Colorado Dreams Broker

Keats Ann Scott
Broker Owner
491 Blue River Parkway (hwy 9)
Silverthorne, CO 80498
970-485-0793

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October 2010
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Dillon Colorado Real Estate Market Update

About once a month I do a market update of the different areas in Summit County.  Autumn is traditionally a busy time for properties to be sold.  This year the numbers are picking up a bit, but there is still a lot of choices out there.  Buyers are taking advantage of the great interest rates and in some cases motivated sellers.

Here’s the latest on Dillon

The Dillon area consists of the town of Dillon, and several unincorporated neighborhoods.  Some of those neighborhoods are Dillon Valley and toward Keystone, Corinthian Hills, Summerwood, Summit Cove, Whispering Pines and Soda Creek.  The area has several price points.

The lowest price for condos is usually in Dillon Valley East and West.  Currently there are 25 units on the market. The lowest price is a one bedroom unit for $98,900. I haven’t seen prices that low since 2006.  There’s a three bedroom two bath for $165,000.  In the town of Dillon near the lake, the lowest priced one bedroom is in the Yacht Club complex for $199,000, it has a great location right on the shore.  Prices go up to $899,000 for a four bedroom condo in the Anchorage complex, also right on Lake Dillon.  Right now there are 104 condos and townhomes on the market in the Dillon area, 9 are pending and 59 have sold in the last year.  I do have a list of the condos and townhomes in the Dillon area on my web site.  It won’t list prices but you will see a picture of the complex and other information. If you see something you like then you can search the MLS to see if anything if for sale in that complex – or just ask me.

Very few single family homes are for sale in the town of Dillon, but the surrounding neighborhoods of Dillon Valley, Summit Cove, Soda Creek and Whispering Pines have many options. There are 69 active listings of half duplexes and single family homes in the Dillon area. Of those the lowest price is $304,000 for a three bedroom half duplex in Dillon Valley. Eight homes are listed for a million or more. The most expensive is a fantastic home perched above Lake Dillon in Summerwood.  It has three bedrooms and 4 baths with 3440 square feet and the price is $1,985,000. Six homes are currently pending. Looking back over the last year, 50 single family homes and half duplexes have sold, the lowest price was $265,000, it was a half duplex in Dillon Valley and the most expensive sold for $ 2,591,000 a four bedroom home right on the shores of Lake Dillon.

You would have several choices in vacant lots in the Dillon area. Currently there are twenty-eight on the market. The prices start at $62,500 for a half duplex lot backing to wet lands in Dillon Valley to $340,000 for almost a third of an acre in Whispering Pines Ranch. Six lots have sold this past year with prices between $154,000 and $345,000. Let me know if you would like more information on any of these properties. Every week I print out a list of everything for sale in Dillon and Summit County, let me know if you would like a copy. To get the latest info, search the mls from my web site.