Summit County Quarterly Market Report

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MIDYEAR 2023

Quarterly Market Report

SUMMIT COUNTY, COLORADO

Summit County AT A GLANCE Median Sold Price $947,000 -4.0% Properties Sold 470 -35.5% Average Days on Market 44 63.6% Average Price per Sq. Ft. $778 -7.2% % Sold Price, to List Price 98.0% -3.0% Jan - June 2023 % Change Summit County. All residential properties. YTD 2022 vs 2023

Total Sales Volume - 33% 2022 vs 2023 % Change

$651,539,135

$6,000,000 Highest Sold Price

January - June 2023 | 3
Based on Information from Summit Association of Realtors® (Powered by LiveBy). This representation is based in whole or in part on data supplied by Summit Association of Realtors®. Summit Association of Realtors® does not guarantee nor is in any way responsible for its accuracy. Data maintained by Summit Association of Realtors® may not refl ect all real estate activity in the market. July 2022 - June 2023 AVERAGE DAYS ON MARKET Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May 42 27 26 41 49 50 76 77 88 111 65 51 July 2022 - June 2023 TOTAL SALES VOLUME Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May $60M $90M $120M $150M $125M $101M $138M $116M $103M $67M $115M $127M $172M $97M $180M July 2022 - June 2023 MEDIAN SOLD PRICE Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May $750k $800k $850k $900k $950k $191M $189M

Summit County

Summit County, with Breckenridge, Copper Mountain, and Keystone is a winter adventure lovers paradise. Skiing, snowboarding, snowshoeing, and cross-country skiing are all winter activities many Coloradans like to take part in. In summer, Summit County offers boating and fishing on Dillon Reservoir, and there are plenty of opportunities for biking. As a year-round destination, it’s no wonder home sales in Summit County were still strong in the first half of 2023.

January - June 2023 | 5 Breckenridge 91 $1,571,292 69 Copper Mountain 26 $878,619 43 Keystone 58 $1,165,900 46 Frisco 39 $1,260,449 25 Silverthorne 76 $1,201,956 24 Dillon 23 $958,543 30 Scan for Community Data Properties Sold Median Sold Price Average Days on Market Scan for Live Data

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© 2023 LIV Sotheby’s International Realty. All Rights Reserved. LIV Sotheby’s International Realty® is a registered trademark and used with permission. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Equal Housing Opportunity.

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