Luxury Home Prices Still Stable

Hello from Breckenridge, Colorado!

Here’s more good news, from the Highlands At Breckenridge luxury home subdivision:
  • We charted all 32 home sales in this subdivision since 1/1/2009, and the price-per-square-foot is stable! (See the magenta line). In fact, there’s a slight 2.7% percent per year uptrend (yellow line) in the price per square foot. The sold prices ranged from $850,000 to $2,199,000.

For homes in The Highlands At Breckenridge subdivision:
  • The peak selling prices occurred roughly from July 1, 2007 to July 1, 2008, and averaged $401 per sq ft
  • Selling prices from January 2009 through November 2010 averaged $309 per sq ft
  • That’s a drop of around 23% from the peak
  • Prices appear to have bottomed out, and since 1/1/2009 they are rising at a rate of 2.7% per year

So, we’re having a sale! Luxury home prices have been rolled back 23% - but they are rising off of their lows.

What a great time to buy, in one of the most affordable ski resort towns in the U.S.!



Roger & Teresa Moen
Your Mountain Realtors
877.453.2266

Santa at RE/MAX

Ho Ho Ho!

Santa Claus is coming to town! And he’ll be at REMAX Properties of the Summit, at 220 S. Main Street, on Thursday Dec 16th from 4-6:30PM!

Free gifts for all the good girls and boys!



Don’t forget your camera!



Roger and Teresa Moen
Your Mountain Realtors
877.453.2266