Rolando Cuadrado

This is a current market snapshot for the NON-ski towns in Summit County, Colorado. Click here for a similar look at our 3 ski towns, Breckenridge, Copper Mountain, & Keystone.

RolandoTheRealtor, RE/MAX Properties of the Summit, works with buyers and sellers in Breckenridge, Copper Mountain, Dillon, Frisco, Keystone, & Silverthorne, Colorado. Call Rolando at 970 389 9801 for all of your Summit County real estate needs. Visit www.RolandoTheRealtor.com or email Rolando@RolandoTherealtor.com.

Here's a current snapshot of Summit County's available ski town properties. This only includes the ski communities of Keystone, Copper Mountain, and Breckenridge. Click here for a similar look at our three non-ski towns, Dillon, Frisco, & Silverthorne, Colorado.

RolandoTheRealtor, RE/MAX Properties of the Summit, works with buyers and sellers in Breckenridge, Copper Mountain, Dillon, Frisco, Keystone, & Silverthorne, Colorado. Call Rolando at 970 389 9801 for all of your Summit County real estate needs. Visit www.RolandoTheRealtor.com or email Rolando@RolandoTherealtor.com.

Summit County, Colorado April 2008 Real Estate Highlights

(Compiled from county records, courtesy Land Title)

The Summit County average prices continue to increase. The April Gross Residential Price Index indicates that Multi-Family average price ($456,267) is higher than 2007 ($406,529) and 2006 ($333,501). Vacant Land is also much higher with the average price at $491,940 vs. 2007 ($391,587) and 2006 ($311,951). Single Family Average price this month ($838,026) is also higher than the entire year 2007 ($798,889) and 2006 ($737,253).

As of April 2008, YTD, there were 56 Residential Improved Units that sold for $1M and over, last April 2007 YTD, there were only 44.

The month of April 2008 does reflect a 30% decrease from the month of April 2007 in monetary volume. The month of April 2008 indicates a 38% decrease in number of transactions compared to the month of April 2007. However, month to date (4 months of 2008) monetary volume shows a 15% decrease (4 months in 2007). We are showing a 24% decrease (4 months to date) in 2008 with number of transactions in 2007 (4 months to date in 2007).

There were 621 loans in April, with 348 of the loans being REFI's. 25% of the Real Estate Closings in March were cash transactions.

The April Market Analysis by Area shows that Blue River & South of County line ($648,750) and Silverthorne ($725,000) had the highest Median Residential Prices.

www.RolandoTheRealtor.com is your expert local source for Summit County, Colorado real estate in Breckenridge, Copper Mountain, Dillon, Frisco, Keystone, & Silverthorne. Ski condos, vacation chalets, & mountain homes. Call me today at 970 389 9801.

"BOOM!" We hear it often here in the High Country.

Living near a ski resort offers some unique experiences. Most of the ski areas use avalanche bombs to control slides. By creating controlled avalanches, they are able to prevent unexpected disasters. The Colorado Department of Transportation (CDOT) also controls avalanches along the major highways, particularly I-70 and Hwy. 6 at Loveland Pass. Depending on how close you live to these areas, you may sometimes hear a boom loud enough to rattle your windows. This is most common in the Spring, when snow conditions are prime for dangerous avalanches.