Feb 2011
Most Expensive Homes In Breckenridge
February 22, 2011 03:52 PM -- Filed in: Most Expensive Homes
Hi everybody!
Love looking at luxury dream homes? Here’s the 20 most high-end properties in Breckenridge! Mostly homes, but a few are vacant land. Just imagine!
Contact us for more information on any of these great properties. Click the price to see more photos, etc.
Roger & Teresa Moen
Your Mountain Realtors
877.453.2266
Love looking at luxury dream homes? Here’s the 20 most high-end properties in Breckenridge! Mostly homes, but a few are vacant land. Just imagine!
Contact us for more information on any of these great properties. Click the price to see more photos, etc.
Roger & Teresa Moen
Your Mountain Realtors
877.453.2266
Mortgage Calculator
February 22, 2011 03:25 PM -- Filed in: Loan & Mortgage
Hello, buyers!
Just thought you’d find it handy to have a mortgage calculator on our site. Enjoy!
If you’d like the names of some great local lenders, just give us a call.
Roger & Teresa Moen
Your Mountain Realtors
877.453.2266
Just thought you’d find it handy to have a mortgage calculator on our site. Enjoy!
If you’d like the names of some great local lenders, just give us a call.
Roger & Teresa Moen
Your Mountain Realtors
877.453.2266
Breckenridge Market Overview 2/12/11
February 12, 2011 02:06 PM -- Filed in: Market Statistics
Hi!
Here’s your real estate market update, with statistics for Breckenridge, Colorado!
It’s still a strong buyer’s market. Prices are roughly flat since January 2009, and the number of sales has clearly started to increase.
There’s plenty to choose from, prices are rolled back to 2005-2006 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 (homes, condos, townhomes, duplexes, and vacant lots), from January 1st of a year, to February 12th of that year.
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 your real estate market update, with statistics for Breckenridge, Colorado!
It’s still a strong buyer’s market. Prices are roughly flat since January 2009, and the number of sales has clearly started to increase.
There’s plenty to choose from, prices are rolled back to 2005-2006 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 (homes, condos, townhomes, duplexes, and vacant lots), from January 1st of a year, to February 12th of that year.
- 2006 was the peak year for number of transactions (year to date)
- 2009 is the lowest year for number of transactions
- The number of properties sold to date in 2011 is up 30% vs this date in 2010! And up 86% vs 2009!!
- The total sales volume (the sum of all selling prices) is also up 30% vs 2010!
- The prices of properties peaked in late 2007 / early 2008. Prices are currently 25-30% 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 prices. Some areas show slight increases, some show slight decreases, but the overall recovery of the local Breckenridge real estate market is unmistakeable
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
Highlands Home Sales Encouraging
February 10, 2011 01:48 PM -- Filed in: Market Statistics | Highlands at Breckenridge
Hello there,
Here’s the real estate market update, for the luxury Highlands at Breckenridge subdivision in Breckenridge, Colorado!
It’s still very early in the year, but the number of sales so far is encouraging.
The chart above shows the number of residential home sales in the original Highlands At Breckenridge subdivision, from January 1st of a year, to February 9th of that year.
Roger and Teresa Moen
Your Mountain Realtors
877.453.2266
Here’s the real estate market update, for the luxury Highlands at Breckenridge subdivision in Breckenridge, Colorado!
It’s still very early in the year, but the number of sales so far is encouraging.
The chart above shows the number of residential home sales in the original Highlands At Breckenridge subdivision, from January 1st of a year, to February 9th of that year.
- The number of properties sold to date in 2011 is the same as last year, namely three so far. This is well above the average pace, going back to 2005.
- The total sales volume (the sum of all selling prices) is up slightly (4%) vs 2010
- 1/4/11, 35 Fletcher Ct, $1.495M, 6 bed / 8 bath, 7256 sq ft ($206/sq ft)
- 1/25/11, 1883 Highlands Dr, $957K, 4 bed / 3.5 bath, 4805 sq ft ($199/sq ft) (we found the buyer!)
- 2/8/11, 45 Golden Age Dr, $1.448M, 4 bed / 4.5 bath, 4908 sq ft ($295/sq ft)
Roger and Teresa Moen
Your Mountain Realtors
877.453.2266
You Know It's A Buyer's Market When...
February 08, 2011 10:13 AM -- Filed in: Teresa's Take On Things
Hello, everybody,
“So, you know it’s a buyers market when the locals are buying up all the real estate!”
This has been our experience with the local Breckenridge, Colorado real estate market so far in 2011. I believe that people have been waiting for the bottom to hit so they can obtain the best deal possible.
Since our numbers have shown some recovery, the locals are stepping forward and taking advantage of the opportunities. Most of the homes and condos we have sold have also been cash deals. Even though the interest rates are staying low with a lot of lenders, many people have been sitting on cash and are now ready to purchase.
The other source of business has been our clients that we have been working with for years and they are seeing that prices that are rolled back to what they were around 2005-06. One client finally bought his family a log home after looking at property for nearly 10 years! The family is thrilled to be here part time and are enjoying the great snow we have had this year. He was able to buy this beautiful log home at those prices from years ago.
We had another couple that have wanted to own here for years and just bought their first townhome after renting for way too long. The figured they could now afford a place and their payments go towards their investment instead of rent paying someone else's mortgage.
So life is good here in the mountains! Come and see us or give us a call!
Teresa
PS: Oh by the way - we have a new video introducing ourselves - check it out!
Roger & Teresa Moen
Your Mountain Realtors
877.453.2266
“So, you know it’s a buyers market when the locals are buying up all the real estate!”
This has been our experience with the local Breckenridge, Colorado real estate market so far in 2011. I believe that people have been waiting for the bottom to hit so they can obtain the best deal possible.
Since our numbers have shown some recovery, the locals are stepping forward and taking advantage of the opportunities. Most of the homes and condos we have sold have also been cash deals. Even though the interest rates are staying low with a lot of lenders, many people have been sitting on cash and are now ready to purchase.
The other source of business has been our clients that we have been working with for years and they are seeing that prices that are rolled back to what they were around 2005-06. One client finally bought his family a log home after looking at property for nearly 10 years! The family is thrilled to be here part time and are enjoying the great snow we have had this year. He was able to buy this beautiful log home at those prices from years ago.
We had another couple that have wanted to own here for years and just bought their first townhome after renting for way too long. The figured they could now afford a place and their payments go towards their investment instead of rent paying someone else's mortgage.
So life is good here in the mountains! Come and see us or give us a call!
Teresa
PS: Oh by the way - we have a new video introducing ourselves - check it out!
Roger & Teresa Moen
Your Mountain Realtors
877.453.2266
Wow It's Cold!
February 02, 2011 06:43 PM -- Filed in: Photos | Alpine Breckenridge Sub
Brrrrrr!
It was sooooooo cold this morning: 30 below!
That’s the view from my deck this morning.
Very unusual to be this cold here in Breckenridge!
Roger & Teresa Moen
Your Mountain Realtors
877.453.2266
It was sooooooo cold this morning: 30 below!
That’s the view from my deck this morning.
Very unusual to be this cold here in Breckenridge!
Roger & Teresa Moen
Your Mountain Realtors
877.453.2266
The Hottest Segment of the Breckenridge Market
February 02, 2011 03:08 PM -- Filed in: Market Statistics
Hello there,
As of 2/2/2011, here’s the hottest segment of the Breckenridge real estate market: condos under $300,000, with only a 7 month supply!
This is the strongest segment of the Breckenridge market. Other segments (notably vacant land, and high-end condos and high-end homes) are much more sluggish, with a multi-year supply.
Check back from time to time, for additional market statistics and observations for beautiful Breckenridge, CO, where “It’s a great time to be a buyer!”
Roger & Teresa Moen
Your Mountain Realtors
877.453.2266
As of 2/2/2011, here’s the hottest segment of the Breckenridge real estate market: condos under $300,000, with only a 7 month supply!
- The number of month’s supply is trending down - that’s the number of active listings, divided by the number of sales in a recent period.
- The yellow line, “Month Supply (short)” is based on short-term market activity: the number of current active listings vs the number of sales in the past 3 months. Based on the sales pace of the last 90 days, as of 2/2/11 we are down to a 7-month supply of condos under $300K (down from a high of more than 50 months, in 2010)
- The blue line, “Month Supply (medium)” is based on current actives vs sales in the past 6 months, and the magenta line, “Month Supply (long)" is based on current actives vs sales in the past 12 months. All trends are down, which means the market is heating up!
This is the strongest segment of the Breckenridge market. Other segments (notably vacant land, and high-end condos and high-end homes) are much more sluggish, with a multi-year supply.
Check back from time to time, for additional market statistics and observations for beautiful Breckenridge, CO, where “It’s a great time to be a buyer!”
Roger & Teresa Moen
Your Mountain Realtors
877.453.2266