Is Breckenridge, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Breckenridge has remained a Seller's Market.
Housing Prices in Breckenridge, CO
How much do homes in Breckenridge, CO cost?
Median Sold Price
$1,550,000
$846/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Breckenridge was $1,550,000 in March 2024, up 4.2% from last year, and the median price per square foot was $846.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $600K | $726.2K | +21.0% |
2 Bedrooms | $900K | $910K | +1.1% |
3 Bedrooms | $1.3M | $1.3M | +2.5% |
4 Bedrooms | $2.7M | $2.4M | -11.1% |
5+ Bedrooms | $2.9M | $4.4M | +48.9% |
Summary: Breckenridge housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 48.9%.
Housing Supply in Breckenridge, CO
How many homes are available in Breckenridge, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 86 | +17.8% |
Summary: The Breckenridge real estate market had 86 homes for sale in March 2024, a 17.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 7 | +40.0% |
2 Bedrooms | 15 | 19 | +26.7% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 20 | 24 | +20.0% |
5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The Breckenridge housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 16 | +166.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Breckenridge in March 2024, up by 166.7% month-over-month. Of the 16 sold homes, 88% were sold under asking, 13% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
105 Days | 108 Days | +3.1% |
Summary: Homes in Breckenridge had an average of 108 days on market in Mar 2024, up by 3.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Breckenridge; 50% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.