Summit County Colorado Real Estate Shows a Substantial Increase!
August 2007 Real Estate Highlights:
- August 2007 number of transactions was up 24% compared to August 2006. August monetary volume is up 42% compared to August 2006!
- Last August 2006 YTD monetary volume was $934,138,606. This August 2007 YTD monetary volume is $ $1,022,863,107.
- Last August 2006 YTD transactions were at 2,168. This August 2007, YTD transactions are at 2,087.
- Year to Date Average Sales Price of Residential Improved Units Only is $510,810
- 15 Residential Improved Units sold in the 1M-1.5M price range in August, 6 Residential Improved Units sold in the 1.5M-2M price range.
31% of Real Estate Closings were cash transactions at the time of closing in August
Real Estate in Summit County Colorado continues to be one of the best investments in the country. We are seeing continued demand for second and vacation homes and even and increase in retires in the county. Contributing factors include strong quality of lifestyle. limited available land and millions of dollars in upgrades and enhancements at our 4 major ski resorts. Breckenridge continues to lead all cites in sales followed by Silverthorne, Keystone, Frisco, Dillon, and Copper Mountain. Keystone currently leads all area resorts in on-slope development.
For more information on area homes and properties contact Jason or Deanna Long at the Long Group www.ski-homes-breckenridge.com/
Click here for a no obligation free home search for all of Summit County.
Comments (2)Subscribe to CommentsComment