As national metropolitan areas throughout the country continue to show slowing growth throughout the <a title="Breckenridge real estate listings for sale" href="http://www.luckymountainhome.com/">Breckenridge ski real estate</a> housing market, Breckenridge property values continue to climb. A recent study of all Breckenridge residential properties sold in from August of 2005 shows an average sold price of $625,000 in versus an average price of $479,000. The sale of ultra high-end <a title="Breckenridge homes colorado" href="http://www.luckymountainhome.com/breckenridge_real_estate/homes/">Breckenridge homes</a> continues to stay strong as well with 12 of the 90 sales in August over a million dollars. That’s 13% of every residential sale over a million dollars. On the developer front, Blue Sky Breckenridge, the new <a title="Breckenridge ski-in ski-out condominium" href="http://www.luckymountainhome.com/breckenridge_real_estate/ski_in_ski_out_property/">Breckenridge ski-in ski-out condominium</a> project located adjacent to the Snowflake Lift, has 43 of the available 52 units under contract to close sometime in the Summer. The average list price per square foot on these <a title="Breckenridge condominiums for sale" href="http://www.luckymountainhome.com/breckenridge_real_estate/condos/">Breckenridge condominiums</a> are roughly $800 per foot. Don’t wait, there’s only 9 units available! At the other end of town, across the street from the new (under construction) <a title="Breckenridge gondola colorado" href="http://www.luckymountainhome.com/news1.asp">Breckenridge gondola</a>, Mountain Thunder Townhomes will begin closing on their first couple of buildings sometime this month (These long-awaited properties will offer ski-in and gondola-out services starting this upcoming ski season. Till next month, Breckenridge continues to show steady growth throughout all varying price ranges.
I’m pleased to say that the overall <a title="Keystone real estate market" href="http://www.luckymountainhome.com/keystone_real_estate/">Keystone resort real estate</a> market is as healthy as I’ve seen it since the late 90’s. If we look at overall sales for the past six years, it’s clear that demand is up. This is interesting based on the fact that the Keystone resort markets are fairly predictable and consistent. For instance, from 2000 to 2005 the average number of closed transactions in Keystone is right at 304 per year. That’s a number you can bank on in Keystone –some years it’s up and some years down, but the 300 mark is pretty consistent. Year to date, there have been 371 closed sales which is above average and perhaps on track to break a record. This is exciting because it shows a trend that I think illustrates increased interest and demand in Keystone real estate<strong> </strong>and the 2nd home market in this area. Now a quick look at what’s on the Keystone real estate market: 103 Active residential listings 23 Single family Keystone homes 58 Condominiums (32 of which, or 55%, are in River Run) 15 Townhomes 19 vacant land listings Compare the number of active listings to the number of closed sales in the 4th quarter 2005, which is 140, and I think we can expect to finish 2006 strong with continued appreciation into the new year. Remember just how fortunate we all are to call <a title="Summit County real estate Colorado" href="http://www.luckymountainhome.com/summit_county_real_estate/">Summit County real estate Colorado</a> home and what a privilege it is to sell real estate here. Enjoy!
