Breckenridge Residential Real Estate Price Reductions

Brett Rudolph September 26, 2022

The leaves are falling, and so are prices on residential real estate in Breckenridge, Colorado. If you have been waiting for an opportunity to purchase your mountain getaway or your forever home in the high country, now is a great time to purchase in Breckenridge, Colorado. In the last week, there have been eight price reductions on Breckenridge homes for sale. The market has shifted to a healthier, more stable position. We are seeing more inventory, and our buyers are enjoying more negotiating power. Currently, there are 181 Breckenridge residential properties for sale. Located below are properties that had price reductions last week.

450 Peerless Drive

7 Bedrooms
7.5 Bathrooms
7,449 Square Feet
Built in 2006
Reduced from $10,750,000 to $9,500,000
Private Gondola Access

597 Forest Hills Drive

5 Bedrooms
4.5 Bathrooms
4,590 Square Feet
Built in 2007
Reduced from $4,195,260 to $3,995,000

1552 Settlers Drive #14

3 Bedrooms
2.5 Bathrooms
1,672 Square Feet
Built in 1996
Reduced from $1,895,000 to $1,795,000
Backs the Breckenridge Nordic Center

42 Brook Street

3 Bedrooms
2.5 Bathrooms
2,412 Square Feet
Built in 1993
Reduced from $1,539,000 to $1,500,000

325 Four O'Clock Road #C-304

2 Bedrooms
2 Bathrooms
1,088 Square Feet
Built in 1979
Reduced from $1,125,000 to $1,099,900
Top Floor Condo with Ability to Short-Term Rent

611 Village Road, Unit #21200

1 Bedroom
1 Bathroom
726 Square Feet
Built in 1980
Reduced from $650,000 to $615,000
Ability to Short-Term Rent

308 Illinois Gulch Road #107

2 Bedrooms
1 Bathroom
676 Square Feet
Built in 1995
Reduced from $579,000 to $569,000

214 N Main Street #21

Studio Condo
1 Bathroom
312 Square Feet
Built in 1966
Reduced from $559,000 to $499,000
Located on Main Street

So far in September, there have been 41 residential Sales in Breckenridge. Right now, the close price is 9% off the original list price. This is compared to a 2% discount to the original list price for the same time period a year ago, while many of the sales were above the list price.

If you are interested in any of the properties detailed above or any other Breckenridge or Summit County properties, contact Krystal Knott and Brett Rudolph at (970) 462-1416.