Our featured vacation destination for November is Summit County, Colorado. Summit County is a unique area that includes four world-class ski areas, beautiful Lake Dillon and year-round fun family activities in the White River National Forest. The recent trend in appreciation of resort homes makes purchasing a vacation property in Summit County an appetizing option.
The official third quarter stats are in and the Summit County average sales price is up 20.61 percent! Some of the higher areas are Breckenridge with a 22.25 percent increase, Silverthorne and Wildernest with a 26.99 percent increase, and Keystone with a 31.24 percent increase in average sales price. These are big, big – very big - increases.
Think about it this way: last year, someone could have picked up resort property here for an average cost of $433,380. This year that same average cost is at $522,682 – or $89,302 more. In 2005 that average would have been $377,000, and in 2004 the year-end average sale price for Summit County was $336,343!
Those who have purchased property in Summit County have not only enjoyed living there over the past few years but some substantial gains in the value of their property, as well. With that said, three years from now looking back over our shoulders at the average sale price for 2007, 2008 and 2009 will be ...
Don't wait any longer; take this opportunity to talk to your RE/MAX of Boulder agent about vacation properties in Summit County.
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