Breckenridge Lots Newsletter – June 2010
Land sales in Breckenridge continue on life support but at least it looks like nobody is going to pull the plug! One could also announce that sales have more than doubled, year over year, although honesty would require a footnote that sales improved from 5 to 11.

Q1-10 saw four sales under $100,000, for the first time in a long time. Those lots were concentrated around Hoosier Pass, which those of you familiar with Summit County will recognize as a less desirable area due to the winding switchbacks and short summers (July and August!). The range of sales was amazing, from a low of $85,000 to $3,500,000 for a ski-in/ski-out lot. There was little change in the number of lots available, at 234.
If current trends continue we could expect to see around 40 sales through the end of this summer, which although an improvement would still be half the rate of just three years ago. We will need to see that many sales each quarter before the downward pressure on lot prices subsides.
For more information contact me at JoanInBreck@comcast.net, by phone at 970-333-4203, or visit my website at JoanInBreckenridgeRealEstate.com.
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