Tuesday, December 7, 2010

Frisco Market Update

Here’s my update on the Frisco real estate market. 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.

There are 72 condos and townhomes on the market. The lowest price for a condo is a two bedroom unit in the Littlehorn complex for $199,000. There are 40 units for sale under 400K. Prices go up to $1,190,000 for a completely remodeled Lagoon Townhome. Seventeen condos and townhomes are pending and in the last year 82 have sold. You can get information about Frisco condos on my web site. You will find a picture of the complex, size and year built. No prices because they are always changing, ask me what’s available or search the MLS.

In single family homes and half duplexes forty-one are for sale. The lowest priced is a four bedroom home for $424,000. Otherwise the prices range from $449,500 to $1,750,000. Currently 2 homes are under contract and in the last year 35 single family homes and half duplexes have sold with prices ranging from $410,000 for a 3 bedroom home to $1,900,000 for a four bedroom home built in 2008. The lowest price was a deed restricted two bedroom half duplex which sold for $199,481.

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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