56.7% of residential properties sold in 2009 were on the market over 120 days. 15% actually sold in the first 30 days. (some of these may have been sold before they were actually listed)
Average list to sales price ratio is 96.2% if selling within the first 30 days.  It drops to 94.2% from 31 to […]

Whew, 2009 is finally over!  It was not a wonderful year for real estate in Summit County Colorado, no matter which town you live in.  I am going to post activity reports here for several condo complexes and subdivisions over the next few weeks, and will start with The Reserve.
Click the link The Reserve at […]

2009 sales compared to 2008 were down 24.5%.  Frisco real estate was only down 8.4%
2009 Summit County residential sales were nearly 1/3 single family homes (32.5%)
297 single family homes sold in 2009 vs only 319 in 2008.  Only 22 fewer single family homes with a nearly 25% decrease in total sales.  Breckenridge actually sold 1 more […]

Although the year started off terribly, it did improve by year end, and we actually had increases in sales for the last two months of the year.  Of course, a year ago, Lehman Brothers had just failed and no one knew how bad the economy was going to crash.  It turned out to be bad, […]

Many who buy Summit County homes and condos use them as rental properties when they are not occupying them as their own vacation homes.  Rentals have been more difficult to get since the recession started and only the best properties are having good occupancy rates.  That means to get the greatest amount of rental income, your vacation home should been […]