Summit County Real Estate Market Off to a Strong Start in 2025
The new year has kicked off with impressive momentum in Summit County’s real estate market. January sales surged 33% compared to the same period in 2024, signaling a strong demand for mountain properties. Even more notable is the 13% increase in the average sales price, which now sits at $1,560,067.
While prices are climbing, buyers are still finding some negotiation opportunities. The list price to sold price ratio dipped by one percentage point to 97%, meaning sellers are slightly more flexible than in recent years. However, inventory has risen 34%, giving buyers more options while still maintaining a competitive market.
One factor influencing the market could be the extended average days on market, now at 78 days, up by 19 days from last year. This slight slowdown in sales pace suggests buyers may be taking a little more time to make decisions. Despite this, overall closed volume soared by 50%, reaching an impressive $126,365,425 million in January alone.
Summit County Colorado January 2025 Residential Market Stats
With winter in full swing and more snow in the forecast, we anticipate short-term boosts in sales activity. Looking ahead, the first quarter of 2025 is shaping up to be a dynamic period for Summit County’s real estate market. Whether you're considering buying or selling, now is a great time to discuss opportunities in this thriving mountain market.
Thinking about making a move in Colorado mountain real estate? Let’s talk about your real estate goals today!
Contact the BuyBreck Team here or call/text us at (970) 343-4642
