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%