Tuesday, July 13, 2010

Home Market Update


Here’s an update on the home market in Dillon, Frisco, Keystone, Silverthorne, Heeney and Blue Valley Acres. We have lots of choices.

Dillon:

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.

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 84 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $300,000 for a three bedroom half duplex in Summit Cove (five minutes to Keystone). Eleven homes are listed for a million or more. Five homes are currently pending. Looking back over the last year, 47 single family homes and half duplexes have sold, the lowest price was $265,000, twenty sold between 3 and 4 hundred thousand and the highest price was $849,000.

Frisco:

Frisco is a historic town in the center of Summit County located on the west side of Lake Dillon. Where Dillon is known for its sail boats and regattas the Frisco end of the lake has lots of islands and quiet coves. Frisco does have its own marina too. Over the years I’ve met a lot of buyers who really wanted to own in Frisco because of the central location and the “cute” Main Street. Frisco is also the closest town to Copper Mountain Resort.

In single family homes and half duplexes sixty (double what was for sale this past winter) are for sale priced from $310,000 to $1,995,000. In the last year 39 single family homes and half duplexes have sold with prices ranging from $199,481 for a 2 bedroom deed restricted half duplex to $1,600,000 for a six bedroom home built in 2003.

Keystone:

Keystone homes and half duplexes start at $269,000. for a 2 bedroom one bath cabin in Loveland Pass Village (walking distance to the slopes) and go up to $4,500,000. Right now there are 56 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months seventeen homes have sold 9 of those were a million or more.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes appear in the Summit County MLS under the Keystone area. Right now there are two homes for sale; the lowest price is $514,000 for a 2 bedroom home right on Peru Creek.

Silverthorne:

Currently there are 153 homes and half duplexes for sale in the Silverthorne area. I’ve listed a great three bedroom home near the Blue River for $524,999. The prices on homes range from $219,900 to $3,995,000, sixteen are pending. Ninety-seven homes have sold in the last year, prices from $242,000 to $1,865,000.

Heeney and Blue Valley Acres:

If you are willing to drive north of Silverthorne about 30 miles to Blue Valley Acres (which is just into Grand County) or 25 miles north to Heeney on the Green Mountain Reservoir you can get a lot more for your money.

Right now there are seven homes for sale in Blue Valley Acres. The lowest price is a three bedroom home for $239,000 and the highest $389,000. In the last year five homes have sold per the Summit County MLS. The most expensive sold for $286,500 it was a 3 bedroom 2 bath 1400 sq ft.

In the Heeney/Green Mountain Reservoir area (24 miles north of Silverthorne) there are eight homes for sale. (The most I can ever remember at one time) Prices range from $97,000 for a 1 bedroom bank foreclosure to $595, 000 for 3 bedroom 2 bath over 3000 square foot home. I have one listed that is a great 3 bedroom 2 bath almost right on the lake for $365,000. In the last year 4 homes have sold ranging from 230,000 for a 3 bedroom A-frame to $495,000.

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 Frisco 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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