Summit County Real Estate Market Trends for May 2015

Land Title Guarantee Company recently released its monthly Summit County Real Estate Market Trends for May 2015. On a seasonal basis, May is on the cusp of the start of the busy season for real estate buyers and sellers. 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 May 2015 to the month of May in recent years, the totals were as follows:

  • May 2010 – $63,039,000 generated from 94 transactions
  • May 2011 – $56,177,600 generated from 107 transactions
  • May 2012 – $68,527,900 generated from 134 transactions
  • May 2013 – $81,043,900 generated from 158 transactions
  • May 2014 – $91,569,106 generated from 174 transactions
  • May 2015 – $116,330,500 generated from 205 transactions

Looking at these statistics, the local real estate market in May 2015 trended significantly upward in comparison to May 2014. The total dollar volume of sales in May 2015 increased a massive 27% from May 2014. The number of real estate transactions in Summit County in May 2015 experienced an upturn as well – up 18% from May 2014. As a result, the Summit County real estate market continued to build on the great start it had in 2015.

To recap Summit County real estate market trends in the last two months of 2014 and the first four months in 2015:

  • In April 2015, the number of real estate transactions in Summit County increased 31% from April 2014, and the total dollar volume of sales in April 2015 increased 55% from April 2014.
  • In March 2015, the number of real estate transactions in Summit County increased 25% from March 2014, and the total dollar volume of sales in March 2015 increased 37% from February 2014.
  • In February 2015, the number of real estate transactions in Summit County increased 28% from February 2014, and the total dollar volume of sales in February 2015 increased 25% from February 2014.
  • In January 2015, the number of real estate transactions in Summit County increased 25% from January 2014, and the total dollar volume of sales in January 2015 increased 28% from January 2014.
  • In December 2014, the number of real estate transactions in Summit County increased a whopping 32% from December 2013, and the total dollar volume of sales in December 2014 markedly trended upward about 14% from December 2013.
  • In November 2014, the number of real estate transactions in Summit County increased 19% from November 2013, and the total dollar volume of sales in November 2014 increased 16% from November 2013.

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.

Silverthorne/Wildernest Condos for Sale
With Minimum of 3 Bedrooms

Start of list of properties

New - 7 days ago
39
91400 Ryan Gulch Road, #91429
Silverthorne, CO 80498
$790,000
For Sale
3
Beds
3
Baths
1,183
square feet,
The smart buyer always chooses the best location and I'm here to help you make that easy--welcome to Timber Ridge high atop Wilder... (more)
# S1044539
Colorado R.e. Summit County
$790,000
For Sale
Residential
7 days on this site
37
4400 Lodge Pole Circle, #306
Silverthorne, CO 80498
$564,900
For Sale
3
Beds
2
Baths
1,008
square feet,
You've seen all the others. Now take a look at this one and ask yourself .... why am I in the mountains? The answer for most is s... (more)
# S1044380
Compass
$564,900
For Sale
Residential
15 days on this site
31
10000 Ryan Gulch Road, #G-315
Silverthorne, CO 80498
$695,000
For Sale
3
Beds
3
Baths
1,254
square feet,
Welcome to your new home, offering an abundance of space, privacy, and a prime location! This exceptional 3 bed, 3 bath reside... (more)
# S1044376
Keller Williams Top Of Rockies
$695,000
For Sale
Residential
15 days on this site
Sep 24th, 9:00AM to 11:00AM
Open House Sep 24th
30
10500 Ryan Gulch Road, #J-102
Silverthorne, CO 80498
$769,900
For Sale
3
Beds
3
Baths
1,394
square feet,
Immerse yourself in the beauty of the mountains with this 3 bed, 2.5 bath property located in the Wildernest neighborhood. This p... (more)
# S1044150
Keller Williams Top Of Rockies
$769,900
For Sale
Residential
23 days on this site
Reduced by $20,000 6 days ago
24
3471 Ryan Gulch Road, #3471
Silverthorne, CO 80498
$640,000
For Sale
3
Beds
2
Baths
1,030
square feet,
LOWEST PRICED 3-BEDROOM in all of Summit County. LOW HOA DUES. FRESHLY PAINTED INTERIOR ready for your personal touches. Enjoy coz... (more)
# S1044027
Colorado R.e. Summit County
$640,000
For Sale
Residential
44 days on this site
Reduced by $36,000 Yesterday
25
2452 Ryan Gulch Court, #303
Silverthorne, CO 80498
$699,000
For Sale
3
Beds
2
Baths
973
square feet,
Welcome to your mountain sanctuary in Wildernest, CO! This top floor three-bedroom, two-bathroom condo offers the perfect blend ... (more)
# S1042740
Re/max Properties/66
$699,000
For Sale
Residential
63 days on this site
17
21 W 5th Street, #204
Silverthorne, CO 80498
$1.295m
For Sale
3
Beds
2
Baths
1,489
square feet,
In.Habitance is an exciting new development that brings the urban lifestyle to the heart of the Rockies. This 3-bedroom features e... (more)
# S1042843
Slifer Smith & Frampton R.e.
$1,295,000
For Sale
Residential
63 days on this site
Sep 24th, 11:00AM to 2:00PM
Open House Sep 24th
34
95600 Ryan Gulch Road, #635
Silverthorne, CO 80498
$875,000
For Sale
3
Beds
2
Baths
1,281
square feet,
You will find massive mountain views from this top-of-the-world location. Expansive windows and soaring ceilings bring the outdoor... (more)
# S1040498
Re/max Properties/69
$875,000
For Sale
Residential
148 days on this site
30
89200 Ryan Gulch Road, #405
Silverthorne, CO 80498
$695,000
For Sale
3
Beds
2
Baths
1,129
square feet,
Nestled at the top of Wildernest & at the base of Buffalo Mountain, sits this cozy mountain condo in the Buffalo Ridge/Village de... (more)
# S1040318
Nelson Walley Real Estate
$695,000
For Sale
Residential
175 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 02:00 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.

Philip D Mervis

1 Comment

  1. […] May 2015, the number of real estate transactions in Summit County increased 18% from May 2014, and the total […]