Summit County Colorado Real Estate Market Update
January 1 - July 31 by Year
The Summit County Colorado Real Estate Market is showing an upward trend as the number of residential transactions so far this year has increased over 10% compared to same time period in 2010.
While the number of transactions has increased, the volume is down 4.59%. This shows that Buyers are having more confidence in the Summit County Real Estate Market and that prices are still down in Summit County Real Estate. This is great news for buyers looking to get into the market at a reduced price. Some Buyers are currently purchasing properties with prices dating back to 2005.
Currently, there are 175 residential properties under contract, and with only 90 sales in August 2010 it appears the upward trend in residential transactions in Summit County CO Real Estate will continue.
When looking to purchase a property in Summit County Colorado work with a full-time agent that knows the market. Krystal Knott with Ten Peaks Sotheby's International Realty will work for you to find you the right property at the lowest price. Contact us today to discuss the market, properties for sale, or to arrange a time to see properties in Summit County, Colorado. We look forward to earning your business.
Comments
Post a Comment