While Summit County’s real estate sales have improved over the past few years, the nature of the resort market is holding things back compared to other residential areas.
“What we have here is non-distressed sellers that are holding onto property and waiting for prices to get better, said Chuck Leathers, the broker/owner of Chuck Leathers Real […]

Summary:· The June to July average home price in the 10 & 20 City Composites increased 0.9% (this is the fourth consecutive month of increases)· 17 of the 20 cities posted increases (Las Vegas & Phoenix were negative and Denver was flat)· The increase was expected due to the seasonal demand for homes· Compared to […]

As its neighbors suffered from a mid-summer home-sales slow down, Summit County saw a healthy increase in real estate transactions in July and August, though values have continued to drop.
Pitkin and Routt counties hit six- and eight-year lows respectively in home sales volumes in July, while Summit’s sales grew 18 percent in the last two […]

As its neighbors suffered from a mid-summer home-sales slow down, Summit County saw a healthy increase in real estate transactions in July and August, though values have continued to drop.
Pitkin and Routt counties hit six- and eight-year lows respectively in home sales volumes in July, while Summit’s sales grew 18 percent in the last two […]

Real estate sales in Colorado’s mountain-resort communities were gaining steam through most of this year, continuing a steady rebound from the market decline of 2008 and 2009.
July sales in Pitkin, Eagle, Summit, Routt and San Miguel counties were the lowest in years, potentially derailing a resort real estate market tracking toward recovery.
While the mountain counties […]

Condominium resale prices have been stable for the first half of 2011 with nearly no change. Almost 17 percent more of them have sold as well. There are some complexes where there have been no sales for a year or more. There are 2,400 properties for sale this week, still well below last year’s peak. […]

In the current economy, Summit County home valuations are being pushed lower by stricter appraisal guidelines and houses priced to sell.
“Given where the market is right now, those values are lower than what we’re used to because demand is not as high,” said Mary Francis Alquist of Sulquist Mortgage in Breckenridge. “Really, appraisers have to […]

Recently released numbers from the Summit County Assessor’s Office tell a dismal story of the impact the recession has had on the local housing market, but even in the face of an average 16 percent decline in property values, Summit real estate still fared better than its Eagle and Pitkin county neighbors.
“Values declined. That’s the […]

Tremendous sales of high dollar properties in April have lifted the average price this year to $512,700, about 10 percent higher than last year to date. Almost all of the April gain comes from resale homes, not from a launch or liquidation of new construction such as happened in May of last year. These are […]

Short walk to Snowflake Lift! Bus stop right across the Street on Kings Crown. Beautiful remodeled with designer furnishings Private hot tub or walk to pool. 1 car garage plus parking space. A fantastic location for skiing, walking to town or accessing the entire county on the Free Bus system. Don’t forget the Recreation Center […]