Krystal Knott January 16, 2013
The Breckenridge Real Estate market appears to be on the rebound with what is shaping up to be a current stabilization of prices. In 2012, the average sales price increased 2% over 2011. Since the height of the Breckenridge Real Estate market in 2008, the average sales price is down -23.41%. The average sales price in 2008 was $824,544 compared to the 2012 average of $631,517 for all residential sales.
While the average sales price is slowly on the rise the average sold price per square foot for 2012 leveled out at $338 compared to $340 per square foot in 2011. At the height of the Breckenridge Real Estate market in 2008, the average sold price per square foot was $487. As of the end of 2012, the Breckenridge Real Estate market is down -30.50% from 2008.
The number of residential sales in Breckenridge, Colorado, is on the rise. In 2012, there were 552 sales in the Breckenridge Real Estate market, which is an increase of 10.40% over 2011, when there were 500 sales. With prices showing signs of leveling out, if not increasing, and the number of sales increasing, the Breckenridge Real Estate market is showing signs of improvement. While this is an overview of the Breckenridge Real Estate market, we have provided similar data for Breckenridge condos and Breckenridge homes below:
Breckenridge Condos Real Estate Market Report — Breckenridge Homes Real Estate Market Report
As of January 2013 there are 432 residential properties for sale in Breckenridge, Colorado. The list prices start at $90,000 for a 280 square foot studio up to $5,435,000 for a 7,949 square foot home. For additional information on properties for sale in Breckenridge, CO, previous sales data and Breckenridge Real Estate in general, contact Krystal Knott with Christie’s International Real Estate. I understand that this is a big decision, and I am ready to assist you in finding the ideal mountain getaway or investment property in Breckenridge, Colorado.
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.