December 2023 Real Estate Summary
Real estate summary provided Ben Broughton, Real Estate at Copper Mountain
November In Review
November continued the trend of slow but steady real estate sales. You can see the details on the right, but with only 3 closed transactions it's not really conducive to making comparisons month to month. On the brighter side, all three sold almost immediately after hitting the market (2, 1, and 8 days). One each in West Lake Lodge, Village Point, and Copper Springs Lodge. Inventory remains steady at 11 despite the above transactions.
Two additional properties went pending sale in November, bringing the total under contract to four.
November By the Numbers
Total Sales: 3
Average PPSF : $996
Average Days On Market: 4
Average Sales Price: $857,500
2023 By the Numbers
Total Sales: 44
Average PPSF : $1,033
Average Days On Market: 32
Average Sales Price: $1,136,000
Current Market Conditions
There are currently eleven non-deed restricted listings on the market today, one more than last month. The PPSF increased $5 to $1005. The days on market increased again to 11, but given that two properties were both listed and went under contract in November I think this is a non issue.
Current Listings
Active Listings: 11 active listings
Average PPSF : $1005
Average Days On Market: 111 days
Pending Listings: 4 listings
Real estate summary provided Ben Broughton, Real Estate at Copper Mountain
