Wildernest and Silverthorne Market Update

Here’s what’s going on in the Silverthorne real estate market. In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $158,000; it's a studio unit in Buffalo Village. Right now 100 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $749,000 for a new three bedroom townhome. Seven are pending and 106 have sold last year. Those prices ranged from $110,000 for a studio condo up to $595,000 for a new four bedroom townhome. You can find a list of the condos in Wildernest and Silverthorne on my web site. The size of the complex, year built and pictures are there too. To find out prices you will need to call me or search the mls. Prices are always changing.

In the last year the market for single family homes and half duplexes has slowed down; what a great buyer’s opportunity with lower interest rates and lots of choices. There are 116 homes and half duplexes for sale in the Silverthorne area. I’ve listed a great three bedroom home near the Blue River for $545,000. The prices on homes range from $299,999 to $3,995,000, ten are pending. Eighty-five homes have sold in the last year, prices from $242,000 to $2,450,000.

You have many options in building sites in Silverthorne. Prices range from $137,500 for almost 2 acres nine miles north of town and go up to $585,000 for over an acre in the Three Peaks subdivision. If you are looking for larger acreage the lowest price is $499,900 for 20 acres up to $1,875,000 for 70 acres in Shadow Creek Ranch. There are small ranches north of Silverthorne “down the Blue” starting at $895,000 for a 4 bedroom home on 40 acres. Around the Green Mountain Reservoir, there is a 20 acre lot for $599,900 and 314 acres up Cataract Creek Road for $3,175,000.

Every week I put together a list of everything for sale - I'll send it to you if you would like. You can also search the Summit County MLS from my web site.

Frisco Market Update

Frisco is a historic town in the center of Summit County. Frisco is 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 65 condos and townhomes on the market, of those 19 have been built in the last couple years or have yet to be built. The lowest price for an existing condo (not deed restricted) is a one bedroom unit for $245,000. There are 23 units for sale under 400K. Prices go up to $1,320,000 for a new three bedroom in Latitude 39. Six condos and townhomes are pending and in the last year 72 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 twenty-eight are for sale the prices range from $548,000 to $1,795,000. In the last year 36 single family homes and half duplexes have sold with prices ranging from $350,000 for a 3 bedroom “fixer upper” to $1,600,000 for a six bedroom home built in 2003. There is one half duplex that is “deed restricted” which means the occupant must work in the county, it’s a two bedroom listed for $204,481.

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.

Heeney and Blue Valley Acres Market Update

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 eight homes for sale in Blue Valley Acres. The lowest price is a three bedroom home for $213,000 and the highest $399,999. In the last year six homes have sold per the Summit County MLS. The most expensive sold for $278,500.

Vacant lots in Blue Valley Acres are a comparative bargain too. There are twelve lots on the market. The prices range from $46,900 to $189,000. In the last year three lots sold per the Summit County mls, the highest price being $75,000. You can find out more about Blue Valley Acres on my web site.

In the Heeney/Green Mountain Reservoir area (24 miles north of Silverthorne) there are two homes for sale, one is a 3 bedroom for $275,000 and the other is the cabin I have listed with an incredible view for $265,000. Here’s a link to that property info. There is a building site for sale at $99,500.

Silverthorne and Wildernest Market Update

Here’s what’s going on in the Silverthorne real estate market. In general Silverthorne and the Wildernest area are where you will get the most for your money in Summit County. The lowest price for a condo is $158,000; it's a studio unit in Buffalo Village. Right now 87 condos and townhomes are currently for sale in Silverthorne including Wildernest (above Silverthorne to the west). Prices go up to $749,000 for a new three bedroom townhome. Nine are pending and 106 have sold last year. Those prices ranged from $110,000 for a studio condo up to $595,000 for a new four bedroom townhome. You can find a list of the condos in Wildernest and Silverthorne on my web site. The size of the complex, year built and pictures are there too. To find out prices you will need to call me or search the mls. Prices are always changing.

In the last year the market for single family homes and half duplexes has slowed down; what a great buyer’s opportunity with lower interest rates and lots of choices. There are 119 homes and half duplexes for sale in the Silverthorne area. I’ve listed a great three bedroom home near the Blue River for $545,000. The prices on homes range from $289,000 to $3,995,000, ten are pending. Eighty homes have sold in the last year, prices from $278,000 to $2,450,000.

You have many options in building sites in Silverthorne. Prices range from $137,500 for almost 2 acres nine miles north of town and go up to $585,000 for over an acre in the Three Peaks subdivision. If you are looking for larger acreage the lowest price is $499,900 for 20 acres up to 2.2 million for 70 acres in Shadow Creek Ranch. There are small ranches north of Silverthorne “down the Blue” starting at $895,000 for a 4 bedroom home on 40 acres. Around the Green Mountain Reservoir, there is a 20 acre lot for $599,900 and 314 acres up Cataract Creek Road for $3,175,000.

Every week I put together a list of everything for sale - I'll send it to you if you would like. You can also search the Summit County MLS from my web site.

Keystone Real Estate Market Update

About once a month I do a market update of the different areas in Summit County. The change I see between this month and last is that the inventory is down. This is the time of year when many owners take their property off the market to rent for the winter season.

We are getting new snow and skiing should be great. In financing a resort condo a buyer will probably need at least 25 % down and good credit, but the interest rate will be good too.

Keystone is where you will have good choices if you are looking for a resort condo. The River Run Village area at the base of the mountain is very popular. The units are all newer, built since 1996 and within an easy walk to the Gondola. One bedroom units start at $250,000, two bedrooms at $393,900. Nearby is a one bedroom in River Bank Lodge for $215,000. If you are looking for more for your money, the older complexes offer nice big floor plans and lower prices. In the Pines complex there is a two bedroom unit that is listed for $289,900. The numbers for all the condos and townhomes in Keystone are: 165 active, 13 pending and 121 sold in the last year. On my web site I do have a list of the condos and townhomes in the Keystone area. There won’t be prices because they are always changing, but you will see when the complex was built, how many units, and what amenities it has. If you see something that temps you – contact me or search the mls.

Keystone homes and half duplexes start at $319,900. and go up to $5,700,000. Right now there are 49 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months eighteen homes have sold 13 of those were a million or more. Every week I put together a list of everything for sale in Keystone and Summit County, let me know and I can email it to you. You can also search the Summit County MLS from my web site.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes and lots for sale appear in the Summit County MLS under the Keystone area. Right now there are two homes for sale, the lowest price is $669,000 for a 4 bedroom home which used to be a Bed and Breakfast. There are several lots for sale, prices start at $390,000 for over an acre and go up to $499,000 for 5 acres at Webster Pass road.

Frisco Real Estate Market Update

About once a month I do a market update of the different areas in Summit County. The change I see this month compared to last month is that the inventory is down. This is the time of year when many owners take their property off the market to rent for the winter season.

Frisco is a historic town in the center of Summit County. Frisco is 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 70 condos and townhomes on the market, of those 22 have been built in the last couple years or have yet to be built. The lowest price for an existing condo (not deed restricted) is a studio unit for $144,900. There are 27 units for sale under 400K. Prices go up to $1,320,000 for a new three bedroom in Latitude 39. Six condos and townhomes are pending and in the last year 64 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 twenty-three are for sale the prices range from $530,000 to $1,795,000. In the last year 33 single family homes and half duplexes have sold with prices ranging from $350,000 for a 3 bedroom “fixer upper” to $1,600,000 for a six bedroom home built in 2003. There is one half duplex that is “deed restricted” which means the occupant must work in the county, it’s a two bedroom listed for $204,481.

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.

Holidays in Summit County

The way you can tell it's the Holidays in Summit County is that there are no carts at the grocery store and the parking lot is full. Everyone does seem to be having a good time. We are all hoping for snow, but these sunny days are wonderful while they are here.

Bargain Hunting Summit County Real Estate

I participated in a "true" exchange of a couple properties in Wildernest. That's the first time in 23 years in real estate. It's rare because the buyer of the new property had to come up with a lot of cash. He got a good deal, which has made me think of the other "deals" out there.

It really depends on the seller. Many have owned their property long enough that they are going to make money even if they take a big discount. Another seller may not be in that position. The only way to find out is to make an offer.

Buyers are taking the plunge and getting the bargains. It's interesting to look at the sales price to list price ratio. Traditionally it was 95 to 97% of list. I just checked on single family homes and half duplexes so far this year it's 93%, condos/townhomes 95% and on land 86%. Last year the condos and homes were 96% and land 92%.

Let me know if you would like to jump in. I can show you what the history of sales have been. Interest rates are great.

Keystone Market Update

About once a month I do a market update of the different areas in Summit County. The change I see between this month and last is that the inventory is down. This is the time of year when many owners take their property off the market to rent for the winter season.

We are getting new snow and skiing should be great. In financing a resort condo a buyer will probably need at least 25 % down and good credit, but the interest rate will be good too.

Keystone is where you will have good choices if you are looking for a resort condo. The River Run Village area at the base of the mountain is very popular. The units are all newer, built since 1996 and within an easy walk to the Gondola. One bedroom units start at $249,900, two bedrooms at $393,900. Nearby is a one bedroom in River Bank Lodge for $215,000. If you are looking for more for your money, the older complexes offer nice big floor plans and lower prices. In the Pines complex there is a two bedroom unit that is listed for $299,900. The numbers for all the condos and townhomes in Keystone are: 162 active, 15 pending and 110 sold in the last year. On my web site I do have a list of the condos and townhomes in the Keystone area. There won’t be prices because they are always changing, but you will see when the complex was built, how many units, and what amenities it has. If you see something that temps you – contact me or search the mls.

Keystone homes and half duplexes start at $319,900. and go up to $5,700,000. Right now there are 50 homes listed for sale. Many of those homes are in Keystone Ranch backing to the golf course. In lasts 12 months sixteen homes have sold 12 of those were a million or more. Every week I put together a list of everything for sale in Keystone and Summit County, let me know and I can email it to you. You can also search the Summit County MLS from my web site.

The small mining town of Montezuma is east of Keystone about 10 miles. Homes and lots for sale appear in the Summit County MLS under the Keystone area. Right now there are two homes for sale, the lowest price is $669,000 for a 4 bedroom home which used to be a Bed and Breakfast. There are several lots for sale, prices start at $292,500 for a quarter of an acre and go up to $490,000 for 1.85 acres.

A beautiful drive into work!

I'm so lucky to live here. This was my view of part of the Gore Range this morning after a couple rainy days.