Dillon Market update

About once a month I do a market update of the different areas in Summit County. The number of properties going under contract seems to have increased a bit. Those are buyers who what their ski condo for the season. They are taking advantage of a lot of properties to pick from and great interest rates.

Here’s the latest on 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. The area has several price points.

The lowest price for condos is usually in Dillon Valley East and West. Currently there are 28 units on the market. The lowest price is a one bedroom unit for $109,500. There is a three bedroom two bath for $162,500! What a great price for a mountain condo. In th town of Dillon near the lake, the lowest priced one bedroom is in the Yacht Club complex for $199,000, it has a great location right on the shore. Prices go up to $899,000 for a four bedroom condo in the Anchorage complex, also right on Lake Dillon. Right now there are 118 condos and townhomes on the market in the Dillon area, 5 are pending and 65 have sold in the last year. 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 77 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. Eight homes are listed for a million or more. Eleven homes are currently pending. Looking back over the last year, 45 single family homes and half duplexes have sold, the lowest price was $265,000, it was a half duplex in Dillon Valley and the most expensive sold for $ 849,000 a three bedroom home in Summerwood.