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Kelli Bennett
RE/MAX Properties of the Summit
970-390-9311 Cell
800-289-7005 Office
970-453-7365 Fax
http://www.kellisells.com
kelli@kellisells.com
License # 40008935
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Summit County Real Estate Update

Summer Selling Season is Now: June's real estate activity increased as the county went from being shut down in March, April and May to opening up a little bit late May and early June. Typically August and September are very robust for real estate sales, and as we start August, it appears to be the same this year.

 

Percent of List Price to Sold Price: The percent of list price to sold price in the initial stages of COVID-19 was heading towards about 96%. The percent of list price to sold price in July was close to 98%.

 

Showings of Properties: Our company's showings of properties for sale (RE/MAX's Listings) continues to outpace the same time in 2019. July's showings were up 34%. The demand for resort properties remains strong.

 

Number of Sales: Year to date, the number of sold properties is still recovering from being shut down in March and April, with total sales down about 15%. June and July were starting to correct the downward trend, and July sales were up 22% over July 2019.

 

How Much is that Home? Prices are about the same as last year. The average sold price so far in 2020 is up 2% over the same period in 2019. On average, residential property will sell for $838,000. The average sold price of single family homes is $1,328,000; for condominiums it is $517,000.

 

Inventory: Typically this time of year, the inventory continues to increase, however the number of properties for sale started declining in June and continued in July. The inventory of available properties for sale in the first part of August is down19% as compared to the same time in 2019.

The Summit Daily News Keeps Tabs on Events in and around the County

Breckenridge Music Festival on CPR

Rocky Mountain Arts Festivals 

Drive-In Movie Theater Showings


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Wondering What’s Happening in Your Neighborhood?

How has the price of your home changed in today’s market? How much are other homes in your neighborhood selling for?


If you’re wondering about prices in your area, or thinking of selling your home, I can help. 
Just call me at 970-390-9311 or email me at kelli@kellisells.com for a professional price analysis. There is absolutely no obligation.


I’ll give you honest feedback about the value of your home. And I’ll also give you the inside scoop on what’s happening in the housing market in Breckenridge, Dillon, Frisco, Silverthorne and Keystone.

Moving Across Country or Around the World?

I can help you! 
With the extensive Global RE/MAX network, I can find a REALTOR® anywhere to help you buy or sell your home. Call me at 970-390-9311 or contact me at kelli@kellisells.com.

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This newsletter and any information contained herein are intended for general informational purposes only and should not be construed as legal, financial or medical advice. The publisher takes great efforts to ensure the accuracy of information contained in this newsletter. However, we will not be responsible at any time for any errors or omissions or any damages, howsoever caused, that result from its use. Seek competent professional advice and/or legal counsel with respect to any matter discussed or published in this newsletter. This newsletter is not intended to solicit properties currently for sale.
                                                                 

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