The following information is provided as a courtesy of Land Title.  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 MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate.  

January 2015 Highlights:

• Market Analysis by Area for January: January was off to a positive start in 2015 with $66,536,300 in monetary volume and 127 transactions. The average transaction price for all reported 18 areas was $523,908, average residential price was $573,578 and median residential price was $404,500.  The average PPSF was $347.  All of these prices are up from December 2014!
• Market Snapshot for Years 2015 vs.2014:  Values start out strong in 2015 and are as follows: Average Indicators for $: Single Family +14%, Multi- Family +17% and Vacant Land +37%. Median Indicators for $: Single Family +14%, Multi- Family +15% and Vacant Land +91%.  
• Market Analysis % Change showing years 2004-2015: Monetary volume ($66,536,300) is up 28% from January 2014, transaction volume (127) is up 25% from January 2014.  January 2015 shows the best improvement in a January with both monetary volume and transactions numbers since 2008!
• Residential Market Sales by Price Point: Residential volume in January had 98 transactions with $56,210,600 gross volume.  There were 12 properties that sold for $1M and above in January.  The most active price point in January was between the ranges of $200K to $300K. There were 32 Single family, 66 Multi-family and 11 Vacant land transactions in January.  
• 2015 Average Price History: Average residential pricing is up from 2014: Single Family- $891,931, Multi- Family-$419,224 and Vacant Land-$434,482.
• Historical Cost Breakdown for 2015: There have been 98 residential transactions in 2015 and $56,210,600 gross volume with 12 properties selling for a $1M and over- Compared to 2014- there were 83 transactions and $38,988,500 gross volume, 7 properties at $1M and over and in 2013, there were 89 transactions with $48,299,200 gross volume, 10 properties at $1M and over. 
• Top Lender Graph: There were 423 loans in January, 61% (77) loans were related to sales, there were 110 REFI's and 236 loans were timeshare related. 39% of the real estate closings were cash transactions.  
• Land Title Purchaser Highlights (Page 14):  There were 13 higher end sales in January to note- you can see the details on this report.  In January, our buyers for real estate transactions were the Front Range demographic at 45% of our market, up this month- 45% are local and 28% are out of state buyers. 

Click Here to View the Full Report

As always, please feel free t contact me anytime.  I look forward to hearing from you!

Tyler MacGuire  

Broker Associate

Omni Real Estate Company

Office: 970-468-2740

Mobile: 970-409-7779    

Web: www.tylermacguire.com

Blog: www.tylermacguire.blogspot.com

"Your Guide to Summit County Real Estate"

Certified Negotiation Expert (CNE)

Short Sale and Foreclosure Representative (SFR)

December and Year End 2014 Land Title Market Analysis

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 MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate.

December & 2014 Year End Highlights

Market Analysis by Area for December: December was a positive month with $79,465,900 in monetary volume and 174 transactions. The average transaction price for all reported 18 areas was $462,958, average residential price was $489,388 and median residential price was $380,000.The average PPSF was $322.

Full Year 2014 Transaction Summary: There have been a total of 2042 transactions with just short of a Billion in Sales at $962,569,581 in monetary volume. 2014 was comparable with the numbers in 2008. It seems that the Summit County real estate market is continuing our momentum.  The average transaction price for all 18 reported areas was $472,722. The average residential price was $496,053. The median residential price was $392,500. The average PPSF was $314.

Market Snapshot for Full Year 2014 vs. 2013:  Values remain stable and are as follows: Average Indicators for $: Single Family +4%, Multi- Family +4% and Vacant Land -2%. Median Indicators for $: Single Family +4%, Multi- Family -5% and Vacant Land +16%. 

Market Analysis % Change showing years 2004-2014 (Year End for 2014): Monetary volume ($79,465,900) is up 14% from December 2013, transaction volume (174) is up 32% from December 2013.  Full Year 2014 monetary volume is up 8% from 2013.  2014 transaction volume is up by 7% from 2013.

Residential Market Sales by Price Point: Residential volume in December had 143 transactions with $69,982,500 gross volume.  There were 10 properties that sold for $1M and above in December.  The most active price point in December was between the ranges of $200K to $400K. There were 39 Single family, 104 Multi-family and 13 Vacant land transactions in December. In 2014, there were 561 Single family, 1170 Multi- Family and 126 Vacant Land Residential sales.

2014 Average Price History: Average residential pricing continues to be consistent for 2014: Single Family- $751,240, Multi- Family-$344,578 and Vacant Land-$324,137. This graph on page 7 is a great piece to show your clients that our market has held its’ value over all these years.

Historical Cost Breakdown for 2014: There have been 1731 residential transactions in 2014 and $858,667,681 gross volume with 126 properties selling for a $1M and over- Compared to 2013 there were 1563 transactions and $769,965,955 gross volume, 122 properties at $1M and over and in 2012, there were 1314 transactions with $673,545,600 gross volume, 106 properties at $1M and over. 

Top Lender Graph: There were 401 loans in December, 59% loans were related to sales, there were 174 REFI's and 124 loans were timeshare related. 41% of the real estate closings were cash transactions.  There were 1238 loans related to Sales ( 22%), 1361 REFI's ( 24%) and 3070 Timeshare loans ( 54%) with the average of 43% being all cash real estate transactions in 2014.

Foreclosures:  There were only 12 Foreclosure actions in December, compared to 22 in December 2013. Check out page 13- there were only 65 Public Trustee's Deeds in 2014 compared to 2013 with 92 and 2012 at 165. Foreclosures are no longer a trend in Summit County, happy to say! 

Land Title Purchaser Highlights:  There were 11 higher end sales in December to note- you can see the details on this report.  In December, the majority of our buyers for real estate transactions continue to be the Front Range demographic at 49% of our market, only 19% are local and 32% are out of state buyers. In 2014, the final demographics of our buyers are: 44% Front Range, 31% out of state, 24% local and 1% International.

The full report can be viewed here.

As always, please feel free to contact me anytime with questions. I look forward to hearing from you!

All the best,

Tyler MacGuire  

Broker Associate

Omni Real Estate Company

Office: 970-468-2740

Mobile: 970-409-7779    

Web: www.tylermacguire.com

Blog: www.tylermacguire.blogspot.com

"Your Guide to Summit County Real Estate"

Certified Negotiation Expert (CNE)

Short Sale and Foreclosure Representative (SFR)

November 2014 Market Analysis

The following information is provided as a courtesy of Land Title. 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 MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate.   

October 2014 Highlights

Market Analysis by Area for November:  November was a great month with $93,284,600 in monetary volume and 203 transactions. The average transaction price for all reported 18 areas was $459,530, average residential price was $472,534 and median residential price was $350,000.The average PPSF was $313.

YTD Transaction Summary: There have been a total of 1868 transactions with $883,103,681 monetary volume, the average transaction price for all 18 reported areas was $473,622. The average residential price was $496,653. The median residential price was $393,750. The average PPSF was $313.

Market Snapshot for YTD 2014 vs. 2013:  Values remain steady and are as follows: Average Indicators for $: Single Family +4%, Multi- Family +3% and Vacant Land -1. Median Indicators for $: Single Family +5%, Multi- Family +6% and Vacant Land +16%.  

Market Analysis % Change showing years 2004-2014 November YTD: Monetary volume ($93,284,600) is up 16% from November 2013, transaction volume (203) is up 19% from November 2013.  2014 YTD (11 months) monetary volume is up 8% from YTD 2013. YTD 2014 transaction volume is up by 5% from YTD 2013. Monetary volume and transaction volume are the highest for the month of November since 2007.

Residential Market Sales by Price Point: Residential volume in November had 182 transactions with $86,001,200 gross volume.  There were 10 properties that sold for $1M and above in November.  The most active price point in November was between the ranges of $200K to $400K. There were 58 Single family, 124 Multi-family and 9 Vacant land transactions in November.

2014 Average Price History: Average residential pricing continues to be consistent as of November: Single Family- $783,894, Multi- Family-$355,997 and Vacant Land-$321,469.

Historical Cost Breakdown YTD 2014: There have been 1588 residential transactions YTD 2014 and $788,685,181 gross volume with 116 properties selling for a $1M and over- Compared to 2013 YTD, there were 1450 transactions and $710,018,300 gross volume, 111 properties at $1M and over and in 2012 YTD, there were 1165 transactions with $597,903,800 gross volume, 95 properties at $1M and over. 

Top Lender Graph: There were 432 loans in November, 134 loans were related to sales, there were 118 REFI's and 180 loans were timeshare related. 37% of the real estate closings were cash transactions.  

Foreclosures:  Foreclosure actions continue to decrease each month with only 6 this November with 4 being Fee Simple. 2014 foreclosures are substantially down from years past!

Land Title Purchaser Highlights (Page 15):  There were 11 higher end sales in November to note- you can see the details on this report.  In November, the majority of our buyers for real estate transactions continue to be the Front Range demographic at 51% of our market, only 23% are local and 26% are out of state buyers. 

Click Here to View the Full Report

As always, please feel free to contact me anytime with questions.  I look forward to hearing from you!

All the best,

Tyler MacGuire  

Broker Associate

Omni Real Estate Company

Office: 970-468-2740

Mobile: 970-409-7779    

Web: www.tylermacguire.com

Blog: www.tylermacguire.blogspot.com

"Your Guide to Summit County Real Estate"

Certified Negotiation Expert (CNE)

Short Sale and Foreclosure Representative (SFR)

October 2014 Market Analysis

The following information is provided as a courtesy of Land Title.  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 MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate.

October 2014 Highlights: ·         Market Analysis by Area for October:  October continued the fall 2014 upswing with market activity for Summit County real estate. Upper end activity remains strong which contributes increase in gross volume. There were 252 transactions with $117,477,100 in gross monetary volume. The average transaction price for all 18 reported areas is at $467,379, average residential price- $481,281 and the median residential price -$369,000. The average residential PPSF is $318.The Keystone market continues to improve with 38 transactions and the Frisco market was also busy in October with 26 transactions. ·         YTD Transaction Summary: There have been a total of 1665 transactions with $789,819,081 monetary volume, the average transaction price for all 18 reported areas is $475,355. The average residential price is $499,775. The median residential price is $400,000. The average PPSF is $313. ·         Market Snapshot for YTD 2014 vs. 2013:  Values remain steady and are as follows: Average Indicators for $: Single Family +4%, Multi- Family +4% and Vacant Land +2%. Median Indicators for Single Family +5%, Multi- Family +7% and Vacant Land +17.   ·         Market Analysis % Change showing years 2004-2014 YTD:  October monetary volume ($117,477,100) is up 6% from October 2013, transaction volume (252) is up 5% from October 2013.  2014 YTD (10 months) monetary volume is up 7% from YTD 2013. YTD 2014 transaction volume is up by 4% from YTD 2013.  Monetary volume is the highest YTD since 2008 and transaction volume is the highest YTD since 2007! ·         Residential Market Sales by Price Point: Residential volume in October had 217 transactions with $104,437,900 gross volume.  There were 15 properties that sold for $1M and above in October.  The most active price point in October was between the ranges of $300K to $400K. There was a tiny upswing with properties selling in the $200K and under price range. There were 53 Single family, 164 Multi-family and 17 Vacant land transactions in October. ·         2014 Average Price History: Average residential pricing continues to be consistent as of October - Single family is $783,532, Multi- family is at $360,005 and Vacant land is $331,859. ·         Historical Cost Breakdown YTD 2014: There have been 1406 residential transactions YTD 2014 and $702,683,981 gross volume with 106 properties selling for a $1M and over- Compared to 2013 YTD, there were 1313 transactions and $647,705,300 gross volume, 104 properties at $1M and over and in 2012 YTD, there were 1032 transactions with $536,460,200 gross volume, 89 properties at $1M and over.  ·         Top Lender Graph: There were 499 loans in October, with 63% of the purchasers obtaining financing at the time of sale. 37% of the real estate closings were cash transactions.  There were 117 Refinances. 224 loans were related to Timeshare sales. ·         Market Highlights: Please see page 10 of the Market Analysis-View the higher priced purchases in October with the third month in 2014 with no bank sales. ·         Foreclosures:  Foreclosure actions continue to decrease each month with only 13 this October compared to 12 last October 2013.  ·         Land Title Purchaser Highlights (Page 15):  There were 17 higher end sales in October to note- you can see the details on this report.  In October, the majority of our buyers for real estate transactions continue to be the Front Range demographic at 48% of our market, only 21% are local and 30% are out of state buyers.  Click Here to View the Full Report As always, please feel free to contact me anytime with questions.  I look forward to hearing from you! All the best, Tyler MacGuire   Broker Associate Omni Real Estate Company Office: 970-468-2740 Mobile: 970-409-7779     Web: www.tylermacguire.com Blog: www.tylermacguire.blogspot.com "Your Guide to Summit County Real Estate" Certified Negotiation Expert (CNE) Short Sale and Foreclosure Representative (SFR)

August 2014 Market Analysis

The following information is provided as a courtesy of Land Title.  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 MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate.

August 2014 Highlights

·         Market Analysis by Area for August:  August experienced a downturn from last August 2013 in Summit County.  There were 203 transactions with $88,825,100 in gross monetary volume. The average transaction price for all 18 reported areas at $439,258, average residential price was $474,525 and the median residential price was $400,000. The average residential PPSF was $300. 

·         YTD Transaction Summary: There have been a total of 1141 transactions with $546,016,981 monetary volume, the average transaction price for all 18 reported areas is $478,735. The average residential price is $502,361. The median residential price is $402,000. The average PPSF is $312.

·         Market Snapshot for YTD 2014 vs. 2013:  Values are as follows: Average Indicators for $: Single Family +3%, Multi- Family +5% and Vacant Land +10%. Median indicators for $: Single Family +5%, Multi- Family +7% and Vacant Land +35%.  These indicators translate that the prices are still fairly stable to last year, increasing slightly.

·         Market Analysis % Change showing years 2004-2014 YTD:  August monetary volume ($88,825,100) is down 16% from August 2013, transaction volume (203) is down 6% from August 2013.  2014 YTD (8 months) monetary volume is up 5% from YTD 2013. YTD 2014 transaction volume is up by 2% from YTD 2013. 

·         Residential Market Sales by Price Point: Residential volume in August had 171 transactions with $81,143,800 gross volume.  There were 7 properties that sold for $1M and above in August.  The most active price point in August was between the ranges of $300K to $400K, with $400K- $500K in second place.  There were 66 Single family, 105 Multi-family and 8 Vacant land transactions in August.

·         2014 Average Price History: Average residential pricing continues to be consistent as of August - Single family is $770,746, Multi- family is at $362,167 and Vacant land is $357,345.

·    Historical Cost Breakdown YTD 2014: There have been 953 residential transactions YTD 2014 and     $478,750,481 gross volume with 72 properties selling for a  $1M and over- Compared to 2013 YTD, there were 903 transactions and $453,587,400 gross volume, 76 properties at $1M and over and in 2012 YTD, there were 718 transactions with $365,677,000 gross volume, 56 properties at $1M and over.

·         Top Lender Graph: There were 510 loans in August, with 64% of the purchasers obtaining financing at the time of sale. 36% of the real estate closings were cash transactions.  There were 121 Refinances. 260 loans were related to Timeshare Sales.

·         Market Highlights: Please see page 10 of the Market Analysis-View the higher priced purchases in August with again no bank sales.

·         Foreclosures:  Foreclosure actions was flat with 11 in August 2014 compared to 12 in August 2013. There have been a total of 113 Foreclosure actions YTD 2014.

·         Land Title Purchaser Highlights (Page 15):  There were 7 higher end sales in August to note- you can see the details on this report.  In August, the majority of our buyers for real estate transactions continue to be the Front Range demographic at 42% of our market, only 32% are local and 26% are out of state buyers.

Click Here to View the Full Report

Please feel free to contact me anytime with questions.  I look forward to hearing from you!

All the best,

Tyler MacGuire 

Broker Associate

Omni Real Estate Company

Office: 970-468-2740

Mobile: 970-409-7779   

Web: www.tylermacguire.com

Blog: www.tylermacguire.blogspot.com

"Your Guide to Summit County Real Estate"

Certified Negotiation Expert (CNE)

Short Sale and Foreclosure Representative (SFR)

July 2014 Market Analysis

The following data is provided as a courtesy of Land Title.  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 MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate.

July 2014 Highlights

Market Analysis by Area for July: July was another positive real estate month in the high country!  There were 195 transactions with $90,735,125 in gross monetary volume. The average transaction price for all 18 reported areas at $465,308, average residential price was $501,084 and the median residential price was $394,000. The average residential PPSF was $310.  

YTD Transaction Summary: There have been a total of 938 transactions with $457,191,881 monetary volume, the average transaction price for all 18 reported areas is $487,319. The average residential price is $508,448. The median residential price is $404,000. The average PPSF is $315.

Market Snapshot for YTD 2014 vs. 2013:  Values are as follows: Average Indicators for $: Single Family +6%, Multi- Family +5% and Vacant Land +15%. Median indicators for $: Single Family +7%, Multi-Family  +7% and Vacant Land +51%.  These indicators translate that the prices are still fairly stable to last year, increasing slightly.

Market Analysis % Change showing years 2004-2014 YTD:  July monetary volume ($90,735,125) is up 32% from July 2013, transaction volume (195) is up 26% from July 2013.  2014 YTD (7 months) monetary volume is up 10% from YTD 2013. YTD 2014 transaction volume is finally up by 4% from YTD 2013.  Inventory continues to be low in Summit County compared to years past.

Residential Market Sales by Price Point: Residential volume in July had 158 transactions with $79,171,325 gross volume.  There were 12 properties that sold for $1M and above in July.  The most active price point in July was higher than our previous few months at $300K to $400K.  The price point of $500K to $600K was high again with 22 transactions in that price range. There were 55 Single family, 103 Multi-family and 14 Vacant land transactions in July.

2014 Average Price History: Average residential pricing continues to be highly consistent as of July - Single family is $799,222, Multi- family is at $362,783 and Vacant land is $372,880.

Historical Cost Breakdown YTD 2014: There have been 782 residential transactions YTD 2014 and $397,606,681 gross volume with 65 properties $1M - Compared to 2013 YTD, there were 722 transactions and $364,440,500 gross volume, 60 properties at $1M and over and in 2012 YTD, there were 589 transactions with $304,658,925 gross volume, 45 properties at $1M and over.

Top Lender Graph: There were 567 loans in July, with 58% of the purchasers obtaining financing at the time of sale. 42% of the real estate closings were cash transactions.  There were 107 Refinances.

Foreclosures:  Bank sales and Foreclosure actions are increasingly down again. It's a good trend to see in Summit County! There were only 13 actions in July compared to 27 in July 2013. There have only been 102 actions YTD 2014.

Land Title Purchaser Highlights:  In July, the majority of our buyers for real estate transactions continue to be the Front Range demographic at 38% of our market, only 28% are local and 32% are out of state buyers.

The full report can be viewed here:

 http://www.ltgc.com/files/breckenridge-marketstats/SUMMITJULY2014.pdf

Please feel free to call or email me anytime with questions.  I look forward to hearing from you!

All the best,

Tyler MacGuire  

Broker Associate

Omni Real Estate Company

Office: 970-468-2740

Mobile: 970-409-7779    

Web: www.tylermacguire.com

Blog: www.tylermacguire.blogspot.com

"Your Guide to Summit County Real Estate."

Certified Negotiation Expert (CNE)

Short Sale and Foreclosure Representative (SFR)

June 2014 Market Analysis

The following information is provided as a courtesy of Land Title.  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 MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate.

June 2014 Highlights: Market Analysis by Area for June: June was the second best month of 2014!  There were 148 transactions with $62,036,850 in gross monetary volume. The average transaction price for all 18 reported areas at $414,814, average residential price was $436,991 and the median residential price was $415,000. The average residential PPSF was $295.    YTD Transaction Summary: There have been a total of 743 transactions with $366,456,756 monetary volume, the average transaction price for all 18 reported areas is $493,166. The average residential price is $510,313. The median residential price is $405,000. The average PPSF is $316. Breckenridge (between Blue River and Farmer's Corner) holds 48% of the $ volume in Summit County. Market Snapshot for YTD 2014 vs. 2013:  Values are as follows: Average Indicators for $: Single Family +8%, Multi- Family +6% and Vacant Land +10%. Median indicators for $: Single Family +7%, Multi- Family +5% and Vacant Land +49%.  These indicators translate into the stabilizing pricing in Summit County for 2014. Market Analysis % Change showing years 2004-2014 YTD:  June monetary volume ($62,036,850) is up 1% from June 2013, transaction volume (148) is up 6% from June 2013.  2014 YTD (6 months) monetary volume is still up 6% from YTD 2013. YTD 2014 transaction volume is still down by only -1% down from YTD 2013.  Inventory continues to be low in Summit County compared to years past. Residential Market Sales by Price Point: Residential volume in June had 119 transactions with $52,001,950 gross volume.  There were only 6 properties that sold for $1M and above in June.  The most active price point in June hovered between $200K and $300K. However, the price point of $500K to $600K was much higher than months past with 24 transactions in that price range. There were 40 Single family, 79 Multi-family and 14 vacant land transactions in June. 2014 Average Price History: Average residential pricing continues to be highly consistent as of June - Single family is $808,086, Multi- family is at $363,564 and vacant land is $357,573.  Historical Cost Breakdown YTD 2014 : There have been 624 residential transactions YTD 2014 and $318,435,356 gross volume with 53 properties $1M - Compared to 2013 YTD, there were 601 transactions and $304,101,400 gross volume, 51 properties at $1M and over and in 2012 YTD, there were 490 transactions with $252,960,700 gross volume, 37 properties at $1M and over. Top Lender Graph: There were 326 loans in June, 87 loans were related to sales at 59% of the 148 sales transactions and 41% of the sales were cash at closing. There were 117 REFI's and 122 loans related to Timeshares.  Market Highlights: Please see page 10 of the Market Analysis-View the higher priced purchases in June with no bank sales. Foreclosures:  There were 17 Foreclosure actions in June 2014 (mainly from timeshares) compared to 20 in June 2013.  Land Title Purchaser Highlights (Page 15):  There were 6 higher end sales in June to note- you can see the details on this report.  In June, the majority of our buyers for real estate transactions continue to be the Front Range demographic at 42% of our market, only 23% are local and 34% are out of state buyers. To view the full report please click here. As always, please feel free to contact me anytime with questions.  I look forward to hearing from you. All the best, Tyler MacGuire   Broker Associate Omni Real Estate Company Office: 970-468-2740 Mobile: 970-409-7779     Web: www.tylermacguire.com Blog: www.tylermacguire.blogspot.com        "Your Guide to Summit County Real Estate." Certified Negotiation Expert (CNE) Short Sale and Foreclosure Representative (SFR)