Summit County 2019 1st Quarter Market Report

The Summit County real estate market continues to hold strong as we move through 2019.  Our low inventory continues to push prices upward and the percent of SOLD price to LIST price remains above 98%.  Summit County’s average price has increased by 16.7% in 2019 to $857,056 over 2018’s average sales price of $734,206.  We are seeing a slight increase of Average Days on Market going from an average of 58 days in 2018 to 67 days for the 1st quarter of 2019.

To view LIV Sotheby’s complete 2019 1st Quarter Micro-Market Report CLICK HERE

Listed below is a market review of each area of Summit County for the 1st quarter of 2019 as compared to 1st quarter 2018:

Silverthorne:

Single Family Home Average Price increased to $1,134,344 up 15.2%
Multi-Family Average Price increased to $467,261 up 2.1%

Dillon/Summit Cove:

Single Family Home Average Price increased to $802,607 up 7.3%
Multi-Family Average Price increased to $410,258 up 7.3%

Keystone:

Single Family Home Average Price increased to $1,754,065 up 50.9%
Multi-Family Average Price increased to $662,725 up 8.9%

Frisco:
Single Family Home Average Price decreased to $1,142,500 down .5%
Multi-Family Average Price decreased to $490,291 down 15.1%

Breckenridge:
Single Family Home Average Price increased to $1,599,809 up 37.7%
Multi-Family Average Price increased to $794,993 up 12.2%

Copper Mountain:
There were no properties sold in January-March 2018. The only SF Home sale in January-March 2019 was for $3,380,000
Multi-Family Average Price increased to $568,375 up 28%

 

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