Courtesy of Land Title Guarantee Company
April Summit County 2025 Market Overview
- Total Transactions: 126
- Monetary Volume: $156.8 million
- Average Transaction Price: $1,366,145
- Average Residential Price: $1,310,438
- Average Residential Price per Square Foot (PSF): $833
Year-to-Date (YTD) 2025 Summary (January–April)
- Total Transactions: 455
- Monetary Volume: $644.7 million
- Average Transaction Price: $1,548,400
- Average Residential Price: $1,589,010
- Average Residential PSF: $822
Market Trends: YTD 2025 vs. Full Year 2024
Average Price Indicators:
- Single Family Homes: +3%
- Multi-Family Homes: +2%
- Vacant Land: +51%
Median Price Indicators:
- Single Family Homes: -4%
- Multi-Family Homes: 0%
- Vacant Land: +3%
Market Change Comparison
April 2025 vs. April 2024:
- Monetary Volume: Down 34%
- Transaction Volume: Flat
YTD 2025 vs. YTD 2024:
- Monetary Volume: Up 4%
- Transaction Volume: Up 6%
Residential Cost Analysis (April 2025)
- Total Residential Transactions: 92
- Gross Volume: $120.6 million
- Properties Sold for $1M+: 38
- Breakdown:
- Single Family Homes: 28
- Multi-Family Homes: 64
- Vacant Land: 2
Average Price by Property Type (YTD 2025):
- Single Family Homes: $2,453,895
- Multi-Family Homes: $1,062,558
- Vacant Land: $1,079,071
Comparative Historical Cost Analysis
YTD 2025:
- Transactions: 333
- Gross Volume: $529.1 million
- Properties Sold for $1M+: 185
YTD 2024:
- Transactions: 334
- Gross Volume: $502.4 million
- Properties Sold for $1M+: 186
YTD 2023:
- Transactions: 299
- Gross Volume: $406.7 million
- Properties Sold for $1M+: 142
Lender Analysis (April 2025)
- Total Loans: 337
- Sales-Related Loans: 75
- Refinances: 75
- Timeshare Loans: 188
- Cash Transactions: 40% of real estate deals closed with cash
Purchaser Profile (YTD 2025)
- Local Buyers: 34%
- Front Range Buyers: 34%
- Out-of-State Buyers: 31%
- International Buyers: 1%