Buying in Summit County Colorado
Now is a great time to buy in Summit County . I know the news media is portraying doom and gloom for the housing market, however, they are basing their information on major cities. We are not a major city. We are a resort community. People love the mountains to relax and play. Our economy is not based on the national economy. People choose to come in for fun or because they want to live in the mountains.
Interest rates are low,our prices are not going down, so don’t wait, because we are not in a housing bubble. Our market continues to be strong and the sales prices continue to rise slowly, but steady.
| Median Home Price Summary: 2007 vs. 2006 |
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| Region/County | October 2007 | October 2006 | % Previous Year | Change |
| Northeast | $ 258,700.00 | $ 255,400.00 | 101% | 1.29% |
| Midwest | $ 164,000.00 | $ 166,600.00 | 98% | -1.56% |
| South | $ 171,400.00 | $ 183,700.00 | 93% | -6.70% |
| West | $ 318,200.00 | $ 341,000.00 | 93% | -6.69% |
| Eagle County | $ 810,000.00 | $ 613,500.00 | 132% | 32.03% |
| Garfield County | $ 394,950.00 | $ 344,500.00 | 115% | 14.64% |
| Pitkin County | $ 3,700,000.00 | $ 3,500,000.00 | 106% | 5.71% |
| Routt County | $ 660,000.00 | $ 580,000.00 | 114% | 13.79% |
| Summit County | $ 648,750.00 | $ 614,450.00 | 106% | 5.58% |
| U.S. | $ 207,800.00 | $ 218,900.00 | 95% | -5.07% |
Source: National Association of Realtors via Associated press:msnbc.msn.com & data research Associates. Believed to be accurate but not guaranteed.
Contact Leah Baxter at leah@leahbaxter.com or www.leahbaxter.com for more information on purchasing in summit county. Search the Summit County MLS free.
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March 29th, 2008 at 4:16 pm
I found your blog on MSN Search. Nice writing. I will check back to read more.
Eric Hundin
March 29th, 2008 at 5:22 pm
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