BRECKENRIDGE- The average price of a SF home sold  in Breckenridge was $1.34 million, price per sq. ft. was $327sq ft.  The avg. Sales price for a duplex was $956k  or $325 per sq. ft.. The avg. price of a condo sold was $576k  or $431 per sq. ft.   The avg. price of a Town home was $300k or $409 per sq ft. 

COPPER MOUNTAIN- The average price of  a SF home sold  was $1.5 million or $276 per sq. ft.   The average price of a condo was $504k or $365 per sq. ft. 

FRISCO- The average price of a SF home was $929k or $273 per sq. ft.  The average price of a Duplex was $769k or $248 per sq. ft. The average price of a condo was $448k or $289 a sq. ft.  The average price of a Town home was $1 million or $471 a sq. ft.

KEYSTONE- The average price of  SF home sold was $1.5 million or $352 per sq. ft. The average price for a condo was $500k or $346 per sq. ft.  The avg. price of a Townhome was $1.29 million or $268 per sq. ft. 

SILVERTHORNE/DILLON- The average price of a Single family home sold for $967k or $252 per sq. ft. The average price for a duplex was $638k  or $229 per sq. ft.  The average price of a condo was $332k or $289 per sq. ft.  The average price of a townhouse was $527k or $241 per sq. ft. 
The change of the average sales price from 09 vs 08 are as follows: Breckenridge was -3.2% , Frisco was -5.3%, Copper MT. was +2.8% , Keystone was +5.0% Dillon was -5.1%, Silverthorne and Wildernest were +0.5%.
These statistics were obtained from SAR’s MLS Database.  This information is believed to be accurate, but has not been verified.  Buyers and Sellers are cautioned to verify all information to their own satisfaction. 

If you would like a free Comparable Market Analysis of your property, please email me at leah@leahbaxter.com or call 970-389-6367.

You may think I am crazy suggesting that it is a great time to buy, but think about it?

The interest rates are at an all time low, under 5.5 %.  There are a lot more choices to look at in our market.  Our prices aren’t really going down, they are staying flat (reflecting last year prices).  However, they are not decreasing like a lot of areas in the country. 

If you buy that second or first home here in the mountains, chances are your values will not drop, but increase down the road.  This is historically true for the resort industry.  When consumer confidence rises, so do our prices.  People are panicking now and feel lucky if they sell.  It would be a much better investment than the stock market or 401K. 

If you have children and are thinking about sending them to college some day, why not buy a mountain condo that you can use, rent out and than sell in 10 years and use that money for college for your children. 

If I would have bought Real Estate with my 401K money instead of investing it, I would have tripled it within the past 10 years, instead of losing half of it, and waiting until the market comes back. 

 There is a great article in the New York Times that discusses why now is a great time to buy.  So what are you waiting for?  Give me a call 970-389-6367 or email me leah@leahbaxter.com.  I’m sure I could find you something that you would love and enjoy!

www.leahbaxter.com -To search for properties.