Summit County Real Estate Market Trends for May 2017

Photo of Sunset Reflected in Lake DillonLand Title Guarantee Company recently released its monthly Summit County Real Estate Market Trends for May 2017. On a seasonal basis, May falls right at the end of the 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 May 2017 to the month of May in recent years, the totals were as follows:

  • May 2011 – $56,177,600 generated from 107 transactions
  • May 2012 – $73,173,000 generated from 145 transactions
  • May 2013 – $94,375,050 generated from 165 transactions
  • May 2014 – $96,773,950 generated from 181 transactions
  • May 2015 – $116,330,500 generated from 205 transactions
  • May 2016 – $114,889,906 generated from 197 transactions
  • May 2017 – $126,580,300 generated from 197 transactions

Looking at these statistics, the local real estate market in May 2017 trended upward from May 2016. The total dollar volume of sales in May 2017 increased 10% from May 2016. Otherwise, the number of real estate transactions in Summit County in May 2017 remained identical to May 2016. In sum, the Summit County real estate market continues to move in a positive direction.

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

  • In April 2017, the number of real estate transactions in Summit County increased 22% from April 2016, and the total dollar volume of sales in April 2017 surged ahead 28% from April 2016.
  • In March 2017, the number of real estate transactions in Summit County surged 31% from March 2016, and the total dollar volume of sales in March 2017 increased by a whopping 43% from March 2016.
  • In February 2017, the number of real estate transactions in Summit County decreased 8% from February 2016, and the total dollar volume of sales in February 2017 increased by 6% from February 2016.
  • In January 2017, the number of real estate transactions in Summit County increased 11% from January 2016, and the total dollar volume of sales in January 2017 increased by 45% from January 2016.
  • In December 2016, the number of real estate transactions in Summit County dropped 13% from December 2015, and the total dollar volume of sales in December 2016 decreased by 68% from December 2015.
  • In November 2016, the number of real estate transactions in Summit County increased 31% from November 2015, and the total dollar volume of sales in November 2016 increased by 68% from November 2015.

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 Condominiums for Sale
With Minimum of 3 Bedrooms

$999,999
MLS# S1004900
For Sale
120 N 7th Ave , Unit 18
Frisco, CO 80443
3 BR | 3.5 BA | 2,035 Sqft | Residential
HUGE PRICE IMPROVEMENT! Fabulous Frisco residence in much sought after Main Street Location! Walk to the marina, jump on the bike path, or stroll Main Street! Relax in your private hot tub and enjoy the great mountain views! Entertain fa (more...)
Re/Max Properties/66
$535,000
MLS# S1007077
For Sale
670 S 7th Ave , Unit 359
Frisco, CO 80443
3 BR | 2 BA | 998 Sqft | Residential
Updated 2 bedroom PLUS loft ready for YOU for the ski season. Beautiful new wood floors through out this top floor unit with vaulted ceilings and views to the South. New counter tops through out. Don't miss this comfortable mountain get a (more...)
Kelly Lloyd Real Estate
$1,500,000
MLS# S1006268
For Sale
1101 9000 Divide Rd , Unit 205
Frisco, CO 80443
3 BR | 4 BA | 2,766 Sqft | Residential
Huge Price Reduction! Lakeside magnificence!You've never seen anything like this in Colorado; 2766 sq ft...all on 1 level with panoramic views from the octagon-shaped great room and over-sized deck(s).Frisco's premiere lakefront property.Sl (more...)
Summit Real Estate Service
$725,000
MLS# S1006017
For Sale
601 Galena St , Unit C
Frisco, CO 80443
3 BR | 3 BA | 1,836 Sqft | Residential
You have not seen anything like this in Frisco before! Amazing unit with lots of versatility and space. Loft lives like a 3rd bedroom PLUS office / study or Rec space. New engineered hardwood flooring thru out main level. Beautifully mai (more...)
Breckenridge Associates R.E.
$949,000
MLS# S1004816
For Sale
30 Watertower Way , Unit C 203
Frisco, CO 80443
3 BR | 3 BA | 1,716 Sqft | Residential
Excellent lofted 3 bedroom residence. Being sold turnkey and easy to show. Original owner and in great shape. Pet friendly. Wonderful oversized spa on private deck. This delivers the Frisco Main Street lifestyle with everything just a (more...)
LIV SOTHEBY'S I.R.
IDX Logo Property listing data provided by Summit County multiple listing service. Information last updated: January 17, 2018. 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: January 17, 2018 09:00 MST Service by My 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.

[custom_field field="subdivision" this_post="1" limit="0" between=", " /]
[gravityform id="28" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[custom_field field="subdivision" this_post="1" limit="0" between="
[custom_field field="subdivision" this_post="1" limit="0" between="
" /]
" /]
[custom_field field="subdivision" this_post="1" limit="0" between=", " /]
[gravityform id="12" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[gravityform id="33" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[gravityform id="31" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[custom_field field="subdivision" this_post="1" limit="0" between=", " /]
[gravityform id="28" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[custom_field field="subdivision" this_post="1" limit="0" between="
[custom_field field="subdivision" this_post="1" limit="0" between="
" /]
" /]
[custom_field field="subdivision" this_post="1" limit="0" between=", " /]
[gravityform id="12" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[custom_field field="subdivision" this_post="1" limit="0" between=", " /]
[gravityform id="28" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[custom_field field="subdivision" this_post="1" limit="0" between=", " /]
[gravityform id="28" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[custom_field field="subdivision" this_post="1" limit="0" between=", " /]
[gravityform id="28" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[custom_field field="subdivision" this_post="1" limit="0" between="
[custom_field field="subdivision" this_post="1" limit="0" between="
" /]
" /]
[custom_field field="subdivision" this_post="1" limit="0" between=", " /]
[gravityform id="12" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[custom_field field="subdivision" this_post="1" limit="0" between="
[custom_field field="subdivision" this_post="1" limit="0" between="
" /]
" /]
[custom_field field="subdivision" this_post="1" limit="0" between=", " /]
[gravityform id="12" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[custom_field field="subdivision" this_post="1" limit="0" between="
[custom_field field="subdivision" this_post="1" limit="0" between="
" /]
" /]
[custom_field field="subdivision" this_post="1" limit="0" between=", " /]
[gravityform id="12" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[gravityform id="31" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[gravityform id="31" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[gravityform id="31" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[gravityform id="31" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[gravityform id="31" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[gravityform id="30" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[custom_field field="subdivision" this_post="1" limit="0" between=", " /]
[gravityform id="12" title="false" description="false" ajax=”true”]
  • This field is for validation purposes and should be left unchanged.
[custom_field field="subdivision" this_post="1" limit="0" between="
[custom_field field="subdivision" this_post="1" limit="0" between="
" /]
" /]