User1470_2_t Jason Brewer
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March 01, 2007

A Summit County verses Vail, a Rocky Mountain Resort Alliance Comparison

Year end statistics and averages compaired to what is active in Summit

Good Morning,

       Today's blog is one best done from inside as outside is a biblical force snow and wind storm; the snow riding has been the best so far this season and Summit County is selling a lot of face masks.  Over thirty inhces of snow has fallen in the last seven days.

        I recently recieved the Rocky Mountain Resort Alliance year end statistics.  The Resort Alliance "patrols" ski resort communities in Whistler, Steamboat, Park City, Sun Valley, Telluride, Summit County and a few other areas. Below is the compairison between Summit and Vail.  This is a statistic that we watch closely as Vail is a built out community and we are nearing build out.  . 

     Below is the compairison chart for 2006:

     I was intrigued by the Summit County average single family home sales figure, $527,848.  I decided to search Summit County for any single family home under last years average.   Currently there are 268 lisings in Summit County for single family homes (3-1-2007).  Only 14 of them are under last years average of $537,848.   I ran through them and here's my analysis; one is a historic home on a trailer you can buy, three are in Heeney- a half hour out of any town, one is an 832 sqft. A-frame in Silverthorne on a dirt road built in 1965, two are fixer-uppers in Dillon Valley, one is a deed restricted unit (locals only), one is in Sierra Bosque 20 minutes north of Silverthorne, two are 15 minutes south of Breckenridge and one appears to be a fine property in Keystone.  In short, what was our average last year appears to be slim pickings this year for the same price.  I can only imagine where our average will go when we reach build out.

Blog by The Shadow

 

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Real Estate Agent: Jason Brewer (SnowHome Properties)
Jason Brewer
Silverthorne, CO
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SnowHome Properties

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