YEAR END REVIEW 2025
As we close out 2025, our luxury mountain real estate market has clearly moved into a healthier and more
sustainable phase. After the rapid price inflation driven by pandemic-era demand, the past year marked a
return to a more balanced and “normal” market environment—one defined by steady activity, realistic pricing,
and informed buyers and sellers.
Single-family home pricing adjusted modestly, with the median price decreasing 5% to $2,175,000. Importantly,
this shift in pricing was met with moderately increased buyer engagement, as sales rose 2% year-over-year to
159 homes sold. This signals a market that is functioning efficiently, where well-priced properties continue to
attract strong interest.
The condominium market showed modest growth as median condo prices increased 2% to $935,000, while total
sales decreased 120% to 133 units sold in 2025 vs 166 in 2024. Condos remain a popular option for both primary
and secondary buyers seeking flexibility, lower maintenance, and access to our mountain lifestyle, yet come
with insurance complications which has slowed unit sales.
Across all property types, the market recorded 303 total sales—our highest annual total since 2021. While
overall sales volume eased slightly to just over $635 million, this adjustment reflects normalization rather than
weakness. Both prices and volume have settled into a more sustainable growth trajectory that supports longterm stability.
Looking ahead, we anticipate steady sales activity through the winter months, with momentum building into
spring as additional inventory comes to market. With more balanced conditions, realistic expectations, and
consistent demand, 2026 is shaping up to be a healthy and opportunity-driven year for our luxury mountain real
estate market.
