Breckenridge Real Estate Blog

U.S. Housing Market 2020A new year always brings new questions, especially when it comes to the housing market. So if you’re planning to buy or sell sometime in 2020 and might be wondering what's in store over the next 12 months, here are a few things experts and economists are predicting…

Low inventory will still be an issue

Unemployment is sitting around a 50-year low and interest rates are still well below historical norms, so what gives? Well, housing supply remains low across the board, and especially at lower price ranges, so more renters, first-time home buyers, and existing home owners are staying put, which is continuing to hurt the market all over. 

Mortgage rates remain low 

Did you know that mortgage rates were hovering around 8.5 percent at the start of

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Now that the new year has finally arrived and the holiday season is officially behind us, we’ve now reached the peak of ski season here in Summit County and we figured there’s no better time like the present to provide our loyal followers with a few quick tips related to one of the more underrated wintertime activities—cross country skiing. So before you hit the trails this ski season, here are 5 things to keep in mind when it comes to cross country skiing.

Dress in layers

Definitely one of the most important thing to remember before going cross country skiing is to dress in layers. As an intense aerobic activity, it’s easy to overheat if you’re heavily dressed and the last thing you want to do out on the trail is start sweating.

Stretch before &

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Breckenridge Townhomes Inventory is a little tight when it comes to buying a Breckenridge townhouse right now, especially if you’re needing to stay under the $1 million threshold. So if you’re looking to make some big decisions in the early part of 2020 and hope to be settled into a new place sooner rather than later, here’s where you’ll currently find some really strong deals on available Breckenridge townhomes for sale. 

Main Street Junction 

Situated just off South Main Street and only minutes from ski lifts and downtown Breckenridge, the Main Street Junction community offers amazing living spaces, private heated garages, and even access to The Pioneer Club. Additionally, most units have anywhere between 700 and 1,300+ square feet and prices tend to start in the

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The Nutcracker at Warren Station

Date: Dec. 7th, at 3:00 PM and 6:00 PM
Location: Warren Station Center for the Arts

A holiday classic takes over Warren Station with the Summit School of Dance and the CO. Motion Dancers presenting The Nutcracker. Also, parents and children are encouraged to join in the Holiday Showcase, singalong and Jingle Bell Parade! 

Tickets are $15 for adults, $7 for children ages twelve - two, and free for those two years old and under.

 

Hartford Ski Spectacular

Date: December 9th - 14th
Location: Breckenridge Outdoor Education Center at Beaver Run Resort

The Hartford Spectacular hosted by our own BOEC is on of the nation's largest winter sport festivals for people with disabilities, with more than 800

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Luxury Breckenridge HomesDespite 2019 being a bit of a sluggish year for luxury home sales in general, the high-end market in Breckenridge has continued to remain strong in recent months.

According to newly released Summit County market data, Breckenridge registered 24% of the total sales revenue and 18% of the total transactions in October, while the average price for a residential home in town was $1.47 million. 

For anyone keeping track, that’s a 37% spike from the October average in 2018. 

Keystone also recorded a strong October, accounting for 15% of Summit County’s total transactions. Unlike Breckenridge, though, home prices in the Keystone area dropped 16% compared to last year’s average.  

By the numbers, Summit County saw 285 transactions in October, up from

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Now that we’re down to just one month left in 2019, many prospective home buyers and sellers are looking ahead and wondering what’s on the horizon for the housing market in 2020. And although it’s impossible to have all the answers right now, here are just a few noteworthy trends and tidbits to keep an eye on if you’re planning to be an active home buyer or seller in the new year. 

Downsizing

Baby Boomers and millennials are expected to play a major role in how the housing market shakes out in 2020. And with many baby boomers finally reaching retirement age, one out of every three households will be headed by somebody over the age of 65 in 2020, which could lead to many of these seniors finally looking to downsize to a smaller home or condo that’s

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Take a closer look at all the fun things happening throughout Breckenridge and the rest of Summit County during the 2019-2020 winter season...

December 7th

Lighting of Breckenridge & Race of the Santas

The first weekend in December is the official holiday season kickoff celebration in Breckenridge, and this year’s event is happening on December 7th. The Lighting of Breckenridge and the hundreds of runners dressed like Santa are hard to miss but our favorite part of the weekend is the annual Holiday Dog Parade!

December 11-15

Ullr Fest

The famed Breckenridge Ullr Fest will celebrate 57 years in 2019 and snow lovers of all ages are welcome and encourage to attend. As usual, horned Viking hats, the biggest bon fire in the country,

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If you’re hoping to buy new construction in Breckenridge but nothing seems to be catching your eye that has recently been completed, another option to consider involves scouting out land or an available home site that allows you to build your dream home from the ground up. 

Although easier said than done, we have 3 Breckenridge communities in mind that may be the perfect place to start your search if you’re an active buyer looking for the perfect build-site for your brand new home...

Peak Eight Place 

A rare opportunity awaits a Peak Eight Place, a small, intimate neighborhood perfectly situated at the base of Peak 8. Believe it or not, this is the only lot left in the community, and it’s a home site that offers breathtaking views and direct

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Check out This Years Nordic Gear Swap!

November 15th - 26th, 2019

9AM-5PM Daily 

CONSIGNMENT SALE!

Nov. 15th - 26th

New and Used Nordic Retail/Demos & Rentals

Cross country classic & skate, backcountry, telemark skis,

full packages, snowshoes and ski clothing at affordable prices. 

 

CHECK-IN YOUR EQUIPMENT FOR CASH! 

Equipment drop off: starting Nov. 8th-14th 9AM-5PM and days of the swap.

Turn your new or used gear and ski accessories into cash.

20% of the checked-in sold items benefit Summit Nordic Youth Skiing

Chose between 80% cash or 100% store credit.

NO ENTRY FEE TO CHECK IN ITEMS OR ATTEND THE SWAP FESTIVITIES

 

BRECKENRIDGE NORDIC CENTER 

9 Grandview Drive off Ski Hill Rd

(970) 453-6855

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Wake Up Breck!

Vail Resorts 'Epic Promise' is committed to helping our resort communities thrive; partnering with critical local organizations to make an impact. The ‘Cans for Coffee’ initiative offers a great way to give back locally in Summit County.

Thursday’s event begins bright and early at 7 a.m. and continues until all mugs run out!

Participating coffee shops for the 2019-20 event include:

Starbucks

Clint’s Bakery & Coffee House

Cool River Coffee House

Daylight Donuts

The Coffee Depot at Main Street Station

Cuppa Joe’s

The Crown 

Cabin Coffee of Breckenridge

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Copyright © 2020 SAR MLS. The information displayed herein was derived from sources believed to be accurate, but has not been verified by SAR MLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers' personal, non-commercial use. Any republication or reproducion of the information herein without the express permission of the SAR MLS is strictly prohibited.

Listing information last updated on May 28th, 2020 at 2:01am MDT.