Top Events Summit County

Date: April 10th
Location: Portfolio Online

A lot can happen in a month, and Covid-19 is one of the greatest examples of that, but communities everywhere are finding creative ways to stay engaged and help keep people connected. Portfolio Gallery is hosting an online art contest, on the topic of "What Home Means to Me". Deadline for online entry is April 10th. Check out the Portfolio Online link in ‘Location’ to enter or to see the entries!

The Sofa Singers

Date: Weekly
Location: Virtual Online

One of the best things you can do when you’re stressed out is sing, especially sing with others! There are many virtual choirs developing as people want to be connected with others, and sing.

Set up by

As part of the Summit Community Climate Action Plan, Breckenridge recently adopted the 2018 International Energy Conservation Code, this newly passed action will be a stricter standard of efficiency. This new code will raise the house price by about 1-2%, however, these changes will also increase the value of the home, as Breckenridge is by no means a temperate climate, making living in Summit County very energy demanding; which also means we have a greater responsibility to try to offset those energy demands. 

“We’re doing it for the sake of keeping the place where we live a place we can live and the clock is ticking,” Council member Wolfe said. “We must go in this direction. So I’m prepared, realizing that there’s going to be bumps in the road …

What to do This Month!

 1st Annual Snow Festival

Dates: February 6th - 8th

Don't miss out on the first annual Snow Festival in Frisco, at the 10 Mile Music Hall. Special performances, discounted lift tickets, tubing and more! Check out this three day festival! 

Full schedule and tickets 

 Portfolio Gallery 

Dates: February 14th, 5PM - 8:30PM

This free event features local arts and artists, live music, and wine. Mixed Media is Portfolio Gallery’s way to connect the community with our artists and local musicians, as well as providing an eclectic and casual setting in which to relax with a glass of rose surrounded by gorgeous artwork. Leslie Jorgensen, a backcountry painter is this events featured artist. 

Check out

Breckenridge Voted one of the top US Cities for a Long and Healthy Life 

Summit County boasts one of the highest average life expectancy for residents and some of the healthiest aging population. The life expectancy for Summit County is 86.8 years, where the national average is 79 years. To see other top listed cities check out this link.

Studies by Washington University show that Summit County has held the place of the lowest cancer mortality rates and very low obesity rates, much of this is due to the exceptional number of outdoor activities available in the area. The Summit County also has individuals who are very dedicated to helping the aging population of the area age with health and safe living in mind. The Longevity

Third Quarter Review

With the close of 2017 right around the corner, the trend of increasing prices over 2016 continues. Comparing 2016’s third quarter with the 2017 third quarter, Summit County marks positive increases across many areas. The Average Residential Sales Price continues to climb over the previous year with an 18.45% increase, raising the average sales price from $563,866 to an incredible $667,911. We also saw a 17.11% increase in the Overall Transaction Median Price.

While we saw a small dip in the number of closed transactions this year (773 this year compared to 794 in 2016), the momentum of the overall market is reflected in the Gross Sales Volume with an increase of 19.91% over 2016. This is due to the previously mentioned

In Summit County, there are two very distinct seasons for real estate - the summer season and the ski season (typically November through April). This month we are taking a peak into the market conditions of our recently completed ski season compared to years past.

Residential Sold Property Comparison

The number of residential properties sold throughout the ski season (November-April) remained relatively flat in Breckenridge with 254 sales in the 2015-2016 season and 250 in the 2016-2017 season. Mirroring the micro-market of Breckenridge, the overall Summit County market saw a slight increase of 19 additional sales year over year.

Sales Price Comparison

While the number of sales stayed roughly the same, the median sales prices increased

Summit County Stats

There were 325 residential properties sold in the first quarter of 2017 compared to only 296 in the first quarter of 2016. The average sales price for all property sales this year is $740,253 compared to $616,708 last year which represents an increase of 20%. 

The total dollar volume for sales in the first quarter this year was $240.5M compared to $182.5M in 2016 for an increase of almost 32%. 

Another sign the Summit County real estate market remains strong compared to other investment vehicles is the number of cash buyers we've seen so far this year. Last year there were 84 cash purchases in the first quarter of the year while that number grew to 101 cash purchases in the same time this year. Residential real estate

Breckenridge Associates Real Estate has recently released The Source Magazine.  It is your go-to real estate information guide for Summit and Park Counties!  Take a look at some of the current listings on the market.  I would be more than happy to help you make your dreams of owning a mountain home a reality.  Please feel free to contact me for the most update information.

*Click on the magazine image above to see the electronic version

Great news as the first several months of 2015, the Summit County real estate sale numbers are continuing to show signs of growth.  At the end of April, Summit County has seen an increase in the number of residential properties sold by 15 percent compared to the same time in 2014.  And further proof that the Summit County real estate market is strengthening is indicated in the 2015 average sales price of single family homes and condos in the area improving over the past year.  The competition is far less than five years ago with the dwindling number of active properties.  With only 938 active listings at the beginning of May, compared to 1,223 for the same time period in 2014, now is a great time to sell as the Buyers’ return to the marketplace in the