April 2009 Summit County Real Estate Market Analysis
· Summit County 2004-2005-2006-2007-2008-2009 Graph Comparison
· Cost Breakdown, April 2009 for Residential Improved Units (New Construction, Resales and April Gross Residential Price Index and YTD Gross Residential Price Index), also shows Full Year 2008, 2007 and 2006 Gross Residential Price Index with # of transactions, total volume and average price
· Cost Breakdown for Residential Improved Units YTD (2009, 4 months) and the Cost Breakdown YTD from 2007 and 2008 for comparison
· Market Analysis % Change from 2004, 2005, 2006, 2007, 2008 & 2009
· Market Analysis by Area for the month of April 2009: On the Market Analysis by Area report we have added a color coded system;
* Green Text indicates an increase from the previous month’s value.
· Black Text indicates the value is the same or not applicable from the previous month’s value.
· Red Text indicates a decrease from the previous month’s value.
· Colored text is not used for % Calculations – all of those columns will remain black
· Price per Square Foot (PPSF) was added last month on the far right.
· Market Analysis by Area YTD ( 4 Months) 2009
· Summit County Residential Price Index YTD comparing 2006, 2007, 2008 & 2009
· Top Lenders’ Graph (Loan Breakdown- Refi’s, Timeshares and Cash Deals)
· Top Lenders’ Summary for April
Some Marketing Points:
-There are two notable Residential sales in April- $3,125,000 Estates at Snowy Point Subdivision Lot 2, 149 Beavers Drive-5,454 SF 5 Bedroom, 7 Bath and $3,300,000 Trappers Glen Subdivision #3 Lot 12, 1065 Four O’Clock Road, 6963 SF 5 Bedroom, 7 Bath
-YTD, Summit County monetary volume continues to be down 60%, and numbers of transactions were down 58% compared to 2008. YTD, both monetary volume and number of transactions continue to be down 60% compared to YTD 2008.
-Single Family Summit County Homes Average price in April is still holding up compared to 06, 07 and 08.
-The Residential Improved Unit Average Price in April YTD is still above 08 and 07.
- Cash transactions were 47% of all Real Estate closings for the month of April
· Please note that Land Title data comes from actual recorded transactions at the County Clerk and Recorder’s Office for that particular month. The information is not directly related to Summit County MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate
Summit County Colorado real estate properties
Related posts
- $8.28 Million Breckenridge Home Sale Sets Record. Summit County’s Most Expensive Residential Lot Sells For $3.3 Million
- Summit County Co real estate market 2009
- March 2009 Summit County Real Estate Market Analysis
- Real estate is on target to rebound this year
- The February 2009 Resort Real Estate Index by County from Eagle, Garfield, Pitkin, Routt and Summit Counties