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March 2020 Real Estate Market Update for Summit and Park County, Colorado

March 2020 Market Update

March 2020 Real Estate Market Update for Summit and Park County, Colorado

 

Summit County, Co

Market Update Summit County March 2020

Park County, Co

Market Update Park County March 2020

Monthly Indicators

New Listings were down 11.6 percent for single-family homes and 28.7 percent for townhouse-condo properties. Pending Sales landed at 82 for single-family homes and 121 for townhouse-condo properties.

The Median Sales Price was up 5.1 percent to $730,000 for single-family homes and 8.8 percent to $577,000 for townhouse-condo properties. Days on Market decreased 4.3 percent for single-family homes but increased 11.7 percent for townhouse-condo properties.

While the effect of COVID-19 is varied throughout the country, we are likely to see impacts to housing activity now and into the coming months. Its continued spread is leading many companies and consumers to change their daily activities. ShowingTime is closely monitoring the situation and releasing daily updates on changes in showing activity. See national and state showing activity
trends at https://www.showingtime.com/impact-of-coronavirus/.

Activity Snapshot

One-Year Change In
Sold Listings
All Properties
One-Year Change In
Median Sales Price
All Properties
One-Year Change In
Active Listings
All Properties
– 0,9 % – 1,5 % – 20,7 %
Residential real estate activity in Summit and Park’s counties composed of single-family properties, townhomes, and condominiums. Percent changes are calculated using rounded figures.

Source: http://summit.stats.showingtime.com


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Aleks Matthews

Aleks Matthews

I'm Aleks Matthews, the lifestyle blogger, and Realtor at Breck Life Group - eXp Realty. I live and work in Breckenridge, Summit County, Co area and love everything this beautiful area has to offer. If you live in Breckenridge or in Summit County or are thinking about moving here, you have come to the right place! Stay up to date with Breckenridge and Summit County Events, Restaurants, Outdoors, Real Estate and more!
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