Copper Mountain Real Estate Market Report January 2013
The Copper Mountain Real Estate market is slowly starting to turn around. There were 42 sales in 2012 compared to only 31 in 2011. With prices down and the number of sales increasing confidence is growing in the Copper Mountain Real Estate market.
The average sold price per square foot for all residential sales in 2012 was $338 while condos were $334 per square foot. This is down -28.69% from the height of the Copper Mountain Real Estate market in 2008 when the average sold price per square foot was $474. With very few single family homes in Copper Mountain the averages for all residential sales and condo sales are very much the same.
As of January 2013 there are 129 residential properties for sale in Copper Mountain. Condos account for 108 of the active listings with prices starting at $149,000 for a studio up to $1,250,000 for a 4 bedroom ski in ski out condo in Copper Mountain’s East Village. There are 5 Copper Mountain homes for sale priced from $1,775,000 to $3,495,000. The remaining residential properties are 15 duplexes or townhomes from $429,000 up to $2,299,000.
Prices are back to 2002 and some of the lowest Copper Mountain Real Estate has seen in several years. For information and questions about properties for sale in Copper Mountain, previous sales data and Copper Mountain Real Estate in general, contact Krystal Knott with LIV Sotheby’s International Realty. I am very familiar with Copper Mountain and are happy to assist you and your family in finding the ideal mountain getaway or investment property.