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Breckenridge Residential Real Estate Price Reductions

By
Real Estate Agent with Christie's International Real Estate - Summit Colorado

The leaves are falling and so are prices on residential real estate in Breckenridge Colorado. If you have been waiting for an opportunity to purchase your mountain getaway or your forever home in the high country, now is a great time to purchase in Breckenridge Colorado. In the last week, there have been eight price reductions on Breckenridge homes for sale. The market has shifted to a healthier more stable position. We are seeing more inventory and our buyers are enjoying more negotiating power. Currently, their are 181 Breckenridge residential properties for sale. Located below are properties that had price reductions last week.

450 Peerless Drive

  • 7 Bedrooms
  • 7.5 Bathrooms
  • 7,449 Square Feet
  • Built in 2006
  • Reduced from $10,750,000 to $9,500,000
  • Private Gondola Access

 

597 Forest Hills Drive

  • 5 Bedrooms
  • 4.5
  •  Bathrooms
  • 4,590 Square Feet
  • Built in 2007
  • Reduced from $4,195,260 to $3,995,000

 

1552 Settlers Drive #14

  • 3 Bedrooms
  • 2.5 Bathrooms
  • 1,672 Square Feet
  • Built in 1996
  • Reduced from $1,895,000 to $1,795,000
  • Backs the Breckenridge Nordic Center

42 Brook Street

  • 3 Bedrooms
  • 2.5 Bathrooms
  • 2,412 Square Feet
  • Built in 1993
  • Reduced from $1,539,000 to $1,500,000

325 Four O'Clock Road #C-304

  • 2 Bedrooms
  • 2 Bathrooms
  • 1,088 Square Feet
  • Built in 1979
  • Reduced from $1,125,000 to $1,099,900
  • Top Floor Condo with Ability to Short Term Rent

611 Village Road Unit #21200

  • 1 Bedroom
  • 1 Bathroom
  • 726 Square Feet
  • Built in 1980
  • Reduced from $650,000 to $615,000
  • Ability to Short Term Rent

308 Illinois Gulch Road #107

  • 2 Bedrooms
  • 1 Bathroom
  • 676 Square Feet
  • Built in 1995
  • Reduced from $579,000 to $569,000

214 N. Main Street #21

  • Studio Condo
  • 1 Bathroom
  • 312 Square Feet
  • Built in 1966
  • Reduced from $559,000 to $499,000
  • Located on Main Street

So far in September, there have been 41 residential Sales in Breckenridge. Right now the close price is 9% off of the original list price. This is compared to a 2% discount to original list price for the same time period a year ago while many of the sales being above the list price.

If you interested in any of the properties detailed above or any other Breckenridge or Summit County properties, contact Krystal Knott and Brett Rudolph at 970.462.1416.