LIVREPORT MICROMARKET
SUMMIT COUNTY | Year-End 2015
C O LO R A D O M I C R O R E P O R TS . C O M
SUMMIT COUNTY NEIGHBORHOODS
4
3
5
2
6 1
1. Breckenridge
4. Silverthorne
2. Frisco
5. Keystone
3. Dillon
6. Copper Mountain
MICROMARKET REPORT | SUMMIT COUNTY YEAR-END 2015 | COLORADOMICROREPORTS.COM Based on Information from SAR MLS. This representation is based in whole or in part on data supplied by SAR MLS. SAR MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by SAR MLS may not reflect all real estate activity in the market.
SUMMIT COUNTY In the resort mountain communities of Summit County and Breckenridge, increased homeowner equity and property values demonstrated a strong residential market in 2015. The proximity to the famous Colorado Rocky Mountains, (under two hours from Denver), continues to position Summit County as one of the leading resort community destinations worldwide. With the increasing desire for lifestyle-inspired home purchases, the resort market in Summit County will continue to rise.
Year-End Highlights:
• Dillon/Summit Cove’s average price is $388,283 – up 8.2% • Keystone’s average price is $437,287 – up 23.8% • Frisco’s average price is $580,159 – up 20.7% • Breckenridge/Blue River’s average price is $738,168 – up 7.1%
1,925
The Summit County Micro Market Report (MMR), prepared by LIV Sotheby’s International Realty, compares 2015 yearend statistics (January through December), to that of 2014, for single family homes and condos. The average price of single family homes and condos combined rose 9.2%, resulting in an average price of $564,723 in Summit County. Across the board, days on market are dropping (now 173 days on average), and the sales price to list price ratio is up, averaging 97% throughout the Summit County area. This statistic is evidence of continued competitive, however less frenzied, conditions in the marketplace.
SUMMIT COUNTY
homes sold for an average of
$564,723
or, $1,086,383,074 total dollar volume sold.
All Properties
January through December
2014
2015
% Change
Sold Listings (All Properties)
1,684
1,925
14.3%
432
502
16.2%
1,252
1,423
13.7%
195
173
-11.3%
$517,337
$564,723
9.2%
96%
97%
1.0%
$872,462,102
$1,086,383,074
24.5%
Sold Single Family Sold Condos/Townhomes/Duplexes Average Days on Market Average Price % Sold Price to List Price Total Dollar Volume Sold
MICROMARKET REPORT | SUMMIT COUNTY YEAR-END 2015 | COLORADOMICROREPORTS.COM Based on Information from SAR MLS. This representation is based in whole or in part on data supplied by SAR MLS. SAR MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by SAR MLS may not reflect all real estate activity in the market.
SUMMIT COUNTY MARKET | MARKETS BY AREA
BRECKENRIDGE/BLUE RIVER January through December
2014
2015
% Change
$689,362
$738,168
7.1%
$385
$421
9.4%
203
194
-4.4%
$3,640,593
$3,900,000
7.1%
644
726
12.7%
96%
96%
0.0%
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
BRECKENRIDGE/BLUE RIVER January through December
2015
% Change
$974,511
$1,079,636
10.8%
$315
$344
9.2%
210
209
-0.5%
$3,640,593
$3,900,000
7.1%
248
259
4.4%
95%
96%
1.1%
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
BRECKENRIDGE/BLUE RIVER January through December
Condos, Townhomes, Duplexes 2014
2015
% Change
$511,325
$549,115
7.4%
$429
$464
8.2%
199
185
-7.0%
$1,900,000
$2,665,000
40.3%
396
467
17.9%
96%
97%
1.0%
Average Price Average Price per Square Foot Average Days on Market Highest Price
Single Family Homes 2014
Average Price
Highest Price
All Properties
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | SUMMIT COUNTY YEAR-END 2015 | COLORADOMICROREPORTS.COM Based on Information from SAR MLS. This representation is based in whole or in part on data supplied by SAR MLS. SAR MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by SAR MLS may not reflect all real estate activity in the market.
SUMMIT COUNTY MARKET | MARKETS BY AREA
FRISCO
All Properties January through December
2014
2015
% Change
$480,789
$580,159
20.7%
$327
$356
8.9%
173
138
-20.2%
$1,200,000
$2,700,000
125.0%
181
221
22.1%
97%
98%
1.0%
2014
2015
% Change
$688,896
$935,867
35.9%
$312
$362
16.0%
219
130
-40.6%
$1,200,000
$2,700,000
125.0%
28
49
75.0%
97%
96%
-1.0%
2014
2015
% Change
$442,705
$477,024
7.8%
$329
$354
7.6%
165
140
-15.2%
$1,100,000
$1,000,000
-9.1%
153
172
12.4%
97%
98%
1.0%
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
FRISCO
Single Family Homes January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
FRISCO
Condos, Townhomes, Duplexes January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | SUMMIT COUNTY YEAR-END 2015 | COLORADOMICROREPORTS.COM Based on Information from SAR MLS. This representation is based in whole or in part on data supplied by SAR MLS. SAR MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by SAR MLS may not reflect all real estate activity in the market.
SUMMIT COUNTY MARKET | MARKETS BY AREA
DILLON/SUMMIT COVE
All Properties
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
DILLON/SUMMIT COVE
2015
% Change
$358,967
$388,283
8.2%
$243
$259
6.6%
133
119
-10.5%
$1,210,000
$1,138,500
-5.9%
187
209
11.8%
96%
97%
1.0%
2014
2015
% Change
$558,088
$648,693
16.2%
$225
$234
4.0%
144
165
14.6%
$1,210,000
$1,138,500
-5.9%
43
59
37.2%
97%
97%
0.0%
Single Family Homes
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
DILLON/SUMMIT COVE
2014
Condos, Townhomes, Duplexes
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$299,091
$287,590
-3.8%
$248
$268
8.1%
130
101
-22.3%
$925,000
$805,000
-13.0%
144
150
4.2%
96%
97%
1.0%
MICROMARKET REPORT | SUMMIT COUNTY YEAR-END 2015 | COLORADOMICROREPORTS.COM Based on Information from SAR MLS. This representation is based in whole or in part on data supplied by SAR MLS. SAR MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by SAR MLS may not reflect all real estate activity in the market.
SUMMIT COUNTY MARKET | MARKETS BY AREA
SILVERTHORNE/WILDERNEST January through December
2014
2015
% Change
$454,936
$473,338
4.0%
$251
$268
6.8%
158
131
-17.1%
$2,375,000
$1,800,000
-24.2%
332
370
11.4%
97%
97%
0.0%
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
SILVERTHORNE/WILDERNEST January through December
Single Family Homes 2014
2015
% Change
$743,861
$738,951
-0.7%
$255
$275
7.8%
212
207
-2.4%
$2,375,000
$1,800,000
-24.2%
98
106
8.2%
96%
96%
0.0%
Average Price Average Price per Square Foot Average Days on Market Highest Price
All Properties
Properties Sold % Sold Price to List Price
SILVERTHORNE/WILDERNEST January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Condos, Townhomes, Duplexes 2014
2015
% Change
$332,891
$366,285
10.0%
$249
$266
6.8%
136
100
-26.5%
$822,500
$813,000
-1.2%
234
263
12.4%
97%
98%
1.0%
MICROMARKET REPORT | SUMMIT COUNTY YEAR-END 2015 | COLORADOMICROREPORTS.COM Based on Information from SAR MLS. This representation is based in whole or in part on data supplied by SAR MLS. SAR MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by SAR MLS may not reflect all real estate activity in the market.
SUMMIT COUNTY MARKET | MARKETS BY AREA
KEYSTONE
All Properties
January through December Average Price
2014
2015
% Change
$353,347
$437,287
23.8%
$310
$337
8.7%
240
185
-22.9%
$1,700,000
$3,050,000
79.4%
266
304
14.3%
96%
96%
0.0%
2014
2015
% Change
$761,423
$1,085,707
42.6%
$274
$295
7.7%
322
263
-18.3%
$1,550,000
$3,050,000
96.8%
13
29
123.1%
94%
93%
-1.1%
2014
2015
% Change
$331,174
$368,659
11.3%
$312
$341
9.3%
236
178
-24.6%
$1,700,000
$1,778,800
4.6%
253
275
8.7%
96%
97%
1.0%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
KEYSTONE
Single Family Homes
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
KEYSTONE
Condos, Townhomes, Duplexes
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | SUMMIT COUNTY YEAR-END 2015 | COLORADOMICROREPORTS.COM Based on Information from SAR MLS. This representation is based in whole or in part on data supplied by SAR MLS. SAR MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by SAR MLS may not reflect all real estate activity in the market.
SUMMIT COUNTY MARKET | MARKETS BY AREA
COPPER MOUNTAIN
All Properties
January through December
2014
2015
% Change
$389,679
$355,182
-8.9%
$372
$381
2.4%
330
333
0.9%
$2,300,000
$868,150
-62.3%
74
95
28.4%
94%
95%
1.1%
2014
2015
% Change
$1,995,000
$0
-
$487
$0
-
646
0
-
$2,300,000
$0
-
2
No Sales
-
93%
0%
-
2014
2015
% Change
$344,459
$355,182
3.1%
$368
$381
3.5%
321
333
3.7%
$889,200
$868,150
-2.4%
72
95
31.9%
94%
95%
1.1%
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
COPPER MOUNTAIN
Single Family Homes
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
COPPER MOUNTAIN
Condos, Townhomes, Duplexes
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | SUMMIT COUNTY YEAR-END 2015 | COLORADOMICROREPORTS.COM Based on Information from SAR MLS. This representation is based in whole or in part on data supplied by SAR MLS. SAR MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by SAR MLS may not reflect all real estate activity in the market.
COLORADO LUXURY REAL ESTATE EXPERTS BOULDER
CASTLE PINES
1050 Walnut Street Boulder, CO 80302 303.443.6161
858 W. Happy Canyon Road, Suite 100 Castle Rock, CO 80108 303.660.8800
DENVER TECH CENTER
31955 Castle Court, #1 South Evergreen, CO 80439 303.674.3200
BEAVER CREEK
EDWARDS
26 Avondale Lane, #119 Beaver Creek, CO 81620 970.845.0400
292 E. Meadow Drive, Suite 101 Vail, CO 81657 970.476.7944
101 South Main Street Breckenridge, CO 80424 970.453.0550
EVERGREEN
1512 Larimer Street, #46R Denver, CO 80202 303.893.3200
VAIL
BRECKENRIDGE
255 Clayton Street, Unit 100 North Denver, CO 80206 303.893.3200
100 Saint Paul Street, Suite 200 Denver, CO 80206 303.893.3200
DOWNTOWN DENVER
8000 E. Belleview Avenue, Suite 200 Greenwood Village, CO 80111 303.893.3200
CHERRY CREEK (Clayton)
CHERRY CREEK (St. Paul)
34253 Highway 6, #2A Edwards, CO 81632 970.748.5150
34
36
LIV Sotheby’s International Realty Locations
BOULDER COUNTY BOULDER
|
CASTLE PINES VILLAGE
DOWNTOWN DENVER
|
EVERGREEN
BRECKENRIDGE
|
|
|
CHERRY CREEK
GREENWOOD VILLAGE
Boulder
25
VAIL VALLEY
DENVER 70
Downtown Denver Cherry Creek
VAIL VALLEY Beaver Creek
Denver Tech Center
Evergreen
Edwards Vail
24
70
SUMMIT COUNTY 85
Breckenridge
285
25
Castle Pines
MICROMARKET REPORT | SUMMIT COUNTY YEAR-END 2015 | COLORADOMICROREPORTS.COM Based on Information from SAR MLS. This representation is based in whole or in part on data supplied by SAR MLS. SAR MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by SAR MLS may not reflect all real estate activity in the market.
24
The life you love.
coloradomicroreports.com | livsothebysrealty.com