Copper Mountain Real Estate Market – April 2016
Krystal Knott April 17, 2016
Krystal Knott April 17, 2016
The Copper Mountain real estate market has vastly improved in the first quarter of 2016 compared to all of 2015. The average sold price increased +20.56% from $355,309 in 2015 to $428,375 so far in 2016. However, the average sold price per square foot is only up +9.45%. Overall, the Copper Mountain real estate market is on the rise with 12 sales so far this year compared to only 7 sales in 2015.
Currently there are 70 residential properties for sale in Copper Mountain, Colorado. In all of 2015, there were 98 sales, which gives Copper Mountain approximately 8.5 months of inventory. While there is more inventory than in other towns in Summit County, the average list price to sales price is currently 97%. Average days on market has also fallen from 287 in 2015 to only 227 so far in 2016. All of this information is showing signs that the Copper Mountain real estate market is continuing to recover and improve.
If you love visiting and skiing in Copper Mountain, now is a great time to consider purchasing property in Copper Mountain! There are properties for sale in Copper Mountain starting at $208,000 for a studio up to $3,495,000 for a 7-bedroom single-family home in Lewis Ranch at Copper Mountain. For additional information about Copper Mountain real estate, specific properties and all Summit County real estate, contact Krystal Knott with Christie’s International Real Estate. You can call her directly at (970) 333-0116 or by email [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.