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Summit County Real Estate Market Trends for January 2019

Summit County Real-Estate Market Trends for January 2019

Land Title Guarantee Company recently released its monthly Summit County Real Estate Market Trends for January 2019. On a seasonal basis, January falls right in the midst of the slower 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 January 2019 to the month of January in recent years, the totals were as follows:

  • January 2011 – $44,042,400 generated from 90 transactions
  • January 2012 – $42,663,800 generated from 102 transactions
  • January 2013 – $62,235,670 generated from 116 transactions
  • January 2014 – $53,073,051 generated from 107 transactions
  • January 2015 – $66,536,300 generated from 127 transactions
  • January 2016 – $63,231,650 generated from 124 transactions
  • January 2017 – $91,901,074 generated from 138 transactions
  • January 2018 – $87,565,946 generated from 146 transactions
  • January 2019 – $113,690,300 generated from 138 transactions

Looking at these statistics, the local real estate market in January 2019 had slightly mixed results in comparison to January 2018. The total dollar volume of sales in January 2019 increased 30% from January 2018. However, the number of real estate transactions in Summit County in January 2019 decreased 5% from January 2018.

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

  • In December 2018, the number of real estate transactions in Summit County decreased 23% from December 2017, and the total dollar volume of sales in December 2018 increased 6% from December 2017.
  • In November 2018, the number of real estate transactions in Summit County decreased 1% from November 2017, and the total dollar volume of sales in November 2018 increased 1% from November 2017.
  • In October 2018, the number of real estate transactions in Summit County decreased 27% from October 2017, and the total dollar volume of sales in October 2018 decreased 14% from October 2017.
  • In September 2018, the number of real estate transactions in Summit County increased 4% from September 2017, and the total dollar volume of sales in September 2018 increased 1% from September 2017.
  • In August 2018, the number of real estate transactions in Summit County increased 17% from August 2017, and the total dollar volume of sales in August 2018 increased 38% from August 2017.
  • In July 2018, the number of real estate transactions in Summit County decreased 17% from July 2017, and the total dollar volume of sales in July 2018 increased 2% from July 2017.

If you’re interested in buying a Summit County home, there are lots of great opportunities available. Please don’t hesitate to contact Philip for help.

Frisco Single Family Homes for Sale
With Minimum of 3 Bedrooms

$1,375,000
MLS# S1015829
For Sale
210 Lupine Ln
Frisco, CO 80443
4 BR | 4 BA | 3,421 Sqft | Residential
This beautiful mountain home is centrally located in Frisco, close to the commercial area yet in a quiet wooded area...a perfect location. When built, it was the winner of several awards given by the prestigious Summit Parade of Homes! The (more...)
Mountain Aire Properties
$1,568,000
MLS# S1015783
For Sale
253 Highwood Ter
Frisco, CO 80443
4 BR | 3.5 BA | 3,165 Sqft | Residential
Beautiful custom home with incredible outdoor space that sits on 0.5+ / - acres. This residence offers a main level master bedroom with a 5-piece bath, a large kitchen that flows into a huge living area with soaring ceilings and well-placed (more...)
Slifer Smith & Frampton R.E.
$1,725,000
MLS# S1015372
For Sale
233 Highwood Ter
Frisco, CO 80443
4 BR | 3.5 BA | 3,180 Sqft | Residential
Completely remodeled home in one of the most desirable neighborhoods in Frisco. High end mountain modern finishes and Gore Range views make this home a must see. The remodel nearly doubled the square footage making this home an excellent (more...)
Paffrath & Thomas R.E.S.C
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IDX Logo Property listing data provided by Summit County multiple listing service. Information last updated: November 20, 2019. 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: November 19, 2019 23:00 MST Service by Buying Buddy IDX CRM

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.

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