Keystone Real Estate Market Report January 2013
The Keystone Real Estate market is on a steady path to recovery. 2012 data shows that the number of sales have increased and prices are still down. The quaint ski resort town of Keystone Colorado is a wonderful place to purchase a condo, townhome or home at some of the greatest prices seen in years.
Above you can see that prices have dropped considerably in the Keystone Real Estate market since 2008. In 2012 the average price per square foot was $301 which is down -27.82% from 2008 when the average was $417 per square foot. However, the price reduction from 2011 to 2012 was less than previous years showing signs that the Keystone Real Estate market is leveling off and most likely will not decline much further if any.
The number of sales have been fairly steady over the past five years in the Keystone Real Estate market. The lowest being 2011 with 136 sales while 2012 had 196 sales. This is still lower than 2006 when there were 469 residential sales in Keystone Colorado. With prices trending towards leveling off and the number of sales increasing we may be close to or at the bottom in the Keystone Real Estate market. While this is a complete overview of residential sales in Keystone Colorado, below are links to a market breakdown for Keystone condos and Keystone homes.
As of January 2013 there are 207 residential properties for sale in Keystone Colorado. Prices start at $109,500 for a studio up to $2,750,000 for a 5 bedroom home. For questions about properties for sale in Keystone CO, previous sales data and general information about Keystone Real Estate, contact Krystal Knott with LIV Sotheby’s International Realty. As an experienced, full-time Keystone Colorado Realtor I am here to assist you in finding the ideal property with the level of service you desire.