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. While 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.
In 2013 there were 282 Breckenridge condo sales this 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 is 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 does 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 LIV Sotheby’s International Realty. 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.