Chuck Leathers
Special to the Daily

Back to: News
March 23, 2013
Follow News

Real Estate At A Glance: Condominium sales

Condominium sales continue ahead of last year to date in number, but not in price. The average price for resale condominiums declined by about 7 percent from last year to date. Resale figures are based only 68 sales through February and will certainly look better by year end. Average price for all sales continues to run ahead of last year as a few high-dollar developer-owned units in Breckenridge influence that average.

The number of properties for sale is still stuck at the 1,500 level as owners continue to hold off on selling. Well priced new listings are gone in a matter of weeks.

$288,600 ... average sale price for resale condominiums through February

$359,700 ... average sale price for all condominiums through February

Chuck Leathers is the broker/owner of Chuck Leathers Real Estate Co. He can be reached at (888) 485-2300 or email him at ChuckLeathers@Realtor.com.


Explore Related Articles

Trending in: News

The Summit Daily Updated Mar 23, 2013 12:37AM Published Mar 23, 2013 12:35AM Copyright 2013 The Summit Daily. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.