bedroom, 2-bathroom ground floor condominium allows easy access to the grassy common area right outside. Plenty of storag... (more)
# S1050634
Summit Resort Group
$475,000
For Sale
Residential
6 days on this site
New - 6 days ago
36
176 E La Bonte Street, #A-303
Dillon, CO 80435
$945,000
For Sale
2
Beds
2
Baths
1,020
square feet,
Welcome to Lake Cliffe Condos. This top-floor 2 bedroom 2 bathroom property offers a blend of modern comfort and scenic beauty wit... (more)
# S1050542
Re/max Properties/66
$945,000
For Sale
Residential
6 days on this site
New - 10 days ago
32
56 Cove Boulevard, #12
Dillon, CO 80435
$724,900
For Sale
2
Beds
2
Baths
1,150
square feet,
Sunny homes like this arent rare in Summit, but they are rare at this price. Lovely open plan from kitchen to dining to living r... (more)
# S1050459
The Gongloff Group
$724,900
For Sale
Residential
10 days on this site
45
140 E La Bonte Street, #302
Dillon, CO 80435
$800,000
For Sale
2
Beds
2
Baths
1,020
square feet,
Experience lakefront living in this charming 2 bedroom 2 bathroom condo in downtown Dillon. Step out your door and enjoy all the a... (more)
# S1048795
Colorado R.e. Summit County
$800,000
For Sale
Residential
16 days on this site
44
220 E La Bonte Street, #3
Dillon, CO 80435
$875,000
For Sale
3
Beds
3
Baths
1,121
square feet,
INTERIOR PHOTO GLITCH WILL BE RESOLVED AT 9AM Experience the epitome of mountain living in this fully remodeled, furnished unit b... (more)
# S1048842
8z Real Estate
$875,000
For Sale
Residential
27 days on this site
Reduced by $22,000 Yesterday
39
370 E La Bonte Street, #403
Dillon, CO 80435
$758,000
For Sale
3
Beds
2
Baths
1,068
square feet,
Welcome to this spacious three-bedroom condo with stunning mountain views in the heart of downtown Dillon! Nestled in a central lo... (more)
# S1048742
Omni Real Estate
$758,000
For Sale
Residential
39 days on this site
35
220 E La Bonte Street, #206, 208
Dillon, CO 80435
$649,000
For Sale
2
Beds
2
Baths
791
square feet,
Short Term Rental licenses are available! Now is your chance to own a beautiful 2bedroom/2bath, fully furnished condo at the Lod... (more)
# S1048643
Thomas Properties Of Summit
$649,000
For Sale
Residential
44 days on this site
Reduced by $20,000 3 days ago
44
505 Straight Creek Drive, #303
Dillon, CO 80435
$579,999
For Sale
3
Beds
2
Baths
998
square feet,
***Huge price reduction-seller motivated plus $10k seller concessions to buyer for closings cost or interest rate buy down! Hurry!... (more)
# S1048567
Exp Realty, LLC
$579,999
For Sale
Residential
49 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: 06/13/2024 09:47 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.