What an exciting year 2014 brought for real estate in Breckenridge, Colorado! Breckenridge saw an small overall increase for residential sales in 2014 compared to 2013. The total number of residential sales in Breckenridge for 2014 was 655 in comparison to 2013 with 649. That’s a slight increase of .2%.
Breckenridge remained busy for both buyers and sellers over the course of 2014! The busiest months for sales happened July to October, with October closing out at 93 total residential sales for the month. Breckenridge residential sales began with a common trend of January being the slowest month, closing with a total of 33 residential sales.
The average sale price for residential properties in Breckenridge for 2014 was $681,464 in comparison to 2013 at $601,933. Increasing the sales price roughly by 13%. Average days on the market went up in 2014 for Breckenridge residential properties. In 2014 properties stayed on the market an average of 234 days in comparison to 258 days in 2013. Decreasing days on the market by 24 for residential properties in Breckenridge in 2014.
We are hopeful we will continue to see the market in Breckenridge flourish for the year 2015. Be sure to check back here monthly for updates on the Breckenridge real estate market.
Breckenridge Real Estate – Market Update