Highlands at Breckenridge

Highlands Home Sales Are Strong

Hello from Breckenridge, Colorado!

Sales are strong in the Highlands At Breckenridge luxury home subdivision. As of today, 5/11/2013, there is a 10-month supply of homes in the Highlands (just the original Highlands subdivision - not the golf course filings nor Discovery Hill, etc).

Some details:
  • We charted all 65 home sales in this subdivision since 1/1/2009, and the price-per-square-foot is stable and slightly rising! (See the red line). There’s a slight +2% percent per year uptrend (green line) in the price per square foot.
  • The most recent sale (blue line) was for $3,400,000 on 4/24/13, which is the highest sales price in this subdivision, ever!
  • The last three sales were:
  1. $359 / sq ft on 4/8/13 - We (Roger & Teresa) had the buyer!
  2. $389 / sq ft on 4/24/13 - An agent in our Breckenridge RE/MAX office had the buyer!
  3. $448 / sq ft on 4/24/13 - Once again, an agent in our Breckenridge RE/MAX office had the buyer!
The average sold price per square foot since 2009 has been $309 / sq ft, so these last three sales are well above the average.

So, for the last 3 sales, the Breckenridge RE/MAX office had the buyer! Hmmm… I guess you know who to call! Roger & Teresa at (970) 376-2038!
Screen Shot 2013-05-11 at 11.15.37 AM

It’s great to see continued strength in our local real estate market, isn’t it? With the stock market at an all time high, and interest rates at historic lows, it looks like 2013 is shaping up to be a fantastic year for Breckenridge.



Roger & Teresa Moen
Your Mountain Realtors
970.376.2038

Highlands Home Prices Still Stable

Hello from Breckenridge, Colorado!

Here’s more good news, from the Highlands At Breckenridge luxury home subdivision:
  • We charted all 37 home sales in this subdivision since 1/1/2009, and the price-per-square-foot is stable! (See the magenta line). There’s a slight -2.1% percent per year downtrend (yellow line) in the price per square foot, but that’s not a major trend.
  • The sold prices ranged from $850,000 to $2,199,000.
  • The last three sales were:
  1. $199 / sq ft on 1/25/11 (We had the buyer! Bank owned)
  2. $295 / sq ft on 2/8/11
  3. $390 / sq ft on 3/24/11

For homes in The Highlands At Breckenridge subdivision:
  • The peak selling prices occurred roughly from July 1, 2007 to July 1, 2008, and averaged $401 per sq ft
  • Selling prices from January 1, 2009 through April 22, 2011 averaged $305 per sq ft
  • That’s a drop of around 24% from the peak
  • Although there have been a few foreclosures and bank-owned sales, on average the selling price per square foot in the Highlands has bottomed out, and since 1/1/2009 it is roughly flat.

So, we’re having a sale! Luxury home prices in this prestigious subdivision have been rolled back 24%.

What a great time to buy, in one of the most affordable ski resort towns in the U.S.!



Roger & Teresa Moen
Your Mountain Realtors
877.453.2266

Highlands Home Sales Encouraging

Hello there,

Here’s the real estate market update, for the luxury Highlands at Breckenridge subdivision in Breckenridge, Colorado!

It’s still very early in the year, but the number of sales so far is encouraging.



The chart above shows the number of residential home sales in the original Highlands At Breckenridge subdivision, from January 1st of a year, to February 9th of that year.
  • The number of properties sold to date in 2011 is the same as last year, namely three so far. This is well above the average pace, going back to 2005.
  • The total sales volume (the sum of all selling prices) is up slightly (4%) vs 2010
The three sales so far in 2011 are:
  1. 1/4/11, 35 Fletcher Ct, $1.495M, 6 bed / 8 bath, 7256 sq ft ($206/sq ft)
  2. 1/25/11, 1883 Highlands Dr, $957K, 4 bed / 3.5 bath, 4805 sq ft ($199/sq ft) (we found the buyer!)
  3. 2/8/11, 45 Golden Age Dr, $1.448M, 4 bed / 4.5 bath, 4908 sq ft ($295/sq ft)
Please check back from time to time, for more Highlands At Breckenridge market analysis and statistics.



Roger and Teresa Moen
Your Mountain Realtors
877.453.2266

Highlands Year-End Market Review

Hello there,

Here’s the real estate market year-end review, for the luxury Highlands at Breckenridge subdivision in Breckenridge, Colorado!



The chart above shows the number of residential home sales in the original Highlands At Breckenridge subdivision, for each of the years from 2004 through 2010.
  • The number of properties sold in 2010 was down 17% from 2009, but 2010 was still a good year for sales in The Highlands, all things considered
  • The total sales volume (the sum of all selling prices) for 2010 was down 27% vs 2009
Please check back from time to time, for more Highlands At Breckenridge market analysis and statistics.



Roger and Teresa Moen
Your Mountain Realtors
877.453.2266

Luxury Home Prices Still Stable

Hello from Breckenridge, Colorado!

Here’s more good news, from the Highlands At Breckenridge luxury home subdivision:
  • We charted all 32 home sales in this subdivision since 1/1/2009, and the price-per-square-foot is stable! (See the magenta line). In fact, there’s a slight 2.7% percent per year uptrend (yellow line) in the price per square foot. The sold prices ranged from $850,000 to $2,199,000.

For homes in The Highlands At Breckenridge subdivision:
  • The peak selling prices occurred roughly from July 1, 2007 to July 1, 2008, and averaged $401 per sq ft
  • Selling prices from January 2009 through November 2010 averaged $309 per sq ft
  • That’s a drop of around 23% from the peak
  • Prices appear to have bottomed out, and since 1/1/2009 they are rising at a rate of 2.7% per year

So, we’re having a sale! Luxury home prices have been rolled back 23% - but they are rising off of their lows.

What a great time to buy, in one of the most affordable ski resort towns in the U.S.!



Roger & Teresa Moen
Your Mountain Realtors
877.453.2266

Luxury Home Prices Stable in Breckenridge

Hello from Breckenridge!

Here’s
more good news, this time from the Highlands At Breckenridge luxury home subdivision:
  • We charted all 27 home sales in this subdivision since 1/1/2009, and the price-per-square-foot is stable! (See the magenta line). In fact, there’s a 4 percent per year uptrend (yellow line) in the price per square foot. The sold prices ranged from $850,000 to $2,199,000.

For homes in The Highlands At Breckenridge subdivision:
  • The peak selling prices occurred roughly from July 1, 2007 to July 1, 2008, and averaged $401 per sq ft
  • Selling prices from January 2009 through August 2010 averaged $310 per sq ft
  • That’s a drop of around 23% from the peak
  • Prices appear to have bottomed out, and since 1/1/2009 they are rising at a rate of 3.8% per year

So, we’re having a sale! Luxury home prices have been rolled back 23% - but they are rising off of their lows.

What a great time to buy, in one of the most affordable ski resort towns in the U.S.!



Roger & Teresa Moen
Your Mountain Realtors
877.453.2266

Luxury Home Prices Stabilize

Happy Friday!

Here’s
more good news, this time from the Highlands At Breckenridge luxury home subdivision:
  • We charted all 17 home sales in this subdivision in 2009, and the price-per-square-foot has stabilized! (See the magenta line). In fact, there’s an 11 percent per year uptrend (yellow line) in the price per square foot. The sold prices ranged from $850,000 to $2,199,000.

For homes in The Highlands At Breckenridge subdivision:
  • The peak selling prices occurred roughly from July 1, 2007 to July 1, 2008, and averaged $401 per sq ft
  • Selling prices in 2009 averaged $310 per sq ft
  • That’s a drop of around 23% from the peak
  • Prices appear to have bottomed out, and since 1/1/2009 they are rising at a rate of 11% per year
Compare this to our recent posting, “Recovery for Higher End Breckenridge Homes

So, we’re having a sale! Luxury home prices have been rolled back 23% - but they are rising off of their lows.

What a great time to buy, in one of the most affordable ski resort towns in the U.S.!



Roger & Teresa Moen
Your Mountain Realtors
877.453.2266