2019 Breckenridge, Colorado Market Recap

As we start the new year you may be considering purchasing a property in Breckenridge, Colorado.  As of January 2020 there are 177 residential properties for sale in Breckenridge, Colorado.

  • Breckenridge Condos:  There are 49 Breckenridge Condos for sale with prices ranging from $235,000 for a studio to $2,200,000 for a 4 bedroom – 3 bathroom ski in/ski out condo at Water House on Main Street.
  • Breckenridge Townhomes:  Nineteen Breckenridge Townhomes are listed for sale ranging in price from $535,000 to $2,395,000.
  • Breckenridge Homes:  Of the 177 total listings, 92 are Single Family Homes. Prices start at $629,000 and climb all the way to $18,900,000. 

Regardless of the size, area or price point you are looking in, the Breckenridge real estate market has something for everyone.

When analyzing the final 2019 numbers we see a appreciating real estate market for Breckenridge Colorado. There were a total of 639 sales in Breckenridge which is down 88 sales or 12% from last year. While total sales were down, volume ticked up from $678M in 2018 to $710M in 2019 which is 5% increase in total sales volume. This is further evidenced by the increase in the average sales price across the county. In 2018 the average sales price in Breckenridge, Colorado was $926,194 across all types of residential property (including Deed Restricted Property). In 2019, the average sales price increased 21% to $1,121,408.

From a macroeconomic standpoint, leading economic indicators remain strong. The Dow, Nasdaq, and the S&P are all at record levels posting strong earnings. Unemployment is at 3.5% and housing starts for November are at 1,365,000 up from 1,256,000 in September. While there are geopolitical headwinds, optimism remains strong due to earnings and the potential for a trade deal in the coming weeks.

Looking to purchasing a property in Breckenridge, Colorado or elsewhere in Summit County, Colorado let Brett Rudolph and Krystal Knott with Christie’s International Real Estate assist you in your search. Give us a call today at 970.462.1416 or email us at info@resideinsummit.com. We can’t wait to help you and your family find your mountain property!

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