Summit County Real Estate Market Trends for October 2013

Land Title Guarantee Company recently released its monthly Summit County real estate market analysis for October 2013. On a seasonal basis, October is historically one of the busiest months of the year. The local real estate market in Summit County tends to see 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 October 2013 to the month of October in recent years, the totals were as follows:

  • October 2008 – $118,230,800 generated from 176 transactions
  • October 2009 – $92,709,100 generated from 160 transactions
  • October 2010 – $79,749,200 generated from 154 transactions
  • October 2011 – $67,816,300 generated from 161 transactions
  • October 2012 – $104,706,100 generated from 230 transactions
  • October 2013 – $110,993,800 generated from 241 transactions

Looking at these statistics, the local real estate market in October 2013 continued to trend upward, as it has in recent years. The number of real estate transactions in Summit County in October 2013 posted a modest increase of 5% over October 2012. The total dollar volume of sales in October 2013 posted a respectable increase of 6% over October 2012. For total dollar volume, October 2013 was the best month of this year so far. For number of transactions, October 2013 was the second best month of the year so far, coming in slightly behind September. It was also the best individual month of October since 2008.

Overall, for the first ten months of 2013, Summit County is ahead by 19% in monetary volume ($739,272,800) and ahead 25% for total transactions (1606) – in comparison to the same period in 2012.

To briefly recap results reported over prior months:

  • In September 2013, the number of real estate transactions in Summit County posted a whopping increase of 54% over September 2012, and the total dollar volume of sales in September 2013 increased a significant 21% over September 2012.
  • In August 2013, the number of real estate transactions in Summit County posted a huge increase of 36% over August 2012, and the total dollar volume of sales in August 2013 increased an amazing 53% over August 2012.
  • In July 2013, the number of real estate transactions in Summit County increased 23% over July 2012, and the total dollar volume of sales in July 2013 likewise increased 9% over July 2012.
  • In June 2013, the number of real estate transactions in Summit County spiked 28% over June 2012, and the total dollar volume of sales in June 2013 likewise surged 17% over June 2012.
  • In May 2013, the number of real estate transactions and total dollar volume of sales in Summit County both increased by 18% over May 2012.
  • In April 2013, the number of real estate transactions in Summit County increased by 19% over April 2012, and the total dollar volume of sales in April 2013 surged 22% over April 2012.
  • In March 2013, the number of real estate transactions in Summit County in March 2013 increased by an enormous 46% over March 2012. And, the total dollar volume of sales in March 2013 increased 25% over March 2012.
  • Turning to February 2013, the number of real estate transactions in Summit County in February 2013 increased by 16% over February 2012. However, the total dollar volume of sales in February 2013 decreased slightly by 6% over February 2012.
  • Finally, in January 2013, the total dollar volume of sales in January 2013 surged 33% over January 2012. Meanwhile, the number of real estate transactions in Summit County in January 2013 increased by 13% over January 2012.

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.

New Silverthorne/Wildernest Real Estate Listings – Last 30 Days

Start of list of properties

New - today
39
121 Fishermans Drive
Heeney, CO 80498
$910,000
For Sale
2
Beds
2
Baths
1,216
square feet,
Welcome to 121 Fishermans Drive, the only waterfront home on Green Mountain Reservoir a waterskiing and wake/surfboard dream @ ov... (more)
# S1050965
Nest Seekers Colorado LLC
$910,000
For Sale
Residential
0 days on this site
New - today
45
205 Game Trail Road
Silverthorne, CO 80498
$3.999m
For Sale
6
Beds
8
Baths
4,798
square feet,
This mountain home is truly one of a kind. Striking architecture in a mature aspen grove and views for miles. Impeccably designed... (more)
# S1050893
Coldwell Banker Mtn Properties
$3,999,000
For Sale
Residential
0 days on this site
New - today
11
220 Buffalo Mountain Drive, #5B
Silverthorne, CO 80498
$435,000
For Sale
2003
Yr. Built
GOT STORAGE? This is a large, heated warehouse space in a prime Silverthorne location, central to all your projects and right ac... (more)
# S1050880
Re/max Properties/66
$435,000
For Sale
Commercial Sale
0 days on this site
New - today
48
1149 Royal Buffalo Drive Drive
Silverthorne, CO 80498
$1.839m
For Sale
4
Beds
4
Baths
2,934
square feet,
Discover your mountain paradise in this stunning 4-bedroom, 4-bathroom log cabin home nestled in the heart of Summit County. Cent... (more)
# S1050929
Cornerstone Real Estate Co.
$1,839,000
For Sale
Residential
0 days on this site
New - Yesterday
34
198 Topaz Road
Silverthorne, CO 80498
$2.5m
For Sale
5
Beds
6
Baths
4,176
square feet,
Discover your mountain retreat in Ruby Ranch, a distinctive community nestled at the base of the majestic Gore Range near Silvert... (more)
# S1049132
Cornerstone Real Estate Co.
$2,500,000
For Sale
Residential
1 days on this site
New - Yesterday
20
58A W 3rd Street, #58A
Silverthorne, CO 80498
$1.04m
For Sale
2
Beds
3
Baths
1,156
square feet,
Discover the epitome of urban Silverthorne luxury in this premium end unit. Soak in the views from the hot tub on the rooftop deck... (more)
# S1050759
Slifer Smith & Frampton R.e.
$1,040,000
For Sale
Residential
1 days on this site
New - Yesterday
50
274 Pearl Lane
Silverthorne, CO 80498
$2.7m
For Sale
3
Beds
4
Baths
3,267
square feet,
Beautifully situated among the Aspen and Pine Trees, this home provides unmatched privacy and tranquility! The heart of the home ... (more)
# S1050861
Omni Real Estate
$2,700,000
For Sale
Residential
1 days on this site
New - Yesterday
9
220 Buffalo Mountain Drive, #B104
Silverthorne, CO 80498
$750,000
For Sale
2003
Yr. Built
Rare warehouse condo in the heart of Summit County. This is an extremely sought after property type in the area. Features include ... (more)
# S1050877
Breckenridge Associates R.e.
$750,000
For Sale
Commercial Sale
1 days on this site
New - Yesterday
13
1301 Adams Avenue, #123
Silverthorne, CO 80498
$1.2m
For Sale
2
Beds
3
Baths
1,332
square feet,
Arrowleaf brings some of the largest new construction townhomes to Silverthorne. This modern mountain townhome will be the perfect... (more)
# S1050875
Breckenridge Associates R.e.
$1,200,000
For Sale
Residential
1 days on this site
New - Yesterday
12
1301 Adams Avenue, #101
Silverthorne, CO 80498
$1.555m
For Sale
3
Beds
4
Baths
2,229
square feet,
Arrowleaf features some of the largest new construction townhomes in Silverthorne. This three bed, four bath homes includes a low... (more)
# S1050810
Breckenridge Associates R.e.
$1,555,000
For Sale
Residential
1 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: 06/21/2024 10:47 PM
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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.