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Sales Winding Down in Summit; Prices Stay Strong
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| Sales are winding down at a brisk pace, although with strong prices.
Residential Sales: The lowest average sold price is in the town of Dillon at nearly $550,000 with a corresponding increase in sales of 24%! Breckenridge has the highest average sold price of over $1,000,000 (up 22%) and a drop in sales numbers by about 17%--that 22% gain translates into an average sold price increase of $203,891!
Home Sales: $1,358,101 is the current average sold price for a home in Summit County. Sold prices are up about 11% or $138,017 over the same time period in 2018. Breckenridge has the highest gain at 19% ($256,687)! Homes are selling at 97% of list price on average and are on the market for about 73 days. Keystone has the highest average sold price at just over $1,500,000.
Condo Sales: The average sold price for a condo in Summit County is just over $500,000 and condo sales are down just a bit by 4%. It takes about 10 days longer to sell a condo this year, as opposed to 2018—about 44 days on average with prices rising about 4%. Frisco has experienced the lowest number of days to sell a condo (27) with Copper having the highest at 63.
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Protect Your Privacy (and Your Curb Appeal, Too) |
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Want a little more privacy? Below are some ideas for affordable and appealing options that will allow you to keep nosy neighbors at bay.
Windows provide sunlight, outdoor viewing, and fresh air, but they can also provide your neighbors with a play-by-play of what's going on inside your home. If your property is feeling more like a fishbowl than a house, try adding a privacy feature to the windows.
Window tinting is a great option. These tints can block visibility from the outside while allowing you to enjoy your views. As a bonus, some window tinting can also reduce sun exposure, which can help keep your home cool and protect décor from fading. Another way to maintain privacy and natural light is to choose cellular shades or lightweight and light-colored curtains..
Options in your yard can also provide privacy. Trellises are a good choice as they
create privacy screens while adding greenery to your surroundings. Choose your favorite vine or other decorative plant to add beauty to your backyard and privacy to your home.
Potted plants are an alternative to trellises and can be just as effective in making your home less visible to prying eyes. Place tall plants strategically to create a private backyard oasis or shield your living room window from the world.
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| Wondering What’s Happening in Your Neighborhood? |
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How has the price of your home changed in today's market? How much are other homes in your neighborhood selling for? Do I need a house inspection? These are all critical questions that shouldn't be overlooked when thinking about buying or selling your home.
If you’re wondering about prices in your area, or thinking of selling your home, I can help.
Just call my office 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.
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| Home Decorating: What to Finish Before You Start |
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When it comes to home decorating, deciding where to start can sometimes feel overwhelming. Should you start with furniture shopping or painting? Should you hire a pro or do it yourself?
You may be looking at the decisions you make today for many years to come, so you want to make sure they are ones you can live with. To get the best results, start with a few pre-project tasks.
1. Reflect: Consider your current surroundings. What do you like? What would you like to change? Think about what appeals to you most regarding colors, fabrics, and styles. Avoid choosing things just because they are familiar or match your current décor. Determine what you truly like and let that guide your redecorating plans.
2. Write: Make a wish list. If cost were not a factor, what would you do with your space? This will give you a starting point.
From this list, you can prioritize and decide what projects you can and will do based on room and budget size.
3. Review: Look at pictures. See what others have done with similar spaces. Find inspiration online and in magazines that can help you nail down the details for your redecorated surroundings. This research will get your creative juices flowing.
With a little reflecting, writing, and reviewing, you'll be ready to tackle your redecorating projects with confidence. Now go ahead and get started! |
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Kelli Bennett
RE/MAX Properties of the Summit
220 South Main Street
P.O. Box 4600
Breckenridge CO 80424
970-390-9311 Cell
800-289-7005 Office
970-453-7365 Fax |
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| www.kellisells.com |
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| kelli@kellisells.com |
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| License # 40008935 |
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| Breckenridge Events |
Saturday, November 23. 6 p.m. Start the winter season off with the showing of Warren Miller's 70th film, Timeless. Colorado Mountain
College.
Sunday, November 24. Blessing of the Cans Sunday Service. For the month of November, BCM will be collecting non-perishable foods and donating them to Father Dyer's food pantry. Breckenridge Christian Ministries. 105 Sawmill Road.
Friday, November 29. 7-10 p.m. Jay Martin plays pop, rock, reggae, folk, and blues. Motherloaded Tavern. 103 S. Main St.
Saturday, November 30. 4:30-7:30 p.m. Live music with Caitlin Konak. Windy City Pizza. |
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| Ask Kelli: |
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How do I know if a property is a good deal?
I will pull "comps" (comparable properties) from the multiple listing service to see what similar properties have sold for in the area. This comparison will also include the prices of other homes currently on the market.
I will review the size, location, and other features of the home to determine what other properties are comparable; then I can figure out the home's approximate value in the current market.
You can then compare that value to the current asking price to determine if the property is priced too high or just right. If you decide to move forward with the property, I can also use this information to help you negotiate the best possible price for your new home. |
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