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

37
325 Lake Dillon Drive, #306
Dillon, CO 80435
$859,000
For Sale
2
Beds
3
Baths
977
square feet,
Welcome to 325 Lake Dillon Dr, Unit 306 your gateway to mountain living at its finest. This two-bedroom, three-bathroom condo o... (more)
# S1046297
Christie`s International Real Estate Co LLC
$859,000
For Sale
Residential
37 days on this site
Reduced by $20,000 Yesterday
40
140 E La Bonte Street, #301
Dillon, CO 80435
$750,000
For Sale
2
Beds
2
Baths
1,020
square feet,
Top-level 2BR/2BA condo nestled in the sought-after Lake Cliffe complex, where the tranquil beauty of Lake Dillon meets the conve... (more)
# S1046174
Omni Real Estate
$750,000
For Sale
Residential
48 days on this site
Reduced by $15,000 10 days ago
13
220 E La Bonte Street, #206, 208
Dillon, CO 80435
$660,000
For Sale
2
Beds
2
Baths
791
square feet,
This fully furnished one bedroom, two bathroom beauty is located right on the shores of Lake Dillon! This home comes with a non-... (more)
# S1044926
Listings.com
$660,000
For Sale
Residential
112 days on this site
Reduced by $25,000 9 days ago
40
140 E La Bonte Street, #102
Dillon, CO 80435
$850,000
For Sale
2
Beds
2
Baths
1,020
square feet,
NEW PRICE! This is a tastefully updated & furnished 2 bedroom/2 bath ground floor Lake Cliffe condo surrounded by spacious common ... (more)
# S1044895
Summit Resort Group
$850,000
For Sale
Residential
115 days on this site
38
614 Tenderfoot Street, #24
Dillon, CO 80435
$1.39m
For Sale
2
Beds
2
Baths
1,054
square feet,
TRUE AND RARE LAKEFRONT SETTING! Located right on the shores of Lake Dillon, this nicely updated two-bed, two-bath condo has it ... (more)
# S1044842
Colorado Mountain Homes
$1,390,000
For Sale
Residential
122 days on this site
Reduced by $13,223 4 days ago
40
32 Corinthian Circle, #102
Dillon, CO 80435
$845,777
For Sale
2
Beds
2
Baths
1,142
square feet,
Lake Dillon and The Ten Mile Range Views are what dream views are made of. This 2 bedroom, 2 bath condo is a first floor unit, ... (more)
# S1044789
Slifer Smith & Frampton R.e.
$845,777
For Sale
Residential
130 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
253 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
293 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 February, 2024 02:00 MST
Equal Housing Opportunity
Service by Buying Buddy® IDX CRM
Copyright © 2003 - 2024 Buying Buddy. All rights reserved.

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.