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Meredith Hanson Adams

Jason Adams

INSIDE: summer 2013

Annette Zaegel

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sure sign of confidence in the market is new construc-tion. When the builders and developers start break-

ing ground and putting out their own money in the hopes that someone will buy their product, it’s a sign that they have faith in the market. There are currently more projects underway in Summit County than we have seen in quite a while. The majority seems to be in Frisco, but Breckenridge and Keystone both have new develop-ments underway. New construction typically sells for a higher price than resale properties. Those higher pric-es help our overall market numbers improve, which increases consumer confidence, which continues to help our market. The new construction cycle is a good cycle to be in.

The projects underway in Frisco include The Frisco Sports Chalet, a twelve-unit development at the west end of Main Street; Condos Off Main, a larger condominium development at 4th and Granite; The Legends, a rejuvenated townhome development at 2nd and Frisco St; a small single-family/duplex cluster across the street from the Legends; and the Peak One Neighborhood below Peak One in Frisco that mostly focuses on housing for locals with deed-restricted units.

Breckenridge has restarted the One Ski Hill Place sales that stalled during the downturn, selling previously unsold units at a great discount. Single-family homes are being built in Shock Hill and The Shores; and Wellington, another deed-restricted neighborhood,

is building homes again. Keystone’s activity consists of Frey Gulch, town-homes off of Highway 6, and The Sanctuary, a neighborhood that stalled during the downturn and is now building again. Silverthorne’s proj-ect is Angler Mountain Ranch—sin-gle-family homes, cabins, and duplexes just north of I-70 off of Blue River Parkway. Copper Mountain has an ambitious development plan in the works but no timeframe of when the construction may take place.

New construction is popular with the Summit County buyer. It’s hard for a 1970s condo to compete with a brand new condo. Even if the 1970s condo has been completely updated it still feels older, even if just from the exterior. In general, second-home buyers like to buy a property that they can just enjoy when they are in town

and not something that is in need of a major renovation. Most buyers don’t want to have to fix it up or do work to it while they are here and could be out enjoying themselves. They also want to be proud of their vacation home. They want to invite friends and family out and have a nice place for everyone to congregate. New construction easi-ly satisfies those needs. That demand allows new construction to sell for a higher price per square foot than a resale property. The lack of new con-struction in recent years has helped create a little more excitement about the opportunity to buy new construc-tion now. That excitement has helped some new projects sell out before completion of the buildings. Waiting until you can actually see the finished product may mean you will miss out on the opportunity to buy it.

The Summit County real estate market has had a stretch of positive trends: increasing annual sales num-bers, monthly sales achieving num-bers that haven’t been seen for five years, and prices continuing to stabi-lize overall and even seeing increases in some areas. New construction sales have doubled in the last two years in Summit County and are anticipated to continue to increase in 2013. As of mid-May, new construction accounts for 50% of the properties under con-tract in Frisco. There are many factors pointing to a healthier real estate market in Summit County; new con-struction is just one of the more obvious signs. Contact the Mountain Living Team for information on new construction projects in the area. n

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Ski Country Real Estate NewsSEE MOrE iNfOrMATiON ON THESE HOMES iNSiDE!

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Dillon • $895,000 See More Information on Page 5!

Silverthorne • $289,900 See More information on Page 4!

As The Pendulum SwingS • Page 2

ProPerTies for sAle Pages 4-5

wAiTing To buy real eState? • Page 3

communiTy evenTs Page 6

mArkeT sTATsback Page

New Construction in Summit County

Joanne HansonMountain Living Team Founder

Our real estate market is certain-ly changing from the conditions we have seen over the last four years. Buyers enjoyed the advan-tages of being in a buyer’s market and all the benefit of falling pric-es. While sellers, like all proper-ty owners, watched their equity dwindle away. We are now starting to see that change. Unfortunately though for sellers, they have yet to see the pendulum swing our mar-ket to a seller’s market.

Everyone talks about how real estate markets fluctuate between being in a buyer’s market and a seller’s market and then back again. You don’t hear much about what’s in-between—that’s a sta-ble housing market. The nation-al media keeps telling us how everything in the housing market is improving. What most people fail to realize or remember is that real estate is local and not all areas are improving at the same pace. Primary markets tend to see changes faster then secondary or vacation markets.

The shift from a buyer’s market to a seller’s market or vice versa is always a difficult transition. Sellers struggle when sale prices are going down and they’re losing value in their property, while the buyers are quick to transition and take advantage of lower prices. On the other hand buyers struggle when prices are going up and they have to pay more for the property they want. Typically, unless the change happens overnight, one side gets there too soon, the other side too slowly, creating a situation that can be very hard to overcome when negotiating a sale. If too

many buyers and sellers find they can’t agree on current value it can even start to stall or slowdown a recovering market.

These situations create an inter-esting challenge for real estate agents. The best we can do is to provide buyers and sellers the facts and educate them on what similar properties are selling for. Unfortunately, a lot of times this means we aren’t telling them what they want to hear but what they need to hear. We are beginning to see some sellers moving quickly into a seller’s market mindset and buyers still stuck in the buyer’s market we had for the past few years. We have encountered a cou-ple of sellers recently that have told us if the buyer won’t come

up to their price, they’ll just wait. Summer is coming, the buyers will be more abundant, and they antic-ipate prices to keep improving. They are right that buyers are typ-ically more abundant in the sum-mer, but we’ll have to wait and see what happens with pricing. We expect the Summit County market to remain stable with relatively flat to moderate gains in pricing through 2013, much like the trend we saw in 2012 and so far in 2013. If only we had a crystal ball.

The Mountain Living Team takes pride in educating our buyers and sellers with the latest informa-tion about the market so that the decisions made are well informed and are, therefore, the best deci-sions. n

2

Now is a great time to get your Summit County home.

Call Today! 888-666-0844

As the Pendulum

Because this is a resort area, the majority of our clients who purchase homes are buying them as second homes. Additionally, most buyers live at least 100 miles away (Denver area) and many live hundreds or even thou-sands of miles away. Although it may seem that it would be difficult to buy or sell a property when you live so far away, thanks to technology, it is surprisingly easy!

Electronic signatures are now common place in real estate transactions. No longer do we need to e-mail a contract to the buyer, have them print it out at their end, then find a fax machine to send it back to us. Now our contracts have electronic signatures integrated into them. You just sign your name with your mouse or just click in the box to have your signature entered for you. After a confirmation that it is your legal signature, it is automatically sent back to us, signatures intact. Simple!

There are a few lenders who aren’t quite there yet and won’t allow the electronic signatures, so in that case we go back to e-mail and fax. At least we don’t have to send by snail mail like we used to do just 15 or 20 years ago.

Inspections can also be ordered on behalf of clients, and the inspectors e-mail their reports complete with photographs. We keep a complete resource list on hand with title companies, inspectors, plumbers, carpenters and handymen, carpet companies and even a company that specializes in shipping artwork. We have done our fair share of uncovering septic tank lids, turning down (or up) thermostats, taking inventories, and emptying owner’s closets and shipping things out. Unwanted items get washed and taken to the thrift store where someone else can use them, and the owner can get a tax deduction. We arrange for repairs, radon mitigation, take back cable boxes and take more photos than are in the MLS for clients to show their families. Our garage has, at times, been full of boxes shipped ahead for cli-ents to pick up when they get out here.

We routinely work with sellers we have never met, and sometimes even buyers that we have never met. We do what needs to be done to make what is sometimes a stressful experience as simple and enjoyable as possible for everyone involved. n

Buying and Selling a HomeLong Distance

Swings

Now is a great time to

get your Summit

County home!

Call Today! 888-666-0844

3

PublisherThe Mountain Living Team

400 Main Street Frisco, Colorado 80443

888-666-0844www.mountain-living.com

Ski Country Real Estate News

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Summit County real Estate

www.Mountain-Living.com

TheMountain

Living Community

VanThe Mountain Living Van has

had a facelift! You may have seen it around town or parked near our office in Frisco. With skiers on one side, hikers and bikers on the other and a golfer on the back, the Mountain Living van is a testament to what we all love about Summit County. The cargo van is perfect to move a few small pieces of furniture or a few 2x4s. Available free to our clients it’s just one more advantage you have for doing business with the Mountain Living Team. n

Is now the time to buy? This is the question realtors hear time and time again. For most people looking to buy a vacation home or make an investment in real state, buying at the “right time” is an important part of the decision-making process. So how does one know when it truly is the right time to buy? There are a number of factors to consider.

Home prices: In 2007-2008, Summit County saw a tremendous surge in home prices. Following that surge, the housing market experienced a correction which resulted in approximately a 30% drop in home values. For the last 12-18 months, home prices have leveled off and have remained relatively stable. In some areas, there has even been a slight increase in home prices. Even though you have missed the bottom of the market, now is still a good time to invest in real estate while prices remain at the low end of the spectrum.

Sales: Overall, 2012 finished with a 13% increase in monetary sales vol-ume over 2011, including all residen-tial properties and land, and a 17% increase in sales transactions, residential units only. This information is from Land Title Guarantee statistics and from our Summit County Multiple Listing Service. These numbers are the best Summit County has seen since 2008. This positive trend is continuing into 2013. In the first quarter sales have increased by 8% when compared to last year at the same time. Pending sales for the same period have also shown an increase of approximately 25%. Buyers are buying!

Inventory: Inventory of available homes for sale is near record low levels. Properties that are priced well when they come on

the market are selling very quickly, most selling in less than 90 days of being on the market. With good demand for homes and so little available inventory if this trend continues pricing should remain stable and could even go up.

Mortgage rates: Right now, mortgage rates are at or near record lows and holding steady. If you are planning to finance your purchase, money has never been cheaper to borrow, so now would be a good time to lock into these low rates. There are several local lenders who understand the market and would be happy to discuss your lending options. Contact us for more information.

In summary, as the housing market continues to see positive trends, it would seem like now truly is the “right time” to

make your home buying decision. While prices remain steady and interest rates remain low, it appears to be the “right time” to make a purchase. According to CNBC, “With rising stock prices, an improving economy, and a rush of buying, there will be a surge in sales and rise in prices for mountain homes in the West.” Vacation home buyers are coming back into the market after almost a four-year drought. Now is the “right time” to invest in your mountain home.

Contact The Mountain Living Team at Coldwell Banker in Frisco for more information on the Summit County real estate market. Our Team of pro-fessionals is here to help with all your real estate needs.

One of the newest and exciting devel-opments happening in Frisco is the Frisco Sports Chalets. These new condos are located at the west end of Main Street within walking distance to shops and restaurants. They are also just across Main Street from the bike path, close to Ten Mile Creek and hiking trails, with the bus stop right out front where the next stop can be the ski slopes of Copper Mountain.

The complex will have 12 condos in three buildings, consisting of one-bed-room, one-bedroom plus a den, and two-bedroom condos. Most condos will have a one- or a two-car garage. Three of the condos will be designated deed restricted for residents that work in Summit County.

Market units will have high-end fin-ishes that consist of granite counters, tile backsplashes, showers and floors, stainless steel appliances, solid alder doors, trim and cabinets, brushed nickel faucets and

lighting, and wall-to-wall carpeting. A gas fireplace with a blower comes standard in every living room. Private decks will let the occupants enjoy the mild Summit County summers and the Continental Divide views.

Built offsite in a climate-controlled environment, these condos are built to meet energy efficiency standards for the harshest climate zones in the US. Double 2x4 walls between condos, plus sound-deadening panels, keep them

quiet. Insulation that meets or exceeds code requirements and radiant heating with your own boiler and hot-water heat-er will keep your utility bills low.

Anticipated completion is at the end of 2013. You can be in your new Frisco Sports Chalet just in time to enjoy the upcoming ski season! Contact The Mountain Living Team for pricing and floor plans and for more information on this exciting new project. Don’t wait—pick your finishes now!

Are You Still Waiting to Buy Real Estate in Summit County?

New Sports Chalets Coming to Frisco

4For real estate in Summit County, call The Mountain Living Team at (888) 666-0844

670 Alpine RoAd 306F BuFFAlo RidgeSpacious single family home down the street from the elementary school.

3 bedrooms, 2.5 baths, multiple decks and mountain views. $360,000www.mountain-living.com/670alpine.html

Spectacular views from this top floor, 2 bedroom + loft condo in Wildernest. Updates throughout, move in ready & extra tall carport. $289,900

www.mountain-living.com/306fbuffaloridge.html

44 gRAnite MountAin View plAzAEnjoy all Frisco has to offer in this beautiful 3 bedroom home just a block

off Main Street. Great outdoor living space with mountain views. $839,000www.mountain-living.com/44granite.html

Office space across the street from Keystone Resort. Enjoy a few runs during your lunch break & provide services to the skiers and homeowners nearby. Variety of sizes & rates.

www.mountain-living.com/mtnviewplaza.html

B8 4 o’clock condo FRisco spoRts chAletsNicely updated, cozy studio condo in the heart of Breckenridge. Perfect ski

condo or affordable living. Ski in location near town. $159,000www.mountain-living.com/b84oclock.html

New Construction on Main Street in Frisco is underway! One and two bedroom condos with garages in a fantastic location.

www.mountain-living.com/friscosportschalets.html

525 night chAnt 412 pAssAge pointEnjoy mountain living at its finest in this spectacular log home in one of

Frisco’s most sought after neighborhoods. 3bd/2.5ba. $975,000www.mountain-living.com/525nightchant.html

Beautifully appointed, 2 bedroom condo in Center Village at Copper Mountain Resort. Great ski condo just yards from two lifts. $403,000

www.mountain-living.com/412passagepoint.html

114 sheRwood tRAil 252 slAloM dRiVe360’ views from this amazing building site in Breckenridge.

Convenient & easily accessible this half acre lot won’t disappoint. $249,000www.mountain-living.com/114sherwood.html

Peaceful and quiet, this residential building site is nicely treed and just three miles from the slopes of Breckenridge Resort. $184,000

www.mountain-living.com/252slalom.html

5

Haven’t found your Summit County home yet? Search all available properties at www.mountain-living.com/search.html

The complete listing inventory of residential properties in Summit County and part of Park County is now available at www.mountain-living.com/search.html. There is a convenient search capability with no adver-tising or banner ads to get in the way. If you would like to be notified instantly of new listings that fit your parameters, just let us know and they will be emailed to you as they come up. Call us with your parameters at 888-666-0844 or fill out the form on our Web site at www.mountain-living.com/notifyme.html.

OPEN ALL NiGHTwww.Mountain-Living.com/search.html

127 spRing BeAuty 207 tuckeR MountAin lodgeEnjoy lake and mountain views from this quiet building site in Silverthorne.

Off paved road with water & sewer taps partially paid. $230,000www.mountain-living.com/127springbeauty.html

At the base area of Copper Mountain Resort, this flexible two bedroom condo locks off into two separate units. Great amenities. $379,000

www.mountain-living.com/207tucker.html

201 eMily lAne 235 eAstRidge dRiVeSpacious Frisco home includes 4+ bedrooms, 4 baths and a nice corner lot.

Relax in the hot tub while taking in the mountain views. $559,000www.mountain-living.com/201emily.html

Enjoy amenities included in only the best single family neighborhoods with this open and bright, 4 bedroom, luxury home in Dillon. Huge deck

with private hot tub and nice views. $895,000

410c FRisco BAy townhoMes 310 cRoss cReek condosThis affordable 3 bedroom, 2 bath townhome has a detached one car

garage and is close to Lake Dillon & Main Street providing easy access to all Frisco events. $299,900

On Ten Mile Creek in Frisco! Relax to the sound of the creek rolling by in this 3 bedroom, 2.5 bath condo with a one car garage and private deck.

Community amenities. $475,000

5234 MontezuMA RoAd 8206 silVeR MillBeautifully updated 3 bedroom home overlooking the river in Montezuma.

Enjoy hiking biking and cross country skiing right outside your door. An amazing location!

Light and bright 3 bedroom condo in the heart of Keystone’s River Run Village. Large living area enjoys multiple decks and ski slope views.

This is the one! Call for price.

6

Fun FactsFun FactsApproximately 80% of the land area in

Summit County is publicly held land and 20% privately owned.

According to the 2010 census, the permanent Summit County population was 27,994.

Nearly a 19% increase over 2000 numbers.

Keep tabs on the Summit County real estate market with The Mountain Living Team’s monthly e-newsletter.

Sign up by sending an email to newsletter@mountain-living.com

JunE8 37th annual Run the Rockies – Frisco Ten Mile One Mile kayak competition – Frisco National Marina Day – Dillon 3rd annual customer appreciation bbQ – Dillon8-9 Let’s go boating Fundraiser – Dillon12 summit Trail Running series – Breckenridge13 20th annual Frisco colorado bbQ challenge kickoff concert14 bacon burner 5k – Frisco breckenridge Town Party!14-15 20th annual Frisco colorado bbQ challenge15 kingdom Days – Breckenridge NRO Opening Night – Breckenridge18 World’s Largest swimming Lesson – silverthorne19 NRO Free community concert – Breck20 concert in the Park series – Frisco bike-in Movie – Keystone21 Historic Walking Tour of Frisco Dinner with the ghosts – Dillon blue River series - breck22 Full Moon Fling Disc golf – Frisco Lake Dillon brew Festival – Dillon NRO concert – breck22-23 blue River bacon Tour – Keystone25 kid’s Discovery Days – Keystone26 bike to Work Day – Frisco summit Trail Running series – Breck27 concert in the Park series – Frisco cupcakes & canvases – Keystone28 Young Peoples Theatre Workshop – Dillon28-30 colorado Running Festival – Copper Mountain29 Timberline cruiser Regatta – Frisco saturday Morning adventure – Dillon The Machine performs the music of Pink Floyd – Dillon NRO concert – Breck29-30 snake River Festival – Keystone30 keystone balance bike series

July2 Historical Hike to sts John – Dillon kid’s Discovery Days – Keystone3 NRO concert – Breck4 Team summit Pancake breakfast – Frisco Frisco’s Fabulous Fourth of July celebration NRO Performance – Dillon July 4th Old Town celebration – Dillon 4th of July celebration breckenridge style Independence Day 10k Trail Run – Breck 4th of July celebration – Keystone bike-in Movie – Keystone4-7 Wanderlust colorado 2013 – Copper Mountain5 Friday Night concert series – Dillon blue River series – Breck6 Frisco’s Founders Day celebration saturday Morning adventures – Dillon sunset at the summit concert series – Dillon NRO concert – Breck6-7 big Mountain enduro – Keystone7 blue River series – Breck keystone balance bike series – keystone9 kid’s Discovery Days – Keystone10 NRO concert – Breck11 Historic saloon Lecture – Frisco

concert in the Park series – Frisco blue River series – Breck cupcakes & canvases – Keystone12-14 Xterra Wild Running Festival – Keystone keystone Wine & Jazz Festival13 Triple bypass bicycle Ride - Day 1 through Frisco saturday Morning adventures – Dillon NRO concert – breck16 bMF Tuesday series – Breck kid’s Discovery Days – Keystone17 NRO chamber Orchestra – Breck summit Trail Running series Race - breck18 concert in the Park series – Frisco Dillon/Denver & the Dam Walking tour – Dillon cornish Miners – Dillon Ice cream social – Silverthorne bMF Orchestral series – Breck bike-in Movie – Keystone19 Historic Walking Tour of Frisco Full Moon Fling Disc golf – Frisco19-21 Lake Dillon arts Festival – Dillon NRO concert – Breck20 Young Peoples workshop Theatre – Dillon saturday Morning adventures – Dillon Old Fashioned Ice cream social – Dillon bMF sepcial event – Breck kidtopia kid’s Fest – Keystone Model ship Regatta – Keystone20-22 courage classic – Copper Mountain21 children’s Hospital courage classic – Day 2 in Summit County NRO brunch time concert – Breck keystone balance bike series – Keystone22 Pastry & the Past Dessert and Historical Talk – Dillon23 girl Power – silverthorne bMF Tuesdayseries – Breck kid’s Discover Days – Keystone24 NRO concert – Breck25 Junior sailing Olympics – Frisco concert in the Park series – Frisco Dillon/Denver & the Dam Walking Tour – Dillon bMF Orchestral series – Breck cupcakes & canvasses – Keystone26-28 Village art Walk – Copper27 saturday Morning adventures – Dillon Hike Ms colorado & benefit concert – Copper kidtopia kid’s Fest – Keystone28 Rocky Mountain Triathlon – Silverthorne29 Pastry & the Past: Dessert and Historical Talk – Dillon30 bMF Tuesday series – Breck kid’s Discovery Days – Keystone31 summit Trail Running series – Breck NRO concert – Breck

AuguSt1 concert in the Park series – Frisco bike-in Movie – Keystone1-4 Dillon Open Regatta2 NRO season Finale – Breck2-4 17th annual bluegrass and beer Festival – Keystone3 LaPs canine 4k Run or Walk – Frisco Young Peoples Workshop Theatre – Dillon Hunky Dory Half Marahton – Breck bMF Orchestral series – Breck copper Triangle bicyle Tour – Copper Mtn4 blue River series – Breck Lake Dillon challenge Rowing Regatta – Frisco5 Pastry & The Past: Dessert and Historical Talk

girls on the Run camp – Frisco6 bMF Tuesday series – Breck kid’s Discovery Days – Keystone7 bMF brass concert – Breck8 concert in the Park series – Frisco Dillon, Denver and the Dam Walking Tour – Dillon blood Drive – Silverthorne Just for boys – Silverthorne cupcakes & canvasses – Keystone9 John Lee Hooker Jr – Dillon Putterhead Volleyball Tournament bMF Free Family concert – Breck9-10 krystal 93 bbQ at the summit9-11 guitar Town – Copper Mtn10 bMF Orchestral series – Breck kidotpia kid’s Fest – Keystone11 adventure Xstream in summit – Frisco blue River series – Breck keystone balance bike series – Keystone12 Pastry & the Past; Dessert and Historical Talk – Dillon13 bMF Tuesday series – Breck kid’s Discovery Days – Keystone14 summit Trail Running series – Breck bMF cabaret – Breck15 concert in the Park series – Frisco Dillon, Denver & the Dam Walking Tour – Dillon breck bike Week bike-in Movie – Keystone16 bMF swinging at the summit – Breck17 circle The summit – Frisco Family Fun Fest – Frisco bMF Orchestral series – Breck Warrior Dash Rockies – Copper kidtopia kid’s Fest – Keystone17-18 Queen & king of the beach: 2v2 Volleyball Tournament – Silverthorne19 Tiaras & Tutus Fun Run – Frisco Pastry & the Past: Dessert and Historical Talk20-21 UsaPro cycling challenge – Breck21 summit Mountain challenge – Keystone22 concert in the Park series – Frisco Dillon, Denver & the Dam Walking Tour23-25 Outlaws of Dirt – Frisco 29th annual genuine Jazz & Wine – copper24 River Run Rocks concert series26 Pastry & the Past; Dessert and Historical Talk – Dillon28 summit Trail Running series – Breck29 Dillon, Denver & the Dam: Walking Tour30 Doo Wop Denny’s Dance Party – Silverthorne30- 9/1 Oktoberfest – Frisco Copper country31 Peak One Oen Disc golf Tournament – Frisco31- 9/1 keystone Downhill jam – Keystone

SEPtEMbER1 Taste of keystone keystone balance bike series6 Fall for the arts concert – Dillon6-7 Ragnar Relay colorado – Copper 7 Fall Fest – Frisco Mt Royal Hill climb – Frisco slate creek bbQ & Dance – Dillon a51 River Run Rail series – Keystone13-15 19th annual Oktoberfest – Breck19-22 33rd annual breckenridge Festival of Film

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If you love barbecue and haven’t been to Summit County for some barbecue during the summer you are missing out. You can easily change that this summer. Summit County has two barbecue tasting events. The first is the summer kick off. Frisco’s BBQ Challenge is June 13-15 this year. The second one occurs while summer is winding down. Dillon hosts the BBQ of the Summit on August 9 and 10. Both of these events feature some great barbecue from all over the country. Some will even sell you their sauce so you can enjoy your favorite sauce at home. In Dillon there’s almost always live music on stage. Afterward you can even take in a free concert at the Dillon Amphitheatre or in Frisco at the Historic Park. If

you are a die-hard barbecue lover, you might want to look into becom-ing a judge for one of the barbecue contests. What more could you want than to have delicious barbecue deliv-ered to you to try? While there always is a lot of bar-becue, you can also enjoy grilled corn on the cob, funnel cakes, homemade potato chips, and lots and lots of beer. Seating is sometimes hard to come by so bringing your own chairs, and some type of shade can be a good idea.

For more information about Frisco’s event in June, visit www.townoffrisco.com/events/bbq-challenge.

For more information about Dillon’s event in August, visit www.summitro-taryevents.com/BBQ-at-the-Summit. n

BBQ, Anyone?

TuesdAys explore lake dillon boat Tours – Dillon through Augusthistorical society boat Tours – Dillon through August

wednesdAyscountry dancing – Dillon through August

lunchtime lecture series – Frisco through August 14

fridAysfarmer’s market – Dillon through Sept 13

friday night concert series – Dillon through August

sATurdAys sunset at the summit concert series

– Dillon through August

SEE MOrE iNfOrMATiON ON THESE HOMES iNSiDE!

Frisco • $975,000 See More information on Page 4!

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Copper Mountain • $379,000 See More Information on Page 5!

Frisco • $559,000 See More Information on Page 5!

MArKET STATiSTiCS

in today’s real estate market prices are constantly changing. for the most up-to-date prices call us:

888-666-0844

Q1 2013 is up 8% over the number of sales Q1 2012 and 82% over Q1 2009.

Average sale price in Q1 2013 is down 6% compared to Q1 2012 and down 12% compared to Q1 2008.

The number of condo sales in Q1 2013 is up 40% over Q1 2012.

Single-family homes made up 33% of residential sales in Q1 2013.

On average, properties in Q1 2013 sold for 95% of list price. That’s a higher percentage than we have seen since 2009.

Average days on market in Q1 was 333. That’s lower than Q1 in 2011 and 2012.

25 pieces of vacant land sold in the first 3 months of 2013 compared to 19 in Q1 2012, a 32% increase.

Average sales price increased 36% to $344,022 over Q1 2012.

The number of land sales are down 58% when comparing Q1 2013 to Q1 2008.

On average, lots sold for 83% of list price in Q1 2013.

Average days on the market for lot sales in Q1 2013 is 696. That’s down 9% from Q1 2012.

residential Properties

Vacant Land