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

Feb 25th, 1:00PM to 4:00PM
Open House Feb 25th
40
740 Blue River Parkway, #D23
Silverthorne, CO 80498
$1.159m
For Sale
2
Beds
2
Baths
1,040
square feet,
RIVER FRONT 2 BEDROOM CONDO READY FOR IMMEDIATE MOVE IN!!!!!! This 2 bedroom 2 bathroom river front floor plan was delivered in Ja... (more)
# S1046691
Colorado R.e. Summit County
$1,159,000
For Sale
Residential
0 days on this site
New - today
10
337 Spring Beauty Drive
Silverthorne, CO 80498
$550,000
For Sale
0.35
Acres
Build your dream home on one of the last available lots in the area! This 0.35 acre property has great views and is conveniently l... (more)
# S1046685
Exp Realty, LLC
$550,000
For Sale
Land
0 days on this site
New - Yesterday
32
9800 Ryan Gulch Road, #107
Silverthorne, CO 80498
$439,000
For Sale
2
Beds
2
Baths
818
square feet,
Welcome to Buffalo Ridge - the views are better here! Situated at the top of Wildernest, enjoy the panoramic mountain views from ... (more)
# S1046667
Liv Sotheby's I.r.
$439,000
For Sale
Residential
1 days on this site
New - 2 days ago
40
28 Blue Moon Trail, #
Silverthorne, CO 80498
$465,000
For Sale
3
Beds
5
Baths
3,655
square feet,
Quarter Share Opportunity! Welcome to Hamilton Creek, where breathtaking views create the ultimate mountain retreat. This excepti... (more)
# S1046589
Liv Sotheby's I.r.
$465,000
For Sale
Residential
2 days on this site
New - 6 days ago
38
302 Kestrel Lane, #302
Silverthorne, CO 80498
$1.095m
For Sale
2
Beds
3
Baths
1,577
square feet,
Discover mountain living at its finest with this thoughtfully renovated townhome that lives like its brand new. This two-bedroom,... (more)
# S1046629
Compass
$1,095,000
For Sale
Residential
6 days on this site
Feb 24th, 11:00AM to 4:00PM
Open House Feb 24th
35
304 Raven Golf Lane
Silverthorne, CO 80498
$3.995m
For Sale
4
Beds
5
Baths
3,931
square feet,
Impressive Eagles Nest... cozy BRAND NEW CONSTRUCTION MOUNTAIN HOME offering a very warm and welcoming presence with amazing panor... (more)
# S1046642
Excel Brokers
$3,995,000
For Sale
Residential
7 days on this site
New - 7 days ago
25
7205 Ryan Gulch Road, #6
Silverthorne, CO 80498
$345,000
For Sale
1
Baths
339
square feet,
3.82
Acres
A mountain home is the dream of many, and could be at your fingertips with this beautiful studio condo on the Eastern slopes of B... (more)
# S1046639
Nelson Walley Real Estate
$345,000
For Sale
Residential
7 days on this site
New - 7 days ago
37
419 Lodge Pole Circle, #P1
Silverthorne, CO 80498
$1.788m
For Sale
4
Beds
5
Baths
1,999
square feet,
The Village at Treehouse offers a spacious mountain escape on the slopes of Buffalo Mountain. This 4 bedroom residence boasts plen... (more)
# S1046577
Nelson Walley Real Estate
$1,787,500
For Sale
Residential
7 days on this site
Feb 24th, 11:00AM to 2:00PM
Feb 25th, 11:00AM to 2:00PM
Open House Feb 24th
33
421 Rainbow Drive, #10
Silverthorne, CO 80498
$1.075m
For Sale
2
Beds
2
Baths
979
square feet,
BEST LOCATION in Silverthorne with the rec center, town hall, Theater Silco, and plenty of great restaurants within 2 blocks. T... (more)
# S1046586
Re/max Properties/66
$1,075,000
For Sale
Residential
7 days on this site
Feb 24th, 11:00AM to 2:00PM
Feb 25th, 11:00AM to 2:00PM
Open House Feb 24th
29
75 W 4th Street, #206
Silverthorne, CO 80497
$1.249m
For Sale
2
Beds
2
Baths
1,100
square feet,
This just built never lived in modern, luxurious, and spacious 2 bedroom, 2 bath unit is on the second floor, with private bal... (more)
# S1046636
Re/max Properties/66
$1,249,000
For Sale
Residential
7 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 February, 2024 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.