$4,995,000
5,892 SqFt
5 Beds
•5 Full Baths, 1 Partial
Bo Palazola, Listing Office: Engel & Volkers Denver
Is Breckenridge, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Breckenridge was a Neutral Market.
Key Takeaway
Breckenridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Breckenridge, CO
How much do homes in Breckenridge, CO cost?
Median Sold Price
$2,940,000
$759/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$1,477,500(+101.0%)
Key Takeaway
Homes in Breckenridge have sold for 101% more than they did a month ago.
Summary: The median home sold price in Breckenridge was $2,940,000 in November 2024, up 101% from last month, and the median price per square foot was $759.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $650K | $350K | -46.2% |
| 2 Bedrooms | $925K | $1.1M | +22.3% |
| 3 Bedrooms | $1.5M | - | N/A |
| 4 Bedrooms | $3.4M | $3.3M | -1.7% |
| 5+ Bedrooms | $2.7M | $3.2M | +18.5% |
Summary: Breckenridge housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 46.2%, 2 bedroom homes increased by 22.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 18.5%.
Housing Supply in Breckenridge, CO
How many homes are available in Breckenridge, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 110 | 107 | -2.7% |
Summary: The Breckenridge real estate market had 107 homes for sale in November 2024, a 2.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 32 | 32 | 0.0% |
| 5+ Bedrooms | 35 | 34 | -2.9% |
Summary: The Breckenridge housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 2.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Breckenridge, you may be able to get a good deal. 93.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Breckenridge in November 2024, down by 16.7% month-over-month. Of the 15 sold homes, 93% were sold under asking, 7% were sold at asking, and 0% were sold over asking.
Days on Market for Breckenridge, CO
How long does it take to sell a home in Breckenridge, CO?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 86 Days | 81 Days | -5.5% |
Summary: Homes in Breckenridge had an average of 81 days on market in Nov 2024, down by 5.5% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Breckenridge has remained consistent over time.
Summary: During November 2024, 15 homes were sold in Breckenridge; 20% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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