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

New To Site
$1,694,500
MLS# S1014387
For Sale
213 Larson Ln
Frisco, CO 80443
4 BR | 3.5 BA | 4,166 Sqft | Residential
Beautiful single family home in the Reserve at Frisco! This is one of the largest homes in the area and includes a fully finished basement with a bonus non-conforming 5th bedroom. The home features massive log accents, 3 fireplaces, an offi (more...)
Paffrath & Thomas R.E.S.C
New To Site
$1,099,000
MLS# S1014243
For Sale
514 Highwood Ter
Frisco, CO 80443
4 BR | 3 BA | 3,166 Sqft | Residential
Situated on 1 / 2 acre overlooking Frisco, the Continental Divide and Mount Royal. Set in an out of the way neighborhood, yet close to Main St. Four bedrooms, updated bathrooms, open floor plan with large kitchen offering remarkable views, (more...)
Slifer Smith & Frampton R.E.
$1,249,000
MLS# S1014061
For Sale
225 Emily Ln
Frisco, CO 80443
3 BR | 2.5 BA | 1,938 Sqft | Residential
Rare premium Frisco location on the county-wide rec path just steps to Main Street across the 3rd Ave pedestrian bridge. All the updates are here including maple hardwood floors, in-floor radiant heat, quartz, extensive outdoor living, imp (more...)
Slifer Smith & Frampton R.E.
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IDX Logo Property listing data provided by Summit County multiple listing service. Information last updated: July 22, 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: July 22, 2019 10:00 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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