Breckenridge Condos For Sale & Market Data 2004-2013
Krystal Knott February 6, 2014
Krystal Knott February 6, 2014
There are currently 127 Breckenridge condos for sale with an average list price of $538,268 ($687/square foot) in the Breckenridge real estate market. The lowest priced Breckenridge condo for sale is $160,000 for a ski-in 1-bedroom condo with 296 square feet. The highest priced condo for sale in Breckenridge is a 4-bedroom penthouse at the base of Peak 7 in Crystal Peak Lodge with 2,060 square feet listed for $2,695,000. There are also 28 Breckenridge condos currently under contract.
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In 2013, there were 282 Breckenridge condo sales, which is an increase of +33% compared to the 212 Breckenridge condo sales in 2012. While the number of Breckenridge condo sales is still down compared to the height of the past 10 years, with 492 sales in 2005, the market has improved since the low of 117 sales in 2009. This data tells us that there are currently 5.5 months of inventory for Breckenridge condos.
While the number of Breckenridge condo sales continues to improve, the average sold price and sold price per square foot do as well. In 2013, the average sold price for a Breckenridge condo increased +12% from $356,368 in 2012 to $399,122 in 2013. With the average sold price per square foot rising from $401/SF in 2012 to $431/SF in 2013, an improvement of +7.5%. With lower inventory, prices increasing, and confidence improving in the Breckenridge real estate market with more sales than previous years, it appears the Breckenridge condo sales are on the rebound.
If you are looking for Breckenridge condos for sale or looking to sell your Breckenridge condo, contact Krystal Knott with Christie’s International Real Estate. Our full-service team approach gives you the confidence you want when making a large financial decision. Call today to discuss your search or the property you want to sell at (970) 333-0116. You can also start your Breckenridge condo search online, where you have access to the entire Summit County MLS.
These single-family residences are situated on anywhere from 0.14 to 0.43 acres.
If you are looking for a dedicated broker who will not only put your needs first but will work hard to exceed your every expectation, give Krystal a call. She and her unmatched team of professionals are eager to show you that there is no better choice in Summit County to buy or sell your home.