Summit County Market Updates Blog
Breckenridge and Summit County Real Estate Market Trends, Updates, and Insights
Breckenridge Short-Term Rental Guide: Understanding the STR Zones & Regulations
Breckenridge, Colorado, renowned for its world-class skiing and vibrant mountain culture, has implemented a structured approach to short-term rental (STR) licensing to balance tourism with community well-being. The town is divided into distinct zones, each with specific regulations governing STR licenses. Understanding these zones is crucial for current property owners and prospective buyers interested in the short-term rental market.
Summit County Real Estate Market Off to a Strong Start in 2025
The new year has kicked off with impressive momentum in Summit County’s real estate market. January sales surged 33% compared to the same period in 2024, signaling a strong demand for mountain properties. Even more notable is the 13% increase in the average sales price, which now sits at $1,560,067.
Summit County 2024 Real Estate Market Recap: Residential, Single-Family Homes, and Condos
Residential Sales: The average sold price change ranges from +1% to +17%, depending on which town the home is located in. The number of sales changed from 2023 to 2024, ranging from -8% to +32%. The percentage of the list-to-sold price is 97% everywhere except for Frisco, and Silverthorne.
Why You Need a Buyer’s Agent in Summit County, CO
Discover why having a buyer’s agent in Summit County, CO, is essential for navigating the complexities of mountain real estate. From understanding unique property types like condotels to ensuring proper inspections for wells, septic systems, and water rights, a local expert will guide you through every detail. A buyer’s agent also helps manage critical contract deadlines, negotiate effectively in a competitive market, and protect your investment. Learn how BuyBreck can make your home-buying journey seamless and successful in Summit County.
The Benefits of Working with a Local Broker in Summit County, CO
Discover the key advantages of partnering with a local broker in Summit County, CO, whether you're buying or selling. Local brokers bring unmatched expertise in the unique market dynamics, property types, and community nuances of the area. They provide personalized service, leverage deep connections, and ensure every step of your real estate journey is seamless. Learn how their insider knowledge can maximize your investment and make your mountain home dreams a reality.
Summit Residential Real Estate Market Update - Early December 2024
As 2024 draws to a close, the Summit County real estate market continues to demonstrate resilience and adaptability. Let’s dive into the most recent statistics and trends to keep you informed about the state of our local market.
Breckenridge Calendar of Events: Winter 2024-2025
Discover the best winter events in Breckenridge, CO, with our comprehensive Winter 2024 calendar. From the magical Lighting of Breckenridge and Race of the Santas to the exciting Ullr Fest and the awe-inspiring International Snow Sculpture Championships, there’s something for everyone. Explore additional winter activities like skiing, snowshoeing, and festive holiday celebrations. Plan your visit to experience the charm and excitement of Breckenridge’s winter wonderland.
Holiday Recipe: Brie en Croûte
Enhance your holiday appetizer offerings with this irresistible Brie en Croûte. Creamy brie is wrapped in flaky puff pastry and topped with a crunchy, cinnamon-sugar pecan mixture for the perfect balance of sweet and savory. Baked to golden perfection, this crowd-pleaser pairs beautifully with crackers, baguette slices, or fresh fruit. It's a simple yet elegant dish that will impress your guests!
Summit County, CO Residential Sales Year-to-Date Through October 31, 2024
Summit County’s real estate market has remained steady through October 2024, with 1,030 residential sales matching last year’s total, but an impressive 11% increase in closed volume and average sales price. Inventory has surged by 47%, offering buyers more options, though properties are still moving quickly with an average of 51 days on market. Slightly softened list-to-sold price ratios and potential future interest rate cuts could create exciting opportunities for buyers and sellers as we head into 2025. Stay tuned for updates as the market evolves.
Why Working with a Local Summit County Real Estate Agent is Essential
Buying a home in Summit County comes with unique challenges, from understanding market trends to navigating complex property types like condotels and ski-in/ski-out homes. A local real estate agent offers in-depth market knowledge, strong connections to trusted local professionals, and expertise in navigating specific regulations and contracts. They provide personalized service and are readily available to help you find the perfect property, ensuring a smooth and successful transaction.