Summit County Colorado Real Estate Sales

Summit County Real Estate Market Data

One of the most common questions asked by potential Buyers and Sellers of Summit County real estate is "how is the market?". The following information is provided by a variety of sources and seeks to answer this general question in a variety of ways.

Most of this market data is assembled in the aggregate (i.e. totals, averages, trends, etc.).

While this approach does serve a purpose, it also has its limitations and can be easily misinterpreted. One obvious example of this is the May. 2010 bar graph of real estate price averages which indicates an average (mean) land sales price in 2010 of $416,231 as compared to that of $399,025 in 2009. One should not conclude from this that land values have increased in the past year as this is not the case. In this instance, the 2010 average land sales price average is skewed by 1 of the sales having closed for $3,300,000. The median land sales price data paints a different picture showing a decline from $340,000 to $185,000. There are other examples like this one and determining the fair market value of any specific property at any given point in time requires comparing it to the most recent sales and current listings of comparable properties. Contact us for such an analysis and visit our blog for periodic articles based on the data below.

Land Title Guarantee Company Data

Land Title is one of the largest and longest operating closing companies in Colorado. They have Summit County offices in Breckenridge, Frisco, and Dillon. They also have about 40 other offices throughout Colorado and customers are able to sign Closing documents at any of their locations, regardless of where the property is that they are buying or selling.

About once a month or so, Land Title distributes market snapshots of real estate sales in the Summit County Colorado area. And about once quarterly, Land Title provides market summaries for several counties throughout Colorado. New data will be posted here as it comes out.

Current Land Title Monthly Summit County Colorado specific data (.PDF format)

Beginning in 2010, Land Title is sending out Summit County Colorado real estate sales and market data in one .PDF file. Click here for the most recent edition. (posted 07/27/2010)

Following describes the information contained in this file:

Highlights of the above

Notable Sales in June:

One Ski Hill Place Condo continues to impact the market this month with the following in sales for June 2010:

June Remarks:

Land Title Resort Index for the 1st Quarter of 2010

The above link will open a .PDF file containing the following four pages for Summit County and other nearby resort real estate markets:

Year end 2009 Land Title Summit County Colorado specific data (.PDF format)

SummitCountyResPriceIndex

Summit County Residential Price Index YTD : Average sales prices for Single Family, Multi Family, and Vacant Land properties comparing 2006, 2007, 2008 & 2009. Year end 2009.

 

SummitCountyGraph

Summit County 2004-2009 Graph Comparison : Perhaps the most useful of the charts and graphs for showing real estate sales activity for the market as a whole during the past 6 years. Year end 2009.

 

 

SummitCountyCostBreakdown

Cost Breakdown by month: for Residential Improved Units (New Construction, Resales, Gross Residential Price Index and YTD Gross Residential Price Index), also shows Full Year 2009, 2008, 2007 and 2006 Gross Residential Price Index with # of transactions, total volume and average price. Year end 2009.





SummitCountyCost09

Cost Breakdown YTD : for Residential Improved Units and the Cost Breakdown for the full years of 2007 and 2008 for comparison.
Year end 2009






SummitCountyMarketAnalysisPerChangeFullYear09Market Analysis by Month : Month to Month Comparison by Monetary Volume and Number of Transactions with % Change from 2004-2009. Year end 2009



SummitCountyMarketAnalysisbyArea09

Market Analysis by Area YTD : Year end 2009

 


SummitCountyMarketSnapshotFullYr08-09

Market Snapshot : This worksheet breaks down all of the residential activity by property type and areas in Summit County. We utilize ONLY “Arms- Length” transactions for this report. The “Arms Length” residential activity is broken out into Single Family, Multi- Family and Vacant Land transactions. A comparison from a full year of 2008 (all sales transactions that qualify for the full year) along with % growth or loss by area is also shown in this report. The current year shows sales through December 2009 from the Summit County Clerk and Recorder’s & Assessor’s Office- no MLS data is utilized in this worksheet. Year end 2009

 

SummitCounty22YrResAvg

22 Year Average Price Housing Index for Summit County : Reflecting the average price for all residential property types- single family, Duplex-Triplex, Townhome and Condominiums.

Year end 2009

 

SummitCounty22YrTotalRes 22 Residential Gross Volume Housing Index for Summit County : Reflects the monetary volume on the Cost Breakdown above.

Year end 2009

 

 

SummitCountyLender2009

Summit County Lenders Chart : Reflecting the total of all loans for 2009 as a summary.
Year end 2009

 

 

Land Title remarks on Year end 2009 data:

Land Title "Resort Index" data (.PDF format)

There are several counties within the State of Colorado which can be considered resort real estate markets. The following data compares the real estate sales within and between the following four Colorado resort counties:

CoResortRealEstate4Charts

Comparison Charts- 4 charts: Number of Recorded Sales Transactions by County Full Years 2009 through 2007, Full Year 2009 Average Price Per Square Foot Sales Summary for Single Family and Multi- Family Property Types , Average Sales Price: Single Family 2007 through 2009 and Average Sales Price: Multi-Family 2007 through 2009.
Year end 2009

 

 

CoResortRealEstate2009Gross

Gross Transaction Chart : Gross recorded real estate sales volume for all transactions in the 5 counties for the full years of 2009, 2008, 2007, 2006, 2005 and 2004, with data points shown for $ volume from 2009, 2007 and 2004. Year end 2009

 

CoResortRealEstate2009Monthly

Monthly Data for the Comparison Charts : Gross Volume Transaction Report for all Recorded Transactions from 2006 through 2009, and Gross Transaction Report Summary with Year to Date Comparisons through 2004. Year end 2009

 

CoResortRealEstate2009SummarySummary Data : showing Number of Transactions, Single Family Average Price Index, Multi- Family Average Price Index and Single Family- Mulit-Family Average Price Per Square Foot Comparisons. Year end 2009

 

Raw Summit County Real Estate Sales Data

Below you will find Summit County real estate sales information dating back to Jan 01, 2000 in tab delimited text tables. There are some occasional errors and omissions in this information. For example, some properties indicate square footages equal to "0". Also, Summit County real estate sales by For Sale By Owners may not be represented here. This data is also limited to Summit County real estate sales priced over $100,000 to eliminate most of the timeshares, partial ownership's, etc. Some condos indicate lot information which is typically a result of the building and unit numbers being entered in the wrong place. And there may be other errors and omissions as well.

The links below will direct you to Tab Delimited text files which are intended to be opened with a spreadsheet program such as MS Excel. To do so, right click on a link and save the link target to your hard drive. Then open it with the program of your choice.

Summit County Residential Real Estate

The following is a summary of the above Summit County residential real estate sales information:

Year Number of Sales Total Sales Volume Avg. Sales Price   Date Listings : Active / Under Contract / Sold YTD
2000 2014 $664,519,762 $329,950   Summit County Breckenridge Keystone Silverthorne Frisco Dillon Copper
2001 1648 $561,786,892 $340,890 05/01/10 1589/226/222 743/143/88 234/19/30 236/33/44 124/14/30 133/16/24 119/1/6
2002 1694 $547,054,487 $322,936 06/01/10 1794/185/315 819/112/136 254/10/44 287/27/57 148/15/38 161/19/32 125/2/8
2003 2115 $713,796,058 $337,492 07/01/10 2021/167/390 905/101/170 300/11/51 322/22/74 174/20/41 193/8/46 127/5/8
2004 2167 $769,929,715 $355,298 07/15/10 2105/174/412 945/102/178 307/7/55 342/26/78 183/25/43 199/8/49 129/6/9
2005 2410 $974,474,146 $404,346                
2006 2464 $1,151,990,741 $467,529                
2007 2145 $1,187,703,068 $553,708                
2008 1210 $745,230,957 $615,893                
2009 918 $562,548,024 $612,797                

Summit County Vacant Land Sales

The following is a summary of the above Summit County vacant land sales information:

Year Number of Sales Total Sales Volume Avg. Sales Price   Date Listings : Active / Under Contract / Sold YTD
2000 338 $78,453,205 $232,110   Summit County Breckenridge Keystone Silverthorne Frisco Dillon Copper
2001 220 $51,517,664 $234,171 05/01/10 390/10/19 253/4/14 26/0/1 65/6/3 17/0/0 24/0/1 5/0/0
2002 232 $51,592,308 $233,449 06/01/10 442/16/24 266/8/17 28/0/1 78/6/5 16/0/0 29/2/1 5/0/0
2003 243 $64,729,837 $266,378 07/01/10 456/11/32 285/6/22 29/0/1 87/5/6 17/0/0 33/0/3 5/0/0
2004 344 $79,010,875 $229,683 07/15/10 487/10/37 299/6/26 29/0/1 102/4/7 21/0/0 32/0/3 4/0/0
2005 437 $141,920,462 $324,761                
2006 394 $123,940,340 $314,569                
2007 313 $125,493,527 $400,938                
2008 136 $67,146,196 $493,722                
2009 68 $22,129,380 $325,432                

Please note that all data comes from actual recorded transactions at the County Clerk and Recorder's Office. The information is not directly related to MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate.

2009 Data | 2010 Data From Previous months |