A market analysis by Land Title Guarantee Company in Breckenridge reports that Summit County hit $1,475,627,499 in property sales for the year 2005. Yes, thats almost 1 1/2 BILLION dollars in real estate activity for the county.
This represents a 31% increase over 2004 in dollar volume and a 14% increase in the number of transactions completed.
Breckenridge posted the largest volume and number of transactions of all the towns in Summit County.
In a separate survey performed on random condominium complexes in Breckenridge, Susan Gunnin found that the typical condo in Breckenridge increased 12% in value from 2004 to 2005.
This bodes well for current investors, and presents a real opportunity for future buyers. See Susan's web site for more information.
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