Highlands Home Sales Are Strong
May 11, 2013 11:06 AM -- Filed in: Market Statistics | Highlands at Breckenridge
Hello from Breckenridge, Colorado!
Sales are strong in the Highlands At Breckenridge luxury home subdivision. As of today, 5/11/2013, there is a 10-month supply of homes in the Highlands (just the original Highlands subdivision - not the golf course filings nor Discovery Hill, etc).
Some details:
So, for the last 3 sales, the Breckenridge RE/MAX office had the buyer! Hmmm… I guess you know who to call! Roger & Teresa at (970) 376-2038!
It’s great to see continued strength in our local real estate market, isn’t it? With the stock market at an all time high, and interest rates at historic lows, it looks like 2013 is shaping up to be a fantastic year for Breckenridge.
Roger & Teresa Moen
Your Mountain Realtors
970.376.2038
Sales are strong in the Highlands At Breckenridge luxury home subdivision. As of today, 5/11/2013, there is a 10-month supply of homes in the Highlands (just the original Highlands subdivision - not the golf course filings nor Discovery Hill, etc).
Some details:
- We charted all 65 home sales in this subdivision since 1/1/2009, and the price-per-square-foot is stable and slightly rising! (See the red line). There’s a slight +2% percent per year uptrend (green line) in the price per square foot.
- The most recent sale (blue line) was for $3,400,000 on 4/24/13, which is the highest sales price in this subdivision, ever!
- The last three sales were:
- $359 / sq ft on 4/8/13 - We (Roger & Teresa) had the buyer!
- $389 / sq ft on 4/24/13 - An agent in our Breckenridge RE/MAX office had the buyer!
- $448 / sq ft on 4/24/13 - Once again, an agent in our Breckenridge RE/MAX office had the buyer!
So, for the last 3 sales, the Breckenridge RE/MAX office had the buyer! Hmmm… I guess you know who to call! Roger & Teresa at (970) 376-2038!
It’s great to see continued strength in our local real estate market, isn’t it? With the stock market at an all time high, and interest rates at historic lows, it looks like 2013 is shaping up to be a fantastic year for Breckenridge.
Roger & Teresa Moen
Your Mountain Realtors
970.376.2038
Breckenridge Market Update
May 06, 2013 01:34 PM -- Filed in: Market Statistics
Hello from Breckenridge, the best ski town in the Colorado Rockies!
Here’s the spring-time review for the real estate market in Breckenridge, Colorado.
We have a buyer’s market that is steadily moving towards a more balanced market. Portions of our market are actually starting to favor sellers; for example, there is only a 2-month supply of homes under $500,000 in Breckenridge! Overall, prices per square foot are roughly flat since 2009, and the number of sales is clearly moving up.
There’s plenty to choose from, prices are rolled back to 2005 levels, and interest rates are low. If you’ve been wanting to invest in Summit County, CO, now is the time!
The chart above shows the number of residential sales in Breckenridge (homes, condos, townhomes, duplexes, and vacant lots) for the period January 1 to May 5 for each of the years 2005 through 2013.
Please check back from time to time, for more Breckenridge Colorado real estate market statistics and analysis.
Roger and Teresa Moen
Your Mountain Realtors
877.453.2266
Here’s the spring-time review for the real estate market in Breckenridge, Colorado.
We have a buyer’s market that is steadily moving towards a more balanced market. Portions of our market are actually starting to favor sellers; for example, there is only a 2-month supply of homes under $500,000 in Breckenridge! Overall, prices per square foot are roughly flat since 2009, and the number of sales is clearly moving up.
There’s plenty to choose from, prices are rolled back to 2005 levels, and interest rates are low. If you’ve been wanting to invest in Summit County, CO, now is the time!
The chart above shows the number of residential sales in Breckenridge (homes, condos, townhomes, duplexes, and vacant lots) for the period January 1 to May 5 for each of the years 2005 through 2013.
- 2006 was the peak year for number of transactions
- 2009 was the lowest year for number of transactions
- The number of sales year-to-date is up 32% over last year at this time, and is more than double what it was in 2009!
- On average, the number of residential sales in Breckenridge has increased 20% per year since 2009
- The total sales volume (the sum of all selling prices) year-to-date is up 32% vs 2012 on this date. (This is what one would expect, if prices are also flat: the increase in $ sales volume, matches the increase in the number of transactions).
- The prices of properties peaked in late 2007 / early 2008. Prices are currently around 30% below that peak.
- Prices have stabilized. Several condo complexes and subdivisions are showing that sold prices per square foot are roughly flat since 1/1/2009. There is no strong trend, either up or down, in selling price-per-square-foot for all of 2009 - 2013.
Please check back from time to time, for more Breckenridge Colorado real estate market statistics and analysis.
Roger and Teresa Moen
Your Mountain Realtors
877.453.2266
Snow Sculpture Championships
It’s the 23rd Annual International Snow Sculpture Championships!
The big winner this year was Team Mongolia's "Mongolian Warriors", which took First Place, People's Choice, and Artist's Choice! Visit our online photo album and click “Start Slideshow”
For videos showing the sculptures as they emerge from their blocks of snow, and photos of past year’s events, click here.
Roger & Teresa Moen
Your Mountain Realtors
877.453.2266
The big winner this year was Team Mongolia's "Mongolian Warriors", which took First Place, People's Choice, and Artist's Choice! Visit our online photo album and click “Start Slideshow”
For videos showing the sculptures as they emerge from their blocks of snow, and photos of past year’s events, click here.
Roger & Teresa Moen
Your Mountain Realtors
877.453.2266
Breckenridge Year-End Review 2012
January 30, 2013 01:36 PM -- Filed in: Market Statistics
Happy New Year!
Here’s the year-end review for the real estate market in Breckenridge, Colorado.
Get the quick answer from our 1-minute video, or see the details below.
We have a buyer’s market that is recovering and slowly moving towards a more balanced market, especially for entry level (affordable) homes and condos. Prices per square foot are roughly flat since January 2009, and the number of sales is clearly moving up.
There’s plenty to choose from, prices are rolled back to 2005 levels, and sellers are motivated. If you’ve been wanting to invest in Summit County, CO, now is the time!
The chart above shows the number of residential sales in Breckenridge (homes, condos, townhomes, duplexes, and vacant lots) for each of the years 2004 through 2012.
Please check back from time to time, for more Breckenridge Colorado real estate market statistics and analysis.
Roger and Teresa Moen
Your Mountain Realtors
877.453.2266
Here’s the year-end review for the real estate market in Breckenridge, Colorado.
Get the quick answer from our 1-minute video, or see the details below.
We have a buyer’s market that is recovering and slowly moving towards a more balanced market, especially for entry level (affordable) homes and condos. Prices per square foot are roughly flat since January 2009, and the number of sales is clearly moving up.
There’s plenty to choose from, prices are rolled back to 2005 levels, and sellers are motivated. If you’ve been wanting to invest in Summit County, CO, now is the time!
The chart above shows the number of residential sales in Breckenridge (homes, condos, townhomes, duplexes, and vacant lots) for each of the years 2004 through 2012.
- 2005 was the peak year for number of transactions
- 2009 was the lowest year for number of transactions
- The number of sales rose 15% in 2010 (over 2009); rose 18% in 2011 (over 2010); and rose another 12% in 2012 (over 2011)
- On average, the number of residential sales in Breckenridge has increased 15% per year, three years in a row, since 2009
- The total sales volume (the sum of all selling prices) is up nearly 16% vs 2011.
- The prices of properties peaked in late 2007 / early 2008. Prices are currently around 30% below that peak.
- Prices have stabilized. Several condo complexes and subdivisions are showing that sold prices per square foot are roughly flat since 1/1/2009. There is no strong downtrend in selling price-per-square-foot for all of 2009 - 2012.
- For overall Summit County, the chart looks quite similar to the one above, but the numbers are all roughly double. (Breckenridge accounts for around 40-45% of the sales in Summit County). County-wide, the number of sales was lowest in 2009; rose 11% in 2010; rose 10% in 2011; and rose a whopping 19% on top of that in 2012. On average, the number of residential sales in all of Summit County has increased 13% per year, three years in a row, since 2009.
Please check back from time to time, for more Breckenridge Colorado real estate market statistics and analysis.
Roger and Teresa Moen
Your Mountain Realtors
877.453.2266
How's The Market 1/28/13
January 29, 2013 12:15 PM -- Filed in: Market Statistics | Videos
Happy New Year! It's time for our year-end review!
How's the Breckenridge, Colorado real estate market? It's still a buyer's market, but recovering nicely. Which year had the highest number of residential sales? The least? Are the number of sales increasing? Watch and find out! Filmed at the International Snow Sculpture Championships in Breckenridge. For more details, see our 2012 year-end review.
Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.
Please check back from time to time, for more videos.
Roger and Teresa Moen
Your Mountain Realtors
970.376.2039
How's the Breckenridge, Colorado real estate market? It's still a buyer's market, but recovering nicely. Which year had the highest number of residential sales? The least? Are the number of sales increasing? Watch and find out! Filmed at the International Snow Sculpture Championships in Breckenridge. For more details, see our 2012 year-end review.
Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.
Please check back from time to time, for more videos.
Roger and Teresa Moen
Your Mountain Realtors
970.376.2039
Christmas In Breckenridge
Find out why everyone has their best Christmas and Holiday season in Breckenridge!
December events include The Lighting of Breckenridge and the town tree; Santa's processional down Main Street; Santa's appearance at RE/MAX; and the snow, shops, scenery and skiing! Not to mention the New Year's Eve Torchlight Parade down Peak 9 at around 6pm, and fireworks on the ski hill at around 9pm.
Enjoy our video below, and then check out The Race Of The Santas!
Did you know: you can expand the video to full screen? Click the button, above right, with the 4 arrows.
Please check back from time to time, for more videos.
Roger and Teresa Moen
Your Mountain Realtors
877.453.2266
December events include The Lighting of Breckenridge and the town tree; Santa's processional down Main Street; Santa's appearance at RE/MAX; and the snow, shops, scenery and skiing! Not to mention the New Year's Eve Torchlight Parade down Peak 9 at around 6pm, and fireworks on the ski hill at around 9pm.
Enjoy our video below, and then check out The Race Of The Santas!
Did you know: you can expand the video to full screen? Click the button, above right, with the 4 arrows.
Please check back from time to time, for more videos.
Roger and Teresa Moen
Your Mountain Realtors
877.453.2266
Racing Santas & Lighting of Breckenridge
Coming Saturday Dec 1, 2012 at 4pm: The Lighting of Breckenridge, Colorado! New for this year: the kid’s Reindeer Race! Then, the Race of the Santas, followed by the lighting of the town tree.
Over 100 Santas race up and down Main Street as a fund-raiser for Adopt an Angel, helping families in need. Followed by cocoa, cookies, and caroling at the Red, White & Blue Fire Station. Then, the processional to the Blue River Plaza, with Santa in his horse-drawn carriage, escorted by dozens of Bernese Mountain Dogs and hundreds of townsfolk. And finally, the lighting of the Town Tree!
All the details are on http://www.breck.net/calendar.cfm
Enjoy our video from Dec 3, 2011, below, and then check out our video of Christmas In Breckenridge!
Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.
Please check back from time to time, for more videos.
Roger and Teresa Moen
Your Mountain Realtors
877.453.2266
Over 100 Santas race up and down Main Street as a fund-raiser for Adopt an Angel, helping families in need. Followed by cocoa, cookies, and caroling at the Red, White & Blue Fire Station. Then, the processional to the Blue River Plaza, with Santa in his horse-drawn carriage, escorted by dozens of Bernese Mountain Dogs and hundreds of townsfolk. And finally, the lighting of the Town Tree!
All the details are on http://www.breck.net/calendar.cfm
Enjoy our video from Dec 3, 2011, below, and then check out our video of Christmas In Breckenridge!
Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.
Please check back from time to time, for more videos.
Roger and Teresa Moen
Your Mountain Realtors
877.453.2266
Thanksgiving 2008 Huge Snowfall
November 28, 2012 11:10 AM -- Filed in: Videos | Alpine Breckenridge Sub
Guess what: four years ago for Thanksgiving, we had huge snowfall! The skiing was fantastic.
November 30th, 2008 we got over a foot of snow at our house! We live a few miles outside of downtown Breckenridge, Colorado, near the National Forest. Our elevation is 10,700.
Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.
Please check back from time to time, for more videos.
Roger and Teresa Moen
Your Mountain Realtors
970.376.2039
November 30th, 2008 we got over a foot of snow at our house! We live a few miles outside of downtown Breckenridge, Colorado, near the National Forest. Our elevation is 10,700.
Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.
Please check back from time to time, for more videos.
Roger and Teresa Moen
Your Mountain Realtors
970.376.2039
How's The Market 11/26/12
November 26, 2012 10:07 AM -- Filed in: Market Statistics
How’s the real estate market in Summit County, Colorado?
The number of residential sold properties in Summit County is up 15% vs last year at this time!
Last week the number of residential (homes, condos, townhomes, and duplexes - no vacant land) sold properties in Summit County surpassed the 2011 year end total and this week the total number of sales in Summit County gained another 2%. In one week, the county went from a 13% gain in sold properties to today’s 15% gain!
Countywide the number of sold properties is up 15% and the North Side of the county (Frisco, Silverthorne, Dillon, Keystone, and Copper) is almost at a 20% gain while the South Side (Breckenridge) is at a 9% gain.
The average sold price for Summit County Residential sales is up 0.4%. The North Side of the county is now at a 3.5% increase and the South Side remains almost unchanged at minus 0.6%. It will be interesting to see what the next five weeks will bring as we wind the year down.
Active listings today are down -14.7% vs last year on this date, and the total residential properties in the county that are under contract are up 7.5%. The 7.5% is primarily due to two situations this past week: 1. The number of properties that went under contract surged by 33% and the number of properties that sold went down by 22%.
More details at http://WeeklyREActivity.com .
Happy Holidays!
Roger and Teresa Moen
Your Mountain Realtors
970.376.2039
The number of residential sold properties in Summit County is up 15% vs last year at this time!
Last week the number of residential (homes, condos, townhomes, and duplexes - no vacant land) sold properties in Summit County surpassed the 2011 year end total and this week the total number of sales in Summit County gained another 2%. In one week, the county went from a 13% gain in sold properties to today’s 15% gain!
Countywide the number of sold properties is up 15% and the North Side of the county (Frisco, Silverthorne, Dillon, Keystone, and Copper) is almost at a 20% gain while the South Side (Breckenridge) is at a 9% gain.
The average sold price for Summit County Residential sales is up 0.4%. The North Side of the county is now at a 3.5% increase and the South Side remains almost unchanged at minus 0.6%. It will be interesting to see what the next five weeks will bring as we wind the year down.
Active listings today are down -14.7% vs last year on this date, and the total residential properties in the county that are under contract are up 7.5%. The 7.5% is primarily due to two situations this past week: 1. The number of properties that went under contract surged by 33% and the number of properties that sold went down by 22%.
More details at http://WeeklyREActivity.com .
Happy Holidays!
Roger and Teresa Moen
Your Mountain Realtors
970.376.2039
How's The Market 10/17/12
October 18, 2012 01:07 PM -- Filed in: Market Statistics | Videos
How’s the real estate market in Breckenridge, Colorado?
The number of residential sales in Summit County is up 18% vs last year at this time! And the number of sales in Breckenridge is up 12%. Breckenridge prices are still flat, on average; however, homes under $500K are still our hottest segment - there is only a 6-month supply.
But, what’s the multi-year trend? Are there more sales every year, or fewer? Watch our one-minute video, below, to find out! For more details on the market, see our article, The Number Of Sales: Up or Down?
Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.
Please check back from time to time, for more videos.
Roger and Teresa Moen
Your Mountain Realtors
970.376.2039
The number of residential sales in Summit County is up 18% vs last year at this time! And the number of sales in Breckenridge is up 12%. Breckenridge prices are still flat, on average; however, homes under $500K are still our hottest segment - there is only a 6-month supply.
But, what’s the multi-year trend? Are there more sales every year, or fewer? Watch our one-minute video, below, to find out! For more details on the market, see our article, The Number Of Sales: Up or Down?
Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.
Please check back from time to time, for more videos.
Roger and Teresa Moen
Your Mountain Realtors
970.376.2039