Market Update · May 9, 2026

Summit County Real Estate Market Update: March 2026

Single-family homes and condos are moving in opposite directions. Here's what the latest data means for buyers and sellers across Breckenridge, Keystone, Copper Mountain, Frisco, and Silverthorne.

The March 2026 numbers from the Colorado Association of Realtors paint a picture of a Summit County market in transition. For the first time in years, single-family homes and condos aren't moving in the same direction — and that creates different opportunities depending on what you're looking for.

Here's what the data says, what it means, and what buyers and sellers should be thinking about heading into the summer season.

Single-Family Homes: A Buyer's Window Is Opening

$1,866,150 Median Sale Price ↓ 20.6% from March 2025
$2,533,235 Average Sale Price ↓ 4.6% from March 2025
121 Days on Market ↑ 13.1% (longer to sell)
4.2 Months Supply ↓ 23.6% from 2025

The headline number is the median price drop — down over 20% compared to March of last year. That's a meaningful shift in a market where single-family homes routinely traded above $2 million. The average sale price tells a more tempered story at $2.53 million (down 4.6%), which suggests that while the middle of the market has softened, the high end is still holding.

What's happening underneath the price numbers matters just as much. Homes are sitting on the market longer — 121 days on average, up from 107 last year. Sellers are receiving 95.5% of their asking price, down slightly from 95.6%. These are subtle shifts, but together they signal a market where buyers have more room to negotiate and less pressure to rush.

Year to date, the trend is consistent: 79 single-family homes have sold through March, down 23.3% from the 103 sold over the same period in 2025. New listings are also down 14%, meaning fewer homes are coming to market — but even fewer are selling.

What this means for buyers: If you've been watching the Summit County single-family market from the sidelines, the combination of softening prices, longer days on market, and reduced competition creates the most favorable buying conditions since before the pandemic.

Condos & Townhomes: Prices Still Climbing

$850,000 Median Sale Price ↑ 16.0% from March 2025
$987,506 Average Sale Price ↑ 13.8% from March 2025
74 Days on Market ↑ 12.1% (longer to sell)
5.5 Months Supply ↓ 3.5% from 2025

The condo and townhome market is telling a completely different story. The median sale price jumped 16% in March to $850,000, and the average climbed nearly 14% to just under $988,000. Sales volume ticked up 1.5% — one of the few segments in Summit County showing any increase in closed transactions.

Demand for mountain condos remains strong, driven by ski-in/ski-out properties in Breckenridge and Keystone, resort-area units at Copper Mountain, and the relative affordability compared to single-family homes. With the average condo now approaching $1 million, the entry point to Summit County is moving higher.

That said, condos aren't immune to the broader trend of longer selling times. Days on market rose to 74 days, up from 66 last year. And year to date, the picture is more measured — the median price is flat at $825,000 and the average is down 2% at $952,000. March's strong numbers may reflect a few high-end closings rather than a broad-based surge.

What this means for buyers: If a mountain condo is on your list, prices aren't waiting. The year-to-date numbers are steadier than March alone suggests, but the trend is clear — desirable condos in prime locations like Peak 8 in Breckenridge, River Run Village in Keystone, and East Village at Copper Mountain continue to command premium prices.

March 2026 at a Glance

Metric Single-Family Change Condo/TH Change
Median Sale Price $1,866,150 -20.6% $850,000 +16.0%
Average Sale Price $2,533,235 -4.6% $987,506 +13.8%
Homes Sold 41 0.0% 69 +1.5%
New Listings 50 -7.4% 143 +0.7%
Days on Market 121 +13.1% 74 +12.1%
List Price Received 95.5% -0.1% 96.1% -1.6%
Inventory 181 -11.7% 446 -2.0%
Months Supply 4.2 -23.6% 5.5 -3.5%

All changes are March 2026 compared to March 2025.

Key Takeaways for Summer 2026

  • Two markets, one county. Single-family and condo markets are diverging. Buyers need to understand which segment they're in and adjust expectations accordingly.
  • Single-family buyers have leverage. With prices softening, days on market rising, and sales volume down 23% year to date, this is the most favorable negotiating environment for single-family buyers in Summit County since 2019.
  • Condo buyers should move with purpose. Year-to-date prices are holding steady, and March showed significant gains. Prime ski-area condos in Breckenridge, Keystone, and Copper Mountain continue to attract strong demand.
  • Sellers need to price to the market. Homes are taking 13% longer to sell than last year. Overpricing in this environment means sitting on the market, which leads to price reductions that ultimately net less than pricing correctly from the start.
  • Summer is the window. Historically, the summer months bring the highest buyer activity in Summit County. With current pricing conditions, this summer presents a unique opportunity for buyers to act before the next ski season drives renewed interest.

Thinking About Summit County?

Whether you're buying your first mountain home, looking for a ski condo, or considering selling, the market conditions matter — and they vary significantly from Breckenridge to Frisco to Keystone. Let's talk about what the numbers mean for the specific property and neighborhood you're interested in.

(970) 368-2799 perfectmountainhome.com

Data source: Colorado Association of Realtors, March 2026 Market Trends Report. Data provided by Multiple Listing Services (MLS) in Colorado via ShowingTime Plus, LLC. Current as of April 3, 2026. The metrics do not include "For Sale by Owner" transactions or all new construction.