10% increase from December 2006 in real estate monetary volume with 271 transactions compared to 298 transactions in December 2005(9% decrease in transactions compared to 2005, same decrease from 2005 to 2004 in December)
The Residential Price Index for all of Summit County in December shows the average price of a single family home: $662,604, multi-family: $398,711 and vacant land: $294,250
4 properties sold in the $900,001 to 1,000,000 price range, 12 properties sold in the $1,000,001 to $1,500,000 price range, 1 property sold in the $1,500,001 to $2,000,000 price range and 1 property sold in the $2,000,001 to $2,500,000 price range in December.
Market Analysis by Area Summit County, Colorado December 2006
Area
$ Volume Transactions
% of $ Volume
# of Transactions
% of Transactions
Average $ Transaction Price
Median $ Transaction Price
Blue River & South to County Line
$10,403,500
6.64%
17
6.27%
$611,971
$565,000
Breckenridge
$34,531,000
22.02%
64
23.62%
$539,547
$495,000
Breckenridge Golf Course
$13,408,400
8.55%
23
8.49%
$582,974
$403,750
Central Summit County (non-town)
$42,000
0.03%
1
0.37%
$42,000
NA
Copper Mountain
$4,432,300
2.83%
19
7.01%
$233,279
$220,000
Corinthian Hills & Summerwood
$1,438,000
0.92%
2
0.74%
$719,000
NA
Dillon Town & Lake
$1,485,000
0.95%
5
1.85%
$297,000
$257,000
Dillon Valley
$853,500
0.54%
6
2.21%
$142,250
$106,000
Farmers Corner
$545,000
0.35%
1
0.37%
$545,000
NA
Frisco
$18,270,400
11.65%
21
7.75%
$870,019
$345,000
Heeney
$345,000
0.22%
1
0.37%
$345,000
NA
Keystone
$16,944,100
10.81%
38
14.02%
$445,897
$366,000
Montezuma
$0
0.00%
0
0.00%
$0
$0
North Summit County (rural)
$1,255,000
0.80%
1
0.37%
$1,255,000
NA
Peak 7
$24,813,500
15.83%
4
1.48%
$6,203,375
$660,000
Silverthorne
$11,952,400
7.62%
25
9.23%
$478,096
$367,750
Summit Cove
$4,715,000
3.01%
10
3.69%
$471,500
$321,000
Wildernest
$8,468,900
5.40%
25
9.23%
$338,756
$314,500
Woodmoor
$2,892,100
1.84%
8
2.95%
$361,513
$250,000
Misc. & Out of County
$0
0.00%
0
0.00%
$0
$0
TOTAL
$156,795,100
100.00%
271
100.00%
$578,580
$368,000
Please note: The above figures do not include time share interests and are an unofficial tabulation of Summit County records that are believed to be reasonably accurate.
Provided to you by: Land Title Guarantee Company Brooke Roberts Valance - Director of Sales and Marketing Land Title Guarantee Company Office:970.453.2255 ext. 26 bvalance@ltgc.com