Summit County CO Real Estate Market

First Quarter 2012

The Summit County CO Real Estate Market continues to improve over previous years.  The first quarter of 2012 had 202 sales an increase of 5% from the first quarter of 2011 which had 192 sales and a more substantial increase of 21% during the the same period in 2010 with 160 sales.  With sales dropping to a low of 124 sales in the first quarter of 2009 the Summit County CO Real Estate market continues to trend upwards in sales while prices remain down.

Average sold price per square foot for the first quarter of 2012 is down 39.5% from the height of the market in 2008.  The sold price per square foot was $402 in the first quarter of 2008 compared to $288 in 2012.

What does this mean to you as a potential buyer of Summit County Real Estate?

No one wants to purchase at the top of the market.  While we can’t predict the bottom of the market it appears we are nearing or have already hit the bottom with sold price per square foot being so low and the number of sales increasing.  Begin your search online, save properties of interest until you are ready to arrange a time to meet with Justin & Krystal Knott with Ten Peaks Sotheby’s International Realty to view properties in person.

SEARCH ALL PROPERTIES FOR SALE IN SUMMIT COUNTY CO REAL ESTATE

__________________________________________________________________________________________________

Justin & Krystal Knott

Ten Peaks Sotheby's International Realty

877.333.9050 Toll Free
970.333.9050 Justin's cell
970.333.0116 Krystal's cell

Knott@SothebysRealty.com

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This post has been included in Colorado Real Estate News Summit County, CO Real Estate News
Post is included in group: Market Reports
Post is included in group: Second Homes
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2 Comments on Summit County CO Real Estate Market - First Quarter 2012

APR
07
2012
729,199 Points 103 Featured Posts Outside Blog Called Shot Master

Hi Krystal - That's some good news in that market report - it definitely looks like Summit County is one the way to recovery.

 

12:29pm • #1
APR
08
2012
586,213 Points 46 Featured Posts Outside Blog Called Shot Master

Good Morning Justin and Krystal  -

 

Wishing you and yours a wonderful and blessed Easter my friend.  May you  enjoy all you do on this glorious day to the fullest!

 

John and Debbie

 

5:01am • #2


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Justin & Krystal Knott - Breckenridge CO Real Estate & All Summit County Colorado

Breckenridge, CO

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Ten Peaks Sotheby's International Realty

Address: 69 Marksberry Way, PO Box 4163, Breckenridge, CO, 80424

Office Phone: (877) 333-9050

Cell Phone: (970) 333-0116

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Search all Breckenridge Real Estate, Frisco Real Estate, Copper Mountain Real Estate, Dillon Real Estate, Silverthorne Real Estate, Keystone Real Estate, Alma & Fairplay Real Estate in Colorado. Let Justin and Krystal Knott with Ten Peaks Sotheby's International Realty work for you to find you the perfect property in the Colorado Mountains.
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