Breckenridge Real Estate Market Report January 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:
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 LIV Sotheby’s International Realty. I understand that this is a big decision and am ready to assist you in finding the ideal mountain getaway or investment property in Breckenridge Colorado.