Editor’s note: Real Estate Roundup is an ongoing series offering a monthly glimpse at the local real estate market with transactions, historical comparisons and analysis from a rotating corps of High Country brokers. The series tackles commercial and residential sales for a bird’s-eye view of the ever-changing alpine real estate market — and how Summit County compares to neighboring alpine communities.
February is far from a banner month for High Country real estate.
Over the decades — yes, even during the record-setting year in 2007 — markets ranging from Breckenridge to big, bad, multi-billion-dollar Aspen tend to hit a mid-winter lull shortly before the start of buying season in late spring and early summer.
The numbers speak for themselves, at least in terms of eye-catching transactions (or a lack thereof). This February, the entire county saw $50.018 million in residential, commercial and property sales. That’s nearly $12 million less than January, when 10 transactions topped the $1 million mark in a month when more than 130 deals were closed.