Summit County Real Estate Market Trends for November 2020

Image - Summit County Real Estate Market Trends for November 2020Land Title Guarantee Company recently released its monthly Summit County Real Estate Market Trends for November 2020. On a seasonal basis, November falls at the end of the busiest season of the year 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 November 2020 to the month of November in recent years, the totals were as follows:

  • November 2011 – $761,748,100 generated from 152 transactions
  • November 2012 – $74,734,600 generated from 215 transactions
  • November 2013 – $89,196,800 generated from 197 transactions
  • November 2014 – $104,587,700 generated from 216 transactions
  • November 2015 – $109,915,500 generated from 205 transactions
  • November 2016 – $184,563,658 generated from 268 transactions
  • November 2017 – $151,871,354 generated from 230 transactions
  • November 2018 – $153,815,804 generated from 227 transactions
  • November 2019 – $168,612,665 generated from 231 transactions
  • November 2020 – $355,464,800 generated from 394 transactions

In November 2020, the local real estate market continued mounting a fantastic turn-around from earlier setbacks caused by the Covid-19 pandemic lockdown in Colorado. The total dollar volume of sales in November 2020 increased an astounding 111% from November 2019. And, the number of real estate transactions in Summit County in November 2020 increased an equally amazing 71% from November 2019.

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

  • In October 2020, the number of real estate transactions in Summit County leaped 355% from October 2019, and the total dollar volume of sales in October 2020 surged 81% from October 2019.
  • In September 2020, the number of real estate transactions in Summit County increased 41% from September 2019, and the total dollar volume of sales in September 2020 increased 23% from September 2019.
  • In August 2020, the number of real estate transactions in Summit County increased 41% from August 2019, and the total dollar volume of sales in August 2020 increased 23% from July 2019.
  • In July 2020, the number of real estate transactions in Summit County increased 6% from July 2019, and the total dollar volume of sales in July 2020 increased 10% from July 2019.
  • In June 2020, the number of real estate transactions in Summit County decreased 32% from June 2019, and the total dollar volume of sales in June 2020 decreased 14% from June 2019.
  • In May 2020, the number of real estate transactions in Summit County decreased 59% from May 2019, and the total dollar volume of sales in May 2020 decreased 58% from May 2019.

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.

Silverthorne/Wildernest Condos for Sale
With Minimum of 2 Bedrooms

Start of list of properties

Dec 2nd, 10:00AM to 12:00PM
Open House Dec 2nd
25
3471 Ryan Gulch Road, #3471
Silverthorne, CO 80498
$600,000
For Sale
3
Beds
2
Baths
1,030
square feet,
BRAND NEW CARPET-FRESH PAINT! This light & bright 3 bedroom 2 bath condo has it all! Open-concept living, dining, and kitchen -p... (more)
# S1045088
Colorado R.e. Summit County
$600,000
For Sale
Residential
3 days on this site
Dec 1st, 1:00PM to 4:00PM
Dec 2nd, 10:00AM to 1:00PM
Open House Dec 1st
34
1080 Blue River Parkway, #202
Silverthorne, CO 80498
$1.15m
For Sale
2
Beds
2
Baths
1,083
square feet,
Located in a serene riverfront setting, this 4-year-old, like new, mountain contemporary 2 bedroom/2 bath condo offers stunning... (more)
# S1045016
Re/max Properties/69
$1,150,000
For Sale
Residential
6 days on this site
New - 13 days ago
35
2100 Lodge Pole Circle, #204
Silverthorne, CO 80498
$350,000
For Sale
2
Beds
1
Baths
758
square feet,
Welcome to Treehouse! Where you can find the best amenities in a local neighborhood for an incredible price. This 2-bed, 1-bath c... (more)
# S1044997
Colorado R.e. Summit County
$350,000
For Sale
Residential
13 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: 1st December, 2023 03:00 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.