Welcome to Summit County, Colorado were sellers still call the shots and buyers still bank on appreciation. As if the county is living in its own little vacuum, home prices continue to buck the national trend for home appreciation. The 1997 values of $217,000 have been increasing almost always by more than 10% each year, to reach 2007's average sales price of $523,000. Despite all the doom and gloom of 2007, Summit County saw a 17 percent increase in values in 2007 alone. Local and state industry professionals see no slowdown for the coming year.

Posted in Headlines, Real Estate Market Conditions

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