Today we toured 6 properties in Keystone, ranging in price from $157,500 to over $2.2 million. A common theme across the board was that the properties were "priced to sell", and that the owners were anxious to make a deal. An emphasis on some properties was that the current list price was thousands below either the price the current owner paid and/or well below the last sale price in the complex.
This tells me that the Keystone market potentially has room to fall price wise, although inventories seem to be stable to dropping, when seasonally adjusted.
This link is a map of the property addresses we visited today:
http://maps.google.com/maps/ms?ie=UTF8&hl=en&msa=0&ll=39.601588,-105.992918&spn=0.023775,0.043559&z=15&msid=202047980320309409758.0004a40cbdc36d1cde7c1
Call Greg McCallum at 303 641 0923 or visit http://www.coloradomountainretreats.com/ for more information or to schedule a private showing on these or any other Summit County Property.
Tuesday, May 24, 2011
Summit County Events This Week
Free Bike Fitting/Injury Prevention Seminar tonight at 5 in Frisco
Learn how to prevent common orthopaedic injuries with proper bike fitting at a seminar at 5 tonight at Avalanche Physical Therapy, 360 Peak One Drive, Suite 190 in Frisco. Bring pencil and paper, but no bikes. Presented by Dr. Paul Abbott of Vail-Summit Orthopaedics and Erin Kneedler Jones, DPT of Avalanche Physical Therapy. Free to the public. Summit Foundation seeks volunteers for golf tourney
The Summit Foundation is seeking volunteers for its annual Grand Lodge on Peak 7 Golf Tournament. Proceeds directly benefit the foundation and help the foundation continue its contributions to the community. The tournament will be held on June 12 at the Breckenridge Golf Club. Most volunteer opportunities will be available all-day long. If interested, contact Jennifer Stein by calling (970) 453-5970 or emailing Jennifer@summitfoundation.org.
The Summit Community Orchestra presents summer music camps
Scale the Summit Exploration music camp is a four-day, hands-on exploratory of the flute, clarinet, trumpet, percussion, violin and harp. Students will learn the basic playing positions, fingerings and simple songs for each of these instruments. This session runs June 13-16 from 9:30 a.m. to 3:30 p.m. at Warren Station in Keystone and is under the guidance of Don Hilsberg, a veteran music educator. For more info, call Janet Harriman at (970) 468-0110New this summer is Guitars on the Summit. This camp will be accepting guitar students to work on technique, improvisation and song-writing skills with legendary folk/rock guitarist Willy Porter. This session runs July 25-29. Scale the Summit Chamber music camp is for kids of all ages and abilities is open to strings, woodwinds, piano, guitar and harp. There will be two sessions July 25-29 and Aug 1-6. This camp will teach students about instrumental and ensemble playing, listening and leadership skills under the guidance of Chas Wetherbee, Keystone resident and first violin of the Carpe Diem String Quartet.
Summit Concert Band has opening for new musicians
The band is a community-based group focused on providing quality entertainment at events throughout Summit and the central mountain region. Visitors and part-time residents, as well as full-time residents of the area are welcome to participate in rehearsals and concerts. The band rehearses on most Thursdays from 7-9 p.m.; rehearsal location is normally the SHS band room. For more info, visit http://www.summitconcertband.org/ or send an email to info@summitconcertband.org. SPA looking for volunteers to sell produce
Summit Prevention Alliance is looking for volunteers to sell produce that it is growing. In exchange for your three-hour commitment, we will provide you with produce. We need help on Mondays from noon to 2 p.m. at the Dillon Thrift and Treasure, Tuesdays from 3-5 p.m. at Dillon Valley Elementary and Wednesdays at the community and senior center from noon to 2 p.m. If interested, contact Jannine at (970) 453-9333 until June 1, after 6/1 call (970) 668-2077. Monday, May 23, 2011
Thursday, May 19, 2011
Breckenridge Real Estate Sales Statistics
Good news for Summit County Real Estate Sales this April! The Stats are in and sales are up and prices are up!
According to the Summit County Association of Realtors, sales of single family homes were up 33% in April 2011 over April 2010. There were 48 sfr homes sold vs 36, respectively. Additionally, the average sales price jumped from $567,917 to $776,979 and days on market dropped from 302 days to 293 days.
Year to date numbers also show a similar trend with total sf home sales up almost 12% for the year.
Interestingly enough, this buscks the national trend which shows April 2011 home sales are down over 2010.
Check out http://www.coloradomountainretreats.com/ for more information!
According to the Summit County Association of Realtors, sales of single family homes were up 33% in April 2011 over April 2010. There were 48 sfr homes sold vs 36, respectively. Additionally, the average sales price jumped from $567,917 to $776,979 and days on market dropped from 302 days to 293 days.
Year to date numbers also show a similar trend with total sf home sales up almost 12% for the year.
Interestingly enough, this buscks the national trend which shows April 2011 home sales are down over 2010.
Check out http://www.coloradomountainretreats.com/ for more information!
Redevelopment of the old Breckenridge Building Center
The Planning commission has recently held a final hearing on the project to redevelop the old Breckenridge Building Center site. This parcel, at the corner of Main and French Streets in Breckenridge has become quite run down and is an eyesore at the northern gateway to Main Street. Known as the Columbia Lode Subdivision, The proposal subdivides the property into 5 parcels, one multi-family parcel and one single family lot, with the other 3 being public and private open space.
Benefits to the Town include:
Benefits to the Town include:
- Extension of sidewalk from the north end of the site - near the round about to the intersection at French and Main.
- Dedication of land along French Street to allow for the Town to construct a right hand turn lane from westbound French to northbound Main.
- Creation of a "significant landscaped open area" along Main Street.
- re-routing the Klack drainage which cuts the site.
Affordable housing seminar tonight in Frisco | SummitDaily.com
Affordable housing seminar tonight in Frisco SummitDaily.com
Great seminar for potential home buyers in Summit County. Be sure to check with Colorado Mountain Retreats Realty when you are ready to purchase!
Great seminar for potential home buyers in Summit County. Be sure to check with Colorado Mountain Retreats Realty when you are ready to purchase!
Wednesday, May 18, 2011
Summit County, Denver Water and others sign historic agreement
Summit County and it's communities have come to an historic agreement concerning water rights in the upper Colorado River Basin. This agreement halps all Summit County Communities including Breckenridge, Keystone, Frisco, Silverthorne and Dillon by ending disputes over water rights and usage. It also requires Denver Water to keep Lake Dillon at a certain minimum level except in the case of extreme drought and maintain Blue River flows above certain levels except in cases of extreme drought.
So what does this mean to the Breckenridge Real Estate Investor? As with Breckenridge goes the other communities in Summit County. This agreement also firms up usage of water for snowmaking at Breckenridge, Keystone, Copper Mountain and Arapahoe Basin. This helps to ensure good snow for visitors to Summit County and protects your Summit County Real Estate Investment by ensuring skier visits remain high. Also for the summertime, river flows and lake levels are important to the rafting and boating contingents and help maintain a year round tourist business.
Overall this is good for Summit County and good for Summit County Real Estate.
So what does this mean to the Breckenridge Real Estate Investor? As with Breckenridge goes the other communities in Summit County. This agreement also firms up usage of water for snowmaking at Breckenridge, Keystone, Copper Mountain and Arapahoe Basin. This helps to ensure good snow for visitors to Summit County and protects your Summit County Real Estate Investment by ensuring skier visits remain high. Also for the summertime, river flows and lake levels are important to the rafting and boating contingents and help maintain a year round tourist business.
For more Breckenridge Real Estate information visit http://www.coloradomountainretreats.com/
To read the entire agreement click here: http://www.co.summit.co.us/manager/documents/Summary_Briefing_FINAL.pdf
Overall this is good for Summit County and good for Summit County Real Estate.
Thursday, May 12, 2011
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