LIV
MICRO MARKET REPORTS
SUMMIT COUNTY | 2016
264 Juniata Circle, Breckenridge
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 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 Known locally as ‘Colorado’s Playground,’ 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.
The desire for lifestyle-inspired home purchases breeds a continued healthy and balanced real estate market in the resort mountain communities of Summit County and Breckenridge, which is only projected to grow. The Summit County Micro Market Report (MMR), prepared by LIV Sotheby’s International Realty, compares 2016 statistics (January through December), to that of 2015, for single family homes and attached dwellings. The average price in Summit County rose to $585,171 in 2016, a 5.9% increase over 2015. Total dollar sales volume also rose, 1.2% to $1,116,506,649 in 2016. Across the board, days on market are dropping (now 86 days – a below average timeframe for the resort markets), and the sales price to list price ratio is holding at 97.1% throughout Summit County, up 1.3% from 2015. The number of sold listings decreased slightly to 1,908 in 2016, compared to 1,994 in 2015, which is evidence of continued competitive conditions in Summit County’s highly desirable marketplace.
SUMMIT COUNTY
2016 Highlights:
• Copper Mountains’s average price is $381,719 – up 7.5% • Silverthorne/Wildernest’s average price is $528,882 – up 11.7% • Frisco’s average price is $602,402 – up 3.8% • Breckenridge/Blue River’s average price is $799,139 – up 8.3%
1,908
homes sold for an average of
$585,171
or, $1,116,506,649 total dollar volume sold.
All Properties
January through December
2015
2016
% Change
Sold Listings (All Properties)
1,994
1,908
-4.3%
510
507
-0.6%
1,484
1,401
-5.6%
122
86
-29.5%
$552,571
$585,171
5.9%
95.9%
97.1%
1.3%
$1,103,484,274
$1,116,506,649
1.2%
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 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
805 Highfield Trail, Breckenridge
BRECKENRIDGE/BLUE RIVER January through December
2015
2016
% Change
$738,168
$799,139
8.3%
$421
$435
3.3%
194
112
-42.3%
$3,900,000
$5,675,000
45.5%
726
676
-6.9%
96.0%
97.0%
1.0%
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
2016
% Change
$1,079,636
$1,123,027
4.0%
$344
$348
1.1%
209
128
-38.8%
$3,900,000
$5,675,000
45.5%
259
284
9.7%
96.0%
96.4%
0.4%
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 2015
2016
% Change
$549,115
$564,486
2.8%
$464
$498
7.3%
185
100
-45.9%
$2,665,000
$2,350,000
-11.8%
467
392
-16.1%
97.0%
97.4%
0.4%
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 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 December
2015
2016
% Change
$580,159
$602,403
3.8%
$356
$393
10.3%
138
47
-65.9%
$2,700,000
$1,700,000
-37.0%
221
191
-13.6%
98.0%
98.1%
0.1%
2015
2016
% Change
$935,867
$859,520
-8.2%
$362
$366
1.0%
130
35
-73.1%
$2,700,000
$1,700,000
-37.0%
49
33
-32.7%
96.0%
97.2%
1.3%
2015
2016
% Change
$477,024
$548,701
15.0%
$354
$398
12.5%
140
158
12.9%
$1,000,000
$1,090,000
9.0%
172
158
-8.1%
98.0%
98.3%
0.3%
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 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 December 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
$388,283
$382,507
-1.5%
$259
$291
12.5%
119
37
-68.9%
$1,138,500
$1,650,000
44.9%
209
212
1.4%
97.0%
98.0%
1.1%
2015
2016
% Change
$648,693
$680,414
4.9%
$234
$260
11.2%
165
71
-57.0%
$1,138,500
$1,650,000
44.9%
59
53
-10.2%
97.0%
97.6%
0.6%
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
2015
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
2015
2016
% Change
$287,590
$283,204
-1.5%
$268
$302
12.6%
101
25
-75.2%
$805,000
$995,000
23.6%
150
159
6.0%
97.0%
98.2%
1.2%
MICROMARKET REPORT | SUMMIT COUNTY 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
1350 Heeney Road CR 30, Silverthorne
SILVERTHORNE/WILDERNEST January through December
2015
2016
% Change
$473,338
$528,882
11.7%
$268
$302
12.7%
131
50
-61.8%
$1,800,000
$2,750,000
52.8%
370
392
5.9%
97.0%
98.1%
1.1%
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 2015
2016
% Change
$738,951
$866,492
17.3%
$275
$308
12.1%
207
79
-61.8%
$1,800,000
$2,750,000
52.8%
106
109
2.8%
96.0%
97.6%
1.6%
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 2015
2016
% Change
$366,285
$398,848
8.9%
$266
$300
12.7%
100
38
-62.0%
$813,000
$866,000
6.5%
263
283
7.6%
98.0%
98.3%
0.3%
MICROMARKET REPORT | SUMMIT COUNTY 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
76 East Trade Court, Keystone
KEYSTONE
All Properties
January through December
2015
2016
% Change
$437,287
$456,980
4.5%
$337
$368
9.1%
185
69
-62.7%
$3,050,000
$2,450,000
-19.7%
304
291
-4.3%
96.0%
97.3%
1.3%
2015
2016
% Change
$1,085,707
$1,222,546
12.6%
$295
$309
4.9%
263
144
-45.2%
$3,050,000
$2,450,000
-19.7%
29
27
-6.9%
93.0%
95.3%
2.4%
2015
2016
% Change
$368,659
$378,684
2.7%
$341
$374
9.5%
178
61
-65.7%
$1,778,800
$1,065,000
-40.1%
275
264
-4.0%
97.0%
97.5%
0.5%
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 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 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 December
2015
2016
% Change
$355,182
$381,719
7.5%
$381
$419
9.9%
333
184
-44.7%
$868,150
$1,420,000
63.6%
95
95
0.0%
95.0%
96.3%
1.3%
2015
2016
% Change
Average Price
-
-
-
Average Price per Square Foot
-
-
-
Average Days on Market
-
-
-
Highest Price
-
-
-
No Sales
No Sales
-
-
-
-
2015
2016
% Change
$355,182
$381,719
7.5%
$381
$419
9.9%
333
184
-44.7%
$868,150
$1,420,000
63.6%
95
95
0.0%
95.0%
96.3%
1.3%
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 December
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 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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