Breckenridge Real Estate Market Report – April 2016
Krystal Knott April 12, 2016
Krystal Knott April 12, 2016
The Breckenridge real estate market is on the rise for the first quarter in 2016 compared to all of 2015. Average sales price for residential properties increased +10.96% in the first quarter of 2016, with an average sales price of $809,483 compared to $729,508. However, the average sold price per square foot only increased +5.21% from $422 per square foot up to $444 per square foot.
The increase in average sales price and price per square foot is likely due to the low inventory that the Breckenridge real estate market is currently experiencing. Currently, there are 216 active Breckenridge property listings, which equate to approximately 105 days of inventory. As we enter spring and summer, inventory levels are expected to increase, giving Buyers more options when looking to purchase a property in the Summit County real estate market.
For additional information on the Breckenridge real estate market, a specific complex or property, contact Krystal Knott with Christie’s International Real Estate. With over 10 years of full-time experience, she can assist you in finding the ideal Breckenridge property, negotiate the best price, and get you to Closing smoothly. Contact her by calling (970) 333-0116 or email them at [email protected].
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.