LIV
MICRO MARKET REPORTS
SUMMIT COUNTY | Mid-Year 2016
C O LO R A D O M I C R O R E P O RTS .C O M
SUMMIT COUNTY NEIGHBORHOODS
3
5
6
2
1 4
1. Copper Mountain
4. Breckenridge
2. Frisco
5. Dillon
3. Silverthorne
6. Keystone
MICROMARKET REPORT | SUMMIT COUNTY MID-YEAR 2016 | 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 The proximity to the famous Colorado Rocky Mountains, (less than two hours from Denver), continues to position Summit County as one of the leading resort community destinations worldwide.
In the resort mountain communities of Summit County and Breckenridge, the desire for lifestyle-inspired home purchases breeds a continued healthy and balanced real estate market. The Summit County Micro Market Report (MMR), prepared by LIV Sotheby’s International Realty, compares 2016 mid-year statistics (January through June), to that of 2015, for single family homes and attached dwellings. The average price in Summit County rose to $594,502 in 2016, a 7.0% increase over 2015. Across the board, days on market are dropping (now 184 days on average), and the sales price to list price ratio is demonstrating a slight increase (now 97.0%) throughout Summit County, up 1.0% from 2015. This statistic is evidence of continued competitive conditions in the marketplace.
SUMMIT COUNTY January through June
MID-YEAR Highlights:
• Dillon/Summit Cove’s average price is $410,471 – up 15.7% • Keystone’s average price is $423,764 – up 1.8% • Frisco’s average price is $567,608 – up 4.2% • Breckenridge/Blue River’s average price is $787,230 – up 2.4%
719
homes sold for an average of
$594,502
or, $427,071,292 total dollar volume sold.
All Properties 2015
2016
% Change
Sold Listings (All Properties)
736
719
-2.3%
Sold Single Family
199
193
-3.0%
Sold Condos/Townhomes/Duplexes
537
526
-2.0%
Average Days on Market
193
184
-4.7%
$555,611
$594,502
7.0%
96.0%
97.0%
1.0%
$411,612,343
$427,071,292
3.8%
Average Price % Sold Price to List Price Total Dollar Volume Sold
MICROMARKET REPORT | SUMMIT COUNTY MID-YEAR 1 2016 | 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
161 Sunrise Point Drive, Breckenridge
BRECKENRIDGE/BLUE RIVER January through June
2015
2016
% Change
$768,977
$787,230
2.4%
$420
$430
2.3%
205
150
-26.8%
$3,700,000
$5,675,000
53.4%
266
274
3.0%
96.0%
96.6%
0.6%
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 June
2016
% Change
$1,107,282
$1,155,411
4.3%
$347
$346
-0.2%
249
198
-20.5%
$3,700,000
$5,675,000
53.4%
105
111
5.7%
96.0%
96.0%
0.0%
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
BRECKENRIDGE/BLUE RIVER January through June
Condos, Townhomes, Duplexes 2015
2016
% Change
$548,343
$536,505
-2.2%
$468
$487
4.0%
177
118
-33.3%
$2,665,000
$2,195,000
-17.6%
161
163
1.2%
96.0%
97.0%
1.0%
Average Price Average Price per Square Foot Average Days on Market Highest Price
Single Family Homes 2015
Average Price
Highest Price
All Properties
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | SUMMIT COUNTY MID-YEAR 2016 | 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
270 Giberson Road, Frisco
FRISCO
All Properties January through June Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
FRISCO
2016
% Change
$544,753
$567,608
4.2%
$339
$388
14.6%
140.
58
-58.6%
$1,850,000
$1,090,000
-41.1%
84
76
-9.5%
98.0%
98.3%
0.3%
2015
2016
% Change
$819,804
$764,194
-6.8%
$387
$343
-11.4%
108
48
-55.6%
$1,850,000
$980,000
-47.0%
19
9
-52.6%
96.0%
98.0%
2.0%
2015
2016
% Change
$460,463
$541,201
17.5%
$324
$394
21.8%
149
60
-59.7%
$965,499
$1,090,000
12.9%
65
67
3.1%
98.0%
98.4%
0.4%
Single Family Homes January through June Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
FRISCO
2015
Condos, Townhomes, Duplexes January through June Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | SUMMIT COUNTY MID-YEAR 2016 | 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
Lake Dillon
DILLON/SUMMIT COVE
All Properties
January through June Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
DILLON/SUMMIT COVE
2016
% Change
$354,872
$410,471
15.7%
$248
$287
15.8%
153
54
-64.7%
$877,500
$1,650,000
88.0%
86
87
1.2%
97.0%
97.8%
0.8%
2015
2016
% Change
$604,072
$702,079
16.2%
$218
$265
21.6%
240
106
-55.8%
$877,500
$1,650,000
88.0%
19
23
21.1%
97.0%
97.6%
0.6%
Single Family Homes
January through June Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
DILLON/SUMMIT COVE
2015
Condos, Townhomes, Duplexes
January through June Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$287,923
$305,675
6.2%
$255
$295
15.7%
129
35
-72.9%
$805,000
$850,000
5.6%
67
64
-4.5%
97.0%
97.8%
0.8%
MICROMARKET REPORT | SUMMIT COUNTY MID-YEAR 2016 | 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
1736 Red Hawk Road, Silverthorne
SILVERTHORNE/WILDERNEST January through June
2015
2016
% Change
$448,362
$541,406
20.8%
$260
$294
13.2%
156
53
-66.0%
$1,800,000
$2,750,000
52.8%
153
132
-13.7%
97.0%
98.0%
1.0%
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
SILVERTHORNE/WILDERNEST January through June
Single Family Homes 2015
2016
% Change
$677,432
$909,532
34.3%
$276
$306
10.8%
276
84
-69.6%
$1,800,000
$2,750,000
52.8%
44
41
-6.8%
96.0%
97.8%
1.8%
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 June Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Condos, Townhomes, Duplexes 2015
2016
% Change
$355,038
$375,547
5.8%
$253
$289
14.3%
108
40
-63.0%
$751,000
$749,000
-0.3%
109
91
-16.5%
97.0%
98.0%
1.0%
MICROMARKET REPORT | SUMMIT COUNTY MID-YEAR 2016 | 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
75 Stoney Trail, Keystone
KEYSTONE
All Properties
January through June
2015
2016
% Change
$416,232
$423,764
1.8%
$324
$347
7.1%
220
81
-63.2%
$3,050,000
$2,000,000
-34.4%
113
111
-1.8%
96.0%
97.1%
1.1%
2015
2016
% Change
$1,173,864
$1,390,288
15.6%
$293
$283
-3.5%
329
130
-153.1%
$3,050,000
$2,000,000
-52.5%
11
8
-37.5%
90.0%
96.1%
6.1%
2015
2016
% Change
$333,717
$352,454
5.6%
$327
$352
7.7%
209
77
-63.2%
$1,091,500
$900,000
-17.5%
102
103
1.0%
96.0%
97.2%
1.2%
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
KEYSTONE
Single Family Homes
January through June 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 June Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | SUMMIT COUNTY MID-YEAR 2016 | 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
COPPER MOUNTAIN
All Properties
January through June
2015
2016
% Change
$352,657
$379,408
7.6%
$363
$394
8.5%
408
226
-44.6%
$577,500
$1,196,000
107.1%
34
38
11.8%
93.0%
96.3%
3.3%
2015
2016
% Change
Average Price
-
-
-
Average Price per Square Foot
-
-
-
Average Days on Market
-
-
-
Highest Price
-
-
-
No Sales
No Sales
-
-
-
-
2015
2016
% Change
$352,657
$379,408
7.6%
$363
$394
8.5%
408
226
-44.6%
$577,500
$1,196,000
107.1%
34
38
11.8%
93.0%
96.3%
3.3%
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 June
Properties Sold % Sold Price to List Price
COPPER MOUNTAIN
Condos, Townhomes, Duplexes
January through June Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | SUMMIT COUNTY MID-YEAR 2016 | 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.
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