Thursday, March 4, 2010

Dillon Colorado Market Update

About once a month I do a market update of the different areas in Summit County. The inventory is about the same as last month, but I see more properties coming on the market in the next couple months.

The Dillon area consists of the town of Dillon, and several unincorporated neighborhoods. Some of those neighborhoods are Dillon Valley and toward Keystone, Corinthian Hills, Summerwood, Summit Cove, Whispering Pines and Soda Creek. The area has several price points.

The lowest price for condos is usually in Dillon Valley East and West. Currently there are twenty-five units on the market. The lowest price is a one bedroom unit for $119,000. I just listed a three bedroom with two baths in Dillon Valley East for $199,900. Here’s a link to more information and pictures. In the town of Dillon near the lake there is a shortage of condo options. The lowest priced is a one bedroom in the Yacht Club complex for $189,000, great location close to the marina, farmers market and restaurants. Prices go up to $930,000 for a four bedroom condo in the Anchorage complex- right on Lake Dillon. I do have a list of the condos and townhomes in the Dillon area on my web site. It won’t list prices but you will see a picture of the complex and other information. If you see something you like then you can search the MLS to see if anything if for sale in that complex – or just ask me.

Very few single family homes are for sale in the town of Dillon, but the surrounding neighborhoods of Dillon Valley, Summit Cove, Soda Creek and Whispering Pines have many options. There are 54 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $324,000 for a three bedroom half duplex in Dillon Valley. Seven homes are listed for a million or more. Nine homes are currently pending. Looking back over the last year, 35 single family homes and half duplexes have sold, the lowest price was $294,200, sixteen sold between 3 and 4 hundred thousand and one over a million.

You would have several choices in vacant lots in the Dillon area. Currently there are twenty-one on the market. The prices range from $149,900 for a half acre lot above Dillon Valley to $399,000 for a building site in Summerwood. Only two lots have sold this past year at the prices of $193,000 and $154,000. Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Dillon and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.

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