January is typically a slower month for Summit County’s real estate market, but Land Title Guarantee Co.’s most recent report (for the month of January) shows a promising sign: The monetary volume for the month was up 28% compared to January 2021 sales even though the number of transactions was down 23%.
This means that prices are continuing to rise and demand is still strong, even though the number of actual sales are down.
As of Wednesday, March 2, there are 74 single-family homes, townhomes and condos for sale in Breckenridge, Frisco, Dillon, Silverthorne, Copper Mountain and Keystone that are not deed restricted for local housing. Of the 74 residences for sale, 23 are under construction and not available for immediate occupancy, leaving only 51 residences available for purchase and move-in ready.
There are rumors and worries about what the loom of interest rates and what new short-term rental regulations will do to the market, but for now, it appears to be holding steady and tracking well compared to years in the past.
