Summit County Real Estate Market Update: 3rd Quarter 2025
The fall season in Summit County brings crisp mountain air, golden aspens, and, this year, a bit of renewed optimism in our real estate market. After a slow start to the year, the third quarter showed encouraging signs of balance and steady activity across much of the county.
September Snapshot
September closed strong, with sales up 43% compared to the same month last year. Showings were up as well, suggesting that buyer interest remains solid. The only downside: the average sold price dipped 6%, a reminder that while demand is improving, buyers are still value-focused.
County-Wide Q3 Highlights
After Q3, the Summit County residential market was up 10% in sales in the first 9 months of 2025, with the average sold price increasing 2%. Here’s how the segments performed:
Single-Family Homes: Sales up 14%, average sold price up 2%.
Condominiums: Sales up 12%, average sold price up 1%.
Townhomes: Sales down 2%, average sold price down 5%.
This moderate but broad-based growth points toward a market that’s finding its footing again after several quarters of correction.
Town-by-Town Trends
The attached charts highlight some interesting shifts across the county:
Breckenridge: Single-family homes averaged nearly $2.95M (+14%) while condos averaged $997K (+33%).
Frisco: Saw a jump in condo sales due to 23 new construction units closing this year. If those were excluded, the town’s average condo price would actually be down about 14%.
Keystone: A standout performer with single-family home prices up 22% and condos up 39% year over year.
Silverthorne & Dillon: Continued to show solid single-family home activity, even with mixed pricing trends.
Across the board, Summit County’s average home price sits at $2.54M (+2%) and average condo price at $870K (+1%).
Inventory & Market Outlook
Active listings remain elevated, with over 600 properties currently on the market, each hoping to be the next to go under contract. As we head into late fall, it’s worth noting that 190 homes closed between November and December last year. If 2025 continues tracking up roughly 10%, we can expect around 34% of current listings to go under contract and close before year’s end.
The deciding factors? Price, condition, and location. Of those three, price is the one variable sellers can control and it’s proving to be the key to moving inventory in today’s market.
Final Thoughts
The third quarter of 2025 brought renewed energy and more consistent buyer activity across Summit County. While prices remain steady, buyers are active again and sellers who price strategically are finding success.
If you’d like to see how your property fits into today’s market, or want to explore opportunities heading into ski season, reach out to The BuyBreck Team for a data-driven, local perspective.
