Dillon CO Real Estate Market Report January 2013
The Dillon CO Real Estate market is on the rise like all of Summit County Real Estate. In 2012 there were 154 sales in Dillon CO Real Estate compared to 2009 when there were only 97 sales which was a 10 year low. While the number of sales is only half of the high in 2004 with 318 sales or 2007 with 307 sales, sales data indicates a slow yet steady turn around in the Dillon CO Real Estate market.
In 2012 the average sold price per square foot was $216 which is down -22.86% from the 2008 average of $280 per square foot. There is however a slight increase in the average over 2011 which was $209 per square foot. With an increase in sales and the average sold price rising it appears the Dillon CO Real Estate market is starting to recover.
Dillon Colorado condo sales averaged $221 per square foot in 2012 compared to $310 in 2008, this is down -28.71%. There were 76 condo sales in Dillon in 2012. As of January 2013 there are 30 Dillon Colorado condos for sale starting at $84,900 for a 1 bedroom in Dillon Valley up to $569,000 for a 3 bedroom in the Town of Dillon.
The average sold price per square foot for Dillon Colorado homes in 2012 was $213 which is an increase over 2011’s average of $196 per square foot. There were 59 Dillon Colorado homes sold in 2012 with an average sales price of $535,613. There are 13 Dillon Colorado homes listed (as of 1/14/13) with an average list price of $653,792.
Overall, whether you are looking at a condo or home for sale in Dillon CO prices are slowly rising and confidence appears to be growing with an increase in sales. Contact Krystal Knott with LIV Sotheby’s International Realty for all your Dillon CO Real Estate questions. I am happy to answer your questions, provide sales data and arrange a time to view properties.