Breckenridge Real Estate Yearly Review
In addition to a strong market, Breckenridge will be experiencing growth due to the development of a few luxury residences.
One Ski Hill Place
Located adjacent to the Breck Connect Gondola in town
It will feature 90 luxury ski-in / ski-out residences
WaterHouse
Located to the South of Main Street Station
It will feature 55 luxury residences
Shock Hill Lodge and Spa
Located in the Shock Hill Subdivision on Peak 8
It will feature approximately 105 luxury residences
However, at year end we began to see a ripple effect of the national housing slowdown as well
December 2007 shows a 13% decrease in monetary volume compared to December 2006.
December 2007 also shows a 19% decrease in the number of transactions compared to December 2006.
Below are a graphical representation of the Summit County housing market over the last 20 years.
20 Year Residential Gross Volume Housing Index: Summit County
Residential Units include All Improved Residential property types; Single Family, Duplex-Triplex, Townhome, Condominium
20 Year Residential Average Price Housing Index: Summit County
Residential Units include All Improved Residential property types; Single Family, Duplex-Triplex, Townhome, Condominium
Data Compliments of Land Title Guarantee Company
If you are interested in more information about Summit County Real Estate please contact our office at 970-453-1450 / 800-550-1450 or email us at info@RealEstateoftheSummit.com