Hello all!

Strong summer sales lifted Summit County’s earlier figures out of negative territory. Although inventory took time to build, it has now returned closer to normal levels. I expect the sales momentum to continue through the fall.

The average PRICES in the charts below are the first 8 months of this year compared to the average price for ALL of last year.

TOTAL Sales for Summit County
January-August
(Over the same months last year)
SALES STATS
Total Sales are UP 1%
932 Active Listings, 237 Listings are Under Contract
Average Prices are UP 4%
34% of Buyers are Front Range, 36% are Out of State, and 30% are Locals/Retirees
Average Days on Market = 79
51% of Transactions were Cash in July

Luxury sales over $1,500,000 are UP from 267 to 308 sales over the same months last year.

Based on the last list price of the properties sold January through August 2026:
• $400,000 to $600,000 had 71 sales.
• $600,000 to $800,000 had 131 sales.
• $800,000 to $1,000,000 had 123 sales.
• $1,000,000 to $2,000,000 had 317 sales.
• $2,000,000 to $3,000,000 had 105 sales.
• $3,000,000 to $4,000,000 had 49 sales.
• $4,000,000 and over had 32 sales with the highest being $13,000,000.

TOTAL SINGLE FAMILY SALES for Summit County January-August (Over the same months last year)
SALES STATS
Total Sales are DOWN 4%
Days on Market = 70
Average Prices are FLAT

TOTAL CONDO SALES for Summit County January-August (Over same months last year)
SALES STATS
Total Sales are UP 4%
Days on Market = 83
Average Prices are UP 17%

In Other Summit News:

The Town of Breckenridge reports Summer Guest Nights were up 2% Year Over Year for the Summer Season. Revenue is down 1%. August bookings were down 10%, however September bookings are up 18%, and October bookings are up 25% as tourists look for off-season deals.

To view my premium ad in Mountain Homes Illustrated (inside front cover), click here. As always, check out my website at www.MountainRE.com.

My commitment to you is the very best service, systems, and education to make your transaction the most successful possible. It is a great time to list your property and take advantage of the strong mar­ket. Give me a call today for a free market analysis and let my experience work for you!

If you have thought about capitalizing on the appreciation of your home, give me a call. I can give you the stats of a specific neighborhood or town. I would be happy to take a look at your specific market and see what is best for you.

All my best to you and your family,

Erika B. Schmidt
Summit County Top Producer
Colorado RE Broker/Owner, CRS, ABR, SRS, GRI, CNE, SFR
Peak Mountain Real Estate, LLC

PO Box 4326, Breckenridge CO 80424
Website: www.MountainRE.com
E-mail: BMRE@LIVE.COM
Cell: 970-409-9236

SRS, Seller Representative Specialist
ABR, Accredited Buyers Representative
CRS, Certified Residential Specialist
GRI, Graduate of Real Estate Institute
CNE, Certified Negotiating Expert
SFR, Short Sale and Foreclosure Resource
Top Producer