Breckenridge, Colorado Real Estate Market Opinion – Winter 2021
This article is going to give our opinions on the Breckenridge, Colorado Real Estate Market Opinion for Winter 2021. There are lots of homes being sold and bought in resort towns near the ski areas and it’s an aggressive market to say the least. You need to act sooner than later, because homes are going under contract in record breaking days.
The Summit County Real Estate Market is hotter than ever, and I’ve included a link below to a recent article that describes current conditions.
Click here to see an article from the Summit Daily News: Summit County real estate sets all-time record in 2020 at more than $2 billion “With remote work becoming the norm during the pandemic, individuals seeking a mountain lifestyle caused a surge in Summit County’s luxury housing market.”
Who is Mountain Habitat Breckenridge Real Estate?
We are a husband and wife team that has lived in Summit County since the 90s. We are from Kansas and New York and have been in the retail and service industries and have ran businesses together in the past. We understand that operating an investment property is a bonafide business endeavor and can guide new homeowners on what needs to be done to successfully evaluate potential properties for this purpose.
Summit County Real Estate Inventory Update
Overall, the inventory is low and in the real estate community the brokers are constantly asking about anything new coming up in almost all neighborhoods. If you don’t know which neighborhood is best for you and your family, then we suggest a phone call to discuss the possibilities.
We usually have an introductory phone call to discuss family goals and what your favorite outdoor pursuits are, so that we can best match those with the properties that best fit those needs.
When we talk to families and some tell us that they are just getting started in their search, they mention how they would like to send us a few listings to discuss with plans to see them when they come out in a few months. However, we tell them that more than likely these listings will be under contract by then.
Make a plan to keep an eye on the current listings and then as families get closet to their time of visit, let us know which are the best fit for their needs. Or, we can do this for you. Just let us know which you prefer. Some owners like doing the research themselves, while others don’t want to.
Real Estate Technology, Websites and Social Media
Those researching real estate listings in Breckenridge may use a site called Zillow, or even Realtor.com. The problem with some of these sites is that they may not reflect current listings. Some show out of date listings that are either already closed and sold. That’s fine if you want to use them, just double check with a true realtor that can access and research the local MLS.
We have a search feature available, please click here to SEARCH BRECKENRIDGE HOMES FOR SALE
We also are very responsive as clients find listings online and aren’t around to see it themselves and ask for assistance. What we then do is visit the property and shoot a private walkthrough video for them. Dina will talk about the home in the video and give suggestions and feedback on the home.
This way, clients can get a better feel for the property versus just images. Investors are purchasing sight unseen, meaning they are closing deals without having set foot on the property.
However, using today’s technology, you can gain a lot of perspectives on the homes and the neighborhood they’re in. You can use Google Earth and Street View to look around the neighborhood from a bird’s eye view. You can use a Matterport type tour to move around the home and look around.
Summit County Real Esate
Lots of families are exposed to the Breckenridge Ski Resort, but don’t realize how many other towns are nearby and may be a better fit. Those towns include Frisco, Copper Mountain, Dillon, Keystone and Silverthorne.
The image below is from one of the houses on the ridge that you can see as you descend Swan Mountain Road going towards Keystone. The cliff top houses overlook Lake Dillon and can see boats and amazing mountain views.
New Construction and Building a Home in Breckenridge
Land is getting harder to find near Breck and in Summit County. We actually have a rare ranch setting listed, which you can read about on another blog that we posted, Land for Sale in Frisco, Colorado – 394 Giberson Rd.
I hope this blog gives you some ideas about researching homes and properties in the Breckenridge area. Know that you have just found two individuals that are committed to helping families find the best location for you to live your dreams. Finding a mountain home that’s perfect may not be easy, but it will be worth it. Why wait any longer? Make the first step and contact us to learn more about prices, lay outs and neighborhoods. Let’s talk soon and we’ll see you in the mountains.