Copper Mountain is an excellent place to own a piece of real estate. It offers a good variety of winter and summer activities, great restaurants and store, nice settings, all levels of ski terrains, new developments and other nice properties.
Copper Mountain Real Estate is very dynamic. There are only 57 active listings on the market as of March 26, 2008. Most of them are condos. In 2007 there were 197 properties sold in Copper Mountain, 108 of which were condos. The average sale price in 2007 was $360,743 and average price per square foot was $430.
There are some gorgeous new developments in Copper Mountain - Union Creek Townhomes West and The Cache at Union Creek. The last one offered 26 condominiums – one to three bedrooms – and was completely sold out at pre-construction. Union Creek townhomes West development features three and four bedroom fourplexes. Nine of twelve properties have been sold already.
Copper Mountain is currently amending its Planned Unit Development to make the area even better. The goals of the new PUD are to improve parking, restore the stream of West Ten Mile Creek, build more residential units, reconfigure golf course pond’s wetlands and enhance the existing wetlands with resort borders, add more affordable housing.
Copper Mountain properties have great potential for appreciation and the new improvements will make this place even more prosperous and desirable.
Copper Mountain Colorado real estate market
There is less and less inventory in Copper Mountain. The place is still more affordable than other towns in Summit County. The average price was $360,743 in 2007.